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

Overview

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 sce ...

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 ...

Listing Details MLS# 1389294

General Property Information

Bedrooms Total
3
Rooms Total
10
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Living Area
3037
Living Area Source
Tax Records
Enhanced Accessible
No
Year Built
1979
New Construction YN
No
Builder's Warranty YN
No
Home Warranty YN
No
Garage YN
Yes
Garage Spaces
Yes
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
Deed Book
394
Deed Page
198
Above Grade Finished Area
0
Below Grade Finished Area
0

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

Contract Information

Listing Contract Date
2024-03-29
Auction YN
No
Property Sub Type
Single Family Residence
Office Exclusive
No

Location Tax and Legal

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

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

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

More Information

Fireplace Features

Fireplaces Total
Yes
Gas Log
Yes
Great Room
Yes

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

Historical Information

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

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

Appliances

Convection Oven
Yes
Dishwasher
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Wall Oven
Yes

Basement

Finished
Yes
Unfinished
Yes

Construction Materials

Fiber Cement
Yes

Exterior Features

Dock - Stationary
Yes
Tennis Court(s)
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Lot Features

Gentle Sloping
Yes
Lake on Lot
Yes
Pond on Lot
Yes
Wooded
Yes
Other
Yes

Other Structures

Guest House
Yes

Possession

Negotiable
Yes

Sewer

Septic Tank
Yes

Utilities

Electricity Available
Yes
Underground Utilities
Yes

View

Mountain(s)
Yes
Water
Yes
Other
Yes

Cooling

Central Air
Yes
Electric
Yes
Multi Units
Yes

Foundation Details

Block
Yes

Parking Features

Basement
Yes
Garage Door Opener
Yes
Garage Faces Rear
Yes
Off Street
Yes

Security Features

Smoke Detector(s)
Yes

Structure Type

Free Standing Building
Yes

Levels

One and One Half
Yes

Patio And Porch Features

Deck
Yes
Patio
Yes
Porch
Yes
Porch - Covered
Yes

Flooring

Carpet
Yes
Hardwood
Yes
Linoleum
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

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

Laundry Features

Electric Dryer Hookup
Yes
Gas Dryer Hookup
Yes
Laundry Room
Yes
Washer Hookup
Yes

Roof

Shingle
Yes

Lock Box Type

None
Yes

Room Information

Room Name Level Remarks
Other Foyer: Level: First
Dining Room First
Great Room First
Bathroom First Bathroom Half
Bathroom First Full Bathroom
Bathroom Second Full Bathroom
Bathroom Basement Full Bathroom
Primary Bedroom First
Laundry First
Bedroom Second
Bedroom Second Bonus
Family Room Basement
Bonus Room Basement
Office Basement

Documents

Listing Office: Keller Williams Realty
Last Updated: September - 17 - 2024
Information deemed reliable but not guaranteed.
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