1816 Gray Road, Chattanooga, TN 37421 (MLS# 1380467)

1816 Gray Road, Chattanooga, TN 37421

$1,450,000
Property Type: Land Lot Size (sq. ft.): 623,779 Status: Contingent
Current Price: $1,450,000 List Date: 9/28/2023 Last Modified: 1/14/2026

Description

Prime East Brainerd location-14.32 acres. Development/new construction lots for residential use. 347 ft frontage on Gray Road. 643 frontage on Igou Gap Road. 810 ft of charming Mackey Branch creek frontage. Sewer available. Other benefits (including but not limited to) could be the ability to receive tax credits through a conservation easement program (Contract Land Trust for Tennessee) or obtain Chattanooga grants (that could be awarded) to enhance Urban Forestry. The abundance of wildlife and/or greenery along Mackey Branch creek and within some partial flood land areas is unlimited. so many programs exist that could preserve the wildlife and/or botany preservation which could also come with tax incentives. Location, Location, Location. See tax plat and preliminary drawing with photos. Also, note addition lot for sale on the Legends side of Igou Gap (also with creek frontage)

More Information MLS# 1380467

Contract Information

Auction YN: No Equitable Ownership Interest Listing: No Office Exclusive: No Current Price: $1,450,000 Status: Contingent Listing Contract Date: 2023-09-28 List Price: $1,450,000 Property Sub Type: Unimproved Land

Location, Tax, and Legal

Parcel Number: 159b A 003 Elementary School: East Brainerd Elementary Middle Or Junior School: East Hamilton High School: East Hamilton Tax Annual Amount: 3041.27 Tax Legal Description: LOTS 8&9 MRS JANE GRAYS RESUB OF LO T 3 PB20 PG39 BLK J & I LTS 1-13 & BLK K & 35 FT ROW BLK A JENKINS HOMESTEAD SUB PB Deed Book: 8190 Deed Page: 420 Additional Parcels YN: No Zoning: R-1 Zoning Description: Single-Family Residential District

General Property Information

Lot Size Acres: 14.32 Lot Size Square Feet: 623779.2 Lot Size Dimensions: 951x643 Association YN: No Senior Community YN: No View YN: Yes Waterfront YN: No Flood Zone YN: Partial List Price/Acre: 101256.98

Remarks and Miscellaneous

Public Remarks: Prime East Brainerd location-14.32 acres. Development/new construction lots for residential use. 347 ft frontage on Gray Road. 643 frontage on Igou Gap Road. 810 ft of charming Mackey Branch creek frontage. Sewer available. Other benefits (including but not limited to) could be the ability to receive tax credits through a conservation easement program (Contract Land Trust for Tennessee) or obtain Chattanooga grants (that could be awarded) to enhance Urban Forestry. The abundance of wildlife and/or greenery along Mackey Branch creek and within some partial flood land areas is unlimited. so many programs exist that could preserve the wildlife and/or botany preservation which could also come with tax incentives. Location, Location, Location. See tax plat and preliminary drawing with photos. Also, note addition lot for sale on the Legends side of Igou Gap (also with creek frontage) Directions: East on East Brainerd Rd turn left onto Jenkins Rd left onto Gray Rd. Property on the right.

Status Change Information

Status Change Timestamp: 2024-09-09 Major Change Timestamp: 2024-09-09T17:37:55Z Major Change Type: Status Change Under Contract Date: 2024-08-30

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1

Lot Features

Irregular Lot: 1 Level: 1 Partially Cleared: 1 Sloped: 1 Will Not Divide: 1 Wooded: 1

Other Structures

None: 1

Possession

Close Of Escrow: 1

Possible Use

Single Family: 1

Road Surface Type

Paved: 1

Utilities

Cable Available: 1 Electricity Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1

View

Creek/Stream: 1

License Number Info

Listing Agent’s State of Licensure: TN Listing Agent’s License Number: 228482 Listing Office’s State of Licensure: TN Listing Office’s License Number: 255958

Lock Box Type

None: 1

Historical Information

Public Historical Remarks 1: Owner Pays: Will Not Divide.

Location Tax and Legal

Street Number: 1816 Street Name: Gray Street Suffix: Road County: Hamilton State: TN Postal Code: 37421 Subdivision Name: None

Property Features

Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Irregular Lot; Level; Partially Cleared; Sloped; Will Not Divide; Wooded Other Structures: None Possession: Close Of Escrow Possible Use: Single Family Road Surface Type: Paved Utilities: Cable Available; Electricity Available; Phone Available; Sewer Available; Water Available View: Creek/Stream Lock Box Type: None
Listing Office: The James Company Real Estate Brokers & Development
Last Updated: January - 14 - 2026
Information deemed reliable but not guaranteed.