3046 Engle Town Rd
Pigeon Forge, TN 37862
$609,000
3 bd · 2 ba · 1,700 sqft · Listed 1d ago
View on Realtor.com →Year built
1998
Sqft
1,700
Lot sqft
38,333
HOA / mo
None
Furnished
No
List date
2026-10-23T12:09:35.000000Z
Revenue
Annual revenue
$56,478
ADR
$233
Occupancy
66%
Cleaning fees (12 mo)
$8,508
Confidence
Low (37.38), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $62,237
Red Moose Lodge- Hot Tub, Arcade, Air Hockey!
Cabin · 3 bd · 2 ba · sleeps 10 · 262 ft
Revenue $12,544ADR $299Occ ≈ 11%4.8★ (82)
Delisted
Stunning Mtn View Cabin w/HotTub BBQ 8mins to town
Cabin · 3 bd · 2 ba · sleeps 8 · 305 ft
Revenue $24,002ADR $218Occ ≈ 30%4.7★ (12)
Stunning Mountain View Cabin HotTub BBQ 8mins to town
Vacation home · 3 bd · 2 ba · sleeps 6 · 335 ft
Revenue $70,614ADR $150Occ ≈ 100%3.5★ (2)
Whiskey Barrel | Pet-Friendly Retreat w/ Hot Tub, Fire Pit & Fenced Yard
Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $33,167ADR $252Occ ≈ 36%4★ (7)
Delisted
Whiskey Barrel- 3 Bedroom, Fenced Yard, Hot Tub, and Firepit- Pet Friendly
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $22,619ADR $196Occ ≈ 32%—
Smokies Sunset MTN Views Hot Tub Games MORE
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $69,063ADR $360Occ ≈ 53%3★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Red Moose Lodge- Hot Tub, Arcade, Air Hockey! Cabin | 3 bd · 2 ba · sleeps 10 | $12,544 | $299 | 11% | 4.8★ (82) | 262 ft | Delisted |
VistaBear Mineral Cabin w HotTub near attractions House
| 3 bd · 2 ba · sleeps 6 | $43,889 | $193 | 62% | 4.7★ (33) | 276 ft | AirbnbVrbo |
Stunning Mtn View Cabin w/HotTub BBQ 8mins to town Cabin | 3 bd · 2 ba · sleeps 8 | $24,002 | $218 | 30% | 4.7★ (12) | 305 ft | Airbnb |
HotTub-Cozy-MountainViews-10min to Pigeon Forge House
| 3 bd · 2 ba · sleeps 8 | $13,862 | $243 | 16% | 4.4★ (10) | 331 ft | AirbnbVrbo |
Your Home Away From Home Cabin
| 3 bd · 2 ba · sleeps 10 | $4,416 | $232 | 5% | 4.7★ (3) | 335 ft | AirbnbVrbo |
Stunning Mountain View Cabin HotTub BBQ 8mins to town Vacation home | 3 bd · 2 ba · sleeps 6 | $70,614 | $150 | 100% | 3.5★ (2) | 335 ft | Booking |
Whiskey Barrel | Pet-Friendly Retreat w/ Hot Tub, Fire Pit & Fenced Yard Cabin | 3 bd · 2 ba · sleeps 8 | $33,167 | $252 | 36% | 4★ (7) | 0.1 mi | Delisted |
Whiskey Ridge-3bdrm-Fire Pit-Pet Friendly-W/D Cabin | 3 bd · 2 ba · sleeps 8 | $5,402 | $264 | 6% | 4.2★ (46) | 0.1 mi | AirbnbBooking |
Whiskey Barrel- 3 Bedroom, Fenced Yard, Hot Tub, and Firepit- Pet Friendly Vacation home | 3 bd · 2 ba · sleeps 8 | $22,619 | $196 | 32% | — | 0.1 mi | Booking |
Smokies Sunset MTN Views Hot Tub Games MORE Vacation home | 3 bd · 2 ba · sleeps 8 | $69,063 | $360 | 53% | 3★ (1) | 0.2 mi | Booking |
Show 32 more
View and Me by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $92,147ADR $282Occ ≈ 90%—
Falcons Lodge - Mtn View Hot Tub and Pool Table
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $96,794ADR $356Occ ≈ 74%4.2★ (4)
Sunset Vista View by American Patriot Getaways
Vacation home · 3 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $83,723ADR $299Occ ≈ 77%—
Burrows - Pickle Ball, Firepit, ping pong, giant chess, sleeps 6, 3 bathrooms
