855 Campbell Lead Rd Unit 406
Gatlinburg, TN 37738
$919,900
3 bd · 3.5 ba · 1,934 sqft · Listed 2d ago
View on Realtor.com →Year built
2022
Sqft
1,934
Lot sqft
—
HOA / mo
$845
Furnished
No
List date
2026-11-10T20:08:35.000000Z
Revenue
Annual revenue
$72,020
ADR
$388
Occupancy
51%
Cleaning fees (12 mo)
$10,322
Confidence
Med (61.03), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $66,768
NEW Luxury 3 BD Penthouse Condo with Breathtaking Mountain Views-2 Balconies
Condominium (condo) · 3 bd · 3.5 ba · sleeps 8 · 75 ft
- Pool
- Wifi
- Kitchen
- Washer
- +2
Revenue $87,577ADR $479Occ ≈ 50%5★ (9)
Stylish Modern 3 BR Condo + Views
Condominium (condo) · 3 bd · 3.5 ba · sleeps 8 · 164 ft
- Pool
- Wifi
- Kitchen
- Washer
- +1
Revenue $62,692ADR $385Occ ≈ 45%5★ (11)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Modern condo overlooking mtns Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $70,881 | $369 | 53% | 5★ (23) | 52 ft | AirbnbVrboBooking |
NEW Luxury 3 BD Penthouse Condo with Breathtaking Mountain Views-2 Balconies Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $87,577 | $479 | 50% | 5★ (9) | 75 ft | Vrbo |
NEW Luxury 3 BD Penthouse Condo with Breathtaking Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $79,171 | $493 | 44% | 5★ (13) | 108 ft | AirbnbVrboBooking |
Panoramic Smoky Mountain Views Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $48,785 | $403 | 33% | 4.9★ (36) | 148 ft | AirbnbVrbo |
Stylish Modern 3 BR Condo + Views Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $62,692 | $385 | 45% | 5★ (11) | 164 ft | Vrbo |
Must Do Gatlinburg Vacation| Sleeps 8-3BD|Mountain Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $66,768 | $415 | 44% | 5★ (25) | 171 ft | AirbnbVrboBooking |
Gatlinburg 3 BD-Walk-in Shower-Plunge Tub-Outdoor Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $65,758 | $408 | 44% | 4.9★ (24) | 171 ft | AirbnbVrboBooking |
3BD|3.5BA|Sleeps 8|NEW|Panoramic Views Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $51,102 | $394 | 36% | 5★ (24) | 171 ft | AirbnbVrboBooking |
Stylish Modern 3 BR Condo + Views Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $62,402 | $408 | 42% | 5★ (29) | 171 ft | AirbnbVrboBooking |
Incredible Views of the Mtns - 3 BD New Vacation C Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $57,211 | $411 | 38% | 5★ (13) | 171 ft | AirbnbVrboBooking |
Show 31 more
Majestic True, Double A-frame.
Cabin · 3 bd · 4 ba · sleeps 10 · 0.4 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $116,098ADR $440Occ ≈ 72%5★ (78)
A Million Dollar View
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $65,420ADR $420Occ ≈ 43%4.9★ (8)
three bedroom condo with loft, sleeps 11
Condominium (condo) · 3 bd · 3 ba · sleeps 10 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $47,794ADR $315Occ ≈ 42%4.7★ (83)
three bedroom condo with loft, sleeps 8
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +5
Revenue $45,534ADR $333Occ ≈ 37%4.5★ (45)
three bedroom condo with loft, sleeps 10
Condominium (condo) · 3 bd · 3 ba · sleeps 10 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $54,488ADR $314Occ ≈ 48%4.3★ (67)
three bedroom condo with loft, sleeps 10
Condominium (condo) · 3 bd · 3 ba · sleeps 10 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $60,308ADR $331Occ ≈ 50%4.9★ (99)
🙋🏻 The Aspen Nines ✨ Hot Tub, Firepit, Two Ensuites, Views, New Construction
Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi
Revenue $98,786ADR $335Occ ≈ 81%4.9★ (205)
Delisted
*Luxurious 3BD Cabin w/ VIEWS! Hot Tub + Fire Pit*
Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.5 mi
