Wears Valley Luxury Cabin Retreat

This 4-bedroom, 6-bath luxury cabin is purpose-built for the Smoky Mountain short-term rental market, featuring high-end finishes, ample entertainment space, and strong guest amenities. The property is turnkey and rental-ready, with each bedroom offering an en suite bath, and common areas designed for group stays. Underwriting metrics indicate high expected cash flow and a strong cash-on-cash return, assuming continued demand and occupancy at modeled rates. The primary caveat is the premium pricing relative to recent comparable sales, which places greater emphasis on achieving projected rental performance. This opportunity is best suited for investors seeking a high-yield, professionally managed STR asset in a mature vacation market.

Sevierville, TN is a well-established short-term rental market, particularly for large cabins catering to vacationing groups visiting the Smoky Mountains. The property type aligns with strong regional demand for luxury, amenity-rich accommodations. High-confidence valuation and income estimates reflect the maturity of the local STR market, though premium pricing requires careful attention to ongoing rental performance and market competition.

Located in Wears Valley, this property benefits from scenic mountain views and a setting that appeals to vacationing families and groups. The area is characterized by similar large cabins and is known for its guest-friendly environment, though conclusions about hyperlocal demand are based on broader market signals rather than detailed neighborhood-specific data. Overall guest appeal is high, but investors should confirm local STR regulations and neighborhood sentiment during diligence.

At a $1.2M purchase price, underwriting projects a monthly expected income of $15,450 and cash flow of $5,583, with a modeled occupancy rate of 68% and ADR of $747. The estimated cash-on-cash return is 27.9%, assuming a 20% down payment, 6.4% interest rate, and 25% expense ratio. These figures are high-confidence, but are sensitive to actual occupancy and nightly rate performance. The premium price relative to recent sales underscores the need for sustained rental demand and operational efficiency.

Asking sits roughly 1% above the modeled range.