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407 Montview Way

407 Montview Way

Gatlinburg, TN 37738

$510,000

2 bd · 2 ba · 936 sqft · Listed 1d ago

View on Realtor.com →
Est. land %

Year built

1997

Sqft

936

Lot sqft

436

HOA / mo

$0

Furnished

No

List date

2026-11-02T16:00:40.000000Z

Revenue

Annual revenue

$50,676

ADR

$222

Occupancy

63%

Cleaning fees (12 mo)

$9,447

Confidence

Med (58.56), 49 comps

Comp revenue range (p25 / median / p75)

$34,790$45,844$60,237

Median revenue of shown comps: $50,971

  • Luxury Gatlinburg cabin/hot-tub/3 miles downtown

    Cabin · 2 bd · 2 ba · sleeps 6 · 141 ft

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

    Revenue $66,316ADR $210Occ ≈ 87%4.9★ (333)

    AirbnbVrbo

  • Book for fall now! Enjoy our hot tub and deck!

    Cabin · 2 bd · 2 ba · sleeps 6 · 148 ft

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

    Revenue $51,220ADR $236Occ ≈ 59%4.9★ (168)

    AirbnbVrbo

  • Free Dollywood Tix/Pool/Arcade/HotTub/A+Location

    Cabin · 2 bd · 2 ba · sleeps 7 · 157 ft

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

    Revenue $60,945ADR $225Occ ≈ 74%4.9★ (91)

    AirbnbVrbo

  • Updated+Affordable~Great Reviews! Hot Tub Arcade

    Cabin · 2 bd · 2 ba · sleeps 6 · 180 ft

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

    Revenue $54,995ADR $254Occ ≈ 59%5★ (211)

    AirbnbVrbo

  • Romantic Escapes in Tennessee in this Lovely Cabin with Hot Tub in Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 7 · 187 ft

    Revenue $18,099ADR $448Occ ≈ 11%—

    Booking

  • Hot Tub, Sauna, Pool Table, Free Dollywood, Spa

    Cabin · 2 bd · 2 ba · sleeps 7 · 187 ft

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

    Revenue $36,651ADR $240Occ ≈ 42%5★ (9)

    AirbnbVrboBooking

  • Bearfoot Landing - Rustic 2 Br Cabin with Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 7 · 187 ft

    Revenue $60,237ADR $280Occ ≈ 59%5★ (8)

    AirbnbBooking

  • Let's play pool, Walk to the pool, Free Dollywood

    Cabin · 2 bd · 2 ba · sleeps 7 · 187 ft

    Revenue $15,372ADR $200Occ ≈ 21%5★ (2)

    Delisted

  • Classic Family Cabin w/Relaxing Covered Porches

    Cabin · 2 bd · 2 ba · sleeps 6 · 190 ft

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

    Revenue $58,520ADR $222Occ ≈ 72%5★ (185)

    AirbnbVrbo

  • 2 Bdrm Cabin Hot Tub Pool Table WiFi Roku Fireplac

    Cabin · 2 bd · 1 ba · sleeps 6 · 236 ft

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

    Revenue $34,645ADR $178Occ ≈ 53%4.8★ (286)

    Airbnb

Show 37 more
  • NEW LISTING! 23 The Cub House - 2 Bedrooms, 2 Baths, Sleeps 4

    Cabin · 2 bd · 2 ba · sleeps 4 · 285 ft

    Revenue $18,365ADR $164Occ ≈ 31%3.9★ (5)

    Booking

  • Wraparound Porch & Jacuzzi: Gatlinburg Cabin!

    Cabin · 2 bd · 2 ba · sleeps 6 · 295 ft

    Revenue $53,131ADR $270Occ ≈ 54%5★ (183)

    AirbnbBooking

  • Free Tickets! 2 bd/2bth,by pool,HT, Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 7 · 312 ft

    Revenue $66,015ADR $290Occ ≈ 62%4.8★ (14)

    Booking

  • GBurg log cabin- hot tub, dog friendly!

    Cabin · 2 bd · 2 ba · sleeps 6 · 348 ft

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

    Revenue $59,002ADR $325Occ ≈ 50%4.5★ (17)

    AirbnbVrbo

  • New! Misty Mountain Getaway - 2 Bedroom

    Cabin · 2 bd · 2 ba · sleeps 4 · 417 ft

    Revenue $40,371ADR $311Occ ≈ 36%—

    Delisted

  • Gatlinburg | Dog Friendly | Easy Access

    Cabin · 2 bd · 2 ba · sleeps 8 · 420 ft

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

    Revenue $45,374ADR $263Occ ≈ 47%4.5★ (14)

    AirbnbVrbo

  • Gorgeous 2/2 in Gatlinburg w/Free Tickts to Dollywood,Anakeesta,Aquarium,Zipline

