Engine-derived ROI data from 5 representative Gatlinburg-area properties. Methodology transparent below. CC-BY 4.0 — journalists, CPAs, and researchers may cite this dataset with attribution.
Important framing: These are engine outputs for representative fixture scenarios, not predictions about any specific property. The cost segregation engine takes real property data (address, year built, square footage, renovation history, assessor records) and produces a study tailored to your actual property. The aggregate numbers shown here describe the Gatlinburg market's general profile; your specific results will reflect your specific property.
Each fixture was run through the Cost Seg Smart engine — the same engine that produces real customer studies. Numbers below are reproducible from cities/gatlinburg.json via scripts/run_city_stats.py.
| Property | Neighborhood | Price | Basis | Land % | 5-yr | 15-yr | Reclass % | Y1 fed savings @ 37% |
|---|---|---|---|---|---|---|---|---|
| Downtown Gatlinburg Cabin STR SFR · STR · Built 2018 |
Downtown Gatlinburg | $625,000 | $497,062 | 20.5% | $96,164 | $30,319 | 25.9% | $47,729 |
| Wears Valley New-Build Cabin SFR · STR · Built 2021 |
Wears Valley | $595,000 | $470,645 | 20.9% | $96,176 | $28,846 | 27.2% | $47,298 |
| Cobbly Nob Luxury Chalet SFR · STR · Built 2015 |
Cobbly Nob / Chalet Village | $1,100,000 | $876,700 | 20.3% | $176,821 | $54,467 | 27.0% | $87,425 |
| Sevierville Family Cabin SFR · STR · Built 2019 |
Sevierville (Pigeon Forge corridor) | $485,000 | $389,261 | 19.7% | $77,970 | $23,733 | 26.7% | $38,495 |
| Cosby LTR Cabin SFR · Built 2010 |
Cosby / Newport (east of Gatlinburg) | $385,000 | $307,346 | 20.2% | $32,183 | $21,438 | 17.4% | $19,840 |
| Engine property type | Fixtures | Median reclass % | Min | Max |
|---|---|---|---|---|
| SFR | 5 | 26.7% | 17.4% | 27.2% |
"STR" denotes residential property operating as a short-term rental — the engine applies an FF&E density uplift not captured in the LTR (long-term rental) treatment.
| Neighborhood | Typical value | Typical land allocation | Profile note |
|---|---|---|---|
| Downtown Gatlinburg | $625,000 | ~24% | Walkable resort core. Higher-density condo and small SFR. Within city limits — subject to Gatlinburg STR ordinance and city permit. Lower land allocation due to vertical-density mix. |
| Wears Valley | $595,000 | ~22% | Newer cabin development corridor (Highway 321 north toward Pigeon Forge). Heavily developed STR product, newer builds dominate. Sevier County (not Gatlinburg city limits) — permit-lighter. |
| Cobbly Nob / Chalet Village | $825,000 | ~28% | Luxury chalet sub-markets with mountain views and gated/HOA infrastructure. Higher land allocation due to view premiums. Multi-bedroom STR product targeting family bookings. |
| Sevierville (Pigeon Forge corridor) | $485,000 | ~20% | Lower-elevation cabin product north of Pigeon Forge. Lower land allocation. Strong STR demand from Dollywood / Tanger Outlets traffic but lower ADR than Gatlinburg proper. |
| Cosby / Newport (east of Gatlinburg) | $415,000 | ~18% | Off-the-beaten-path cabin market east of Gatlinburg. Lowest entry pricing, lower land allocation, weaker STR demand profile. Often a long-term-rental crossover market. |
The "typical land allocation" column reflects baseline patterns for each sub-market based on county assessor records and statistical modeling. For specific properties where reconstruction cost (RSMeans 2024 component build-up adjusted for time and geography) exceeds 2.0× the implied depreciable basis after subtracting the baseline land — the engine applies a premium land floor (~50%) to keep the study within audit-defensible territory. This typically affects ultra-premium resort inventory (ski-in/ski-out, beachfront, view-premium properties), where land scarcity premium dominates the purchase price. The per-fixture table above shows the actual land_source used by the engine for each fixture — values of statistical_premium_floor indicate the premium-floor mechanism was applied.
The takeaway: typical neighborhood allocations describe the market baseline. Individual property results depend on specific reconstruction-cost-vs-purchase-price ratios, and ultra-premium product may show higher land allocation in the engine output than the neighborhood typical.
Tennessee has no state income tax — the Hall Tax on interest and dividends was fully repealed effective tax year 2021. Federal cost segregation deductions are the entire tax story for Gatlinburg STR owners. There's no state addback, no decoupling math, no Schedule X reconciliation. Combined with 100% federal bonus depreciation under OBBBA, this is the cleanest state position for cost-seg in the United States.
State income tax structure: No state income tax (Hall Tax fully repealed 2021)
Verify with your CPA. State tax conformity for federal §168(k) is adjusted frequently. Framing reflects our understanding as of May 2026 — verify current-year treatment with a qualified tax professional.
Every figure on this page is reproducible. The pipeline:
cities/gatlinburg.json under the engine_fixtures array, each with address, property type, purchase price, year built, square footage, and STR/LTR flag.scripts/run_city_stats.py instantiates a PropertyInput for each fixture and calls engine.run_study() — the same path that produces a real customer study.For full methodology details including QC validation, reconciliation logic, and audit-defense documentation, see costsegsmart.com/methodology.
This dataset is licensed under the Creative Commons Attribution 4.0 International License. You may republish, remix, or extend this data for any purpose with attribution. Suggested citation format:
Cost Seg Smart Research Team. (2026). "Gatlinburg, TN Cost Segregation Benchmarks 2026." Cost Seg Smart. 5 representative fixtures. Retrieved from https://gatlinburgcostseg.com/data/gatlinburg-cost-seg-stats/
For interview requests, additional data slices, or related questions: [email protected].