102 Baskins Creek Byp Unit 506
Gatlinburg, TN 37738
$399,000
3 bd · 3 ba · 1,140 sqft · Listed 2d ago
View on Realtor.com →Year built
1990
Sqft
1,140
Lot sqft
436
HOA / mo
$244
Furnished
No
List date
2026-11-10T17:06:41.000000Z
Revenue
Annual revenue
$61,014
ADR
$242
Occupancy
69%
Cleaning fees (12 mo)
$12,878
Confidence
Med (69.02), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $56,340
The Pioneer Unit 207
Apartment · 3 bd · 2 ba · sleeps 6 · 36 ft
Revenue $64,105ADR $364Occ ≈ 48%—
Bear Vue Point - Luxury Gatlinburg Chalet with King Suites, Game Loft, Hot Tub
Vacation home · 3 bd · 3 ba · sleeps 8 · 0.1 mi
Revenue $70,896ADR $397Occ ≈ 49%—
Gorgeous views overlooking Downtown Gatlinburg, Pet Friendly 3 bedroom! Free tickets to Dollywood
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $28,764ADR $336Occ ≈ 23%—
Pet-friendly 3 bed Dtwn GB! Free Tickts to Dollywd
House · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $72,624ADR $2,058Occ ≈ 10%—
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
The Pioneer Unit 207 Apartment | 3 bd · 2 ba · sleeps 6 | $64,105 | $364 | 48% | — | 36 ft | Booking |
Gatlinburg Chateau Condo 506 Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $33,020 | $365 | 25% | 4.3★ (49) | 82 ft | AirbnbBooking |
Spacious 3BD/3BA Condo, walk to Anakeesta & DT Condominium (condo)
| 3 bd · 3 ba · sleeps 6 | $63,323 | $242 | 72% | 4.8★ (59) | 112 ft | AirbnbVrbo |
3BR w/MTN & City Views! *Walk to GBurg*Fireplace Apartment
| 3 bd · 3 ba · sleeps 6 | $53,905 | $194 | 76% | 4.7★ (70) | 338 ft | AirbnbVrbo |
Heart of Gatlinburg - Condo 406 Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $57,414 | $266 | 59% | 4.8★ (98) | 394 ft | AirbnbBooking |
Peyton's Hideaway | Pet Friendly, Hot Tub! Cabin
| 3 bd · 3.5 ba · sleeps 10 | $100,593 | $393 | 70% | 4.1★ (114) | 0.1 mi | AirbnbVrboBooking |
Bear Vue Point - Luxury Gatlinburg Chalet with King Suites, Game Loft, Hot Tub Vacation home | 3 bd · 3 ba · sleeps 8 | $70,896 | $397 | 49% | — | 0.1 mi | Booking |
Gorgeous views overlooking Downtown Gatlinburg, Pet Friendly 3 bedroom! Free tickets to Dollywood Vacation home | 3 bd · 2 ba · sleeps 8 | $28,764 | $336 | 23% | — | 0.1 mi | Booking |
New! the Dylan House House | 3 bd · 2 ba · sleeps 8 | $16,757 | $396 | 12% | — | 0.1 mi | Airbnb |
Pet-friendly 3 bed Dtwn GB! Free Tickts to Dollywd House | 3 bd · 2 ba · sleeps 8 | $72,624 | $2,058 | 10% | — | 0.2 mi | Delisted |
Show 38 more
Hummingbird Hideaway - Tucked in the Mountains!
House · 3 bd · 4 ba · sleeps 10 · 0.2 mi
Revenue $63,046ADR $309Occ ≈ 56%4.8★ (61)
Hot Tub, Arcade, Legotable, Bunkbed!
