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2819 Eledge View Ln

2819 Eledge View Ln

Sevierville, TN 37876

$535,000

3 bd · 2 ba · 2,022 sqft · Listed 1d ago

View on Realtor.com →
Low confidenceEst. land %

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)

$23,100$39,017$56,626
  • This is Perfect -50 % Off

    House · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $39,017ADR $225Occ ≈ 48%4.9★ (66)

    AirbnbVrboBooking

  • Modern Ranch | Hot Tub, Views & Game Room

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $32,929ADR $235Occ ≈ 38%5★ (11)

    AirbnbVrboBooking

  • Mountain Oasis: Luxe Views, Hot Tub, Fire Pit

    House · 3 bd · 2.5 ba · sleeps 8 · 0.4 mi

    Revenue $29,265ADR $284Occ ≈ 28%4.9★ (128)

    AirbnbVrboBooking

  • Smoky Mountain Relaxation Station!

    House · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $27,348ADR $137Occ ≈ 55%4.8★ (272)

    Airbnb

  • Firelight Cabin Live like a local! 3 BR/2ba cabin

    House · 3 bd · 2 ba · sleeps 14 · 0.9 mi

    Revenue $1,012ADR $253Occ ≈ 1%—

    AirbnbVrboBooking

  • Bearfootin' In the Grove 3B3B Easy Access

    Cabin · 3 bd · 3 ba · sleeps 12 · 1.1 mi

    Revenue $70,954ADR $350Occ ≈ 56%4.8★ (62)

    AirbnbVrbo

  • Perfect Family Getaway Near Dollywood and More

    House · 3 bd · 2 ba · sleeps 10 · 1.2 mi

    Revenue $80,029ADR $407Occ ≈ 54%4.8★ (29)

    AirbnbVrbo

  • Family Friendly Getaway Cabin・Hot Tub・Games・Views

    House · 3 bd · 2.5 ba · sleeps 8 · 1.4 mi

    Revenue $46,767ADR $249Occ ≈ 51%4.8★ (23)

    AirbnbVrboBooking

  • 3BR serene cabin with free attraction tickets

    House · 3 bd · 2.5 ba · sleeps 8 · 1.4 mi

    Revenue $9,898ADR $241Occ ≈ 11%4.8★ (62)

    AirbnbVrboBooking

  • Cabin/Prime location/HotTub/Pet-friendly/Game room

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 1.5 mi

    Revenue $56,626ADR $205Occ ≈ 76%4.9★ (213)

    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)

    Airbnb

  • New! Indoor Pool, Game Room, Families Welcome!

    Cabin · 3 bd · 3 ba · sleeps 10 · 1.8 mi

    Revenue $21,981ADR $351Occ ≈ 17%5★ (6)

    AirbnbVrbo

  • Summit Brownstone Retreat

    Cabin · 3 bd · 3 ba · sleeps 8 · 1.8 mi

    Revenue $7,948ADR $361Occ ≈ 6%5★ (1)

    AirbnbVrbo

  • Smoky Rooftop Retreat

    Cabin · 3 bd · 3 ba · sleeps 8 · 1.8 mi

    Revenue $3,826ADR $478Occ ≈ 2%—

    Airbnb

  • Modern Smoky Mountain Escape

    Cabin · 3 bd · 3 ba · sleeps 8 · 1.8 mi

    Revenue $3,276ADR $546Occ ≈ 2%—

    Airbnb

  • Firepit|HotTub|Smoky Mtns|Sevierville|Pigeon Forge

    House · 3 bd · 2 ba · sleeps 10 · 1.8 mi

    Revenue $55,508ADR $270Occ ≈ 56%5★ (112)

    AirbnbVrbo

  • Modern Cabin w/ Pool, Hot Tub, Games & More!

    Cabin · 3 bd · 3 ba · sleeps 10 · 1.8 mi

    Revenue $81,024ADR $341Occ ≈ 65%4.6★ (63)

    AirbnbVrboBooking

  • New 3BR Retreat with Indoor Pool & Game Room

    Cabin · 3 bd · 3 ba · sleeps 10 · 1.8 mi

    Revenue $76,021ADR $362Occ ≈ 58%4.2★ (9)

    AirbnbVrboBooking

  • 85° Indoor Pool, Game Room & Oversized Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 10 · 1.8 mi

    Revenue $14,996ADR $394Occ ≈ 10%5★ (153)

    AirbnbVrboBooking

  • 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)

    Airbnb

  • Stylish Home w/ Hot Tub & Fire Pit! Sleeps 8!

    House · 3 bd · 2 ba · sleeps 8 · 1.9 mi

    Revenue $68,943ADR $296Occ ≈ 64%4.7★ (27)

    AirbnbVrboBooking

  • Heated Pool | Hot Tub | PuttPutt

    Cabin · 3 bd · 3 ba · sleeps 8 · 1.9 mi

    Revenue $86,388ADR $347Occ ≈ 68%5★ (129)

    AirbnbVrbo

  • Dollywood cabin/indoor pool/Hot Tub/Firepit

    Cabin · 3 bd · 3 ba · sleeps 8 · 1.9 mi

    Revenue $44,004ADR $330Occ ≈ 37%4.7★ (60)

    AirbnbVrbo

  • Private Pet Friendly Home Pigeon Forge, Gatlinburg

    House · 3 bd · 2 ba · sleeps 6 · 2.1 mi

    Revenue $51,590ADR $173Occ ≈ 82%5★ (130)

    AirbnbVrboBooking

  • Sevierville Home: Lookout Deck, 10 Mi to Dollywood

    House · 3 bd · 2 ba · sleeps 6 · 2.1 mi

    Revenue $52,460ADR $179Occ ≈ 80%4.8★ (37)

    AirbnbVrboBooking

  • Winter Promo! Modern Cabin! Amazing View! Hot Tub!

