1104 Anastasia Way
Gatlinburg, TN 37738
$625,700
3 bd · 3.5 ba · 2,678 sqft · Listed today
View on Realtor.com →Year built
2022
Sqft
2,678
Lot sqft
436
HOA / mo
$275
Furnished
No
List date
2026-10-06T04:08:21.000000Z
Revenue
Annual revenue
$41,610
ADR
$251
Occupancy
45%
Cleaning fees (12 mo)
$7,532
Confidence
Low (39.07), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $30,106
Moonshine Manor by Eden Crest
Chalet · 3 bd · 4 ba · sleeps 10 · 299 ft
Revenue $56,525ADR $292Occ ≈ 53%3.8★ (7)
3BR, game room, hot tub. Resort Pool.
Cabin · 3 bd · 3.5 ba · sleeps 8 · 322 ft
Revenue $30,598ADR $308Occ ≈ 27%4.7★ (9)
3BR, hot tub, game room, resort pool.
Cabin · 3 bd · 3.5 ba · sleeps 8 · 381 ft
Revenue $25,307ADR $298Occ ≈ 23%4.5★ (13)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Brand new, 3BR, indoor pool, pickleball court! Chalet | 3 bd · 4 ba · sleeps 8 | $64,281 | $388 | 45% | 4.8★ (37) | 141 ft | AirbnbVrbo |
3BR, hot tub, resort pool, games. Cabin | 3 bd · 3.5 ba · sleeps 8 | $79,129 | $293 | 74% | 4.8★ (107) | 157 ft | AirbnbVrboBooking |
Moonshine Manor by Eden Crest Chalet | 3 bd · 4 ba · sleeps 10 | $56,525 | $292 | 53% | 3.8★ (7) | 299 ft | Booking |
Running Bear – Elegant 3-Suite Chalet with Hot Tub Chalet
| 3 bd · 3 ba · sleeps 10 | $47,169 | $307 | 42% | 5★ (8) | 302 ft | AirbnbVrboBooking |
Brand new, 3BR, indoor pool, pickleball court! Chalet | 3 bd · 3.5 ba · sleeps 8 | $36,395 | $491 | 20% | — | 308 ft | AirbnbBooking |
3BR, game room, hot tub. Resort Pool. Cabin | 3 bd · 3.5 ba · sleeps 8 | $30,598 | $308 | 27% | 4.7★ (9) | 322 ft | Airbnb |
Heaps O'fun – Stylish 3-Bed Chalet with Hot Tub & Chalet
| 3 bd · 3.5 ba · sleeps 8 | $24,601 | $305 | 22% | 4.5★ (4) | 335 ft | AirbnbVrboBooking |
3BR, hot tub, game room, resort pool. Cabin | 3 bd · 3.5 ba · sleeps 8 | $16,376 | $287 | 16% | 4.9★ (58) | 335 ft | AirbnbVrboBooking |
3BR, hot tub, game room, resort pool. Cabin | 3 bd · 3.5 ba · sleeps 8 | $25,307 | $298 | 23% | 4.5★ (13) | 381 ft | Airbnb |
A Moments Peace – Game Loft, Hot Tub and Resort Po Chalet
| 3 bd · 3.5 ba · sleeps 8 | $29,613 | $321 | 25% | 4.9★ (7) | 384 ft | AirbnbVrboBooking |
Show 20 more
Gatlinburg 95 - Three Bedroom Villa, Sleeps 8
Villa · 3 bd · 4 ba · sleeps 8 · 384 ft
Revenue $3,958ADR $263Occ ≈ 4%—
Gatlinburg 57 - Three Bedroom Villa, Sleeps 8
Villa · 3 bd · 4 ba · sleeps 8 · 433 ft
Revenue $6,533ADR $261Occ ≈ 7%—
Smoky Pines Chalet – Modern 3-BR with Hot Tub, Game Room and Resort Pool
Vacation home · 3 bd · 3 ba · sleeps 10 · 492 ft
Revenue $59,722ADR $406Occ ≈ 40%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Gatlinburg 95 - Three Bedroom Villa, Sleeps 8 Villa | 3 bd · 4 ba · sleeps 8 | $3,958 | $263 | 4% | — | 384 ft | Vrbo |
Bear Vue Point - Luxury 3BR Gatlinburg Chalet Chalet
| 3 bd · 3.5 ba · sleeps 8 | $28,750 | $310 | 25% | 4.4★ (5) | 430 ft | AirbnbVrboBooking |
