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236 Mountain Vista Dr

236 Mountain Vista Dr

Pigeon Forge, TN 37863

$799,900

4 bd · 3.5 ba · 3,093 sqft · Listed today

View on Realtor.com →

Year built

1965

Sqft

3,093

Lot sqft

35,719

HOA / mo

None

Furnished

No

List date

2026-10-20T00:39:21.000000Z

Revenue

Annual revenue

$70,310

ADR

$336

Occupancy

57%

Cleaning fees (12 mo)

$13,387

Confidence

Low (50.88), 50 comps

Comp revenue range (p25 / median / p75)

$43,264$60,193$87,667

Median revenue of shown comps: $60,116

  • Holley Beary Inn: Quiet, luxury cabin. Minutes from the heart of Pigeon Forge

    Cabin · 4 bd · 4.5 ba · sleeps 10 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $58,649ADR $365Occ ≈ 44%4.9★ (306)

    Vrbo

  • Beary Cozy ~ Close to the Pigeon Forge Parkway

    House · 4 bd · 3 ba · sleeps 10 · 0.2 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $18,848ADR $282Occ ≈ 18%4.9★ (9)

    AirbnbVrbo

  • Beary Cozy

    House · 4 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $14,185ADR $292Occ ≈ 13%5★ (7)

    Delisted

  • Private Pool 4BR Cabin with Game Room

    House · 4 bd · 4 ba · sleeps 12 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $58,182ADR $570Occ ≈ 28%5★ (1)

    AirbnbVrbo

  • Parkway Pool Oasis: Private Pool, Hot Tub, & More!

    Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.4 mi

    Revenue $111,136ADR $898Occ ≈ 34%4.9★ (12)

    Airbnb

  • Beautiful time to be in the Great Smokey Mountains

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Kitchen
    • +3

    Revenue $55,087ADR $472Occ ≈ 32%4.9★ (187)

    AirbnbVrbo

  • Luxury,HotTub,Game Room,A+Location,Mountain View

    Cabin · 4 bd · 4 ba · sleeps 13 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $89,098ADR $485Occ ≈ 50%4.9★ (52)

    AirbnbVrboBooking

  • 2 Master Suites! 9-Hole Putt-Putt! Walk to Parkway

    Cabin · 4 bd · 3.5 ba · sleeps 12 · 0.5 mi

    Revenue $105,425ADR $404Occ ≈ 71%4.9★ (271)

    AirbnbBooking

  • Family Cabin - 3 King Suites + Putt Putt Fun

    House · 4 bd · 4 ba · sleeps 12 · 0.5 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $33,133ADR $443Occ ≈ 20%4.5★ (7)

    AirbnbVrboBooking

  • Groundhog Heaven by Avada Properties

    Vacation home · 4 bd · 4 ba · sleeps 11 · 0.5 mi

    Revenue $100,846ADR $358Occ ≈ 77%3.8★ (2)

    Booking

Show 28 more
  • 9-Hole Mini Golf +3 King Suites +Amazing Location!

    Cabin · 4 bd · 3.5 ba · sleeps 11 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $116,094ADR $426Occ ≈ 75%4.8★ (278)

    AirbnbVrbo

  • Hoot N Holler:Walk to Pigeon Forge, hot tub, yard!

    House · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    • A/C

    Revenue $30,846ADR $529Occ ≈ 16%5★ (1)

    AirbnbVrboBooking

  • Pinewood Lodge by Avada Properties

    Vacation home · 4 bd · 4 ba · sleeps 10 · 0.5 mi

    Revenue $65,009ADR $292Occ ≈ 61%—

    Booking

  • Whispering Pines 634

    Condominium (condo) · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $44,224ADR $268Occ ≈ 45%3.4★ (4)

    AirbnbBooking

  • HUGE 4 Bed/3 Bath • FREE Dollywood & SHOWS • WP634

    Condominium (condo) · 4 bd · 3 ba · sleeps 10 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $77,822ADR $287Occ ≈ 74%5★ (73)

    AirbnbVrbo

  • EZ Drive/Pool Table/Hot Tub/Dog/Pool/Theatre/Pkg

    Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $130,298ADR $457Occ ≈ 78%5★ (181)

    AirbnbVrbo

  • *Stunning 4BD Near TOWN! Theater Room + HOT TUB!

    Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $103,588ADR $390Occ ≈ 73%4.9★ (144)

    AirbnbVrbo

  • Family Cabin Kids Swings & Slide | Hot Tub | Pets

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +5

    Revenue $86,130ADR $407Occ ≈ 58%4.9★ (157)

    AirbnbVrbo

  • Brand New Cabin: Honey Bear Cabin

    Cabin · 4 bd · 3.5 ba · sleeps 11 · 0.6 mi

    Revenue $14,773ADR $524Occ ≈ 8%5★ (5)

    Airbnb

  • Luxury Cabin Near Parkway, Island, Leconte Center & Dollywood w/ Hot Tub & Views

    Cabin · 4 bd · 3.5 ba · sleeps 12 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $28,180ADR $386Occ ≈ 20%5★ (5)

    VrboBooking

  • Smoky Peak Retreat | Views | Hot Tub | 4m Dwood

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $85,082ADR $465Occ ≈ 50%4.8★ (52)

    AirbnbVrboBooking

  • Star Gazing | Mountain View, Balcony, Amenities!

    Condominium (condo) · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $75,933ADR $422Occ ≈ 49%4.7★ (88)

    AirbnbVrboBooking

  • Family Gathering | Resort Amenities, Family Condo

    Condominium (condo) · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +4

    Revenue $100,228ADR $435Occ ≈ 63%4.8★ (105)

    AirbnbVrboBooking

  • 4 BD | 3 BA | Walk-in Level Condo | Indoor, Outdoo

    Condominium (condo) · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $42,944ADR $292Occ ≈ 40%4.8★ (6)

    AirbnbVrbo

  • Whispering Pines 544|4 BD|Sleeps 10|Indoor Pool an

    Condominium (condo) · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $61,583ADR $337Occ ≈ 50%4.8★ (21)

    AirbnbVrboBooking

  • Whispering Pines 4 BD|Sleeps10|Indoor Pool & Hot T

    Condominium (condo) · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $68,697ADR $307Occ ≈ 61%4.8★ (31)

    Airbnb

  • Convenient Prime Location, Exceptional reviews!! We would love to host you.

    House · 4 bd · 3 ba · sleeps 12 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $47,268ADR $355Occ ≈ 36%5★ (205)

    Vrbo

  • Stones Throw | By Bear Camp

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $56,863ADR $371Occ ≈ 42%4.3★ (6)

    AirbnbVrbo

  • Taylor Tots Hideaway

    House · 4 bd · 3 ba · sleeps 11 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $44,377ADR $442Occ ≈ 28%4.8★ (19)

    AirbnbVrboBooking

  • Secluded 4BR/4.5BA Cabin w/ Game Room, HotTub, Charcoal Grill – Perfect Getaway!

    Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $88,179ADR $630Occ ≈ 38%4.8★ (79)

    Vrbo

  • Secluded 4BR/4.5BA Cabin w/ Game Room, HotTub, Cha

    Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $66,424ADR $459Occ ≈ 40%4.9★ (37)

    AirbnbVrboBooking

  • Fall Foliage Views! Arcade Room, Hot Tub, 2 King Beds! 5 Military Discount

    Vacation home · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $76,939ADR $442Occ ≈ 48%—

    Booking

  • Porchside Pines

    House · 4 bd · 3 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $20,792ADR $341Occ ≈ 17%4.5★ (7)

    AirbnbBooking

  • Peaceful Cabin, Sleeps 12・Hot Tub・Pool Table・Games

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.7 mi

    Revenue $44,723ADR $313Occ ≈ 39%2.6★ (3)

    AirbnbBooking

  • Porchside Pines։ Private Hot Tub

    House · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $18,708ADR $334Occ ≈ 15%4.5★ (0)

    Vrbo

  • 4BR cabin w/ hot tub & Free Attraction Tickets

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.7 mi

    Revenue $15,637ADR $376Occ ≈ 11%4.2★ (67)

