3210 Pine Way
Pigeon Forge, TN 37863
$1,050,000
3 bd · 3.5 ba · 2,393 sqft · Listed 1d ago
View on Realtor.com →Year built
2026
Sqft
2,393
Lot sqft
436
HOA / mo
$142
Furnished
No
List date
2026-09-27T16:20:16.000000Z
Revenue
Annual revenue
$75,213
ADR
$334
Occupancy
62%
Cleaning fees (12 mo)
$14,932
Confidence
Med (55.44), 50 comps
Comp revenue range (p25 / median / p75)
New Cabin in Pigeon Forge, Smokies, Dollywood
Cabin · 3 bd · 3 ba · sleeps 14 · 52 ft
Revenue $7,900ADR $321Occ ≈ 7%4.2★ (7)
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee
Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $21,322ADR $477Occ ≈ 12%5★
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee
Vacation home · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $57,516ADR $555Occ ≈ 28%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
New Cabin in Pigeon Forge, Smokies, Dollywood Cabin | 3 bd · 3 ba · sleeps 14 | $7,900 | $321 | 7% | 4.2★ (7) | 52 ft | Airbnb |
Hilltop Oasis / Strip 4 min/ HotTub / Games / Pets Cabin | 3 bd · 3 ba · sleeps 12 | $92,230 | $339 | 75% | 4.8★ (165) | 112 ft | AirbnbVrboBooking |
10 Min to Dollywood | Hot Tub, Fire Pit, Bunk Room Cabin | 3 bd · 3 ba · sleeps 12 | $92,183 | $375 | 67% | 5★ (156) | 135 ft | AirbnbVrbo |
Family Cabin Near Dollywood | Game Rooms, Hot Tub Cabin | 3 bd · 3 ba · sleeps 10 | $64,483 | $372 | 47% | 5★ (139) | 0.1 mi | AirbnbVrbo |
Moose-Themed Cabin w/ Hot Tub & Arcade Games Cabin | 3 bd · 3 ba · sleeps 10 | $68,148 | $315 | 59% | 4.8★ (58) | 0.1 mi | AirbnbVrboBooking |
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee Cabin | 3 bd · 3 ba · sleeps 10 | $21,322 | $477 | 12% | 5★ | 0.3 mi | Vrbo |
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee Vacation home | 3 bd · 3 ba · sleeps 10 | $57,516 | $555 | 28% | — | 0.3 mi | Booking |
Modern Chalet| Heated Pool | Pet Friendly |Hot Tub House | 3 bd · 3 ba · sleeps 8 | $74,286 | $392 | 52% | 4.8★ (42) | 0.3 mi | AirbnbVrbo |
Quintessential Cabin/one mile to Pkwy/NO PETS! Cabin | 3 bd · 2.5 ba · sleeps 6 | $63,454 | $250 | 70% | 4.9★ (270) | 0.3 mi | AirbnbVrbo |
Ideal Location! Pool & Hot Tub•10% First Responder Cabin | 3 bd · 3 ba · sleeps 10 | $84,225 | $435 | 53% | 4.8★ (208) | 0.3 mi | AirbnbVrboBooking |
Show all 50 comps
*Indoor Salt Heated Pool*HotTub*Games*BBQ
Cabin · 3 bd · 3 ba · sleeps 6 · 0.3 mi
Revenue $72,129ADR $321Occ ≈ 62%5★ (130)
The Cozy Crest w Private Pool n Hot Tub
Vacation home · 3 bd · 3 ba · sleeps 10 · 0.4 mi
Revenue $69,673ADR $349Occ ≈ 55%—
Smoky Fall Escape | Dollywood • Games • Pets OK
House · 3 bd · 3 ba · sleeps 9 · 0.4 mi
Revenue $65,680ADR $310Occ ≈ 58%5★ (48)
Cozy Cuddles by American Patriot Getaways
Vacation home · 3 bd · 3 ba · sleeps 6 · 0.4 mi
Revenue $5,980ADR $260Occ ≈ 6%—
Firefly Holler by Beyond Expectations w Hot Tub
Vacation home · 3 bd · 3 ba · sleeps 6 · 0.5 mi
Revenue $49,663ADR $305Occ ≈ 45%4.3★ (6)
ER74 - Gerrald's Chalet
Vacation home · 3 bd · 3 ba · sleeps 10 · 0.5 mi
Revenue $80,931ADR $331Occ ≈ 67%—
Pigeon Forge Luxury Cabin w/ Private Bowling Alley & Hot Tub
Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi
Revenue $19,892ADR $282Occ ≈ 19%5★ (1)
Hillside Haven by Avada Properties
Vacation home · 3 bd · 3 ba · sleeps 6 · 0.6 mi
Revenue $75,466ADR $255Occ ≈ 81%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
*Indoor Salt Heated Pool*HotTub*Games*BBQ Cabin | 3 bd · 3 ba · sleeps 6 | $72,129 | $321 | 62% | 5★ (130) | 0.3 mi | Airbnb |
Indoor Heated Pool*Hot Tub*Fireplace*Game*Sleeps10 Cabin | 3 bd · 3 ba · sleeps 10 | $89,300 | $357 | 69% | 4.8★ (156) | 0.3 mi | AirbnbVrbo |
Theater Room • Hot Tub • Game Loft Chalet | 3 bd · 3 ba · sleeps 11 | $19,807 | $400 | 14% | 3.8★ (4) | 0.3 mi | AirbnbVrboBooking |
3BR near PF: Game Room+Theater+Hot tub! House | 3 bd · 3 ba · sleeps 12 | $76,767 | $443 | 47% | 4.9★ (22) | 0.4 mi | AirbnbBooking |
Low Rates/Modern Cabin close to Pkwy Hot Tub/Game Cabin | 3 bd · 3 ba · sleeps 8 | $36,665 | $253 | 40% | 4.8★ (122) | 0.4 mi | AirbnbVrbo |
Hot Tub·Arcade·New + Modern·5 Min to Parkway·Pets Cabin | 3 bd · 3 ba · sleeps 8 | $74,066 | $325 | 62% | 5★ (175) | 0.4 mi | AirbnbVrbo |
1.5 Mile to Pkwy! HotTub, Game Room, Wi-Fi, Grill Cabin | 3 bd · 3 ba · sleeps 8 | $72,919 | $327 | 61% | 4.9★ (165) | 0.4 mi | AirbnbVrbo |
The Cozy Crest w Private Pool n Hot Tub Vacation home | 3 bd · 3 ba · sleeps 10 | $69,673 | $349 | 55% | — | 0.4 mi | Booking |
Summer Sale! Hot Tub w TV, 1 Mile to The Island! Cabin | 3 bd · 3 ba · sleeps 8 | $79,728 | $303 | 72% | 5★ (271) | 0.4 mi | AirbnbVrbo |
The Cozy Crest w Private Pool n Hot Tub House | 3 bd · 3 ba · sleeps 10 | $96,637 | $432 | 61% | 4.7★ (7) | 0.4 mi | AirbnbVrbo |
3BR 3BA 1 MI to Parkway Hot Tub & Pool Access! Cabin | 3 bd · 3 ba · sleeps 12 | $45,282 | $290 | 43% | 4★ (24) | 0.4 mi | AirbnbVrboBooking |
Luxury Retreat in Town! Hot Tub + 2 Game Rooms Cabin | 3 bd · 3.5 ba · sleeps 10 | $80,217 | $341 | 64% | 4.8★ (202) | 0.4 mi | AirbnbVrbo |
Smoky Fall Escape | Dollywood • Games • Pets OK House | 3 bd · 3 ba · sleeps 9 | $65,680 | $310 | 58% | 5★ (48) | 0.4 mi | Airbnb |
Cozy Cuddles by American Patriot Getaways Vacation home | 3 bd · 3 ba · sleeps 6 | $5,980 | $260 | 6% | — | 0.4 mi | Booking |
Marigold | Hot Tub + Game Room | Near Dollywood House | 3 bd · 3 ba · sleeps 8 | $22,386 | $271 | 23% | 4.2★ (5) | 0.4 mi | AirbnbVrbo |
3BR 3BA 1 MI to Parkway Hot Tub & Pool Access! Cabin | 3 bd · 2.5 ba · sleeps 12 | $54,794 | $282 | 53% | 4.5★ (41) | 0.5 mi | AirbnbVrboBooking |
Cozy Family Cabin w/ Hot Tub ~ 4 Mi to Dollywood! Cabin | 3 bd · 2.5 ba · sleeps 8 | $48,435 | $249 | 53% | 4.5★ (163) | 0.5 mi | AirbnbVrboBooking |
3BR 4BA 1 MI to Parkway Pool Table & Hot Tub Cabin | 3 bd · 4 ba · sleeps 8 | $52,769 | $300 | 48% | 3.7★ (9) | 0.5 mi | AirbnbVrboBooking |
Group Cabin with Game Room and Theater Space in Pigeon Forge, Tennessee Cabin | 3 bd · 3 ba · sleeps 14 | $25,265 | $617 | 11% | — | 0.5 mi | VrboBooking |
Close to all attractions Cabin | 3 bd · 2.5 ba · sleeps 8 | $58,707 | $294 | 55% | 4.9★ (164) | 0.5 mi | AirbnbVrbo |
ER43 Cozy 3BR Cabin w/ HotTub, Arcade & PoolAccess Cabin | 3 bd · 3 ba · sleeps 10 | $97,422 | $357 | 75% | 3★ (2) | 0.5 mi | AirbnbVrbo |
