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Pending
  • $399,000

    2588 Carters Valley Rd, Surgoinsville, TN 37873

    2beds
    4baths
    2,880sqft
    : 
    Multi Family
    Built in 2002
    -- sqft lot
    $-- Zestimate®
    $139/sqft
    $-- HOA

    What's special

    Original log residence
    Live. Work. Invest. A Truly One-of-a-Kind Opportunity in Northeast Tennessee! If you've been searching for a property that offers flexibility, income potential, and room to dream big, then this is it. Just 20 minutes from Kingsport and under an hour to Bristol Motor Speedway, this rare multi-use property combines residential comfort with commercial capability on 5 acres of level to gently rolling land in a private, wooded setting. The standout feature is the 30x60 insulated commercial post-frame building (built in 2020), currently operating as a retail space. It includes a full bathroom, washer/dryer hookup, and two oversized garage doors (8' and 10') ideal for deliveries, workshop use, or vehicle storage. A 39' RV lean-to with 30-amp service, water, and sewer connects to the building, along with an additional 28' equipment lean-to, offering excellent potential for business use, storage, rental conversion, or event space. A charming tiny house built in 2023 adds immediate versatility with a full bath, kitchenette, living area with wall heater and window A/C, an 8'x10' sleeping loft, 4'x10' storage loft, covered front porch, and spacious deck--perfect for guests or a short-term rental. Two dedicated camper hookups (30-amp and 50-amp), both with water access, provide additional income or guest accommodations. At the center of the property sits a well-maintained 2-bedroom, 2-bath doublewide that is comfortable and move-in ready. Mature trees and wooded portions of the acreage provide privacy and a peaceful natural backdrop, while the original log residence and multiple barns/outbuildings offer additional storage, restoration, or repurposing potential. With residential, commercial, and income-producing possibilities in one location, this property delivers versatility rarely found in today's market. Schedule your showing to see the potential for yourself. The business can be purchased separately plus inventory!
    20 days
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    1,071
    |
    54
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 08:50am

    Listed by:

    Holly Humphrey 423-741-3400,

    Summit Properties 423-830-1133,

    Kelly West 423-612-0084,

    Summit Properties

    Source: TVRMLS,MLS#: 9991890

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 4
      Heating
      • Heat Pump
      Cooling
      • Heat Pump, Window Unit(s)
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Carpet, Concrete, Laminate
      Interior area
      • Total structure area: 2,880
      • Total interior livable area: 2,880 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: RV Access/Parking, Driveway, Gravel
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Side Porch
      • Exterior features: Playground, See Remarks
      Lot
      • Size: 5 Acres
      • Topography: Wooded, Rolling Slope, Cleared
      Details
      • Additional structures: Garage(s), Guest House, Outbuilding, Second Residence, Shed(s), Storage, Workshop
      • Parcel number: 030 043.00
      • Zoning: Commercial/Res

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: See Remarks
      • Property subtype: Multi Family
      Materials
      • Metal Siding, Vinyl Siding, See Remarks
      • Roof: Metal
      Condition
      • Average
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not Listed
      HOA
      • Has HOA: No
      Location
      • Region: Surgoinsville

      Financial & listing details

      • Price per square foot: $139/sqft
      • Tax assessed value: $109,200
      • Annual tax amount: $697
      • Date on market: 3/5/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,519/mo

        Price history

        Price history
        DateEventPrice
        3/16/2026Pending sale$399,000$139/sqft
        Source: TVRMLS #9991889 Report a problem
        3/5/2026Listed for sale$399,000$139/sqft
        Source: TVRMLS #9991889 Report a problem
        2/1/2026Listing removed$399,000$139/sqft
        Source: TVRMLS #9983966 Report a problem
        12/22/2025Price change$399,000-0.3%$139/sqft
        Source: TVRMLS #9983966 Report a problem
        11/26/2025Price change$400,000-4.3%$139/sqft
        Source: TVRMLS #9983966 Report a problem
        11/10/2025Price change$418,000-0.2%$145/sqft
        Source: TVRMLS #9983911 Report a problem
        11/1/2025Price change$419,000-0.2%$145/sqft
        Source: TVRMLS #9983966 Report a problem
        10/20/2025Price change$420,000-1.2%$146/sqft
        Source: TVRMLS #9983966 Report a problem
        10/13/2025Price change$425,000-3.6%$148/sqft
        Source: TVRMLS #9983911 Report a problem
        10/7/2025Price change$441,000-0.5%$153/sqft
        Source: TVRMLS #9983911 Report a problem
        9/25/2025Price change$443,000-0.4%$154/sqft
        Source: TVRMLS #9983911 Report a problem
        9/18/2025Price change$445,000-1.1%$155/sqft
        Source: TVRMLS #9983966 Report a problem
        9/4/2025Price change$450,000-3.2%$156/sqft
        Source: TVRMLS #9983911 Report a problem
        8/18/2025Price change$465,000-2.1%$161/sqft
        Source: TVRMLS #9983911 Report a problem
        8/1/2025Listed for sale$475,000+666.1%$165/sqft
        Source: TVRMLS #9983911 Report a problem
        2/20/2019Sold$62,000-11.3%$22/sqft
        Source: TVRMLS #410639 Report a problem
        2/1/2019Pending sale$69,900$24/sqft
        Source: SPRING MOUNTAIN REALTY, PLLC #579557 Report a problem
        11/21/2018Price change$69,900-5.5%$24/sqft
        Source: SPRING MOUNTAIN REALTY, PLLC #579557 Report a problem
        8/1/2018Listed for sale$74,000+5.4%$26/sqft
        Source: SPRING MOUNTAIN REALTY, PLLC #579557 Report a problem
        6/14/2018Sold$70,200+77.3%$24/sqft
        Source: Public Record Report a problem
        7/10/2017Sold$39,600$14/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$697 $27,300
        2024$697 +9.9%$27,300
        2023$635 -36.8%$27,300 -37%
        2022$1,005 $43,350
        2021-- $43,350 +55.4%
        2020$707 $27,900
        2019$707 +81.5%$27,900 +81.5%
        2018$389 +0.1%$15,375
        2017$389 $15,375
        2016$389 +2.6%$15,375
        2015$379 -2.7%$15,375 -2.7%
        2014$389 +5.3%$15,800 +0.1%
        2013$370 -0.2%$15,780
        2012$371 +0.2%$15,780
        2011$370 $15,780
        2010-- $15,780 -0.2%
        2009$428 +3.6%$15,814
        2008$413 -21.4%$15,814 -21.4%
        2007$525 +49%$20,130 +34.8%
        2006$353 -11.9%$14,938
        2005$400 +55.2%$14,938 +46.5%
        2004$258 +5%$10,199
        2002$246 $10,199
        2001-- $10,199 -75%
        2000-- $40,794

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,149/mo
        Principal & interest
        $1963
        Property taxes
        $186
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          Climate risks

          Neighborhood: 37873

          Getting around

          0 / 100
          Car-Dependent
          14 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Surgoinsville
          • Middle: Surgoinsville
          • High: Volunteer

          Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 37873

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