932 High Mountain Way
Gatlinburg, TN 37738
$774,999
3 bd · 3 ba · 1,870 sqft · Listed 1d ago
View on Realtor.com →Year built
2007
Sqft
1,870
Lot sqft
—
HOA / mo
$567
Furnished
No
List date
2026-11-12T17:28:23.000000Z
Revenue
Annual revenue
$60,418
ADR
$276
Occupancy
60%
Cleaning fees (12 mo)
$11,412
Confidence
Med (57.51), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $60,217
Smoky Mountain High 3-bedroom/3 bath, hot tub, game room, 10-min from downtown
Cabin · 3 bd · 3 ba · sleeps 10 · 167 ft
Revenue $1,160ADR $355Occ ≈ 1%—
Delisted
AGrandGetaway:MtnView*Res/Pool*Theater*Game*HotTub
Cabin · 3 bd · 3 ba · sleeps 10 · 246 ft
Revenue $82,527ADR $383Occ ≈ 59%3.8★ (36)
Smoky Bear Hideaway
Vacation home · 3 bd · 2 ba · sleeps 6 · 299 ft
Revenue $70,378ADR $304Occ ≈ 63%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Perfect 3BD Cabin! Stunning Views + Great Location Cabin
| 3 bd · 3 ba · sleeps 9 | $81,671 | $319 | 70% | 4.8★ (139) | 151 ft | AirbnbVrbo |
Cub's Corner | Amazing Views, Hot Tub, Pool Access Cabin
| 3 bd · 3 ba · sleeps 10 | $62,790 | $360 | 48% | 4.7★ (83) | 154 ft | AirbnbVrboBooking |
Smoky Mountain High 3-bedroom/3 bath, hot tub, game room, 10-min from downtown Cabin | 3 bd · 3 ba · sleeps 10 | $1,160 | $355 | 1% | — | 167 ft | Delisted |
Hot Tub & Game Room: Log Cabin 2 Mi to Ripley’s! Cabin
| 3 bd · 3 ba · sleeps 10 | $36,778 | $319 | 32% | 5★ (53) | 174 ft | AirbnbVrboBooking |
Gatlinburg - Family Fun - Level Parking Cabin
| 3 bd · 3 ba · sleeps 10 | $42,297 | $272 | 43% | 4.5★ (4) | 203 ft | AirbnbVrbo |
Black Bear falls Gatlin Lodge 3• kings •hot tub• Cabin
| 3 bd · 3 ba · sleeps 8 | $37,619 | $270 | 38% | 5★ (120) | 220 ft | AirbnbVrbo |
AGrandGetaway:MtnView*Res/Pool*Theater*Game*HotTub Cabin | 3 bd · 3 ba · sleeps 10 | $82,527 | $383 | 59% | 3.8★ (36) | 246 ft | Airbnb |
Smoky Bear Hideaway Vacation home | 3 bd · 2 ba · sleeps 6 | $70,378 | $304 | 63% | — | 299 ft | Booking |
★Mountain Life in Luxury with Breathtaking Views★ Cabin
| 3 bd · 3 ba · sleeps 10 | $101,311 | $393 | 71% | 5★ (227) | 322 ft | AirbnbVrbo |
Cub's Crossing | 2 Balconies + Hot Tub Cabin | 3 bd · 3 ba · sleeps 10 | $78,887 | $432 | 50% | 4.5★ (9) | 361 ft | AirbnbBooking |
Show 36 more
Some Peak Somewhere Cabin by Avada Properties
Vacation home · 3 bd · 3 ba · sleeps 9 · 518 ft
Revenue $80,034ADR $282Occ ≈ 78%—
NEW 5 Star Cabin - Mountain Elegance
Cabin · 3 bd · 3 ba · sleeps 10 · 522 ft
Revenue $33,103ADR $400Occ ≈ 23%4.8★ (91)
Family Friendly Cabin w/ Hot Tub & Games
Cabin · 3 bd · 3 ba · sleeps 10 · 522 ft
Revenue $21,566ADR $370Occ ≈ 16%4.4★ (3)
Bear Essentials By Stony Brook Cabins
Vacation home · 3 bd · 3 ba · sleeps 10 · 0.1 mi
Revenue $81,468ADR $338Occ ≈ 66%4.5★ (9)
Adorable 3BD Cabin w/ Hot Tub! XBox + Pool Access!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi
Revenue $73,750ADR $299Occ ≈ 68%4.8★ (39)
NEW-Luxury Cabin Near Town w/ Pool & Hot Tub
