About This Home

This 3-bedroom, 3-bathroom single family at 3926 Graceland Trail in Chattanooga, TN is listed for $4,500,000 ($2,579 per sqft). Built in 1957, the home offers 1,745 sqft of living space on a 46.50 acres lot.

Key Features

  • Built in 1957
  • 46.50 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full, 1 half
1957

Amenities

FireplaceWaterfrontViewA/C
Listing Description

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 down 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 S42 30% eligible-basis boost, plus fit with THDA Housing Cr

edit / 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.

Monthly Cost Estimate

$24,067/mo

20% down · 6.5% · 30 years

Principal$3,254
Interest$19,500
Insurance$1,313

Estimates only. Actual payments may vary.

Location

3926 Graceland Trail

Chattanooga, TN 37421

Property Details

Construction

Brick

Views

HillsForestWater

Parking

GarageOff Street

Heating

Electric (Heating)

Cooling

Central Air

Appliances

Free-Standing Electric Oven

Questions & Answers

This 3-bedroom, 3-bathroom single family at 3926 Graceland Trail is listed at $4,500,000 ($2,579/sqft). The estimated monthly payment is $24,067 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 46.50 acre lot, Fireplace, Waterfront.

This property is listed by Brian Kelly and can be reached at 4238189959.

BK

Brian Kelly

License 258290

Agent at Liberty Homes Chattanooga

(423) 818-9959
Agent website

Listed by Liberty Homes Chattanooga · Broker phone: (423) 665-7777 · View on Broker Site · Broker website

MLS# 1542022· Source: Greater Chattanooga Association of REALTORS· 19 days on PropertySimple

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3926 Graceland Trail, Chattanooga, TN 37421

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