Cabin · 3 bd · 3.5 ba · sleeps 10 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $54,320ADR $317Occ ≈ 47%5★ (116)
Brand New-1/2 mile to G'burg! Luxury Modern Cabin
Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $60,879ADR $335Occ ≈ 50%5★ (37)
Inviting 3BR Condo w/ Free Attraction Tickets
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $25,326ADR $309Occ ≈ 22%4.7★ (148)
Charming Dog-Friendly Cabin! King Beds! Sleeps 8!*
Chalet · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi
Revenue $56,789ADR $256Occ ≈ 61%5★ (5)
Hearthstone 504-Close to D/town Gatlinburg w/Pool
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.4 mi
- Pool
- A/C
- Wifi
- Kitchen
- +2
Revenue $57,842ADR $209Occ ≈ 76%5★ (50)
Walk to downtown Gatlinburg! 3 Bedrooms
Townhouse · 3 bd · 3 ba · sleeps 6 · 0.4 mi
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $57,904ADR $206Occ ≈ 77%4.8★ (234)
Polished 3BR w/ Free Attraction Tickets & Balcony
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $41,275ADR $0Occ ≈ —4.7★ (156)
Baskins Creek 510
Vacation home · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $55,053ADR $296Occ ≈ 51%5★ (2)
Baskins Creek 509
Vacation home · 3 bd · 3 ba · sleeps 8 · 0.4 mi
Revenue $55,192ADR $291Occ ≈ 52%—
Downtown Gatlinburg ~ 5 Star Prime Location ~ Walk Everywhere ~Locally Operated~
Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $74,031ADR $261Occ ≈ 78%4.8★ (480)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hummingbird Hideaway - Tucked in the Mountains! House | 3 bd · 4 ba · sleeps 10 | $63,046 | $309 | 56% | 4.8★ (61) | 0.2 mi | Airbnb |
Hummingbird Hideaway: Your Sweet Smoky Escape Cabin
| 3 bd · 3.5 ba · sleeps 8 | $52,162 | $370 | 39% | 4★ (3) | 0.3 mi | AirbnbVrbo |
Hot Tub, Arcade, Legotable, Bunkbed! Cabin
| 3 bd · 3.5 ba · sleeps 10 | $54,320 | $317 | 47% | 5★ (116) | 0.3 mi | Vrbo |
Firefly Retreat House
| 3 bd · 2 ba · sleeps 8 | $41,283 | $235 | 48% | 5★ (248) | 0.3 mi | AirbnbVrbo |
Watch the "Bear Pass" in Downtown Gatlinburg! Cabin
| 3 bd · 2 ba · sleeps 8 | $65,719 | $250 | 72% | 5★ (114) | 0.3 mi | AirbnbVrboBooking |
Brand New-1/2 mile to G'burg! Luxury Modern Cabin Cabin
| 3 bd · 2 ba · sleeps 10 | $60,879 | $335 | 50% | 5★ (37) | 0.4 mi | Airbnb |
Inviting 3BR Condo w/ Free Attraction Tickets Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $25,326 | $309 | 22% | 4.7★ (148) | 0.4 mi | Airbnb |
DJ's Station 2016 | Hot Tub + Fire Pit Cabin
| 3 bd · 3 ba · sleeps 6 | $93,531 | $363 | 71% | 5★ (22) | 0.4 mi | AirbnbVrbo |
Charming Dog-Friendly Cabin! King Beds! Sleeps 8!* Chalet | 3 bd · 2.5 ba · sleeps 8 | $56,789 | $256 | 61% | 5★ (5) | 0.4 mi | Airbnb |
Baskins Creek 510-Downtown Gatlinburg-Hot Tub Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $47,968 | $306 | 43% | 4.8★ (17) | 0.4 mi | AirbnbVrboBooking |
Beautiful Townhouse in Gatlinburg Townhouse
| 3 bd · 3 ba · sleeps 6 | $39,628 | $237 | 46% | 4.9★ (268) | 0.4 mi | AirbnbVrbo |
6th fl, 3 ensuite bath, walk downtown, view, pool Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $27,906 | $198 | 39% | 4.8★ (192) | 0.4 mi | AirbnbVrbo |
Hearthstone 504-Close to D/town Gatlinburg w/Pool Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $57,842 | $209 | 76% | 5★ (50) | 0.4 mi | Airbnb |
Walk to downtown Gatlinburg! 3 Bedrooms Townhouse
