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Listed price in listed location currency (USD).
$135,000

220

MLS® 9996532

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1400 sqft
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $96
MLS® Number 9996532

Property Address: 514 Ranier Dr, Kingsport, TN, 37663-2017

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment and development opportunity in the heart of Colonial Heights! Situated on a rare 1.23-acre hilltop lot in one of Kingsport's most sought-after neighborhoods, this unique property offers multiple avenues for value creation, including renovation, redevelopment, rental income, or new construction potential. The existing home, approximately 1, 400-1, 500 square feet, features 2 bedrooms, 2 bathrooms, and a flexible bonus space ideal for a home office, walk-in closet, guest area, or additional storage. Major renovation work has already been completed, including updated plumbing, electrical, and most drywall installation, allowing investors or owner-occupants to focus on the final finishes and customization. The spacious primary bedroom features vaulted ceilings, while the kitchen layout provides an excellent foundation for a modern redesign. Whether you're looking to renovate and resell, create a long-term rental, or build equity through improvements, much of the heavy lifting has already been done. Adding even more potential, the property includes a second structure that sustained fire damage, presenting additional redevelopment possibilities. Remove and rebuild, expand the existing footprint, create a guest house, workshop, or explore future development opportunities (buyer to verify zoning, subdivision, and permitted uses). Properties offering acreage, privacy, hilltop views, and redevelopment potential in Colonial Heights are increasingly difficult to find. Surrounded by established homes and strong property values, this is a rare chance for investors, builders, developers, and flippers to capitalize on a high-demand Kingsport location with significant upside potential. Don't miss this opportunity to unlock the value of one of Colonial Heights' most unique investment properties.
MLS® Number9996532
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewaySee Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$135,000List Price
  • Commute

Commute

Starting Address
Destination Address
514 Ranier Dr, Kingsport, TN

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