5808 Club House Drive, Chattanooga, TN 37416 (MLS# 1361383)

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.