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514 Ranier Drive, Kingsport, TN 37663 - $135,000

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Blue Ridge Properties Listing

514 Ranier Drive, Kingsport, TN 37663 (MLS #9996532)

Basic Information:

Bedrooms: 2

Full Bathrooms: 2

Half Bathrooms: 0

Type: Residential

Sub Type: Single Family Residence

MLS Number: 9996532

Lot Acreage: 1.23000

Living Area: 1,400

Year Built:1960

Elementary School: Rock Springs

Middle School: Sullivan Heights Middle

High School: West Ridge

Public Remarks: 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.

Listing Courtesy:CENTURY 21 Legacy Fort Henry

More Listing Info:

AC:See Remarks11: true

Contract Info:Foreclosure: No

Easements:None12: true

Exterior Finish:Vinyl Siding: true

Flooring:See Remarks6: true

General Property Description:# Fireplaces: 3

General Property Description:Above Grade SqFt: 1400.0

General Property Description:Acres: 1.23

General Property Description:Baths - Full: 2

General Property Description:Deed Book #2: 3510

General Property Description:Deed Page #2: 570

General Property Description:Elementary School3: Rock Springs

General Property Description:High School3: West Ridge

General Property Description:HOA YN: No

General Property Description:Home Warranty: No

General Property Description:Lot #2: 7&8&

General Property Description:Lot Dimensions: 250 X 231.6

General Property Description:Middle School2: Sullivan Heights Middle

General Property Description:Stories2: 1

General Property Description:Total Rooms2: 7

General Property Description:Total SqFt Finished: 1400.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: R 1

Heating:See Remarks10: true

Interior Features:See Remarks4: true

Levels:One: true

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 1170.01

Other Structures:Gazebo: true

Other Structures:Outbuilding: true

Parking Features:See Remarks22: true

PorchPatioDeck:See Remarks9: true

Property Condition:Fixer: true

Property Condition:Under Construction: true

Remarks Misc:Directions3: From Fort Henry, turn on Colonial Heights Rd. Turn left on McTeer, Turn right on Ranier. House is on the left.

Remarks Misc:userdefined80: 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.

Sewer:Septic Tank: true

SqFt Details:Basement Total SqFt: 0

SqFt Details:Finished SqFt Level 1: 1400

SqFt Details:Garage Total SqFt: 0

Structure Type:House: true

Style:See Remarks2: true

TopographyLot Description:See Remarks: true

Walls:Drywall: true

Water:Public: true