403 Baskins Creek Rd Unit 401
Gatlinburg, TN 37738
$499,900
3 bd · 3 ba · 1,332 sqft · Listed 1d ago
View on Realtor.com →Year built
2022
Sqft
1,332
Lot sqft
68,389
HOA / mo
$250
Furnished
No
List date
2026-10-07T15:11:42.000000Z
Revenue
Annual revenue
$54,641
ADR
$236
Occupancy
63%
Cleaning fees (12 mo)
$8,675
Confidence
Med (65.32), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $50,983
Bearfoot Lodge Gatlinburg Condo, Free Parking, & only a 12 mile from Ripley's Aquarium
Vacation home · 3 bd · 2 ba · sleeps 6 · 69 ft
Revenue $16,852ADR $167Occ ≈ 28%4★ (1)
Downtown Gatlinburg ~ 5 Star Prime Location ~ Walk Everywhere ~Locally Operated~
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 121 ft
Revenue $75,542ADR $275Occ ≈ 75%4.8★ (475)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
GV 503 3BR Townhouse Short Walk to Downtown Townhouse | 3 bd · 3 ba · sleeps 8 | $40,500 | $209 | 53% | 4.4★ (134) | 56 ft | AirbnbVrbo |
Walkable Dtwn Gatlinburg Townhome w/ Pool Access! Townhouse | 3 bd · 3 ba · sleeps 8 | $69,802 | $267 | 72% | 4.5★ (226) | 56 ft | AirbnbVrboBooking |
Downtown Gatlinburg~Hot Tub~Walk Strip in minutes Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $55,137 | $234 | 65% | 4.7★ (99) | 62 ft | AirbnbVrboBooking |
Top Floor New 3Bed 3Bath 10 min walk to Downtown Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $44,572 | $210 | 58% | 4.7★ (72) | 62 ft | AirbnbVrbo |
3 Bed 3 Bath Walk to Gburg Strip Apartment | 3 bd · 3 ba · sleeps 8 | $32,318 | $207 | 43% | 3.9★ (70) | 69 ft | AirbnbVrbo |
Bearfoot Lodge Gatlinburg Condo, Free Parking, & only a 12 mile from Ripley's Aquarium Vacation home | 3 bd · 2 ba · sleeps 6 | $16,852 | $167 | 28% | 4★ (1) | 69 ft | Booking |
The Gatlinburg Overlook | Mountain & Downtown View Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $35,140 | $288 | 33% | 3.5★ (4) | 85 ft | AirbnbVrboBooking |
Downtown Gatlinburg ~ 5 Star Prime Location ~ Walk Everywhere ~Locally Operated~ Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $75,542 | $275 | 75% | 4.8★ (475) | 121 ft | Vrbo |
5* Luxury 3BR/3BA~Slps 8~800 Steps to The Village Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $78,162 | $283 | 76% | 5★ (215) | 135 ft | AirbnbVrboBooking |
Downtown Gatlinburg~7 Minute Walk to Anakeesta Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $65,802 | $260 | 69% | 4.9★ (435) | 135 ft | AirbnbVrbo |
Show 39 more
Downtown GatlinburgWalk to Strip3 Bedroom3BathroomPoolMinutes to Anakeesta at Traffic Light #6
Vacation home · 3 bd · 3 ba · sleeps 6 · 197 ft
Revenue $42,408ADR $225Occ ≈ 52%—
5 Star LUXURY 3BR3BATH Downtown Gatlinburg WALK EVERYWHERE Sleeps 6
Vacation home · 3 bd · 3 ba · sleeps 6 · 197 ft
Revenue $44,222ADR $229Occ ≈ 53%—
Downtown Gatlinburg3Bdrm3BathWalk to center of town in Minutes
Vacation home · 3 bd · 3 ba · sleeps 6 · 203 ft
Revenue $56,640ADR $227Occ ≈ 68%5★ (2)
Downtown Gatlinburg Prime location walk everywhere in Gatlinburg3Bed3Bath Sleeps 8
Vacation home · 3 bd · 3 ba · sleeps 8 · 203 ft
Revenue $75,940ADR $269Occ ≈ 77%4★ (1)
Walk to downtown Gatlinburg! 3 Bedrooms
Townhouse · 3 bd · 3 ba · sleeps 6 · 276 ft
