22573 Highway 41, Chattanooga

$12,000,000

3 Beds
4 Baths
3,037 Sqft
167 Acres
1 Garage

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 thelake 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.

Essential Information
MLS® #1389294
Price$12,000,000
Bedrooms3
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage3,037
Acres167.00
Year Built1979
TypeResidential
Sub-TypeResidential
Style1.5 Story, Site Built
StatusActive
Community Information
Address22573 Highway 41
SubdivisionNone
CityChattanooga
CountyMarion
StateTN
Zip Code37419
Amenities
# of Garages1
Is WaterfrontYes
Utilities

Garage Door Opener, Smoke Detector

Garages

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

Interior
HeatingCentral, Electric
FireplaceYes
# of Fireplaces1
FireplacesGas Logs, In Great Room
Has BasementYes
BasementFinished, Unfinished
Interior

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

Appliances

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

Cooling

2 or More Units, Central, Electric

Exterior
ExteriorCement Fiber Siding
RoofShingle
FoundationBlock
Exterior Features

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

Lot Description

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

School Information
ElementaryMarion County Elementary
MiddleMarion County Middle
HighMarion County High
Additional Information
HOA Fees Freq.Not Applicable
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This site was last updated on May 3rd, 2024 at 6:58am