1637 Bench Mountain Way
Sevierville, TN 37862
$975,000
4 bd · 4.5 ba · 3,521 sqft · Listed 1d ago
View on Realtor.com →Year built
2026
Sqft
3,521
Lot sqft
28,314
HOA / mo
None
Furnished
No
List date
2026-10-29T21:30:55.000000Z
Revenue
Annual revenue
$102,911
ADR
$392
Occupancy
72%
Cleaning fees (12 mo)
$16,890
Confidence
Low (48.39), 41 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $93,485
Amazing Chalet with Hot Tub & Game Room
Chalet · 4 bd · 3.5 ba · sleeps 12 · 0.3 mi
Revenue $60,913ADR $416Occ ≈ 40%5★ (1)
Sunset Lodge
Chalet · 4 bd · 4 ba · sleeps 10 · 0.4 mi
Revenue $76,354ADR $529Occ ≈ 40%4.5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Mtn Views- Hot Tub- Mini Golf- 4mi to Pigeon Forge Cabin | 4 bd · 3.5 ba · sleeps 12 | $111,754 | $406 | 75% | 5★ (229) | 0.2 mi | AirbnbVrbo |
Lodge Mahal - Luxe True Log Cabin - Amazing Views Cabin | 4 bd · 4 ba · sleeps 10 | $121,786 | $473 | 71% | 5★ (94) | 0.3 mi | AirbnbVrbo |
Panoramic View Luxury Cabin in Wears Valley | Hot House | 4 bd · 3.5 ba · sleeps 12 | $108,690 | $412 | 72% | 4.5★ (26) | 0.3 mi | AirbnbBooking |
Endless VIEWS! 3 Decks!-Theater- Game Room-Hot Tub Cabin | 4 bd · 3.5 ba · sleeps 12 | $116,904 | $428 | 75% | 5★ (127) | 0.3 mi | AirbnbVrbo |
Amazing Chalet with Hot Tub & Game Room Chalet | 4 bd · 3.5 ba · sleeps 12 | $60,913 | $416 | 40% | 5★ (1) | 0.3 mi | Vrbo |
Brand new/Spectacular views/Easy access. House | 4 bd · 3.5 ba · sleeps 12 | $135,729 | $622 | 60% | 4.9★ (91) | 0.3 mi | AirbnbVrbo |
Amazing Chalet with Hot Tub & Game Room Chalet | 4 bd · 3.5 ba · sleeps 12 | $99,218 | $416 | 65% | 4.8★ (23) | 0.4 mi | AirbnbVrbo |
"Hideaway Dreams" 4 Bedroom Cabin House | 4 bd · 4.5 ba · sleeps 12 | $67,995 | $483 | 39% | 5★ (1) | 0.4 mi | AirbnbVrbo |
Summit at Cove Mountain | Indoor Pool + Views Chalet | 4 bd · 5 ba · sleeps 12 | $148,669 | $648 | 63% | 5★ (141) | 0.4 mi | AirbnbVrboBooking |
Sunset Lodge Chalet | 4 bd · 4 ba · sleeps 10 | $76,354 | $529 | 40% | 4.5★ (1) | 0.4 mi | Booking |
Show 18 more
Smoky Ridge Retreat By Avada Properties
Vacation home · 4 bd · 5 ba · sleeps 10 · 0.5 mi
Revenue $39,758ADR $252Occ ≈ 43%5★ (2)
Laurel View Escape by Avada Properties
Vacation home · 4 bd · 5 ba · sleeps 11 · 0.6 mi
Revenue $29,194ADR $218Occ ≈ 37%5★ (2)
Changes in Attitude - Awesome View in Wears Valley
Cabin · 4 bd · 4 ba · sleeps 10 · 0.7 mi
Revenue $87,545ADR $376Occ ≈ 64%5★ (11)
ELITE MOUNTAIN TOP CABIN! 4bdrm/4bath. Hot tub w/mtn views. Wrap around porches
Cabin · 4 bd · 4 ba · sleeps 9 · 0.7 mi
Revenue $64,641ADR $429Occ ≈ 41%5★ (174)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
4BR w/Incredible MTN Views*Hot Tub*Game Room*Quiet Cabin | 4 bd · 3.5 ba · sleeps 12 | $98,815 | $378 | 72% | 4.9★ (48) | 0.4 mi | AirbnbVrbo |