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $56,957ADR $203Occ ≈ 77%4.8★ (232)
Hearthstone 504-Close to D/town Gatlinburg w/Pool
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 325 ft
Revenue $56,277ADR $206Occ ≈ 75%5★ (45)
Baskins Creek 509
Vacation home · 3 bd · 3 ba · sleeps 8 · 479 ft
Revenue $43,846ADR $271Occ ≈ 44%—
Baskins Creek 510
Vacation home · 3 bd · 3 ba · sleeps 8 · 479 ft
Revenue $44,207ADR $286Occ ≈ 42%—
Inviting 3BR Condo w/ Free Attraction Tickets
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.1 mi
Revenue $33,706ADR $329Occ ≈ 28%4.7★ (148)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Downtown Gatlinburg~ Elegant~ Minutes to Downtown Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $71,211 | $272 | 72% | 5★ (192) | 135 ft | AirbnbVrbo |
Downtown Gatlinburg~ Walking Distance to Strip Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $70,441 | $267 | 72% | 4.9★ (159) | 135 ft | AirbnbVrbo |
Downtown Gatlinburg 3Bed/3Bath~Walk to town 7- min Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $67,646 | $260 | 71% | 4.8★ (113) | 135 ft | AirbnbVrbo |
Downtown Gatlinburg~Minutes Walk to Downtown~ Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $73,832 | $283 | 71% | 4.9★ (385) | 135 ft | AirbnbVrbo |
Southern Comfort! 5 Minute Walk to Strip + POOL! Townhouse | 3 bd · 3 ba · sleeps 8 | $52,417 | $308 | 47% | 4.8★ (176) | 135 ft | AirbnbVrboBooking |
Downtown Gatlinburg~Minutes walk to Downtown3Bd/Ba Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $79,563 | $274 | 80% | 5★ (212) | 135 ft | AirbnbVrbo |
Location! Location! Location! Downtown Gatlinburg Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $60,284 | $279 | 59% | 4.8★ (355) | 177 ft | AirbnbVrbo |
Baskins Creek 509 | Walk to Downtown Gatlinburg Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $43,041 | $298 | 40% | 4.9★ (10) | 177 ft | AirbnbVrbo |
Downtown Gatlinburg Condo w/ Mountain-View Balcony Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $59,725 | $257 | 64% | 4.5★ (43) | 197 ft | AirbnbVrboBooking |
Downtown GatlinburgWalk to Strip3 Bedroom3BathroomPoolMinutes to Anakeesta at Traffic Light #6 Vacation home | 3 bd · 3 ba · sleeps 6 | $42,408 | $225 | 52% | — | 197 ft | Booking |
5 Star LUXURY 3BR3BATH Downtown Gatlinburg WALK EVERYWHERE Sleeps 6 Vacation home | 3 bd · 3 ba · sleeps 6 | $44,222 | $229 | 53% | — | 197 ft | Booking |
Downtown Gatlinburg3Bdrm3BathWalk to center of town in Minutes Vacation home | 3 bd · 3 ba · sleeps 6 | $56,640 | $227 | 68% | 5★ (2) | 203 ft | Booking |
Downtown Gatlinburg Prime location walk everywhere in Gatlinburg3Bed3Bath Sleeps 8 Vacation home | 3 bd · 3 ba · sleeps 8 | $75,940 | $269 | 77% | 4★ (1) | 203 ft | Booking |
Downtown Gatlinburg ~3 BD ~3 Bath ~Walk to Town Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $51,813 | $228 | 62% | 4.9★ (54) | 207 ft | AirbnbVrbo |
Downtown Gatlinburg~ 3Bed~3Bath~Walk to Strip Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $57,287 | $240 | 65% | 4.9★ (51) | 207 ft | AirbnbVrbo |