Gatlinburg 57 - Three Bedroom Villa, Sleeps 8 Villa | 3 bd · 4 ba · sleeps 8 | $6,533 | $261 | 7% | — | 433 ft | Vrbo |
3BR, game room, hot tub. Resort Pool. Cabin | 3 bd · 3.5 ba · sleeps 8 | $20,977 | $312 | 18% | 4.8★ (22) | 440 ft | AirbnbVrboBooking |
3BR, hot tub, game room. Resort pool Cabin
| 3 bd · 3.5 ba · sleeps 8 | $36,577 | $297 | 34% | 4.9★ (18) | 446 ft | AirbnbVrboBooking |
Smoky Pines Chalet – Modern 3-BR with Hot Tub, Game Room and Resort Pool Vacation home | 3 bd · 3 ba · sleeps 10 | $59,722 | $406 | 40% | 5★ (1) | 492 ft | Booking |
Smoky Pines Chalet – Modern 3-BR with Hot Tub, Ga Chalet
| 3 bd · 3.5 ba · sleeps 10 | $27,849 | $312 | 24% | 5★ (7) | 505 ft | AirbnbVrboBooking |
3BR, game room, resort pool. Cabin | 3 bd · 3.5 ba · sleeps 10 | $31,525 | $324 | 27% | 4.3★ (45) | 0.1 mi | AirbnbVrbo |
Indoor Pool, Theater Room, Game Area - Aqua Vitae Chalet
| 3 bd · 4 ba · sleeps 8 | $65,773 | $380 | 47% | 5★ (10) | 0.1 mi | AirbnbVrboBooking |
3BR, modern luxury, game room! Cabin | 3 bd · 3.5 ba · sleeps 10 | $14,265 | $346 | 11% | — | 0.1 mi | AirbnbBooking |
3BR, modern luxury, game room! Cabin | 3 bd · 3.5 ba · sleeps 10 | $24,779 | $305 | 22% | 4.9★ (61) | 0.1 mi | AirbnbVrbo |
3BR, hot tub, game room. Resort pool Cabin | 3 bd · 3.5 ba · sleeps 8 | $14,286 | $304 | 13% | 4.9★ (42) | 0.1 mi | AirbnbVrboBooking |
Modern 3BR, hot tub, pool table! Cabin | 3 bd · 3.5 ba · sleeps 8 | $15,182 | $313 | 13% | 4.7★ (20) | 0.1 mi | AirbnbVrboBooking |
Newly Built 10 Mins to Downtown Gatlinburg Hot Tub Cabin
| 3 bd · 3 ba · sleeps 9 | $65,949 | $346 | 52% | 4.9★ (69) | 0.1 mi | AirbnbVrboBooking |
3BR, game room, resort pool. Cabin | 3 bd · 3.5 ba · sleeps 10 | $15,870 | $269 | 16% | 4.2★ (45) | 0.1 mi | AirbnbVrboBooking |
Secluded 3BR with game room, hot tub,pet friendly! House
| 3 bd · 2.5 ba · sleeps 10 | $82,969 | $401 | 57% | 5★ (31) | 0.2 mi | AirbnbVrbo |
3BR, hot tub, screened porch. Chalet | 3 bd · 3 ba · sleeps 10 | $40,027 | $305 | 36% | 5★ (7) | 0.2 mi | AirbnbVrbo |
3BR, hot tub, screened porch. Chalet | 3 bd · 3 ba · sleeps 10 | $14,651 | $322 | 12% | 5★ (1) | 0.2 mi | AirbnbBooking |
A-Frame | Hot Tub | Game Room | Pet Friendly Cabin
| 3 bd · 2.5 ba · sleeps 8 | $52,869 | $298 | 49% | 4.8★ (30) | 0.3 mi | AirbnbVrbo |
Up & Away- near downtown Gatlinburg! Cabin | 3 bd · 3 ba · sleeps 10 | $82,032 | $278 | 81% | 4.3★ (62) | 0.3 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
$41,610
NOI
$15,731
Cash flow /mo
$1,311
Cash needed
$676,228
Cash-on-cash (all cash)
2.3%
ROE (yr 1)
5.1%
Cap rate
2.5%
DSCR
—
Year-1 write-off
$202,641
Year-1 tax shield @ 32%
$64,845
Year-1 return on equity
- Cash flow (annual)$15,731
- Principal paydown (n/a, cash)$0
- Appreciation at%$18,771
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)$8,322
- Platform fees (3% of revenue)$1,248
- Maintenance / capex (5% of revenue)$2,081
- Utilities & supplies$4,200
- HOA$3,300
- Property tax$2,974
- Insurance (STR-rated)$3,754
