Positioned on an expansive 16.62-acre tract in the highly desirable Johnson City area, this exceptional 4-bedroom, 2.5-bath residence presents a rare opportunity to combine upscale living with strong investment potential. Built in 2010 and offering 2,817 square feet of well-designed living space, the home features a blend of hardwood and carpet flooring, a warm and inviting fireplace, and a layout suited for both comfortable family living and executive-style entertaining, with an attached garage adding everyday convenience. Zoned R2/R4, this property offers outstanding flexibility for future development, multi-unit potential, or long-term portfolio growth. The 16.62-acre setting provides privacy, scenic surroundings, and ample space for expansion, additional structures, or recreational use. Whether you're seeking a private estate for family living or a strategic investment with development upside, this property delivers a unique combination of land, location, and opportunity in one of East Tennessee's most desirable areas.
For sale
Price cut: $9.9K (6/11)
$989,990
2898 Watauga Rd, Johnson City, TN 37601
4beds
3,426sqft
Single Family Residence, Residential
Built in 2010
16.62 Acres Lot
$938,000 Zestimate®
$289/sqft
$-- HOA
What's special
Recreational useAmple space for expansionScenic surroundingsWarm and inviting fireplace
- 13 days
- 508
- 12
Zillow last checked:
Listing updated:
Listed by:
William Naranjo 423-967-0072,
Your Home Sold Guaranteed Realty 865-365-2280
Source: TVRMLS,MLS#: 9995010
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Heat Pump
Appliances
- Included: Dryer, Refrigerator, Washer, Other
Features
- Kitchen Island, Solid Surface Counters
- Flooring: Carpet, Hardwood
- Number of fireplaces: 1
- Fireplace features: Other
Interior area
- Total structure area: 3,426
- Total interior livable area: 3,426 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Other
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Other
Lot
- Size: 16.62 Acres
- Topography: Cleared, Rolling Slope, Other
Details
- Additional structures: Barn(s)
- Parcel number: 031 037.00
- Zoning: R 2 / R 4
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Block, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Average
- New construction: No
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Johnson City
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $678,100
- Annual tax amount: $3,962
- Date on market: 8/24/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$938,000
$891,000 - $985,000
$2,954/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $989,990-1%$289/sqft |
Source: TVRMLS #9995010 Report a problem | ||
| 5/28/2026 | Price change | $999,9000%$292/sqft |
Source: TVRMLS #9995010 Report a problem | ||
| 5/21/2026 | Price change | $999,9090%$292/sqft |
Source: TVRMLS #9995010 Report a problem | ||
| 5/14/2026 | Price change | $999,9900%$292/sqft |
Source: My State MLS #11691898 Report a problem | ||
| 4/18/2026 | Listed for sale | $999,999-9.1%$292/sqft |
Source: My State MLS #11691898 Report a problem | ||
| 8/8/2025 | Listing removed | $1,100,000$321/sqft |
Source: TVRMLS #9981377 Report a problem | ||
| 6/8/2025 | Listed for sale | $1,100,000+266.7%$321/sqft |
Source: TVRMLS #9981377 Report a problem | ||
| 12/6/2007 | Sold | $300,000+25%$88/sqft |
Source: Public Record Report a problem | ||
| 9/1/1999 | Sold | $240,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,962 +0.8% | $128,275 |
| 2024 | $3,930 +27.1% | $128,275 +71.3% |
| 2023 | $3,093 +6.4% | $74,900 |
| 2022 | $2,906 | $74,900 |
| 2021 | $2,906 +0.5% | $74,900 |
| 2020 | $2,891 +79.5% | $74,900 |
| 2019 | $1,610 -4.8% | $74,900 +1.7% |
| 2018 | $1,691 -46.2% | $73,625 |
| 2017 | $3,144 | $73,625 |
| 2016 | $3,144 +10.9% | $73,625 |
| 2015 | $2,834 +6.9% | $73,625 |
| 2014 | $2,650 | $73,625 |
| 2013 | -- | $73,625 -21.5% |
| 2011 | $3,268 +30.3% | $93,800 +29.2% |
| 2010 | $2,508 | $72,625 |
| 2009 | $2,508 | $72,625 |
| 2008 | -- | $72,625 +37.5% |
| 2007 | $2,261 +8.9% | $52,825 |
| 2006 | $2,076 +3.4% | $52,825 |
| 2005 | $2,007 | $52,825 |
| 2004 | $2,007 +3.6% | $52,825 +11.2% |
| 2003 | $1,938 | $47,500 0% |
| 2001 | -- | $47,506 -75% |
| 2000 | -- | $190,023 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37601
Nearby schools
Schools provided by the listing agent
- Elementary: Fairmont
- Middle: Indian Trail
- High: Science Hill
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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