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3926 Graceland Trail, Chattanooga, TN 37421

Hamilton County · Single Family Residence
$4,500,000
Bedrooms
3
Bathrooms
2 full, 1 half
Living area
1,745 sqft
Acreage
46.5 acres
Year built
1957
Property type
Single Family Residence
County
Hamilton
MLS number
1542022

About this property

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.

Property details4 groups

Utilities

Water
See Remarks, Well
Sewer
Septic Tank
Utilities
Electricity Available, Electricity Connected, Other, Sewer Available, Water Available
Heating
Electric
Cooling
Central Air

Construction

Construction
Brick
Roof
Asphalt
Flooring
See Remarks
Levels
One
Basement
Other

Land and access

Lot features
Flag Lot, Other
Road frontage
City Street, Private Road
Road surface
Asphalt
View
Creek/Stream, Forest, Hills, Meadow, Mountain(s), Pasture, Water
Parcel number
137k A 002.02
Annual taxes
$8,789 a year

Schools

Elementary school
Harrison Elementary
Middle school
Dalewood Middle
High school
Brainerd High

Information deemed reliable but not guaranteed.