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749 Chickasaw Gap Way

749 Chickasaw Gap Way

Pigeon Forge, TN 37863

$875,000

3 bd · 3 ba · 2,184 sqft · Listed 1d ago

View on Realtor.com →

Year built

2007

Sqft

2,184

Lot sqft

436

HOA / mo

$142

Furnished

No

List date

2026-10-25T17:12:52.000000Z

Revenue

Annual revenue

$64,144

ADR

$294

Occupancy

60%

Cleaning fees (12 mo)

$12,924

Confidence

Med (55.96), 49 comps

Comp revenue range (p25 / median / p75)

$43,481$56,552$75,248

Median revenue of shown comps: $61,155

  • Fall Foliage Views! ArcadeRm|Hot Tub|NearDollywood

    Cabin · 3 bd · 3 ba · sleeps 10 · 436 ft

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

    Revenue $66,939ADR $366Occ ≈ 50%5★ (143)

    AirbnbVrbo

  • Moose-Themed Cabin w/ Hot Tub & Arcade Games

    Cabin · 3 bd · 3 ba · sleeps 10 · 449 ft

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $70,581ADR $321Occ ≈ 60%4.8★ (58)

    AirbnbVrboBooking

  • Forever Yours, 2 Hot tubs, FREE Attraction tickets, WIFI, Near The Parkway in Pigeon Forge!!!

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

    Revenue $44,590ADR $207Occ ≈ 59%3.6★ (7)

    Booking

  • Sweet Starlene: in the heart of Pigeon Forge

    House · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $11,715ADR $344Occ ≈ 9%4.7★ (3)

    Delisted

  • Hot tub, pool table, music room, King bed, balcony

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

    Revenue $10,478ADR $283Occ ≈ 10%4.9★ (112)

    Delisted

  • Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee

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

    Revenue $44,831ADR $496Occ ≈ 25%—

    Booking

  • Modern Chalet| Heated Pool | Pet Friendly |Hot Tub

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

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

    Revenue $72,907ADR $384Occ ≈ 52%4.8★ (45)

    AirbnbVrbo

  • Quintessential Cabin/one mile to Pkwy/NO PETS!

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

    Revenue $59,586ADR $248Occ ≈ 66%4.9★ (270)

    Airbnb

  • Ideal Location! Pool & Hot Tub•10% First Responder

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

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

    Revenue $84,273ADR $440Occ ≈ 52%4.9★ (210)

    AirbnbVrboBooking

  • *Indoor Salt Heated Pool*HotTub*Games*BBQ

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

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

    Revenue $71,285ADR $321Occ ≈ 61%5★ (131)

    Airbnb

Show 27 more
  • Indoor Heated Pool*Hot Tub*Fireplace*Game*Sleeps10

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

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

    Revenue $88,825ADR $361Occ ≈ 67%4.8★ (159)

    AirbnbVrbo

  • Low Rates/Modern Cabin close to Pkwy Hot Tub/Game

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

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

    Revenue $36,647ADR $252Occ ≈ 40%4.8★ (124)

    AirbnbVrbo

  • Fall Sale!Hot Tub·Arcade·New + Modern·5 Min to Par

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $73,377ADR $331Occ ≈ 61%5★ (178)

    AirbnbVrbo

  • Luxury Retreat in Town! Hot Tub + 2 Game Rooms

    Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.4 mi

    Revenue $80,368ADR $366Occ ≈ 60%4.8★ (202)

    Airbnb

  • Cute & Cozy Cabin, Hot Tub, 2 Master Suites, Wood Fire Pit, Close to Parkway!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

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

    Revenue $70,483ADR $262Occ ≈ 74%5★ (247)

    Vrbo

  • 1.5 Mile to Pkwy! HotTub, Game Room, Wi-Fi, Grill

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

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

    Revenue $71,178ADR $330Occ ≈ 59%4.9★ (165)

    AirbnbVrbo

  • Fall Colors. Hot Tub. Close to Island.

