$8,300,000
$8,500,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4 Baths
3,037 SqFt
SOLD DATE : 09/16/2024
Key Details
Sold Price $8,300,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,037 sqft
Price per Sqft $2,732
MLS Listing ID 1389294
Sold Date 09/16/24
Bedrooms 3
Full Baths 3
Half Baths 1
Year Built 1979
Lot Size 167.000 Acres
Acres 167.0
Lot Dimensions 167 Acres
Property Sub-Type Single Family Residence
Source Greater Chattanooga REALTORS®
Property Description
Once in a lifetime opportunity to own this stunning acreage property on the Tennessee River within 15 minutes of downtown Chattanooga. Family owned for multiple generations, the property is subject to a conservation easement which will ensure the continued stewardship and preservation of the natural setting, including the various plant and animal life and the beautiful lake and river frontage, while still allowing the use and enjoyment of this amazing property. Located on a controlled waterway, this 167 +/- acre property has a gated entry and currently has a caretaker's house, the ''Lodge'', a log cabin, and the ''River House'' which is perfectly positioned with views of the river gorge. The Conservation Easement will allow up to 7 individual residences, including the 3 existing structures which can be utilized or replaced depending on your needs and vision for the property. The 4 additional home sites are located along the private lake with the river and mountains as an additional scenic backdrop. There is a levy that provides a natural path along the river, and both the levy and the private road along the water provide a wonderful place to walk, bike or run. Lighted tennis courts, a bocce ball court and greenspaces provide additional recreation opportunities. Your tour of the 3 homes begins with the caretaker's house which is the first home on the right. Its location allows for convenient oversight of visitors, the water, the piers/boating and the tennis courts. The ''Lodge'' is just down the road on the left and currently has 2 bedrooms and 3 baths, with the primary bedroom on the main, an open living plan, and fantastic outdoor living spaces including, a screened in porch and tiered deck with views of the water and easy access to the bocce ball court. The next structure you come to on your tour is the ''Caldwell Cabin'' which was moved from Southwest Virginia and rebuilt on the site, providing a bit of history and wonder as it stands the test of time. The final structure you come to is the "River House" which was strategically positioned here to take full advantage of the views. It is also the site of the old Kelly House, as the river below is known as Kelly's Ferry Landing which was the crossing place for both supplies and troops during the Civil War. By far the largest of the three homes, the main level has a foyer, kitchen open to the dining and great room, primary suite, powder room and laundry room. The upper level has a 2nd bedroom, a full hall bath, and a loft area that is currently being used as a 3rd bedroom. The daylight basement offers a large family room, another full bath, 2 bonus rooms, a single garage, and a large unfinished storage area. The home also has a rocking chair covered front porch, covered patio, and open deck area to enjoy this wonderfully peaceful setting. Notably, the homes are on city water. Acreage, privacy, location, and setting - this property simply has it all and truly represents a unique opportunity so please call for more information and to schedule a private showing. Advanced notice and pre-qualification is required. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
Location
State TN
County Marion
Area 167.0
Rooms
Basement Finished, Unfinished
Interior
Interior Features Cathedral Ceiling(s), Double Vanity, Eat-in Kitchen, En Suite, Entrance Foyer, High Ceilings, Open Floorplan, Primary Downstairs, Separate Shower, Tub/shower Combo, Walk-In Closet(s), Whirlpool Tub
Heating Central, Electric
Cooling Central Air, Electric, Multi Units
Flooring Carpet, Hardwood, Linoleum
Fireplaces Number 1
Fireplaces Type Gas Log, Great Room
Fireplace Yes
Appliance Wall Oven, Microwave, Electric Water Heater, Electric Range, Dishwasher, Convection Oven
Heat Source Central, Electric
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Exterior
Exterior Feature Dock - Stationary, Tennis Court(s)
Parking Features Basement, Garage Door Opener, Garage Faces Rear, Off Street
Garage Spaces 1.0
Garage Description Basement, Garage Door Opener, Garage Faces Rear, Off Street
Utilities Available Electricity Available, Underground Utilities
View Mountain(s), Water, Other
Roof Type Shingle
Porch Deck, Patio, Porch, Porch - Covered
Total Parking Spaces 1
Garage Yes
Building
Lot Description Gentle Sloping, Lake On Lot, Pond On Lot, Wooded, Other
Faces From Chattanooga, 24 West towards Nashville, take Cummings Hwy/US-41 N and Exit right. Property is just past Raccoon Mountain Rd on the right - if you get to Kelly's Ferry Church, you have gone too far. Property is gated.
Story One and One Half
Foundation Block
Sewer Septic Tank
Additional Building Guest House
Structure Type Fiber Cement
Schools
Elementary Schools Marion County Elementary
Middle Schools Marion County Middle
High Schools Marion County High
Others
Senior Community No
Tax ID 127 010.00
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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