Revenue $121,676ADR $448Occ ≈ 74%5★ (100)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Jackpot Summit: 3BD Luxe| Sleeps 8 + Free Tickets Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $58,100 | $393 | 41% | 5★ (28) | 171 ft | AirbnbVrboBooking |
Gatlinburg 3 BD| Luxury Vacation and Amenities|Fre Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $72,833 | $391 | 51% | 5★ (17) | 171 ft | AirbnbVrboBooking |
Luxury Mtn View 3BR Condo + Tickets Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $68,296 | $410 | 46% | 5★ (22) | 171 ft | AirbnbVrboBooking |
3-Bedroom Condo with Breathtaking Mtn Views in Gat Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $54,171 | $406 | 37% | 4.9★ (18) | 171 ft | AirbnbVrboBooking |
Epic View! 3 King Beds • Pool • Hot Tub • Gatlinbu Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $48,481 | $424 | 31% | 4.9★ (12) | 171 ft | AirbnbVrboBooking |
3 BD| Pool & Mountain View| Sleeps 8| Luxury Condo Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $57,413 | $375 | 42% | 5★ (33) | 171 ft | AirbnbVrboBooking |
Luxury Penthouse+Breathtaking Mtn views-Gatlinburg Condominium (condo)
| 3 bd · 3.5 ba · sleeps 8 | $89,925 | $483 | 51% | 4.9★ (13) | 171 ft | AirbnbVrboBooking |
Fall Escape: Mt. LeConte View Hot Tub & Game Room Cabin
| 3 bd · 3.5 ba · sleeps 8 | $52,772 | $403 | 36% | 5★ (117) | 0.2 mi | AirbnbVrbo |
Dream Big: Fall Views, Hot Tub, Arcade, Gatlinburg Cabin
| 3 bd · 3.5 ba · sleeps 8 | $62,334 | $390 | 44% | 5★ (212) | 0.2 mi | AirbnbVrbo |
Million Dollar Fall Views, Hot Tub & Arcade Room Cabin
| 3 bd · 3.5 ba · sleeps 8 | $89,977 | $406 | 61% | 5★ (304) | 0.2 mi | AirbnbVrbo |
Stunning Mountain Views Brand New Cabin Cabin
| 3 bd · 3.5 ba · sleeps 8 | $48,334 | $371 | 36% | 5★ (33) | 0.3 mi | AirbnbVrbo |
Views, hot tub, 2 king suites, near downtown Cabin
| 3 bd · 3 ba · sleeps 8 | $122,469 | $485 | 69% | 5★ (239) | 0.3 mi | AirbnbVrbo |
Incredible Views/Hot Tub/Game Room/Daybed Swing Cabin
| 3 bd · 3.5 ba · sleeps 10 | $96,349 | $385 | 69% | 5★ (44) | 0.3 mi | AirbnbVrbo |
VIEW, Firepit, Near Downtown, Game Room, Log Cabin Cabin
| 3 bd · 2.5 ba · sleeps 9 | $96,468 | $353 | 75% | 5★ (218) | 0.3 mi | AirbnbVrbo |
Majestic True, Double A-frame. Cabin
| 3 bd · 4 ba · sleeps 10 | $116,098 | $440 | 72% | 5★ (78) | 0.4 mi | Airbnb |
SHINE ON!!! NEWLY BUILT CABIN! PRIME LOCATION! Cabin
| 3 bd · 3.5 ba · sleeps 10 | $77,057 | $397 | 53% | 5★ (208) | 0.4 mi | AirbnbVrbo |
Views + Hot Tub + Game Room | 3 King Suites Cabin
| 3 bd · 4.5 ba · sleeps 8 | $99,810 | $404 | 68% | 5★ (255) | 0.4 mi | AirbnbVrboBooking |
A Million Dollar View | The Ultimate Escape! Cabin
| 3 bd · 3 ba · sleeps 8 | $40,999 | $357 | 31% | 4.8★ (18) | 0.4 mi | AirbnbVrboBooking |
Bear Watch 1011 - Mountain Views & Hot Tub Cabin
| 3 bd · 3.5 ba · sleeps 6 | $54,484 | $359 | 42% | 4.8★ (27) | 0.4 mi | AirbnbVrboBooking |
Hot tub, game room, near downtown, 2 fireplaces Cabin
| 3 bd · 3 ba · sleeps 8 | $108,199 | $431 | 69% | 5★ (170) | 0.4 mi | AirbnbVrbo |
Mountain Chalet with Hot Tub and Scenic Views Cabin
| 3 bd · 3 ba · sleeps 10 | $86,630 | $337 | 70% | 4.7★ (72) | 0.4 mi | AirbnbVrbo |
A Million Dollar View Cabin | 3 bd · 3 ba · sleeps 8 | $65,420 | $420 | 43% | 4.9★ (8) | 0.5 mi | Airbnb |
VIEWS/Hot Tub/Game Room/Fire Pit Cabin
| 3 bd · 3.5 ba · sleeps 6 | $141,018 | $481 | 80% | 5★ (278) | 0.5 mi | AirbnbVrbo |
VIEWS! 3 Master Suite! 3 Decks! Fire Pits! Hot Tub Cabin
| 3 bd · 3 ba · sleeps 6 | $139,968 | $417 | 92% | 5★ (246) | 0.5 mi | AirbnbVrbo |
three bedroom condo with loft, sleeps 11 Condominium (condo)
| 3 bd · 3 ba · sleeps 10 | $47,794 | $315 | 42% | 4.7★ (83) | 0.5 mi | Vrbo |
three bedroom condo with loft, sleeps 8 Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $45,534 | $333 | 37% | 4.5★ (45) | 0.5 mi | Vrbo |
