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1654 Veterans Blvd Unit 29

1654 Veterans Blvd Unit 29

Sevierville, TN 37862

$444,999

2 bd · 2 ba · 1,120 sqft · Listed 1d ago

View on Realtor.com →
Est. land %

Year built

2023

Sqft

1,120

Lot sqft

—

HOA / mo

$180

Furnished

No

List date

2026-10-29T16:09:37.000000Z

Revenue

Annual revenue

$41,504

ADR

$208

Occupancy

55%

Cleaning fees (12 mo)

$10,080

Confidence

Med (54.57), 30 comps

Comp revenue range (p25 / median / p75)

$25,414$39,086$47,087

Median revenue of shown comps: $39,086

  • Cozy 2BR Cabin Near Dollywood & Attractions!

    Cabin · 2 bd · 2 ba · sleeps 4 · 69 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $38,925ADR $172Occ ≈ 62%4.9★ (144)

    Airbnb

  • Centrally located cabin with great amenities!

    Cabin · 2 bd · 2 ba · sleeps 6 · 125 ft

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

    Revenue $44,350ADR $246Occ ≈ 49%4.9★ (109)

    AirbnbVrboBooking

  • 2 King Suites | 4 Mi Dollywood • Hot Tub • Pets

    House · 2 bd · 2 ba · sleeps 4 · 157 ft

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

    Revenue $34,649ADR $199Occ ≈ 48%4.8★ (67)

    AirbnbVrbo

  • EasyAccess|HotTub+Arcade+Foosball+Fireplace+DogOK

    Cabin · 2 bd · 2 ba · sleeps 6 · 157 ft

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

    Revenue $52,404ADR $213Occ ≈ 67%5★ (98)

    AirbnbVrboBooking

  • Chic Treehouse Cabin with View

    House · 2 bd · 2.5 ba · sleeps 6 · 157 ft

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

    Revenue $35,761ADR $279Occ ≈ 35%4.8★ (68)

    AirbnbVrboBooking

  • Mountain Cabin • 3 Mi Dollywood • Hot Tub/PacMan

    Cabin · 2 bd · 1 ba · sleeps 5 · 157 ft

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

    Revenue $43,772ADR $260Occ ≈ 46%4.8★ (103)

    AirbnbVrboBooking

  • LongRngViews! ~ NearDollywood~ Hot Tub~ Games!

    Cabin · 2 bd · 1 ba · sleeps 4 · 190 ft

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

    Revenue $47,212ADR $194Occ ≈ 67%5★ (145)

    AirbnbVrbo

  • Butterfly Cabin II, New cabin close to Dollywood

    Cabin · 2 bd · 2.5 ba · sleeps 4 · 223 ft

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

    Revenue $25,808ADR $220Occ ≈ 32%4.9★ (58)

    Airbnb

  • Lux Treehouse Cabin, Hot Tub, Sauna, Arcade,

    Cabin · 2 bd · 2 ba · sleeps 6 · 256 ft

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

    Revenue $71,838ADR $282Occ ≈ 70%5★ (227)

    AirbnbVrbo

  • Game Room and Hot Tub! Only 4 Miles to Dollywood!

    Cabin · 2 bd · 2 ba · sleeps 5 · 276 ft

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

    Revenue $67,066ADR $235Occ ≈ 78%5★ (185)

    AirbnbVrbo

Show 20 more

  • *Cozy 2BD Cabin Near TOWN! Fireplace + HOT TUB*

    Cabin · 2 bd · 2 ba · sleeps 5 · 400 ft

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

    Revenue $42,210ADR $187Occ ≈ 62%4.8★ (88)

    AirbnbVrbo

  • Smoky Mt Jackpot| New 2 BR Cabin w Pool Sleeps 8

    House · 2 bd · 2.5 ba · sleeps 8 · 420 ft

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

    Revenue $10,560ADR $363Occ ≈ 8%—

    AirbnbVrboBooking

  • Modern Cabin, Hot Tub, Arcade, Views, 5 Min to PF

    Cabin · 2 bd · 2 ba · sleeps 6 · 459 ft

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

    Revenue $49,079ADR $206Occ ≈ 65%5★ (171)

    AirbnbVrbo

  • 7 Min to Dollywood– 2b/3ba, Rooftop Deck & Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 8 · 472 ft

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

    Revenue $28,996ADR $319Occ ≈ 25%4.8★ (28)

    AirbnbVrboBooking

  • NEW, 2 bed, Dollywod & PF Cabin!

    Cabin · 2 bd · 2 ba · sleeps 6 · 499 ft

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $43,319ADR $178Occ ≈ 67%5★ (193)

    Airbnb

  • Close to Dollywood! Hot Tub! Mountain View’s!

    Cabin · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $39,246ADR $181Occ ≈ 59%5★ (132)

    AirbnbVrbo

  • New cabin in Smokies! 2b/2b, hot tub PLUS gameroom

    Cabin · 2 bd · 2 ba · sleeps 5 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $43,707ADR $177Occ ≈ 68%4.8★ (53)

    AirbnbVrboBooking

  • Great Location-Near Dollywood-HotTub-Arcade Games

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $46,711ADR $224Occ ≈ 57%4.9★ (132)

    AirbnbVrbo

  • Open Skydeck with Spectacular View and Hot Tub

    Cabin · 2 bd · 2.5 ba · sleeps 7 · 0.1 mi

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

    Revenue $67,981ADR $246Occ ≈ 76%5★ (72)

    AirbnbVrboBooking

  • 2 Bedroom| 1 Bathroom Condo| Sevierville| Near Dollywood | Budget Friendly

    Condominium (condo) · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $21,926ADR $129Occ ≈ 47%4.5★ (4)

