3926 Graceland Trail, Chattanooga, TN 37421
$4,500,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,745
Lot Size (sq. ft.):
2,025,540
Status:
Active
Current Price:
$4,500,000
List Date:
9/02/2026
Last Modified:
9/09/2026
Listing Details MLS# 1542022
General Property Information
- Bedrooms Total
- 3
- Bathrooms Total
- 3
- Bathrooms Full
- 2
- Bathrooms Half
- Yes
- Above Grade Finished Area
- 1745
- Above Grade Finished Area Source
- Tax Records
- Living Area
- 1745
- Living Area Source
- Tax Records
- Enhanced Accessible
- No
- Year Built
- 1957
- ADU YN
- No
- STVR YN
- No
- New Construction YN
- No
- Builder's Warranty YN
- No
- Home Warranty YN
- No
- Garage YN
- Yes
- Attached Garage YN
- Yes
- Garage Spaces
- 2
- Carport YN
- No
- Lot Size Acres
- 46.5
- Lot Size Square Feet
- 2025540
- Lot Size Dimensions
- IRR
- Association YN
- No
- View YN
- Yes
- Waterfront YN
- Yes
- Basement YN
- Yes
- Fireplace YN
- Yes
- Spa YN
- No
- Senior Community YN
- No
- Green Features YN
- No
- Sign On Property YN
- No
- List Price/SqFt
- 2578.8
Property Features
Appliances:
Free-Standing Electric Oven
Attic Features:
Other
Basement:
Other
Construction Materials:
Brick
Cooling:
Central Air
Exterior Features:
None
Fencing:
None
Fireplace Features:
See Remarks
Flooring:
See Remarks
Foundation Details:
Block
Heating:
Electric
Interior Features:
See Remarks
Laundry Features:
Inside; See Remarks
Levels:
One
Listing Terms:
Cash; Conventional
Lot Features:
Flag Lot; Other
Other Equipment:
Other
Other Structures:
Barn(s)
Parking Features:
Garage; Garage Faces Front; Gravel; Off Street
Patio And Porch Features:
Other
Pool Features:
None
Possession:
Close Of Escrow
Property Condition:
Fixer
Road Frontage Type:
City Street; Private Road
Road Responsibility:
Private Maintained Road
Road Surface Type:
Asphalt
Roof:
Asphalt
Security Features:
See Remarks
Sewer:
Septic Tank
Spa Features:
None
Special Listing Conditions:
Investor
Structure Type:
Free Standing Building; House
Utilities:
Electricity Available; Electricity Connected; Sewer Available; Water Available; Other
View:
Creek/Stream; Forest; Hills; Meadow; Mountain(s); Pasture; Water
Water Source:
Well; See Remarks
Waterfront Features:
Stream
Window Features:
See Remarks
Documents:
Lead Based Paint Disclosure; Lead Based Paint Pamphlet; TN Prop Cond Disc or Exempt
Contract Information
- Listing Contract Date
- 2026-08-29
- Auction YN
- No
- Equitable Ownership Interest Listing
- No
- Property Sub Type
- Single Family Residence
- Office Exclusive
- No
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 3926
- Street Name
- Graceland
- Street Suffix
- Trail
- County
- Hamilton
- State
- TN
- Postal Code
- 37421
- Subdivision Name
- None
- MLS Area Major
- Chattanooga
Remarks and Miscellaneous
- Public Remarks
- 46+- Acres, family compound property, Tennessee water, fields, woods, hills, trails, brick ranch home and room to build! Red barn in field conveys wth field below home. South Chickamauga Creek Greenway from Camp Jordan to Tennessee River Park all the way downtown and on to St. Elmo adjoins. South Chickamauga Creek, paddle your kayak to the Tennessee River. Fishing, from bank, and rocks adjacent. Brick ranch built in 1957, two car attached garage sits top of a hill. 5.3 miles from Tennessee Aquarium and take an e-bike ride downtown along the River Walk from the Greenway. Close to the airport but not under a glide path of runway. Quiet peaceful living but less than 10 minutes downtown multiple directions. Path of progress property - time to bank it! Warehouses down the street, residential also. Caine Lane is quiet road just off Shallowford and minutes to Highway 153. Find the quiet area you never knew existed. Property is zoned currently residential. Sited just inside a HUD-mapped area that may support multifamily tax-credit underwriting--buyer to confirm current Qualified Census Tract (QCT) and/or Difficult Development Area (DDA) status for a possible §42 30% eligible-basis boost, plus fit with THDA Housing Credit / multifamily tax-exempt bonds and the City of Chattanooga Affordable Housing PILOT (HEB; 10+ rental units; 15-year abatement tied to 50-80% AMI set-asides). Zoning, density, utilities, and program eligibility are not warranted--verify with HUD, THDA, and the City before relying on any incentive. Ranch house has tenants, please do not drive down Graceland Trail without an appointment. Private Drive. Tenants have right to quiet enjoyment. Schedule appointment. Qualified buyers only please Realtors.
- Directions
- 153 South (dam / Hixson toward I-75) Exit 2 - Shallowford Road Right on Shallowford (toward the airport) At the light, a left will put you onto Airport Road, turn Right onto Caine Lane. Graceland Trail will be on your left just past 4017 Caine Lane, the sellers personal home NOT for sale.
Status Change Information
- Major Change Timestamp
- 2026-09-02T20:47:49Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-09-02
More Information
License Number Info
- Listing Agent’s State of Licensure
- TN
- Listing Agent’s License Number
- 258290
- Listing Office’s State of Licensure
- TN
- Listing Office’s License Number
- 261702
Lead Based Paint Disclosure ›
Listing Office:
Real Broker
Last Updated: September - 09 - 2026
Information deemed reliable but not guaranteed.