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For sale by owner
  • $520,000

    9938 Penneywood Ln, Ooltewah, TN 37363

    3beds
    2,624sqft
    : 
    $3,211/mo
    Get pre-qualified
    SingleFamily
    Built in 1979
    1.22 Acres Lot
    $519,100 Zestimate®
    $198/sqft
    $-- HOA

    Overview

    Welcome to 9938 Penneywood Lane, a charming retreat where the beauty of nature meets relaxed country living. Set among mature maple trees and thoughtfully landscaped gardens, this property offers a peaceful setting with an abundance of flowering plants, fruit trees, and outdoor spaces to enjoy. The grounds are a gardeners delight, featuring productive fig, peach, and pear trees alongside beautiful lilies and iris. A Japanese snowball tree, magnolia, hydrangeas, dogwood, and crape myrtle add seasonal color and character throughout the property. The mature landscaping creates a private, established feel that is difficult to replicate. For those who appreciate a little country charm, the property also offers space for ponies, adding a special touch to this unique setting. A welcoming porch provides the perfect spot for morning coffee, relaxing afternoons, or enjoying the surrounding gardens. The fenced pool creates a wonderful private outdoor oasis for summer gatherings, entertaining, or simply cooling off on warm Tennessee days. With its combination of mature trees, flowering gardens, fruit trees, equestrian charm, inviting porch, and fenced pool, 9938 Penneywood Lane offers far more than a home it offers a lifestyle.
    What the owner loves about this home
    ?? Lots of land and privacy — the 1.22-acre setting gives you considerably more breathing room than a typical subdivision lot. ?? In-ground pool — a major feature for summer entertaining and relaxing. ?? Beautiful landscaping — the property was described as having a lavishly landscaped lawn. ?? Outdoor living — there's a screened porch and deck, giving you multiple places to enjoy the outdoors. ?? Separate living space downstairs — you the best of both worlds— you're asking the basement includes a kitchen, living room, bedroom and full bath, which could work beautifully for guests, extended family, or a private suite. ?? Huge garage/workshop potential — the tandem two-car garage is large enough for four cars or for combining vehicles with a substantial workshop. ?? Convenient Ooltewah location while still offering a private, spacious-property feel. R Realty.com The biggest standout to me: it sounds like a home that gives you the best of both worlds—a comfortable house plus a private backyard retreat with a pool, screened porch, landscaping, and plenty of space for family and entertaining.
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    Listed by:

    Property Owner (407) 451-3703

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Other, Electric
      Cooling
      • Central
      Features
      • Basement: Basement (not specified)
      Interior area
      • Total interior livable area: 2,624 sqft

      Property

      Parking
      • Total spaces: 2
      Features
      • Exterior features: Brick
      Lot
      • Size: 1.22 Acres
      Details
      • Parcel number: 141CA023

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Roof: Shake / Shingle
      Condition
      • New construction: No
      • Year built: 1979

      Community & HOA

      Location
      • Region: Ooltewah

      Financial & listing details

      • Price per square foot: $198/sqft
      • Tax assessed value: $564,000
      • Annual tax amount: $3,653
      • Date on market: 8/22/2026

        Estimated market value

        $519,100

        $483,000 - $561,000

        $2,774/mo

        Price history

        DateEventPrice
        8/22/2026Listed for sale$520,000+23.8%$198/sqft
        Source: Owner Report a problem
        9/7/2022Sold$420,000-0.9%$160/sqft
        Source: Greater Chattanooga Realtors #1359647 Report a problem
        8/2/2022Contingent$424,000$162/sqft
        Source: Greater Chattanooga Realtors #1359647 Report a problem
        7/25/2022Listed for sale$424,000+157%$162/sqft
        Source: Greater Chattanooga Realtors #1359647 Report a problem
        12/17/1996Sold$165,000$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,653 +27.5%$141,000 +86.9%
        2024$2,866 $75,425
        2023$2,866 +4.4%$75,425
        2022$2,745 +62.6%$75,425
        2021$1,687 -5.7%$75,425 +16.5%
        2020$1,790 $64,725
        2019$1,790 $64,725
        2018$1,790 -31.5%$64,725
        2017$2,614 +14.3%$64,725
        2016$2,287 --
        2015$2,287 $55,075
        2014$2,287 --
        2013-- $55,075 -1.7%
        2012-- $56,050
        2011-- $56,050
        2010-- $56,050
        2009-- $56,050 +10.3%
        2008-- $50,825
        2007-- $50,825
        2006-- $50,825
        2005-- $50,825 +18.6%
        2004-- $42,850
        2003-- $42,850
        2002-- $42,850
        2001-- $42,850 +6.8%
        2000-- $40,125
        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

        3 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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