519 Picadilly Ln
Gatlinburg, TN 37738
$449,000
2 bd · 3 ba · 2,080 sqft · Listed 1d ago
View on Realtor.com →Year built
1987
Sqft
2,080
Lot sqft
73,181
HOA / mo
$178
Furnished
No
List date
2026-10-25T21:15:43.000000Z
Revenue
Annual revenue
$53,999
ADR
$238
Occupancy
62%
Cleaning fees (12 mo)
$10,245
Confidence
Med (57.97), 47 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $54,179
MountainView*Peaceful*BearCubs*Romantic*HotTub
Cabin · 2 bd · 2 ba · sleeps 6 · 509 ft
Revenue $20,057ADR $223Occ ≈ 25%4.9★ (113)
Cozy Log Cabin With Mountain Views, Hot Tub, And Game Room
Chalet · 2 bd · 2 ba · sleeps 4 · 0.2 mi
Revenue $85,888ADR $279Occ ≈ 84%4.8★ (8)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Mountain Laurel Cabin | 2 bd · 2 ba · sleeps 6 | $38,120 | $191 | 55% | 5★ (119) | 121 ft | AirbnbVrbo |
Fox Den | Pet Friendly, Sun Deck, Hot Tub, Pool Cabin | 2 bd · 2 ba · sleeps 4 | $60,810 | $288 | 58% | 4.2★ (66) | 266 ft | AirbnbVrboBooking |
Pets Welcome | Modern Cabin Vibes | Hot Tub Cabin | 2 bd · 2.5 ba · sleeps 6 | $55,427 | $282 | 54% | 4.7★ (152) | 427 ft | AirbnbVrboBooking |
MountainView*Peaceful*BearCubs*Romantic*HotTub Cabin | 2 bd · 2 ba · sleeps 6 | $20,057 | $223 | 25% | 4.9★ (113) | 509 ft | Airbnb |
Fall Colors Retreat Cozy Cabin, Hot Tub, Fireplace Cabin | 2 bd · 2.5 ba · sleeps 6 | $60,717 | $250 | 67% | 5★ (161) | 0.1 mi | AirbnbVrbo |
Celestial View - Mountain views and modern cabin Cabin | 2 bd · 2.5 ba · sleeps 6 | $94,177 | $381 | 68% | 4.8★ (51) | 0.1 mi | AirbnbVrboBooking |
Mountain Treasure | Pet Friendly, Game Room, Pool! Cabin | 2 bd · 2 ba · sleeps 6 | $82,833 | $340 | 67% | 4.5★ (63) | 0.2 mi | AirbnbVrboBooking |
Wellness Retreat|HotTub|Sauna|FirePit|Creek|Hiking Cottage | 2 bd · 2 ba · sleeps 4 | $40,046 | $197 | 56% | 5★ (86) | 0.2 mi | AirbnbVrbo |
A-Frame Above It All | Hot Tub- Amazing Mtn Views Cabin | 2 bd · 2 ba · sleeps 8 | $71,343 | $263 | 74% | 4.9★ (36) | 0.2 mi | AirbnbVrboBooking |
Cozy Log Cabin With Mountain Views, Hot Tub, And Game Room Chalet | 2 bd · 2 ba · sleeps 4 | $85,888 | $279 | 84% | 4.8★ (8) | 0.2 mi | Booking |
Show 33 more
Cozy cabin in Cobbly Nob
Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $46,216ADR $216Occ ≈ 59%5★ (147)
Cozy a-frame cabin location 15 minutes to Downtown Gatlinburg - Mountain View.
Cabin · 2 bd · 3 ba · sleeps 6 · 0.3 mi
Revenue $38,109ADR $383Occ ≈ 27%5★ (1)
NEW!-Indoor Pool! Game Room~Kids Welcome!
Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $82,270ADR $410Occ ≈ 55%5★ (3)
Views+Hot Tub+TreeTops+Bears+W/D+Easy Parking
Cabin · 2 bd · 2.5 ba · sleeps 5 · 0.3 mi
Revenue $53,013ADR $249Occ ≈ 58%5★ (225)
Cozy Gatlinburg Cabin – Private Hideaway with Hot
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $2,392ADR $170Occ ≈ 4%—
Cozy Gatlinburg Cabin – Private Hideaway with Hot
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $14,934ADR $313Occ ≈ 13%—
Private! Gorgeous cabin, 9 min. dwntwn Gatlinburg
Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $14,084ADR $358Occ ≈ 11%4.2★ (5)
Cozy Gatlinburg Cabin – Private Hideaway with Hot
Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $7,069ADR $284Occ ≈ 7%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cozy cabin in Cobbly Nob Cabin | 2 bd · 2 ba · sleeps 6 | $46,216 | $216 | 59% | 5★ (147) | 0.2 mi | Vrbo |
Stunning views, hot tub, game room & spacious log Cabin | 2 bd · 2 ba · sleeps 6 | $55,237 | $249 | 61% | 4.8★ (29) | 0.2 mi | AirbnbVrbo |
Peak A View Vacation home | 2 bd · 2 ba · sleeps 4 | $61,189 | $552 | 30% | — | 0.2 mi | Booking |
Mountain Sunrise Cabin | 2 bd · 2 ba · sleeps 6 | $28,180 | $159 | 49% | 4.7★ (243) | 0.3 mi | AirbnbVrbo |
Cozy Cabin - Gorgeous Views, Hot Tub + Pool Table Cabin | 2 bd · 2 ba · sleeps 4 | $48,095 | $231 | 57% | 4.5★ (59) | 0.3 mi | AirbnbVrboBooking |
Dog Friendly-Views-Wood FP-Hot Tub-Pools-King Bed Cabin | 2 bd · 2 ba · sleeps 6 | $83,253 | $273 | 84% | 5★ (294) | 0.3 mi | AirbnbVrbo |
Cozy a-frame cabin location 15 minutes to Downtown Gatlinburg - Mountain View. Cabin | 2 bd · 3 ba · sleeps 6 | $38,109 | $383 | 27% | 5★ (1) | 0.3 mi | Vrbo |
Bears, hiking, golf, Gatlinburg, skiing & more! Cabin | 2 bd · 2 ba · sleeps 5 | $40,628 | $161 | 69% | 5★ (242) | 0.3 mi | AirbnbVrbo |
NEW!-Indoor Pool! Game Room~Kids Welcome! Cabin | 2 bd · 2 ba · sleeps 8 | $82,270 | $410 | 55% | 5★ (3) | 0.3 mi | Vrbo |
Views+Hot Tub+TreeTops+Bears+W/D+Easy Parking Cabin | 2 bd · 2.5 ba · sleeps 5 | $53,013 | $249 | 58% | 5★ (225) | 0.3 mi | Airbnb |
Cozy Gatlinburg Cabin – Private Hideaway with Hot Cabin | 2 bd · 2 ba · sleeps 6 | $2,392 | $170 | 4% | — | 0.3 mi | Airbnb |
Cozy Gatlinburg Cabin – Private Hideaway with Hot Cabin | 2 bd · 2 ba · sleeps 6 | $44,119 | $206 | 59% | 4.5★ (27) | 0.3 mi | AirbnbVrbo |
Cozy Gatlinburg Cabin – Private Hideaway with Hot Cabin | 2 bd · 2 ba · sleeps 6 | $14,934 | $313 | 13% | — | 0.3 mi | Airbnb |
Fall Haven |Mtn Views|Hot Tub|Fire Pit|Arcade House | 2 bd · 2 ba · sleeps 6 | $60,218 | $287 | 57% | 5★ (52) | 0.3 mi | AirbnbVrbo |
Private! Gorgeous cabin, 9 min. dwntwn Gatlinburg Cabin | 2 bd · 2 ba · sleeps 6 | $14,084 | $358 | 11% | 4.2★ (5) | 0.3 mi | Airbnb |
Breathtaking Views, Spacious Balcony, Hot Tub, Cabin | 2 bd · 3 ba · sleeps 7 | $61,383 | $259 | 65% | 4.8★ (26) | 0.3 mi | AirbnbVrbo |
