3220 Emerald Springs Loop
Sevierville, TN 37862
$599,000
3 bd · 3 ba · 2,292 sqft · Listed 7d ago
View on Realtor.com →Year built
2007
Sqft
2,292
Lot sqft
26,136
HOA / mo
$121
Furnished
No
List date
2026-11-05T04:08:28.000000Z
Revenue
Annual revenue
$75,183
ADR
$309
Occupancy
67%
Cleaning fees (12 mo)
$14,134
Confidence
Low (49.17), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $62,266
Cloudchaser Cabin, Private, New Cabin, 2 Kings, Cozy, Modern, Hot Tub, View, Theater
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $131,548ADR $436Occ ≈ 83%5★ (3)
Catch & Release; Fishing Pond, Creek, FIOS Wifi Internet, Secluded
Chalet · 3 bd · 2 ba · sleeps 6 · 0.2 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $38,797ADR $216Occ ≈ 49%4.9★ (287)
Walk to a 75-ft Waterfall, Firepit, Air Hockey!
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi
Revenue $30,530ADR $293Occ ≈ 29%4.9★ (35)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Epic Views • Luxe Retreat • Hot Tub & Theater Cabin
| 3 bd · 2 ba · sleeps 8 | $97,561 | $326 | 82% | 5★ (174) | 364 ft | AirbnbVrbo |
Stunning View | Game Room Fun | Hot Tub & Fire Pit Cabin
| 3 bd · 2 ba · sleeps 8 | $107,293 | $328 | 90% | 4.8★ (79) | 394 ft | AirbnbVrbo |
Cloudchaser Cabin, Private, New Cabin, 2 Kings, Cozy, Modern, Hot Tub, View, Theater Vacation home | 3 bd · 2 ba · sleeps 8 | $131,548 | $436 | 83% | 5★ (3) | 0.1 mi | Booking |
Mtn cabin in Resort/Hottub/Seclu/Theater/pooltable Cabin
| 3 bd · 3 ba · sleeps 8 | $76,151 | $322 | 65% | 4.8★ (197) | 0.2 mi | AirbnbVrbo |
Mountain View Cabin Near Pigeon Forge & Gatlinburg Cabin
| 3 bd · 3.5 ba · sleeps 10 | $31,565 | $297 | 29% | 4.7★ (6) | 0.2 mi | AirbnbVrboBooking |
Catch & Release; Fishing Pond, Creek, FIOS Wifi Internet, Secluded Chalet
| 3 bd · 2 ba · sleeps 6 | $38,797 | $216 | 49% | 4.9★ (287) | 0.2 mi | Vrbo |
Mtn Cabin · Hot Tub · Game Room · Fire Pit Cabin
| 3 bd · 2.5 ba · sleeps 10 | $90,137 | $355 | 70% | 4.8★ (147) | 0.2 mi | AirbnbVrbo |
New Cabin! 6 Mi. to PF/Hot tub/EV charger/Gm Rm. Cabin
| 3 bd · 2.5 ba · sleeps 8 | $107,357 | $374 | 79% | 4.9★ (91) | 0.3 mi | AirbnbVrbo |
3BR Luxury Cabin W Hot Tub &breathtaking MTN Views Cabin
| 3 bd · 2.5 ba · sleeps 6 | $31,083 | $389 | 22% | 5★ (16) | 0.3 mi | AirbnbVrbo |
Walk to a 75-ft Waterfall, Firepit, Air Hockey! Cabin | 3 bd · 2.5 ba · sleeps 8 | $30,530 | $293 | 29% | 4.9★ (35) | 0.3 mi | Airbnb |
Show 28 more
Paradise View Smokies: Awesome Views, Resort Pool, game room, hot tub, Wi-Fi
Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $8,685ADR $414Occ ≈ 6%3.8★ (5)
Delisted
A-Frame Escape | Theater • Game Room • Sleeps 8
House · 3 bd · 3 ba · sleeps 8 · 0.3 mi
- Hot tub
- A/C
- Wifi
- Kitchen
- +4
Revenue $15,146ADR $423Occ ≈ 10%4.8★ (7)
Relaxing Cabin for Family Trips - View & Fire Pit
Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $74,486ADR $291Occ ≈ 70%5★ (192)
Delisted
Luxurious Cabin with Hot-Tub, Pool Table and Amazing Hiking Trails in Sevierville, Tennessee
Vacation home · 3 bd · 2 ba · sleeps 10 · 0.4 mi
Revenue $24,446ADR $650Occ ≈ 10%—
Above The Clouds by American Patriot Getaways
Vacation home · 3 bd · 4 ba · sleeps 6 · 0.4 mi
Revenue $88,147ADR $351Occ ≈ 69%—
Luxury A-Frame | Sleeps 10 + Hot Tub & Views
Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi
- Hot tub
- Pool
- A/C
- Free parking
- +3
Revenue $48,592ADR $324Occ ≈ 41%5★ (30)
Above the Clouds*Cozy Chalet*Breathtaking Views
House · 3 bd · 3.5 ba · sleeps 6 · 0.4 mi
Revenue $58,952ADR $332Occ ≈ 49%4.7★ (17)
Hot Tub~Fire Pit Tbl~Pool Table~View!
Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $82,691ADR $282Occ ≈ 80%5★ (196)
Delisted
Mountain View Cabin + Incredible Outdoor Living
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $5,956ADR $350Occ ≈ 5%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Paradise View Smokies: Awesome Views, Resort Pool, game room, hot tub, Wi-Fi Cabin | 3 bd · 3 ba · sleeps 10 | $8,685 | $414 | 6% | 3.8★ (5) | 0.3 mi | Delisted |
A-Frame Escape | Theater • Game Room • Sleeps 8 House
| 3 bd · 3 ba · sleeps 8 | $15,146 | $423 | 10% | 4.8★ (7) | 0.3 mi | Airbnb |
Paradise View In The Smokies: Views & Resort Pool Cabin
| 3 bd · 3 ba · sleeps 10 | $94,611 | $378 | 69% | 4.5★ (8) | 0.3 mi | AirbnbVrbo |
Smoky Mountain Escape: Theater Room, Hot Tub, Pool Table Cabin
| 3 bd · 3 ba · sleeps 8 | $57,355 | $309 | 51% | 4.5★ (37) | 0.3 mi | VrboBooking |
Autumn Cabin for Small Groups - 5 Star Stays Cabin
| 3 bd · 2 ba · sleeps 8 | $61,209 | $278 | 60% | 4.8★ (119) | 0.3 mi | AirbnbVrbo |
Relaxing Cabin for Family Trips - View & Fire Pit Cabin | 3 bd · 2 ba · sleeps 8 | $74,486 | $291 | 70% | 5★ (192) | 0.3 mi | Delisted |
Wooded Smokies Retreat | Hot Tub | Fire Pit Cabin
| 3 bd · 4 ba · sleeps 8 | $31,996 | $334 | 26% | 5★ (128) | 0.3 mi | AirbnbVrboBooking |
Emerald Spring's Cabin Cabin | 3 bd · 3 ba · sleeps 8 | $59,795 | $842 | 19% | 5★ (4) | 0.3 mi | AirbnbBooking |
Fall Escape with Hot Tub, Games in Quiet Location Cabin
| 3 bd · 3 ba · sleeps 8 | $98,817 | $352 | 77% | 5★ (140) | 0.3 mi | AirbnbVrboBooking |
3 BR w/ Hot Tub, WiFi, Pool Table, Private Cabin
| 3 bd · 2.5 ba · sleeps 10 | $87,498 | $338 | 71% | 4.7★ (91) | 0.4 mi | AirbnbVrboBooking |
Brand new cozy chalet: epic views w/modern styling Chalet
| 3 bd · 3.5 ba · sleeps 6 | $31,675 | $189 | 46% | 4.5★ (4) | 0.4 mi | AirbnbVrbo |
Bear Bungalow | Mtn & Forest Views | Hot Tub House
| 3 bd · 2 ba · sleeps 8 | $9,441 | $273 | 9% | 5★ (4) | 0.4 mi | AirbnbVrboBooking |
Huge Views with Fire Pit, King Beds and Game Room! Cabin
| 3 bd · 2.5 ba · sleeps 7 | $72,890 | $292 | 68% | 4.8★ (31) | 0.4 mi | AirbnbVrboBooking |
Luxurious Cabin with Hot-Tub, Pool Table and Amazing Hiking Trails in Sevierville, Tennessee Vacation home | 3 bd · 2 ba · sleeps 10 | $24,446 | $650 | 10% | — | 0.4 mi | Booking |
Mountain Mist Chalet | 3 bd · 2 ba · sleeps 6 | $38,326 | $216 | 49% | — | 0.4 mi | Booking |
Above The Clouds by American Patriot Getaways Vacation home | 3 bd · 4 ba · sleeps 6 | $88,147 | $351 | 69% | — | 0.4 mi | Booking |
Smoky Mountain Views- panoramic views, secluded Cabin
| 3 bd · 3 ba · sleeps 8 | $58,344 | $302 | 53% | 4.2★ (23) | 0.4 mi | AirbnbVrbo |
Talkin' Tennessee| King Beds | Fire Pits | Arcade Cabin
| 3 bd · 2.5 ba · sleeps 10 | $85,911 | $338 | 70% | 4.8★ (45) | 0.4 mi | AirbnbVrboBooking |
New Luxury A-frame-Near Pigeon Forge | Hot Tub Cabin
| 3 bd · 2 ba · sleeps 6 | $63,322 | $316 | 55% | 5★ (36) | 0.4 mi | AirbnbVrbo |
TN Whiskey - 3 BR w/ Hot Tub, Great View, Games! Cabin
| 3 bd · 2.5 ba · sleeps 10 | $78,586 | $331 | 65% | 4.8★ (47) | 0.4 mi | AirbnbVrboBooking |
3 BR w/ New Furniture, Hot Tub, Wi-Fi, Pool Access Cabin
| 3 bd · 3 ba · sleeps 9 | $69,996 | $310 | 62% | 4.4★ (129) | 0.4 mi | AirbnbVrboBooking |
Luxury A-Frame | Sleeps 10 + Hot Tub & Views Cabin
| 3 bd · 2 ba · sleeps 10 | $48,592 | $324 | 41% | 5★ (30) | 0.4 mi | Airbnb |
Above the Clouds*Cozy Chalet*Breathtaking Views House | 3 bd · 3.5 ba · sleeps 6 | $58,952 | $332 | 49% | 4.7★ (17) | 0.4 mi | Airbnb |
My Runaway Wagon Retreat - Hot Tub & Mountain View Cabin
| 3 bd · 3.5 ba · sleeps 10 | $45,565 | $324 | 39% | 4.6★ (34) | 0.4 mi | AirbnbVrboBooking |
Hot Tub~Fire Pit Tbl~Pool Table~View! Cabin | 3 bd · 2 ba · sleeps 8 | $82,691 | $282 | 80% | 5★ (196) | 0.4 mi | Delisted |