3BR | Near Parkway | Game Room + Theater Room Cabin | 3 bd · 3 ba · sleeps 14 | $88,194 | $366 | 66% | 4.3★ (19) | 0.5 mi | AirbnbVrboBooking |
Outdoor Heated Pool Oasis | 1 Mile To Parkway Cabin | 3 bd · 3.5 ba · sleeps 12 | $140,534 | $492 | 78% | 4.9★ (84) | 0.5 mi | AirbnbVrboBooking |
Peaceful, Views, Mins from Dollywood! Theatre Rm Cabin | 3 bd · 3 ba · sleeps 11 | $43,656 | $415 | 29% | 5★ (26) | 0.5 mi | AirbnbVrboBooking |
*Stunning 3BDR Cabin w/ Hot Tub! Close to TOWN!* Cabin | 3 bd · 3 ba · sleeps 8 | $76,916 | $291 | 72% | 4.9★ (76) | 0.5 mi | AirbnbVrbo |
ER35- 3BR Cabin | Game Room, Hot Tub & Pool Ac Cabin | 3 bd · 3 ba · sleeps 11 | $72,365 | $359 | 55% | 5★ (26) | 0.5 mi | AirbnbVrbo |
4BR 4.5BA 1 MI to Parkway Pool Table & Pool Access Cabin | 3 bd · 4.5 ba · sleeps 15 | $83,230 | $421 | 54% | 4.5★ (12) | 0.5 mi | AirbnbVrboBooking |
Firefly Holler by Beyond Expectations w Hot Tub Vacation home | 3 bd · 3 ba · sleeps 6 | $49,663 | $305 | 45% | 4.3★ (6) | 0.5 mi | Booking |
Firefly Holler by Beyond Expectations:w/EV Charger Cabin | 3 bd · 2.5 ba · sleeps 6 | $48,208 | $288 | 46% | 4.6★ (12) | 0.5 mi | AirbnbVrbo |
ER62 - Luxury 3BR 3BA Cabin w/ Pool, Theater Cabin | 3 bd · 4.5 ba · sleeps 12 | $127,538 | $525 | 67% | 5★ (4) | 0.5 mi | AirbnbVrboBooking |
Downtown 3BR Mountainview, Free Attraction Tickets Cabin | 3 bd · 4 ba · sleeps 16 | $37,118 | $285 | 36% | 4.2★ (193) | 0.5 mi | AirbnbVrboBooking |
ER74 - Gerrald's Chalet Vacation home | 3 bd · 3 ba · sleeps 10 | $80,931 | $331 | 67% | — | 0.5 mi | Booking |
July Discounts*DogFriendly*HotTub*Dollywood*Ripken Cabin | 3 bd · 3 ba · sleeps 9 | $61,572 | $251 | 67% | 4.8★ (207) | 0.6 mi | AirbnbVrbo |
Updated 4 Kings • Hot Tub • Game Rm • Pool Access Cabin | 3 bd · 3 ba · sleeps 10 | $77,575 | $334 | 64% | 4.3★ (35) | 0.6 mi | AirbnbVrbo |
New Cabin Rental-Bowling Alley-Hot Tub-Adjustable Beds-Luxury Cabin Rentals Cabin | 3 bd · 3 ba · sleeps 6 | $66,533 | $320 | 57% | 5★ (3) | 0.6 mi | VrboBooking |
Views! Secluded Cabin, New Hot Tub, Fire Pit Cabin | 3 bd · 3 ba · sleeps 6 | $48,199 | $292 | 45% | 5★ (46) | 0.6 mi | AirbnbVrbo |
New Cabin Rental-Bowling Alley-Hot Tub-Adjustable Beds-Luxury Cabin Rentals Cabin | 3 bd · 3 ba · sleeps 6 | $25,523 | $282 | 25% | 5★ (4) | 0.6 mi | VrboBooking |
Pigeon Forge Luxury Cabin w/ Private Bowling Alley & Hot Tub Cabin | 3 bd · 3 ba · sleeps 6 | $19,892 | $282 | 19% | 5★ (1) | 0.6 mi | Vrbo |
Hillside Haven by Avada Properties Vacation home | 3 bd · 3 ba · sleeps 6 | $75,466 | $255 | 81% | 5★ (3) | 0.6 mi | Booking |
Pet Friendly! Location! No Steep Roads Cabin | 3 bd · 3 ba · sleeps 10 | $107,080 | $440 | 67% | 4.9★ (163) | 0.6 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
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$75,213
NOI
$41,841
Cash flow /mo
-$2,171
Cash needed
$330,000
Cash-on-cash
-7.9%
ROE (yr 1)
3.7%
Cap rate
4.0%
DSCR
0.62
Year-1 write-off
$250,790
Year-1 tax shield @ 32%
$80,253
Year-1 return on equity
- Cash flow (annual)-$26,056
- Principal paydown$6,871
