$8,300,000
$8,500,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4 Baths
3,037 SqFt
SOLD DATE : 09/16/2024
Key Details
Sold Price $8,300,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,037 sqft
Price per Sqft $2,732
MLS Listing ID 2704670
Sold Date 09/16/24
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1979
Annual Tax Amount $4,710
Lot Size 167.000 Acres
Acres 167.0
Lot Dimensions 167 Acres
Property Sub-Type Single Family Residence
Property 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 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.
Location
State TN
County Marion County
Rooms
Main Level Bedrooms 1
Interior
Interior Features Entry Foyer, High Ceilings, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Finished Wood, Other
Fireplaces Number 1
Fireplace Y
Appliance Microwave, Dishwasher
Exterior
Exterior Feature Dock, Tennis Court(s), Carriage/Guest House, Garage Door Opener
Garage Spaces 1.0
Utilities Available Electricity Available
View Y/N true
View Water, Mountain(s)
Roof Type Other
Private Pool false
Building
Lot Description Other, Wooded
Story 1.5
Sewer Septic Tank
Structure Type Fiber Cement
New Construction false
Schools
High Schools Marion Co High School
Others
Senior Community false
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