2489 Waldens Creek Rd
Sevierville, TN 37862
$675,000
2 bd · 2.5 ba · 1,856 sqft · Listed 1d ago
View on Realtor.com →Year built
2022
Sqft
1,856
Lot sqft
33,541
HOA / mo
$0
Furnished
No
List date
2026-10-16T16:49:25.000000Z
Revenue
Annual revenue
$57,313
ADR
$244
Occupancy
64%
Cleaning fees (12 mo)
$9,890
Confidence
Low (44.58), 40 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $46,036
Pup Friendly, King Beds, Community Pool, Bunks
Cabin · 2 bd · 2 ba · sleeps 7 · 0.4 mi
Revenue $29,696ADR $393Occ ≈ 21%5★ (93)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Comfortable Quiet Mountain Cabin House
| 2 bd · 2 ba · sleeps 6 | $45,832 | $231 | 54% | 4.9★ (137) | 377 ft | AirbnbVrbo |
Saddle Creek - Private Indoor Pool, Games + More! Cabin | 2 bd · 2 ba · sleeps 8 | $60,077 | $393 | 42% | 4.1★ (22) | 0.3 mi | AirbnbBooking |
The Farmhouse Cabin
| 2 bd · 2 ba · sleeps 4 | $81,708 | $471 | 48% | 4.7★ (108) | 0.3 mi | AirbnbVrbo |
LOCATION! Log Cabin! Sleeps 6, NO SCARY Roads! Cabin
| 2 bd · 2 ba · sleeps 6 | $72,869 | $453 | 44% | 5★ (107) | 0.3 mi | AirbnbVrbo |
Creekside Cabin w/ Indoor Pool-Game Room & Hot Tub Cabin
| 2 bd · 2 ba · sleeps 6 | $84,741 | $416 | 56% | 4.8★ (80) | 0.3 mi | AirbnbVrboBooking |
TuckeredBear,Great View,Pool Table,HotTub,Peaceful Cabin
| 2 bd · 2 ba · sleeps 6 | $62,836 | $262 | 66% | 5★ (189) | 0.3 mi | AirbnbVrbo |
Hot Tub Cabin•King Suites•Game Room•Near Dollywood Cabin
| 2 bd · 2 ba · sleeps 7 | $43,216 | $345 | 34% | 5★ (18) | 0.4 mi | AirbnbVrbo |
Pup Friendly, King Beds, Community Pool, Bunks Cabin | 2 bd · 2 ba · sleeps 7 | $29,696 | $393 | 21% | 5★ (93) | 0.4 mi | Airbnb |
Mountain Escape-Hot Tub, Waterfalls & Cozy Couch! Cabin
| 2 bd · 2 ba · sleeps 4 | $46,457 | $316 | 40% | 4.9★ (77) | 0.4 mi | AirbnbVrbo |
Cedar Falls! | Sleeps 8 w/ Resort Pool | Top 10% Cabin
| 2 bd · 2 ba · sleeps 8 | $70,478 | $260 | 74% | 4.9★ (50) | 0.4 mi | AirbnbVrbo |
Show 23 more
Creekside•15 Min Pigeon Forge• Hot Tub• Pool Table
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $43,882ADR $183Occ ≈ 66%4.8★ (76)
Nature's Cove, Hot Tub, WIFI, 560 FREE tickets each paid day!!!
Chalet · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $36,900ADR $128Occ ≈ 79%3.8★ (8)
Scandinavian Getaway Cozy Vibe with Outdoor Lounge
Vacation home · 2 bd · 2 ba · sleeps 5 · 0.5 mi
Revenue $40,115ADR $242Occ ≈ 45%—
Modern 2BR w/ Garage & Jacuzzi|<1 Mile to Parkway
Cottage · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $31,008ADR $159Occ ≈ 53%5★ (1)
New A-Frame! 7 Mi. to PF/Hot Tub/EV charger/View!
Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $103,425ADR $377Occ ≈ 75%5★ (42)
Quite Cabin On Walden's Creek•15 Min PigeonForge
Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $3,094ADR $162Occ ≈ 5%4.8★ (7)
2 Crazy Cubs-Close to Pigeon Forge
Cabin · 2 bd · 2 ba · sleeps 8 · 0.7 mi
Revenue $52,691ADR $242Occ ≈ 60%5★ (5)
A new luxury cabin. Great views and location!
Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $70,142ADR $365Occ ≈ 53%5★ (25)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Creekside•15 Min Pigeon Forge• Hot Tub• Pool Table Cabin | 2 bd · 2 ba · sleeps 6 | $43,882 | $183 | 66% | 4.8★ (76) | 0.5 mi | Airbnb |
Nature's Cove, Hot Tub, WIFI, 560 FREE tickets each paid day!!! Chalet | 2 bd · 2 ba · sleeps 6 | $36,900 | $128 | 79% | 3.8★ (8) | 0.5 mi | Booking |
Scandinavian Getaway Cozy Vibe with Outdoor Lounge Vacation home | 2 bd · 2 ba · sleeps 5 | $40,115 | $242 | 45% | — | 0.5 mi | Booking |
Modern 2BR w/ Garage & Jacuzzi|<1 Mile to Parkway Cottage | 2 bd · 2 ba · sleeps 6 | $31,008 | $159 | 53% | 5★ (1) | 0.5 mi | Airbnb |
Natures Cove by Bear Camp Cabin
| 2 bd · 2 ba · sleeps 6 | $51,449 | $207 | 68% | 4.6★ (30) | 0.5 mi | AirbnbVrbo |
Cozy 2BD POOL Cabin w/ Hot Tub + Games! Near TOWN! Cabin
| 2 bd · 2.5 ba · sleeps 4 | $81,945 | $301 | 75% | 4.8★ (38) | 0.5 mi | AirbnbVrbo |
New A-Frame! 7 Mi. to PF/Hot Tub/EV charger/View! Cabin | 2 bd · 2 ba · sleeps 6 | $103,425 | $377 | 75% | 5★ (42) | 0.5 mi | Airbnb |
Bana's Place・Hot Tub・GameRoom・Creek View・Pets Welc Cabin | 2 bd · 2 ba · sleeps 4 | $11,871 | $233 | 14% | 4★ (3) | 0.5 mi | AirbnbVrbo |
Waterfront Creek Cabin 12 min Pigeon Forge Hot Tub Cabin | 2 bd · 2 ba · sleeps 6 | $46,846 | $196 | 65% | 4.5★ (237) | 0.6 mi | AirbnbVrbo |
Campfires and Cornbread - 2 Bedroom Cabin w/ Loft Cabin | 2 bd · 2 ba · sleeps 6 | $78,005 | $0 | — | 4.9★ (68) | 0.6 mi | AirbnbBooking |
Bana's Place Vacation home | 2 bd · 2 ba · sleeps 4 | $12,271 | $327 | 10% | — | 0.6 mi | Booking |
Quite Cabin On Walden's Creek•15 Min PigeonForge Cabin | 2 bd · 2 ba · sleeps 6 | $3,094 | $162 | 5% | 4.8★ (7) | 0.6 mi | Airbnb |
A Walk in the Clouds - Luxury Awaits You! Cabin
| 2 bd · 2 ba · sleeps 6 | $8,997 | $243 | 10% | 5★ (2) | 0.6 mi | AirbnbVrbo |
Relaxing Creekside Cottage-Gameroom-FREE Tickets Chalet | 2 bd · 2 ba · sleeps 4 | $15,483 | $245 | 17% | 4.6★ (40) | 0.6 mi | AirbnbVrboBooking |
Peaceful Retreat | Pets OK + Hot Tub + Games Cabin
| 2 bd · 3 ba · sleeps 8 | $66,806 | $247 | 74% | 4.8★ (4) | 0.6 mi | AirbnbVrbo |
2 Crazy Cubs-Close to Pigeon Forge Cabin | 2 bd · 2 ba · sleeps 8 | $52,691 | $242 | 60% | 5★ (5) | 0.7 mi | Airbnb |
Sunset Solitude Cabin | 2 bd · 2 ba · sleeps 4 | $29,121 | $257 | 31% | — | 0.7 mi | AirbnbBooking |
Picturesque Retreat • HotTub • Location • Updated Cabin
| 2 bd · 2 ba · sleeps 8 | $26,567 | $214 | 34% | 5★ (21) | 0.7 mi | AirbnbVrboBooking |
Cabin w/ Hot Tub & Deck ~ 7 Mi to Pigeon Forge! Cabin
| 2 bd · 3 ba · sleeps 8 | $30,831 | $218 | 39% | 4.8★ (88) | 0.7 mi | AirbnbVrboBooking |
Beautiful 2 bedroom 2 bath log cabin with mountain views Pet Friendly Cabin
| 2 bd · 2 ba · sleeps 6 | $46,036 | $196 | 64% | 4.3★ (56) | 0.7 mi | VrboBooking |
A new luxury cabin. Great views and location! Cabin
| 2 bd · 2 ba · sleeps 6 | $70,142 | $365 | 53% | 5★ (25) | 0.7 mi | Airbnb |
2King Bed En Suites!/Creekfront/HotTub/Arcade/Wifi Cabin
| 2 bd · 2 ba · sleeps 6 | $77,039 | $292 | 72% | 5★ (207) | 0.7 mi | AirbnbVrbo |
Peaceful Pines - Charming Woodland Cabin - Hot T Cabin
| 2 bd · 2 ba · sleeps 6 | $24,106 | $244 | 27% | 5★ (20) | 0.7 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium
Est. revenue
$57,313
NOI
$30,227
Cash flow /mo
-$1,249
Cash needed
$217,750
Cash-on-cash
-6.9%
ROE (yr 1)
4.3%
Cap rate
4.5%
DSCR
0.67
Year-1 write-off
$148,210
Year-1 tax shield @ 32%
$47,427
Year-1 return on equity
- Cash flow (annual)-$14,986
- Principal paydown$4,105
- Appreciation at%$20,250
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)$11,463
- Platform fees (3% of revenue)$1,719
- Maintenance / capex (5% of revenue)$2,866
- Utilities & supplies$4,200
- HOA$0
- Property tax$2,788
- Insurance (STR-rated)$4,050
Cash needed to close
- Down payment (25%)$168,750
- Closing costs (4.0%)$27,000
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$47,427
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
$574,000
Short-life (5/15-yr)
$126,000 · 22%
Year-1 deduction
$148,000
Year-1 tax shield @ 32%
$47,000
Land 15% (market default, no usable tax-record split) · building $448,000 over 39 years · new furniture $22,000
Based on: 1,856 sq ft, built 2022, 2 bd / 2.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $86,000 in year 1 (11% short-life, $27,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $14,000
Kitchen cabinetsdefault
$9,900 new × 84% good × 1.69 allocation
- $14,300
Kitchen countertops (stone)listing
$10,100 new × 84% good × 1.69 allocation
- $4,600
Decorative trimdefault
$3,200 new × 84% good × 1.69 allocation
- $300
Mirrorsdefault
$300 new × 67% good × 1.69 allocation
- $1,300
Shelvingdefault
$900 new × 84% good × 1.69 allocation
- $4,800
Window coverings (19)default
$4,800 new × 60% good × 1.69 allocation
- $11,900
Kitchen & laundry equipment plumbingdefault
$7,700 new × 92% good × 1.69 allocation
- $7,200
Kitchen, laundry & data equipment electricaldefault
$4,600 new × 92% good × 1.69 allocation
- $8,700
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 67% good × 1.69 allocation
- $9,100
Hot tub (freestanding)listing
$9,000 new × 60% good × 1.69 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $12,700
Paving: driveway & walks (paved)default
$8,900 new × 84% good × 1.69 allocation
- $6,100
Landscaping (minimal)listing
$4,300 new × 84% good × 1.69 allocation
- $2,600
Patiosdefault
$1,800 new × 84% good × 1.69 allocation
- $28,200
Decks & porches (attached)listing
$20,900 new × 80% good × 1.69 allocation
- $317,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$201,600 new × 93% good × 1.69 allocation
- $32,400
Building plumbing & fixturesdefault
$20,900 new × 92% good × 1.69 allocation
- $32,300
Building electrical & lightingdefault
$20,800 new × 92% good × 1.69 allocation
- $28,200
HVACdefault
$20,900 new × 80% good × 1.69 allocation
- $16,900
Hardwood & tile floorsdefault
$11,900 new × 84% good × 1.69 allocation
- $3,700
Fireplacelisting
$2,600 new × 84% good × 1.69 allocation
- $17,000
Septic systemlisting
$12,000 new × 84% good × 1.69 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $98,200 | $49,500 | $500 | $148,200 |
| 2 | $0 | $0 | $11,500 | $11,500 |
| 3 | $0 | $0 | $11,500 | $11,500 |
| 4 | $0 | $0 | $11,500 | $11,500 |
| 5 | $0 | $0 | $11,500 | $11,500 |
| 6+ | $0 | $0 | $401,600 | $401,600 |
| Total | $98,200 | $49,500 | $448,000 | $595,800 |
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.