$515,000
508 Woodhaven Drive
Johnson City, TN 37604
MLS# 9992238
4 beds  |  3 baths  |  2044 sqft


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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.

Details
Maps
Location, Tax & Legal Info
City Taxes: 713.63
County Taxes: 886.88
Contract Info
List Price/SqFt: 251.95
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 515000
Current Price: $515,000
Listing Date: 2026-03-12
General Property Description
Lot Dimensions: 109 x 137.96 IRR
Acres: 0.34
Lot #: 4
Block: C
Zoning: R 2
Deed Book #: 1122
Deed Page #: 446
Elementary School: Towne Acres
Middle School: Liberty Bell
Parcel ID: 038p C 02100 000
High School: Science Hill
Home Warranty: No
HOA Y/N: No
Baths - Full: 2
Baths - 1/2: 1
Total SqFt Finished: 2044
Total SqFt Unfinished: 0
Total Rooms: 12
Above Grade SqFt: 2044
Property Sub-Type: Single Family Residence
# Bedrooms: 4
Total Baths: 3
Year Built: 1958
Total SqFt: 2044
Remarks & Misc
Public Remarks: 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.
Directions: I26 E to exit 20 and rt onto N Roan. .2 mi right onto Sunset Dr. .5 mi right onto Sundale Rd. 900 ft right onto Woodhaven Dr. 400 ft home on left.
Property Condition
Above Average: 1
Updated/Remodeled: 1
SqFt Details
Finished SqFt Level 1: 2044
Exterior Finish
Brick: 1
Style
Ranch: 1
Roof
Shingle: 1
Levels
One: 1
Door Features
ENERGY STAR Qualified Doors: 1
Sliding Doors: 1
Interior Features
2+ Person Tub: 1
Kitchen Island: 1
Open Floorplan: 1
Remodeled: 1
Stone Counters: 1
Wired for Data: 1
Heating
Heat Pump: 1
Fencing
Back Yard: 1
AC
Central Air: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Built-In Gas Oven: 1
Cooktop: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Topography/Lot Description
Level: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Basement
Crawl Space: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Security Features
Other: 1
Parking Features
Concrete: 1
Driveway: 1
Other Rooms
Playroom: 1
Primary Bathroom: 1
Primary Bedroom: 1
Recreation Room: 1
Porch/Patio/Deck
Front Porch: 1
Walls
Drywall: 1
Plaster: 1
Structure Type
House: 1
Rooms
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Bedroom 4: 1
Bedroom 4 Level: First
Bathroom 1: 1
Bathroom 1 Level: First
Bathroom 2: 1
Bathroom 2 Level: First
Bathroom 3: 1
Bathroom 3 Level: First
Dining Room: 1
Dining Room Level: First
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Primary Bedroom: 1
Primary Bedroom Level: First
Location Tax Legal Info
Street #: 508
Street Name: Woodhaven
St Suffix: Drive
County: Washington
State/Province: TN
Zip Code: 37604
Area: 301 - NW Johnson City
Subdivision: Towne Acres
Property Features
Property Condition: Above Average; Updated/Remodeled
Style: Ranch
Levels: One
Exterior Finish: Brick
Door Features: ENERGY STAR Qualified Doors; Sliding Doors
Interior Features: 2+ Person Tub; Kitchen Island; Open Floorplan; Remodeled; Stone Counters; Wired for Data
Fencing: Back Yard
Appliances: Built-In Gas Oven; Cooktop; Dishwasher; Dryer; Microwave; Refrigerator; Washer
Flooring: Ceramic Tile; Hardwood
Roof: Shingle
Security Features: Other
Parking Features: Concrete; Driveway
Other Rooms: Playroom; Primary Bathroom; Primary Bedroom; Recreation Room
Heating: Heat Pump
AC: Central Air
Water: Public
Sewer: Public Sewer
Walls: Drywall; Plaster
Basement: Crawl Space
Financing: Cash; Conventional; Other
Structure Type: House
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Rooms: Bedroom 2; Bedroom 3; Bedroom 4; Bathroom 1; Bathroom 2; Bathroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom
Room Information
Room Name Level
Primary BedroomFirst
Bedroom 2First
Bedroom 3First
Bedroom 4First
Bathroom 1First
Bathroom 2First
Bathroom 3First
Dining RoomFirst
OfficeFirst
Living RoomFirst
KitchenFirst
LaundryFirst

Listing Office: KW Johnson City

Last Updated: March - 12 - 2026

Information deemed reliable but not guaranteed.


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