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$3,470,000
202 Days On Site

149 Meredith Valley Lane
Elizabethton, TN 37643

For Sale|Single Family Residence|Active
4
Beds
3
Full Baths
0
Partial Baths
3,280
SqFt
$1,058
/SqFt
1918
Built
County:
Carter County - 29

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149 Meredith Valley Lane149 Meredith Valley Lane149 Meredith Valley Lane149 Meredith Valley Lane
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Meredith Valley Farm - ''Where dreams are made by the water's edge.'' Meredith Valley Farm (''MVF'') is no stranger to anyone living in the beautiful foothills of the southern Appalachian mountains of Northeast Tennessee. MVF is the epitome of a multigenerational family farm with a true heart for community. Originally owned as a working cattle farm dating back to the early 1900s, MVF has blossomed into a versatile commercial and residential property. Now is your opportunity to own a piece of history and capitalize on an excellent Investment Opportunity! A portion of this amazing farm is now being offered as a 22 +/- Acre Mini-Farm with the original Farmhouse, Event Shed, Barn and Pond. In addition, along the water's edge of the beautiful Watauga River, lies 8+ acres of land with over 1200' of riverfront, 3 Riverfront Cabins, a River Event Shed, Campground with 17 RV sites and an Office, all providing great income. The heart of the farm has always been the ''Farmhouse.'' Built in 1918, the historic Farmhouse offers over 3,200 sq ft, 4BR/3BA and provides a front porch view with spectacular sunrises over the Cherokee National Forest. This meticulously maintained, all-brick home is full of character and charm with gleaming hardwood floors, spacious rooms, high ceilings, an updated kitchen, separate living quarters on the upper level and front and back porches to absorb all the surrounding beauty. Next door is the Farmhouse Shed that hosts weddings, receptions, reunions, and other events, and is surrounded with lush gardens with a bird's eye view of MVF's classic red barn. Both the Farmhouse and the Event Shed are income producing properties providing the next owners an option of continuing a tradition or making it their own private residence. Behind the classic red barn is fenced pasture and a spring-fed pond to easily accommodate livestock. The 8+ acres along the water's edge of the Watauga River feature 3 Riverfront Cabins, a River Event Shed, and a 17 site RV Campground. Idyllic location in the Trophy Trout Section of the river with views protected by Sycamore Shoals State Park, this area is famous for fly fishing and has become a fisherman's dream spot. Overmountain Victory National Historic Trail also runs on this side of the river. There is limitless potential and plenty of room for expansion. Each of the riverfront cabins, uniquely themed, have private waterside decks and fishing piers along the sparkling waters of the Watauga River. Cabin 1 - American Cabin, 570 sq ft, 1BR & loft/1BA; Cabin 2 - Outdoor Cabin, 570 sq ft, 1BR & loft/1 BA; Cabin 3 - Western Cabin, 616 sq ft, 2BR/2BA all on one level. The cabins and 17 RV sites are consistently rented and provide an excellent income opportunity. The River Shed is a great location for hosting events and all type of gatherings to provide additional income. Located in the historic, quaint town of Elizabethton with close proximity to Johnson City, Bristol, Asheville and Boone, NC with an abundance of area attractions. East Tennessee is known for its exceptional beauty and outdoor activities including hiking, biking, boating, fishing,whitewater rafting, canoeing, kayaking, golf, skiing and much more. While only minutes from the city, MVF offers its residents and guests an escape to serenity. Whether the next owner of this timeless piece of history chooses to carry on the tradition of a Multigenerational farm or capitalize on an excellent Investment Property, this amazing farm is truly a once in a lifetime opportunity!

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Listing Snapshot
Price 
$3,470,000
Days On Site 
202 Days
Bedrooms 
4
Inside Area (SqFt) 
3,280 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
30 Acres
Year Built 
1918
MLS® Number 
1261723
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $3,470,000
7 months agoStatus changed to Active
7 months agoListing first seen on site
General Features
Acres 
30
Parking 
None
Property Sub Type 
Single Family Residence
SqFt Total 
3280
Style 
Historic
Interior Features
Appliances 
DryerRangeRefrigeratorWasher
Basement 
Crawl Space
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
3
Flooring 
Hardwood
Heating 
CentralElectric
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Exterior Features
Construction Details 
Brick
Exterior 
Balcony
Lot Features 
Level
Other Structures 
StorageBarn(s)Workshop
Patio And Porch 
PatioCovered
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Carter County - 29
Listing courtesy of Sandy Poe of Alliance Sotheby's Internation

Copyright © 2024 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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