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For sale
  • $1,600,000

    8761 Grey Reed Dr, Ooltewah, TN 37363

    5beds
    4,221sqft
    : 
    $9,419/mo
    Get pre-qualified
    Single Family Residence
    Built in 2022
    1.05 Acres Lot
    $1,511,500 Zestimate®
    $379/sqft
    $63/mo HOA

    What's special

    Covered rear porchBackyard pergolaDurable metal roofExceptional craftsmanshipTimeless louisiana-inspired architectureDesigner finishesPremium finishes
    Welcome to one of Ooltewah's most distinctive custom homes, where timeless Louisiana-inspired architecture meets modern luxury in an exceptionally private setting. Perfectly positioned on a secluded corner cul-de-sac lot, this thoughtfully designed estate backs to protected marshland along Savannah Bay, providing peaceful water views and unmatched privacy that cannot be developed behind you. Inspired by classic Southern bayou homes, the architecture embraces expansive covered porches, elevated design elements, and authentic materials that create a home as inviting as it is unforgettable. Inside, soaring vaulted ceilings with exposed beams, abundant natural light, designer finishes, and exceptional craftsmanship define every space. Designed with both everyday living and entertaining in mind, the chef's kitchen offers abundant workspace, premium finishes, and an oversized walk-in pantry that will impress even the most discerning cook. The open-concept living area is anchored by a stunning floor-to-ceiling leathered granite fireplace that can be enjoyed as either a gas or traditional wood-burning fireplace, creating a warm focal point throughout the seasons. The luxurious primary suite, along with all of the home's essential living spaces, is conveniently located on the main level with only two steps into the home, offering ease of access without sacrificing architectural character. Every bedroom features its own private en-suite bath, providing comfort and privacy for family and guests alike. A fully equipped guest residence above the detached garage includes its own kitchen, making it ideal for extended family, guests, multi-generational living, or private accommodations. The detached garage was also thoughtfully designed with a lofted bay capable of accommodating a future vehicle lift or larger garage door for RV storage. Outdoor living was carefully planned to embrace the surrounding landscape. The current owners have professionally designed plans for an infinity-e edge pool that would seamlessly connect the covered rear porch to the backyard pergola, creating an extraordinary outdoor retreat overlooking the protected wetlands. One of this property's most unique features is its future water access opportunity. While the protected marshland prevents the property from being classified as waterfront, it enjoys beautiful water views across Savannah Bay. The neighborhood developer is currently pursuing TVA approval for a community boardwalk extending from the cul-de-sac to a shared dock. Upon approval, this property--along with only three neighboring homes--will include the perpetual right to construct and maintain its own private 20-foot boat slip, subject to obtaining any required future TVA permit at the time of construction. This offers a rare opportunity to enjoy both protected natural surroundings and convenient access to the water. Even the details reflect the home's thoughtful design, from the durable metal roof and extensive leathered granite accents to the carefully selected gravel drive, chosen to complement the home's Southern character. Should a purchaser prefer a paved driveway, the seller is willing to consider an allowance with an acceptable offer. This is more than a luxury home--it's a private Southern retreat where timeless architecture, exceptional craftsmanship, and the possibility of future waterfront living come together in one remarkable property.
    13 days
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    1,508
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    86
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joey Winslett 423-774-6401,

    Better Homes and Gardens Real Estate Signature Brokers 423-362-4444,

    Belinda J Winslett 423-356-9584,

    Better Homes and Gardens Real Estate Signature Brokers

    Source: Greater Chattanooga Realtors,MLS#: 1539996

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Gas Range, Built-In Electric Oven, Cooktop, Disposal, Double Oven, Dishwasher, Exhaust Fan, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Gas Water Heater, Instant Hot Water, Microwave, Oven, ENERGY STAR Qualified Water Heater, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater
      • Laundry: Laundry Room, Main Level, Multiple Locations, Other
      Features
      • Beamed Ceilings, Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, His and Hers Closets, Kitchen Island, Natural Woodwork, Open Floorplan, Other, Pantry, Primary Downstairs, Recessed Lighting, Soaking Tub, Storage, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Double Shower, Tub/shower Combo, Sitting Area, Separate Dining Room
      • Flooring: Combination, Hardwood, Tile
      • Windows: ENERGY STAR Qualified Windows, Insulated Windows
      • Basement: Crawl Space,None
      • Has fireplace: Yes
      • Fireplace features: Gas Log, Great Room, Living Room, Wood Burning
      Interior area
      • Total structure area: 4,221
      • Total interior livable area: 4,221 sqft
      • Finished area above ground: 4,221
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Garage, Gravel, RV Access/Parking, Garage Faces Side
      • Garage spaces: 4
      Features
      • Levels: Two
      • Patio & porch: Awning(s), Covered, Deck, Front Porch, Porch, Rear Porch, Porch - Covered
      • Exterior features: Boat Slip, Lighting
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: Bay, Creek/Stream, Lake, Neighborhood, Rural, Trees/Woods, Water
      • Has water view: Yes
      • Water view: Bay,Creek/Stream,Lake,Water
      • Waterfront features: Lake Privileges, River Access
      Lot
      • Size: 1.05 Acres
      • Dimensions: 45738 ft
      • Features: Back Yard, Cleared, Cul-De-Sac, Front Yard, Level, Near Golf Course, Private, Rectangular Lot, Secluded, Subdivided, Views, Wetlands, Wooded
      Details
      • Additional structures: Garage(s), Guest House, Other, Residence, Second Residence
      • Parcel number: 104j G 021
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Other
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Foundation: Block
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2022

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Dock, Lake
      • Subdivision: Savannah Cove
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Boat Slip, Other
      • Services included: Maintenance Structure, Other
      • HOA fee: $63 monthly
      Location
      • Region: Ooltewah

      Financial & listing details

      • Price per square foot: $379/sqft
      • Tax assessed value: $1,179,400
      • Annual tax amount: $4,487
      • Date on market: 8/3/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Everything in home is negotiable
      • Road surface type: Concrete, Paved

        Estimated market value

        $1,511,500

        $1.44M - $1.59M

        $3,713/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$1,600,000+1782.4%$379/sqft
        Source: Greater Chattanooga Realtors #1539996 Report a problem
        9/26/2023Sold$85,000$20/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,487 +7.2%$294,850 +58.2%
        2024$4,187 -1.9%$186,325 -2.1%
        2023$4,268 +838.6%$190,375 +836.7%
        2022$455 $20,325
        2021$455 $20,325
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 37363

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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