Downtown Gatlinburg 3Bd/3Ba~7 Minutes to Anakeesta Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $40,399 | $229 | 48% | 5★ (33) | 207 ft | AirbnbVrbo |
Mountain View | Walkable to Downtown Gatlinburg! Townhouse | 3 bd · 3 ba · sleeps 8 | $76,083 | $283 | 74% | 5★ (116) | 207 ft | AirbnbVrbo |
Downtown Walking Distance 3BR 2BA Condo with pool! Apartment | 3 bd · 2 ba · sleeps 8 | $8,943 | $203 | 12% | 4.7★ (8) | 233 ft | AirbnbVrbo |
Baskins Creek 511 - Smoky Mountain Views Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $41,404 | $288 | 39% | 5★ (10) | 240 ft | AirbnbVrboBooking |
New 3 bed 3 bath townhouse downtown Gatlinburg 407 Townhouse
| 3 bd · 3 ba · sleeps 6 | $51,045 | $335 | 42% | 5★ (165) | 253 ft | AirbnbVrbo |
Walk to downtown Gatlinburg! 3 Bedrooms Townhouse
| 3 bd · 3 ba · sleeps 6 | $56,957 | $203 | 77% | 4.8★ (232) | 276 ft | Airbnb |
4th floor, 3 ensuite, pool DWNT Walk to attraction Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $45,434 | $360 | 35% | 4.7★ (205) | 276 ft | AirbnbVrbo |
Basecamp Gatlinburg - Walk to all of Gatlinburg! Townhouse
| 3 bd · 3 ba · sleeps 8 | $70,862 | $282 | 69% | 5★ (166) | 285 ft | AirbnbVrbo |
Downtown 3BR Condo w/ Free Attraction Tickets Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $33,155 | $258 | 35% | 4.8★ (134) | 295 ft | AirbnbVrbo |
Hearthstone 504-Close to D/town Gatlinburg w/Pool Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $56,277 | $206 | 75% | 5★ (45) | 325 ft | Airbnb |
Beautiful Townhouse in Gatlinburg Townhouse
| 3 bd · 3 ba · sleeps 6 | $38,423 | $237 | 44% | 4.9★ (266) | 328 ft | AirbnbVrbo |
Condo Located in Gatlinburg! Private Balcony! Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $37,685 | $236 | 44% | 3.5★ (52) | 345 ft | AirbnbVrbo |
3rdfl,3 ensuite, wlk DWTN, K Bd master, pool, view Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $20,804 | $207 | 28% | 4.9★ (38) | 351 ft | AirbnbVrbo |
Fall in Gatlinburg | Pool + Dinner Show Tickets Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $31,256 | $195 | 44% | 4.1★ (44) | 387 ft | AirbnbVrbo |
Hibernation Station At Baskins Creek Gatlinburg Townhouse | 3 bd · 3 ba · sleeps 8 | $60,112 | $275 | 60% | 5★ (150) | 446 ft | AirbnbVrbo |
Homey Creekside Condo, Sleeps 8, Jetted Tub, Gym Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $48,225 | $456 | 29% | 3★ (1) | 453 ft | AirbnbVrboBooking |
Inviting Creekside Condo, Sleeps 8, Jetted Tub, Gy Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $40,739 | $379 | 29% | 5★ (3) | 453 ft | AirbnbVrboBooking |
In Town with a Spectacular View Condominium (condo)
| 3 bd · 3 ba · sleeps 6 | $50,983 | $228 | 61% | 4.7★ (363) | 466 ft | AirbnbVrbo |
Baskins Creek 509 Vacation home | 3 bd · 3 ba · sleeps 8 | $43,846 | $271 | 44% | — | 479 ft | Booking |
Baskins Creek 510 Vacation home | 3 bd · 3 ba · sleeps 8 | $44,207 | $286 | 42% | — | 479 ft | Booking |
Cozy Creekside Condo, Sleeps 8, Jetted Tub, Gym Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $49,106 | $454 | 30% | 5★ (1) | 479 ft | AirbnbVrboBooking |
6th fl, 3 ensuite bath, walk downtown, view, pool Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $27,785 | $194 | 39% | 4.8★ (187) | 0.1 mi | AirbnbVrbo |
