4 days on Rocket
$10,000 Closing Credit¹
#9979782, Elizabeth Cornett, Listing Office: Ace Realty
$449,900 List price
531 Preserve Way Mountain City, TN 37683
$5,343
Closing credit¹
2 beds
3 full, 1 partial
2,786 sqft
5.4 acres
$161 / sqft
House
Property details
About 531 Preserve Way
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!
Highlights
Home typeSingle Family Residence
HeatingElectric, Fireplace(s), Forced Air, Heat Pump, Propane, Other
StatusActive
CoolingCeiling Fan(s), Central Air, Heat Pump
Size2,786 sqft
Lot size5.43 Acres
Year built1997
ParkingDriveway, Asphalt, Attached, Gravel
MLS #9970608
Attached garage2 spaces
FireplaceLiving Room, Stone, See Remarks
ViewMountain(s)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
- Basement: No
- Flooring Type: Carpet, Ceramic Tile, Hardwood
- Interior: Primary Downstairs, 2+ Person Tub, Built-in Features, Garden Tub, Kitchen/Dining Combo, Laminate Counters, Open Floorplan, Soaking Tub, Wired for Data
- Fireplace: Living Room, Stone, See Remarks
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Driveway, Asphalt, Attached, Gravel
- View: Mountain(s)
- Exterior: Back Fence, Porch/Covered, Deck, Porch Front, Porch, Wrap Around Porch
- Architectural Style: Cabin, Traditional
- Heating: Electric, Fireplace(s), Forced Air, Heat Pump, Propane, Other
- Cooling: Ceiling Fan(s), Central Air, Heat Pump
- List Price: $449,900
- Price/SqFt: $161
- HOA Amount: $30
- HOA Frequency: Annually
- Annual Tax Amount: $1,307
- Tax Year: 2023
- 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.
- Year Built: 1997
- Living Area: 2,786 SqFt
- Lot Size: 5.43 Acres
- MLS Number: 9970608
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: Boone Real Estate
- Office Phone: (828) 265-1021
- Office Email: bob@boonerealestate.com
- Listing Agent: Joel Farthing
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2025, 8:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,900
531 Preserve Way
$5,343
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 26, 2007 | Home Sold | $269,000 |
| Nov 30, 2002 | Home Sold | $225,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $72,200 | $1,307 |
| 2022 | $72,200 | $1,307 |
| 2021 | $72,200 | $1,307 |
| 2020 | $72,200 | $1,307 |
| 2019 | $65,850 | $1,350 |
| 2018 | $65,850 | $1,350 |
| 2017 | $65,850 | $1,350 |
History based on county public records data.
Nearby schools
5
Doe Elementary School
Public District PK-6
5.8 mi
•7164 Highway 67 W
4
Roan Creek Elementary School
Public District PK-6
6.5 mi
•2410 Roan Creek Rd
6
Mountain City Elementary School
Public District PK-6
10.0 mi
•301 Donnelly St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,511. The majority of Mountain City, TN residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
43%
<35k
45%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
6%
Single, with Kids
40%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Monster Trucks
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Chevrolet
What do the neighbors listen to?
Classic Country- Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 Preserve Way
The listing price of 531 Preserve Way property is $449,900.
The property 531 Preserve Way is a house located in Mountain City, Tennessee, 37683.
Active Listing: 531 Preserve Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 531 Preserve Way are: Doe Elementary School (GreatSchools Rating 5/10), Roan Creek Elementary School (GreatSchools Rating 4/10), Mountain City Elementary School (GreatSchools Rating 6/10), Bethel School (GreatSchools Rating 6/10), Little Milligan (GreatSchools Rating 5/10), Mabel School (GreatSchools Rating 3/10), Johnson County High School (GreatSchools Rating 6/10), Unaka High School (GreatSchools Rating 4/10), Cloudland High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,307 (source: MLS/based on county public records data).
The last sale was on February 26, 2007 for $269,000 (source: MLS/tax record).
The property at 531 Preserve Way has 2 bedrooms and 3 full and 1 half bathrooms.
The property 531 Preserve Way is 2,786 SqFt (source: MLS/tax record).
The year of construction for 531 Preserve Way is 1997.
This home is located at 531 Preserve Way in Mountain City, TN and zip code 37683. This 2,786 square foot home, which was built in 1997, sits on a 5.43 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $449,900.
In April 2025, from all listings sold in Mountain City, TN there were more than 0 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Mountain City, TN between March and April 2025 increased by 16.7%. In April 2025 median list price was $257,750 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.