Nearly an acre in Ooltewah with space, flexibility, and major updates already done... Opportunities like this don't come around often.
Situated on a rare 0.9-acre lot in an established neighborhood, this versatile home is just minutes from Cambridge Square and Southern Adventist University while offering the space and privacy buyers are searching for.
The main level features 3 bedrooms and 2 bathrooms, while the lower level opens the door to endless possibilities with additional bedrooms, a full bath, separate living space, and water hookups already in place- making it ideal for multi-generational living, guest space, a future kitchenette, home office setup, or whatever fits your needs.
Big-ticket updates have already been taken care of, including a newer roof, windows, LVP flooring, granite countertops, and updated appliances.
Whether you're looking for room to grow, space for family, or simply hard-to-find acreage in Ooltewah, this property offers flexibility that's becoming increasingly difficult to find.
Homes with this much land, usable space, and potential in this location don't last long- reach out for the full list of updates and schedule your private showing today!
Sold for $387,000
$387,000
5515 Misty Valley Dr, Ooltewah, TN 37363
4beds
2,200sqft
Single Family Residence
Built in 1994
0.9 Acres Lot
$409,100 Zestimate®
$176/sqft
$2,581 Estimated rent
Home value
$409,100
$389,000 - $430,000
$2,581/mo
Zestimate® history
Owner options
List your home for rent
$2,581/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,581/mo
Rent Zestimate®
Refinance and save
$2,296/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,296/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Hard-to-find acreage in ooltewahNewer roofLvp flooringUpdated appliancesGranite countertops
Zillow last checked:
Listing updated:
Listed by:
Dawn James 423-693-3107,
Zach Taylor - Chattanooga
Bought with:
Dawn James, 358985
Zach Taylor - Chattanooga
Source: Greater Chattanooga Realtors,MLS#: 1526385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: Basement
Primary bathroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
Family room
- Level: Basement
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Disposal, Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Microwave, Refrigerator, Water Heater
- Laundry: In Basement, Laundry Closet, Electric Dryer Hookup, Lower Level, Washer Hookup
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, High Speed Internet, Vaulted Ceiling(s), Walk-In Closet(s), Separate Shower, Tub/shower Combo, En Suite, Breakfast Nook, Separate Dining Room, Whirlpool Tub
- Flooring: Luxury Vinyl, Tile
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Exterior features: Private Yard
- Fencing: Fenced,Gate,Privacy,Wood
Lot
- Size: 0.9 Acres
- Dimensions: 217.20 x 243.08
- Features: Front Yard, Level, Subdivided
Details
- Parcel number: 5515
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Subdivision: Misty Valley
HOA
- Has HOA: No
Location
- Region: Ooltewah
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $295,400
- Annual tax amount: $2,184
- Date on market: 3/15/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Sold | $387,000-6.3%$176/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 7/3/2026 | Contingent | $412,900$188/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 4/30/2026 | Price change | $412,900-1.7%$188/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 4/14/2026 | Price change | $419,900-1.2%$191/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 4/9/2026 | Price change | $424,900-1%$193/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 3/15/2026 | Listed for sale | $429,000$195/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 2/26/2026 | Contingent | $429,000$195/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 2/12/2026 | Price change | $429,000-2.3%$195/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 1/11/2026 | Listed for sale | $439,000+195.6%$200/sqft |
Source: Greater Chattanooga Realtors #1526385 Report a problem | ||
| 2/26/2002 | Sold | $148,500+3.5%$68/sqft |
Source: Public Record Report a problem | ||
| 2/27/2001 | Sold | $143,500$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,918 -12.2% | $73,850 +28.5% |
| 2024 | $2,185 | $57,450 |
| 2023 | $2,185 +4.4% | $57,450 |
| 2022 | $2,093 +62.8% | $57,450 |
| 2021 | $1,285 +8.7% | $57,450 +34.4% |
| 2020 | $1,182 | $42,750 |
| 2019 | $1,182 | $42,750 |
| 2018 | $1,182 -31.7% | $42,750 |
| 2017 | $1,730 +2.3% | $42,750 |
| 2016 | $1,690 | -- |
| 2015 | $1,690 | $40,650 |
| 2014 | $1,690 | -- |
| 2013 | -- | $40,650 -0.7% |
| 2012 | -- | $40,925 |
| 2011 | -- | $40,925 |
| 2010 | -- | $40,925 |
| 2009 | -- | $40,925 +9.1% |
| 2008 | -- | $37,525 |
| 2007 | -- | $37,525 |
| 2006 | -- | $37,525 |
| 2005 | -- | $37,525 +13.7% |
| 2004 | -- | $33,000 |
| 2003 | -- | $33,000 |
| 2002 | -- | $33,000 |
| 2001 | -- | $33,000 +12.4% |
| 2000 | -- | $29,350 |
Find assessor info on the county website
Neighborhood: 37363
Nearby homes
- $370,100-- bd2 ba1.6k sqft5519 Misty Valley Dr, Ooltewah, TN 37363Off Market
- $407,8003 bd2 ba1.7k sqft5507 Misty Valley Dr, Ooltewah, TN 37363Off Market
- $351,100-- bd2 ba1.6k sqft5514 Misty Valley Dr, Ooltewah, TN 37363Off Market
- $408,500-- bd2 ba2.1k sqft8911 Fox Glen Dr, Ooltewah, TN 37363Off Market
- $382,400-- bd2 ba1.7k sqft5518 Misty Valley Dr, Ooltewah, TN 37363Off Market
- $370,100-- bd2 ba1.7k sqft5616 Chestnut Pond Dr, Ooltewah, TN 37363Off Market
- $416,9004 bd3 ba2.3k sqft8909 Fox Glen Dr, Ooltewah, TN 37363Off Market
- $449,9004 bd2 ba2.4k sqft5523 Misty Valley Dr, Ooltewah, TN 37363Off Market
Nearby schools
GreatSchools rating
- 9/10Ooltewah Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 7/10Ooltewah Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Ooltewah High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Ooltewah Elementary
- Middle: Ooltewah Middle
- High: Ooltewah
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$409,100
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
$409,100
- Tennessee
- Hamilton County
- Collegedale
- 37363
- 5515 Misty Valley Dr
Nearby cities
Nearby zip codes
Other Collegedale Topics
