715 Chapel View Cir
Pigeon Forge, TN 37863
$449,000
3 bd · 3 ba · 1,756 sqft · Listed 1d ago
View on Realtor.com →Year built
2002
Sqft
1,756
Lot sqft
436
HOA / mo
$65
Furnished
No
List date
2026-11-02T19:59:24.000000Z
Revenue
Annual revenue
$43,737
ADR
$230
Occupancy
52%
Cleaning fees (12 mo)
$7,850
Confidence
Med (54.29), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $44,568
LITTLE PIGEON RIVER ACCESS-1 Mile to Pigeon Forge-Game room-Theatre system-Hot Tub and more
Chalet · 3 bd · 3.5 ba · sleeps 10 · 236 ft
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $51,387ADR $285Occ ≈ 49%4.7★ (40)
River Breeze, WIFI, 560 FREE tickets each paid day!!!
Vacation home · 3 bd · 2 ba · sleeps 6 · 466 ft
Revenue $40,958ADR $190Occ ≈ 59%3.4★ (11)
Close to Pigeon Forge Parkway, spacious & clean 3 bedroom! Hot tub and outdoor TV on back deck!
Vacation home · 3 bd · 2 ba · sleeps 6 · 466 ft
Revenue $28,813ADR $202Occ ≈ 39%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
LITTLE PIGEON RIVER ACCESS-1 Mile to Pigeon Forge-Game room-Theatre system-Hot Tub and more Chalet
| 3 bd · 3.5 ba · sleeps 10 | $51,387 | $285 | 49% | 4.7★ (40) | 236 ft | Vrbo |
2 min to PigeonForge Strp_AFFordable_Cute cottage House
| 3 bd · 3 ba · sleeps 6 | $51,625 | $211 | 67% | 5★ (340) | 249 ft | AirbnbVrbo |
River View Rental-Gameroom-Only 1 Mile Off Main Parkway Pigeon Forge-Hot Tub and more Chalet
| 3 bd · 3 ba · sleeps 6 | $46,950 | $263 | 49% | 4.2★ (26) | 453 ft | VrboBooking |
Rock of Ages- less than a mile to the parkway! Chalet
| 3 bd · 3 ba · sleeps 10 | $45,723 | $253 | 50% | 4.4★ (50) | 459 ft | AirbnbVrboBooking |
Family & Dog-Friendly Home w/ Game Room & Hot Tub House
| 3 bd · 2 ba · sleeps 8 | $48,806 | $303 | 44% | 4.9★ (208) | 459 ft | AirbnbVrbo |
Theater Room-Game Room-Bluff River View-Wireless Internet- putt putt golf coarse-Hot Tub and More Chalet
| 3 bd · 3 ba · sleeps 10 | $55,986 | $295 | 52% | 4.5★ (76) | 466 ft | VrboBooking |
Wheelchair Friendly River front and view -1 Mile From Pigeon Forge-Fishing year round Cabin
| 3 bd · 3 ba · sleeps 6 | $56,515 | $249 | 62% | 4.4★ (62) | 466 ft | VrboBooking |
River Front Rental-1 Mile Off Main Parkway-Large outdoor kitchen- moveable beds-Year round Fishing Cabin
| 3 bd · 2.5 ba · sleeps 8 | $88,404 | $394 | 61% | 4.9★ (58) | 466 ft | VrboBooking |
River Breeze, WIFI, 560 FREE tickets each paid day!!! Vacation home | 3 bd · 2 ba · sleeps 6 | $40,958 | $190 | 59% | 3.4★ (11) | 466 ft | Booking |
Close to Pigeon Forge Parkway, spacious & clean 3 bedroom! Hot tub and outdoor TV on back deck! Vacation home | 3 bd · 2 ba · sleeps 6 | $28,813 | $202 | 39% | 5★ (3) | 466 ft | Booking |
Show 32 more
Henderson's Riverside
Chalet · 3 bd · 2 ba · sleeps 6 · 492 ft
Revenue $36,318ADR $169Occ ≈ 59%3.8★ (4)
Near PF Parkway, hot tub & TV on deck, king beds!
