Listed by Brenda E. Brewster of INNOVATE Real Estate
NEW PRICE - $329,000 VALUE SNAPSHOT ✔ $329,000 - Priced to attract immediate interest ✔ $222,000+ in improvements - Major systems already updated ✔ Move-In Ready - Big-ticket items completed ✔ $15,000/year income - Detached guest house leased at $1,250/month ✔ Flexible use - Rental, office, guest suite, or multigenerational living BONUS VALUE Detached guest house provides immediate income or flexible living space--like getting two properties in one. OVER $222,000 IN IMPROVEMENTS: ● New roof ● Electrical system upgrade (panel, wiring, service) ● PEX plumbing & new city water line ● Updated HVAC & ductwork ● Renovated bathrooms (guest + primary) ● LED lighting upgrades ● Decks, walkways & landscaping ● Detached guest house (income-producing) ● Additional updates throughout PROPERTY FEATURES: Updated historic home blending character with modern systems. Detached guest house generates income and adds flexibility. Over $222K in improvements reduce future costs, making this a strong value for both homeowners and investors. OVER $222,000 IN DOCUMENTED CAPITAL IMPROVEMENTS: Estimated current replacement costs shown for illustration. ● New Roof -- (Estimated replacement cost: $18,000-$25,000) ✓ Already completed ● Complete Electrical System Upgrade (new service, breaker panel, wiring throughout the home, and electrical feeds to both buildings) -- (Estimated replacement cost: $20,000-$35,000) ✓ Already completed ● New City Water Service Line (street to home) -- (Estimated replacement cost: $8,000-$15,000) ✓ Already completed ● PEX Plumbing Upgrades Throughout -- (Estimated replacement cost: $15,000-$30,000) ✓ Already completed ● Sewer Line Professionally Cleaned and Restored -- (Estimated value of service: $500-$2,000) ✓ Already completed ● Updated HVAC System & Ductwork -- (Estimated replacement cost: $12,000-$20,000) ✓ Already completed ● Completely Renovated Guest Bathroom (taken to the studs and rebuilt) -- (Estimated replacement cost: $20,000-$35,000) ✓ Already completed ● Newly Updated Primary En-Suite Bathroom -- (Estimated replacement cost: $12,000-$25,000) ✓ Already completed ● Detached Guest House Improvements -- Adds immediate income-producing capability with current gross rental income of approximately $15,000 annually. ● New Decks & Outdoor Living Areas -- (Estimated replacement cost: $15,000-$30,000) ✓ Already completed ● Concrete Walkways & Hardscaping -- (Estimated replacement cost: $8,000-$18,000) ✓ Already completed ● Professionally Designed Mature Landscaping & Gardens -- (Estimated replacement cost: $10,000-$30,000) ✓ Already completed ● Updated Interior & Exterior Lighting -- (Estimated replacement cost: $3,000-$8,000) ✓ Already completed The next owner can enjoy these improvements without taking on the cost, disruption, and time required to complete them today.

Listing Tools

Property Details of 602 Watauga Avenue

Map Location

Based on information submitted to East Tennessee Realtors as of July 7, 2026 2:56 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to be contacted by Highlands Elite Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Consent is not a condition of purchase. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.