    Delisted

  • 2-Bedroom, 1-Bath Condo | Sleeps 5 | Budget-Frien

    Condominium (condo) · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $19,167ADR $145Occ ≈ 36%4.8★ (17)

    AirbnbBooking

  • 2 Bedroom| 1 Bathroom Condo| Sevierville| Near Dol

    Condominium (condo) · 2 bd · 1 ba · sleeps 5 · 0.3 mi

    Revenue $25,283ADR $136Occ ≈ 51%4.5★ (15)

    AirbnbBooking

  • Two Bedroom | One bathroom condo | Budget Friendly

    Condominium (condo) · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $17,635ADR $135Occ ≈ 36%5★ (5)

    AirbnbBooking

  • Two Bedroom | One bathroom condo | Budget Friendly| Sleeps 4|Free Tkts

    Condominium (condo) · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $21,606ADR $122Occ ≈ 49%5★

    Delisted

  • Two bedroom, One Bath condo| Sevierville| Sleeps 4

    Condominium (condo) · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $28,625ADR $126Occ ≈ 62%4.8★ (8)

    Airbnb

  • 2 Bedroom, 1 bathroom condo| Mountain View| Seiver

    Condominium (condo) · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $26,406ADR $143Occ ≈ 51%4.7★ (14)

    AirbnbBooking

  • 2BR Mountain Escape w/ Hot Tub & Resort Amenities

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

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

    Revenue $2,397ADR $159Occ ≈ 4%—

    AirbnbVrboBooking

  • Two-bedroom, one-bathroom condo| Sevierville| Slee

    Condominium (condo) · 2 bd · 1 ba · sleeps 4 · 0.3 mi

    Revenue $20,357ADR $125Occ ≈ 45%4.9★ (8)

    AirbnbBooking

  • cabin in Smokies! 2b/2b, hot tub PLUS gameroom

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $57,329ADR $228Occ ≈ 69%4.8★ (31)

    AirbnbVrboBooking

  • Modern 2 bedroom 4M from Dollywood Private Hot Tub

    Cottage · 2 bd · 1 ba · sleeps 4 · 0.6 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +3

    Revenue $56,454ADR $177Occ ≈ 87%4.8★ (291)

    Airbnb

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

$41,504

NOI

$18,391

Cash flow /mo

$1,533

Cash needed

$484,799

Cash-on-cash (all cash)

3.8%

ROE (yr 1)

6.5%

Cap rate

4.1%

DSCR

—

Year-1 write-off

$129,112

Year-1 tax shield @ 32%

$41,316

Year-1 return on equity

  • Cash flow (annual)$18,391
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$13,350
ROE6.5%

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)$8,301
  • Platform fees (3% of revenue)$1,245
  • Maintenance / capex (5% of revenue)$2,075
  • Utilities & supplies$4,200
  • HOA$2,160
  • Property tax$2,462
  • Insurance (STR-rated)$2,670

Cash needed to close

  • Purchase price (all cash)$444,999
  • Closing costs (4.0%)$17,800
  • Furnishing (bought new)$22,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$41,316

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

$378,000

Short-life (5/15-yr)

$107,000 · 28%

Year-1 deduction

$129,000

Year-1 tax shield @ 32%

$41,000

Land 15% (market default, no usable tax-record split) · building $271,000 over 39 years · new furniture $22,000

Based on: 1,120 sq ft, built 2023, 2 bd / 2 ba, unfurnished, listing features (hot tub, game room, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $98,000 in year 1 (20% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$103,400

  • Kitchen cabinetsdefault

    $8,300 new × 88% good × 1.83 allocation

    $13,300

  • Kitchen countertopsdefault

    $6,800 new × 88% good × 1.83 allocation

    $10,900

  • Decorative trimdefault

    $2,000 new × 88% good × 1.83 allocation

    $3,200

  • Mirrorsdefault

    $300 new × 75% good × 1.83 allocation

    $400

  • Shelvingdefault

    $900 new × 88% good × 1.83 allocation

    $1,400

  • Window coverings (11)default

    $2,800 new × 70% good × 1.83 allocation

    $3,500

  • Carpet, vinyl & laminate (100% of floors)listing

    $7,200 new × 75% good × 1.83 allocation

    $9,900

  • Kitchen & laundry equipment plumbingdefault

    $6,400 new × 94% good × 1.83 allocation

    $11,000

  • Kitchen, laundry & data equipment electricaldefault

    $3,900 new × 94% good × 1.83 allocation

    $6,700

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

    $7,000 new × 75% good × 1.83 allocation

    $9,600

  • Hot tub (freestanding)listing

    $9,000 new × 70% good × 1.83 allocation

    $11,500

  • 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$25,400

  • Paving: driveway & walks (paved)default

    $6,900 new × 88% good × 1.83 allocation

    $11,200

  • Landscaping (typical)default

    $6,700 new × 88% good × 1.83 allocation

    $10,700

  • Patiosdefault

    $1,100 new × 88% good × 1.83 allocation

    $1,800

  • Decks & porches (attached)default

    $1,100 new × 85% good × 1.83 allocation

    $1,700
Building, 39-year$271,400

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

    $121,200 new × 95% good × 1.83 allocation

    $210,500

  • Building plumbing & fixturesdefault

    $12,500 new × 94% good × 1.83 allocation

    $21,600

  • Building electrical & lightingdefault

    $11,500 new × 94% good × 1.83 allocation

    $19,700

  • HVACdefault

    $12,600 new × 85% good × 1.83 allocation

    $19,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$103,400$25,400$300$129,100
2$0$0$7,000$7,000
3$0$0$7,000$7,000
4$0$0$7,000$7,000
5$0$0$7,000$7,000
6+$0$0$243,300$243,300
Total$103,400$25,400$271,400$400,200

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, 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.