On Eagle’s Wings | Hot Tub, Game Room, Mtn Views Cabin | 2 bd · 3 ba · sleeps 6 | $65,738 | $371 | 49% | 4.8★ (35) | 0.3 mi | AirbnbVrboBooking |
Bucky's Bungalow, Free Tickets, Hot Tub, WIFI Cabin | 2 bd · 2 ba · sleeps 6 | $56,203 | $218 | 71% | 4.2★ (35) | 0.3 mi | AirbnbVrboBooking |
2BR cabin w/shared pools & free attraction tickets Cabin | 2 bd · 2 ba · sleeps 6 | $42,515 | $246 | 47% | 4★ (14) | 0.3 mi | AirbnbVrboBooking |
Peace And Serenity Lodge - Hot Tub, Game, Views! Cabin | 2 bd · 2.5 ba · sleeps 8 | $69,192 | $247 | 77% | 5★ (40) | 0.3 mi | AirbnbVrboBooking |
Reduced Rates! Amazing Views, Hot Tub + Fireplace! Cabin | 2 bd · 2 ba · sleeps 6 | $54,179 | $276 | 54% | 4.8★ (47) | 0.3 mi | AirbnbVrboBooking |
Woodshed | Pet Friendly, Full Mountain Views! Cabin | 2 bd · 2 ba · sleeps 5 | $77,635 | $300 | 71% | 4.5★ (136) | 0.3 mi | AirbnbVrboBooking |
JJ Getaway - Cozy Cabin - Resort Pools Cabin | 2 bd · 2 ba · sleeps 8 | $49,561 | $196 | 69% | 4.7★ (37) | 0.3 mi | AirbnbVrbo |
Newly Renovated | Three Private Decks | Hot tub! Cabin | 2 bd · 2 ba · sleeps 6 | $60,266 | $270 | 61% | 4.9★ (115) | 0.4 mi | AirbnbVrbo |
Quiet Gatlinburg Retreat・Hot tub・Fireplace・Pool Cabin | 2 bd · 2 ba · sleeps 6 | $29,747 | $216 | 38% | 3.7★ (11) | 0.4 mi | AirbnbVrboBooking |
Peak Of Perfection*Gatlinburg*Hot Tub*Views Cabin | 2 bd · 3 ba · sleeps 6 | $57,427 | $271 | 58% | 4.2★ (7) | 0.4 mi | AirbnbVrbo |
Cozy Gatlinburg Cabin – Private Hideaway with Hot Cabin | 2 bd · 2 ba · sleeps 6 | $7,069 | $284 | 7% | — | 0.4 mi | Airbnb |
Smoky Mtn Views | Hot Tub | Sleeps 6 | Fireplace Cabin | 2 bd · 2 ba · sleeps 6 | $38,606 | $217 | 49% | 4.5★ (18) | 0.4 mi | AirbnbVrboBooking |
Cozy Mountain View 2B/B- Firepit Cabin | 2 bd · 2 ba · sleeps 5 | $25,760 | $223 | 32% | 4.9★ (135) | 0.4 mi | AirbnbVrbo |
Mountain Bliss-cozy cabin Gatlinburg-TN Cabin | 2 bd · 2.5 ba · sleeps 6 | $58,142 | $305 | 52% | 5★ (131) | 0.4 mi | AirbnbVrbo |
Arcade Games, Hot Tub & Fire Pit + Access to Golf Cabin | 2 bd · 2 ba · sleeps 6 | $48,603 | $223 | 60% | 4.8★ (34) | 0.4 mi | AirbnbVrboBooking |
NEW! Fifty Shades Themed-Honeymoon Cabin Cabin | 2 bd · 2 ba · sleeps 6 | $41,020 | $233 | 48% | 5★ (45) | 0.4 mi | AirbnbVrbo |
Luxury Cabin, best views of Smokies! Hot tub, more Cabin | 2 bd · 2.5 ba · sleeps 6 | $71,559 | $288 | 68% | 5★ (341) | 0.4 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
$53,999
NOI
$28,600
Cash flow /mo
-$104
Cash needed
$152,210
Cash-on-cash
-0.8%
ROE (yr 1)
9.9%
Cap rate
6.4%
DSCR
0.96
Year-1 write-off
$124,801
Year-1 tax shield @ 32%
$39,936
Year-1 return on equity
- Cash flow (annual)-$1,249
- Principal paydown$2,774
- Appreciation at%$13,470
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)$10,800
- Platform fees (3% of revenue)$1,620
