1645 Majestic Oak Way
Sevierville, TN 37876
$789,000
3 bd · 3 ba · 2,380 sqft · Listed 1d ago
View on Realtor.com →Year built
2006
Sqft
2,380
Lot sqft
63,598
HOA / mo
$25
Furnished
No
List date
2026-10-13T19:23:25.000000Z
Revenue
Annual revenue
$47,487
ADR
$271
Occupancy
48%
Cleaning fees (12 mo)
$9,163
Confidence
Med (63.67), 27 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $52,251
Luxury Cabin Located Between Pigeon Forge and Gatlinburg!!!
Cabin · 3 bd · 2.5 ba · sleeps 7 · 190 ft
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $43,081ADR $231Occ ≈ 51%5★ (245)
Non-Smoking 3BD w/ Hot Tub! Pool Table + Near TOWN
Cabin · 3 bd · 3 ba · sleeps 7 · 338 ft
Revenue $65,954ADR $238Occ ≈ 76%5★ (44)
Moonrise Cabin- Hot Tub, Arcade, 560 FREE tickets each paid day!!!
Chalet · 3 bd · 2 ba · sleeps 7 · 0.2 mi
Revenue $51,506ADR $232Occ ≈ 61%—
Quiet, Forest View! Close to everything, 3 King BR
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi
Revenue $59,468ADR $417Occ ≈ 39%5★ (108)
BlckBrryHill: HotTub*Wifi*Yard*Games* Secluded
Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $63,498ADR $353Occ ≈ 49%4.5★ (19)
Cloud 9 by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $58,437ADR $246Occ ≈ 65%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Majestic Oak Lodge - Luxury 5 Star Mountain Cabin Cabin
| 3 bd · 3 ba · sleeps 6 | $35,152 | $313 | 31% | 4.3★ (28) | 39 ft | AirbnbVrbo |
Luxury Cabin Located Between Pigeon Forge and Gatlinburg!!! Cabin
| 3 bd · 2.5 ba · sleeps 7 | $43,081 | $231 | 51% | 5★ (245) | 190 ft | Vrbo |
Non-Smoking 3BD w/ Hot Tub! Pool Table + Near TOWN Cabin | 3 bd · 3 ba · sleeps 7 | $65,954 | $238 | 76% | 5★ (44) | 338 ft | Airbnb |
"Sassy Lady" 3 Bedroom Cabin House
| 3 bd · 2 ba · sleeps 8 | $17,089 | $341 | 14% | — | 0.1 mi | AirbnbVrbo |
Cozy Sevierville Cabin with Hot Tub and Pool Table Cabin
| 3 bd · 2 ba · sleeps 8 | $41,132 | $268 | 42% | 4.5★ (23) | 0.2 mi | AirbnbVrboBooking |
Moonrise Cabin- Hot Tub, Arcade, 560 FREE tickets each paid day!!! Chalet | 3 bd · 2 ba · sleeps 7 | $51,506 | $232 | 61% | — | 0.2 mi | Booking |
Quiet, Forest View! Close to everything, 3 King BR Cabin | 3 bd · 2.5 ba · sleeps 8 | $59,468 | $417 | 39% | 5★ (108) | 0.2 mi | Airbnb |
BlckBrryHill: HotTub*Wifi*Yard*Games* Secluded Cabin | 3 bd · 2 ba · sleeps 8 | $63,498 | $353 | 49% | 4.5★ (19) | 0.2 mi | Airbnb |
Secluded Cabin - Hot Tub, Wi-Fi, Arcade, King BRs Cabin
| 3 bd · 2.5 ba · sleeps 8 | $97,691 | $356 | 75% | 5★ (49) | 0.2 mi | AirbnbVrboBooking |
Cloud 9 by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 6 | $58,437 | $246 | 65% | — | 0.3 mi | Booking |
Show 11 more
Amazing views in private nature reserve
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $42,624ADR $183Occ ≈ 64%5★ (273)
Star: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose!
House · 3 bd · 2 ba · sleeps 8 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $53,194ADR $248Occ ≈ 59%4.8★ (29)
Ever: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose!