| 3 bd · 3 ba · sleeps 6 | $57,904 | $206 | 77% | 4.8★ (234) | 0.4 mi | Airbnb |
New 3 bed 3 bath townhouse downtown Gatlinburg 407 Townhouse
| 3 bd · 3 ba · sleeps 6 | $52,882 | $335 | 43% | 5★ (172) | 0.4 mi | AirbnbVrbo |
Downtown Walking Distance 3BR 2BA Condo with pool! Apartment
| 3 bd · 2 ba · sleeps 8 | $12,472 | $205 | 17% | 4.7★ (12) | 0.4 mi | AirbnbVrbo |
Polished 3BR w/ Free Attraction Tickets & Balcony Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $41,275 | $0 | — | 4.7★ (156) | 0.4 mi | Airbnb |
Baskins Creek 510 Vacation home | 3 bd · 3 ba · sleeps 8 | $55,053 | $296 | 51% | 5★ (2) | 0.4 mi | Booking |
Baskins Creek 509 Vacation home | 3 bd · 3 ba · sleeps 8 | $55,192 | $291 | 52% | — | 0.4 mi | Booking |
Downtown Gatlinburg~7 Minute Walk to Anakeesta Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $66,964 | $261 | 70% | 4.9★ (441) | 0.4 mi | AirbnbVrbo |
5* Luxury 3BR/3BA~Slps 8~800 Steps to The Village Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $79,130 | $286 | 76% | 5★ (220) | 0.4 mi | AirbnbVrboBooking |
Downtown Gatlinburg 3Bed/3Bath~Walk to town 7- min Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $68,178 | $261 | 72% | 4.8★ (117) | 0.4 mi | AirbnbVrbo |
Southern Comfort! 5 Minute Walk to Strip + POOL! Townhouse
| 3 bd · 3 ba · sleeps 8 | $52,788 | $301 | 48% | 4.8★ (177) | 0.4 mi | AirbnbVrboBooking |
Downtown Gatlinburg~Minutes walk to Downtown3Bd/Ba Condominium (condo)
| 3 bd · 3 ba · sleeps 6 | $79,171 | $273 | 79% | 5★ (219) | 0.4 mi | AirbnbVrbo |
Downtown Gatlinburg~ Elegant~ Minutes to Downtown Condominium (condo)
| 3 bd · 3 ba · sleeps 6 | $72,393 | $275 | 72% | 5★ (194) | 0.4 mi | AirbnbVrbo |
Downtown Gatlinburg~ Walking Distance to Strip Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $70,313 | $266 | 72% | 4.9★ (161) | 0.4 mi | AirbnbVrbo |
Downtown Gatlinburg~Minutes Walk to Downtown~ Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $72,289 | $281 | 70% | 4.9★ (389) | 0.4 mi | AirbnbVrbo |
4th floor, 3 ensuite, pool DWNT Walk to attraction Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $49,170 | $215 | 63% | 4.8★ (208) | 0.4 mi | AirbnbVrbo |
Baskins Creek 509 | Walk to Downtown Gatlinburg Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $50,784 | $309 | 45% | 4.9★ (12) | 0.4 mi | AirbnbVrbo |
Baskins Creek 511 - Smoky Mountain Views Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $49,229 | $299 | 45% | 4.8★ (13) | 0.4 mi | AirbnbVrboBooking |
Basecamp Gatlinburg - Walk to all of Gatlinburg! Townhouse
| 3 bd · 3 ba · sleeps 8 | $75,871 | $282 | 74% | 4.9★ (173) | 0.4 mi | AirbnbVrbo |
In Town with a Spectacular View Condominium (condo)
| 3 bd · 3 ba · sleeps 6 | $51,588 | $227 | 62% | 4.7★ (366) | 0.5 mi | AirbnbVrbo |
Homey Creekside Condo, Sleeps 8, Jetted Tub, Gym Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $56,998 | $456 | 34% | 3★ (1) | 0.5 mi | AirbnbBooking |
Inviting Creekside Condo, Sleeps 8, Jetted Tub, Gy Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $49,401 | $379 | 36% | 5★ (3) | 0.5 mi | AirbnbBooking |
Cozy Creekside Condo, Sleeps 8, Jetted Tub, Gym Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $57,207 | $454 | 35% | 5★ (1) | 0.5 mi | AirbnbBooking |
Downtown Gatlinburg ~ 5 Star Prime Location ~ Walk Everywhere ~Locally Operated~ Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $74,031 | $261 | 78% | 4.8★ (480) | 0.5 mi | Vrbo |