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

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

    Revenue $80,520ADR $306Occ ≈ 72%5★ (274)

    AirbnbVrbo

  • The Cozy Crest w Private Pool n Hot Tub

    Vacation home · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $83,997ADR $364Occ ≈ 63%—

    Booking

  • The Cozy Crest w Private Pool n Hot Tub

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

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

    Revenue $97,447ADR $449Occ ≈ 59%4.7★ (7)

    AirbnbVrbo

  • Holden On - Minutes from Attractions, Shops & Food

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

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

    Revenue $43,481ADR $302Occ ≈ 39%3.6★ (39)

    AirbnbVrboBooking

  • HatsHideaway/Family Cabin/Hot Tub/Near Attractions

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

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

    Revenue $47,936ADR $273Occ ≈ 48%4.9★ (245)

    AirbnbVrbo

  • Smoky Fall Escape | Dollywood • Games • Pets OK

    House · 3 bd · 3 ba · sleeps 9 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $65,655ADR $304Occ ≈ 59%5★ (50)

    Airbnb

  • Rustic Black Bear Cabin

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $61,155ADR $146Occ ≈ 100%4.5★ (43)

    AirbnbBooking

  • Marigold | Hot Tub + Game Room | Near Dollywood

    House · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $24,462ADR $273Occ ≈ 25%4.5★ (7)

    AirbnbVrbo

  • Location! Near attractions! Pet friendly! Hot Tub!

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $49,360ADR $256Occ ≈ 53%4.8★ (174)

    AirbnbVrbo

  • Family Cabin- 3 Min To The Parkway and The Island

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.5 mi

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

    Revenue $62,955ADR $260Occ ≈ 66%4.9★ (250)

    AirbnbVrbo

  • 2Mi to Dollywood•Arcade Games•3BR•SmartTVs•HotTub!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $75,248ADR $259Occ ≈ 80%4.9★ (232)

    AirbnbVrbo

  • 3BR 2BA 1 MI to Parkway Hot Tub & Pool Access!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

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

    Revenue $44,034ADR $241Occ ≈ 50%3.8★ (32)

    AirbnbVrboBooking

  • King Bed‼️Pet friendly|Smart lock|;)Pigeon Forge‼️

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.5 mi

    Revenue $39,962ADR $204Occ ≈ 54%4.5★ (97)

    AirbnbBooking

  • Cozy Family Cabin w/ Hot Tub ~ 4 Mi to Dollywood!

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

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

    Revenue $49,884ADR $249Occ ≈ 55%4.5★ (165)

    AirbnbVrboBooking

  • 3BR 4BA 1 MI to Parkway Pool Table & Hot Tub

    Cabin · 3 bd · 4 ba · sleeps 8 · 0.5 mi

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

    Revenue $53,119ADR $293Occ ≈ 50%3.8★ (10)

    AirbnbVrboBooking

  • ER43 Cozy 3BR Cabin w/ HotTub, Arcade & PoolAccess

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.5 mi

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

    Revenue $97,772ADR $356Occ ≈ 75%3.7★ (3)

    AirbnbVrbo

  • NEW! Count Your Blessings 3-Bedroom Home with Pool

    House · 3 bd · 2 ba · sleeps 10 · 0.5 mi

    Revenue $46,796ADR $338Occ ≈ 38%—

    Delisted

  • Foxes Den by Avada Properties

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $36,572ADR $202Occ ≈ 50%3.4★ (3)

    Booking

  • 3BR 2BA 1 MI to Parkway Hot Tub & Pool Access!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

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

    Revenue $56,552ADR $293Occ ≈ 53%4.2★ (38)

    AirbnbVrboBooking

  • Hillside Haven by Avada Properties

    Vacation home · 3 bd · 3 ba · sleeps 6 · 0.5 mi

    Revenue $81,337ADR $270Occ ≈ 83%4.9★ (5)

