531 Preserve Way Mountain City, TN 37683
Estimated payment $2,292/month
Highlights
- Open Floorplan
- Deck
- Vaulted Ceiling
- Mountain View
- Partially Wooded Lot
- Traditional Architecture
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 a carpeted bedroom and ''bonus'' room on the other end which can serve as additional sleeping space, home office, or craft room. 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! Home has a 2 bedroom septic system. See documents attached.
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
- Vaulted Ceiling
- 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
- 3 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2025 10/04/25 | Pending | -- | -- | -- |
| 09/30/2025 09/30/25 | Price Changed | $399,900 | -4.8% | $144 / Sq Ft |
| 09/05/2025 09/05/25 | Price Changed | $419,900 | -1.2% | $151 / Sq Ft |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $269,000 | -- | |
| Warranty Deed | $225,000 | -- | |
| Warranty Deed | $19,500 | -- | |
| Warranty Deed | $15,400 | -- |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9970608
APN: 084-055.00
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