31 Minnekahda Place, Chattanooga

$9,500,000

16 Beds
14 Baths
15,196 Sqft
3.3 Acres
2 Garages

Built in 1917 by the Patten family, this all brick, 15,196 +/- square foot home is strategically positioned a 3.3 +/- acre lot on one of Riverview's highest points with stunning views on 3 sides of downtown Chattanooga, the Tennessee River, and our local mountains. The family once owned the entire hill, and the original entry to the estate still stands as evidenced by the columns at the base of Minnekahda Pl near the entrance to Bright School. Long since developed into a desirable Riverview neighborhood, Minnekahda Pl culminates at the property and home site at the top of the hill with circular driveways both in front of the home and in back. Mature landscaping, a breezeway to a covered patio with stunning views and the columned covered front porch add to the stately and curb appeal. Once a grand single-family home, the building has 2 stories over a partially finished basement and is currently configured into 7 units, 5 with 2 bedrooms and 2 baths, and 2 with 3 bedrooms and 2 baths. All of the units have spacious rooms, wonderful natural lighting, and varying degrees of updating. You will love all of the features reminiscent of this era, including the tall ceilings, mostly hardwood and tile floors, glass doorknobs, many antique light fixtures, crown moldings, 5 fireplaces, original decorative radiator cabinetry and old-world charm. Some of the units have their own laundry hook-ups, and there is a common laundry room in the basement, along with extra storage and a 2-bay garage. Additional parking is offered by a detached carport, and there is plenty of room for additional off-street parking for residents or when entertaining guests. The property offers a unique opportunity to own an estate sized home with acreage in a highly desirable locale. The property is currently held as a coop with the current owner holding 100% of the shares; however, the status can be changed if preferred. Whether you are looking to keep the current ownership and apartment structure,potentially convert the units to condos, or return the home to its original single-family glory, then this could be the property that you have been seeking. Located just minutes from schools, parks, hospitals, the Chattanooga Golf and Country Club, the shopping and restaurants of the North Shore and downtown Chattanooga, so please call for more information and to schedule your private showing. Pre-qualification is required. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Essential Information
MLS® #1389990
Price$9,500,000
Bedrooms16
Bathrooms14.00
Full Baths14
Square Footage15,196
Acres3.30
Year Built1917
TypeResidential
Sub-TypeResidential
Style2 Story, Site Built
StatusActive
Community Information
Address31 Minnekahda Place
SubdivisionMinnekahda
CityChattanooga
CountyHamilton
StateTN
Zip Code37405
Amenities
# of Garages2
Garages

2 Car Garage, Attached, Detached, Off Street Parking, 3 Car Carport or more

Interior
HeatingCentral, Electric, Gas
FireplaceYes
# of Fireplaces5
FireplacesGas Logs, In Living Room
Has BasementYes
BasementFinished, Unfinished
Interior

Attic Storage - Walkout, Ceiling - 9 Ft or More, Granite Counter Tops, Laundry Room, Pantry, Walk-in Closet, Washer & Dryer Hookup, Galley Kitchen, Laundry Closet

Appliances

Dishwasher, Disposal, Electric Range - Free Standing, Refrigerator, Single Oven, Water Heater - Electric

Cooling

2 or More Units, Central, Electric

Exterior
ExteriorAll Brick
RoofRoll, Shingle
FoundationBlock
Exterior Features

Patio/Deck Covered, Porch Covered

Lot Description

City View, Gradual Sloping, Level, Mountain View, Water View, Wooded

Windows

Windows - Aluminum, Windows - Wood

School Information
ElementaryNormal Park Elementary
MiddleNormal Park Upper
HighRed Bank High School
Additional Information
HOA Fees Freq.Not Applicable
LISTING MAP

Get directions to this property:

Listing Courtesy Of: Keller Williams Realty

Greater Chattanooga Association of Realtors Logo

The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.

Copyright© 2024 by Chattanooga Association of REALTORS®

This site does not contain all listings available through the MLS.

INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED.

This site was last updated on May 3rd, 2024 at 3:13am