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2634 Sawmill Branch Dr

2634 Sawmill Branch Dr

Sevierville, TN 37862

$849,000

3 bd · 3 ba · 2,740 sqft · Listed 1d ago

View on Realtor.com →

Year built

2006

Sqft

2,740

Lot sqft

41,382

HOA / mo

None

Furnished

No

List date

2026-10-22T14:32:24.000000Z

Revenue

Annual revenue

$70,509

ADR

$331

Occupancy

58%

Cleaning fees (12 mo)

$11,563

Confidence

Low (50.18), 48 comps

Comp revenue range (p25 / median / p75)

$43,264$60,239$87,639

Median revenue of shown comps: $60,236

  • Smoky Mtn Cabin. Hot tub, arcade & pool table!

    Cabin · 3 bd · 2 ba · sleeps 8 · 449 ft

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

    Revenue $58,798ADR $269Occ ≈ 60%5★ (256)

    AirbnbVrbo

  • Laurel View Smart Cabin ~ Beautiful 3 Bedroom Smart Cabin with a Mtn. View!

    Cabin · 3 bd · 3 ba · sleeps 10 · 469 ft

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

    Revenue $54,652ADR $292Occ ≈ 51%4.9★ (187)

    Vrbo

  • Smoky Mountain Mist - Theater + Private Putt-Putt!

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.2 mi

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

    Revenue $87,639ADR $486Occ ≈ 49%4.2★ (4)

    AirbnbVrboBooking

  • The Black Wolf Lodge - Luxury Creekside Cabin With Firepit, Decking, and Games!!

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

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

    Revenue $69,994ADR $382Occ ≈ 50%5★ (55)

    Vrbo

  • November Specials - Mtn View Cabin, Great Location

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi

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

    Revenue $90,413ADR $357Occ ≈ 69%5★ (185)

    AirbnbVrbo

  • Pigeon Forge - Endless Views - Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

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

    Revenue $57,035ADR $331Occ ≈ 47%4.6★ (12)

    AirbnbVrbo

  • Smoky Mountain Cabin Pigeon Forge Come on Home

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi

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

    Revenue $42,308ADR $279Occ ≈ 42%4.9★ (12)

    AirbnbVrbo

  • Fall Deals! King Beds, Kid Bunks, Firepit, HotTub

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $60,239ADR $306Occ ≈ 54%4.8★ (75)

    AirbnbVrboBooking

  • Dog Friendly 3BR Cabin w/ Air Hockey & EV Charger

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $47,561ADR $243Occ ≈ 54%5★ (30)

    AirbnbVrboBooking

  • Tils Den

    Villa · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $93,988ADR $309Occ ≈ 83%5★ (1)

    Booking

Show 20 more
  • Sweet Mtn Retreat~Theater~Game Rm w/ Ping Pong~EV

    Cabin · 3 bd · 4 ba · sleeps 9 · 0.3 mi

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

    Revenue $116,441ADR $356Occ ≈ 90%5★ (268)

    AirbnbVrboBooking

  • *10m Dollywood, Creek, Theater, Hot tub, Fire pit*

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $66,717ADR $306Occ ≈ 60%4.8★ (97)

    Airbnb

  • Private Pool - Home Theater w/ 4K TV

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

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

    Revenue $101,341ADR $454Occ ≈ 61%4.2★ (4)

    AirbnbVrbo

  • Canyon Camp Falls by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $124,607ADR $437Occ ≈ 78%5★ (1)

    Booking

  • Views and Luxury from Sunflower Summit

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.3 mi

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

    Revenue $3,348ADR $279Occ ≈ 3%—

    Vrbo

  • Wears Valley Retreat・Near Pigeon Forge・Firepit・Tub

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

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

    Revenue $46,823ADR $280Occ ≈ 46%5★ (16)

    AirbnbVrboBooking

  • A Mountain Spirit

    Vacation home · 3 bd · 2 ba · sleeps 9 · 0.3 mi

    Revenue $56,248ADR $1,555Occ ≈ 10%5★ (1)

    Booking

  • Hot Tub • Creek Access • Log Lodge • Location!

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.3 mi

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

    Revenue $60,720ADR $311Occ ≈ 53%5★ (2)

    AirbnbVrbo

  • Stunning 3BR Mtn View + Free Attraction Tickets

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $24,631ADR $330Occ ≈ 20%4.8★ (129)

    AirbnbBooking

  • Mini Golf Deck w/ a VIEW + DeckBar & Mimosa Club?

