5540 Mill Stone Drive - Ooltewah, TN | Mill Run Subdivision
* Seller is offering $2,500 toward the buyer's closing costs, prepaids, or rate buy-down with an acceptable offer! That's money that can help make your move more affordable and put you one step closer to homeownership.
Step into your dream home at the end of a quiet cul-de-sac, tucked beside a peaceful creek in the highly desirable Mill Run subdivision. From the moment you enter the soaring 18' foyer, you'll be welcomed by bright, open spaces, beautiful updates, and a warm, inviting feel that makes this home truly special.
The remodeled kitchen is a chef's delight featuring quartz countertops, new cabinetry, stainless steel appliances, tile flooring, and an extended opening to the dining area--perfect for entertaining and everyday living. Just off the kitchen, the den offers a cozy fireplace and wet bar, creating the perfect space for relaxing evenings or gathering with family and friends.
Upstairs, retreat to the spacious primary suite with a spa-like bath, beautifully renovated with elegant tile, updated cabinetry, and granite countertops. The guest bath and laundry room have also been tastefully updated with new tile, cabinetry, and granite counters, and the main-level powder room has been refreshed as well.
The lower level provides additional versatile living space, currently used as a home gym, and includes a full bath and a separate exterior door with access to the garage and backyard, making it ideal for guests, hobbies, a workout space, or a private office.
Major upgrades include new roof, one new HVAC, new attic insulation, permanent lower-level dehumidifier, updated wireless smoke & CO2 detectors, and a new chimney cap (2023).
Outdoor living is just as impressive with over 1,000 square feet of private deck space overlooking the tranquil backyard. Additional improvements include new front landscaping with drainage improvements and drip irrigation, a remodeled garage with increased size, back d
Laundry: Common Area, Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
Features
Bar, Breakfast Bar, Bookcases, Ceiling Fan(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, His and Hers Closets, High Speed Internet, Kitchen Island, Pantry, Recessed Lighting, Smart Camera(s)/Recording, Storage, Tray Ceiling(s), Wet Bar, Walk-In Closet(s), Separate Shower, En Suite, Sitting Area, Separate Dining Room, Plumbed
Flooring: Carpet, Hardwood, Tile
Windows: Aluminum Frames
Basement: Finished
Number of fireplaces: 1
Fireplace features: Den, Gas Starter, Gas Log
Interior area
Total structure area: 3,200
Total interior livable area: 3,200 sqft
Finished area above ground: 3,200
Property
Parking
Total spaces: 2
Parking features: Garage, Garage Door Opener, Garage Faces Side
Attached garage spaces: 2
Features
Levels: Two
Stories: 2
Patio & porch: Deck
Exterior features: Private Entrance, Rain Gutters
Pool features: None
Spa features: None
Fencing: None
Has view: Yes
View description: Creek/Stream, Ridge
Has water view: Yes
Water view: Creek/Stream
Waterfront features: Creek
Lot
Size: 1.33 Acres
Dimensions: 47.1 x 396.66
Features: Cleared, Cul-De-Sac, Open Lot
Details
Additional structures: None
Parcel number: 122m A 023
Special conditions: Standard
Other equipment: None
Construction
Type & style
Home type: SingleFamily
Architectural style: A-Frame
Property subtype: Single Family Residence
Materials
Brick, Cement Siding
Foundation: Block
Roof: Shingle
Condition
Updated/Remodeled
New construction: No
Year built: 1988
Utilities & green energy
Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Underground Utilities, Water Available, Water Connected
Community & HOA
Community
Features: Clubhouse, Fishing, Gated, Park, Playground, Pool, Street Lights, Tennis Court(s), Pond
Security: Gated Community, Security Gate
Subdivision: Mill Run
HOA
Has HOA: Yes
Amenities included: Basketball Court, Barbecue, Clubhouse, Gated, Meeting Room, Other, Park, Picnic Area, Playground, Parking, Pool, Party Room, Pond Seasonal, Pond Year Round, Tennis Court(s), Trail(s)
Services included: None
HOA fee: $750 annually
Location
Region: Ooltewah
Financial & listing details
Price per square foot: $239/sqft
Tax assessed value: $579,400
Annual tax amount: $2,187
Date on market: 4/8/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Inclusions: please see all updates on the document page
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.