2 months on rocket

565 Gap Creek Rd, Elizabethton, TN, 37643

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,800 SqFt
$694/SqFt
House

Location

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565 Gap Creek Rd, Elizabethton$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built2019
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
WaterfrontRiver Front
ViewCreek/Stream
MLS #9970496
Lot Size11.43 Acres
StatusActive

About 565 Gap Creek Rd

Experience luxury living in East Tennessee on this breathtaking 11-acre estate farm, where elegance meets rustic charm. Just minutes from the conveniences of Elizabethton and Johnson City, this property offers a unique blend of seclusion and accessibility, creating an unmatched lifestyle opportunity. The centerpiece of the estate is a stunning 1,800 sq/ft, 3 bedroom, 3 bathroom barndominium, accentuated by its tall ceilings and airy, grand atmosphere. The expansive open-concept living area effortlessly connects the living room, dining room, and kitchen, extending seamlessly to the outdoor living space. The main level features a primary suite with an ensuite bathroom, complete with double vanities. A second full bathroom is conveniently located near the rear entrance of the home—perfect for freshening up after a day spent exploring the property's trails or splashing in the creek. Upstairs, you will find two secondary bedrooms and a full bathroom. The outdoor patio, an entertainer's dream, provides ample space for dining, lounging, and enjoying the warmth of the outdoor fireplace. Adding to the estate's allure is a private 480 sq/ft, 1-bedroom guest cottage with an outdoor fire pit, which has a successful short-term rental history and presents an excellent income-generating opportunity. This 11-acre property encompasses three lots totaling nearly 2 acres in the coveted Stonebrook subdivision of Elizabethton, providing extra privacy or potential for future development. Gap Creek meanders year-round through the property, enhancing its serene landscape throughout all four seasons. The farm is equipped with multiple paddocks, a 1800 sq ft insulated utility building, two barns with stalls, a network of trails perfect for UTV adventures or peaceful hikes. This luxury farm is more than just a home; it's a lifestyle. Whether you're seeking a private family retreat, a venue for unforgettable gatherings, or a profitable investment, this slice of heaven has it all!

Property Details

Property Features

Property Information:

  • Architectural Style: Barndominium
  • Year Built: 2019
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: Foundation Realty Group
  • Office Phone: (423) 218-9554
  • Listing Agent: Alexis P Greene

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior: Primary Downstairs, Kitchen Island, Kitchen/Dining Combo, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: Creek/Stream
  • Exterior: Fully Fenced, Outdoor Fireplace, Fenced Pasture

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 11.43 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: From 321, turn onto W ''G'' Street, right onto Mary Patton Highway, left onto Gap Creek Road, property is on the left, no sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $694/SqFt

Tax Information:

  • Annual Amount: $2,802
  • 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

565 Gap Creek Rd vs Elizabethton

84 DAYS ON ROCKET

-2 Days

$1,250,000

+$1.0M More

$694/SqFt

+$526 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $526/SqFt more than other homes in Elizabethton, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9970496

Listing Office:

  • Office Name: Foundation Realty Group
  • Office Phone: (423) 218-9554
  • Listing Agent: Alexis P Greene

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
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, 11:20:56 AM 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$2,802$79,275
2019$2,349$64,875
2018$2,349$55,150
2017$2,338$55,150

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-279755
8
/10
  • West Side Elementary School

  • 1310 Burgie St

  • 1.19 miles

  • Public District Grades KG-5

school-card-donut-279756
8
/10
  • Happy Valley Elementary School

  • 1840 Milligan Hwy

  • 1.76 miles

  • Public District Grades PK-4

school-card-donut-279757
6
/10
  • Harold Mccormick Elementary School

  • 226 S Cedar Ave

  • 2.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,213. The most common annual income of people living in Elizabethton, TN is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 565 Gap Creek Rd

What is the listing price of this property?

The listing price of 565 Gap Creek Rd property is $1,250,000.

What type of property is this?

The property 565 Gap Creek Rd is a house located in Elizabethton, Tennessee, 37643.

Is this property for sale now?

Active Listing: 565 Gap Creek Rd 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 $2,802 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 565 Gap Creek Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 565 Gap Creek Rd is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 565 Gap Creek Rd is 2019.

Rocket HomesTennesseeCarter CountyElizabethton37643565 Gap Creek Rd

This home is located at 565 Gap Creek Rd in Elizabethton, TN and zip code 37643. This 1,800 square foot home, which was built in 2019, sits on a 11.43 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $1,250,000.

Elizabethton, TN housing market in October 2024 saw over 3 listings sold above listed price, more than 7 sold at listed price and over 20 sold below. The number of listings in Elizabethton, TN increased by 9.1% between September 2024 and October 2024. Listings spent 86 days on the market in October 2024, and had a median list price of $232,833 during the same period.

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

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