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3926 Graceland Trail

Chattanooga, TN 37421
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Bed 3

Bed

Bath 3

Bath

SqFt1,745

Sqft

Acres46.50

Acres(Lot)

46+- Acres, family compound property, Tennessee water, fields, woods, hills, trails, brick ranch home and room to build! Red barn in field conveys wth field below home. South Chickamauga Creek Greenway from Camp Jordan to Tennessee River Park all the way downtown and on to St. Elmo adjoins. South Chickamauga Creek, paddle your kayak to the Tennessee River. Fishing, from bank, and rocks adjacent. Brick ranch built in 1957, two car attached garage sits top of a hill. 5.3 miles from Tennessee Aquarium and take an e-bike ride downtown along the River Walk from the Greenway. Close to the airport but not under a glide path of runway. Quiet peaceful living but less than 10 minutes downtown multiple directions. Path of progress property - time to bank it! Warehouses dow n the street, residential also. Caine Lane is quiet road just off Shallowford and minutes to Highway 153. Find the quiet area you never knew existed. Property is zoned currently residential. Sited just inside a HUD-mapped area that may support multifamily tax-credit underwriting--buyer to confirm current Qualified Census Tract (QCT) and/or Difficult Development Area (DDA) status for a possible §42 30% eligible-basis boost, plus fit with THDA Housing Credit / multifamily tax-exempt bonds and the City of Chattanooga Affordable Housing PILOT (HEB; 10+ rental units; 15-year abatement tied to 50-80% AMI set-asides). Zoning, density, utilities, and program eligibility are not warranted--verify with HUD, THDA, and the City before relying on any incentive. Ranch house has tenants, please do not drive down Graceland Trail without an appointment. Private Drive. Tenants have right to quiet enjoyment. Schedule appointment. Qualified buyers only please Realtors.

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Detail Ic Property Details

Property Type : Residential

Price : $4,500,000

AD Id : 90971933

MLS Id : 1542022

Beds : 3

Lot Size : 46.50 Acres

Living Area Size : 1,745

Tax Amount : 8789.00

Year Built : 1957

Garage : 2

County : Hamilton

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Other
  • Flooring Information

    See Remarks
  • Roofing Information

    Asphalt
  • Interior Features

    See Remarks Roof: Asphalt Appliances: Free-Standing Electric Oven Laundry Features: Inside, See Remarks
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Central Air Water front: 1

  • Building Information

    Year Built: 1957 Building Area Total: 1745 Construction Materials: Brick Patio And Porch Features: Other Pool Features: None Private Pool: No Water front Features: Stream View: Creek/Stream, Forest, Hills, Meadow, Mountain(s), Pasture, Water
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: IRR Main Square Feet: 46.5 Acres Lot Size Acres: 46.5 Lot Size Square Feet: 2025540 Lot Description: Flag Lot, Other, Waterfront

    Property Information

    Subdivision: None Source Property Type: Residential MLS Area Minor: Chattanooga Property SubType: Single Family Residence Levels: One Property Age: 69

  • Listing Price Information

    Listing Price: $4500000 Cash, Conventional

  • Tax Information

    Parcel Number: 137k A 002.02 Annual Tax: $8789 Tax Legal Desc: Lt 4 Holladay Division Pb45 Pg232 , plus 6 other parcels

  • Parking Information

    Garage, Garage Faces Front, Gravel, Off Street, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Harrison Elementary
    Junior High School: Dalewood Middle
    Senior High School: Brainerd High
  • Utility Information

    Electricity Available, Electricity Connected, Sewer Available, Water Available, Other
  • Location Information

    Direction: 153 South (dam / Hixson toward I-75) Exit 2 - Shallowford Road Right on Shallowford (toward the airport) At the light, a left will put you onto Airport Road, turn Right onto Caine Lane. Graceland Trail will be on your left just past 4017 Caine Lane, the sellers personal home NOT for sale. WaterSource: Well, See Remarks Security Features: See Remarks
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Nearby Home Value

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9867 Windrose Circle, Chattanooga, TN, 37421 $1,050,000 4 3 4,110 0.60 Acre
9867 Windrose Circle, Chattanooga, TN, 37421 $1,075,000 5 4 4,110 0.60 Acre
1434 Firelight Way, Chattanooga, TN, 37421 $499,900 4 3 2,136 0.21 Acre
8911 Quail Run Drive, Chattanooga, TN, 37421 $296,000 3 2 1,198 0.37 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner 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 © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 09/05/2026 @ 13:02

MLS: 1542022 LISTED BY: Brian Kelly, Real Broker 423-665-7777 SOURCE: Greater Chattanooga REALTORS

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