2021 Settlers Ridge Way
Gatlinburg, TN 37738
$995,000
4 bd · 4 ba · 2,652 sqft · Listed 1d ago
View on Realtor.com →Year built
2020
Sqft
2,652
Lot sqft
13,504
HOA / mo
$95
Furnished
No
List date
2026-10-23T18:19:38.000000Z
Revenue
Annual revenue
$91,603
ADR
$395
Occupancy
64%
Cleaning fees (12 mo)
$12,615
Confidence
Med (58.83), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $90,664
Unobstructed Mtn Views! | Prime Central Location!
Cabin · 4 bd · 3 ba · sleeps 12 · 138 ft
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $53,999ADR $339Occ ≈ 44%5★ (30)
+Pet Friendly+Pool cabin W/view, Theater,Arcade
Cabin · 4 bd · 4 ba · sleeps 12 · 233 ft
Revenue $16,475ADR $568Occ ≈ 8%4.9★ (212)
"Swimming In Views" in a 4 Bedroom Mountaintop Pool Cabin
Vacation home · 4 bd · 4 ba · sleeps 10 · 266 ft
Revenue $72,944ADR $456Occ ≈ 44%3.5★ (1)
Indoor heated POOL, EV Charger, hot tub, fire pit
Cabin · 4 bd · 4 ba · sleeps 12 · 279 ft
- Hot tub
- Pool
- Free parking
- Wifi
- +5
Revenue $102,102ADR $631Occ ≈ 44%5★ (20)
Luxe Cabin-Pool, Hot Tub, Epic View, Theater
Cabin · 4 bd · 4 ba · sleeps 12 · 322 ft
Revenue $118,895ADR $642Occ ≈ 51%5★ (46)
Mt. Leconte Views/Indoor Pool/Loaded!
Cabin · 4 bd · 4 ba · sleeps 12 · 348 ft
Revenue $116,012ADR $588Occ ≈ 54%5★ (5)
Bullwinkles Place
Vacation home · 4 bd · 3 ba · sleeps 10 · 479 ft
Revenue $64,854ADR $279Occ ≈ 64%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Unobstructed Mtn Views! | Prime Central Location! Cabin
| 4 bd · 3 ba · sleeps 12 | $53,999 | $339 | 44% | 5★ (30) | 138 ft | Airbnb |
+Pet Friendly+Pool cabin W/view, Theater,Arcade Cabin | 4 bd · 4 ba · sleeps 12 | $16,475 | $568 | 8% | 4.9★ (212) | 233 ft | Airbnb |
Indoor Pool-Fireplace- Hot Tub-Arcade-Gatlinburg Cabin
| 4 bd · 4 ba · sleeps 12 | $112,478 | $549 | 56% | 4.9★ (26) | 240 ft | AirbnbVrboBooking |
"Swimming In Views" in a 4 Bedroom Mountaintop Pool Cabin Vacation home | 4 bd · 4 ba · sleeps 10 | $72,944 | $456 | 44% | 3.5★ (1) | 266 ft | Booking |
Indoor heated POOL, EV Charger, hot tub, fire pit Cabin
| 4 bd · 4 ba · sleeps 12 | $102,102 | $631 | 44% | 5★ (20) | 279 ft | Airbnb |
Luxe Cabin-Pool, Hot Tub, Epic View, Theater Cabin | 4 bd · 4 ba · sleeps 12 | $118,895 | $642 | 51% | 5★ (46) | 322 ft | Airbnb |
Mt. Leconte Views/Indoor Pool/Loaded! Cabin | 4 bd · 4 ba · sleeps 12 | $116,012 | $588 | 54% | 5★ (5) | 348 ft | Airbnb |
Luxury Cabin! | Indoor Pool, Theater & Arcade Cabin
| 4 bd · 4 ba · sleeps 12 | $84,097 | $491 | 47% | 5★ (30) | 381 ft | AirbnbVrboBooking |
Bullwinkles Place Vacation home | 4 bd · 3 ba · sleeps 10 | $64,854 | $279 | 64% | 5★ (1) | 479 ft | Booking |
Indoor Pool & Mountain Views | Luxury Lodge Cabin
| 4 bd · 4 ba · sleeps 12 | $111,037 | $546 | 56% | 4.8★ (10) | 515 ft | AirbnbVrboBooking |
Show 25 more
Sevierville - The Overlook at Settlers Ridge - 4 Bedrooms - Sleeps 12
Cabin · 4 bd · 4 ba · sleeps 12 · 0.1 mi
Revenue $10,783ADR $754Occ ≈ 4%—
Delisted
Luxe Cabin w/ Mini Golf, Indoor Pool & Views
Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi
Revenue $107,528ADR $942Occ ≈ 31%—
Delisted
"Swimming In Views" - A Mountaintop Pool Cabin
Cabin · 4 bd · 4 ba · sleeps 12 · 0.1 mi
Revenue $111,882ADR $547Occ ≈ 56%4.9★ (35)
A Bear's Kind of Fun in Pigeon Forge #unforgettable 4 bedroom w/ Games & Full Theater!