- Appreciation at%$31,500
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$15,043
- Platform fees (3% of revenue)$2,256
- Maintenance / capex (5% of revenue)$3,761
- Utilities & supplies$4,200
- HOA$1,704
- Property tax$108
- Insurance (STR-rated)$6,300
Cash needed to close
- Down payment (25%)$262,500
- Closing costs (4.0%)$42,000
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$80,253
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
$893,000
Short-life (5/15-yr)
$223,000 · 25%
Year-1 deduction
$251,000
Year-1 tax shield @ 32%
$80,000
Land 15% (market default, no usable tax-record split) · building $669,000 over 39 years · new furniture $26,000
Based on: 2,393 sq ft, built 2026, 3 bd / 3.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, appliance list).
IRS-guide safe-harbor floor: $151,000 in year 1 (14% short-life, $48,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $20,900
Kitchen cabinetsdefault
$11,000 new × 100% good × 1.90 allocation
- $17,100
Kitchen countertopsdefault
$9,000 new × 100% good × 1.90 allocation
- $7,900
Decorative trimdefault
$4,200 new × 100% good × 1.90 allocation
- $900
Mirrorsdefault
$500 new × 100% good × 1.90 allocation
- $2,300
Shelvingdefault
$1,200 new × 100% good × 1.90 allocation
- $11,400
Window coverings (24)default
$6,000 new × 100% good × 1.90 allocation
- $11,700
Carpet, vinyl & laminate (40% of floors)default
$6,200 new × 100% good × 1.90 allocation
- $16,300
Kitchen & laundry equipment plumbingdefault
$8,600 new × 100% good × 1.90 allocation
- $9,800
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 100% good × 1.90 allocation
- $14,600
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 100% good × 1.90 allocation
- $17,100
Hot tub (freestanding)listing
$9,000 new × 100% good × 1.90 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
- $19,200
Paving: driveway & walks (paved)default
$10,100 new × 100% good × 1.90 allocation
- $18,500
Landscaping (typical)default
$9,800 new × 100% good × 1.90 allocation
- $4,500
Patiosdefault
$2,400 new × 100% good × 1.90 allocation
- $51,000
Decks & porches (attached)listing
$26,900 new × 100% good × 1.90 allocation
- $492,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$259,800 new × 100% good × 1.90 allocation
- $51,100
Building plumbing & fixturesdefault
$27,000 new × 100% good × 1.90 allocation
- $52,300
Building electrical & lightingdefault
$27,600 new × 100% good × 1.90 allocation
- $51,100
HVACdefault
$27,000 new × 100% good × 1.90 allocation
- $17,500
Hardwood & tile floorsdefault
$9,200 new × 100% good × 1.90 allocation
- $5,000
Fireplacelisting
$2,600 new × 100% good × 1.90 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $155,400 | $93,200 | $2,100 | $250,800 |
| 2 | $0 | $0 | $17,200 | $17,200 |
| 3 | $0 | $0 | $17,200 | $17,200 |
| 4 | $0 | $0 | $17,200 | $17,200 |
| 5 | $0 | $0 | $17,200 | $17,200 |
| 6+ | $0 | $0 | $598,600 | $598,600 |
| Total | $155,400 | $93,200 | $669,400 | $918,000 |
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: Georgia disallows 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.