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2489 Waldens Creek Rd

2489 Waldens Creek Rd

Sevierville, TN 37862

$675,000

2 bd · 2.5 ba · 1,856 sqft · Listed 1d ago

View on Realtor.com →
Est. land %

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)

$29,552$46,652$70,226

Median revenue of shown comps: $46,036

  • Comfortable Quiet Mountain Cabin

    House · 2 bd · 2 ba · sleeps 6 · 377 ft

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $45,832ADR $231Occ ≈ 54%4.9★ (137)

    AirbnbVrbo

  • Saddle Creek - Private Indoor Pool, Games + More!

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $60,077ADR $393Occ ≈ 42%4.1★ (22)

    AirbnbBooking

  • The Farmhouse

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +4

    Revenue $81,708ADR $471Occ ≈ 48%4.7★ (108)

    AirbnbVrbo

  • LOCATION! Log Cabin! Sleeps 6, NO SCARY Roads!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $72,869ADR $453Occ ≈ 44%5★ (107)

    AirbnbVrbo

  • Creekside Cabin w/ Indoor Pool-Game Room & Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $84,741ADR $416Occ ≈ 56%4.8★ (80)

    AirbnbVrboBooking

  • TuckeredBear,Great View,Pool Table,HotTub,Peaceful

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $62,836ADR $262Occ ≈ 66%5★ (189)

    AirbnbVrbo

  • Hot Tub Cabin•King Suites•Game Room•Near Dollywood

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $43,216ADR $345Occ ≈ 34%5★ (18)

    AirbnbVrbo

  • Pup Friendly, King Beds, Community Pool, Bunks

    Cabin · 2 bd · 2 ba · sleeps 7 · 0.4 mi

    Revenue $29,696ADR $393Occ ≈ 21%5★ (93)

    Airbnb

  • Mountain Escape-Hot Tub, Waterfalls & Cozy Couch!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.4 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $46,457ADR $316Occ ≈ 40%4.9★ (77)

    AirbnbVrbo

  • Cedar Falls! | Sleeps 8 w/ Resort Pool | Top 10%

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.4 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $70,478ADR $260Occ ≈ 74%4.9★ (50)

    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)

    Delisted

  • 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)

    Booking

  • Scandinavian Getaway Cozy Vibe with Outdoor Lounge

    Vacation home · 2 bd · 2 ba · sleeps 5 · 0.5 mi

    Revenue $40,115ADR $242Occ ≈ 45%—

    Booking

  • 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)

    Airbnb

  • Natures Cove by Bear Camp

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $51,449ADR $207Occ ≈ 68%4.6★ (30)

    AirbnbVrbo

  • Cozy 2BD POOL Cabin w/ Hot Tub + Games! Near TOWN!

    Cabin · 2 bd · 2.5 ba · sleeps 4 · 0.5 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $81,945ADR $301Occ ≈ 75%4.8★ (38)

    AirbnbVrbo

  • 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)

    Airbnb

  • Bana's Place・Hot Tub・GameRoom・Creek View・Pets Welc

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $11,871ADR $233Occ ≈ 14%4★ (3)

    AirbnbVrbo

  • Waterfront Creek Cabin 12 min Pigeon Forge Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $46,846ADR $196Occ ≈ 65%4.5★ (237)

    AirbnbVrbo

  • Campfires and Cornbread - 2 Bedroom Cabin w/ Loft

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $78,005ADR $0Occ ≈ —4.9★ (68)

    AirbnbBooking

  • Bana's Place

    Vacation home · 2 bd · 2 ba · sleeps 4 · 0.6 mi

    Revenue $12,271ADR $327Occ ≈ 10%—

    Booking

  • Quite Cabin On Walden's Creek•15 Min PigeonForge

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $3,094ADR $162Occ ≈ 5%4.8★ (7)

    Airbnb

  • A Walk in the Clouds - Luxury Awaits You!