Cabin · 4 bd · 4 ba · sleeps 12 · 0.2 mi
Revenue $50,256ADR $376Occ ≈ 37%4.3★ (118)
Delisted
Gentleman Jack's
Vacation home · 4 bd · 3 ba · sleeps 9 · 0.2 mi
Revenue $31,054ADR $340Occ ≈ 25%—
Lazy Bear Lodge by American Patriot Getaways
Vacation home · 4 bd · 3 ba · sleeps 10 · 0.4 mi
Revenue $80,422ADR $340Occ ≈ 65%—
Amazing Cabin*Hot Tub*Fire Pit*Game Room*Bears
House · 4 bd · 3 ba · sleeps 10 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $52,497ADR $308Occ ≈ 47%4.8★ (39)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Bears Repeating | Hot Tub in a Private Gazebo! Cabin | 4 bd · 3 ba · sleeps 12 | $105,988 | $532 | 55% | 4.7★ (11) | 525 ft | AirbnbBooking |
Swimming In Views | Indoor Pool • Hot Tub • Pets Cabin
| 4 bd · 4 ba · sleeps 12 | $95,385 | $514 | 51% | 4.8★ (14) | 0.1 mi | AirbnbVrboBooking |
Sevierville - The Overlook at Settlers Ridge - 4 Bedrooms - Sleeps 12 Cabin | 4 bd · 4 ba · sleeps 12 | $10,783 | $754 | 4% | — | 0.1 mi | Delisted |
Luxe Cabin w/ Mini Golf, Indoor Pool & Views Cabin | 4 bd · 3 ba · sleeps 12 | $107,528 | $942 | 31% | — | 0.1 mi | Delisted |
Elevated Views Cabin
| 4 bd · 4 ba · sleeps 12 | $114,649 | $657 | 48% | 5★ (16) | 0.1 mi | AirbnbVrboBooking |
SettlersRidgeLodge: Pool*Theater*Game*Hot Tub*WiFi Cabin
| 4 bd · 4 ba · sleeps 12 | $87,182 | $543 | 44% | 5★ (3) | 0.1 mi | AirbnbVrbo |
WaterTastic, Indoor Pool, Theater & Arcade Cabin
| 4 bd · 4 ba · sleeps 12 | $127,832 | $589 | 59% | 5★ (229) | 0.1 mi | AirbnbVrbo |
"Swimming In Views" - A Mountaintop Pool Cabin Cabin | 4 bd · 4 ba · sleeps 12 | $111,882 | $547 | 56% | 4.9★ (35) | 0.1 mi | Airbnb |
Incredible Mountain Views - Large Game Room Cabin
| 4 bd · 4 ba · sleeps 12 | $98,709 | $550 | 49% | 4.7★ (3) | 0.1 mi | AirbnbVrbo |
Beachfront - Outdoor Living, Games, Great Location Cabin
| 4 bd · 3.5 ba · sleeps 12 | $36,715 | $412 | 24% | 4.8★ (8) | 0.1 mi | AirbnbVrboBooking |
A Bear's Kind of Fun in Pigeon Forge #unforgettable 4 bedroom w/ Games & Full Theater! Cabin | 4 bd · 4 ba · sleeps 12 | $50,256 | $376 | 37% | 4.3★ (118) | 0.2 mi | Delisted |
Misty Mountain by AvantStay | Hot Tub + Views Cabin
| 4 bd · 3 ba · sleeps 12 | $114,227 | $509 | 61% | 4.5★ (39) | 0.2 mi | AirbnbVrboBooking |
Mtn Views - Fun Amenities like a Karaoke Machine Cabin
| 4 bd · 4.5 ba · sleeps 12 | $97,444 | $485 | 55% | 2.5★ (2) | 0.2 mi | AirbnbVrbo |
Gentleman Jack's Vacation home | 4 bd · 3 ba · sleeps 9 | $31,054 | $340 | 25% | — | 0.2 mi | Booking |
A Bear's Kind of Fun House | 4 bd · 4 ba · sleeps 12 | $2,858 | $285 | 3% | — | 0.3 mi | VrboBooking |
4/3 TreeTopCabin StepFreeEntrance Our Hiding Place Cabin
| 4 bd · 3 ba · sleeps 10 | $70,158 | $329 | 58% | 5★ (129) | 0.3 mi | AirbnbVrbo |
A Wolf's Den Cabin
| 4 bd · 4 ba · sleeps 10 | $132,378 | $523 | 69% | 4.8★ (62) | 0.3 mi | AirbnbVrbo |
Marigold's Mountain Memories | Smoky Mt. Retreat House
| 4 bd · 3 ba · sleeps 10 | $71,941 | $374 | 53% | 4.8★ (22) | 0.3 mi | AirbnbVrboBooking |
Take A Break: VIEWS*Secluded*Games*HotTub*Wifi*Fir Cabin
| 4 bd · 4 ba · sleeps 12 | $111,988 | $529 | 58% | 4.8★ (15) | 0.4 mi | AirbnbVrbo |
Lazy Bear Lodge by American Patriot Getaways Vacation home | 4 bd · 3 ba · sleeps 10 | $80,422 | $340 | 65% | — | 0.4 mi | Booking |
Fall Foliage Getaway | Hot Tub, Pool Table, Arcade Cabin
| 4 bd · 4 ba · sleeps 10 | $66,852 | $358 | 51% | 4.8★ (166) | 0.4 mi | AirbnbVrbo |
Pigeon Forge Getaway | Hot Tub | Game Room Cabin
| 4 bd · 4 ba · sleeps 12 | $29,929 | $408 | 20% | 4.7★ (26) | 0.4 mi | AirbnbVrbo |
Two Sevierville Cabins w/ Hot Tubs & Scenic Views Cabin
| 4 bd · 4 ba · sleeps 12 | $95,155 | $376 | 69% | — | 0.5 mi | AirbnbVrboBooking |