Cabin · 3 bd · 3 ba · sleeps 6 · 0.3 mi
Revenue $11,567ADR $211Occ ≈ 15%5★ (12)
Delisted
Cloud Splash
Vacation home · 3 bd · 2 ba · sleeps 10 · 0.4 mi
Revenue $141,623ADR $505Occ ≈ 77%—
Eagles Nest by Venture Smoky Mountains
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.4 mi
Revenue $91,332ADR $303Occ ≈ 83%4.5★ (1)
Rustic Hideaway | Hot Tub • Game Room • Easy Roads
House · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $44,771ADR $264Occ ≈ 46%4.8★ (115)
Location*Views*Pvt Heated Pool*Fire Pit*Game Room*
Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +7
Revenue $71,308ADR $429Occ ≈ 46%4.8★ (134)
Bearly Splashed
Vacation home · 3 bd · 2 ba · sleeps 10 · 0.5 mi
Revenue $126,976ADR $496Occ ≈ 70%—
75 MILE VIEW Great Smoky Mountains
House · 3 bd · 1 ba · sleeps 6 · 0.5 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +2
Revenue $23,570ADR $202Occ ≈ 32%5★ (409)
HotTub•YesPets•Private•Firepit•Games•Fence•EZRoads
House · 3 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $20,936ADR $302Occ ≈ 19%—
Delisted
20%Off+Best Views+Sale PigeonForge+HotTub
Cabin · 3 bd · 3 ba · sleeps 10 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $81,293ADR $312Occ ≈ 71%4.8★ (229)
HOT TUB•GAMERM•SECLUDED•YESPETs•
House · 3 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $10,406ADR $2,552Occ ≈ 1%4.7★ (9)
Copper Top – 3BR/3BA Log Cabin, Hot Tub, Mtn View
Cabin · 3 bd · 3 ba · sleeps 10 · 0.6 mi
Revenue $5,419ADR $308Occ ≈ 5%—
Delisted
Mama Bears Rustic Hideaway feat. hot tub/game room
House · 3 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $1,526ADR $190Occ ≈ 2%—
Delisted
Tranquil Views|Hot Tub|Game Room| Pool Table
Cabin · 3 bd · 3 ba · sleeps 10 · 0.6 mi
Revenue $77,387ADR $330Occ ≈ 64%4.8★ (42)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Mountain-View Deck w/ Hot Tub & Porch Swing Cabin
| 3 bd · 2 ba · sleeps 8 | $93,731 | $299 | 86% | 4.8★ (146) | 0.2 mi | AirbnbVrbo |
View and Me by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 6 | $92,147 | $282 | 90% | — | 0.2 mi | Booking |
Falcons Lodge - Mtn View Hot Tub and Pool Table Vacation home | 3 bd · 2 ba · sleeps 8 | $96,794 | $356 | 74% | 4.2★ (4) | 0.2 mi | Booking |
Mountain Magic: Pool Table, Fire Pit, & Hot Tub Cabin
| 3 bd · 2.5 ba · sleeps 8 | $85,193 | $307 | 76% | 4.7★ (155) | 0.2 mi | AirbnbVrbo |
Sunset Vista View by American Patriot Getaways Vacation home | 3 bd · 3 ba · sleeps 8 | $83,723 | $299 | 77% | — | 0.3 mi | Booking |
Spacious 3BR Cabin w/ HOT TUB! Breathtaking Views! Cabin
| 3 bd · 3 ba · sleeps 9 | $85,452 | $325 | 72% | 4.7★ (93) | 0.3 mi | AirbnbVrbo |
Burrows - Pickle Ball, Firepit, ping pong, giant chess, sleeps 6, 3 bathrooms Cabin | 3 bd · 3 ba · sleeps 6 | $11,567 | $211 | 15% | 5★ (12) | 0.3 mi | Delisted |
The Burrows - Pickleball Court, Firepit & Mt Views Apartment
| 3 bd · 3 ba · sleeps 6 | $34,912 | $184 | 52% | 5★ (72) | 0.3 mi | AirbnbVrbo |
View & Location! Sleeps 8! Cabin
| 3 bd · 3 ba · sleeps 8 | $96,512 | $279 | 95% | 5★ (173) | 0.3 mi | AirbnbVrbo |
Cloud Splash Vacation home | 3 bd · 2 ba · sleeps 10 | $141,623 | $505 | 77% | — | 0.4 mi | Booking |
