Under Contract

Contingent

22573 Highway 41

Chattanooga TN, 37419

$12,000,000


$3,951.27 per sqft

Under Contract

Contingent

3 Beds

4 Baths

3,037 sqft

Residential

Built in 1979

Once in a lifetime opportunity to own this stunning acreage property with its own private lake on the Tennessee River within 15 minutes of downtown Chattanooga. Family owned for multiple generations, the property is subject to a conservation easement which will ensure the continued stewardship and preservation of the natural setting, including the various plant and animal life and the beautiful lake and river frontage, while still allowing the use and enjoyment of this amazing property. Located on a controlled waterway, this 167 +/- acre property has a gated entry and currently has a caretaker's house, the ''Lodge'', a log cabin, and the ''River House'' which is perfectly positioned with views of the river gorge. The Conservation Easement will allow up to 7 individual residences, including the 3 existing structures which can be utilized or replaced depending on your needs and vision for the property. The 4 additional homesites are located along the private lake with the river and mountains as an additional scenic backdrop. The lake is over 55 +/- acres and offers 3 piers and a wonderful spot for all sorts of water sports. ''Cummings Lake'' is separated from the river via a grassy levy that has 2 draw bridges to allow discretionary access to and from the river. The levy provides a natural path along the riverside, and both the levy and the private road along the lake provide a wonderful place to walk, bike or run. Lighted tennis courts, a bocce ball court and greenspaces provide additional recreation opportunities. Your tour of the 3 homes begins with the caretaker's house which is the first home on the right. Its location allows for convenient oversight of visitors, the lake, the piers/boating and the tennis courts. The ''Lodge'' is just down the road on the left and currently has 2 bedrooms and 3 baths, with the primary bedroom on the main, an open living plan, and fantastic outdoor living spaces including, a screened in porch and tiered deck with views of the lake and easy access to the bocce ball court. The next structure you come to on your tour is the "Caldwell Cabin" which was moved from Southwest Virginia and rebuilt on the site, providing a bit of history and wonder as it stands the test of time. The final structure you come to is the "River House" which was strategically positioned here to take full advantage of the views. It is also the site of the old Kelly House, as the river below is known as Kelly's Ferry Landing which was the crossing place for both supplies and troops during the Civil War. By far the largest of the three homes, the main level has a foyer, kitchen open to the dining and great room, primary suite, powder room and laundry room. The upper level has a 2nd bedroom, a full hall bath, and a loft area that is currently being used as a 3rd bedroom. The daylight basement offers a large family room, another full bath, 2 bonus rooms, a single garage, and a large unfinished storage area. The home also has a rocking chair covered front porch, covered patio, and open deck area to enjoy this wonderfully peaceful setting. Notably, the homes are on city water. Acreage, privacy, location, and setting - this property simply has it all and truly represents a unique opportunity so please call for more information and to schedule a private showing. Advanced notice and pre-qualification is required. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

1389294

MLS ID

March 29, 2024

Listed

July 13, 2024

Updated

Map

22573 Highway 41
Chattanooga TN, 37419

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Ceiling - 9 Ft or More, Ceiling - Cathedral, Island Work/Center, Walk-in Closet, Washer Dryer Hookup, En Suite, Jetted Tub, Master on Main Level, Separate Vanities, Tub/Shower Combo, Walk-In Closet(s), Separate Shower


Appliances

Microwave, Electric Range - Drop In, Convection Oven, Dishwasher, Surface Unit/Wall Oven, Water Heater - Electric


Laundry Description

Laundry Room


Floor Description

Carpet, Hardwood Floors, Hardwood Solid, Linoleum


Fireplace

Yes


Fireplace Description

Gas Log, Great Room


Cooling

Yes


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

167 Acres


Exterior Features

Dock - Stationary, Guest House, Patio/Deck, Porch Covered, Tennis Court, Other 1, Other 2


Lot Features

Gradual Sloping, Mountain View, Wooded, Water View, Scenic View, Water Access, Water Frontage (Lk/Rvr), Private Lake/Pond, Water Year Round (Lk/Rvr)


Roof

Shingle

School Information

High School

Marion County High


Elementary School

Marion County Elementary

Other Property Details

Taxes

$4,710


Tax Frequency

Annually


Garage

Yes


Parking

1 Car Garage, Basement, Off Street Parking, Rear Loading, Utility Garage


View

Yes


County

Marion


Water Source

Septic Tank


Pool

No

Listing History

Date

Event

Price

6/13/2024

Under Contract

 

Courtesy of Keller Williams Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Vanessa Vereschak shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Greater Chattanooga Association of REALTORS. All rights reserved.

Powered byLuxury Presence