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505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
505 Ashland Terrace
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$350,000

505 Ashland Terrace

2 Beds 1 Bath 1,176 Sq.Ft.

Description

Charm, Opportunity & Prime Location: Your 2-Acre Opportunity on Ashland Terrace

Discover a truly unique offering at 505 Ashland Terrace, a charming 1930s home situated on a generous 0.54-acre lot, offered in conjunction with the adjacent 1.48-acre corner lot at Ashland Terrace and Crestview Drive. This combined approximate 2-acre parcel presents an unparalleled opportunity for homeowners and developers alike to realize their vision in a highly convenient and evolving area.
Step inside to discover a classic 2-bedroom, 1-bathroom home, exudes vintage character with its spacious living room and a dedicated dining room, perfect for gatherings. While the fireplace is non-working, it offers a beautiful architectural detail to enhance your future design. Practical features include a dedicated laundry room and a durable metal roof, providing long-term peace of mind and low maintenance.
Beyond the existing home, the true value of this offering lies in the expansive land. The additional 1.48-acre lot, strategically located at the corner of Ashland Terrace and Crestview Drive, significantly amplifies the property's potential.
The combined parcel offers ample outdoor space, perfect for creating a private oasis, extensive gardens, or a family recreation area. The back of the larger lot is sloped, providing opportunities for creative landscaping or unique building designs. Enjoy the benefits of a convenient location with easy access to the amenities of Red Bank, the major thoroughfare of Hixson Pike, and the vibrant dining, shopping, and attractions of downtown Chattanooga.
This rare offering of a home with a significant adjacent development-ready parcel won't last. Whether you're seeking a substantial private residence with room to grow, or a strategic investment with diverse development opportunities, 505 Ashland Terrace and its accompanying land are ready for your vision.
Don't miss out on this exceptional opportunity. Schedule your private showing today!

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Location

505 Ashland Terrace, Chattanooga, TN 37415

Status

Pending

Property Amenities

Interior
Laundry room Electric Dryer Hookup, Laundry Room, Washer Hookup
Appliances Refrigerator, Free-Standing Electric Oven, Electric Water Heater
Flooring Linoleum, Wood
Total Bedrooms: 2
Full Bathrooms: 1
Other Interior Features Eat-in Kitchen
Area & Lot
Lot Area 2.02 Acres
Living area 1,176 Sq.Ft.
MLS® ID 1514353
Year Built 1930
High School Red Bank High School
Middle School Red Bank Middle
Elementary School Alpine Crest Elementary
Architecture Styles A-Frame
Type Residential
Status Pending
Exterior
Stories 1
Pool None
Air conditioning Central Air
Heat type Central
Water Source Public
Other Exterior Features Rain Gutters
Parking Driveway, Off Street
Lot Features Sloped
Roof Aluminum
Utilities Electricity Available, Sewer Connected
Finance
Sales Price $350,000
Real Estate Tax $2,059 yearly
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 505 Ashland Terrace, Chattanooga, TN 37415. We are reviewing your request and will be in touch shortly!

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