Description
This stunning single-family home offers a unique blend of versatility and opportunity. Boasting a basement suite currently utilized as a successful short-term rental and a private guest suite on the second level with its own separate entrance, this property provides the potential for three separate income streams within one home.
Alternatively, the home can continue to serve as a luxurious residence for a single family, offering ample space, privacy, and comfort for everyone under one roof. Whether you're seeking a profitable investment opportunity or a dream home with flexible living options, this property delivers unmatched potential.
Welcome home to luxury in the desirable North Chattanooga, where this stunning 7-bed, 5.5-bath home offers breathtaking views of downtown Chattanooga from nearly every level and an outdoor space perfect for enjoying sunrises, sunsets, and the sparkling city lights at night! This contemporary residence is not just a home but a unique investment opportunity, generating $77,000 in annual income from a short-term vacation rental permit, allowing the owners to live mortgage-free while enjoying luxurious living. Property Features: Spectacular views of downtown Chattanooga from multiple levels, providing a beautiful backdrop for daily living and entertaining. Situated within walking distance of the beautiful Tennessee Riverfront, restaurants, parks, shopping, and GREAT HIKING/BIKING trails! Minutes from Stringers Ridge, a 92-acre urban wilderness park in the heart of North Chattanooga, offering 7 miles of multi-use trails with stunning views along the ridge. The spacious layout and open floor plan with hardwood flooring throughout create a modern and welcoming atmosphere. The Great Room is a focal point, featuring a stunning fireplace, abundant natural light, and large windows that showcase beautiful views of the downtown skyline, creating an inviting space for relaxation and entertainment. The gourmet kitchen, equipped with rich cabinetry, quartz countertops, and a grand island, provides and ideal space for cooking and hosting. The second floor features one bedroom plus an Apartment/Nanny/In-law Suite with a living room, kitchen, two bedrooms, one full bath, and its own separate entrance on the left side of the home, perfect for guests or additional rental income. The third floor boasts a thoughtfully designed media room with ample soundproofing and a full window wall, offering incredible views of downtown Chattanooga and overlooking the beautifully designed open living space below. Head down to your fully finished daylight basement, featuring a living room, kitchen, dining area, two bedrooms, one bath, a covered patio with a hot tub, and a separate entrance with parking behind the home off Eaves Place Street. This area is perfect for guests to enjoy their stay while taking in the stunning city views. The short-term vacation rental permit allows you to capitalize on this space and generate significant income.
Owner upgrades throughout the home include the addition of the media room, soundproofing, a basement kitchen backsplash, new countertops, additional decking, and landscaping.
Prime Location and Accessibility:
Ideal walking or biking distance to popular Chattanooga attractions:
Walnut Street Bridge: 1.1 mi.
Coolidge Park: 1.0 mi.
Aretha Frankensteins (great breakfast!): 1.5 mi.
Taco Mamacita: 0.7 mi.
Tennessee Aquarium: 1.3 mi.
Don't miss the opportunity to own this unique luxury home that combines stunning downtown views, modern design, and exceptional income potential. Contact us today to schedule a private tour and experience the best of Chattanooga living!