NEW! 4BR Luxe | Indoor Pool • Mtn Views • Theater Cabin | 4 bd · 5 ba · sleeps 12 | $3,573 | $510 | 2% | 5★ (1) | 0.5 mi | AirbnbVrbo |
5*Retreat w/Indoor Pool~FirePit~Arcade~Playground Cabin | 4 bd · 5 ba · sleeps 12 | $98,041 | $667 | 40% | 5★ (20) | 0.5 mi | AirbnbVrbo |
Cabin·Indoor Pool·Sauna·Game Room·Creek Cabin | 4 bd · 4.5 ba · sleeps 12 | $206,859 | $675 | 84% | 5★ (127) | 0.5 mi | AirbnbVrbo |
Smoky Ridge Retreat By Avada Properties Vacation home | 4 bd · 5 ba · sleeps 10 | $39,758 | $252 | 43% | 5★ (2) | 0.5 mi | Booking |
New 4 BD 3 1/2 BA Little Cove Cabin Mtn View/Wi-Fi Cabin | 4 bd · 3.5 ba · sleeps 10 | $57,484 | $402 | 39% | 5★ (26) | 0.6 mi | AirbnbVrbo |
Modern Retreat |Heated pool|Theater| Game room Cabin | 4 bd · 4.5 ba · sleeps 12 | $112,059 | $468 | 66% | 4.9★ (41) | 0.6 mi | AirbnbVrbo |
Luxury Smoky Chalet, Indoor Pool, Hot Tub, Theater House | 4 bd · 4.5 ba · sleeps 12 | $120,044 | $584 | 56% | 4.8★ (103) | 0.6 mi | AirbnbVrboBooking |
Laurel View Escape by Avada Properties Vacation home | 4 bd · 5 ba · sleeps 11 | $29,194 | $218 | 37% | 5★ (2) | 0.6 mi | Booking |
*Amazing 4BD Lodge w/ Hot Tub + Fire Pit + VIEWS!* Cabin | 4 bd · 4.5 ba · sleeps 12 | $88,929 | $431 | 57% | 4.9★ (12) | 0.6 mi | AirbnbVrbo |
11AM Check-In, Stunning Smoky Mtn Views, & Spa Cabin | 4 bd · 5 ba · sleeps 12 | $158,011 | $566 | 76% | 5★ (194) | 0.6 mi | AirbnbVrbo |
Changes in Attitude - Awesome View in Wears Valley Cabin | 4 bd · 4 ba · sleeps 10 | $87,545 | $376 | 64% | 5★ (11) | 0.7 mi | Airbnb |
4 King Suites • Secluded • Hot Tub • Game Room Cabin | 4 bd · 4 ba · sleeps 10 | $82,955 | $508 | 45% | 5★ (148) | 0.7 mi | AirbnbVrbo |
Changes In Attitude Cabin | 4 bd · 4 ba · sleeps 10 | $56,196 | $406 | 38% | 4.5★ (142) | 0.7 mi | AirbnbVrboBooking |
Poolin` In The Smokies - Luxury Cabin | 4 bd · 4.5 ba · sleeps 10 | $103,964 | $489 | 58% | 4.8★ (45) | 0.7 mi | AirbnbVrbo |
Zennessee Luxe・IndoorPool・MtnViews・HotTub・PetsWelc Cabin | 4 bd · 3.5 ba · sleeps 12 | $44,517 | $556 | 22% | — | 0.7 mi | AirbnbVrboBooking |
Stay in this beautiful cabin with the gorgeous vie Cabin | 4 bd · 4 ba · sleeps 10 | $79,872 | $365 | 60% | 4.4★ (5) | 0.7 mi | AirbnbVrbo |
ELITE MOUNTAIN TOP CABIN! 4bdrm/4bath. Hot tub w/mtn views. Wrap around porches Cabin | 4 bd · 4 ba · sleeps 9 | $64,641 | $429 | 41% | 5★ (174) | 0.7 mi | Vrbo |
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
Rate 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium
Est. revenue
$102,911
NOI
$63,868
Cash flow /mo
-$38
Cash needed
$305,750
Cash-on-cash
-0.2%
ROE (yr 1)
11.4%
Cap rate
6.6%
DSCR
0.99
Year-1 write-off
$218,512
Year-1 tax shield @ 32%
$69,924
Year-1 return on equity
- Cash flow (annual)-$459
- Principal paydown$6,121
- Appreciation at%$29,250
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)$20,582
- Platform fees (3% of revenue)$3,087