Inviting 3BR Condo w/ Free Attraction Tickets Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $33,706 | $329 | 28% | 4.7★ (148) | 0.1 mi | Airbnb |
DJ's Station 2016 | Hot Tub + Fire Pit Cabin | 3 bd · 3 ba · sleeps 6 | $93,678 | $363 | 71% | 5★ (22) | 0.1 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 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$54,641
NOI
$27,363
Cash flow /mo
-$479
Cash needed
$164,471
Cash-on-cash
-3.5%
ROE (yr 1)
7.5%
Cap rate
5.5%
DSCR
0.83
Year-1 write-off
$95,035
Year-1 tax shield @ 32%
$30,411
Year-1 return on equity
- Cash flow (annual)-$5,744
- Principal paydown$3,113
- Appreciation at%$14,997
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)$10,928
- Platform fees (3% of revenue)$1,639
- Maintenance / capex (5% of revenue)$2,732
- Utilities & supplies$4,200
- HOA$3,000
- Property tax$1,779
- Insurance (STR-rated)$2,999
Cash needed to close
- Down payment (25%)$124,975
- Closing costs (4.0%)$19,996
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$30,411
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
$410,000
Short-life (5/15-yr)
$75,000 · 18%
Year-1 deduction
$95,000
Year-1 tax shield @ 32%
$30,000
Land 18% (county tax record, market value split) · building $334,000 over 39 years · new furniture $20,000
Based on: 1,332 sq ft, built 2022, 3 bd / 3 ba, unfurnished, listing features (pool, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $63,000 in year 1 (11% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $14,000
Kitchen cabinetsdefault
$8,700 new × 84% good × 1.91 allocation
- $11,400
Kitchen countertopsdefault
$7,100 new × 84% good × 1.91 allocation
- $3,700
Decorative trimdefault
$2,300 new × 84% good × 1.91 allocation
- $600
Mirrorsdefault
$500 new × 67% good × 1.91 allocation
- $1,900
Shelvingdefault
$1,200 new × 84% good × 1.91 allocation
- $3,700
Window coverings (13)default
$3,300 new × 60% good × 1.91 allocation
- $10,900
Carpet, vinyl & laminate (100% of floors)listing
$8,600 new × 67% good × 1.91 allocation
- $11,900
Kitchen & laundry equipment plumbingdefault
$6,800 new × 92% good × 1.91 allocation
- $7,200
Kitchen, laundry & data equipment electricaldefault
$4,100 new × 92% good × 1.91 allocation
- $9,800
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 67% good × 1.91 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $256,300
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$143,900 new × 93% good × 1.91 allocation
- $26,200
Building plumbing & fixturesdefault
$14,900 new × 92% good × 1.91 allocation
- $24,900
Building electrical & lightingdefault
$14,200 new × 92% good × 1.91 allocation
- $22,900
HVACdefault
$15,000 new × 80% good × 1.91 allocation
- $4,200
Fireplacelisting
$2,600 new × 84% good × 1.91 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $94,700 | $0 | $400 | $95,000 |
| 2 | $0 | $0 | $8,600 | $8,600 |
| 3 | $0 | $0 | $8,600 | $8,600 |
| 4 | $0 | $0 | $8,600 | $8,600 |
| 5 | $0 | $0 | $8,600 | $8,600 |
| 6+ | $0 | $0 | $299,800 | $299,800 |
| Total | $94,700 | $0 | $334,500 | $429,200 |
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.