$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,328 SqFt
SOLD DATE : 12/18/2024
Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,328 sqft
Price per Sqft $429
MLS Listing ID 2770456
Sold Date 12/18/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2014
Annual Tax Amount $2,057
Lot Size 8.000 Acres
Acres 8.0
Property Description
Welcome to 824 Fortunate Way: 8 beautiful, flat acres in Falling Water, TN just 15 minutes from downtown Chattanooga. This property has already been subdivided and perc (soil) tested if the new owner wishes to build another structure on the property! 5 acres including the home, creek and garage/workshop are also available for $799,900 (MLS #1394473). Fortunate Way is the definition of a serene retreat: sit on your covered front porch to hear only the sounds of the birds, wind chimes and creek flowing through the back of the property. This property is not within city limits therefore allowing livestock. Build your dream garden or have your ideal land for animals while being close to everything in town. Built in 2014 and offering all one-level living, this home has 3 bedrooms, 2 bathrooms and an open living/dining room combo perfect for entertaining. Some amazing features of this property include: climate controlled attic storage that runs almost the entire length of the house; a storm shelter below the floor of the laundry room; tankless instant-on water heaters that conserves energy and provides abundant hot water; multiple frost-free fire hydrants spread through the property; shaded trails throughout the property that provide a park-like setting for walks, extensive/unique landscaping with trees and shrubs as well as river rock obtained from the property. One important thing to note about this unique property is the layout/design and floor plan: it was built based on passive solar design which lowers energy consumption and keeps utility bills at a minimum. The home was built with Structural Insulated Panels which contribute to the energy efficiency and creates a highly insulated space as well as climate-controlled attic storage space. The solar panels on the roof generate electricity which is sold back to the power board each month. This offsets energy costs and results in a financial gain each month. The owner is in Year 10 of 20 Year contract with EPB.
Location
State TN
County Hamilton County
Interior
Interior Features Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
Cooling Other
Flooring Tile
Fireplace N
Appliance Refrigerator, Microwave, Dishwasher
Exterior
Utilities Available Water Available
View Y/N true
View Mountain(s)
Roof Type Other
Private Pool false
Building
Lot Description Level
Story 1
Water Public
New Construction false
Schools
Elementary Schools Middle Valley Elementary School
Middle Schools Red Bank Middle School
High Schools Red Bank High School
Others
Senior Community false
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