House · 3 bd · 2 ba · sleeps 6 · 515 ft
Revenue $58,250ADR $344Occ ≈ 46%4.9★ (56)
Bear Creek Bungalow w/ Games, Hot Tub , & Sunroom
House · 3 bd · 3 ba · sleeps 9 · 0.1 mi
Revenue $12,166ADR $220Occ ≈ 15%4.7★ (193)
Family Friendly. Great Location & Rates. Near Dollywood & Ripken. River Access.
House · 3 bd · 3 ba · sleeps 6 · 0.1 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $44,417ADR $238Occ ≈ 51%4.8★ (300)
Peace at the River by American Patriot Getaways
Apartment · 3 bd · 3 ba · sleeps 6 · 0.1 mi
Revenue $27,168ADR $256Occ ≈ 29%—
Cozy Cottage with Fire Pit and Barbecue in Pigeon Forge, Tennessee
House · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $25,658ADR $554Occ ≈ 13%—
Sparkling Waters
Chalet · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $29,290ADR $168Occ ≈ 48%5★ (1)
1/2 Mi. From Parkway, 10 Min to Dollywood, 5 min to Ripken, 18 Min To Gatlinburg
Chalet · 3 bd · 3 ba · sleeps 10 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $43,572ADR $240Occ ≈ 50%4.9★ (342)
Prime PF Location- no steep Rds-DollyWood- Island
House · 3 bd · 3 ba · sleeps 7 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $46,651ADR $209Occ ≈ 61%5★ (276)
Family Getaway- Hot Tub | Game Room | Pet Friendly
House · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $33,170ADR $247Occ ≈ 37%4.8★ (5)
Family Fun. River Access. Near Dollywood & Ripken.
House · 3 bd · 3 ba · sleeps 6 · 0.3 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $29,740ADR $248Occ ≈ 33%5★ (24)
Mountain View 1306 is a luxurious three-bedroom condo in the Mountains
Condominium (condo) · 3 bd · 2 ba · sleeps 8 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $58,384ADR $344Occ ≈ 46%—
River/Mtn Views- Pool-Gym-Gamerm @ Appleview Condo
Apartment · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $7,032ADR $251Occ ≈ 8%4.7★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Henderson's Riverside Chalet | 3 bd · 2 ba · sleeps 6 | $36,318 | $169 | 59% | 3.8★ (4) | 492 ft | Booking |
Where Tranquility Flows Cabin
| 3 bd · 3 ba · sleeps 6 | $8,038 | $215 | 10% | 4.3★ (3) | 509 ft | AirbnbVrbo |
Near PF Parkway, hot tub & TV on deck, king beds! House | 3 bd · 2 ba · sleeps 6 | $58,250 | $344 | 46% | 4.9★ (56) | 515 ft | Airbnb |
Bear Creek Bungalow w/ Games, Hot Tub , & Sunroom House | 3 bd · 3 ba · sleeps 9 | $12,166 | $220 | 15% | 4.7★ (193) | 0.1 mi | Airbnb |
Family Friendly. Great Location & Rates. Near Dollywood & Ripken. River Access. House
| 3 bd · 3 ba · sleeps 6 | $44,417 | $238 | 51% | 4.8★ (300) | 0.1 mi | Vrbo |
Peace at the River by American Patriot Getaways Apartment | 3 bd · 3 ba · sleeps 6 | $27,168 | $256 | 29% | — | 0.1 mi | Booking |
Peace at the River - Cozy Outdoor Spaces + More! House | 3 bd · 3 ba · sleeps 6 | $52,958 | $177 | 82% | 4.2★ (16) | 0.1 mi | AirbnbBooking |
Pigeon Forge Home w/ Screened Porch, 3 Mi to Town! House
| 3 bd · 2 ba · sleeps 7 | $25,207 | $230 | 30% | 4.7★ (37) | 0.1 mi | AirbnbVrboBooking |
Pigeon Forge Home w/ Deck & Hot Tub Near Town! House
| 3 bd · 3 ba · sleeps 6 | $27,698 | $195 | 39% | 4.7★ (31) | 0.1 mi | AirbnbVrboBooking |