three bedroom condo with loft, sleeps 10 Condominium (condo)
| 3 bd · 3 ba · sleeps 10 | $54,488 | $314 | 48% | 4.3★ (67) | 0.5 mi | Vrbo |
three bedroom condo with loft, sleeps 10 Condominium (condo)
| 3 bd · 3 ba · sleeps 10 | $60,308 | $331 | 50% | 4.9★ (99) | 0.5 mi | Vrbo |
🙋🏻 The Aspen Nines ✨ Hot Tub, Firepit, Two Ensuites, Views, New Construction Cabin | 3 bd · 3 ba · sleeps 8 | $98,786 | $335 | 81% | 4.9★ (205) | 0.5 mi | Delisted |
*Luxurious 3BD Cabin w/ VIEWS! Hot Tub + Fire Pit* Cabin | 3 bd · 3.5 ba · sleeps 10 | $121,676 | $448 | 74% | 5★ (100) | 0.5 mi | Airbnb |
Stunning Smoky Mt Views | Hot Tub, Fire Pit & More Cabin
| 3 bd · 2.5 ba · sleeps 10 | $86,549 | $374 | 63% | 4.8★ (65) | 0.5 mi | AirbnbVrboBooking |
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
Est. revenue
$72,020
NOI
$28,267
Cash flow /mo
$2,356
Cash needed
$976,196
Cash-on-cash (all cash)
2.9%
ROE (yr 1)
5.7%
Cap rate
3.1%
DSCR
—
Year-1 write-off
$135,811
Year-1 tax shield @ 32%
$43,460
Year-1 return on equity
- Cash flow (annual)$28,267
- Principal paydown (n/a, cash)$0
- Appreciation at%$27,597
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)$14,404
- Platform fees (3% of revenue)$2,161
- Maintenance / capex (5% of revenue)$3,601
- Utilities & supplies$4,200
- HOA$10,140
- Property tax$3,728
- Insurance (STR-rated)$5,519
Cash needed to close
- Purchase price (all cash)$919,900
- Closing costs (4.0%)$36,796
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$43,460
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
$782,000
Short-life (5/15-yr)
$116,000 · 15%
Year-1 deduction
$136,000
Year-1 tax shield @ 32%
$43,000
Land 15% (market default, no usable tax-record split) · building $666,000 over 39 years · new furniture $20,000
Based on: 1,934 sq ft, built 2022, 3 bd / 3.5 ba, unfurnished, listing features (hot tub, pool, patio, fireplace, stone counters, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $83,000 in year 1 (8% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $21,100
Kitchen cabinetsdefault
$10,000 new × 84% good × 2.51 allocation
- $21,600
Kitchen countertops (stone)listing
$10,300 new × 84% good × 2.51 allocation
- $7,100
Decorative trimdefault
$3,400 new × 84% good × 2.51 allocation
- $800
Mirrorsdefault
$500 new × 67% good × 2.51 allocation
- $2,500
Shelvingdefault
$1,200 new × 84% good × 2.51 allocation
- $7,100
Window coverings (19)default
$4,800 new × 60% good × 2.51 allocation
- $18,000
Kitchen & laundry equipment plumbingdefault
$7,800 new × 92% good × 2.51 allocation
- $10,900
Kitchen, laundry & data equipment electricaldefault
$4,700 new × 92% good × 2.51 allocation
- $12,900
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 67% good × 2.51 allocation
- $13,500
Hot tub (freestanding)listing
$9,000 new × 60% good × 2.51 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $490,500
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$209,700 new × 93% good × 2.51 allocation
- $50,200
Building plumbing & fixturesdefault
$21,800 new × 92% good × 2.51 allocation
- $50,200
Building electrical & lightingdefault
$21,800 new × 92% good × 2.51 allocation
- $43,700
HVACdefault
$21,800 new × 80% good × 2.51 allocation
- $26,200
Hardwood & tile floorsdefault
$12,400 new × 84% good × 2.51 allocation
- $5,500
Fireplacelisting
$2,600 new × 84% good × 2.51 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $135,100 | $0 | $700 | $135,800 |
| 2 | $0 | $0 | $17,100 | $17,100 |
| 3 | $0 | $0 | $17,100 | $17,100 |
| 4 | $0 | $0 | $17,100 | $17,100 |
| 5 | $0 | $0 | $17,100 | $17,100 |
| 6+ | $0 | $0 | $597,300 | $597,300 |
| Total | $135,100 | $0 | $666,300 | $801,400 |
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.