117-135 Ridgeview Dr

Elizabethton, TN 37643

$1,995,000
Price
4
Beds
2,304 Sq. Ft.
$866 / Sq. Ft.
2,304
Sq. Ft.
$866
per Sq. Ft.
049
110
050
115a
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001
116 (2)
116

Description

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 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.
  1. Listed by Lauren Clemson • Property Executives Johnson City

Property Details for 117-135 Ridgeview Drive

Architectural Style
Cabin
View
Mountain(s)
Zoning
Commercial
Subdivision
Not In Subdivision
LISTING UPDATED: 12/30/2025 11:12 AM

Property Details for 117-135 Ridgeview Drive

StatusActive
MLS #9986985
Days on Market82
Taxes$3,637 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built2020
Lot Size4.71 AC / 205,167 SF
CountyCarter County

Location

Listing Courtesy of Property Executives Johnson City, Lauren Clemson (423.202.0960)
Add your commute

Building Information for 117-135 Ridgeview Drive

Stories-Residences4Year Built2020Building Size-Lot Size4.71 AC / 205,167 SF

Payment Calculator

$10,161 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,858

Property Taxes

$303

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117-135 Ridgeview Drive

Summary
Location and General Information
  • City: Elizabethton
  • County: Carter
  • Directions: From Broad Street in Elizabethton, Turn Left onto US-19E N. In .2 miles, turn Right onto SR-91 N. Turn Left onto Airport Rd and stay left onto Judge Ben Allen Rd. Go 1 mile to Ridgeview Dr. Turn left as you continue up the hill. Turn left to the cabins. Use 301 Judge Ben Allen for GPS
  • Latitude: 36.38
  • Longitude: -82.19
  • Postal Code: 37643
  • State Or Province: TN
  • Topography: Sloped
  • MLS Area Major: 314 - Carter County
  • MLS Area Minor: 314 - Carter County
  • General Property Description : Zoning: Commercial
Taxes and HOA Information
  • Association: No
  • Parcel Number: 028 007.06
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 509
  • Location Tax Legal Info : Deed Page: 590
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $3,637.11
School Information
  • High School: Unaka
  • Middle Or Junior School: Hunter
  • Elementary School: Hunter
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: see acres
  • Lot Size Square Feet: 205,167.60
  • Lot Size Acres: 4.71
  • Lot Size Area: 4.71
  • Lot Size Units: Acres
  • Building Area Total: 2,304.00
  • General Property Description : Acres: 4.71
Property and Assessments
  • Property Condition: Above Average
  • Property Type: Multi Family
  • Year Built: 2020
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
Utilities
  • Utilities: Electricity Connected, Water Connected
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Appliances: Built-In Electric Oven, Microwave
Exterior Features
  • Construction Materials: Wood Siding
  • Parking Features: Gravel, Parking Pad
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Window Features: Insulated Windows
  • Heating : Heat Pump: Central
  • Senior Community: No
  • Walls : Drywall: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • General Property Description : Total Units: 10.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 112200
  • Income and Expenses : Vacancy Rate: 30
Unit 1
  • Unit 1 : # Units: 1
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 1
  • Unit 1 : SqFt: 576
  • Unit 1 : Monthly Rent: 950
Unit 2
  • Unit 2 : # Bedrooms: 1
  • Unit 2 : # Bathrooms: 1.00
  • Unit 2 : SqFt: 576
  • Unit 2 : Monthly Rent: 1100
Unit 3
  • Unit 3 : # Bedrooms: 1
  • Unit 3 : # Bathrooms: 1.0
  • Unit 3 : SqFt: 576
  • Unit 3 : Monthly Rent: 1100
Unit 4
  • Unit 4 : # Bedrooms: 1
  • Unit 4 : # Bathrooms: 1.0
  • Unit 4 : SqFt: 576
  • Unit 4 : Monthly Rent: 1100

Property History for 117-135 Ridgeview Drive

DateEvent & SourcePriceAppreciation
Dec 30, 2025

Price Change

Tennessee Virginia Regional MLS #9986985

$1,995,000—
Dec 8, 2025

Price Change

Tennessee Virginia Regional MLS #9986985

$2,050,000—
Oct 14, 2025

Listed (Active)

Tennessee Virginia Regional MLS #9986985

$2,100,000—
DateEvent & SourcePrice
12/30/2025

Price Change

Tennessee Virginia Regional MLS #9986985

$1,995,000
12/08/2025

Price Change

Tennessee Virginia Regional MLS #9986985

$2,050,000
10/14/2025

Listed (Active)

Tennessee Virginia Regional MLS #9986985

$2,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 117-135 Ridgeview Drive

This home is within Carter County School District.
Rating
School
Type
Grades
Distance
Keenburg Elementary School
Public - PK to 8
Carter County Online Academy
Public - 4 to 12
Hunter Elementary School
Public - PK to 8
Unaka High School
Public - 9 to 12
Rating
School
Distance
Keenburg Elementary School
PublicPK to 8

Carter County Online Academy
Public4 to 12

Hunter Elementary School
PublicPK to 8

Unaka High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 117-135 Ridgeview Drive, Elizabethton, TN 37643

117-135 Ridgeview Drive is a multi-family home for sale in Elizabethton, TN 37643. This property was listed for sale on October 14, 2025 by Property Executives Johnson City, it's currently listed at $1,995,000. This listing's school district is Carter County School District. Nearby schools include Keenburg Elementary School, Carter County Online Academy and Hunter Elementary School. 117-135 Ridgeview Drive is a 4-bed, 0-bath, 2,304 sqft multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Executives Johnson City, Lauren Clemson (423.202.0960)

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