Bear's Bliss Luxury Cabin with Pool & Theater Vacation home
| 3 bd · 3 ba · sleeps 10 | $3,571 | $238 | 4% | 4.8★ (2) | 0.4 mi | VrboBooking |
Pool & Hot Tub In Cabin | Arcade | Stunning Views Cabin
| 3 bd · 2.5 ba · sleeps 10 | $94,185 | $434 | 59% | 5★ (194) | 0.4 mi | AirbnbVrbo |
70" TV, HUGE 84° Heated Pool, Pool Table, Fire Pit Cabin
| 3 bd · 2.5 ba · sleeps 10 | $129,645 | $410 | 87% | 5★ (260) | 0.4 mi | AirbnbVrbo |
Eagles Nest by Venture Smoky Mountains Vacation home | 3 bd · 2 ba · sleeps 8 | $91,332 | $303 | 83% | 4.5★ (1) | 0.4 mi | Booking |
Rustic Hideaway | Hot Tub • Game Room • Easy Roads House
| 3 bd · 2.5 ba · sleeps 10 | $44,771 | $264 | 46% | 4.8★ (115) | 0.5 mi | Airbnb |
Sevierville Cabin w/ Deck: Minutes to Pigeon Forge Cabin
| 3 bd · 2 ba · sleeps 8 | $55,411 | $320 | 47% | 4.7★ (215) | 0.5 mi | AirbnbVrboBooking |
Location*Views*Pvt Heated Pool*Fire Pit*Game Room* Cabin
| 3 bd · 2.5 ba · sleeps 10 | $71,308 | $429 | 46% | 4.8★ (134) | 0.5 mi | Airbnb |
Bearly Splashed Vacation home | 3 bd · 2 ba · sleeps 10 | $126,976 | $496 | 70% | — | 0.5 mi | Booking |
Amazing Views! Hot tub *Game Room *3 Decks *Clean Cabin | 3 bd · 3 ba · sleeps 10 | $31,471 | $358 | 24% | 4.9★ (130) | 0.5 mi | AirbnbBooking |
75 MILE VIEW Great Smoky Mountains House
| 3 bd · 1 ba · sleeps 6 | $23,570 | $202 | 32% | 5★ (409) | 0.5 mi | Airbnb |
Mama Bear Lodge Ft. Hot Tub•Game Rm House
| 3 bd · 2.5 ba · sleeps 10 | $39,043 | $231 | 46% | 4.5★ (24) | 0.6 mi | AirbnbVrbo |
Private and Mtn Top Horizon Views of Pigeon Forge Cabin
| 3 bd · 2 ba · sleeps 7 | $71,241 | $252 | 77% | 4.9★ (250) | 0.6 mi | AirbnbVrbo |
Private Views | Hot Tub•Fire Pit•Pool Table in PF Cabin
| 3 bd · 2 ba · sleeps 6 | $79,262 | $281 | 77% | 4.9★ (168) | 0.6 mi | AirbnbVrbo |
HotTub•YesPets•Private•Firepit•Games•Fence•EZRoads House | 3 bd · 2.5 ba · sleeps 10 | $20,936 | $302 | 19% | — | 0.6 mi | Delisted |
20%Off+Best Views+Sale PigeonForge+HotTub Cabin
| 3 bd · 3 ba · sleeps 10 | $81,293 | $312 | 71% | 4.8★ (229) | 0.6 mi | Airbnb |
Copper Top - only 5 minutes from Pigeon Forge! Cabin
| 3 bd · 3 ba · sleeps 10 | $76,817 | $342 | 62% | 5★ (1) | 0.6 mi | AirbnbVrbo |
HOT TUB•GAMERM•SECLUDED•YESPETs• House | 3 bd · 2.5 ba · sleeps 10 | $10,406 | $2,552 | 1% | 4.7★ (9) | 0.6 mi | Airbnb |
Copper Top – 3BR/3BA Log Cabin, Hot Tub, Mtn View Cabin | 3 bd · 3 ba · sleeps 10 | $5,419 | $308 | 5% | — | 0.6 mi | Delisted |
Premium View! 5 min to Parkway | Top 5% Cabin
| 3 bd · 3 ba · sleeps 10 | $45,338 | $291 | 43% | 5★ (30) | 0.6 mi | AirbnbVrbo |
Mama Bears Rustic Hideaway feat. hot tub/game room House | 3 bd · 2.5 ba · sleeps 10 | $1,526 | $190 | 2% | — | 0.6 mi | Delisted |
Tranquil Views|Hot Tub|Game Room| Pool Table Cabin | 3 bd · 3 ba · sleeps 10 | $77,387 | $330 | 64% | 4.8★ (42) | 0.6 mi | Airbnb |
Pet Friendly · Hot Tub · Mins to Dollywood · Views Cabin
| 3 bd · 2 ba · sleeps 10 | $93,668 | $288 | 89% | 5★ (263) | 0.7 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
Est. revenue
$56,478
NOI
$31,322
Cash flow /mo
$2,610
Cash needed
$658,860
Cash-on-cash (all cash)
4.8%
ROE (yr 1)
7.5%
Cap rate
5.1%
DSCR
—
