46+- Acres, family compound property, Tennessee water, fields, woods, hills, trails, brick ranch home and room to build! Red barn in field conveys wth field below home.
South Chickamauga Creek Greenway from Camp Jordan to Tennessee River Park all the way downtown and on to St. Elmo adjoins.
South Chickamauga Creek, paddle your kayak to the Tennessee River. Fishing, from bank, and rocks adjacent.
Brick ranch built in 1957, two car attached garage sits top of a hill.
5.3 miles from Tennessee Aquarium and take an e-bike ride downtown along the River Walk from the Greenway.
Close to the airport but not under a glide path of runway. Quiet peaceful living but less than 10 minutes downtown multiple directions.
Path of progress property - time to bank it!
Warehouses down the street, residential also. Caine Lane is quiet road just off Shallowford and minutes to Highway 153. Find the quiet area you never knew existed.
Property is zoned currently residential. Sited just inside a HUD-mapped area that may support multifamily tax-credit underwriting--buyer to confirm current Qualified Census Tract (QCT) and/or Difficult Development Area (DDA) status for a possible §42 30% eligible-basis boost, plus fit with THDA Housing Credit / multifamily tax-exempt bonds and the City of Chattanooga Affordable Housing PILOT (HEB; 10+ rental units; 15-year abatement tied to 50-80% AMI set-asides). Zoning, density, utilities, and program eligibility are not warranted--verify with HUD, THDA, and the City before relying on any incentive.
Ranch house has tenants, please do not drive down Graceland Trail without an appointment. Private Drive. Tenants have right to quiet enjoyment. Schedule appointment. Qualified buyers only please Realtors.
For sale
$4,500,000
3926 Graceland Trl, Chattanooga, TN 37421
3beds
1,745sqft
Single Family Residence
Built in 1957
46.5 Acres Lot
$-- Zestimate®
$2,579/sqft
$-- HOA
What's special
Brick ranch homeTwo car attached garageFields woods hills trails
- 23 days
- 935
- 27
Zillow last checked:
Listing updated:
Listed by:
Brian Kelly 423-818-9959,
Real Broker 423-665-7777
Source: Greater Chattanooga Realtors,MLS#: 1542022
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Free-Standing Electric Oven
- Laundry: Inside, See Remarks
Features
- See Remarks
- Flooring: See Remarks
- Windows: See Remarks
- Basement: Other
- Has fireplace: Yes
- Fireplace features: See Remarks
Interior area
- Total structure area: 1,745
- Total interior livable area: 1,745 sqft
- Finished area above ground: 1,745
Property
Parking
- Total spaces: 2
- Parking features: Garage, Gravel, Off Street, Garage Faces Front
- Attached garage spaces: 2
Features
- Levels: One
- Patio & porch: Other
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Creek/Stream, Forest, Hills, Meadow, Mountain(s), Pasture, Water
- Has water view: Yes
- Water view: Creek/Stream,Water
- Waterfront features: Stream
Lot
- Size: 46.5 Acres
- Features: Flag Lot, Other
Details
- Additional structures: Barn(s)
- Additional parcels included: 137K A 002, 137K A 017, part of 137K A 003
- Parcel number: 137k A 002.02
- Special conditions: Investor
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Block
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: See Remarks, Well
- Utilities for property: Electricity Available, Electricity Connected, Other, Sewer Available, Water Available
Community & HOA
Community
- Security: See Remarks
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $2,579/sqft
- Tax assessed value: $231,300
- Annual tax amount: $8,789
- Date on market: 9/2/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $4,500,000+13135.3%$2,579/sqft |
Source: Greater Chattanooga Realtors #1542022 Report a problem | ||
| 6/4/2001 | Sold | $34,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $876 +25.6% | $57,825 +85.3% |
| 2024 | $698 | $31,200 |
| 2023 | $698 | $31,200 |
| 2022 | $698 | $31,200 |
| 2021 | $698 -1.3% | $31,200 +22% |
| 2020 | $707 | $25,575 |
| 2019 | $707 | $25,575 |
| 2018 | $707 -45.2% | $25,575 |
| 2017 | $1,290 -6% | $25,575 |
| 2016 | $1,373 | -- |
| 2015 | $1,373 | $27,050 |
| 2014 | $1,373 +58.7% | -- |
| 2013 | $865 | $27,050 -13.5% |
| 2012 | $865 | $31,275 |
| 2011 | $865 | $31,275 |
| 2010 | $865 | $31,275 |
| 2009 | $865 | $31,275 +11.9% |
| 2008 | -- | $27,950 |
| 2007 | -- | $27,950 |
| 2006 | -- | $27,950 |
| 2005 | -- | $27,950 +29.4% |
| 2004 | -- | $21,600 |
| 2003 | -- | $21,600 |
| 2002 | -- | $21,600 |
| 2001 | -- | $21,600 +34.6% |
| 2000 | -- | $16,050 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37421
Nearby schools
Schools provided by the listing agent
- Elementary: Harrison Elementary
- Middle: Dalewood Middle
- High: Brainerd 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.
