Price Reduction
Address
502 Lullwater Road, Chattanooga, TN
Price
$ 249,900
Property Attributes
- MLS#1538370
- TypeSingle Family
- Listing Status Active
- CountyHAMILTON
- CityChattanooga
- AreaRed Bank
- NeighborhoodRustic
- Zip37405
- StyleContemporary
- Taxes$ 1780
- Price$ 249,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1140
- Lot Size0.3 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Red Bank Elementary | Red Bank Middle | Red Bank High School |
| Price History | |
|---|---|
| 7/9/2026 | Listed $274,900 |
| 8/10/2026 | 6$259,900 |
| 8/26/2026 | 4$249,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Available,Electricity Available,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Refrigerator,Gas Water Heater,Free-Standing Gas Range,Disposal,Dishwasher |
| Patio/Porch Features | Deck,Patio |
| Architectural Style | Contemporary |
| Security Features | Smoke Detector(s) |
| Construction Materials | Vinyl Siding |
| Year Built | 1960 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Community Features | None |
| County | Hamilton |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Rustic |
| Garage Y/N | No |
| Total Rooms | 6 |
| Full Baths | 1 |
| Status | Active |
| Directions | From Signal Mountain Rd toward Dayton Blvd,turn right on Lullwater Rd. Home on right. From Red Bank,go Dayton Blvd to right on Martin to Lullwater Rd. Home on the left. |
| High School | Red Bank High School |
| City | Chattanooga |
| Senior Community Y/N | No |
| MLS Area | Red Bank |
| Lot Size Units | Acres |
| Lot Size Square Feet | 13500.0 |
| Carport Spaces | 1.0 |
| Carport Y/N | Yes |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Red Bank Elementary |
| Land Lease Y/N | No |
| Tax Annual Amount | 1780.01 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Red Bank Middle |
| Lease Renewal Y/N | No |
| MLS Area Minor | Red Bank |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Structure Type | House |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Legal Description | 1930C 04 017H LOT 14 RUSTIC VILLAG E UNIT 2 PB 20 PG 13 |
| Sewer_co_Public_sp_Sewer | True |
| Heating_co_Central | True |
| Utilities_co_Cable_sp_Available | True |
| Utilities_co_Electricity_sp_Available | True |
Interior Features
| Basement | Crawl Space |
|---|---|
| Flooring | Hardwood,Luxury Vinyl,Plank,Tile |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Insulated Windows,Vinyl Frames |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 1140.0 |
| Laundry Features | Electric Dryer Hookup,Laundry Closet,Washer Hookup |
| Total Bedrooms | 3 |
| LivingAreaSource | Owner |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | None |
|---|---|
| Fencing | Fenced |
| Parking Features | Other |
| Lot Features | Level |
| Water Source | Public |
| Lot Size Area | 0.3 |
| Foundation Details | Block |
| Spa | No |
| Building Area Total | 1140.0 |
| Lot Dimensions | 90X150 |
| Lot Size Acres | 0.3 |
| Waterfront Y/N | No |
| Other Equipment | Dehumidifier |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37405
Price
Taxes
Visits
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