Amazing Cabin*Hot Tub*Fire Pit*Game Room*Bears House
| 4 bd · 3 ba · sleeps 10 | $52,497 | $308 | 47% | 4.8★ (39) | 0.5 mi | Airbnb |
Secluded Cabin w/ Mtn Views, Hot Tub, Game Room. Cabin
| 4 bd · 3.5 ba · sleeps 10 | $90,664 | $431 | 58% | 4.8★ (194) | 0.5 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 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$91,603
NOI
$51,133
Cash flow /mo
-$1,251
Cash needed
$317,550
Cash-on-cash
-4.7%
ROE (yr 1)
6.6%
Cap rate
5.1%
DSCR
0.77
Year-1 write-off
$196,305
Year-1 tax shield @ 32%
$62,817
Year-1 return on equity
- Cash flow (annual)-$15,013
- Principal paydown$6,148
- Appreciation at%$29,850
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)$18,321
- Platform fees (3% of revenue)$2,748
- Maintenance / capex (5% of revenue)$4,580
- Utilities & supplies$4,200
- HOA$1,140
- Property tax$3,511
- Insurance (STR-rated)$5,970
Cash needed to close
- Down payment (25%)$248,750
- Closing costs (4.0%)$39,800
- Furnishing (bought new)$29,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$62,817
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
$869,000
Short-life (5/15-yr)
$167,000 · 19%
Year-1 deduction
$196,000
Year-1 tax shield @ 32%
$63,000
Land 13% (county tax record, market value split) · building $703,000 over 39 years · new furniture $29,000
Based on: 2,652 sq ft, built 2020, 4 bd / 4 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, appliance list, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $111,000 in year 1 (9% short-life, $35,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $18,100
Kitchen cabinetsdefault
$11,600 new × 76% good × 2.05 allocation
- $14,800
Kitchen countertopsdefault
$9,500 new × 76% good × 2.05 allocation
- $7,200
Decorative trimdefault
$4,600 new × 76% good × 2.05 allocation
- $600
Mirrorsdefault
$600 new × 50% good × 2.05 allocation
- $2,300
Shelvingdefault
$1,500 new × 76% good × 2.05 allocation
- $5,500
Window coverings (27)default
$6,800 new × 40% good × 2.05 allocation
- $7,000
Carpet, vinyl & laminate (40% of floors)default
$6,800 new × 50% good × 2.05 allocation
- $16,300
Kitchen & laundry equipment plumbingdefault
$9,000 new × 88% good × 2.05 allocation
- $9,800
Kitchen, laundry & data equipment electricaldefault
$5,500 new × 88% good × 2.05 allocation
- $6,000
Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing
$5,900 new × 50% good × 2.05 allocation
- $7,400
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.05 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $16,600
Paving: driveway & walks (paved)default
$10,700 new × 76% good × 2.05 allocation
- $8,000
Landscaping (minimal)listing
$5,100 new × 76% good × 2.05 allocation
- $4,100
Patiosdefault
$2,600 new × 76% good × 2.05 allocation
- $42,800
Decks & porches (attached)listing
$29,800 new × 70% good × 2.05 allocation
- $530,200
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$287,700 new × 90% good × 2.05 allocation
- $53,900
Building plumbing & fixturesdefault
$29,900 new × 88% good × 2.05 allocation
- $55,700
Building electrical & lightingdefault
$30,900 new × 88% good × 2.05 allocation
- $42,800
HVACdefault
$29,900 new × 70% good × 2.05 allocation
- $15,900
Hardwood & tile floorsdefault
$10,200 new × 76% good × 2.05 allocation
- $4,100
Fireplacelisting
$2,600 new × 76% good × 2.05 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $124,100 | $71,500 | $800 | $196,300 |
| 2 | $0 | $0 | $18,000 | $18,000 |
| 3 | $0 | $0 | $18,000 | $18,000 |
| 4 | $0 | $0 | $18,000 | $18,000 |
| 5 | $0 | $0 | $18,000 | $18,000 |
| 6+ | $0 | $0 | $629,800 | $629,800 |
| Total | $124,100 | $71,500 | $702,600 | $898,200 |
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.