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2251 Upper Middle Creek Rd Unit 24

2251 Upper Middle Creek Rd Unit 24

Sevierville, TN 37876

$639,000

4 bd · 3 ba · 2,176 sqft · Listed 1d ago

View on Realtor.com →
Est. land %

Year built

2007

Sqft

2,176

Lot sqft

—

HOA / mo

$300

Furnished

No

List date

2026-11-01T20:48:54.000000Z

Revenue

Annual revenue

$64,658

ADR

$338

Occupancy

52%

Cleaning fees (12 mo)

$11,486

Confidence

Low (45.96), 46 comps

Comp revenue range (p25 / median / p75)

$36,500$50,378$70,134

Median revenue of shown comps: $50,378

  • Amazing Views & 5 miles from Dollywood / Parkway 4 bedroom + game room + WiFi

    Cabin · 4 bd · 3 ba · sleeps 12 · 3 ft

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $67,164ADR $388Occ ≈ 47%4.8★ (211)

    Vrbo

  • Fall Getaway• Mountain Views• Hot Tub• Dollywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 16 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $44,954ADR $347Occ ≈ 35%4.7★ (24)

    AirbnbVrboBooking

  • Panoramic MtnVws-EVChgr-PoolTbl-HotTub-NearDlywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 302 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +6

    Revenue $48,758ADR $328Occ ≈ 41%5★ (30)

    AirbnbVrboBooking

  • All About The View-great views, close to Dollywood

    Cabin · 4 bd · 3 ba · sleeps 10 · 305 ft

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

    Revenue $64,072ADR $346Occ ≈ 51%3.9★ (45)

    AirbnbVrboBooking

  • Million Dollar Views | Dog Friendly Escape

    Cabin · 4 bd · 3 ba · sleeps 12 · 305 ft

    Revenue $75,778ADR $354Occ ≈ 59%5★ (163)

    Airbnb

  • Moonlight Getaway- great view, near pigeon forge

    Cabin · 4 bd · 3 ba · sleeps 10 · 305 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $64,297ADR $359Occ ≈ 49%4.2★ (20)

    AirbnbVrboBooking

  • Dad's Cabin: Mountain Views+pets+Dollywood+Hot Tub

    Cabin · 4 bd · 3 ba · sleeps 9 · 312 ft

    Revenue $44,309ADR $296Occ ≈ 41%4.8★ (135)

    Airbnb

  • Game Room + Arcade • Hot-Tub • MTN Views

    Cabin · 4 bd · 3 ba · sleeps 10 · 322 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $14,007ADR $305Occ ≈ 13%4.8★ (10)

    Airbnb

  • Eagle's Perch | MTN views | Hot Tub | Game Room!

    Cabin · 4 bd · 3 ba · sleeps 9 · 325 ft

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

    Revenue $22,178ADR $319Occ ≈ 19%4.5★ (10)

    AirbnbVrbo

  • Beartastic Mountain View by Avada Properties

    Vacation home · 4 bd · 4 ba · sleeps 10 · 325 ft

    Revenue $51,817ADR $213Occ ≈ 67%—

    Booking

Show 26 more
  • Mtn Range View-Pet OK-Hot Tub-Close to Attractions

    Cabin · 4 bd · 3 ba · sleeps 10 · 374 ft

    Revenue $57,759ADR $313Occ ≈ 51%4.8★ (274)

    AirbnbBooking

  • Summit Creek Lodge/Mtn Views/Hot Tub/Sleeps 12

    Cabin · 4 bd · 3 ba · sleeps 12 · 407 ft

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

    Revenue $5,351ADR $278Occ ≈ 5%5★ (1)

    AirbnbVrboBooking

  • 10% OFF! Just Renovated | Mountain Views| Location

    Cabin · 4 bd · 3 ba · sleeps 12 · 430 ft

    Revenue $14,572ADR $373Occ ≈ 11%4.9★ (227)

    Airbnb

  • 3 decks w/ Amazing Mtn Views, Game Rm, Hot Tub!

