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About This Home
This 5-bedroom, 3-bathroom single family at 508 Woodhaven Drive in Johnson City, TN is listed for $514,990 ($252 per sqft). Built in 1958, the home offers 2,044 sqft of living space on a 0.34 acres lot.
Proven Airbnb investment opportunity in the Towne Acres area of Johnson City! This fully renovated 5-bedroom, 2.5-bath home comfortably accommodates 8+ guests, generating $74,000-$80,000 annually with $15,000-$20,000 in future reservations at any given time.
It is being sold as-is with all furnishings included, allowing a buyer to continue the existing Airbnb operation immediately, with future reservations able to be transferred over. The property has produced strong performance over the past two years, generating approximately $74,000 in revenue in 2024 and $80,000 in 2025, along with a 93% occupancy rate over the past year and an average nightly rate around $258.
It offers investors a proven income-producing Airbnb rather than a startup short-term rental. The home underwent a full renovation in 2021 and is configured to comfortably host larger groups. The separate entrance and layout allow the primary bedroom suite to function as its own Airbnb rental space, creating the option for an owner to occupy part of the home while continuing to generate rental income from the remainder.
All furniture, decor, linens, kitchen equipment, and operational setup used for the Airbnb are included with the sale, creating a true turn-key investment with an established operating history. Conveniently located just minutes from ETSU, the VA, Johnson City Medical Center, and downtown Johnson City, the property benefits from strong demand drivers including medical, university, and regional tourism traffic.
Showings must be scheduled and accompanied by LA. Please do not enter the grounds at any other time so as to respect the privacy of guest. Buyer and Buyer agent to verify all information contained here in.
Key Features
- Built in 1958
- 0.34 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,754/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
508 Woodhaven Drive
Johnson City, TN 37604
Towne Acres
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom single family at 508 Woodhaven Drive is listed at $514,990 ($252/sqft). The estimated monthly payment is $2,232 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.34 acre lot. Interior Features: 2+ Person Tub, Kitchen Island, Open Floorplan.
This property is listed by Christian Zervos and can be reached at 3042068970 or christianzervos7@gmail.com.




































