7003 Palermo Drive, Chattanooga

$599,000

5 Beds
3 Baths
3,600 Sqft
.45 Acre
2 Garages

Welcome to 7003 Palermo Drive, a beautifully designed 5-bedroom, 3-bathroom home spanning 3,600 sq. ft., perfectly located just steps from Hamilton Place Mall and Chattanooga's best dining and shopping. This spacious one-level basement ranch offers both comfort and convenience in one of the city's most sought-after areas. Inside, newly restored hardwood floors, fresh paint, and a well-appointed kitchen with ample cabinetry create a warm and inviting atmosphere. The formal dining room opens through French doors to a large cement back porch, overlooking a backyard oasis with over a dozen fruit trees and a vegetable bed ready for planting. The oversized, enclosed front porch is a standout feature, designed with iron fencing for added safety and built with durable, weather-resistant materials for long-lasting quality. The fully finished basement adds exceptional flexibility, offering two additional bedrooms, a full bath, multiple storage rooms, and versatile spaces ideal for a home office, gym, or storm shelter—perfect for multi-generational living or rental potential. Additional highlights include a stamped concrete lower porch, a spacious backyard deck, a recently refinished laundry area, and an oversized two-car garage. With its prime location, thoughtful upgrades, and abundant space, this home is a rare find. Schedule your private showing today!

Essential Information
MLS® #1507684
Price$599,000
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage3,600
Acres0.45
Year Built1965
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address7003 Palermo Drive
AreaChattanooga
SubdivisionBella Vista Acres
CityChattanooga
CountyHamilton
StateTN
Zip Code37421
Amenities
# of Garages2
PoolNone
Utilities

Electricity Connected, Sewer Connected

Parking

Concrete, Driveway, Garage Door Opener, Kitchen Level

Interior
CoolingCentral Air, Electric
FireplaceYes
# of Fireplaces1
FireplacesGas Log, Living Room
Has BasementYes
BasementFinished, Full
Interior Features

Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Separate Shower, Split Bedrooms, Tub/shower Combo

Appliances

Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Disposal, Dishwasher

Heating

Central, Humidity Control, Natural Gas

Exterior
Exterior FeaturesNone
Lot DescriptionBack Yard, Front Yard, Level
RoofShingle
ConstructionBrick
FoundationBlock
Windows

ENERGY STAR Qualified Windows, Insulated Windows, Vinyl Frames

School Information
ElementaryEast Brainerd Elementary
MiddleOoltewah Middle
HighOoltewah
Additional Information
Date ListedFebruary 19th, 2025
Days on Market68
Property History
Price Reduced from $638,300 to $599,000
Price Reduced from $649,900 to $638,300
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This site was last updated on April 28th, 2025 at 4:00pm