Fix & Flip Goldmine in Morristown - 1216 Ridgecrest St Calling all investors, renovators, and visionaries—this is the opportunity you've been waiting for. Located in a desirable area of Morristown, 1216 Ridgecrest Street offers the rare combination of size, structure, lot quality, and location that defines a true high-potential investment. With over 5,000 square feet, 4bd/4ba, a full finished basement, and a two-story layout, this substantial brick home is packed with upside and primed for transformation. This property is loaded with ''meat on the bones. '' The scale alone supports a strong after-repair value, while the layout allows for modern reconfiguration to meet today's buyer demand. Large rooms, abundant natural light, and multiple living and entertaining areas create the perfect foundation for a high-end renovation or luxury reposition. Architectural features include exposed brick, wood-paneled walls, beamed ceilings, and hardwood flooring—elements that can be restored or reimagined to create standout character and premium appeal. The finished basement adds even more usable square footage for additional living space, guest quarters, recreation rooms, or home office potential. Outside, the property truly shines. Situated on an oversized, flat corner lot, the grounds are enhanced by mature magnolias, hollies, crape myrtles, and other established specimen trees, offering curb appeal and privacy that new construction simply can't replicate. An in-ground vinyl liner pool and glass-enclosed patio provide excellent resale features and outdoor living potential that today's buyers actively seek. The two-car garage adds everyday convenience and further marketability. Offered as-is, this home is ideal for investors ready to capitalize on a major value-add project. Whether your strategy is a full cosmetic renovation, luxury flip, or long-term hold, the fundamentals are here: location, size, lot quality, and strong structural bones. Opportunities of this caliber in Morristown don't come around often. Bring your contractor, run your numbers, and envision the masterpiece this property can become. With the right renovation, 1216 Ridgecrest Street has the potential to be one of the area's standout homes—and a highly profitable investment.
Single-familyProperty Type
1947Year Built
0.85 acresLot Size
$83Est. Price/Sq.Ft.
2 car garageParking
Listed by Robert Tucker Realtor Tucker• Weichert, REALTORS - Tiger Real Estate
Listed by Hayla Thorpe Simerly• Weichert, REALTORS - Tiger Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
5
Stories
2
Lot width
133 ft.
Lot depth
270 ft.
Lot size
1 Acre
Year renovated
1990
Sq. Ft.
5,134
Year built
1947
Style
Single Family Residential
County
Hamblen County
APN
033N C 00100 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 20, 2026.
R2
Medium Density Residential District
This is a residential district to provide for medium population density. The principal uses of land may range from single-family to medium density multi-family apartment uses. Certain uses which are more compatible functionally with intensive residential uses than with commercial uses are permitted. The recreational, religious, educational facilities, and other related uses in keeping with the residential character of the district may be permitted on Review by the Board of Zoning Appeals.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached, Garage
Interior
Bedroom Information
Main Level Bedrooms: 3
Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 1
# of Main Level Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Interior Features
Interior Features: Double Vanity, Kitchen Island
Window Features: Skylight(s)
Appliances: Electric Cooktop, Electric Oven, Electric Range, Refrigerator
Flooring: Hardwood, Tile
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Den, Family Room, Wood Burning