Price
$ 399,000

229 Old Stage Road, Johnson City, TN 37615  
  • 4 beds
  • 2 baths
  • 1,804 sqft

229 Old Stage Road, Johnson City, TN 37615  

Imagine the possibilities! Original homestead exists on nearly 8 beautiful, rolling acres, perfect for development! The side fronting Old Stage Road is zoned residential, and the back land fronting on Oak Grove Road is zoned R3 and has public sewer available at the road. Approximately 56 townhomes/condos could be built to provide an excellent source of rental income. (Estimation calculated on R3 guidelines that 14 BR/acre, resulting in 7 2-bedroom units at 8 buildings). The land also connects to the existing Glen Oaks Development, should one want to develop homes and extend that development further. This property is in a prime location, currently has only county taxes, and is a developer's dream. Leave the existing home or remodel it and live in it and use the back acreage for income producing---whatever you decide, the possibilities are endless! Barn and older building are also on the property. All information deemed reliable but not guaranteed and is gathered from third party sources. Buyer and Buyer's Agent to verify all information contained herein. Home to be sold AS IS. Acreage is an approximation based upon the CRS measuring tool.

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Listing Type
Single Family
Listing ID
395558
Bedrooms
4
Bathrooms
2
House Size
1,804
Lot Size
8.00 acres
Listing Status
Active
Year Built
1947
County
Washington
Full Bath
2
Subdivision
Chas M Woodruff
Floors
1
Rooms
9.0
School District 1
BOONES CREEK
School District 2
BOONES CREEK
School District 3
DANIEL BOONE
Zoning
Residential, R3
Listing courtesy of COLDWELL BANKER/SECURITY REAL ESTATE
Price History
Date Listed at or
9/21/2017 $399,000 $20,900
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