508 Woodhaven Drive
Johnson City, TN, 37604 $ 515,000
Bedrooms5 Baths2.1 Sq 2,044 Monthly Estimate*
$ 3,171
for $515,000 with 5 bedrooms and 2 full baths, 1 half bath. This 2,044 square foot home was built in 1958 on a lot size of 0.34.
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.
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FeaturesGeneralSewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Cable Connected
Roof Shingle
Appliances Built-In Gas Oven Cooktop Dishwasher Dryer Microwave Refrigerator Washer
Zoning R 2
Patio/Porch Features Front Porch
Architectural Style Ranch
Security Features Other
Construction Materials Brick Plaster
Year Built 1958
Topography Level
Property Subtype Single Family Residence
County Washington
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Towne Acres
Total Rooms 12
Full Baths 2
Status Active
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.
High School Science Hill
City Johnson City
MLS Area 301 - NW Johnson City
Lot Size Units Acres
Lot Size Square Feet 14810.4
Elementary School Towne Acres
Home Warranty Y/N false
Middle/Junior High School Liberty Bell
Property Condition Above Average Updated/Remodeled
MLS Area Minor 301 - NW Johnson City
Structure Type House
Standard Status Active
Conventional true
Cash true
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InteriorInterior Amenities 2+ Person Tub Kitchen Island Open Floorplan Remodeled Wired for Data
Basement Crawl Space
Flooring Ceramic Tile Hardwood
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 5
Total Baths 3
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ExteriorFencing Back Yard
Parking Features Driveway Concrete
Water Source Public
Lot Size Area 0.34
Building Area Total 2044
Lot Dimensions 109 x 137.96 IRR
Lot Size Acres 0.34
Door Features ENERGY STAR Qualified Doors Sliding Doors
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* Excluded FeaturesList ByChristian ZervosListing Agent
christianzervos7@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,171
- Monthly Property Taxes
- $133
- 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 Johnson City, TN
Average List Price $478,221
Percent of Sale Price 7%
About Johnson City, TN 65,512 Population
14% Since 2002
$ 39,045 Median Income
37.2 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
857658 Elementary School
857631 Middle School
Science Hill High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/12/2026 | $515,000 | | Listed Price |