The only thing better than this investment opportunity is the mountainous backdrop. These TEN beautiful cabins are already producing well with room for growth. The first five cabins are 576 square feet on one level with one bathroom, one bedroom, and large decks overlooking the gorgeous mountains. These five are on the same 2.96 acre parcel with possibility for future building sites. These also share a water meter, electrical meter, and septic tank. All five are leased with month-to-month lease terms. The second five cabins are on individual parcels with individual septic tanks, electrical meters, and water meters. These are 1600 square feet, two levels, and offering two bedrooms and two and a half bathrooms. Two of these are currently leased (also month-to-month) and the other three homes are still incomplete. Current monthly gross amount is $9350 and that is without the income of the three incomplete cabins. Renting easily as long term rentals, these would also be highly successful as short term rentals as well. These beautifully built homes with the gorgeous views are the perfect addition to any investor's portfolio. Located in Elizabethton in close proximity to Watauga Lake, various popular hiking trails, the Watauga River, Roan Mountain, and even a short drive to NC skiing, this is a beautiful destination both long term and short term tenants.
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Listing Snapshot
Price
$1,995,000
Days On Site
111 Days
Bedrooms
N/A
Inside Area (SqFt)
2,304 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
4.71 Acres
Year Built
2020
MLS® Number
9986985
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a month ago
Price changed to $1,995,000
a month ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
4.71
Parking
GravelParking Pad
Property Sub Type
Multi Family
Sewer
Septic Tank
SqFt Total
2304
Style
Cabin
Utilities
Electricity ConnectedWater Connected
Water Source
Public
Zoning
Commercial
Interior Features
Appliances
Built-In Electric OvenMicrowave
Cooling
Central Air
Heating
Central
Laundry Features
Electric Dryer HookupWasher Hookup
Window Features
Insulated Windows
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Exterior Features
Construction Details
Wood Siding
Patio And Porch
Deck
Roof
Metal
View
Mountain(s)
Waterview
Mountain(s)
Windows/Doors
Insulated Windows
Community Features
MLS Area
314 - Carter County
Schools
School District
Unknown
Elementary School
Hunter
Middle School
Hunter
High School
Unaka
Listing courtesy of Lauren Clemson of Property Executives Johnson City
Listing information is provided by Participants of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Tennessee Virginia Regional MLS.
Data last updated at: 2026-02-02 12:43 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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