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687 Left Turn

687 Left Turn

Blue Ridge, GA 30513

$795,000

2 bd · 2 ba · 1,580 sqft · Listed 11d ago

View on Realtor.com →
Est. land %

Year built

2026

Sqft

1,580

Lot sqft

71,874

HOA / mo

None

Furnished

Yes

List date

2026-09-16T23:18:15.000000Z

Revenue

Annual revenue

$40,964

ADR

$196

Occupancy

57%

Cleaning fees (12 mo)

$9,000

Confidence

Med (60.55), 24 comps

Comp revenue range (p25 / median / p75)

$28,154$39,174$49,231
  • Pocahontas Cabin w/ Mtn View and Indoor Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 331 ft

    Revenue $34,342ADR $176Occ ≈ 53%4.9★ (82)

    AirbnbVrbo

  • Katahdin Cabin Tranquil inside Hot tub!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $35,896ADR $175Occ ≈ 56%4.7★ (96)

    AirbnbVrbo

  • Tranquil Modern Luxury Cabin Escape

    Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi

    Revenue $58,501ADR $271Occ ≈ 59%4.9★ (137)

    AirbnbVrbo

  • Streams & Dreams • Hot Tub•Pet Friendly•Blue Ridge

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.1 mi

    Revenue $55,118ADR $212Occ ≈ 71%4.8★ (198)

    AirbnbVrbo

  • Cuttin’ up Cabin by Sawartist

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $36,958ADR $177Occ ≈ 57%4.5★ (62)

    Airbnb

  • Love Nest in Blue Ridge

    Chalet · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $40,916ADR $164Occ ≈ 68%4.5★ (91)

    Booking

  • Cozy Romantic Cabin with Beautiful View! Hot Tub! Near Downtown! As Low As 125!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $68,098ADR $201Occ ≈ 93%5★ (619)

    Vrbo

  • Newly Constructed Modern Farmhouse w/ Hot Tub

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.2 mi

    Revenue $49,042ADR $308Occ ≈ 44%5★ (139)

    AirbnbVrboBooking

  • BUDDHA BLUE RIDGE DREAMCATCHER ~ 2Bd 2Bth Brand New Custom Cabin 2 miles to town

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.2 mi

    Revenue $21,812ADR $368Occ ≈ 16%5★ (43)

    Vrbo

  • Eagles Nest with an amazing view and hot tub

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.2 mi

    Revenue $39,534ADR $184Occ ≈ 59%5★ (175)

    Airbnb

Show all 24 comps
  • The Treehouse | Hot Tub | Retreat to Nature

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $49,799ADR $258Occ ≈ 53%4.9★ (120)

    AirbnbVrbo

  • Cozy cabin with indoor hot tub

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $45,423ADR $214Occ ≈ 58%5★ (1)

    Airbnb

  • *Specials/2 King beds/View/Fire Pit/HotTub/Dogs OK

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $34,521ADR $258Occ ≈ 37%4.9★ (378)

    Airbnb

  • Views, Hot Tub, Fire Pit & 10 Min to Downtown BR

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $62,578ADR $256Occ ≈ 67%5★ (56)

    AirbnbVrbo

  • Grizzley Gulch- Hot Tub, Arcade Game, Firepit

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $39,685ADR $314Occ ≈ 35%4.9★ (20)

    AirbnbVrboBooking

  • Vista Cabin Getaway – Perfect Views + Dog Friendly

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $28,140ADR $139Occ ≈ 55%4.9★ (17)

    AirbnbVrbo

  • Enchanting cabin in Blue Ridge area!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    Revenue $18,750ADR $208Occ ≈ 25%4.8★ (9)

    Vrbo

  • Cozy Cabin, Pioneer Lodge, Hot Tub, min from Blue

    Cabin · 2 bd · 1.5 ba · sleeps 6 · 0.5 mi

    Revenue $39,161ADR $224Occ ≈ 48%4.9★ (149)

    AirbnbVrboBooking

  • *Specials/View/Dog Friendly/Quiet/Into Thin Ayer

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.6 mi

    Revenue $15,950ADR $191Occ ≈ 23%4.8★ (152)

    Airbnb

  • New A-Frame - Mountain Views, Hot Tub & Fire Pit

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.7 mi

    Revenue $9,615ADR $192Occ ≈ 14%5★ (18)

    AirbnbVrbo

  • Cabin 5 Min to Town*Arcade*Fireplaces*Firepit*

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.7 mi

    Revenue $17,946ADR $162Occ ≈ 30%4.9★ (146)

    AirbnbVrbo

  • Blue Ridge- 2 bedroom cabin.