    Cabin · 2 bd · 2 ba · sleeps 6 · 427 ft

    Revenue $13,873ADR $177Occ ≈ 21%4.5★ (2)

    Delisted

  • Fantastic Log Cabin with Barbecue and Hot-tub in Gatlinburg, Tennessee

    Cabin · 2 bd · 2 ba · sleeps 6 · 427 ft

    Revenue $11,696ADR $381Occ ≈ 8%—

    Booking

  • Free Tickets,Sauna,Cold Plunge,Gatlinburg, 1 level

    Cabin · 2 bd · 2 ba · sleeps 6 · 440 ft

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

    Revenue $35,869ADR $251Occ ≈ 39%5★ (22)

    AirbnbBooking

  • Gatlinburg Cabin: Sleeps 6; Mountain Views; HotTub

    Cabin · 2 bd · 2 ba · sleeps 6 · 489 ft

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

    Revenue $37,742ADR $220Occ ≈ 47%4.5★ (32)

    AirbnbVrboBooking

  • Hot Tub, Spacious, Location, Easy Roads!

    Cabin · 2 bd · 2 ba · sleeps 6 · 518 ft

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

    Revenue $67,261ADR $221Occ ≈ 83%5★ (321)

    AirbnbVrbo

  • Treehouse Retreat | Hot Tub| Pool ~3 Miles to Pkwy

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi

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

    Revenue $39,302ADR $219Occ ≈ 49%5★ (45)

    Airbnb

  • 2 Bdrm Cabin Hot Tub Shuffle Bd Fireplac WiFi Roku

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

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

    Revenue $35,434ADR $198Occ ≈ 49%4.9★ (299)

    Airbnb

  • Misty Mountain View - 2 Bedroom

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $57,448ADR $364Occ ≈ 43%—

    AirbnbBooking

  • Cozy cabin, perfect for a honeymoon or an adventure-filled family getaway!

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.1 mi

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

    Revenue $54,131ADR $229Occ ≈ 65%5★ (201)

    Vrbo

  • Hot Tub & Arcade | Near Dtwn & Rocky Top Sport

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

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

    Revenue $26,183ADR $191Occ ≈ 38%5★ (62)

    AirbnbVrboBooking

  • Cubs In the Treetops Log Cabin

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $52,393ADR $276Occ ≈ 52%4.4★ (5)

    AirbnbVrboBooking

  • Free tickts,new 2 BD,hot tub,Gatlinburg, views!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $62,273ADR $213Occ ≈ 80%5★ (14)

    Delisted

  • Near Downtown Gatlinburg/Beautiful Views/Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $71,242ADR $238Occ ≈ 82%4.8★ (375)

    AirbnbVrbo

  • Awesome Mountain Views/Near Downtown Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $66,000ADR $236Occ ≈ 77%4.8★ (378)

    AirbnbVrbo

  • Mountain Views | Hot Tub + Comm Pool | Near Dwntwn

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $57,068ADR $224Occ ≈ 70%4.8★ (60)

    AirbnbVrbo

  • 2 bed,pets,Pooltable,Freetx2Dollywood,Anakeesta,GB

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $51,091ADR $326Occ ≈ 43%—

    Airbnb

  • Gorgeous Mountain Views/Near Downtown Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $61,330ADR $233Occ ≈ 72%4.8★ (394)

    AirbnbVrbo

  • 210 Cubs in the Treetops - 2 Bedrooms, 2 Baths, Sleeps 6

    House · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $38,964ADR $215Occ ≈ 50%4.7★ (13)

    Booking

  • Precious View by American Patriot Getaways

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $68,218ADR $282Occ ≈ 66%—

    Booking

  • Tranquil View by American Patriot Getaways

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $60,500ADR $270Occ ≈ 61%—

    Booking

  • 2/2 FreetiktstoAnakeesta,Dollywd,GMROOM-Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $33,879ADR $202Occ ≈ 46%—

    Booking

  • Sleeps 4, Gatlinburg Cabin with Hot Tub, 2 Scenic

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

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

    Revenue $34,790ADR $248Occ ≈ 38%4.8★ (29)

    AirbnbVrboBooking

  • 2/2 by Pool,Hot Tub, Pool Table, Free Tickets. GB

    Cabin · 2 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $39,457ADR $486Occ ≈ 22%5★ (1)

    Delisted

  • Quaint Smoky Mountain Cabin - 4 Mi to Gatlinburg!