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $55,918ADR $467Occ ≈ 33%4.8★ (179)

    Airbnb

  • Pigeon Forge - Gated Resort - Game Room

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

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

    Revenue $87,350ADR $384Occ ≈ 62%4.9★ (9)

    AirbnbVrbo

  • Best View Ever 50

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $46,666ADR $395Occ ≈ 32%4.8★ (39)

    AirbnbVrbo

  • 3BR Cabin with Hot Tub and Free Attraction Tickets

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi

    Revenue $23,566ADR $276Occ ≈ 23%4.7★ (251)

    Airbnb

  • Top of the World Views | Hot Tub & Air Hockey

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.4 mi

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

    Revenue $62,321ADR $525Occ ≈ 33%4.8★ (94)

    AirbnbVrboBooking

  • Ridgeline Retreat w/ Heated Pool,HotTub/Pool Table

    Cabin · 3 bd · 4 ba · sleeps 10 · 0.4 mi

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

    Revenue $78,498ADR $458Occ ≈ 47%4.8★ (137)

    AirbnbVrboBooking

  • Beautiful Cabin with Stunning Mountain Views

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.4 mi

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

    Revenue $7,009ADR $280Occ ≈ 7%4★ (1)

    AirbnbBooking

  • *Elegant 3BD Cabin w/ VIEWS! Hot Tub + Games!*

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.4 mi

    Revenue $95,034ADR $342Occ ≈ 76%5★ (48)

    Airbnb

  • NEW Lagniappe Lookout !

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.4 mi

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

    Revenue $118,292ADR $540Occ ≈ 60%5★ (122)

    AirbnbVrbo

  • Family Retreat! Private Pool, Hot Tub, Game Room!

    House · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

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

    Revenue $5,745ADR $277Occ ≈ 6%5★ (1)

    AirbnbVrboBooking

  • Smoky Hideaway 58

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi

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

    Revenue $60,232ADR $300Occ ≈ 55%5★ (21)

    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

Financing
Management

Est. revenue

$70,509

NOI

$38,322

Cash flow /mo

$3,194

Cash needed

$908,460

Cash-on-cash (all cash)

4.2%

ROE (yr 1)

7.0%

Cap rate

4.5%

DSCR

—

Year-1 write-off

$160,904

Year-1 tax shield @ 32%

$51,489

Year-1 return on equity

  • Cash flow (annual)$38,322
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$25,470
ROE7.0%

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)$14,102
  • Platform fees (3% of revenue)$2,115
  • Maintenance / capex (5% of revenue)$3,525
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,150
  • Insurance (STR-rated)$5,094

Cash needed to close

  • Purchase price (all cash)$849,000
  • Closing costs (4.0%)$33,960
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$51,489

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

$763,000

Short-life (5/15-yr)

$135,000 · 18%

Year-1 deduction

$161,000

Year-1 tax shield @ 32%

$51,000

Land 10% (county tax record, market value split) · building $628,000 over 39 years · new furniture $26,000

Based on: 2,740 sq ft, built 2006, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $98,000 in year 1 (9% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$95,200
  • Kitchen cabinetsdefault

    $11,800 new × 40% good × 2.37 allocation

    $11,200
  • Kitchen countertopsdefault

    $9,700 new × 40% good × 2.37 allocation

    $9,200
  • Decorative trimdefault

    $4,800 new × 40% good × 2.37 allocation

    $4,500
  • Mirrorsdefault

    $500 new × 40% good × 2.37 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 2.37 allocation

    $1,100
  • Window coverings (27)default

    $6,800 new × 40% good × 2.37 allocation

    $6,400
  • Kitchen & laundry equipment plumbingdefault

    $9,200 new × 60% good × 2.37 allocation

    $13,100
  • Kitchen, laundry & data equipment electricaldefault

    $5,600 new × 60% good × 2.37 allocation

    $7,900
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.37 allocation

    $7,300
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.37 allocation

    $8,500
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$65,000
  • Paving: driveway & walks (paved)default

    $10,900 new × 50% good × 2.37 allocation

    $12,900
  • Landscaping (typical)default

    $10,400 new × 50% good × 2.37 allocation

    $12,400
  • Patiosdefault

    $2,700 new × 50% good × 2.37 allocation

    $3,200
  • Decks & porches (attached)listing

    $30,800 new × 50% good × 2.37 allocation

    $36,600
Building, 39-year$628,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $297,700 new × 67% good × 2.37 allocation

    $470,900
  • Building plumbing & fixturesdefault

    $30,900 new × 60% good × 2.37 allocation

    $44,000
  • Building electrical & lightingdefault

    $32,000 new × 60% good × 2.37 allocation

    $45,600
  • HVACdefault

    $30,900 new × 40% good × 2.37 allocation

    $29,300
  • Hardwood & tile floorsdefault

    $17,600 new × 40% good × 2.37 allocation

    $16,700
  • Fireplaces (3)listing

    $7,900 new × 40% good × 2.37 allocation

    $7,500
  • Septic systemlisting

    $12,000 new × 50% good × 2.37 allocation

    $14,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$95,200$65,000$700$160,900
2$0$0$16,100$16,100
3$0$0$16,100$16,100
4$0$0$16,100$16,100
5$0$0$16,100$16,100
6+$0$0$563,000$563,000
Total$95,200$65,000$628,100$788,300

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.