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.7 mi

    Revenue $28,158ADR $188Occ ≈ 41%5★ (202)

    AirbnbVrbo

  • Overlook Retreat - Mountain Views & Pet-Friendly!

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $50,109ADR $336Occ ≈ 41%4.6★ (9)

    AirbnbVrboBooking

  • Mountain View Cabin |10 min from Blue Ridge

    Cabin · 2 bd · 1 ba · sleeps 4 · 0.8 mi

    Revenue $39,186ADR $154Occ ≈ 70%4.9★ (204)

    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

Financing

Est. revenue

$40,964

NOI

$10,785

Cash flow /mo

$899

Cash needed

$826,800

Cash-on-cash (all cash)

1.3%

ROE (yr 1)

4.2%

Cap rate

1.4%

DSCR

—

Year-1 write-off

$180,780

Year-1 tax shield @ 32%

$57,850

Year-1 return on equity

  • Cash flow (annual)$10,785
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$23,850
ROE4.2%
ROE incl. year-1 tax savings (32% bracket, STR loophole)11.2%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$8,193
  • Platform fees (3% of revenue)$1,229
  • Maintenance / capex (5% of revenue)$2,048
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$6,042
  • Insurance (STR-rated)$8,467

Cash needed to close

  • Purchase price (all cash)$795,000
  • Closing costs (4.0%)$31,800
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$57,850

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

$677,000

Short-life (5/15-yr)

$179,000 · 26%

Year-1 deduction

$181,000

Year-1 tax shield @ 32%

$58,000

Land 15% (market default, no usable tax-record split) · building $498,000 over 39 years

Based on: 1,580 sq ft, built 2026, 2 bd / 2 ba, furnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $100,000 in year 1 (15% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$116,200
  • Kitchen cabinetsdefault

    $9,300 new × 100% good × 2.00 allocation

    $18,500
  • Kitchen countertops (stone)listing

    $9,500 new × 100% good × 2.00 allocation

    $18,900
  • Decorative trimdefault

    $2,800 new × 100% good × 2.00 allocation

    $5,500
  • Mirrorsdefault

    $300 new × 100% good × 2.00 allocation

    $600
  • Shelvingdefault

    $900 new × 100% good × 2.00 allocation

    $1,800
  • Window coverings (16)default

    $4,000 new × 100% good × 2.00 allocation

    $8,000
  • Kitchen & laundry equipment plumbingdefault

    $7,200 new × 100% good × 2.00 allocation

    $14,400
  • Kitchen, laundry & data equipment electricaldefault

    $4,400 new × 100% good × 2.00 allocation

    $8,700
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 100% good × 2.00 allocation

    $15,400
  • Hot tub (freestanding)listing

    $9,000 new × 100% good × 2.00 allocation

    $18,000
  • Furniture conveyed with the sale (used)listing

    $16,000 new × 40% good · out of the price

    $6,400
15-year land improvements$63,000
  • Paving: driveway & walks (paved)default

    $8,200 new × 100% good × 2.00 allocation

    $16,500
  • Landscaping (minimal)listing

    $4,000 new × 100% good × 2.00 allocation

    $7,900
  • Patiosdefault

    $1,600 new × 100% good × 2.00 allocation

    $3,100
  • Decks & porches (attached)listing

    $17,800 new × 100% good × 2.00 allocation

    $35,500
Building, 39-year$497,500
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $171,400 new × 100% good × 2.00 allocation

    $342,400
  • Building plumbing & fixturesdefault

    $17,800 new × 100% good × 2.00 allocation

    $35,500
  • Building electrical & lightingdefault

    $17,300 new × 100% good × 2.00 allocation

    $34,600
  • HVACdefault

    $17,800 new × 100% good × 2.00 allocation

    $35,600
  • Hardwood & tile floorsdefault

    $10,200 new × 100% good × 2.00 allocation

    $20,300
  • Fireplacelisting

    $2,600 new × 100% good × 2.00 allocation

    $5,300
  • Septic systemlisting

    $12,000 new × 100% good × 2.00 allocation

    $24,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$116,200$63,000$1,600$180,800
2$0$0$12,800$12,800
3$0$0$12,800$12,800
4$0$0$12,800$12,800
5$0$0$12,800$12,800
6+$0$0$444,900$444,900
Total$116,200$63,000$497,500$676,700

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: Georgia disallows bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

Fannin and Gilmer counties require STR registration and lodging tax; no cap found. Blue Ridge and Ellijay city limits have their own rules; most cabins are in unincorporated county.