2819 Eledge View Ln
Sevierville, TN 37876
$535,000
3 bd · 2 ba · 2,022 sqft · Listed 1d ago
View on Realtor.com →Year built
2026
Sqft
2,022
Lot sqft
30,492
HOA / mo
$0
Furnished
No
List date
2026-09-29T20:01:32.000000Z
Revenue
Annual revenue
$49,295
ADR
$217
Occupancy
62%
Cleaning fees (12 mo)
$9,650
Confidence
Low (35.2), 36 comps
Comp revenue range (p25 / median / p75)
Smoky Mountain Relaxation Station!
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $27,348ADR $137Occ ≈ 55%4.8★ (272)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
This is Perfect -50 % Off House | 3 bd · 2 ba · sleeps 6 | $39,017 | $225 | 48% | 4.9★ (66) | 0.4 mi | AirbnbVrboBooking |
Modern Ranch | Hot Tub, Views & Game Room Cabin | 3 bd · 2.5 ba · sleeps 8 | $32,929 | $235 | 38% | 5★ (11) | 0.4 mi | AirbnbVrboBooking |
Mountain Oasis: Luxe Views, Hot Tub, Fire Pit House | 3 bd · 2.5 ba · sleeps 8 | $29,265 | $284 | 28% | 4.9★ (128) | 0.4 mi | AirbnbVrboBooking |
Smoky Mountain Relaxation Station! House | 3 bd · 2 ba · sleeps 6 | $27,348 | $137 | 55% | 4.8★ (272) | 0.6 mi | Airbnb |
Firelight Cabin Live like a local! 3 BR/2ba cabin House | 3 bd · 2 ba · sleeps 14 | $1,012 | $253 | 1% | — | 0.9 mi | AirbnbVrboBooking |
Bearfootin' In the Grove 3B3B Easy Access Cabin | 3 bd · 3 ba · sleeps 12 | $70,954 | $350 | 56% | 4.8★ (62) | 1.1 mi | AirbnbVrbo |
Perfect Family Getaway Near Dollywood and More House | 3 bd · 2 ba · sleeps 10 | $80,029 | $407 | 54% | 4.8★ (29) | 1.2 mi | AirbnbVrbo |
Family Friendly Getaway Cabin・Hot Tub・Games・Views House | 3 bd · 2.5 ba · sleeps 8 | $46,767 | $249 | 51% | 4.8★ (23) | 1.4 mi | AirbnbVrboBooking |
3BR serene cabin with free attraction tickets House | 3 bd · 2.5 ba · sleeps 8 | $9,898 | $241 | 11% | 4.8★ (62) | 1.4 mi | AirbnbVrboBooking |
Cabin/Prime location/HotTub/Pet-friendly/Game room Cabin | 3 bd · 2.5 ba · sleeps 8 | $56,626 | $205 | 76% | 4.9★ (213) | 1.5 mi | AirbnbVrbo |
Show all 37 comps
Historic Farmhouse near Dollywood |Pet-Friendly
House · 3 bd · 2 ba · sleeps 8 · 1.6 mi
Revenue $25,246ADR $215Occ ≈ 32%4.7★ (52)
Modern Smoky Mountain Escape
Cabin · 3 bd · 3 ba · sleeps 8 · 1.8 mi
Revenue $3,276ADR $546Occ ≈ 2%—
3 bedroom 2 bath home 19 minutes from Dollywood
House · 3 bd · 2 ba · sleeps 6 · 1.9 mi
Revenue $29,637ADR $566Occ ≈ 14%4.7★ (88)
Incredible Views | Heated Pool | Gourmet Kitchen
House · 3 bd · 2.5 ba · sleeps 12 · 2.1 mi
Revenue $119,549ADR $471Occ ≈ 70%5★ (9)
Ole Bud Cabin by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 10 · 2.2 mi
Revenue $63,493ADR $308Occ ≈ 56%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Historic Farmhouse near Dollywood |Pet-Friendly House | 3 bd · 2 ba · sleeps 8 | $25,246 | $215 | 32% | 4.7★ (52) | 1.6 mi | Airbnb |
New! Indoor Pool, Game Room, Families Welcome! Cabin | 3 bd · 3 ba · sleeps 10 | $21,981 | $351 | 17% | 5★ (6) | 1.8 mi | AirbnbVrbo |
Summit Brownstone Retreat Cabin | 3 bd · 3 ba · sleeps 8 | $7,948 | $361 | 6% | 5★ (1) | 1.8 mi | AirbnbVrbo |
Smoky Rooftop Retreat Cabin | 3 bd · 3 ba · sleeps 8 | $3,826 | $478 | 2% | — | 1.8 mi | Airbnb |
Modern Smoky Mountain Escape Cabin | 3 bd · 3 ba · sleeps 8 | $3,276 | $546 | 2% | — | 1.8 mi | Airbnb |
