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
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
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
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 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
Convection Oven: 1
Dishwasher: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Wall Oven: 1
Finished: 1
Unfinished: 1
Dock - Stationary: 1
Tennis Court(s): 1
Cash: 1
Conventional: 1
Owner May Carry: 1
Gentle Sloping: 1
Lake on Lot: 1
Pond on Lot: 1
Wooded: 1
Other: 1
Electricity Available: 1
Underground Utilities: 1
Mountain(s): 1
Water: 1
Other: 1
Central Air: 1
Electric: 1
Multi Units: 1
Basement: 1
Garage Door Opener: 1
Garage Faces Rear: 1
Off Street: 1
Free Standing Building: 1
Deck: 1
Patio: 1
Porch: 1
Porch - Covered: 1
Fireplaces Total: 1
Gas Log: 1
Great Room: 1
Carpet: 1
Hardwood: 1
Linoleum: 1
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
Electric Dryer Hookup: 1
Gas Dryer Hookup: 1
Laundry Room: 1
Washer Hookup: 1
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
Public Historical Remarks 1: Exterior Features: Bocce ball court, Draw bridges, original cabin. Interior: Island Work/Center.
Street Number: 22573
Street Name: Highway 41
County: Marion
State: TN
Postal Code: 37419
Subdivision Name: None
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