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1448 Red Cedar Ln

1448 Red Cedar Ln

Sevierville, TN 37876

$689,000

2 bd · 2.5 ba · 1,760 sqft · Listed today

View on Realtor.com →

Year built

2021

Sqft

1,760

Lot sqft

16,553

HOA / mo

$0

Furnished

No

List date

2026-10-22T00:01:15.000000Z

Revenue

Annual revenue

$44,212

ADR

$207

Occupancy

59%

Cleaning fees (12 mo)

$8,146

Confidence

Med (53.91), 20 comps

Comp revenue range (p25 / median / p75)

$29,838$39,793$61,329

Median revenue of shown comps: $36,809

  • Mountain View-Sleeps 8-FREE Tickets-Fire Pit

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 49 ft

    Revenue $19,706ADR $322Occ ≈ 17%4.8★ (6)

    AirbnbBooking

  • Wilderness Adventure - Awaken The Wild Side

    Cabin · 2 bd · 2 ba · sleeps 6 · 220 ft

    Revenue $61,711ADR $211Occ ≈ 80%4.5★ (2)

    Airbnb

  • Makin’ Memories Cabin | VIEW, outdoor fireplace

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 361 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $31,109ADR $292Occ ≈ 29%4.7★ (14)

    AirbnbVrboBooking

  • Cozy Hot Tub Cabin · 2 Fireplaces · Near Dollywood

    Cabin · 2 bd · 2 ba · sleeps 6 · 381 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $33,801ADR $250Occ ≈ 37%4.9★ (142)

    AirbnbVrbo

  • Bear Hugs: Secluded Mountain Views & Game Room

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 449 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $71,098ADR $310Occ ≈ 63%5★ (1)

    AirbnbVrbo

  • 2BR, King Bed, Fire Pit, Stunning Views, Hot Tub!

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

    Revenue $37,735ADR $173Occ ≈ 60%5★ (11)

    Airbnb

  • Tuscan Vista: 1-Level, Fenced Yard + Pet Friendly

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $74,172ADR $316Occ ≈ 64%4.5★ (21)

    AirbnbVrbo

  • Private Mini Golf • Hot Tub • Arcade • Near PF

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $72,169ADR $310Occ ≈ 64%5★ (148)

    AirbnbVrbo

  • Glamping Retreat-Tiny Home+Restored Vintage Camper

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

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $16,954ADR $229Occ ≈ 20%5★

    Vrbo

  • Perfect for couples/small families!

    Tiny house · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $17,986ADR $232Occ ≈ 21%5★ (18)

    AirbnbVrboBooking

Show 6 more

  • Cherokee Sunset: Mountain Views & Game Loft

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $45,413ADR $237Occ ≈ 52%4.1★ (13)

    AirbnbVrbo

  • "Fiesta Hills Hideaway" 2 Bedroom Cabin

    House · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $41,851ADR $254Occ ≈ 45%—

    AirbnbVrbo

  • Modern, cozy cabin with views and Hot tub

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $36,567ADR $247Occ ≈ 41%5★ (32)

    AirbnbVrboBooking

  • 20min to GSMNP & Dollywood | Hot Tub-FirePit

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

    Revenue $18,501ADR $308Occ ≈ 16%5★ (93)

    Airbnb

  • Homey Cabin W Hot Tub・2 Porches・Pool Table・Games

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $26,024ADR $194Occ ≈ 37%4.4★ (16)

    AirbnbVrboBooking

  • 2BR cabin w/ free attraction tickets & 2 porches

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $37,051ADR $202Occ ≈ 50%4.5★ (37)

    AirbnbBooking

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
Management

Est. revenue

$44,212

NOI

$21,254

Cash flow /mo

$1,771

Cash needed

$738,560

Cash-on-cash (all cash)

2.9%

ROE (yr 1)

5.7%

Cap rate

3.1%

DSCR

—

Year-1 write-off

$165,613

Year-1 tax shield @ 32%

$52,996

Year-1 return on equity

  • Cash flow (annual)$21,254
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$20,670
ROE5.7%

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)$8,842
  • Platform fees (3% of revenue)$1,326
  • Maintenance / capex (5% of revenue)$2,211
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,245
  • Insurance (STR-rated)$4,134

Cash needed to close

  • Purchase price (all cash)$689,000
  • Closing costs (4.0%)$27,560
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$52,996

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

$635,000

Short-life (5/15-yr)

$143,000 · 23%

Year-1 deduction

$166,000

Year-1 tax shield @ 32%

$53,000

Land 8% (county tax record, market value split) · building $491,000 over 39 years · new furniture $22,000

Based on: 1,760 sq ft, built 2021, 2 bd / 2.5 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 (12% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$104,900

  • Kitchen cabinetsdefault

    $9,700 new × 80% good × 2.01 allocation

    $15,600

  • Kitchen countertopsdefault

    $7,900 new × 80% good × 2.01 allocation

    $12,700

  • Decorative trimdefault

    $3,100 new × 80% good × 2.01 allocation

    $5,000

  • Mirrorsdefault

    $300 new × 58% good × 2.01 allocation

    $400

  • Shelvingdefault

    $900 new × 80% good × 2.01 allocation

    $1,500

  • Window coverings (18)default

    $4,500 new × 50% good × 2.01 allocation

    $4,500

  • Carpet, vinyl & laminate (25% of floors)listing

    $2,800 new × 58% good × 2.01 allocation

    $3,300

  • Kitchen & laundry equipment plumbingdefault

    $7,500 new × 90% good × 2.01 allocation

    $13,600

  • Kitchen, laundry & data equipment electricaldefault

    $4,500 new × 90% good × 2.01 allocation

    $8,200

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

    $7,700 new × 58% good × 2.01 allocation

    $9,000

  • Hot tub (freestanding)listing

    $9,000 new × 50% good × 2.01 allocation

    $9,100

  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000

  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$60,200

  • Paving: driveway & walks (paved)default

    $8,700 new × 80% good × 2.01 allocation

    $14,000

  • Landscaping (typical)default

    $8,400 new × 80% good × 2.01 allocation

    $13,500

  • Patiosdefault

    $1,700 new × 80% good × 2.01 allocation

    $2,800

  • Decks & porches (attached)listing

    $19,800 new × 75% good × 2.01 allocation

    $29,900
Building, 39-year$491,400

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $191,100 new × 92% good × 2.01 allocation

    $352,800

  • Building plumbing & fixturesdefault

    $19,800 new × 90% good × 2.01 allocation

    $35,900

  • Building electrical & lightingdefault

    $19,600 new × 90% good × 2.01 allocation

    $35,500

  • HVACdefault

    $19,800 new × 75% good × 2.01 allocation

    $30,000

  • Hardwood & tile floorsdefault

    $8,500 new × 80% good × 2.01 allocation

    $13,700

  • Fireplacelisting

    $2,600 new × 80% good × 2.01 allocation

    $4,200

  • Septic systemlisting

    $12,000 new × 80% good × 2.01 allocation

    $19,300

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$104,900$60,200$500$165,600
2$0$0$12,600$12,600
3$0$0$12,600$12,600
4$0$0$12,600$12,600
5$0$0$12,600$12,600
6+$0$0$440,500$440,500
Total$104,900$60,200$491,400$656,500

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.