House · 3 bd · 3 ba · sleeps 6 · 0.1 mi
Revenue $23,087ADR $276Occ ≈ 23%4.7★ (73)
Rest and Relax in this Fully-Equipped Cabin Rental in Gatlinburg, Tennessee
Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi
Revenue $16,624ADR $445Occ ≈ 10%—
Smoky Dreams 2 by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $41,773ADR $223Occ ≈ 51%4.8★ (6)
A LeConte Sunrise View
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $61,942ADR $265Occ ≈ 64%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
The Songbird - Mountain views, hot tub, and more! Cabin
| 3 bd · 3 ba · sleeps 10 | $35,641 | $312 | 31% | 4.4★ (25) | 420 ft | AirbnbVrboBooking |
3King Suites•Hot Tub•Walk to Pool•2.5M to Downtown Cabin
| 3 bd · 3 ba · sleeps 10 | $60,519 | $348 | 48% | 5★ (234) | 423 ft | AirbnbVrbo |
3 king suites, movie room, pool table, hot tub, Cabin
| 3 bd · 3 ba · sleeps 10 | $64,481 | $346 | 51% | 4.6★ (27) | 479 ft | AirbnbVrbo |
The Adventure Lodge in Black Bear Falls Resort! Cabin
| 3 bd · 3 ba · sleeps 10 | $53,926 | $298 | 50% | 4.7★ (72) | 479 ft | AirbnbVrboBooking |
Rustic Cabin w/ Hot Tub, Pool Table & Arcade Game Cabin
| 3 bd · 3 ba · sleeps 10 | $85,909 | $326 | 72% | 4.8★ (46) | 486 ft | AirbnbVrbo |
Cozy 3-bedroom haven for up to 10 guests. Cabin | 3 bd · 3 ba · sleeps 10 | $43,475 | $295 | 40% | 4.5★ (10) | 489 ft | AirbnbVrbo |
3Kings! Close to Gburg & Hiking! New Hot tub! Cabin
| 3 bd · 3 ba · sleeps 8 | $70,877 | $294 | 66% | 4.8★ (188) | 489 ft | AirbnbVrbo |
Game Room + Hot Tub | Luxury Cabin in Gatlinburg Cabin
| 3 bd · 3 ba · sleeps 8 | $61,659 | $389 | 43% | 5★ (94) | 512 ft | AirbnbVrbo |
Some Peak Somewhere Cabin by Avada Properties Vacation home | 3 bd · 3 ba · sleeps 9 | $80,034 | $282 | 78% | — | 518 ft | Booking |
Komfy Kozy | Game Room, Hot Tub, Pool Access Cabin | 3 bd · 3 ba · sleeps 10 | $50,657 | $348 | 40% | 4.2★ (62) | 518 ft | AirbnbVrboBooking |
NEW 5 Star Cabin - Mountain Elegance Cabin | 3 bd · 3 ba · sleeps 10 | $33,103 | $400 | 23% | 4.8★ (91) | 522 ft | Airbnb |
Family Friendly Cabin w/ Hot Tub & Games Cabin | 3 bd · 3 ba · sleeps 10 | $21,566 | $370 | 16% | 4.4★ (3) | 522 ft | Vrbo |
Bear Essentials By Stony Brook Cabins Vacation home | 3 bd · 3 ba · sleeps 10 | $81,468 | $338 | 66% | 4.5★ (9) | 0.1 mi | Booking |
Endless View Lodge Cabin | 3 bd · 3 ba · sleeps 8 | $59,914 | $306 | 54% | 4.9★ (71) | 0.1 mi | AirbnbVrbo |
Best Views @BBF, 3 K'S -3 Levels House | 3 bd · 3 ba · sleeps 8 | $9,846 | $255 | 11% | 5★ (422) | 0.1 mi | AirbnbVrbo |
Bear Ridge | Hot Tub + Game Room in the Smokies Cabin
| 3 bd · 3 ba · sleeps 8 | $24,314 | $343 | 19% | 5★ (15) | 0.1 mi | AirbnbVrboBooking |
Smoky Mountain Escape-Hot tub, pool access, Resort Cabin
| 3 bd · 3 ba · sleeps 9 | $65,077 | $310 | 58% | 5★ (5) | 0.1 mi | AirbnbVrbo |
Adorable 3BD Cabin w/ Hot Tub! XBox + Pool Access! Cabin | 3 bd · 3 ba · sleeps 8 | $73,750 | $299 | 68% | 4.8★ (39) | 0.1 mi | Airbnb |
