508 Woodhaven Drive, Johnson City, TN 37604 (MLS # 9992238)
Price $515,000
Status Active
Beds 5
Baths 3 Baths
Home size 2,044 sqft
Lot Size 14,811 sqft
Days on Market 1
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.
Property Type(s): Single Family
Last Updated 3/12/2026 Tract Towne Acres
Year Built 1958 Community 301 - NW Johnson City
County Washington

SCHOOLS

Elementary School Towne Acres
Jr. High School Liberty Bell
High School Science Hill

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Built-In Gas Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
AREA 301 - NW Johnson City
BASEMENT Crawl Space
CONSTRUCTION Brick, Plaster
HEAT Heat Pump
INTERIOR Kitchen Island, Open Floorplan, Wired for Data
LOT 0.34 acre(s)
LOT DIMENSIONS 109 x 137.96 IRR
PARKING Driveway, Concrete
SEWER Public Sewer
STORIES 1
STYLE Ranch
SUBDIVISION Towne Acres
UTILITIES Cable Available, Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
WATER Public

Location

Listing provided by KW Johnson City
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2026.

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