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Sold for $362,000
    • $362,000

    531 Preserve Way, Mountain City, TN 37683

    3beds
    2,786sqft
    Single Family Residence, Residential
    Built in 1997
    5.43 Acres Lot
    $367,000 Zestimate®
    $130/sqft
    $2,770 Estimated rent

    Home value

    $367,000

    Estimated sales range

    Not available

    $2,770/mo

    Zestimate® history
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    What's special

    Cedar homeEnormous wrap around decksLarge loftStone fireplaceOpen floor planAttached oversized two-car garagePrivate oasis
    Come and enjoy your private oasis in the hills of Tennessee! Beautiful cedar home is tucked away on over 5 acres for total privacy and enjoyment of the tranquility from the enormous wrap around decks. Step inside to be greeted by soaring vaulted ceilings, a stone fireplace, and gleaming hardwood floors giving that perfect mountain cabin feeling. Fantastic open floor plan lends itself to easy one-level living with an attached oversized two-car garage. Primary suite is located on one end of the home with a carpeted bedroom and ''bonus'' room on the other end which can serve as additional sleeping space, home office, or craft room. Upstairs is a large loft overlooking the living area along with another bedroom and full bath. Kitchen has ample storage and pantry space with 5 lazy Susan's! Whole-house generator, fiber optic internet, and a dual-fuel heat pump give peace of mind for those working from home. Only two miles from the Watauga Lake winery offering tastings and wood fired pizza and three miles from the gorgeous waters of Watauga Lake. An easy 20 minute drive from all of the amenities and necessities in Mountain City. Come and experience this spacious and thoughtfully laid out home today. The mountains are calling! Home has a 2 bedroom septic system. See documents attached.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joel Farthing 828-773-3384,

    Boone Real Estate

    Bought with:

    Michele McCubbins, 285474

    Landmark Mountain Real Estate

    Source: TVRMLS,MLS#: 9970608

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Lower
    Heating
    • Electric, Fireplace(s), Forced Air, Heat Pump, Propane, See Remarks
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Master Downstairs, 2+ Person Tub, Built-in Features, Soaking Tub, Kitchen/Dining Combo, Laminate Counters, Open Floorplan, Wired for Data
    • Flooring: Carpet, Ceramic Tile, Hardwood
    • Windows: Insulated Windows
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Stone, See Remarks
    Interior area
    • Total structure area: 2,786
    • Total interior livable area: 2,786 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Asphalt, Attached, Gravel
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Stories: 2
    • Patio & porch: Back, Covered, Deck, Front Porch, Porch, Wrap Around
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 5.43 Acres
    • Topography: Level, Part Wooded, Sloped, Wooded
    Details
    • Additional structures: Garage(s)
    • Parcel number: 084 055.00
    • Zoning: Res
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Composition,Shingle
    Condition
    • Average
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Private Sewer, Septic Tank
    • Water: Shared Well, See Remarks
    • Utilities for property: Cable Available, Electricity Connected, Phone Connected, Propane, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Watauga Woods
    HOA
    • Has HOA: Yes
    • HOA fee: $650 annually
    Location
    • Region: Mountain City

    Financial & listing details

    • Price per square foot: $130/sqft
    • Tax assessed value: $288,800
    • Annual tax amount: $1,596
    • Date on market: 12/30/2025
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/9/2026Sold$362,000-9.5%$130/sqft
    Source: TVRMLS #9970608 Report a problem
    1/13/2026Pending sale$399,900$144/sqft
    Source: TVRMLS #9970608 Report a problem
    12/30/2025Listed for sale$399,900$144/sqft
    Source: TVRMLS #9970608 Report a problem
    11/24/2025Pending sale$399,900$144/sqft
    Source: TVRMLS #9970608 Report a problem
    10/20/2025Listed for sale$399,900$144/sqft
    Source: TVRMLS #9970608 Report a problem
    10/4/2025Pending sale$399,900$144/sqft
    Source: TVRMLS #9970608 Report a problem
    9/30/2025Price change$399,900-4.8%$144/sqft
    Source: TVRMLS #9970608 Report a problem
    9/5/2025Price change$419,900-1.2%$151/sqft
    Source: TVRMLS #9970608 Report a problem
    8/2/2025Price change$424,900-3.4%$153/sqft
    Source: TVRMLS #9970608 Report a problem
    7/3/2025Price change$439,900-1.1%$158/sqft
    Source: High Country AOR #251689 Report a problem
    5/13/2025Price change$444,900-1.1%$160/sqft
    Source: High Country AOR #251689 Report a problem
    3/5/2025Listed for sale$449,900$161/sqft
    Source: High Country AOR #251689 Report a problem
    2/28/2025Contingent$449,900$161/sqft
    Source: High Country AOR #251689 Report a problem
    2/26/2025Pending sale$449,900$161/sqft
    Source: TVRMLS #9970608 Report a problem
    1/31/2025Price change$449,900-3.2%$161/sqft
    Source: TVRMLS #9970608 Report a problem
    10/20/2024Listed for sale$464,900$167/sqft
    Source: High Country AOR #251689 Report a problem
    8/31/2024Listing removed$464,900$167/sqft
    Source: TVRMLS #9970608 Report a problem
    8/30/2024Listed for sale$464,900$167/sqft
    Source: TVRMLS #9970608 Report a problem
    8/21/2024Listing removed--
    Source: TVRMLS #9961333 Report a problem
    7/8/2024Listed for sale$464,900$167/sqft
    Source: TVRMLS #9961333 Report a problem
    7/1/2024Pending sale$464,900$167/sqft
    Source: TVRMLS #9961333 Report a problem
    6/26/2024Contingent$464,900$167/sqft
    Source: TVRMLS #9961333 Report a problem
    6/6/2024Price change$464,900-6.1%$167/sqft
    Source: TVRMLS #9961333 Report a problem
    4/19/2024Price change$494,900-1%$178/sqft
    Source: TVRMLS #9961333 Report a problem
    1/27/2024Listed for sale$499,900+85.8%$179/sqft
    Source: TVRMLS #9961333 Report a problem
    2/20/2007Sold$269,000$97/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,596 $72,200
    2024$1,596 $72,200
    2023$1,596 +22.1%$72,200
    2022$1,307 $72,200
    2021-- $72,200 +9.6%
    2020$1,350 $65,850
    2019$1,350 $65,850
    2018$1,350 0%$65,850
    2017$1,350 $65,850
    2016$1,350 +13.3%$65,850
    2015$1,192 -3.5%$65,850 -3.5%
    2014$1,235 +0%$68,225 +0%
    2013$1,235 +2.3%$68,217
    2012$1,207 $68,217
    2011$1,207 $68,217
    2010-- $68,217 +17.7%
    2009$1,176 $57,946
    2008$1,176 $57,946
    2007$1,176 $57,946
    2006$1,176 -22.2%$57,946
    2005$1,512 +14.5%$57,946 +14.5%
    2004$1,321 +8.7%$50,602
    2002$1,214 $50,602
    2001-- $50,602 -75%
    2000-- $202,407
    Find assessor info on the county website

    Neighborhood: 37683

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Doe
    • Middle: Johnson Co
    • High: Johnson Co

    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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