LeConte Views | 3 Bed & Bath | Hot Tub & Arcade Cabin | 3 bd · 3 ba · sleeps 8 | $40,391 | $317 | 35% | 4.2★ (48) | 0.1 mi | AirbnbVrbo |
Black Bear Falls Cabin~2ml Dwtn, Hot Tub Game Room Cabin
| 3 bd · 3 ba · sleeps 10 | $57,451 | $408 | 39% | 4.8★ (195) | 0.1 mi | AirbnbVrbo |
Gatlinburg Cabin | 3 Kings • Game Room - Hot Tub Cabin
| 3 bd · 3 ba · sleeps 10 | $47,265 | $324 | 40% | 4.9★ (35) | 0.1 mi | AirbnbVrbo |
★Gray Fox Den★ | Theater & Arcade, Hot Tub, Views Cabin
| 3 bd · 3 ba · sleeps 8 | $101,781 | $359 | 78% | 5★ (255) | 0.1 mi | AirbnbVrboBooking |
Back to Nature Great Location & Views! New Hot Tub Cabin | 3 bd · 4 ba · sleeps 8 | $51,652 | $345 | 41% | 4.9★ (183) | 0.1 mi | AirbnbVrbo |
Perfect Location,3 King Suites, Hot Tub Cabin
| 3 bd · 3 ba · sleeps 8 | $82,956 | $323 | 70% | 4.9★ (263) | 0.1 mi | AirbnbVrbo |
3 Mi to Gatlinburg: Cabin w/ Deck & Pool Table! Cabin | 3 bd · 3 ba · sleeps 6 | $79,672 | $0 | — | 4.7★ (174) | 0.1 mi | AirbnbBooking |
Fall Smokies Escape, Hot tub, Views, Theater, BBQ Cabin
| 3 bd · 3 ba · sleeps 10 | $107,535 | $403 | 73% | 5★ (466) | 0.1 mi | AirbnbVrbo |
Highpoint Escape | Game Room + Mtn Views! Cabin
| 3 bd · 3 ba · sleeps 10 | $68,120 | $372 | 50% | 4.4★ (79) | 0.1 mi | AirbnbVrboBooking |
Smoky Mtn Escape | 3 Kings, Hot Tub & Pool Table Cabin
| 3 bd · 3 ba · sleeps 6 | $39,301 | $254 | 42% | 5★ (19) | 0.1 mi | AirbnbVrboBooking |
NEW-Luxury Cabin Near Town w/ Pool & Hot Tub House | 3 bd · 3 ba · sleeps 6 | $23,087 | $276 | 23% | 4.7★ (73) | 0.1 mi | Airbnb |
Rest and Relax in this Fully-Equipped Cabin Rental in Gatlinburg, Tennessee Cabin | 3 bd · 3 ba · sleeps 10 | $16,624 | $445 | 10% | — | 0.2 mi | Booking |
Smoky Dreams 2 by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 6 | $41,773 | $223 | 51% | 4.8★ (6) | 0.2 mi | Booking |
3BD 3BA 5 Min to Gatlingburg | Hot Tub | Game Room Cabin | 3 bd · 3 ba · sleeps 10 | $64,892 | $317 | 56% | 4.5★ (31) | 0.2 mi | AirbnbVrboBooking |
Family Friendly Cabin w/ Hot Tub & Games Cabin | 3 bd · 3 ba · sleeps 10 | $93,169 | $355 | 72% | 2.1★ (6) | 0.2 mi | AirbnbVrbo |
Peace perfect peace Cabin | 3 bd · 3 ba · sleeps 8 | $42,649 | $290 | 40% | 5★ (98) | 0.2 mi | AirbnbVrbo |
Perfect Fall Cabin w/ hot tub - 5 min to downtown Cabin
| 3 bd · 2 ba · sleeps 10 | $52,127 | $265 | 54% | 4.5★ (146) | 0.2 mi | AirbnbVrbo |
A LeConte Sunrise View Vacation home | 3 bd · 2 ba · sleeps 6 | $61,942 | $265 | 64% | 5★ (1) | 0.2 mi | 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
Rate 7.86% = 7.11% Freddie Mac 30-yr avg (Nov 12) + 0.75% investor premium
Est. revenue
$60,418
NOI
$24,909
Cash flow /mo
-$2,133
Cash needed
$250,250
Cash-on-cash
-10.2%
ROE (yr 1)
1.1%
Cap rate
3.2%
DSCR
0.49
Year-1 write-off
$165,086
Year-1 tax shield @ 32%
$52,827
Year-1 return on equity
- Cash flow (annual)-$25,592
- Principal paydown$4,992
- Appreciation at%$23,250