Cozy Cottage with Fire Pit and Barbecue in Pigeon Forge, Tennessee House | 3 bd · 2 ba · sleeps 8 | $25,658 | $554 | 13% | — | 0.2 mi | Booking |
Cozy home near Pigeon Forge attractions. House
| 3 bd · 2 ba · sleeps 8 | $60,905 | $243 | 69% | 4.8★ (119) | 0.2 mi | AirbnbVrboBooking |
3BD 2BA 1MI to parkway | Hot Tub | Fire pit ! House
| 3 bd · 2 ba · sleeps 8 | $84,604 | $296 | 78% | 5★ (36) | 0.2 mi | AirbnbVrboBooking |
Riverfront house The Island, Dollywood, Titanic House
| 3 bd · 3 ba · sleeps 8 | $58,161 | $253 | 63% | 5★ (338) | 0.2 mi | AirbnbVrboBooking |
Izzy’s Getaway: River Access in Pigeon Forge! House | 3 bd · 3 ba · sleeps 10 | $47,969 | $293 | 45% | 4.7★ (24) | 0.2 mi | AirbnbBooking |
Sparkling Waters Chalet | 3 bd · 2 ba · sleeps 6 | $29,290 | $168 | 48% | 5★ (1) | 0.2 mi | Booking |
Cottage, Hot Tub, Deck, Fire Pit, BBQ, Dollywood House
| 3 bd · 2 ba · sleeps 8 | $55,557 | $280 | 54% | 4.9★ (123) | 0.2 mi | AirbnbVrboBooking |
1/2 Mi. From Parkway, 10 Min to Dollywood, 5 min to Ripken, 18 Min To Gatlinburg Chalet
| 3 bd · 3 ba · sleeps 10 | $43,572 | $240 | 50% | 4.9★ (342) | 0.2 mi | Vrbo |
Prime PF Location- no steep Rds-DollyWood- Island House
| 3 bd · 3 ba · sleeps 7 | $46,651 | $209 | 61% | 5★ (276) | 0.2 mi | Airbnb |
Family Getaway- Hot Tub | Game Room | Pet Friendly House | 3 bd · 3 ba · sleeps 10 | $33,170 | $247 | 37% | 4.8★ (5) | 0.3 mi | Airbnb |
Quiet & Relaxing! Great Location! Game Room! House
| 3 bd · 2 ba · sleeps 8 | $31,859 | $191 | 46% | 5★ (124) | 0.3 mi | AirbnbVrbo |
Eagle's Nest near Parkway w/Games, HotTub& Sunroom House
| 3 bd · 3 ba · sleeps 8 | $44,719 | $254 | 48% | 4.7★ (25) | 0.3 mi | AirbnbVrbo |
Car Show Property with Garage! Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $40,772 | $283 | 39% | 4.8★ (4) | 0.3 mi | AirbnbVrbo |
Family Fun. River Access. Near Dollywood & Ripken. House
| 3 bd · 3 ba · sleeps 6 | $29,740 | $248 | 33% | 5★ (24) | 0.3 mi | Airbnb |
Riverfront Pigeon Forge Condo w/ Pool Access Condominium (condo)
| 3 bd · 2 ba · sleeps 6 | $43,351 | $213 | 56% | 5★ (35) | 0.5 mi | AirbnbVrbo |
Mountain View 1306 is a luxurious three-bedroom condo in the Mountains Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $58,384 | $344 | 46% | — | 0.5 mi | Vrbo |
Vacation Destination: Where Your Getaway Begins Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $48,313 | $284 | 47% | 4★ (30) | 0.5 mi | AirbnbVrbo |
Mountain View Condo 1306 Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $28,772 | $256 | 31% | — | 0.5 mi | AirbnbBooking |
Spacious 3BDR Pigeon Forge Condo w/ 2 Pools Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $52,680 | $221 | 65% | 4.9★ (144) | 0.5 mi | AirbnbVrbo |
River/Mtn Views- Pool-Gym-Gamerm @ Appleview Condo Apartment
| 3 bd · 3 ba · sleeps 8 | $7,032 | $251 | 8% | 4.7★ (3) | 0.5 mi | Airbnb |
Peaceful River/ Mountain Views/ Dollywood/ Pigeon Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $41,621 | $272 | 42% | 5★ (141) | 0.5 mi | AirbnbVrbo |
Spacious 3 Bd 2 Ba Condo On The Parkway Condominium (condo)
| 3 bd · 2 ba · sleeps 6 | $52,038 | $378 | 38% | 5★ (200) | 0.6 mi | AirbnbVrbo |
Riverfront Condo W/ Balcony, Fishing, Fireplace Condominium (condo)