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    • A/C
    • Pets OK
    • Wifi
    • Kitchen
    • +2

    Revenue $36,867ADR $196Occ ≈ 52%5★ (200)

    AirbnbVrboBooking

  • *New Cabin*| Indoor Swim Spa | Hot Tub | Game Room

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.3 mi

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

    Revenue $8,455ADR $318Occ ≈ 7%5★ (7)

    AirbnbVrbo

  • BEAUTIFUL Cabin,perfectly located close to TOWN and NATURE! HOT TUB, DECKS, More

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

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

    Revenue $69,957ADR $235Occ ≈ 82%5★ (70)

    Vrbo

  • Black Bear Retreat 2 Beds!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $45,844ADR $341Occ ≈ 37%—

    Booking

  • Gburg Cabin | Sleeps 4 | Free Anakeesta Ticket

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

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

    Revenue $39,153ADR $257Occ ≈ 42%4.9★ (37)

    AirbnbVrboBooking

  • 2 BR w/ King Beds, Arcade Game, Pool Table, Luxury

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

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

    Revenue $50,971ADR $274Occ ≈ 51%4.8★ (40)

    AirbnbVrboBooking

  • Treehouse Xlarge deck 8 mins to downtown!

    Treehouse · 2 bd · 2 ba · sleeps 6 · 0.3 mi

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

    Revenue $97,819ADR $341Occ ≈ 79%5★ (117)

    Airbnb

  • 2/2 Gorgeous! Freetickets2Dolly, Anakees, Aquar, Gatlin

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    Revenue $20,452ADR $253Occ ≈ 22%—

    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

$50,676

NOI

$27,698

Cash flow /mo

$2,308

Cash needed

$546,400

Cash-on-cash (all cash)

5.1%

ROE (yr 1)

7.9%

Cap rate

5.4%

DSCR

—

Year-1 write-off

$119,558

Year-1 tax shield @ 32%

$38,259

Year-1 return on equity

  • Cash flow (annual)$27,698
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$15,300
ROE7.9%

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)$10,135
  • Platform fees (3% of revenue)$1,520
  • Maintenance / capex (5% of revenue)$2,534
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,529
  • Insurance (STR-rated)$3,060

Cash needed to close

  • Purchase price (all cash)$510,000
  • Closing costs (4.0%)$20,400
  • Furnishing (bought new)$16,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$38,259

No county tax record split for property tax, insurance rate and the land/building split, so those use market defaults — edit the price above; 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

$434,000

Short-life (5/15-yr)

$103,000 · 24%

Year-1 deduction

$120,000

Year-1 tax shield @ 32%

$38,000

Land 15% (market default, no usable tax-record split) · building $330,000 over 39 years · new furniture $16,000

Based on: 936 sq ft, built 1997, 2 bd / 2 ba, unfurnished, listing features (fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $84,000 in year 1 (16% short-life, $27,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$84,600
  • Kitchen cabinetsdefault

    $7,900 new × 40% good × 4.85 allocation

    $15,200
  • Kitchen countertopsdefault

    $6,400 new × 40% good × 4.85 allocation

    $12,500
  • Decorative trimdefault

    $1,600 new × 40% good × 4.85 allocation

    $3,200
  • Mirrorsdefault

    $300 new × 40% good × 4.85 allocation

    $600
  • Shelvingdefault

    $900 new × 40% good × 4.85 allocation

    $1,700
  • Window coverings (9)default

    $2,300 new × 40% good × 4.85 allocation

    $4,400
  • Kitchen & laundry equipment plumbingdefault

    $6,100 new × 42% good × 4.85 allocation

    $12,400
  • Kitchen, laundry & data equipment electricaldefault

    $3,700 new × 42% good × 4.85 allocation

    $7,500
  • Appliances (range, microwave, dishwasher, refrigerator)listing

    $5,700 new × 40% good × 4.85 allocation

    $11,100
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$34,600
  • Paving: driveway & walks (paved)default

    $6,300 new × 50% good × 4.85 allocation

    $15,400
  • Landscaping (typical)default

    $6,100 new × 50% good × 4.85 allocation

    $14,800
  • Patiosdefault

    $900 new × 50% good × 4.85 allocation

    $2,200
  • Decks & porches (attached)default

    $900 new × 50% good × 4.85 allocation

    $2,200
Building, 39-year$330,300
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $101,100 new × 52% good × 4.85 allocation

    $253,200
  • Building plumbing & fixturesdefault

    $10,500 new × 42% good × 4.85 allocation

    $21,300
  • Building electrical & lightingdefault

    $9,100 new × 42% good × 4.85 allocation

    $18,600
  • HVACdefault

    $10,500 new × 40% good × 4.85 allocation

    $20,400
  • Hardwood & tile floorsdefault

    $6,000 new × 40% good × 4.85 allocation

    $11,700
  • Fireplacelisting

    $2,600 new × 40% good × 4.85 allocation

    $5,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$84,600$34,600$400$119,600
2$0$0$8,500$8,500
3$0$0$8,500$8,500
4$0$0$8,500$8,500
5$0$0$8,500$8,500
6+$0$0$296,100$296,100
Total$84,600$34,600$330,300$449,500

The building's share of the price ($434,000) is 4.8x our depreciated replacement cost of the home ($89,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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.