    AirbnbBooking

  • Theater + Game Room + Hot Tub | Pigeon Forge

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $84,196ADR $413Occ ≈ 56%4.8★ (45)

    AirbnbVrbo

  • Zen Bear's Den

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $34,059ADR $319Occ ≈ 29%5★ (15)

    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

Financing
Management

Est. revenue

$70,310

NOI

$40,518

Cash flow /mo

$3,376

Cash needed

$854,896

Cash-on-cash (all cash)

4.7%

ROE (yr 1)

7.5%

Cap rate

5.1%

DSCR

—

Year-1 write-off

$182,475

Year-1 tax shield @ 32%

$58,392

Year-1 return on equity

  • Cash flow (annual)$40,518
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$23,997
ROE7.5%

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)$14,062
  • Platform fees (3% of revenue)$2,109
  • Maintenance / capex (5% of revenue)$3,516
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,106
  • Insurance (STR-rated)$4,799

Cash needed to close

  • Purchase price (all cash)$799,900
  • Closing costs (4.0%)$31,996
  • Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$58,392

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

$590,000

Short-life (5/15-yr)

$159,000 · 27%

Year-1 deduction

$182,000

Year-1 tax shield @ 32%

$58,000

Land 26% (county tax record, market value split) · building $431,000 over 39 years · new furniture $23,000

Based on: 3,093 sq ft, built 1965, 4 bd / 3.5 ba, unfurnished, listing features (deck, patio, fence, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $113,000 in year 1 (15% short-life, $36,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$87,000
  • Kitchen cabinetsdefault

    $12,600 new × 40% good × 2.37 allocation

    $11,900
  • Kitchen countertopsdefault

    $10,300 new × 40% good × 2.37 allocation

    $9,800
  • Decorative trimdefault

    $5,400 new × 40% good × 2.37 allocation

    $5,100
  • Mirrorsdefault

    $500 new × 40% good × 2.37 allocation

    $400
  • Shelvingdefault

    $1,500 new × 40% good × 2.37 allocation

    $1,400
  • Window coverings (31)default

    $7,800 new × 40% good × 2.37 allocation

    $7,300
  • Carpet, vinyl & laminate (50% of floors)listing

    $10,000 new × 40% good × 2.37 allocation

    $9,400
  • Kitchen & laundry equipment plumbingdefault

    $9,800 new × 40% good × 2.37 allocation

    $9,300
  • Kitchen, laundry & data equipment electricaldefault

    $5,900 new × 40% good × 2.37 allocation

    $5,600
  • Appliances (range, microwave, dishwasher, disposal)listing

    $3,900 new × 40% good × 2.37 allocation

    $3,700
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
15-year land improvements$95,000
  • Paving: driveway & walks (paved)default

    $14,400 new × 50% good × 2.37 allocation

    $17,100
  • Landscaping (typical)default

    $11,100 new × 50% good × 2.37 allocation

    $13,100
  • Patioslisting

    $13,900 new × 50% good × 2.37 allocation

    $16,500
  • Decks & porches (attached)listing

    $34,800 new × 50% good × 2.37 allocation

    $41,200
  • Fencinglisting

    $6,000 new × 50% good × 2.37 allocation

    $7,100
Building, 39-year$430,900
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $336,000 new × 40% good × 2.37 allocation

    $318,400
  • Building plumbing & fixturesdefault

    $34,900 new × 40% good × 2.37 allocation

    $33,100
  • Building electrical & lightingdefault

    $36,500 new × 40% good × 2.37 allocation

    $34,600
  • HVACdefault

    $34,800 new × 40% good × 2.37 allocation

    $33,000
  • Hardwood & tile floorsdefault

    $10,000 new × 40% good × 2.37 allocation

    $9,400
  • Fireplacelisting

    $2,600 new × 40% good × 2.37 allocation

    $2,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$87,000$95,000$500$182,500
2$0$0$11,000$11,000
3$0$0$11,000$11,000
4$0$0$11,000$11,000
5$0$0$11,000$11,000
6+$0$0$386,300$386,300
Total$87,000$95,000$430,900$613,000

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.