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Sold for $1,050,000
  • $1,050,000

    117-135 Ridgeview Dr, Elizabethton, TN 37643

    4beds
    4baths
    2,304sqft
    Multi Family
    Built in 2020
    -- sqft lot
    $1,054,100 Zestimate®
    $456/sqft
    $1,746 Estimated rent

    Home value

    $1,054,100

    $949,000 - $1.17M

    $1,746/mo

    Zestimate® history
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    What's special

    Beautiful cabinsMountainous backdropIndividual parcelsGorgeous viewsTwo levelsElectrical metersWater meters
    THE SALE ONLY INCLUDED THE SECOND FIVE CABINS WITH ADDRESSES 127, 129, 131, 133, AND 135. THIS SALE DOES NOT REFLECT THE SALE OF ALL 10 CABINS AS IN THIS LISTING. The only thing better than this investment opportunity is the mountainous backdrop. These TEN beautiful cabins are already producing well with room for growth. The first five cabins are 576 square feet on one level with one bathroom, one bedroom, and large decks overlooking the gorgeous mountains. These five are on the same 2.96 acre parcel with possibility for future building sites. These also share a water meter, electrical meter, and septic tank. All five are leased with month-to-month lease terms. The second five cabins are on individual parcels with individual septic tanks, electrical meters, and water meters. These are 1600 square feet, two levels, and offering two bedrooms and two and a half bathrooms. Two of these are currently leased (also month-to-month) and the other three homes are still incomplete. Current monthly gross amount is $9350 and that is without the income of the three incomplete cabins. Renting easily as long term rentals, these would also be highly successful as short term rentals as well. These beautifully built homes with the gorgeous views are the perfect addition to any investor's portfolio. Located in Elizabethton in close proximity to Watauga Lake, various popular hiking trails, the Watauga River, Roan Mountain, and even a short drive to NC skiing, this is a beautiful destination both long term and short term tenants.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Clemson 423-202-0960,

    Property Executives Johnson City

    Bought with:

    Lauren Clemson, 338564

    Property Executives Johnson City

    Source: TVRMLS,MLS#: 9986985

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Electric Oven, Microwave
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Windows: Insulated Windows
    Interior area
    • Total structure area: 2,304
    • Total interior livable area: 2,304 sqft

    Property

    Parking
    • Parking features: Gravel, Parking Pad
    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 4.71 Acres
    • Topography: Sloped
    Details
    • Parcel number: 028 007.06
    • Zoning: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cabin
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Metal
    Condition
    • Above Average
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Elizabethton
    • Subdivision: Not In Subdivision

    Price history

    DateEventPrice
    5/14/2026Sold$1,050,000-42.3%$456/sqft
    Source: TVRMLS #9986985 Report a problem
    4/30/2026Pending sale$1,820,000$790/sqft
    Source: TVRMLS #9986985 Report a problem
    3/21/2026Price change$1,820,000-8.8%$790/sqft
    Source: TVRMLS #9986985 Report a problem
    12/30/2025Price change$1,995,000-2.7%$866/sqft
    Source: TVRMLS #9986985 Report a problem
    12/8/2025Price change$2,050,000-2.4%$890/sqft
    Source: TVRMLS #9986985 Report a problem
    10/14/2025Listed for sale$2,100,000$911/sqft
    Source: TVRMLS #9986985 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37643

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hunter
    • Middle: Hunter
    • High: Unaka

    Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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