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Sold for $1,900,000
  • $1,900,000

    282 Stephenson Ave, Lookout Mountain, TN 37350

    3beds
    3,998sqft
    Single Family Residence
    Built in 1935
    3.6 Acres Lot
    $2,450,000 Zestimate®
    $475/sqft
    $4,728 Estimated rent

    Home value

    $2,450,000

    $1.98M - $3.06M

    $4,728/mo

    Zestimate® history
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    What's special

    Remarkable carved fireplaceAtop lookout mountainStunning spanish villaFinely crafted wrought ironAuthentic mediterranean architectureThick stucco wallsColorful spanish tiles
    Sitting majestically on 3.6 acres atop Lookout Mountain, Tennessee, this stunning Spanish villa is a true masterpiece of authentic Mediterranean architecture. Inspired by a transformative trip to Spain in the 1930's, Elizabeth and George Scholze, son of Scholze Tannery founder Robert Scholze, wanted to capture the elegance and charm of traditional Spanish living. The result was 282 Stephenson Avenue, one of the most historic and unique homes ever built in the Chattanooga area. Completed in 1935, this winding Spanish castle totally fires the imagination... windows rumored to be from Tiffany, thousands of tiles imported from Spain, fantastical beasts of hand wrought iron (possibly by Samuel Yellin) scrolling and swirling out of doorways and walls. Centering the home is a turret with a winding staircase leading to a round room, full bath and balcony at the top - perfect for a private retreat or home office. At the base is the intricately-carved, massive wooden front door. Inside, you will be stunned by the rounded entry of colorful Spanish tiles, European terrazzo floors, the grand living room with heavy wooden beams, and thick stucco walls. Finely crafted wrought iron graces the stair railings, gates, windows and lanterns throughout. Not to be missed is the remarkable carved fireplace - one of seven - with its ornate marble facing and mantel. Beyond the main house, a lushly-landscaped central courtyard with fountain provides the perfect setting for outdoor entertaining and games. The fun continues in the separate 2,114 square foot ''party house,'' featuring a welcoming fireside patio, entry with fireplace and Spanish-tiled bar, and a huge beamed ballroom where champagne once flowed from the gorgeous tiled fountain! This majestic home was built for FUN, PARTIES and GOOD TIMES with family and friends, and beckons to be restored to its former glory. Though it has changed ownership twice since its completion, it has remained in almost original condition. It is located in Lookout Mountain, Tennessee, a quaint, family-friendly community with a community playground, tennis courts, world-class hiking trails and rock climbing, and the award-winning Lookout Mountain Elementary School.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lizzer Graham 423-645-3574,

    Fletcher Bright Realty

    Bought with:

    Ellen Brooks, 236259

    Fletcher Bright Realty

    Source: Greater Chattanooga Realtors,MLS#: 1503936

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric, Window Unit(s)
    Appliances
    • Included: Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater, Refrigerator, Self Cleaning Oven, Trash Compactor
    • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Bar, Beamed Ceilings, Chandelier, Crown Molding, Entrance Foyer, Eat-in Kitchen, High Ceilings, Pantry, Tile Counters, Walk-In Closet(s), En Suite
    • Flooring: Ceramic Tile, Tile, Terrazzo
    • Has basement: No
    • Number of fireplaces: 7
    • Fireplace features: Bedroom, Living Room, Outside, Other, Primary Bedroom, Wood Burning
    Interior area
    • Total structure area: 3,998
    • Total interior livable area: 3,998 sqft
    • Finished area above ground: 6,112

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Driveway, Garage, Garage Door Opener, Paved, Garage Faces Side
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Balcony, Courtyard, Dog Run, Garden, Private Yard, Uncovered Courtyard
    Lot
    • Size: 3.6 Acres
    • Features: Back Yard, Front Yard, Gentle Sloping, Landscaped, Many Trees, Wooded
    Details
    • Additional structures: Garage(s), Kennel/Dog Run
    • Parcel number: 166n A 005

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Other, Stucco
    • Foundation: Concrete Perimeter, Slab
    • Roof: Spanish Tile,Synthetic
    Condition
    • Fixer
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Playground, Street Lights, Tennis Court(s)
    • Security: Security System
    • Subdivision: H Scholzes Addn
    HOA
    • Has HOA: No
    Location
    • Region: Lookout Mountain

    Financial & listing details

    • Price per square foot: $475/sqft
    • Tax assessed value: $1,854,900
    • Annual tax amount: $16,500
    • Date on market: 12/2/2024
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    12/12/2024Sold$1,900,000-17.4%$475/sqft
    Source: Greater Chattanooga Realtors #1503936 Report a problem
    12/4/2024Pending sale$2,300,000$575/sqft
    Source: Greater Chattanooga Realtors #1503936 Report a problem
    12/2/2024Listed for sale$2,300,000$575/sqft
    Source: Greater Chattanooga Realtors #1503936 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,047 -16.4%$463,725 +23.4%
    2024$8,427 +0.1%$375,875
    2023$8,418 $375,875
    2022$8,418 +0.1%$375,875
    2021$8,409 +12.1%$375,875 +38.5%
    2020$7,505 $271,400
    2019$7,505 $271,400
    2018$7,505 -0.1%$271,400
    2017$7,514 +8.9%$271,400
    2016$6,901 --
    2015$6,901 $249,225
    2014$6,901 -35%--
    2013$10,614 0%$249,225 -0.6%
    2012$10,615 $250,625
    2011$10,615 $250,625
    2010$10,615 $250,625
    2009$10,615 $250,625 +27.3%
    2008-- $196,825
    2007-- $196,825
    2006-- $196,825
    2005-- $196,825 +39.4%
    2004-- $141,175
    2003-- $141,175
    2002-- $141,175
    2001-- $141,175
    Find assessor info on the county website

    Neighborhood: 37350

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lookout Mountain Elementary
    • Middle: Lookout Valley Middle
    • High: Lookout Valley 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
    $2,450,000
    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
    $2,450,000