- Maintenance / capex (5% of revenue)$2,700
- Utilities & supplies$4,200
- HOA$2,136
- Property tax$1,249
- Insurance (STR-rated)$2,694
Cash needed to close
- Down payment (25%)$112,250
- Closing costs (4.0%)$17,960
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$39,936
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
$382,000
Short-life (5/15-yr)
$103,000 · 27%
Year-1 deduction
$125,000
Year-1 tax shield @ 32%
$40,000
Land 15% (market default, no usable tax-record split) · building $279,000 over 39 years · new furniture $22,000
Based on: 2,080 sq ft, built 1987, 2 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $78,000 in year 1 (15% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,100
Kitchen cabinetsdefault
$10,400 new × 40% good × 2.19 allocation
- $7,400
Kitchen countertopsdefault
$8,500 new × 40% good × 2.19 allocation
- $3,200
Decorative trimdefault
$3,600 new × 40% good × 2.19 allocation
- $400
Mirrorsdefault
$500 new × 40% good × 2.19 allocation
- $800
Shelvingdefault
$900 new × 40% good × 2.19 allocation
- $4,600
Window coverings (21)default
$5,300 new × 40% good × 2.19 allocation
- $7,800
Carpet, vinyl & laminate (67% of floors)listing
$8,900 new × 40% good × 2.19 allocation
- $7,100
Kitchen & laundry equipment plumbingdefault
$8,100 new × 40% good × 2.19 allocation
- $4,300
Kitchen, laundry & data equipment electricaldefault
$4,900 new × 40% good × 2.19 allocation
- $6,700
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.19 allocation
- $7,900
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.19 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $10,400
Paving: driveway & walks (paved)default
$9,500 new × 50% good × 2.19 allocation
- $5,000
Landscaping (minimal)listing
$4,500 new × 50% good × 2.19 allocation
- $2,300
Patiosdefault
$2,100 new × 50% good × 2.19 allocation
- $25,600
Decks & porches (attached)listing
$23,400 new × 50% good × 2.19 allocation
- $198,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$225,900 new × 40% good × 2.19 allocation
- $20,500
Building plumbing & fixturesdefault
$23,400 new × 40% good × 2.19 allocation
- $20,700
Building electrical & lightingdefault
$23,600 new × 40% good × 2.19 allocation
- $20,500
HVACdefault
$23,400 new × 40% good × 2.19 allocation
- $3,900
Hardwood & tile floorsdefault
$4,500 new × 40% good × 2.19 allocation
- $2,300
Fireplacelisting
$2,600 new × 40% good × 2.19 allocation
- $13,100
Septic systemlisting
$12,000 new × 50% good × 2.19 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $81,300 | $43,200 | $300 | $124,800 |
| 2 | $0 | $0 | $7,200 | $7,200 |
| 3 | $0 | $0 | $7,200 | $7,200 |
| 4 | $0 | $0 | $7,200 | $7,200 |
| 5 | $0 | $0 | $7,200 | $7,200 |
| 6+ | $0 | $0 | $250,200 | $250,200 |
| Total | $81,300 | $43,200 | $279,100 | $403,600 |
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.