    Booking

  • Tuck Away Townhouse by Avada Properties

    Vacation home · 3 bd · 2 ba · sleeps 9 · 0.6 mi

    Revenue $35,125ADR $143Occ ≈ 67%—

    Booking

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

$64,144

NOI

$31,910

Cash flow /mo

$2,659

Cash needed

$935,500

Cash-on-cash (all cash)

3.4%

ROE (yr 1)

6.2%

Cap rate

3.6%

DSCR

—

Year-1 write-off

$175,787

Year-1 tax shield @ 32%

$56,252

Year-1 return on equity

  • Cash flow (annual)$31,910
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$26,250
ROE6.2%

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)$12,829
  • Platform fees (3% of revenue)$1,924
  • Maintenance / capex (5% of revenue)$3,207
  • Utilities & supplies$4,200
  • HOA$1,704
  • Property tax$3,120
  • Insurance (STR-rated)$5,250

Cash needed to close

  • Purchase price (all cash)$875,000
  • Closing costs (4.0%)$35,000
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$56,252

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

$810,000

Short-life (5/15-yr)

$150,000 · 18%

Year-1 deduction

$176,000

Year-1 tax shield @ 32%

$56,000

Land 7% (county tax record, market value split) · building $661,000 over 39 years · new furniture $26,000

Based on: 2,184 sq ft, built 2007, 3 bd / 3 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $105,000 in year 1 (10% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$109,300
  • Kitchen cabinetsdefault

    $10,600 new × 40% good × 3.20 allocation

    $13,600
  • Kitchen countertopsdefault

    $8,700 new × 40% good × 3.20 allocation

    $11,100
  • Decorative trimdefault

    $3,800 new × 40% good × 3.20 allocation

    $4,900
  • Mirrorsdefault

    $500 new × 40% good × 3.20 allocation

    $600
  • Shelvingdefault

    $1,200 new × 40% good × 3.20 allocation

    $1,500
  • Window coverings (22)default

    $5,500 new × 40% good × 3.20 allocation

    $7,000
  • Carpet, vinyl & laminate (50% of floors)listing

    $7,000 new × 40% good × 3.20 allocation

    $9,000
  • Kitchen & laundry equipment plumbingdefault

    $8,200 new × 62% good × 3.20 allocation

    $16,400
  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 62% good × 3.20 allocation

    $9,900
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 3.20 allocation

    $9,900
  • 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$65,800
  • Paving: driveway & walks (paved)default

    $9,700 new × 50% good × 3.20 allocation

    $15,500
  • Landscaping (minimal)listing

    $4,700 new × 50% good × 3.20 allocation

    $7,500
  • Patiosdefault

    $2,200 new × 50% good × 3.20 allocation

    $3,500
  • Decks & porches (attached)listing

    $24,600 new × 50% good × 3.20 allocation

    $39,300
Building, 39-year$660,800
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $237,000 new × 68% good × 3.20 allocation

    $518,600
  • Building plumbing & fixturesdefault

    $24,600 new × 62% good × 3.20 allocation

    $48,800
  • Building electrical & lightingdefault

    $25,000 new × 62% good × 3.20 allocation

    $49,500
  • HVACdefault

    $24,600 new × 40% good × 3.20 allocation

    $31,500
  • Hardwood & tile floorsdefault

    $7,000 new × 40% good × 3.20 allocation

    $9,000
  • Fireplacelisting

    $2,600 new × 40% good × 3.20 allocation

    $3,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$109,300$65,800$700$175,800
2$0$0$16,900$16,900
3$0$0$16,900$16,900
4$0$0$16,900$16,900
5$0$0$16,900$16,900
6+$0$0$592,300$592,300
Total$109,300$65,800$660,800$835,900

The building's share of the price ($810,000) is 3.2x our depreciated replacement cost of the home ($253,000). 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.