# 3926 Graceland Trail, Chattanooga, TN 37421

> **TL;DR:** 3bd/3ba single family, $4,500,000 ($2579/sqft), built 1957, 1,745 sqft.
> Fireplace, Waterfront, View, A/C. Est. $24,067/mo. Listed 19 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,500,000 |
| Price/sqft | $2579 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,745 |
| Year Built | 1957 |
| Lot Size | 2,025,540 sqft (46.50 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 19 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed
- **Views** - Hills, Forest, Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $22,754 |
| Estimated Insurance | $1,313 |
| **Total** | **$24,067** |

## Nearby Schools

- **Elementary:** Harrison Elementary
- **Middle:** Dalewood Middle
- **High:** Brainerd High

## Key Amenities

- Fireplace
- Waterfront
- View
- A/C

## Property Highlights

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

## Description

### Agent 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 Credit / 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.

## Location

- **Address:** 3926 Graceland Trail, Chattanooga, TN 37421
- **County:** Hamilton
- **Coordinates:** 35.057687, -85.217408
- **Google Maps:** https://www.google.com/maps?q=35.057687,-85.217408

## Listing Agent

- **Name:** Brian Kelly · **License:** 258290
- **Brokerage:** Liberty Homes Chattanooga
- **Phone:** 4238189959
- **Broker Phone:** (423) 665-7777
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3926-Graceland-Trl_Chattanooga_TN_37421_M85575-62048?f=listhub&s=CARTN&m=1542022&c=propsimple)

## Photos

![3926 Graceland Trail - Photo 1](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f2372884500r.jpg)

![3926 Graceland Trail - Photo 2](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f2144165267r.jpg)

![3926 Graceland Trail - Photo 3](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f2159033156r.jpg)

![3926 Graceland Trail - Photo 4](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f2865413879r.jpg)

![3926 Graceland Trail - Photo 5](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f2750944829r.jpg)

![3926 Graceland Trail - Photo 6](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f2943750964r.jpg)

![3926 Graceland Trail - Photo 7](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f4181560896r.jpg)

![3926 Graceland Trail - Photo 8](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f855852984r.jpg)

![3926 Graceland Trail - Photo 9](http://lh.rdcpix.com/2f24307ef0dd0d14c35cc72bc404be3al-f2533797083r.jpg)

---

**MLS#:** 1542022 | **Updated:** 2026-09-13
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/3926-graceland-trail-chattanooga-tn-37421-1542022)

---

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