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)$12,084
- Platform fees (3% of revenue)$1,813
- Maintenance / capex (5% of revenue)$3,021
- Utilities & supplies$4,200
- HOA$6,804
- Property tax$2,938
- Insurance (STR-rated)$4,650
Cash needed to close
- Down payment (25%)$193,750
- Closing costs (4.0%)$31,000
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$52,827
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
$659,000
Short-life (5/15-yr)
$139,000 · 21%
Year-1 deduction
$165,000
Year-1 tax shield @ 32%
$53,000
Land 15% (market default, no usable tax-record split) · building $520,000 over 39 years · new furniture $26,000
Based on: 1,870 sq ft, built 2007, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $107,000 in year 1 (12% short-life, $34,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,600
Kitchen cabinetsdefault
$9,900 new × 40% good × 2.93 allocation
- $9,500
Kitchen countertopsdefault
$8,100 new × 40% good × 2.93 allocation
- $3,800
Decorative trimdefault
$3,300 new × 40% good × 2.93 allocation
- $500
Mirrorsdefault
$500 new × 40% good × 2.93 allocation
- $1,400
Shelvingdefault
$1,200 new × 40% good × 2.93 allocation
- $5,600
Window coverings (19)default
$4,800 new × 40% good × 2.93 allocation
- $4,700
Carpet, vinyl & laminate (33% of floors)listing
$4,000 new × 40% good × 2.93 allocation
- $14,000
Kitchen & laundry equipment plumbingdefault
$7,700 new × 62% good × 2.93 allocation
- $8,500
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 62% good × 2.93 allocation
- $9,500
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.93 allocation
- $10,600
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.93 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
- $13,100
Paving: driveway & walks (paved)default
$9,000 new × 50% good × 2.93 allocation
- $12,600
Landscaping (typical)default
$8,600 new × 50% good × 2.93 allocation
- $2,700
Patiosdefault
$1,800 new × 50% good × 2.93 allocation
- $30,800
Decks & porches (attached)listing
$21,000 new × 50% good × 2.93 allocation
- $406,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$202,700 new × 68% good × 2.93 allocation
- $38,200
Building plumbing & fixturesdefault
$21,000 new × 62% good × 2.93 allocation
- $38,100
Building electrical & lightingdefault
$21,000 new × 62% good × 2.93 allocation
- $24,700
HVACdefault
$21,100 new × 40% good × 2.93 allocation
- $9,400
Hardwood & tile floorsdefault
$8,000 new × 40% good × 2.93 allocation
- $3,100
Fireplacelisting
$2,600 new × 40% good × 2.93 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $105,200 | $59,300 | $600 | $165,100 |
| 2 | $0 | $0 | $13,300 | $13,300 |
| 3 | $0 | $0 | $13,300 | $13,300 |
| 4 | $0 | $0 | $13,300 | $13,300 |
| 5 | $0 | $0 | $13,300 | $13,300 |
| 6+ | $0 | $0 | $465,900 | $465,900 |
| Total | $105,200 | $59,300 | $519,700 | $684,200 |
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.