Cabin · 3 bd · 2 ba · sleeps 8 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $67,004ADR $239Occ ≈ 77%4.8★ (80)
Sleeps 8, Cozy Cabin, Spacious Outdoor, View
Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $65,698ADR $424Occ ≈ 42%4.8★ (16)
Dreamers Cabin with Hot Tub and Oversized Deck
Cabin · 3 bd · 2 ba · sleeps 10 · 0.7 mi
Revenue $11,658ADR $454Occ ≈ 7%4.7★ (30)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Magical Log Cabin w/ Tub + Games Cabin
| 3 bd · 2.5 ba · sleeps 8 | $62,205 | $287 | 59% | 5★ (100) | 0.3 mi | AirbnbVrbo |
The Escape Cabin
| 3 bd · 3 ba · sleeps 10 | $52,251 | $267 | 54% | 4.8★ (266) | 0.4 mi | AirbnbVrbo |
Beautiful 3BD Cabin Near TOWN! Hot Tub + Fire Pit! Cabin
| 3 bd · 2 ba · sleeps 10 | $57,857 | $244 | 65% | 4.8★ (62) | 0.5 mi | AirbnbVrbo |
20min to Dollywood-peaceful 3BD home/ private area House
| 3 bd · 2 ba · sleeps 8 | $37,669 | $212 | 49% | 4.9★ (49) | 0.5 mi | AirbnbVrbo |
Amazing views in private nature reserve House | 3 bd · 2 ba · sleeps 6 | $42,624 | $183 | 64% | 5★ (273) | 0.6 mi | Airbnb |
Star: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose! House
| 3 bd · 2 ba · sleeps 8 | $53,194 | $248 | 59% | 4.8★ (29) | 0.6 mi | Airbnb |
Ever: King|HotTub|LgDeck|Kit|Wash+Dry|PF+GatClose! Cabin
| 3 bd · 2 ba · sleeps 8 | $67,004 | $239 | 77% | 4.8★ (80) | 0.6 mi | Airbnb |
The Woodshop Cabin on The Hills Cabin
| 3 bd · 2 ba · sleeps 10 | $39,219 | $328 | 33% | 5★ (19) | 0.7 mi | AirbnbVrbo |
Sleeps 8, Cozy Cabin, Spacious Outdoor, View Cabin | 3 bd · 2 ba · sleeps 8 | $65,698 | $424 | 42% | 4.8★ (16) | 0.7 mi | Booking |
Dreamers Cabin with Hot Tub and Oversized Deck Cabin | 3 bd · 2 ba · sleeps 10 | $11,658 | $454 | 7% | 4.7★ (30) | 0.7 mi | Delisted |
Great Area Cabin | No Steep Mountain Roads Cabin
| 3 bd · 2 ba · sleeps 8 | $39,040 | $253 | 42% | 4.8★ (5) | 0.8 mi | AirbnbVrbo |
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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$47,487
NOI
$21,842
Cash flow /mo
-$2,584
Cash needed
$254,310
Cash-on-cash
-12.2%
ROE (yr 1)
-1.0%
Cap rate
2.8%
DSCR
0.41
Year-1 write-off
$152,060
Year-1 tax shield @ 32%
$48,659
Year-1 return on equity
- Cash flow (annual)-$31,007
- Principal paydown$4,798
- Appreciation at%$23,670
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)$9,497
- Platform fees (3% of revenue)$1,425
- Maintenance / capex (5% of revenue)$2,374
- Utilities & supplies$4,200
- HOA$300
- Property tax$3,115
- Insurance (STR-rated)$4,734
Cash needed to close
- Down payment (25%)$197,250
- Closing costs (4.0%)$31,560
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$48,659
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
$706,000
Short-life (5/15-yr)
$126,000 · 18%
Year-1 deduction
$152,000
Year-1 tax shield @ 32%
$49,000
Land 11% (county tax record, market value split) · building $580,000 over 39 years · new furniture $26,000
Based on: 2,380 sq ft, built 2006, 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: $92,000 in year 1 (9% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,100
Kitchen cabinetsdefault
$11,000 new × 40% good × 2.52 allocation
- $9,100
Kitchen countertopsdefault
$9,000 new × 40% good × 2.52 allocation
- $4,200
Decorative trimdefault
$4,200 new × 40% good × 2.52 allocation
- $500
Mirrorsdefault
$500 new × 40% good × 2.52 allocation
- $1,200
Shelvingdefault
$1,200 new × 40% good × 2.52 allocation
- $6,100
Window coverings (24)default
$6,000 new × 40% good × 2.52 allocation
- $13,000
Kitchen & laundry equipment plumbingdefault
$8,600 new × 60% good × 2.52 allocation
- $7,800
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 60% good × 2.52 allocation
- $8,200
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 40% good × 2.52 allocation
- $9,100
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.52 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
- $12,800
Paving: driveway & walks (paved)default
$10,100 new × 50% good × 2.52 allocation
- $6,100
Landscaping (minimal)listing
$4,900 new × 50% good × 2.52 allocation
- $3,000
Patiosdefault
$2,300 new × 50% good × 2.52 allocation
- $33,800
Decks & porches (attached)listing
$26,800 new × 50% good × 2.52 allocation
- $434,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$258,400 new × 67% good × 2.52 allocation
- $40,600
Building plumbing & fixturesdefault
$26,800 new × 60% good × 2.52 allocation
- $41,600
Building electrical & lightingdefault
$27,400 new × 60% good × 2.52 allocation
- $27,100
HVACdefault
$26,800 new × 40% good × 2.52 allocation
- $15,500
Hardwood & tile floorsdefault
$15,300 new × 40% good × 2.52 allocation
- $5,300
Fireplaces (2)listing
$5,300 new × 40% good × 2.52 allocation
- $15,100
Septic systemlisting
$12,000 new × 50% good × 2.52 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $95,800 | $55,700 | $600 | $152,100 |
| 2 | $0 | $0 | $14,900 | $14,900 |
| 3 | $0 | $0 | $14,900 | $14,900 |
| 4 | $0 | $0 | $14,900 | $14,900 |
| 5 | $0 | $0 | $14,900 | $14,900 |
| 6+ | $0 | $0 | $520,000 | $520,000 |
| Total | $95,800 | $55,700 | $580,100 | $731,600 |
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.