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866 Cabin Creek Way

866 Cabin Creek Way

Sevierville, TN 37862

$587,000

3 bd · 2 ba · 2,100 sqft · Listed 1d ago

View on Realtor.com →
Low confidenceEst. land %

Year built

2023

Sqft

2,100

Lot sqft

17,424

HOA / mo

$104

Furnished

No

List date

2026-10-02T18:22:17.000000Z

Revenue

Annual revenue

$38,082

ADR

$207

Occupancy

50%

Cleaning fees (12 mo)

$5,484

Confidence

Low (39.41), 33 comps

Comp revenue range (p25 / median / p75)

$20,977$36,499$55,311

Median revenue of shown comps: $36,499

  • Creekside Cabin w/ Hot Tub: 7 Mi to Pigeon Forge

    Cabin · 3 bd · 2 ba · sleeps 10 · 30 ft

    Revenue $23,560ADR $280Occ ≈ 23%4.5★ (2)

    AirbnbVrboBooking

  • Tranquil Mountain Retreat w/ Indoor Pool

    House · 3 bd · 3 ba · sleeps 10 · 469 ft

    Revenue $87,870ADR $465Occ ≈ 52%5★ (2)

    Vrbo

  • Modern Mountain Tranquility by Venture Smoky Mountains

    Vacation home · 3 bd · 3 ba · sleeps 10 · 469 ft

    Revenue $58,441ADR $553Occ ≈ 29%5★ (2)

    Booking

  • Tranquil Mountain Retreat w/ Indoor Pool

    House · 3 bd · 3 ba · sleeps 10 · 482 ft

    Revenue $101,663ADR $495Occ ≈ 56%3★ (2)

    AirbnbVrbo

  • Stunning & Serene Cabin, Sleeps 6・Hot Tub・Grill

    House · 3 bd · 3 ba · sleeps 6 · 0.1 mi

    Revenue $37,837ADR $186Occ ≈ 56%3★ (2)

    AirbnbVrboBooking

  • 3BR w/lush views, hot tub, free attraction tickets

    House · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $36,499ADR $281Occ ≈ 36%3.8★ (5)

    AirbnbVrbo

  • Love View

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $69,899ADR $291Occ ≈ 66%—

    Booking

  • A Dolly Good Time with Fireplace and Game Room

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $25,448ADR $234Occ ≈ 30%—

    Booking

  • Fall Specials|Pet Friendly|Hot tub|Gameroom|PS4

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $71,267ADR $320Occ ≈ 61%5★ (282)

    AirbnbVrbo

  • Brooklyn Hide a way

    House · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $46,562ADR $191Occ ≈ 67%5★ (57)

    AirbnbVrbo

Show 19 more
  • Hidden Retreat 10 minutes from city, but quiet!

    Guest suite · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $16,986ADR $211Occ ≈ 22%4.8★ (68)

    AirbnbVrbo

  • Lazy Bear Hideaway

    House · 3 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $20,977ADR $201Occ ≈ 29%4.8★ (145)

    AirbnbVrbo

  • Beautiful & Cozy Amazing Views, Games rm, Hot Tub!

    House · 3 bd · 3 ba · sleeps 9 · 0.4 mi

    Revenue $59,379ADR $286Occ ≈ 57%4.8★ (304)

    AirbnbVrboBooking

  • Hideaway Cove

    Vacation home · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    Revenue $32,084ADR $267Occ ≈ 33%4.7★ (9)

    Booking

  • 7 Miles to Dollywood * Hot Tub*Modern Retreat

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

    Revenue $59,518ADR $288Occ ≈ 57%5★ (121)

    AirbnbVrboBooking

  • 3 Decks, Dollywood, GREAT Location, Hot Tub, GSMNP

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

    Revenue $55,156ADR $306Occ ≈ 49%5★ (62)

    AirbnbVrbo

  • Hideaway Hollow

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

    Revenue $2,781ADR $448Occ ≈ 2%5★ (1)

    AirbnbVrboBooking

  • Peaceful Escape By The Mountains

    House · 3 bd · 1.5 ba · sleeps 8 · 0.4 mi

    Revenue $10,476ADR $96Occ ≈ 30%5★ (1)

    Airbnb

  • ★The Hideaway★ | Theater, View, Hot Tub, BBQ

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $35,863ADR $320Occ ≈ 31%4.8★ (121)

    AirbnbVrbo

  • Hidden Retreat Huge family area. Fireplace, outside grill, private, secluded.

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

    Revenue $16,563ADR $203Occ ≈ 22%4.8★ (11)

    Vrbo

  • Smokey Mountain Acres w/ Hot tub & Views

    Apartment · 3 bd · 1.5 ba · sleeps 8 · 0.5 mi

    Revenue $44,502ADR $239Occ ≈ 51%4.7★ (116)

    AirbnbVrbo

  • Great Location, Sleeps 8・Near Parkway・Hot Tub

    House · 3 bd · 2.5 ba · sleeps 8 · 0.5 mi

    Revenue $23,504ADR $213Occ ≈ 30%4.7★ (19)

    AirbnbVrboBooking

  • Cozy Cottage - Minutes from Attractions!

