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940 Shipp St, Kingsport, TN, 37660

2beds
1baths
1,098sqft
$369,900
$337price/sqft
$2,427/moest. monthly cost
$97,080/yrincome needed

About This Home

Creekside cottage on over 9 acres! This beautifully renovated cottage sits on nearly 9 acres of level pasture land complete with a picturesque pond and a peaceful creek view. The property is the ideal countryside retreat, with the added conveniences of city life just minutes away, from countless shopping and dining options to landmarks like Eastman and the South Holston River. A private gated driveway welcomes you to the property, where you'll find a spacious barn with power and water service, ideal for hobbies, storage, or livestock. The cottage itself offers a charming, covered front porch that invites you to relax and take in the tranquil surroundings. Inside, the home has been thoughtfully updated with new flooring throughout, updated plumbing and electrical, and a bright, open-concept layout. The living room features a beautiful brick fireplace, creating a cozy focal point, and flows effortlessly into the dining area and kitchen, where natural light and modern finishes make every meal a pleasure. At the back of the home is a spacious family room with vaulted ceilings and lots of windows that provide stunning views of the property and plenty of space for gathering or unwinding. Adjacent to this room, you'll find a sunny breakfast nook and a convenient laundry area. Whether you're looking for a small farm, a private getaway, or simply a peaceful place to call home, this special property delivers the best of both worlds: country serenity and city convenience. Schedule a showing today!

Getting Around

15
WalkingCar-Dependent
13
TransitMinimal Transit
19
BikeSomewhat Bikeable

Schools

8/10
Lincoln Elementary SchoolGrades PK-51.6 mi
7/10
Robinson Middle SchoolGrades 6-82.5 mi
8/10

Construction

Condition

  • Property condition: Updated/Remodeled,Above Average
  • Year built: 1940

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Block,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Cottage,See Remarks
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Block,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Built-in Features,Kitchen/Dining Combo,Remodeled,Restored
  • Window features: Double Pane Windows
  • Flooring: Ceramic Tile,Concrete,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s)
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,846
  • Total interior livable area: 1,098 sqft

Property

Details

  • Parcel number: 061 010.70 & 061 010.60
  • Zoning: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Water,Creek/Stream
  • Has water view: Yes
  • Water view: Water,Creek/Stream
  • Topography of land: Level, Part Wooded, Pasture

Lot

  • Lot size: 9.15 Acres
  • Lot size dimensions: See acres

Parking

  • Parking features: Gravel,Parking Pad

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Landslide
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,870$22,440
Home Insurance $201$2,412
Property Taxes $181$2,172
Electricity $175$2,103
Total$2,427$29,124

Income You'd Need if You Spent...

35% on housing$83,211/yr
40% on housing$72,810/yr
45% on housing$64,720/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$337This listing

vs Other Active Listings

Avg $/sqft

ZIP 37660$136
Sullivan County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 37660$151
Sullivan County$155

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-10Price change$369,900
2026-02-03Price change$389,500
2025-11-10Listed for sale$399,900

For Sale by Agent

AgentCory Parsons
BrokerageeXp Realty, LLC

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