1890 Scenic Dr

93 — Excellent
Modern Mountain 1 DOMMLS-2026-4870

$950,000

$190/sqft

1890 Scenic Dr

7 BR

6 BA

Sleeps 24

5,000 sqft

Built 2022

0.70 acres

Amenities & Revenue Drivers

Hot Tub+8%Mountain View+15%Game Room+6%Indoor Pool+12%Pet Friendly+4%EV Charger+2%

Zoning & Permits

JurisdictionGatlinburg
STR PermittedYes
Permit Cost$150/yr
Noise ordinance after 10pm
Max occupancy per permit

Description

Trophy 7BR modern mountain estate. Indoor pool, elevator, commercial kitchen, theater, and panoramic views. Designed for $200K+ annual revenue.

Projection Scenario
Better (Moderate)

Gross Revenue

$124,526

Cash Flow

$1,379/mo

CoC Return

9.7%

Cap Rate

9.6%

Property Management Company

Self-managed — no management fee applied

MetricGoodConservativeBetterModerateBestOptimistic
Occupancy Rate48.0%62.0%75.0%
Avg Daily Rate$496$551$584
Gross Revenue$86,800$124,526$160,016
Operating Expenses (32.0%–23.0%)($27,776)($33,622)($36,804)
Net Operating Income$59,024$90,904$123,212
Annual PITI($74,352)($74,352)($74,352)
Annual Cash Flow-$15,328$16,552$48,860
Monthly Cash Flow-$1,277$1,379$4,072
Cash-on-Cash Return-9.0%9.7%28.6%
Cap Rate6.2%9.6%13.0%
Down: 15% ($142,500)Rate: 7.25%Term: 30 yrClosing: 3%Tax: 0.5%/yrInsurance: $3,000/yrTotal Cash In: $171,000