    Cabin · 3 bd · 2 ba · sleeps 6 · 2.1 mi

    Revenue $57,790ADR $293Occ ≈ 54%5★ (29)

    AirbnbVrbo

  • Amazing Sunset+MountainViews+Games•HotTub•Firepit•

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 2.1 mi

    Revenue $36,338ADR $382Occ ≈ 26%5★ (22)

    AirbnbVrbo

  • Incredible Views | Heated Pool | Gourmet Kitchen

    House · 3 bd · 2.5 ba · sleeps 12 · 2.1 mi

    Revenue $119,549ADR $471Occ ≈ 70%5★ (9)

    Vrbo

  • Little Mountain Cabin w/ Hot Tub, Fire Pit, Games

    Cabin · 3 bd · 2 ba · sleeps 6 · 2.1 mi

    Revenue $46,815ADR $201Occ ≈ 64%4.6★ (28)

    AirbnbVrboBooking

  • Breathtaking Views | Heated Pool & Hot Tub | Moder

    House · 3 bd · 3 ba · sleeps 12 · 2.1 mi

    Revenue $55,945ADR $602Occ ≈ 25%4.9★ (10)

    AirbnbVrboBooking

  • Pet-friendly Log Cabin with Hot Tub + Fire Pit

    Cabin · 3 bd · 2 ba · sleeps 8 · 2.2 mi

    Revenue $44,351ADR $213Occ ≈ 57%4.7★ (52)

    AirbnbVrbo

  • Harmony Ridge | Fire Pit • Grill • Walking Trails!

    House · 3 bd · 1.5 ba · sleeps 8 · 2.2 mi

    Revenue $16,837ADR $192Occ ≈ 24%5★ (9)

    AirbnbVrboBooking

  • Log Cabin Hot Tub & Fire Pit Near Pigeon Forge TN

    Cabin · 3 bd · 2 ba · sleeps 6 · 2.2 mi

    Revenue $2,447ADR $271Occ ≈ 2%—

    AirbnbVrboBooking

  • Ole Bud Cabin by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 10 · 2.2 mi

    Revenue $63,493ADR $308Occ ≈ 56%—

    Booking

  • Lazy Bear Meadow | Dog-Friendly Cabin, Fenced Yard

    House · 3 bd · 2 ba · sleeps 7 · 2.2 mi

    Revenue $23,100ADR $200Occ ≈ 32%4.8★ (14)

    AirbnbVrboBooking

  • Sevierville East - Easy Access - Dog Friendly

    House · 3 bd · 2 ba · sleeps 10 · 2.2 mi

    Revenue $37,101ADR $238Occ ≈ 43%4.8★ (12)

    AirbnbVrbo

  • Breathtaking views of Smoky Mts

    Cabin · 3 bd · 2 ba · sleeps 8 · 2.3 mi

    Revenue $35,756ADR $214Occ ≈ 46%5★ (220)

    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

$49,295

NOI

$27,989

Cash flow /mo

$2,332

Cash needed

$575,900

Cash-on-cash (all cash)

4.9%

ROE (yr 1)

7.6%

Cap rate

5.2%

DSCR

—

Year-1 write-off

$124,940

Year-1 tax shield @ 32%

$39,981

Year-1 return on equity

  • Cash flow (annual)$27,989
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$16,050
ROE7.6%

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

  • Purchase price (all cash)$535,000
  • 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.

5-year property$75,600
  • Kitchen cabinetsdefault

    $10,200 new × 100% good × 1.12 allocation

    $11,500
  • Kitchen countertopsdefault

    $8,400 new × 100% good × 1.12 allocation

    $9,400
  • Decorative trimdefault

    $3,500 new × 100% good × 1.12 allocation

    $4,000
  • Mirrorsdefault

    $300 new × 100% good × 1.12 allocation

    $300
  • Shelvingdefault

    $1,200 new × 100% good × 1.12 allocation

    $1,300
  • Window coverings (20)default

    $5,000 new × 100% good × 1.12 allocation

    $5,600
  • Carpet, vinyl & laminate (40% of floors)default

    $5,200 new × 100% good × 1.12 allocation

    $5,800
  • Kitchen & laundry equipment plumbingdefault

    $8,000 new × 100% good × 1.12 allocation

    $8,900
  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 100% good × 1.12 allocation

    $5,400
  • Appliances (range, microwave, dishwasher)listing

    $3,500 new × 100% good × 1.12 allocation

    $3,900
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$48,200
  • Paving: driveway & walks (paved)default

    $9,300 new × 100% good × 1.12 allocation

    $10,400
  • Landscaping (typical)default

    $9,000 new × 100% good × 1.12 allocation

    $10,000
  • Patiosdefault

    $2,000 new × 100% good × 1.12 allocation

    $2,200
  • Decks & porches (attached)listing

    $22,700 new × 100% good × 1.12 allocation

    $25,500
Building, 39-year$350,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $219,400 new × 100% good × 1.12 allocation

    $245,700
  • Building plumbing & fixturesdefault

    $22,800 new × 100% good × 1.12 allocation

    $25,500
  • Building electrical & lightingdefault

    $22,900 new × 100% good × 1.12 allocation

    $25,600
  • HVACdefault

    $22,800 new × 100% good × 1.12 allocation

    $25,500
  • Hardwood & tile floorsdefault

    $7,800 new × 100% good × 1.12 allocation

    $8,700
  • Fireplaces (2)listing

    $5,300 new × 100% good × 1.12 allocation

    $5,900
  • Septic systemlisting

    $12,000 new × 100% good × 1.12 allocation

    $13,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.