Firepit|HotTub|Smoky Mtns|Sevierville|Pigeon Forge House | 3 bd · 2 ba · sleeps 10 | $55,508 | $270 | 56% | 5★ (112) | 1.8 mi | AirbnbVrbo |
Modern Cabin w/ Pool, Hot Tub, Games & More! Cabin | 3 bd · 3 ba · sleeps 10 | $81,024 | $341 | 65% | 4.6★ (63) | 1.8 mi | AirbnbVrboBooking |
New 3BR Retreat with Indoor Pool & Game Room Cabin | 3 bd · 3 ba · sleeps 10 | $76,021 | $362 | 58% | 4.2★ (9) | 1.8 mi | AirbnbVrboBooking |
85° Indoor Pool, Game Room & Oversized Hot Tub Cabin | 3 bd · 3 ba · sleeps 10 | $14,996 | $394 | 10% | 5★ (153) | 1.8 mi | AirbnbVrboBooking |
3 bedroom 2 bath home 19 minutes from Dollywood House | 3 bd · 2 ba · sleeps 6 | $29,637 | $566 | 14% | 4.7★ (88) | 1.9 mi | Airbnb |
Stylish Home w/ Hot Tub & Fire Pit! Sleeps 8! House | 3 bd · 2 ba · sleeps 8 | $68,943 | $296 | 64% | 4.7★ (27) | 1.9 mi | AirbnbVrboBooking |
Heated Pool | Hot Tub | PuttPutt Cabin | 3 bd · 3 ba · sleeps 8 | $86,388 | $347 | 68% | 5★ (129) | 1.9 mi | AirbnbVrbo |
Dollywood cabin/indoor pool/Hot Tub/Firepit Cabin | 3 bd · 3 ba · sleeps 8 | $44,004 | $330 | 37% | 4.7★ (60) | 1.9 mi | AirbnbVrbo |
Private Pet Friendly Home Pigeon Forge, Gatlinburg House | 3 bd · 2 ba · sleeps 6 | $51,590 | $173 | 82% | 5★ (130) | 2.1 mi | AirbnbVrboBooking |
Sevierville Home: Lookout Deck, 10 Mi to Dollywood House | 3 bd · 2 ba · sleeps 6 | $52,460 | $179 | 80% | 4.8★ (37) | 2.1 mi | AirbnbVrboBooking |
Winter Promo! Modern Cabin! Amazing View! Hot Tub! Cabin | 3 bd · 2 ba · sleeps 6 | $57,790 | $293 | 54% | 5★ (29) | 2.1 mi | AirbnbVrbo |
Amazing Sunset+MountainViews+Games•HotTub•Firepit• Cabin | 3 bd · 2.5 ba · sleeps 8 | $36,338 | $382 | 26% | 5★ (22) | 2.1 mi | AirbnbVrbo |
Incredible Views | Heated Pool | Gourmet Kitchen House | 3 bd · 2.5 ba · sleeps 12 | $119,549 | $471 | 70% | 5★ (9) | 2.1 mi | Vrbo |
Little Mountain Cabin w/ Hot Tub, Fire Pit, Games Cabin | 3 bd · 2 ba · sleeps 6 | $46,815 | $201 | 64% | 4.6★ (28) | 2.1 mi | AirbnbVrboBooking |
Breathtaking Views | Heated Pool & Hot Tub | Moder House | 3 bd · 3 ba · sleeps 12 | $55,945 | $602 | 25% | 4.9★ (10) | 2.1 mi | AirbnbVrboBooking |
Pet-friendly Log Cabin with Hot Tub + Fire Pit Cabin | 3 bd · 2 ba · sleeps 8 | $44,351 | $213 | 57% | 4.7★ (52) | 2.2 mi | AirbnbVrbo |
Harmony Ridge | Fire Pit • Grill • Walking Trails! House | 3 bd · 1.5 ba · sleeps 8 | $16,837 | $192 | 24% | 5★ (9) | 2.2 mi | AirbnbVrboBooking |
Log Cabin Hot Tub & Fire Pit Near Pigeon Forge TN Cabin | 3 bd · 2 ba · sleeps 6 | $2,447 | $271 | 2% | — | 2.2 mi | AirbnbVrboBooking |
Ole Bud Cabin by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 10 | $63,493 | $308 | 56% | — | 2.2 mi | Booking |
Lazy Bear Meadow | Dog-Friendly Cabin, Fenced Yard House | 3 bd · 2 ba · sleeps 7 | $23,100 | $200 | 32% | 4.8★ (14) | 2.2 mi | AirbnbVrboBooking |
Sevierville East - Easy Access - Dog Friendly House | 3 bd · 2 ba · sleeps 10 | $37,101 | $238 | 43% | 4.8★ (12) | 2.2 mi | AirbnbVrbo |
Breathtaking views of Smoky Mts Cabin | 3 bd · 2 ba · sleeps 8 | $35,756 | $214 | 46% | 5★ (220) | 2.3 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
$49,295
NOI
$27,989
Cash flow /mo
-$550
Cash needed
$174,650
Cash-on-cash
-3.8%
ROE (yr 1)
7.4%
Cap rate
5.2%
DSCR
0.81
