149 Meredith Valley Lane, Elizabethton, TN 37643

$2,500,000
Property Type: Single Family Bedrooms: 4 Square Footage: 3,280 Lot Size (sq. ft.): 958,320 Status: Active
Current Price: $2,500,000 List Date: 9/10/2025 Last Modified: 9/10/2025

Description

Re-introducing a rare opportunity to own this timeless classic! 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!

More Information MLS# 1261723

Contract Info

Auction Y/N: No Listing Price: 2500000 Current Price: $2,500,000 Status: Active Listing Date: 2024-05-03

Location, Tax & Legal Info

Area: Carter County - 29 Property Sub-Type: Residential City/County Code: County Elementary School: Cloudland Middle School: Cloudland Total Tax: 2500 High School: Cloudland

General Property Description

Type: 1 1/2 Story # Bedrooms: 4 Acres: 22 Acre Source: Owner # of Rooms: 8 Restrictions: No Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 1736 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 1544 SqFt - 3rd Flr Lvl: 0 # Fireplace: 3 HOA: No Basement: No Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 3280 Baths - Full: 3 Year Built: 1918

Remarks & Misc

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. Public Remarks: Re-introducing a rare opportunity to own this timeless classic! 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!

Atchd/Dtchd Type

Detached: 1

Style

Historic: 1

Construction

Brick: 1

Siding

Brick: 1

Fireplace

Brick: 1 Wood Burning: 1

Cooling

Central Cooling: 1

Floors

Hardwood: 1

Garage/Parking

None: 1

Basement

Crawl Space: 1

Lot Description

Level: 1

Fuel

Electric: 1

View

Country Setting: 1 Mountain View: 1

Heat

Central: 1

Dining Area

Eat-in Kitchen: 1 Formal Dining Area: 1

Appliances

Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Other Rooms

Addl Living Quarter: 1 Bedroom Main Level: 1 Extra Storage: 1 Mstr Bdrm Main Level: 1

Exterior Features

Balcony: 1 Patio: 1 Porch - Covered: 1

Misc Features

Internet Available: 1 Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Public: 1

Outbuildings

Barn: 1 Detached Workshop: 1 Storage Shed: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Location Tax Legal Info

House #: 149 Street Name: Meredith Valley St Suffix: Lane State/Province: TN Zip Code: 37643 PIN #: 040 055.00, 040 055.03 Geo Lat: 36.346368 Geo Lon: -82.257714

Status Change Info

Status Change Date: 2025-09-10

Property Features

Style: Historic Construction: Brick Siding: Brick Basement: Crawl Space Lot Description: Level View: Country Setting; Mountain View Fireplace: Brick; Wood Burning Floors: Hardwood Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dryer; Range; Refrigerator; Washer Sewer: Septic Tank Water: Public Other Rooms: Addl Living Quarter; Bedroom Main Level; Extra Storage; Mstr Bdrm Main Level Misc Features: Internet Available; Washer/Dryer Connect Exterior Features: Balcony; Patio; Porch - Covered Outbuildings: Barn; Detached Workshop; Storage Shed Dining Area: Eat-in Kitchen; Formal Dining Area New Financing: Cash; Conventional; New Loan
Listing Office: Alliance Sotheby's International
Office Phone: 865-357-3232
Last Updated: September - 10 - 2025
149 Meredith Valley Lane, Elizabethton, TN 37643- MLS# 1261723
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, 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.