Cash needed to close
- Purchase price (all cash)$625,700
- Closing costs (4.0%)$25,028
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$64,845
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
$585,000
Short-life (5/15-yr)
$177,000 · 30%
Year-1 deduction
$203,000
Year-1 tax shield @ 32%
$65,000
Land 6% (county tax record, market value split) · building $408,000 over 39 years · new furniture $26,000
Based on: 2,678 sq ft, built 2022, 3 bd / 3.5 ba, unfurnished, listing features (hot tub, pool, deck, game room, fireplace, stone counters, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $147,000 in year 1 (21% short-life, $47,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,000
Kitchen cabinetsdefault
$11,700 new × 84% good × 1.12 allocation
- $11,300
Kitchen countertops (stone)listing
$11,900 new × 84% good × 1.12 allocation
- $4,400
Decorative trimdefault
$4,700 new × 84% good × 1.12 allocation
- $300
Mirrorsdefault
$500 new × 67% good × 1.12 allocation
- $1,100
Shelvingdefault
$1,200 new × 84% good × 1.12 allocation
- $4,500
Window coverings (27)default
$6,800 new × 60% good × 1.12 allocation
- $6,400
Carpet, vinyl & laminate (50% of floors)listing
$8,600 new × 67% good × 1.12 allocation
- $9,400
Kitchen & laundry equipment plumbingdefault
$9,100 new × 92% good × 1.12 allocation
- $5,700
Kitchen, laundry & data equipment electricaldefault
$5,500 new × 92% good × 1.12 allocation
- $5,800
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 67% good × 1.12 allocation
- $6,100
Hot tub (freestanding)listing
$9,000 new × 60% good × 1.12 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
- $10,100
Paving: driveway & walks (paved)default
$10,700 new × 84% good × 1.12 allocation
- $9,700
Landscaping (typical)default
$10,300 new × 84% good × 1.12 allocation
- $2,500
Patiosdefault
$2,600 new × 84% good × 1.12 allocation
- $27,100
Decks & porches (attached)listing
$30,100 new × 80% good × 1.12 allocation
- $61,300
Pool (in-ground)listing
$65,000 new × 84% good × 1.12 allocation
- $304,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$291,000 new × 93% good × 1.12 allocation
- $31,200
Building plumbing & fixturesdefault
$30,200 new × 92% good × 1.12 allocation
- $32,200
Building electrical & lightingdefault
$31,200 new × 92% good × 1.12 allocation
- $27,100
HVACdefault
$30,200 new × 80% good × 1.12 allocation
- $8,100
Hardwood & tile floorsdefault
$8,600 new × 84% good × 1.12 allocation
- $5,000
Fireplaces (2)listing
$5,300 new × 84% good × 1.12 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $91,500 | $110,700 | $400 | $202,600 |
| 2 | $0 | $0 | $10,500 | $10,500 |
| 3 | $0 | $0 | $10,500 | $10,500 |
| 4 | $0 | $0 | $10,500 | $10,500 |
| 5 | $0 | $0 | $10,500 | $10,500 |
| 6+ | $0 | $0 | $366,100 | $366,100 |
| Total | $91,500 | $110,700 | $408,500 | $610,700 |
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: 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.