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.6 mi

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +3

    Revenue $8,997ADR $243Occ ≈ 10%5★ (2)

    AirbnbVrbo

  • Relaxing Creekside Cottage-Gameroom-FREE Tickets

    Chalet · 2 bd · 2 ba · sleeps 4 · 0.6 mi

    Revenue $15,483ADR $245Occ ≈ 17%4.6★ (40)

    AirbnbBooking

  • Peaceful Retreat | Pets OK + Hot Tub + Games

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $66,806ADR $247Occ ≈ 74%4.8★ (4)

    AirbnbVrbo

  • 2 Crazy Cubs-Close to Pigeon Forge

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $52,691ADR $242Occ ≈ 60%5★ (5)

    Airbnb

  • Sunset Solitude

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.7 mi

    Revenue $29,121ADR $257Occ ≈ 31%—

    AirbnbBooking

  • Picturesque Retreat • HotTub • Location • Updated

    Cabin · 2 bd · 2 ba · sleeps 8 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $26,567ADR $214Occ ≈ 34%5★ (21)

    AirbnbVrboBooking

  • Cabin w/ Hot Tub & Deck ~ 7 Mi to Pigeon Forge!

    Cabin · 2 bd · 3 ba · sleeps 8 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $30,831ADR $218Occ ≈ 39%4.8★ (88)

    AirbnbVrboBooking

  • Beautiful 2 bedroom 2 bath log cabin with mountain views Pet Friendly

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $46,036ADR $196Occ ≈ 64%4.3★ (56)

    VrboBooking

  • 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)

    Airbnb

  • 2King Bed En Suites!/Creekfront/HotTub/Arcade/Wifi

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $77,039ADR $292Occ ≈ 72%5★ (207)

    AirbnbVrbo

  • Peaceful Pines - Charming Woodland Cabin - Hot T

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +2

    Revenue $24,106ADR $244Occ ≈ 27%5★ (20)

    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

$57,313

NOI

$30,227

Cash flow /mo

$2,519

Cash needed

$724,000

Cash-on-cash (all cash)

4.2%

ROE (yr 1)

7.0%

Cap rate

4.5%

DSCR

—

Year-1 write-off

$148,210

Year-1 tax shield @ 32%

$47,427

Year-1 return on equity

  • Cash flow (annual)$30,227
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$20,250
ROE7.0%

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

  • Purchase price (all cash)$675,000
  • 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.

5-year property$98,200

  • Kitchen cabinetsdefault

    $9,900 new × 84% good × 1.69 allocation

    $14,000

  • Kitchen countertops (stone)listing

    $10,100 new × 84% good × 1.69 allocation

    $14,300

  • Decorative trimdefault

    $3,200 new × 84% good × 1.69 allocation

    $4,600

  • Mirrorsdefault

    $300 new × 67% good × 1.69 allocation

    $300

  • Shelvingdefault

    $900 new × 84% good × 1.69 allocation

    $1,300

  • Window coverings (19)default

    $4,800 new × 60% good × 1.69 allocation

    $4,800

  • Kitchen & laundry equipment plumbingdefault

    $7,700 new × 92% good × 1.69 allocation

    $11,900

  • Kitchen, laundry & data equipment electricaldefault

    $4,600 new × 92% good × 1.69 allocation

    $7,200

  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 67% good × 1.69 allocation

    $8,700

  • Hot tub (freestanding)listing

    $9,000 new × 60% good × 1.69 allocation

    $9,100

  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000

  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$49,500

  • Paving: driveway & walks (paved)default

    $8,900 new × 84% good × 1.69 allocation

    $12,700

  • Landscaping (minimal)listing

    $4,300 new × 84% good × 1.69 allocation

    $6,100

  • Patiosdefault

    $1,800 new × 84% good × 1.69 allocation

    $2,600

  • Decks & porches (attached)listing

    $20,900 new × 80% good × 1.69 allocation

    $28,200
Building, 39-year$448,000

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $201,600 new × 93% good × 1.69 allocation

    $317,400

  • Building plumbing & fixturesdefault

    $20,900 new × 92% good × 1.69 allocation

    $32,400

  • Building electrical & lightingdefault

    $20,800 new × 92% good × 1.69 allocation

    $32,300

  • HVACdefault

    $20,900 new × 80% good × 1.69 allocation

    $28,200

  • Hardwood & tile floorsdefault

    $11,900 new × 84% good × 1.69 allocation

    $16,900

  • Fireplacelisting

    $2,600 new × 84% good × 1.69 allocation

    $3,700

  • Septic systemlisting

    $12,000 new × 84% good × 1.69 allocation

    $17,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.