Residential (Single Family)

508 Woodhaven Dr, Johnson City, TN 37604

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.

Geographical

County: Washington

Subdivision: Towne Acres

Zoning: R 2

School System

Towne Acres Elementary

Liberty Bell Middle

Science Hill High

Other Rooms: Primary Bathroom, Recreation Room, Playroom, Primary Bedroom  Flooring: Hardwood, Ceramic Tile Basement & Foundation: Crawl Space  Other Features: 2+ Person Tub, Stone Counters, Remodeled, Open Floorplan, Wired for Data, Kitchen Island 

Porch, Patio, Decking Detail:  Front Porch Roof: Shingle Exterior Finish: Brick 

Photos