About 502 Lullwater Road
Tucked into a quiet wooded valley at the southern end of Red Bank, this 3-bedroom, 1-bath home offers a peaceful setting with I-24, downtown, and multiple parks within 10 minutes--without Northshore prices or Chattanooga's 38% higher tax rate. The expensive, unglamorous work was done in 2022: new roof, new gutters, new double-pane windows, new commercial water heater, encapsulated crawlspace with drain and dehumidifier, new ductwork, and HVAC updates. Bathroom has an all-tile shower with bench. 2 flexible rooms can create a large and sunny bedroom with private entrance, office, rec room, playroom, formal dining area, or workshop. Outside offers a large deck, fenced yard with southern exposure for gardening, carport, shed, and extra privacy thanks to adjacent city utility land. Not a modern flip, but not a reno project--ideal for buyers seeking a safe, reliable sanctuary without paying a premium for purely cosmetic work. Buyer encouraged to have agent; pre-qualification letter required.
Features of 502 Lullwater Road
| MLS® # | 1538370 |
|---|---|
| Price | $249,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,140 |
| Acres | 0.30 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 502 Lullwater Road |
|---|---|
| Area | Red Bank |
| Subdivision | Rustic |
| City | Chattanooga |
| County | Hamilton |
| State | TN |
| Zip Code | 37405 |
Amenities
| Amenities | None |
|---|---|
| Utilities | Cable Available, Electricity Available, Sewer Connected, Water Connected |
| Parking | Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator, Gas Water Heater, Free-Standing Gas Range, Disposal, Dishwasher |
|---|---|
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Fireplace | Yes |
| Has Basement | Yes |
| Basement | Crawl Space |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Level |
| Windows | Insulated Windows, Vinyl Frames |
| Roof | Shingle |
| Construction | Vinyl Siding |
| Foundation | Block |
School Information
| Elementary | Red Bank Elementary |
|---|---|
| Middle | Red Bank Middle |
| High | Red Bank High School |
Additional Information
| Date Listed | July 9th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |