129 Lot 5 Lebanon Road, Kingsport, TN 37663
Local realty services provided by:CENTURY 21 Legacy
129 Lot 5 Lebanon Road,Kingsport, TN 37663
$85,900
- 0.64 Acres
- Lots / Land
- Active
Listed by: ed mahaffey
Office: tci group - jerry petzoldt agency, llc.
MLS#:9991133
Source:TNVA_MLS
Price summary
- Price:$85,900
About this home
Prime Multi-Family Development Opportunity - Lebanon Rd., Colonial Heights, TN
Discover exceptional development potential in the heart of Colonial Heights on desirable Lebanon Road. This 0.68-acre wooded tract is zoned R-3 (Multi-Family Residential), allowing for up to 15 units per acre, making it ideal for apartments, condominiums, duplexes, or single-family homes.
The lot features a gently rolling slope with mature trees, offering natural privacy and character while still providing flexibility for creative site design. Public water and sewer are available at the road, streamlining the development process.
Location is everything—and this property delivers:
Just 2 miles from Interstate 81
One exit northbound to the Tri-Cities Airport
One exit southbound to Interstate 26
Minutes from downtown Kingsport
Convenient to the Eastman Chemical Company industrial complex
The surrounding area offers a strong residential base with a mix of single-family homes, condominiums, and apartments, along with moderate traffic flow and excellent accessibility. Numerous drive-through and walk-in restaurants, churches, and established highway businesses support steady activity in the corridor.
Recreation and lifestyle amenities are nearby, including:
Warriors' Path State Park
Bays Mountain Park and Planetarium
Shopping conveniences are just minutes away, including:
Walmart
Food City
Ingles Markets
Bonus Opportunity:
This parcel is one of two side-by-side lots, offering a combined 1.32 acres with the potential for up to 18 apartment or condominium units (subject to planning approval and site plans). This creates an outstanding opportunity for a larger-scale residential development in a high-demand area.
Whether you're an investor, builder, or developer, this property offers zoning flexibility, infrastructure access, and a prime Colonial Heights location poised for growth....
Contact an agent
Home facts
- Subdivision & Development:Sherwood Hills
- Listing ID #:9991133
- Added:168 day(s) ago
- Updated:July 31, 2026 at 03:32 PM
Structure and exterior
- Lot area:0.64 Acres
- Lot Features:Rolling Slope, Secluded, Wooded
Schools
- High school:Dobyns Bennett
- Middle school:Robinson
- Elementary school:John Adams
Utilities
- Water:At Road, Public
- Sewer:At Road, Public Sewer
Finances and disclosures
- Price:$85,900
New listings near 129 Lot 5 Lebanon Road
- New
$569,500Active3 beds 3 baths2,600 sq. ft.2120 Saint Erics Court, Kingsport, TN 37660
MLS# 9998923Listed by: RED DOOR AGENCY - New
$995,000Active5 beds 5 baths5,478 sq. ft.161 Golf Ridge Drive, Kingsport, TN 37664
MLS# 9998925Listed by: REMAX CHECKMATE, INC. REALTORS - New
$224,900Active3 beds 2 baths1,020 sq. ft.297 Mcclain Road, Kingsport, TN 37660
MLS# 9998910Listed by: THE ADDINGTON AGENCY BRISTOL - New
$399,000Active3 beds 2 baths1,828 sq. ft.1100 Wateree St, Kingsport, TN 37660
MLS# 3312703Listed by: MRG REALTY PARTNERS - New
$229,000Active2 beds 1 baths1,343 sq. ft.4248 Maplewood Street, Kingsport, TN 37660
MLS# 9998893Listed by: BLUE RIDGE PROPERTIES COL HGTS - New
$229,900Active3 beds 2 baths1,266 sq. ft.106 Gables Place #106, Kingsport, TN 37664
MLS# 9998895Listed by: LPT REALTY - GRIFFIN HOME GROUP - New
$469,900Active4 beds 4 baths2,968 sq. ft.223 Willowbend Court, Kingsport, TN 37660
MLS# 9998896Listed by: LPT REALTY - GRIFFIN HOME GROUP - Open Sun, 6 to 8pmNew
$384,900Active3 beds 3 baths2,410 sq. ft.149 Liberty Church Road, Kingsport, TN 37663
MLS# 9998868Listed by: GREATER IMPACT REALTY JONESBOROUGH - New
$225,000Active3 beds 2 baths1,344 sq. ft.1408 Jayne Road, Kingsport, TN 37660
MLS# 9998870Listed by: BYRD HOME TEAM - New
$960,000Active-- beds -- baths12,906 sq. ft.921 Chadwick Drive, Kingsport, TN 37660
MLS# 1350013Listed by: PWA PROPERTIES