- Maintenance / capex (5% of revenue)$5,146
- Utilities & supplies$4,200
- HOA$0
- Property tax$178
- Insurance (STR-rated)$5,850
Cash needed to close
- Down payment (25%)$243,750
- Closing costs (4.0%)$39,000
- Furnishing (bought new)$23,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$69,924
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
$829,000
Short-life (5/15-yr)
$195,000 · 24%
Year-1 deduction
$219,000
Year-1 tax shield @ 32%
$70,000
Land 15% (market default, no usable tax-record split) · building $634,000 over 39 years · new furniture $23,000
Based on: 3,521 sq ft, built 2026, 4 bd / 4.5 ba, unfurnished, listing features (pool, fireplace, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $175,000 in year 1 (18% short-life, $56,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $16,200
Kitchen cabinetsdefault
$13,500 new × 100% good × 1.20 allocation
- $13,200
Kitchen countertopsdefault
$11,100 new × 100% good × 1.20 allocation
- $7,400
Decorative trimdefault
$6,200 new × 100% good × 1.20 allocation
- $700
Mirrorsdefault
$600 new × 100% good × 1.20 allocation
- $1,800
Shelvingdefault
$1,500 new × 100% good × 1.20 allocation
- $10,500
Window coverings (35)default
$8,800 new × 100% good × 1.20 allocation
- $12,600
Kitchen & laundry equipment plumbingdefault
$10,500 new × 100% good × 1.20 allocation
- $7,600
Kitchen, laundry & data equipment electricaldefault
$6,400 new × 100% good × 1.20 allocation
- $9,700
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 100% good × 1.20 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $14,700
Paving: driveway & walks (paved)default
$12,300 new × 100% good × 1.20 allocation
- $14,200
Landscaping (typical)default
$11,800 new × 100% good × 1.20 allocation
- $4,200
Patiosdefault
$3,500 new × 100% good × 1.20 allocation
- $4,200
Decks & porches (attached)default
$3,500 new × 100% good × 1.20 allocation
- $77,900
Pool (in-ground)listing
$65,000 new × 100% good × 1.20 allocation
- $458,300
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$382,600 new × 100% good × 1.20 allocation
- $47,600
Building plumbing & fixturesdefault
$39,700 new × 100% good × 1.20 allocation
- $50,200
Building electrical & lightingdefault
$41,900 new × 100% good × 1.20 allocation
- $47,500
HVACdefault
$39,700 new × 100% good × 1.20 allocation
- $27,100
Hardwood & tile floorsdefault
$22,700 new × 100% good × 1.20 allocation
- $3,200
Fireplacelisting
$2,600 new × 100% good × 1.20 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $102,700 | $115,100 | $700 | $218,500 |
| 2 | $0 | $0 | $16,300 | $16,300 |
| 3 | $0 | $0 | $16,300 | $16,300 |
| 4 | $0 | $0 | $16,300 | $16,300 |
| 5 | $0 | $0 | $16,300 | $16,300 |
| 6+ | $0 | $0 | $568,200 | $568,200 |
| Total | $102,700 | $115,100 | $633,900 | $851,700 |
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.