Summer Mountain Getaway | Views, Hot Tub, Games! Cabin
| 3 bd · 3 ba · sleeps 10 | $82,919 | $337 | 67% | 4.8★ (72) | 0.4 mi | AirbnbVrboBooking |
More than a beautiful cabin, It's an Experience! Cabin
| 3 bd · 2.5 ba · sleeps 10 | $123,072 | $427 | 79% | 5★ (186) | 0.5 mi | AirbnbVrbo |
Mountain View Cabin + Incredible Outdoor Living Cabin
| 3 bd · 2.5 ba · sleeps 8 | $5,956 | $350 | 5% | 5★ (3) | 0.5 mi | Airbnb |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Rate 7.93% = 7.18% Freddie Mac 30-yr avg (Nov 5) + 0.75% investor premium
Est. revenue
$75,183
NOI
$42,696
Cash flow /mo
$283
Cash needed
$199,210
Cash-on-cash
1.7%
ROE (yr 1)
12.6%
Cap rate
7.1%
DSCR
1.09
Year-1 write-off
$129,194
Year-1 tax shield @ 32%
$41,342
Year-1 return on equity
- Cash flow (annual)$3,401
- Principal paydown$3,805
- Appreciation at%$17,970
Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$15,037
- Platform fees (3% of revenue)$2,255
- Maintenance / capex (5% of revenue)$3,759
- Utilities & supplies$4,200
- HOA$1,452
- Property tax$2,190
- Insurance (STR-rated)$3,594
Cash needed to close
- Down payment (25%)$149,750
- Closing costs (4.0%)$23,960
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$41,342
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$580,000
Short-life (5/15-yr)
$103,000 · 18%
Year-1 deduction
$129,000
Year-1 tax shield @ 32%
$41,000
Land 3% (county tax record, market value split) · building $476,000 over 39 years · new furniture $26,000
Based on: 2,292 sq ft, built 2007, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $81,000 in year 1 (9% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,100
Kitchen cabinetsdefault
$10,800 new × 40% good × 2.11 allocation
- $7,500
Kitchen countertopsdefault
$8,900 new × 40% good × 2.11 allocation
- $3,400
Decorative trimdefault
$4,000 new × 40% good × 2.11 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.11 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 2.11 allocation
- $4,900
Window coverings (23)default
$5,800 new × 40% good × 2.11 allocation
- $11,000
Kitchen & laundry equipment plumbingdefault
$8,400 new × 62% good × 2.11 allocation
- $6,700
Kitchen, laundry & data equipment electricaldefault
$5,100 new × 62% good × 2.11 allocation
- $6,500
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.11 allocation
- $7,600
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.11 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $10,500
Paving: driveway & walks (paved)default
$9,900 new × 50% good × 2.11 allocation
- $5,000
Landscaping (minimal)listing
$4,800 new × 50% good × 2.11 allocation
- $2,400
Patiosdefault
$2,300 new × 50% good × 2.11 allocation
- $27,200
Decks & porches (attached)listing
$25,800 new × 50% good × 2.11 allocation
- $359,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$248,800 new × 68% good × 2.11 allocation
- $33,800
Building plumbing & fixturesdefault
$25,800 new × 62% good × 2.11 allocation
- $34,500
Building electrical & lightingdefault
$26,300 new × 62% good × 2.11 allocation
- $21,800
HVACdefault
$25,800 new × 40% good × 2.11 allocation
- $12,500
Hardwood & tile floorsdefault
$14,700 new × 40% good × 2.11 allocation
- $2,200
Fireplacelisting
$2,600 new × 40% good × 2.11 allocation
- $12,700
Septic systemlisting
$12,000 new × 50% good × 2.11 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $83,600 | $45,100 | $500 | $129,200 |
| 2 | $0 | $0 | $12,200 | $12,200 |
| 3 | $0 | $0 | $12,200 | $12,200 |
| 4 | $0 | $0 | $12,200 | $12,200 |
| 5 | $0 | $0 | $12,200 | $12,200 |
| 6+ | $0 | $0 | $427,000 | $427,000 |
| Total | $83,600 | $45,100 | $476,400 | $605,100 |
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.