6 months on rocket

149 Meredith Valley Ln, Elizabethton, TN, 37643

$3,470,000

4 Bedrooms
3 Full Baths
3,280 SqFt
$1,058/SqFt
House

Location

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1918
HeatingCentral, Electric
CoolingCentral Air
FireplaceBrick, Wood Burning
ViewMountain(s)
MLS #1261723
Lot Size30.00 Acres
StatusActive

About 149 Meredith Valley Ln

Meredith Valley Farm - ''Where dreams are made by the water's edge.'' Meredith Valley Farm (''MVF'') is no stranger to anyone living in the beautiful foothills of the southern Appalachian mountains of Northeast Tennessee. MVF is the epitome of a multigenerational family farm with a true heart for community. Originally owned as a working cattle farm dating back to the early 1900s, MVF has blossomed into a versatile commercial and residential property. Now is your opportunity to own a piece of history and capitalize on an excellent Investment Opportunity! A portion of this amazing farm is now being offered as a 22 +/- Acre Mini-Farm with the original Farmhouse, Event Shed, Barn and Pond. In addition, along the water's edge of the beautiful Watauga River, lies 8+ acres of land with over 1200' of riverfront, 3 Riverfront Cabins, a River Event Shed, Campground with 17 RV sites and an Office, all providing great income. The heart of the farm has always been the ''Farmhouse.'' Built in 1918, the historic Farmhouse offers over 3,200 sq ft, 4BR/3BA and provides a front porch view with spectacular sunrises over the Cherokee National Forest. This meticulously maintained, all-brick home is full of character and charm with gleaming hardwood floors, spacious rooms, high ceilings, an updated kitchen, separate living quarters on the upper level and front and back porches to absorb all the surrounding beauty. Next door is the Farmhouse Shed that hosts weddings, receptions, reunions, and other events, and is surrounded with lush gardens with a bird's eye view of MVF's classic red barn. Both the Farmhouse and the Event Shed are income producing properties providing the next owners an option of continuing a tradition or making it their own private residence. Behind the classic red barn is fenced pasture and a spring-fed pond to easily accommodate livestock. The 8+ acres along the water's edge of the Watauga River feature 3 Riverfront Cabins, a River Event Shed, and a 17 site RV Campground. Idyllic location in the Trophy Trout Section of the river with views protected by Sycamore Shoals State Park, this area is famous for fly fishing and has become a fisherman's dream spot. Overmountain Victory National Historic Trail also runs on this side of the river. There is limitless potential and plenty of room for expansion. Each of the riverfront cabins, uniquely themed, have private waterside decks and fishing piers along the sparkling waters of the Watauga River. Cabin 1 - American Cabin, 570 sq ft, 1BR & loft/1BA; Cabin 2 - Outdoor Cabin, 570 sq ft, 1BR & loft/1 BA; Cabin 3 - Western Cabin, 616 sq ft, 2BR/2BA all on one level. The cabins and 17 RV sites are consistently rented and provide an excellent income opportunity. The River Shed is a great location for hosting events and all type of gatherings to provide additional income. Located in the historic, quaint town of Elizabethton with close proximity to Johnson City, Bristol, Asheville and Boone, NC with an abundance of area attractions. East Tennessee is known for its exceptional beauty and outdoor activities including hiking, biking, boating, fishing,whitewater rafting, canoeing, kayaking, golf, skiing and much more. While only minutes from the city, MVF offers its residents and guests an escape to serenity. Whether the next owner of this timeless piece of history chooses to carry on the tradition of a Multigenerational farm or capitalize on an excellent Investment Property, this amazing farm is truly a once in a lifetime opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1918
  • Living Area: 3,280 SqFt

Listing Office:

  • Office Name: Alliance Sotheby's Internation
  • Office Phone: (865) 357-3232

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen
  • Fireplace: Brick, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Patio, Porch - Covered, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 149 Meredith Valley Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 30.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-26E to Exit 24 toward Elizabethton. Merge onto US-321N/TN 67E. Left on Broad Street. Left on Lynn Avenue. Left on TN-400 toward Watauga. Left on Swimming Pool Road. Continue on Sycamore Shoals Drive. Right onto Meredith Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,470,000
  • Price Per SqFt: $1,058/SqFt

Tax Information:

  • Annual Amount: $2,243
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elizabethton, TN.

Med. Sold Price

$232.8K

Med. Price/SqFt

$168

Avg. Days On Market

86

# of Sold Homes

30

149 Meredith Valley Ln vs Elizabethton

201 DAYS ON ROCKET

+115 Days

$3,470,000

+$3.2M More

$1,058/SqFt

+$890 More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $890/SqFt more than other homes in Elizabethton, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1261723

Listing Office:

  • Office Name: Alliance Sotheby's Internation
  • Office Phone: (865) 357-3232

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,243$103,825
2019$2,243$90,825
2018$2,243$90,825
2017$2,257$92,125

History based on county public records data.

Payment Calculator

$17.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-289062
8
/10
  • West Side Elementary School

  • 1310 Burgie St

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-289063
6
/10
  • Harold Mccormick Elementary School

  • 226 S Cedar Ave

  • 2.54 miles

  • Public District Grades KG-5

school-card-donut-289064
8
/10
  • Happy Valley Elementary School

  • 1840 Milligan Hwy

  • 2.65 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,420. The most common annual income of people living in Elizabethton, TN is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 149 Meredith Valley Ln

What is the listing price of this property?

The listing price of 149 Meredith Valley Ln property is $3,470,000.

What type of property is this?

The property 149 Meredith Valley Ln is a house located in Elizabethton, Tennessee, 37643.

Is this property for sale now?

Active Listing: 149 Meredith Valley Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,243 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 149 Meredith Valley Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 149 Meredith Valley Ln is 3,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 149 Meredith Valley Ln is 1918.
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Rocket HomesTennesseeCarter CountyElizabethton37643149 Meredith Valley Ln

This home is located at 149 Meredith Valley Ln in Elizabethton, TN and zip code 37643. This 3,280 square foot home, which was built in 1918, sits on a 30.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $3,470,000.

In October 2024, from all listings sold in Elizabethton, TN there were more than 3 sold above asking price, over 20 sold below and more than 7 were sold right at the asked price. The number of listings in Elizabethton, TN increased by 9.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $232,833, while the average time on the real estate market was 86 days.

From Rocket Homes Real Estate and based on county public records data.

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