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.1 mi

    Revenue $38,428ADR $378Occ ≈ 28%4.8★ (132)

    Airbnb

  • Majestic Views | Prime Location | Game Room | 4BR

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

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

    Revenue $44,364ADR $280Occ ≈ 43%5★ (31)

    Airbnb

  • Superior MTN Views| HotTub | GameRoom | Sleeps 12

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $33,744ADR $336Occ ≈ 28%4.7★ (43)

    AirbnbVrbo

  • Bear Watch | Views + Hot Tub + Games | Sleeps 12

    House · 4 bd · 3 ba · sleeps 12 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $31,160ADR $395Occ ≈ 22%5★ (17)

    AirbnbVrbo

  • Mountain View • Hot Tub • Dogs OK • Sleeps 12

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

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

    Revenue $44,670ADR $361Occ ≈ 34%4.8★ (11)

    AirbnbVrboBooking

  • Mtn Views • Hot Tub • Game Room • 10 min Dollywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

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

    Revenue $38,355ADR $343Occ ≈ 31%5★ (30)

    AirbnbVrbo

  • 4BR w/Mountain Views! Hot Tub*Sauna*Near Dollywood

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $49,061ADR $421Occ ≈ 32%5★ (15)

    AirbnbVrbo

  • Million-Dollar Views • 3 Kings • Near Dollywood

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $58,478ADR $360Occ ≈ 45%5★ (43)

    AirbnbVrbo

  • Mtn VIEWS! Close to Dollywood +Hot tub, Pool table

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

    Revenue $57,048ADR $366Occ ≈ 43%4.9★ (214)

    Airbnb

  • Grand Mountain View Lodge By Ghosal Lodging

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.1 mi

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

    Revenue $59,409ADR $386Occ ≈ 42%4.8★ (45)

    AirbnbVrboBooking

  • Cozy 4BD w/ Breathtaking VIEWS! Arcade + HOT TUB!

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.1 mi

    Revenue $64,207ADR $290Occ ≈ 61%4.7★ (125)

    Airbnb

  • NEW! Modern, Cozy & Fun Fam Gem Game Room HotTub

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $124,460ADR $528Occ ≈ 65%4.8★ (216)

    Airbnb

  • Secluded 4BRMountain Retreat:Stunning Views, Pool Table, Arcade, HotTub, FirePit

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.3 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $112,260ADR $446Occ ≈ 69%5★ (209)

    Vrbo

  • Smoky Mtn Views | Hot Tub · Pool Table

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $134,333ADR $539Occ ≈ 68%4.9★ (223)

    AirbnbVrboBooking

  • 4 king beds, hot tub, mountain view!

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.3 mi

    Revenue $71,891ADR $397Occ ≈ 50%4.7★ (24)

    AirbnbBooking

  • Knotty But Nice | 4 King Suites & Hot Tub

    Cabin · 4 bd · 4 ba · sleeps 12 · 0.3 mi

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

    Revenue $51,694ADR $377Occ ≈ 38%4.8★ (6)

    AirbnbVrboBooking

  • Game & Movie Room • Hot Tub • Fire Pit • WiFi

    House · 4 bd · 2 ba · sleeps 12 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $45,115ADR $258Occ ≈ 48%5★ (58)

    AirbnbVrbo

  • Peaceful Stay Hot Tub, Views, Near Pigeon Forge

    Vacation home · 4 bd · 3 ba · sleeps 9 · 0.4 mi

    Revenue $77,340ADR $375Occ ≈ 57%5★ (2)

    Booking

  • Peaceful Stay | Hot Tub, Views, Near Pigeon Forge

    House · 4 bd · 3.5 ba · sleeps 12 · 0.4 mi

    Revenue $17,035ADR $421Occ ≈ 11%4.5★ (8)

    Delisted

  • Spectacular Views | Hot Tub, Firepit & Theater

    Cabin · 4 bd · 3.5 ba · sleeps 12 · 0.4 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +5

    Revenue $71,124ADR $388Occ ≈ 50%4.9★ (29)

    AirbnbVrboBooking

  • 25%OFF~4BR~Views~Hot Tub~10 Min to the Parkway

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.7 mi

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

    Revenue $77,246ADR $378Occ ≈ 56%4.9★ (173)

