3 Beds
2 Baths
2,405 SqFt
3 Beds
2 Baths
2,405 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,405 sqft
Price per Sqft $87
MLS Listing ID 1526019
Style Contemporary
Bedrooms 3
Full Baths 2
Year Built 1957
Lot Size 2.600 Acres
Acres 2.6
Lot Dimensions 205X411.6
Property Sub-Type Single Family Residence
Source Greater Chattanooga REALTORS®
Property Description
This 2.6-acre property features a 4-bedroom, 2-bath, 1.5-level home and offers significant upside for future development or long-term hold. Dual driveways provide multiple access points, creating strong potential for subdivision (buyer to verify), with preliminary layout suggesting the possibility of up to four lots.
Recent improvements include a newly regraded driveway with fresh gravel, and the seller has additional interior updates scheduled to begin shortly—creating near-term value and potential price appreciation. The existing home provides flexibility as a rental, renovation project, or interim use while pursuing development plans.
This is a rare chance to acquire a sizable parcel in a desirable location with multiple exit strategies, including redevelopment, resale, or income production. Cash offers will be given priority consideration. All buyers are encouraged to perform their own due diligence regarding zoning, subdivision, and development feasibility.
This is an investment opportunity for anyone seeking to own substantial land in a prime location or explore the possibility of subdividing and developing the property further. The driveway has just been regraded with fresh gravel, and the owner is continuing to make improvements—interior updates are scheduled to begin next week.
Make an offer now before the price goes up. As with any project, due diligence is encouraged to confirm subdivision possibilities and ensure the plan aligns with your investment goals.
Location
State TN
County Hamilton
Area 2.6
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Water Heater, Refrigerator, Microwave, Electric Range, Dishwasher, Built-In Gas Range
Heat Source Central
Exterior
Exterior Feature None
Parking Features Gravel
Carport Spaces 1
Garage Description Gravel
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Garage No
Building
Faces Head east on I-24 from downtown . Take Exit 185B to merge onto I-75 North toward Knoxville. Take Exit 7 for Bonny Oaks Drive. Follow the exit ramp to Bonny Oaks Dr, heading west. Continue on Bonny Oaks Drive for about 2 miles. The destination will be on the right.
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Structure Type Vinyl Siding
Schools
Elementary Schools Harrison Elementary
Middle Schools Dalewood Middle
High Schools Brainerd High
Others
Senior Community No
Tax ID 128j G 002
Acceptable Financing Cash, Conventional, FHA, USDA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan
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Agent | License ID: TN 338923 / GA 374620