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22573 Highway 41

Chattanooga, TN 37419

3 beds
4 baths
3,037 sqft
~167 acre lot
$3,951 per sqft
1979 build
– on site

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

Listing courtesy of CHTMLS / Keller Williams Realty

Last checked: Checking… • Last updated Apr 1, 2024 •

MLS# 1389294 —

The Building

Year Built:

1979
Description:

1.5 Level, Site Built
Roofing:

Shingle
Exterior:

Cement Fiber Siding
Foundation:

Block
Exterior Features: Other 1:

Bocce ball court
Exterior Features: Other 2:

Draw bridges
Exterior Features: Other 3:

original cabin
Total SqFt Approx:

3037

Interior

Rooms:

10
Rooms:

Bedroom, Bonus Room, Dining Room, Family Room, Foyer, Full Bathroom, Great Room, Half Bathroom, Kitchen, Laundry, Master Bedroom, Office
Kitchen Level:

First
Dining Room Level:

First
Office/Study Level:

Basement
Den/Family Room Level:

Basement
Foyer Level:

First
Great Room Level:

First
Bonus Room Level:

Basement
Laundry Closet Level:

First
Interior:

Ceiling - 9 Ft or More, Ceiling - Cathedral, Island Work/Center, Laundry Room, Walk-in Closet, Washer & Dryer Hookup
Dining:

Combined w/Living, Eat-In-Kitchen
Flooring:

Carpet, Hardwood Floors, Hardwood Solid, Linoleum
Fireplace:

Gas Logs, In Great Room
Fireplace:

1.00
Basement:

Finished, Unfinished
Equipment:

Garage Door Opener, Smoke Detector

Room Dimensions

Bedroom - Additional:

Bonus

Financial & Terms

Possession:

Negotiable

Location

Directions:

From Chattanooga, 24 West towards Nashville, take Cummings Hwy/US-41 N and Exit right. Property is just past Raccoon Mountain Rd on the right - if you get to Kelly's Ferry Church, you have gone too far. Property is gated.
Latitude:

35.038074
Longitude:

85.425519

The Property

Property Type:

A
Property Subtype:

Residential
Exterior Features:

Dock - Stationary, Guest House, Patio/Deck, Porch Covered, Tennis Court
Lot Description:

Gradual Sloping, Mountain View, Private Lake/Pond, Scenic View, Water Access, Water Frontage - Lake River, Water View, Water Year Round - Lake River, Wooded
Lot Size:

167 Acres
Approx Acres:

167.00

Listing Agent

Contact info:

Taxes

Taxes:

$4,710.12

Beds

Bedrooms:

3
2nd Master Level:

First
Bedroom/Additional Level:

Second

Baths

Baths:

4
Full Baths:

3
Full Bath Level:

First
Half Baths:

1
Half Bath Level:

First
Bed/Bath:

En Suite, Jetted Tub, Master on Main Level, Separate Shower, Separate Vanities, Tub/Shower Combo, Walk-in Closet

The Listing

Type of Sale:

Home Owner

Heating & Cooling

Cooling:

2 or More Units, Central, Electric
Heating:

Central, Electric

Utilities

Utilities:

Electric Lines/Above Ground, Electric Lines/Under Ground
Water/Sewer:

Septic Tank

Appliances

Appliances:

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

Schools

Elementary School:

Marion County Elementary
Middle School:

Marion County Middle
High School:

Marion County High

The Community

Subdivision:

None
HOA Frequency:

N/A

Parking

Garage/Parking:

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

Monthly cost estimate

Asking price

$12,000,000

Expense	Monthly cost
Mortgage	$64,256
Taxes	$392
Insurance	$3,300
Utilities	N/A
Total	$67,948/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
3/29/24 Mar 29, 2024	Listed / Active	CHTMLS	$12,000,000

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This house located in TN 37419 is currently for sale for $12,000,000. 22573 Highway 41 is a 3,037 square foot house with 3 beds and 4 baths that has been on Estately for 31 days. This house is in the attendance area of Marion Academy, Jasper Elementary School, Whitwell High School, Marion County High School, Whitwell Elementary School, Whitwell Middle School, Jasper Middle School, South Pittsburg Elementary School, South Pittsburg High School, and Monteagle Elementary School.

Listing Courtesy of: CHTMLS and Keller Williams Realty.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS. © 2024 Chattanooga Association of REALTORS®

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.