Top Floor New 3Bed 3Bath 10 min walk to Downtown Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $44,793 | $205 | 60% | 4.7★ (76) | 0.5 mi | AirbnbVrbo |
Downtown Gatlinburg~Hot Tub~Walk Strip in minutes Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $55,890 | $234 | 65% | 4.7★ (104) | 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
$61,014
NOI
$33,142
Cash flow /mo
$2,762
Cash needed
$434,460
Cash-on-cash (all cash)
7.6%
ROE (yr 1)
10.4%
Cap rate
8.3%
DSCR
—
Year-1 write-off
$91,311
Year-1 tax shield @ 32%
$29,219
Year-1 return on equity
- Cash flow (annual)$33,142
- Principal paydown (n/a, cash)$0
- Appreciation at%$11,970
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)$12,203
- Platform fees (3% of revenue)$1,830
- Maintenance / capex (5% of revenue)$3,051
- Utilities & supplies$4,200
- HOA$2,928
- Property tax$1,266
- Insurance (STR-rated)$2,394
Cash needed to close
- Purchase price (all cash)$399,000
- Closing costs (4.0%)$15,960
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,219
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
$318,000
Short-life (5/15-yr)
$72,000 · 22%
Year-1 deduction
$91,000
Year-1 tax shield @ 32%
$29,000
Land 20% (county tax record, market value split) · building $246,000 over 39 years · new furniture $20,000
Based on: 1,140 sq ft, built 1990, 3 bd / 3 ba, unfurnished, listing features (fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $63,000 in year 1 (14% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,600
Kitchen cabinetsdefault
$8,300 new × 40% good × 3.78 allocation
- $10,300
Kitchen countertopsdefault
$6,800 new × 40% good × 3.78 allocation
- $3,000
Decorative trimdefault
$2,000 new × 40% good × 3.78 allocation
- $700
Mirrorsdefault
$500 new × 40% good × 3.78 allocation
- $1,800
Shelvingdefault
$1,200 new × 40% good × 3.78 allocation
- $4,200
Window coverings (11)default
$2,800 new × 40% good × 3.78 allocation
- $11,100
Carpet, vinyl & laminate (100% of floors)listing
$7,300 new × 40% good × 3.78 allocation
- $9,800
Kitchen & laundry equipment plumbingdefault
$6,500 new × 40% good × 3.78 allocation
- $5,900
Kitchen, laundry & data equipment electricaldefault
$3,900 new × 40% good × 3.78 allocation
- $12,300
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing
$8,100 new × 40% good × 3.78 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $186,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$122,900 new × 40% good × 3.78 allocation
- $19,300
Building plumbing & fixturesdefault
$12,800 new × 40% good × 3.78 allocation
- $17,700
Building electrical & lightingdefault
$11,700 new × 40% good × 3.78 allocation
- $19,400
HVACdefault
$12,800 new × 40% good × 3.78 allocation
- $4,000
Fireplacelisting
$2,600 new × 40% good × 3.78 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $91,000 | $0 | $300 | $91,300 |
| 2 | $0 | $0 | $6,300 | $6,300 |
| 3 | $0 | $0 | $6,300 | $6,300 |
| 4 | $0 | $0 | $6,300 | $6,300 |
| 5 | $0 | $0 | $6,300 | $6,300 |
| 6+ | $0 | $0 | $220,900 | $220,900 |
| Total | $91,000 | $0 | $246,500 | $337,500 |
The building's share of the price ($318,000) is 3.8x our depreciated replacement cost of the home ($84,000). 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.