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508 Woodhaven Drive, Johnson City, TN 37604

$515,000
  • 508 Woodhaven Drive, Johnson City, TN 37604 Main Photo

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New to the Market Active
BEDS5 BATHS2 full 1 partial SQUARE FEET2,044 MLS#9992238
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONTowne Acres NEIGHBORHOOD301 - NW Johnson City

Property Description

Proven Airbnb investment opportunity in the Towne Acres area of Johnson City! This fully renovated 5-bedroom, 2.5-bath home comfortably accommodates 8+ guests, generating $74,000-$80,000 annually with $15,000-$20,000 in future reservations at any given time. It is being sold as-is with all furnishings included, allowing a buyer to continue the existing Airbnb operation immediately, with future reservations able to be transferred over.The property has produced strong performance over the past two years, generating approximately $74,000 in revenue in 2024 and $80,000 in 2025, along with a 93% occupancy rate over the past year and an average nightly rate around $258. It offers investors a proven income-producing Airbnb rather than a startup short-term rental.The home underwent a full renovation in 2021 and is configured to comfortably host larger groups. The separate entrance and layout allow the primary bedroom suite to function as its own Airbnb rental space, creating the option for an owner to occupy part of the home while continuing to generate rental income from the remainder.All furniture, décor, linens, kitchen equipment, and operational setup used for the Airbnb are included with the sale, creating a true turn-key investment with an established operating history.Conveniently located just minutes from ETSU, the VA, Johnson City Medical Center, and downtown Johnson City, the property benefits from strong demand drivers including medical, university, and regional tourism traffic. Showings must be scheduled and accompanied by LA. Please do not enter the grounds at any other time so as to respect the privacy of guest. Buyer and Buyer agent to verify all information contained here in.

508 Woodhaven Drive | MLS# 9992238

This single family home located at 508 Woodhaven Drive, Johnson City, TN 37604 is currently listed for sale with an asking price of $515,000. This property was built in 1958 and has 5 bedrooms and 2 full and 1 partial baths with 2044 sq. ft. Woodhaven Drive is located in the Towne Acres subdivision. Search Towne Acres real estate on www.clhomes.com today.

Upcoming Open Houses

Open House Sunday March 22nd, 2:00pm - 4:00pm

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Central Air
Heating: Heat Pump
Home Style: Ranch
Lot Size: 0.34 Acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1958

Feature Descriptions

Appliances: Built-In Gas Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Days on Site: 3
Exterior: Brick, Plaster
Fencing: Back Yard
Flooring: Ceramic Tile, Hardwood
Interior: 2+ Person Tub, Kitchen Island, Open Floorplan, Remodeled, Wired for Data
Lot Dimensions: 109 x 137.96 IRR
Parcel Id: 038p C 02100 000
Parking: Driveway, Concrete
Rooms Total: 12
Sewer: Public Sewer
Topography: Level
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
Water: Public
Zoning: R 2

Local Schools

High School: Science Hill
Middle School: Liberty Bell
Elementary School: Towne Acres

Listed By / Shown By

Listed By

Agency Name: KW Johnson City
Agency Phone: 423-433-6500

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Tennesse Virginia MLS

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Estimated Payment

$ 1,296.38 per month $1,146.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $150.21 Homeowner's Insurance

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