508 Woodhaven Drive, Johnson City, TN 37604

• 5 beds |
• 3 baths |
• 2,044 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 12, 2026

Data Last Updated:

March 13, 2026 at 6:38PM

Listing Office:

KW Johnson City : 423-433-6500

Listing Agent:

Christian Zervos : 304-206-8970

MLS ID:

9992238

Interior

• General: 2+ Person TubKitchen IslandWired for DataOpen FloorplanRemodeledStone Counters
• Appliances: DishwasherDryerCooktopMicrowaveRefrigeratorWasherBuilt-In Gas Oven
• Basement: Crawl Space
• Flooring: HardwoodCeramic Tile
• A/C: Central Air
• Heating: Heat Pump

Exterior

• Style: Ranch
• Parking: DrivewayConcrete

Construction

• Roofing: Shingle
• General: BrickPlasterOne

Location

• Originating MLS: Tennessee/Virginia Regional MLS
• County: Washington

Lot

• Zoning: R 2038p C 02100 000
• Fencing: Back Yard

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Tennessee/Virginia Regional MLS