514 Ranier DR, Kingsport, TN 37663
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514 Ranier DR, Kingsport, TN 37663
514 Ranier DR, Kingsport, TN 37663
514 Ranier DR, Kingsport, TN 37663
514 Ranier DR, Kingsport, TN 37663
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514 Ranier DR Kingsport, TN 37663

2 Beds

2 Baths

1,400 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $96

Subdivision Don Ritter

MLS Listing ID 9996532

Style See Remarks

Bedrooms 2

Full Baths 2

HOA Y/N No

Total Fin. Sqft 1400

Year Built 1960

Lot Size 1.230 Acres

Acres 1.23

Lot Dimensions 250 X 231.6

Property Sub-Type Single Family Residence

Source Tennessee/Virginia Regional MLS

Property 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.

Location

State TN

County Sullivan

Community Don Ritter

Area 1.23

Zoning R 1

Direction From Fort Henry, turn on Colonial Heights Rd. Turn left on McTeer, Turn right on Ranier. House is on the left.

Rooms

Other Rooms Gazebo, Outbuilding

Interior

Interior Features See Remarks

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplaces Number 3

Fireplace Yes

Heat Source See Remarks

Exterior

Parking Features See Remarks

Roof Type See Remarks

Topography See Remarks

Porch See Remarks

Building

Story 1

Entry Level One

Sewer Septic Tank

Water Public

Architectural Style See Remarks

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Rock Springs

Middle Schools Sullivan Heights Middle

High Schools West Ridge

Others

Senior Community No

Tax ID 092c B 02910 000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Lisa Scott • CENTURY 21 Legacy Fort Henry

NEARBY SCHOOLS & PROPERTIES

Leann Mahaffey

Leann Mahaffey

Broker Associate | License ID: 333737

+1(423) 341-2200

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514 Ranier DR