$2,900,000

149 Meredith Valley Ln Elizabethton, TN 37643

4 beds
3 full
3,280 sqft
22.0 acres
$884 / sqft
House

Property details

About 149 Meredith Valley Ln

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 15 +/- 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!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,280 sqft
Lot size22 Acres
Year built1918
MLS #1261723
FireplaceBrick, Wood Burning
ViewMountain(s)

Summary

  • Full Bathrooms: 3
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen
  • Fireplace: Brick, Wood Burning
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Parking: None
  • View: Mountain(s)
  • Exterior: Balcony
  • Architectural Style: Historic
  • Heating: Central, Electric
  • Cooling: Central Air
  • List Price: $2,900,000
  • Price/SqFt: $884
  • Annual Tax Amount: $2,108
  • Tax Year: 2022
  • Lot: Level
  • Directions: I-26E to Exit 24 toward Elizabethton. Merge onto US-321N/TN 67E. Left on Broad Street. Left on Lynn Avenue. Left on TN-400 toward Watauga. Left on Swimming Pool Road. Continue on Sycamore Shoals Drive. Right onto Meredith Drive.
  • Year Built: 1918
  • Living Area: 3,280 SqFt
  • Lot Size: 22 Acres
  • MLS Number: 1261723
  • MLS Name: East Tennessee REALTORS® MLS
  • Office Name: Alliance Sotheby's Internation
  • Office Phone: (865) 357-3232
  • Office Email: debbieelliottsexton@gmail.com

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Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
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Last updated on: 5/2/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,900,000

149 Meredith Valley Ln

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Price information

Property sales

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Tax history

YearAssessmentProperty Tax
2023$103,825$-
2022$103,825$2,108
2021$103,825$2,108
2020$103,825$2,108

History based on county public records data.

Nearby schools

8

West Side Elementary School

Public District KG-5

0.9 mi

1310 Burgie St

6

Harold Mccormick Elementary School

Public District KG-5

2.5 mi

226 S Cedar Ave

8

Happy Valley Elementary School

Public District PK-4

2.6 mi

1840 Milligan Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,420. Residents of Elizabethton, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

58%
<35k
40%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

38%
Single, No Kids
11%
Single, with Kids
32%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 149 Meredith Valley Ln

The listing price of 149 Meredith Valley Ln property is $2,900,000.

The property 149 Meredith Valley Ln is a house located in Elizabethton, Tennessee, 37643.

Active Listing: 149 Meredith Valley Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 149 Meredith Valley Ln are: West Side Elementary School (GreatSchools Rating 8/10), Harold Mccormick Elementary School (GreatSchools Rating 6/10), Happy Valley Elementary School (GreatSchools Rating 8/10), T a Dugger Junior High School (GreatSchools Rating 7/10), Central Elementary School (GreatSchools Rating 4/10), Happy Valley Middle School (GreatSchools Rating 6/10), Elizabethton High School (GreatSchools Rating 5/10), Happy Valley High School (GreatSchools Rating 4/10), Carter County Online Academy (GreatSchools Rating 4/10).

According to the records, the last property tax for 2022 is $2,108 (source: MLS/based on county public records data).

The property at 149 Meredith Valley Ln has 4 bedrooms and 3 bathrooms.

The property 149 Meredith Valley Ln is 3,280 SqFt (source: MLS/tax record).

The year of construction for 149 Meredith Valley Ln is 1918.

This home is located at 149 Meredith Valley Ln in Elizabethton, TN and zip code 37643. This 3,280 square foot home, which was built in 1918, sits on a 22.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 3, 2024 and is currently priced at $2,900,000.

Elizabethton, TN housing market in April 2025 saw over 9 listings sold above listed price, more than 4 sold at listed price and over 18 sold below. The inventory of homes for sale in Elizabethton, TN between March and April 2025 increased by 15.8%. Listings spent 69 days on the market in April 2025, and had a median list price of $243,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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