    AirbnbVrbo

  • Tanasi Retreat Game Room Corn Hole Gas Grill

    House · 4 bd · 2 ba · sleeps 10 · 0.7 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $896ADR $224Occ ≈ 1%4.7★ (3)

    Airbnb

  • Rustic Mountain Cabin w/ Hot Tub & Fireplaces

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.7 mi

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

    Revenue $46,472ADR $373Occ ≈ 34%3★ (3)

    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
Management

Est. revenue

$64,658

NOI

$32,341

Cash flow /mo

$2,695

Cash needed

$693,560

Cash-on-cash (all cash)

4.7%

ROE (yr 1)

7.4%

Cap rate

5.1%

DSCR

—

Year-1 write-off

$138,594

Year-1 tax shield @ 32%

$44,350

Year-1 return on equity

  • Cash flow (annual)$32,341
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$19,170
ROE7.4%

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)$12,932
  • Platform fees (3% of revenue)$1,940
  • Maintenance / capex (5% of revenue)$3,233
  • Utilities & supplies$4,200
  • HOA$3,600
  • Property tax$2,579
  • Insurance (STR-rated)$3,834

Cash needed to close

  • Purchase price (all cash)$639,000
  • Closing costs (4.0%)$25,560
  • Furnishing (bought new)$29,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$44,350

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

$543,000

Short-life (5/15-yr)

$109,000 · 20%

Year-1 deduction

$139,000

Year-1 tax shield @ 32%

$44,000

Land 15% (market default, no usable tax-record split) · building $434,000 over 39 years · new furniture $29,000

Based on: 2,176 sq ft, built 2007, 4 bd / 3 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $92,000 in year 1 (11% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$90,200
  • Kitchen cabinetsdefault

    $10,600 new × 40% good × 2.10 allocation

    $8,900
  • Kitchen countertopsdefault

    $8,600 new × 40% good × 2.10 allocation

    $7,300
  • Decorative trimdefault

    $3,800 new × 40% good × 2.10 allocation

    $3,200
  • Mirrorsdefault

    $500 new × 40% good × 2.10 allocation

    $400
  • Shelvingdefault

    $1,500 new × 40% good × 2.10 allocation

    $1,300
  • Window coverings (22)default

    $5,500 new × 40% good × 2.10 allocation

    $4,600
  • Carpet, vinyl & laminate (33% of floors)listing

    $4,700 new × 40% good × 2.10 allocation

    $3,900
  • Kitchen & laundry equipment plumbingdefault

    $8,200 new × 62% good × 2.10 allocation

    $10,700
  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 62% good × 2.10 allocation

    $6,500
  • Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)listing

    $8,100 new × 40% good × 2.10 allocation

    $6,800
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.10 allocation

    $7,600
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
  • Game-room equipment bought newlisting

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

    $6,000
15-year land improvements$48,000
  • Paving: driveway & walks (paved)listing

    $9,700 new × 50% good × 2.10 allocation

    $10,200
  • Landscaping (typical)default

    $9,300 new × 50% good × 2.10 allocation

    $9,800
  • Patiosdefault

    $2,100 new × 50% good × 2.10 allocation

    $2,300
  • Decks & porches (attached)listing

    $24,500 new × 50% good × 2.10 allocation

    $25,700
Building, 39-year$434,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $235,800 new × 68% good × 2.10 allocation

    $339,000
  • Building plumbing & fixturesdefault

    $24,500 new × 62% good × 2.10 allocation

    $32,000
  • Building electrical & lightingdefault

    $24,900 new × 62% good × 2.10 allocation

    $32,400
  • HVACdefault

    $24,500 new × 40% good × 2.10 allocation

    $20,600
  • Hardwood & tile floorsdefault

    $9,300 new × 40% good × 2.10 allocation

    $7,900
  • Fireplacelisting

    $2,600 new × 40% good × 2.10 allocation

    $2,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$90,200$48,000$500$138,600
2$0$0$11,100$11,100
3$0$0$11,100$11,100
4$0$0$11,100$11,100
5$0$0$11,100$11,100
6+$0$0$389,000$389,000
Total$90,200$48,000$434,000$572,100

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.