514 Ranier Drive, Kingsport, TN 37663
Local realty services provided by:CENTURY 21 Legacy
514 Ranier Drive,Kingsport, TN 37663
$135,000
- 2 Beds
- 2 Baths
- 1,400 sq. ft.
- Single family
- Active
Listed by:
- Lisa Scott(423) 367 - 6632CENTURY 21 Legacy
Office: century 21 legacy fort henry
MLS#:9996532
Source:TNVA_MLS
Price summary
- Price:$135,000
- Price per sq. ft.:$96.43
About this home
Exceptional investment and development opportunity in the heart of Colonial Heights! Situated on a rare 1.23-acre hilltop lot in one of Kingsport's most sought-after neighborhoods, this unique property offers multiple avenues for value creation, including renovation, redevelopment, rental income, or new construction potential.
The existing home, approximately 1,400-1,500 square feet, features 2 bedrooms, 2 bathrooms, and a flexible bonus space ideal for a home office, walk-in closet, guest area, or additional storage. Major renovation work has already been completed, including updated plumbing, electrical, and most drywall installation, allowing investors or owner-occupants to focus on the final finishes and customization.
The spacious primary bedroom features vaulted ceilings, while the kitchen layout provides an excellent foundation for a modern redesign. Whether you're looking to renovate and resell, create a long-term rental, or build equity through improvements, much of the heavy lifting has already been done.
Adding even more potential, the property includes a second structure that sustained fire damage, presenting additional redevelopment possibilities. Remove and rebuild, expand the existing footprint, create a guest house, workshop, or explore future development opportunities (buyer to verify zoning, subdivision, and permitted uses).
Properties offering acreage, privacy, hilltop views, and redevelopment potential in Colonial Heights are increasingly difficult to find. Surrounded by established homes and strong property values, this is a rare chance for investors, builders, developers, and flippers to capitalize on a high-demand Kingsport location with significant upside potential.
Don't miss this opportunity to unlock the value of one of Colonial Heights' most unique investment properties....
Contact an agent
Home facts
- Year built:1960
- Listing ID #:9996532
- Added:2 day(s) ago
- Updated:June 10, 2026 at 03:08 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:7
- Living area:1,400 sq. ft.
Structure and exterior
- Year built:1960
- Building area:1,400 sq. ft.
- Lot area:1.23 Acres
- Construction Materials:Vinyl Siding
Schools
- High school:West Ridge
- Middle school:Sullivan Heights Middle
- Elementary school:Rock Springs
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$96.43
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