117-135 Ridgeview Drive, Elizabethton, TN 37643
Local realty services provided by:CENTURY 21 Legacy
117-135 Ridgeview Drive,Elizabethton, TN 37643
$1,995,000
- - Beds
- - Baths
- 2,304 sq. ft.
- Multi-family
- Active
Listed by: lauren clemson
Office: property executives johnson city
MLS#:9986985
Source:TNVA_MLS
Price summary
- Price:$1,995,000
- Price per sq. ft.:$865.89
About this home
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....
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Home facts
- Year built:2020
- Listing ID #:9986985
- Added:149 day(s) ago
- Updated:March 06, 2026 at 04:00 PM
Rooms and interior
- Kitchen Description:Built-In Electric Oven, Microwave
- Living area:2,304 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2020
- Building area:2,304 sq. ft.
- Lot area:4.71 Acres
- Architectural Style:Cabin
- Construction Materials:Wood Siding
- Exterior Features:Deck
Schools
- High school:Unaka
- Middle school:Hunter
- Elementary school:Hunter
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$865.89
Features and amenities
- Appliances:Microwave
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Insulated Windows
Parking
- Parking description:Gravel Driveway, Parking Pad
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