$424,900
$40K PRICE DROP

531 Preserve Way Mountain City, TN 37683

Estimated payment $2,474/month

Total Views 40,954
2 Beds
3.5 Baths
2,786 Sq Ft
$153 Price per Sq Ft

Highlights

  • Open Floorplan
  • Deck
  • Traditional Architecture
  • Mountain View
  • Partially Wooded Lot
  • Wood Flooring

About This Home

Come and enjoy your private oasis in the hills of Tennessee! Beautiful cedar home is tucked away on over 5 acres for total privacy and enjoyment of the tranquility from the enormous wrap around decks. Step inside to be greeted by soaring vaulted ceilings, a stone fireplace, and gleaming hardwood floors giving that perfect mountain cabin feeling. Fantastic open floor plan lends itself to easy one-level living with an attached oversized two-car garage. Primary suite is located on one end of the home with two carpeted ''bonus'' rooms on the other end which can serve as additional sleeping spaces, home offices, or craft rooms. Upstairs is a large loft overlooking the living area along with another bedroom and full bath. Kitchen has ample storage and pantry space with 5 lazy Susan's! Whole-house generator, fiber optic internet, and a dual-fuel heat pump give peace of mind for those working from home. Only two miles from the Watauga Lake winery offering tastings and wood fired pizza and three miles from the gorgeous waters of Watauga Lake. An easy 20 minute drive from all of the amenities and necessities in Mountain City. Come and experience this spacious and thoughtfully laid out home today. The mountains are calling!

Listing Agent

Joel Farthing

Boone Real Estate License #323688 Listed on: 03/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1997

Lot Details

  • 5.43 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is in average condition

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Cabin
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,786 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Stone Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Loft
  • Bonus Room
  • Workshop
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Soaking Tub
  • Oversized Bathtub in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Patio

Schools

  • Doe Elementary School
  • Johnson Co Middle School
  • Johnson Co High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Propane
  • Shared Well
  • Septic Tank
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Watauga Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084 055.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1997

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Directions: From the intersection of HWY 421 and HWY 167 (Roan Creek Rd): take Roan Creek Rd. 5.8 miles to a left onto Big Dry Run. In 3.9 miles turn right onto Copperhead Hollow Rd. In 0.5 mile turn right onto Preserve Way. Driveway is 0.5 miles on left.
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1997
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Watauga Woods
  • Architectural Style: Cabin, Traditional
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 5.43
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Doe
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • General Property Description HOA YN: Yes
  • General Property Description Lot Dimensions: See acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2786.0
  • General Property Description Above Grade SqFt: 2786.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 084 055.00
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Interior Features KitchenDining Combo: Yes
  • View Mountain(s): Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Other Rooms Bonus Room3: Yes
  • General Property Description HOA Fee: 365.0
  • General Property Description Association Fee Frequency: Annually
  • Property Condition Average: Yes
  • Attic Partial Floor: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Attic Pull Down Stairs: Yes
  • Flooring Ceramic Tile: Yes
  • Sewer Private Sewer: Yes
  • TopographyLot Description Part Wooded: Yes
  • Other Rooms In Law Suite: Yes
  • Heating Propane3: Yes
  • TopographyLot Description Wooded: Yes
  • Water Shared Well2: Yes
  • Levels One and One Half: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Phone Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Propane5: Yes
  • Structure Type:House: Yes
  • Other Equipment Generator: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Other Equipment: Generator
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Has Basement: Crawl Space
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Primary Downstairs, 2+ Person Tub, Built-in Features, Garden Tub, Kitchen/Dining Combo, Laminate Counters, Open Floorplan, Soaking Tub, Wired for Data
  • Window Features: Insulated Windows
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Stone, See Remarks
  • Fireplaces: 1
  • Total Bedrooms: 10
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace:Living Room: Yes
  • Other Rooms:Workshop: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Loft: Yes
  • Fireplace:Stone2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Wired for Data: Yes
  • Interior Features Garden Tub: Yes
  • Interior Features:Attic Storage: Yes
  • Appliances:Trash Compactor: Yes
  • Interior Features 2 Person Tub: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition, Shingle
  • Other Structures: Garage(s)
  • View: Mountain(s)
  • Acres: 5.43
  • Topography: Level, Part Wooded, Sloped, Wooded
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Covered, Deck, Front Porch, Porch, Wrap Around
  • Exterior Finish Wood Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Wrap Around: Yes

Garage/Parking

  • Parking Features: Driveway, Asphalt, Attached, Gravel
  • Sq Ft DetailsGarageAttachedSq Ft: 900
  • Sq Ft DetailsGarageTotalSq Ft: 900
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Heating: Electric, Fireplace(s), Forced Air, Heat Pump, Propane, See Remarks
  • Sewer: Private Sewer, Septic Tank
  • Utilities: Cable Available, Electricity Connected, Phone Connected, Propane, Sewer Connected, Water Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well, See Remarks
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:See Remarks10: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 365.0
  • Association: Yes

Schools

  • Elementary School: Doe
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co

Lot Info

  • Zoning: Res
  • Lot Dimensions: See acres
  • Lot Size Sq Ft: 236530.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 084 055.00

Tax Info

  • Tax Book Number: 175

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,596 $72,200 $8,975 $63,225
2023 $1,596 $72,200 $8,975 $63,225
2022 $1,307 $72,200 $8,975 $63,225
2021 $1,307 $72,200 $8,975 $63,225
2020 $1,350 $72,200 $8,975 $63,225
2019 $1,350 $65,850 $8,975 $56,875
2018 $1,350 $65,850 $8,975 $56,875
2017 $1,350 $65,850 $8,975 $56,875
2016 $1,350 $65,850 $8,975 $56,875
2015 $1,192 $65,850 $8,975 $56,875
2014 $1,235 $68,225 $9,000 $59,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Price Changed $424,900 -3.4% $153 / Sq Ft
07/03/2025 07/03/25 Price Changed $439,900 -1.1% $158 / Sq Ft
05/13/2025 05/13/25 Price Changed $444,900 -1.1% $160 / Sq Ft
03/05/2025 03/05/25 For Sale $449,900 0.0% $161 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $449,900 -3.2% $161 / Sq Ft
10/20/2024 10/20/24 For Sale $464,900 0.0% $167 / Sq Ft
09/07/2024 09/07/24 Off Market $464,900 -- --
08/30/2024 08/30/24 For Sale $464,900 -- $167 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $269,000 --
Warranty Deed $225,000 --
Warranty Deed $19,500 --
Warranty Deed $15,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 New Conventional
Previous Owner $245,407 New Conventional
Source: Public Records

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Source: Tennessee/Virginia Regional MLS

MLS Number: 9970608

Tennessee/Virginia Regional MLS

APN: 084-055.00