22573 Highway 41, Chattanooga, TN 37419 (MLS# 1389294)

22573 Highway 41, Chattanooga, TN 37419

$8,300,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,037 Lot Size (sq. ft.): 7,274,520 Status: Closed
Current Price: $8,300,000 List Date: 9/11/2024 Last Modified: 9/17/2024

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

Supplements: 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.

More Information MLS# 1389294

Contract Information

Auction YN: No Office Exclusive: No Current Price: $8,300,000 Status: Closed Listing Contract Date: 2024-03-29 Sold Price: $8,300,000 Property Sub Type: Single Family Residence

Location, Tax, and Legal

Parcel Number: 127 010.00 Elementary School: Marion County Elementary Middle Or Junior School: Marion County Middle High School: Marion County High Tax Annual Amount: 4710.12 Tax Legal Description: CONSERVATION EASEMENT 350-32 12/04 (Marion County Parcel ID# 127 010.00) Additional Parcels YN: No

General Property Information

Deed Book: 394 Deed Page: 198 Rooms Total: 10 Bathrooms Half: 1 Above Grade Finished Area: 0 Below Grade Finished Area: 0 Living Area: 3037 Living Area Source: Tax Records Enhanced Accessible: No New Construction YN: No Home Warranty YN: No Builder's Warranty YN: No Garage YN: Yes Garage Spaces: 1 Carport YN: No Lot Size Acres: 167 Lot Size Square Feet: 7274520 Lot Size Dimensions: 167 Acres Association YN: No View YN: Yes Waterfront YN: Yes Basement YN: Yes Fireplace YN: Yes Senior Community YN: No List Price/SqFt: 2798.81 Sold Price/SqFt: 2732.96 Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 Year Built: 1979

Remarks and Miscellaneous

Public Remarks: 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 Directions: 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.

Status Change Information

Status Change Timestamp: 2024-09-16 Appraisal Waiver YN: Unknown Major Change Timestamp: 2024-09-17T01:09:11Z Major Change Type: Status Change Price Change Timestamp: 2024-09-11T19:19:06Z Under Contract Date: 2024-09-12 Close Date: 2024-09-16 Close Price: 8300000

Appliances

Convection Oven: 1 Dishwasher: 1 Electric Range: 1 Electric Water Heater: 1 Microwave: 1 Wall Oven: 1

Basement

Finished: 1 Unfinished: 1

Construction Materials

Fiber Cement: 1

Exterior Features

Dock - Stationary: 1 Tennis Court(s): 1

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1

Lot Features

Gentle Sloping: 1 Lake on Lot: 1 Pond on Lot: 1 Wooded: 1 Other: 1

Other Structures

Guest House: 1

Possession

Negotiable: 1

Sewer

Septic Tank: 1

Utilities

Electricity Available: 1 Underground Utilities: 1

View

Mountain(s): 1 Water: 1 Other: 1

Cooling

Central Air: 1 Electric: 1 Multi Units: 1

Foundation Details

Block: 1

Parking Features

Basement: 1 Garage Door Opener: 1 Garage Faces Rear: 1 Off Street: 1

Security Features

Smoke Detector(s): 1

Structure Type

Free Standing Building: 1

Levels

One and One Half: 1

Patio And Porch Features

Deck: 1 Patio: 1 Porch: 1 Porch - Covered: 1

Fireplace Features

Fireplaces Total: 1 Gas Log: 1 Great Room: 1

Flooring

Carpet: 1 Hardwood: 1 Linoleum: 1

Heating

Central: 1 Electric: 1

Interior Features

Cathedral Ceiling(s): 1 Double Vanity: 1 Eat-in Kitchen: 1 En Suite: 1 Entrance Foyer: 1 High Ceilings: 1 Open Floorplan: 1 Primary Downstairs: 1 Separate Shower: 1 Tub/shower Combo: 1 Walk-In Closet(s): 1 Whirlpool Tub: 1

Laundry Features

Electric Dryer Hookup: 1 Gas Dryer Hookup: 1 Laundry Room: 1 Washer Hookup: 1

Roof

Shingle: 1

License Number Info

Listing Agent’s State of Licensure: TN Listing Agent’s License Number: 255994 Listing Office’s State of Licensure: TN Listing Office’s License Number: 259794

Lock Box Type

None: 1

Historical Information

Public Historical Remarks 1: Exterior Features: Bocce ball court, Draw bridges, original cabin. Interior: Island Work/Center.

Location Tax and Legal

Street Number: 22573 Street Name: Highway 41 County: Marion State: TN Postal Code: 37419 Subdivision Name: None

Property Features

Appliances: Convection Oven; Dishwasher; Electric Range; Electric Water Heater; Microwave; Wall Oven Basement: Finished; Unfinished Construction Materials: Fiber Cement Cooling: Central Air; Electric; Multi Units Exterior Features: Dock - Stationary; Tennis Court(s) Fireplace Features: Gas Log; Great Room Flooring: Carpet; Hardwood; Linoleum Foundation Details: Block Heating: Central; Electric 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 Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Laundry Room; Washer Hookup Levels: One and One Half Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Gentle Sloping; Lake on Lot; Pond on Lot; Wooded; Other Other Structures: Guest House Parking Features: Garage Door Opener; Garage Faces Rear; Off Street Patio And Porch Features: Deck; Patio; Porch; Porch - Covered Possession: Negotiable Roof: Shingle Security Features: Smoke Detector(s) Sewer: Septic Tank Structure Type: Free Standing Building Utilities: Electricity Available; Underground Utilities View: Mountain(s); Water; Other Lock Box Type: None

Room Information

Other Remarks: Foyer: Level: First Dining Room Level: First Great Room Level: First Bathroom Level: First Remarks: Bathroom Half Bathroom Level: First Remarks: Full Bathroom Bathroom Level: Second Remarks: Full Bathroom Bathroom Level: Basement Remarks: Full Bathroom Primary Bedroom Level: First Laundry Level: First Bedroom Level: Second Bedroom Level: Second Remarks: Bonus Family Room Level: Basement Bonus Room Level: Basement Office Level: Basement
Listing Office: Keller Williams Realty
Last Updated: September - 17 - 2024
Information deemed reliable but not guaranteed.