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Sold for $8,300,000
  • $8,300,000

    22573 Highway 41, Chattanooga, TN 37419

    3beds
    3,037sqft
    Single Family Residence
    Built in 1979
    167 Acres Lot
    $3,410,000 Zestimate®
    $2,733/sqft
    $3,537 Estimated rent

    Home value

    $3,410,000

    $2.56M - $4.57M

    $3,537/mo

    Zestimate® history
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    What's special

    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 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 has a foyer, kitchen open to the dining and great room, primary suite, powder room and laundry room. The upper level has a 2nd bedroom, a full hall bath, and a loft area that is currently being used as a 3rd bedroom. The daylight basement offers a large family room, another full bath, 2 bonus rooms, a single garage, and a large unfinished storage area. The home also has a rocking chair covered front porch, covered patio, and open deck area to enjoy this wonderfully peaceful setting. Notably, the homes are on city water. Acreage, privacy, location, and setting - this property simply has it all and truly represents a unique opportunity so please call for more information and to schedule a private showing. Advanced notice and pre-qualification is required. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jay Robinson 423-903-6404,

    Keller Williams Realty

    Bought with:

    Jay Robinson, 255994

    Keller Williams Realty

    Source: Greater Chattanooga Realtors,MLS#: 1389294

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom
    • Level: Second
    Bedroom
    • Description: Bonus
    • Level: Second
    Bathroom
    • Description: Bathroom Half
    • Level: First
    Bathroom
    • Description: Full Bathroom
    • Level: First
    Bathroom
    • Description: Full Bathroom
    • Level: Second
    Bathroom
    • Description: Full Bathroom
    • Level: Basement
    Bonus room
    • Level: Basement
    Dining room
    • Level: First
    Family room
    • Level: Basement
    Great room
    • Level: First
    Laundry
    • Level: First
    Office
    • Level: Basement
    Other
    • Description: Foyer: Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric, Multi Units
    Appliances
    • Included: Convection Oven, Dishwasher, Electric Range, Electric Water Heater, Microwave, Wall Oven
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Downstairs, Walk-In Closet(s), Separate Shower, Tub/shower Combo, En Suite, Whirlpool Tub
    • Flooring: Carpet, Hardwood, Linoleum
    • Basement: Finished,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Great Room
    Interior area
    • Total structure area: 3,037
    • Total interior livable area: 3,037 sqft
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Garage Door Opener, Off Street, Garage Faces Rear
    • Garage spaces: 1
    Features
    • Levels: One and One Half
    • Patio & porch: Deck, Patio, Porch, Porch - Covered
    • Exterior features: Tennis Court(s), Dock - Stationary
    • Has view: Yes
    • View description: Mountain(s), Other, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 167 Acres
    • Dimensions: 167 Acres
    • Features: Gentle Sloping, Lake on Lot, Other, Pond on Lot, Wooded
    Details
    • Additional structures: Guest House
    • Parcel number: 127 010.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Electricity Available, Underground Utilities

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $2,733/sqft
    • Tax assessed value: $1,070,300
    • Annual tax amount: $4,710
    • Date on market: 9/11/2024
    • Listing terms: Cash,Conventional,Owner May Carry

    Price history

    DateEventPrice
    9/16/2024Sold$8,300,000-2.4%$2,733/sqft
    Source: Greater Chattanooga Realtors #1389294 Report a problem
    9/12/2024Pending sale$8,500,000$2,799/sqft
    Source: Greater Chattanooga Realtors #1389294 Report a problem
    9/11/2024Listed for sale$8,500,000-29.2%$2,799/sqft
    Source: Greater Chattanooga Realtors #1389294 Report a problem
    6/13/2024Contingent$12,000,000$3,951/sqft
    Source: Greater Chattanooga Realtors #1389294 Report a problem
    3/29/2024Listed for sale$12,000,000$3,951/sqft
    Source: Greater Chattanooga Realtors #1389294 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,710 $267,575
    2024$4,710 $267,575
    2023$4,710 $267,575
    2022$4,710 $267,575
    2021-- $267,575 -32%
    2020$8,533 $393,500
    2019$8,533 $393,500
    2018$8,533 +0%$393,500
    2017$8,533 $393,500
    2016$8,533 -0.7%$393,500
    2015$8,595 $393,500 -0.7%
    2014$8,595 0%$396,334 0%
    2013$8,598 -0.1%$396,484
    2012$8,604 +0.1%$396,484
    2011$8,598 $396,484
    2010-- $396,484
    2009-- $396,484 +33.4%
    2008$5,500 $297,305
    2007$5,500 -20.2%$297,305 -10.2%
    2006$6,890 $331,247
    2004$6,890 +8.3%$331,247 +18.1%
    2002$6,365 $280,389
    2001-- $280,389 -66.5%
    2000-- $837,740
    Find assessor info on the county website

    Neighborhood: 37419

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Marion County Elementary
    • Middle: Marion County Middle
    • High: Marion County High

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,410,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,410,000