Recently Listed New Construction 1216 Ridgecrest Street
Morristown, TN, 37814 $ 250,000
Bedrooms4 Baths4.1 Sq 5,335 Monthly Estimate*
$ 1,539
for $250,000 with 4 bedrooms and 4 full baths, 1 half bath. This 5,335 square foot home was built in 1947 on a lot size of 0.85.
Fix & Flip Goldmine in Morristown - 1216 Ridgecrest StCalling all investors, renovators, and visionaries--this is the opportunity you've been waiting for. Located in a desirable area of Morristown, 1216 Ridgecrest Street offers the rare combination of size, structure, lot quality, and location that defines a true high-potential investment. With over 5,000 square feet, 4bd/4ba, a full finished basement, and a two-story layout, this substantial brick home is packed with upside and primed for transformation.This property is loaded with ''meat on the bones.'' The scale alone supports a strong after-repair value, while the layout allows for modern reconfiguration to meet today's buyer demand. Large rooms, abundant natural light, and multiple living and entertaining areas create the perfect foundation for a high-end renovation or luxury reposition.Architectural features include exposed brick, wood-paneled walls, beamed ceilings, and hardwood flooring--elements that can be restored or reimagined to create standout character and premium appeal. The finished basement adds even more usable square footage for additional living space, guest quarters, recreation rooms, or home office potential.Outside, the property truly shines. Situated on an oversized, flat corner lot, the grounds are enhanced by mature magnolias, hollies, crape myrtles, and other established specimen trees, offering curb appeal and privacy that new construction simply can't replicate. An in-ground vinyl liner pool and glass-enclosed patio provide excellent resale features and outdoor living potential that today's buyers actively seek. The two-car garage adds everyday convenience and further marketability.Offered as-is, this home is ideal for investors ready to capitalize on a major value-add project. Whether your strategy is a full cosmetic renovation, luxury flip, or long-term hold, the fundamentals are here: location, size, lot quality, and strong structural bones.Opportunities of this caliber in Morristown don't come around often. Bring your contractor, run your numbers, and envision the masterpiece this property can become. With the right renovation, 1216 Ridgecrest Street has the potential to be one of the area's standout homes--and a highly profitable investment.
See more
FeaturesInteriorInterior Features Double Vanity Primary Downstairs Kitchen Island
Basement Bath/Stubbed Walk-Up Access Unfinished Partially Finished Finished Exterior Entry Concrete
Flooring Hardwood Tile
Basement Y/N Yes
Total Rooms 19
Living Area 5335.00
Fireplace Yes
See more
GeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Fiber Internet Water Connected Underground Utilities Sewer Connected Natural Gas Available Electricity Connected
Possession Close Of Escrow
Roof Rubber Shingle
Appliances Electric Cooktop Refrigerator Electric Range Electric Oven
Number of Garage Spaces 2.00
Exclusions Personal Property
Electric Circuit Breakers
Architctural Style Traditional
County Hamblen
Levels Two
Property Type A
Property Condition Fixer
Subdivision Name Ridgecrest
Tax Year 2025
Occupant Type Vacant
Status Active
Auction Y/N No
Acres 0.8500
Construction Materials Brick Frame
Sub Type Single Family Residence
Year Built 1947
Directions From West Andrew Johnson Hwy turn onto N Fairmont Ave. Go 0.4 miles the home is on the right. GPS friendly.
City Morristown
List Price/SqFt 46.86
New Construction Y/N No
Association? No
Structure Type House
Street Name Ridgecrest
Public Remarks Fix & Flip Goldmine in Morristown - 1216 Ridgecrest StCalling all investors renovators and visionaries--this is the opportunity you've been waiting for. Located in a desirable area of Morristown 1216
See more
ExteriorWaterfront No
Exterior Features Garden Rain Gutters
Lot Features Corner Lot Level Front Yard
Fencing Other
Inclusions Refrigerator Range Stove and Cook Top
Water Source Public
Foundation Concrete Perimeter
Pool Features Fenced Liner In Ground
Lot Size Dimensions 276/105/260/153 IRR
Garage Y/N Yes
Attached Garage Y/N Yes
See more
* Excluded FeaturesList ByRobert TuckerListing Agent
Dandridge - Weichert, Realtors® - Tiger Real Estate Broker
Affordability Calculator
- Monthly Principal & Interest
- $1,539
- Monthly Property Taxes
- $253
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Morristown, TN
Average List Price $414,797
Percent of Sale Price 66%
About Morristown, TN 31,395 Population
11% Since 2002
$ 32,989 Median Income
38 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/23/2026 | $250,000 | | Listed Price |