| 3 bd · 2 ba · sleeps 6 | $37,888 | $226 | 46% | 4.7★ (64) | 0.6 mi | AirbnbVrboBooking |
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
Est. revenue
$43,737
NOI
$22,689
Cash flow /mo
$1,891
Cash needed
$486,460
Cash-on-cash (all cash)
4.7%
ROE (yr 1)
7.4%
Cap rate
5.1%
DSCR
—
Year-1 write-off
$85,010
Year-1 tax shield @ 32%
$27,203
Year-1 return on equity
- Cash flow (annual)$22,689
- Principal paydown (n/a, cash)$0
- Appreciation at%$13,470
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)$8,747
- Platform fees (3% of revenue)$1,312
- Maintenance / capex (5% of revenue)$2,187
- Utilities & supplies$4,200
- HOA$780
- Property tax$1,128
- Insurance (STR-rated)$2,694
Cash needed to close
- Purchase price (all cash)$449,000
- Closing costs (4.0%)$17,960
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$27,203
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
$384,000
Short-life (5/15-yr)
$65,000 · 17%
Year-1 deduction
$85,000
Year-1 tax shield @ 32%
$27,000
Land 15% (county tax record, market value split) · building $318,000 over 39 years · new furniture $20,000
Based on: 1,756 sq ft, built 2002, 3 bd / 3 ba, unfurnished, listing features (fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $64,000 in year 1 (12% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $8,300
Kitchen cabinetsdefault
$9,600 new × 40% good × 2.15 allocation
- $6,800
Kitchen countertopsdefault
$7,900 new × 40% good × 2.15 allocation
- $2,600
Decorative trimdefault
$3,100 new × 40% good × 2.15 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.15 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 2.15 allocation
- $3,900
Window coverings (18)default
$4,500 new × 40% good × 2.15 allocation
- $8,400
Kitchen & laundry equipment plumbingdefault
$7,500 new × 52% good × 2.15 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$4,500 new × 52% good × 2.15 allocation
- $6,600
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.15 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $9,300
Paving: driveway & walks (paved)default
$8,700 new × 50% good × 2.15 allocation
- $9,000
Landscaping (typical)default
$8,400 new × 50% good × 2.15 allocation
- $1,900
Patiosdefault
$1,700 new × 50% good × 2.15 allocation
- $1,900
Decks & porches (attached)default
$1,700 new × 50% good × 2.15 allocation
- $245,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$190,200 new × 60% good × 2.15 allocation
- $22,100
Building plumbing & fixturesdefault
$19,700 new × 52% good × 2.15 allocation
- $21,800
Building electrical & lightingdefault
$19,500 new × 52% good × 2.15 allocation
- $17,000
HVACdefault
$19,800 new × 40% good × 2.15 allocation
- $9,700
Hardwood & tile floorsdefault
$11,300 new × 40% good × 2.15 allocation
- $2,300
Fireplacelisting
$2,600 new × 40% good × 2.15 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $62,600 | $22,100 | $300 | $85,000 |
| 2 | $0 | $0 | $8,200 | $8,200 |
| 3 | $0 | $0 | $8,200 | $8,200 |
| 4 | $0 | $0 | $8,200 | $8,200 |
| 5 | $0 | $0 | $8,200 | $8,200 |
| 6+ | $0 | $0 | $285,400 | $285,400 |
| Total | $62,600 | $22,100 | $318,300 | $403,000 |
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.