Year-1 write-off
$124,940
Year-1 tax shield @ 32%
$39,981
Year-1 return on equity
- Cash flow (annual)-$6,606
- Principal paydown$3,501
- Appreciation at%$16,050
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)$9,859
- Platform fees (3% of revenue)$1,479
- Maintenance / capex (5% of revenue)$2,465
- Utilities & supplies$4,200
- HOA$0
- Property tax$93
- Insurance (STR-rated)$3,210
Cash needed to close
- Down payment (25%)$133,750
- Closing costs (4.0%)$21,400
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$39,981
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
$455,000
Short-life (5/15-yr)
$104,000 · 23%
Year-1 deduction
$125,000
Year-1 tax shield @ 32%
$40,000
Land 15% (market default, no usable tax-record split) · building $350,000 over 39 years · new furniture $20,000
Based on: 2,022 sq ft, built 2026, 3 bd / 2 ba, unfurnished, listing features (deck, fireplace, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $73,000 in year 1 (12% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,500
Kitchen cabinetsdefault
$10,200 new × 100% good × 1.12 allocation
- $9,400
Kitchen countertopsdefault
$8,400 new × 100% good × 1.12 allocation
- $4,000
Decorative trimdefault
$3,500 new × 100% good × 1.12 allocation
- $300
Mirrorsdefault
$300 new × 100% good × 1.12 allocation
- $1,300
Shelvingdefault
$1,200 new × 100% good × 1.12 allocation
- $5,600
Window coverings (20)default
$5,000 new × 100% good × 1.12 allocation
- $5,800
Carpet, vinyl & laminate (40% of floors)default
$5,200 new × 100% good × 1.12 allocation
- $8,900
Kitchen & laundry equipment plumbingdefault
$8,000 new × 100% good × 1.12 allocation
- $5,400
Kitchen, laundry & data equipment electricaldefault
$4,800 new × 100% good × 1.12 allocation
- $3,900
Appliances (range, microwave, dishwasher)listing
$3,500 new × 100% good × 1.12 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $10,400
Paving: driveway & walks (paved)default
$9,300 new × 100% good × 1.12 allocation
- $10,000
Landscaping (typical)default
$9,000 new × 100% good × 1.12 allocation
- $2,200
Patiosdefault
$2,000 new × 100% good × 1.12 allocation
- $25,500
Decks & porches (attached)listing
$22,700 new × 100% good × 1.12 allocation
- $245,700
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$219,400 new × 100% good × 1.12 allocation
- $25,500
Building plumbing & fixturesdefault
$22,800 new × 100% good × 1.12 allocation
- $25,600
Building electrical & lightingdefault
$22,900 new × 100% good × 1.12 allocation
- $25,500
HVACdefault
$22,800 new × 100% good × 1.12 allocation
- $8,700
Hardwood & tile floorsdefault
$7,800 new × 100% good × 1.12 allocation
- $5,900
Fireplaces (2)listing
$5,300 new × 100% good × 1.12 allocation
- $13,400
Septic systemlisting
$12,000 new × 100% good × 1.12 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $75,600 | $48,200 | $1,100 | $124,900 |
| 2 | $0 | $0 | $9,000 | $9,000 |
| 3 | $0 | $0 | $9,000 | $9,000 |
| 4 | $0 | $0 | $9,000 | $9,000 |
| 5 | $0 | $0 | $9,000 | $9,000 |
| 6+ | $0 | $0 | $313,400 | $313,400 |
| Total | $75,600 | $48,200 | $350,400 | $474,200 |
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 and Georgia 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.