    House · 3 bd · 1 ba · sleeps 6 · 0.5 mi

    Revenue $24,594ADR $162Occ ≈ 42%5★ (281)

    Vrbo

  • Luxury Retreat w/ Hot Tub, Arcade, Huge Rec Room

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $55,311ADR $376Occ ≈ 40%5★ (70)

    AirbnbVrbo

  • Blessed Mountain Acres w/ Hot tub & Mtn Views

    Apartment · 3 bd · 1 ba · sleeps 8 · 0.6 mi

    Revenue $40,330ADR $233Occ ≈ 47%4.3★ (92)

    AirbnbVrbo

  • Jason's Log Cabin Retreat w/ Hot tub & Views

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

    Revenue $53,050ADR $239Occ ≈ 61%4.8★ (175)

    AirbnbVrbo

  • Westover Park Condo 101 - A Quiet Getaway Near the Great Smoky Mountains

    Condominium (condo) · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    Revenue $17,832ADR $198Occ ≈ 25%4.7★ (127)

    Vrbo

  • Candy Cottage

    House · 3 bd · 3 ba · sleeps 6 · 0.7 mi

    Revenue $11,133ADR $161Occ ≈ 19%4.9★ (18)

    Airbnb

  • Mid-Century Vintage Brick Ranch Style Guesthouse

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

    Revenue $13,862ADR $196Occ ≈ 19%3.1★ (78)

    AirbnbVrboBooking

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

$38,082

NOI

$15,464

Cash flow /mo

$1,289

Cash needed

$629,980

Cash-on-cash (all cash)

2.5%

ROE (yr 1)

5.3%

Cap rate

2.6%

DSCR

—

Year-1 write-off

$132,262

Year-1 tax shield @ 32%

$42,324

Year-1 return on equity

  • Cash flow (annual)$15,464
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,610
ROE5.3%

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)$7,616
  • Platform fees (3% of revenue)$1,142
  • Maintenance / capex (5% of revenue)$1,904
  • Utilities & supplies$4,200
  • HOA$1,248
  • Property tax$2,985
  • Insurance (STR-rated)$3,522

Cash needed to close

  • Purchase price (all cash)$587,000
  • Closing costs (4.0%)$23,480
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$42,324

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

$499,000

Short-life (5/15-yr)

$112,000 · 23%

Year-1 deduction

$132,000

Year-1 tax shield @ 32%

$42,000

Land 15% (market default, no usable tax-record split) · building $387,000 over 39 years · new furniture $20,000

Based on: 2,100 sq ft, built 2023, 3 bd / 2 ba, unfurnished, listing features (deck, fireplace, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $78,000 in year 1 (12% short-life, $25,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$81,300
  • Kitchen cabinetsdefault

    $10,400 new × 88% good × 1.32 allocation

    $12,100
  • Kitchen countertopsdefault

    $8,500 new × 88% good × 1.32 allocation

    $9,900
  • Decorative trimdefault

    $3,700 new × 88% good × 1.32 allocation

    $4,300
  • Mirrorsdefault

    $300 new × 75% good × 1.32 allocation

    $300
  • Shelvingdefault

    $1,200 new × 88% good × 1.32 allocation

    $1,400
  • Window coverings (21)default

    $5,300 new × 70% good × 1.32 allocation

    $4,800
  • Carpet, vinyl & laminate (40% of floors)default

    $5,400 new × 75% good × 1.32 allocation

    $5,300
  • Kitchen & laundry equipment plumbingdefault

    $8,100 new × 94% good × 1.32 allocation

    $10,000
  • Kitchen, laundry & data equipment electricaldefault

    $4,900 new × 94% good × 1.32 allocation

    $6,100
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 75% good × 1.32 allocation

    $7,600
  • Furniture bought newlisting

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

    $19,500
15-year land improvements$50,500
  • Paving: driveway & walks (paved)default

    $9,500 new × 88% good × 1.32 allocation

    $11,000
  • Landscaping (typical)default

    $9,100 new × 88% good × 1.32 allocation

    $10,600
  • Patiosdefault

    $2,100 new × 88% good × 1.32 allocation

    $2,400
  • Decks & porches (attached)listing

    $23,600 new × 85% good × 1.32 allocation

    $26,500
Building, 39-year$386,600
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $228,000 new × 95% good × 1.32 allocation

    $285,600
  • Building plumbing & fixturesdefault

    $23,600 new × 94% good × 1.32 allocation

    $29,300
  • Building electrical & lightingdefault

    $23,900 new × 94% good × 1.32 allocation

    $29,600
  • HVACdefault

    $23,700 new × 85% good × 1.32 allocation

    $26,500
  • Hardwood & tile floorsdefault

    $8,100 new × 88% good × 1.32 allocation

    $9,400
  • Fireplaces (2)listing

    $5,300 new × 88% good × 1.32 allocation

    $6,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$81,300$50,500$400$132,300
2$0$0$9,900$9,900
3$0$0$9,900$9,900
4$0$0$9,900$9,900
5$0$0$9,900$9,900
6+$0$0$346,500$346,500
Total$81,300$50,500$386,600$518,400

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.

866 Cabin Creek Way, Sevierville, TN: $587K Airbnb Analysis