Year-1 write-off
$161,476
Year-1 tax shield @ 32%
$51,672
Year-1 return on equity
- Cash flow (annual)$31,322
- Principal paydown (n/a, cash)$0
- Appreciation at%$18,270
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)$11,296
- Platform fees (3% of revenue)$1,694
- Maintenance / capex (5% of revenue)$2,824
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,488
- Insurance (STR-rated)$3,654
Cash needed to close
- Purchase price (all cash)$609,000
- Closing costs (4.0%)$24,360
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$51,672
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
$577,000
Short-life (5/15-yr)
$136,000 · 23%
Year-1 deduction
$161,000
Year-1 tax shield @ 32%
$52,000
Land 5% (county tax record, market value split) · building $442,000 over 39 years · new furniture $26,000
Based on: 1,700 sq ft, built 1998, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $101,000 in year 1 (13% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,600
Kitchen cabinetsdefault
$9,500 new × 40% good × 3.30 allocation
- $10,300
Kitchen countertopsdefault
$7,800 new × 40% good × 3.30 allocation
- $3,900
Decorative trimdefault
$3,000 new × 40% good × 3.30 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.30 allocation
- $1,600
Shelvingdefault
$1,200 new × 40% good × 3.30 allocation
- $5,600
Window coverings (17)default
$4,300 new × 40% good × 3.30 allocation
- $10,700
Kitchen & laundry equipment plumbingdefault
$7,400 new × 44% good × 3.30 allocation
- $6,500
Kitchen, laundry & data equipment electricaldefault
$4,500 new × 44% good × 3.30 allocation
- $10,200
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 3.30 allocation
- $11,900
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.30 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $14,100
Paving: driveway & walks (paved)default
$8,500 new × 50% good × 3.30 allocation
- $13,500
Landscaping (typical)default
$8,200 new × 50% good × 3.30 allocation
- $2,800
Patiosdefault
$1,700 new × 50% good × 3.30 allocation
- $31,500
Decks & porches (attached)listing
$19,100 new × 50% good × 3.30 allocation
- $323,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$184,300 new × 53% good × 3.30 allocation
- $27,700
Building plumbing & fixturesdefault
$19,100 new × 44% good × 3.30 allocation
- $27,300
Building electrical & lightingdefault
$18,800 new × 44% good × 3.30 allocation
- $25,200
HVACdefault
$19,200 new × 40% good × 3.30 allocation
- $14,400
Hardwood & tile floorsdefault
$10,900 new × 40% good × 3.30 allocation
- $3,500
Fireplacelisting
$2,600 new × 40% good × 3.30 allocation
- $19,800
Septic systemlisting
$12,000 new × 50% good × 3.30 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $99,100 | $61,900 | $500 | $161,500 |
| 2 | $0 | $0 | $11,300 | $11,300 |
| 3 | $0 | $0 | $11,300 | $11,300 |
| 4 | $0 | $0 | $11,300 | $11,300 |
| 5 | $0 | $0 | $11,300 | $11,300 |
| 6+ | $0 | $0 | $396,000 | $396,000 |
| Total | $99,100 | $61,900 | $441,700 | $602,800 |
The building's share of the price ($577,000) is 3.3x our depreciated replacement cost of the home ($175,000). 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.