5808 Club House Drive, Chattanooga, TN 37416
$1,575,000
Property Type:
Land
Lot Size (sq. ft.):
6,416,388
Status:
Closed
Current Price:
$1,575,000
List Date:
8/24/2022
Last Modified:
9/07/2024
Description
Incredible investment & development opportunity offered here is 147 acres of picturesque rolling landscape atop several distinct bluffs overlooking Chickamauga Lake and Harrison Bay within the exclusive residential community of Eagle Bluff Subdivision. The 147 acres are located approx 15 min from downtown Chattanooga, TN MSA. The present land owner utilized this beautiful acreage with its improvements for a golf business that has been shut down. This is a great opportunity to turn this beautiful property into something amazing! Property features an approx 4,878 sq ft clubhouse with equipment setup for full service restaurant & bar, two additional warehouse-storage buildings together totaling approx 10,900 sq ft , a driving range,and an in-ground pool w/ pool house. The 147 acres are centered in a prestigious neighborhood of approx 200+ homes that range from 500k up to 1M+ in price with a mixture of established and new construction single family homes with recent new construction and development going on currently within the community. Continue as a golf course and improve OR subdivide and develop as the possibilities are endless here! Chattanooga, TN MSA is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. Majority of acreage is Zoned Residential ***Caveat Emptor, let the buyer beware!!*** It is the buyer's responsibility to complete all due diligence to verify any/ all buyer pertinent information including but not limited to zoning, surveying of property, soil mapping, utilities, easements, permits, covenants/ restrictions etc.*** **The Licensee has personal interest in this property. The ideas for this property are endless!! Call today!
More Information MLS# 1361383
Contract Information
Auction YN: No
Office Exclusive: No
Current Price: $1,575,000
Status: Closed
Listing Contract Date: 2022-08-24
Sold Price: $1,575,000
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Parcel Number: 102p A 001.01
Elementary School: Harrison Elementary
Middle Or Junior School: Brown Middle
High School: Central High School
Tax Annual Amount: 16915.03
Tax Legal Description: PT SEC 5 TWP 5 R-3
Deed Book: 9592
Deed Page: 232
General Property Information
Lot Size Acres: 147.3
Lot Size Square Feet: 6416388
Lot Size Dimensions: 00
Association YN: No
Senior Community YN: No
View YN: Yes
Waterfront YN: Yes
Flood Zone YN: No
List Price/Acre: 11880.52
Sold Price/Acre: 10692.46
Remarks and Miscellaneous
Public Remarks: Incredible investment & development opportunity offered here is 147 acres of picturesque rolling landscape atop several distinct bluffs overlooking Chickamauga Lake and Harrison Bay within the exclusive residential community of Eagle Bluff Subdivision. The 147 acres are located approx 15 min from downtown Chattanooga, TN MSA. The present land owner utilized this beautiful acreage with its improvements for a golf business that has been shut down. This is a great opportunity to turn this beautiful property into something amazing! Property features an approx 4,878 sq ft clubhouse with equipment setup for full service restaurant & bar, two additional warehouse-storage buildings together totaling approx 10,900 sq ft , a driving range,and an in-ground pool w/ pool house. The 147 acres are centered in a prestigious neighborhood of approx 200+ homes that range from 500k up to 1M+ in price with a mixture of established and new construction single family homes with recent new construction and development going on currently within the community. Continue as a golf course and improve OR subdivide and develop as the possibilities are endless here! Chattanooga, TN MSA is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. Majority of acreage is Zoned Residential ***Caveat Emptor, let the buyer beware!!*** It is the buyer's responsibility to complete all due diligence to verify any/ all buyer pertinent information including but not limited to zoning, surveying of property, soil mapping, utilities, easements, permits, covenants/ restrictions etc.*** **The Licensee has personal interest in this property. The ideas for this property are endless!! Call today!
Directions: TN-153 S and TN-58 N to N Hickory Valley Rd. Continue on N Hickory Valley Rd. Take Vincent Rd and River Run Dr, right on Clubhouse Dr.
Status Change Information
Status Change Timestamp: 2024-04-03
Major Change Timestamp: 2024-04-03T15:37:19Z
Major Change Type: Status Change
Under Contract Date: 2024-03-05
Close Date: 2024-03-29
Close Price: 1575000
Current Use
Residential: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Irregular Lot: 1
Partially Cleared: 1
Split Possible: 1
Will Not Divide: 1
Wooded: 1
Other Structures
Storage: 1
Workshop: 1
Possession
Close Of Escrow: 1
Possible Use
Single Family: 1
Road Frontage Type
County Road: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Investor: 1
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Water Available: 1
View
Water: 1
Other: 1
License Number Info
Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 328449
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 258777
Lock Box Type
None: 1
Historical Information
Public Historical Remarks 1: Owner Pays: Will Not Divide.
Location Tax and Legal
Street Number: 5808
Street Name: Club House
Street Suffix: Drive
County: Hamilton
State: TN
Postal Code: 37416
Subdivision Name: None
Property Features
Current Use: Residential
Listing Terms: Cash; Conventional
Lot Features: Irregular Lot; Partially Cleared; Split Possible; Will Not Divide; Wooded
Other Structures: Storage; Workshop
Possession: Close Of Escrow
Possible Use: Single Family
Road Frontage Type: County Road
Road Surface Type: Paved
Special Listing Conditions: Investor
Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Water Available
View: Water; Other
Lock Box Type: None
Listing Office:
RE/MAX Renaissance Realtors
Last Updated: September - 07 - 2024
Information deemed reliable but not guaranteed.