FOR SALE
$4,500,000

3926 Graceland Trail
Chattanooga, TN 37421

3
Bedrooms
2.5
Baths
1,745
Sqft
46.5
Acres
11
Days on Market
2 Cars
Garage
$2,579
Price Per Sqft.
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Property 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 §42 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.

3926 Graceland Trail is a property for sale for $4,500,000 in Chattanooga, TN 37421 and is part of Hamilton County, TN . This home is 1,745 square feet and is located on a 46.5 acre lot and features 3 bedrooms and 2.5 bathrooms with a 2 car garage.

Nearby schools include Harrison Elementary School, Dalewood Middle School, and Brainerd High School.

Listing Provided By: Brian R Kelly, REAL Broker 4236657777 Source: Realtracs MLS#: RTC3531475

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School Information

Harrison
Elementary School
147 Dalewood
Middle School
221 Brainerd
High School

*School Boundaries are deemed reliable, but is not guaranteed and should be independently verified.

Property Information
View
Water View, Mountain View
46.5 Acres
Zip Code
37421
Water
Well
1 Story
Tax Annual Amount
8789
Year Built
1957
Roof
Asphalt
Location Information
State
TN
County
Hamilton County
City
Chattanooga
Building Information
3 Bedrooms
2 Full Bathrooms
1 Half Bathroom
Living Area
1, 745 Square Feet
Construction Materials
Brick Exterior
Interior Features
Electric Oven
General Information
Total Living Square Footage
1, 745
Exterior Features
Garage & Parking Information
Parking Information
2 Total spaces, Garage Faces Front, Gravel, 2 Covered
Utility Information
Cooling
Central Cooling
Heating Type
Central Electric Heat
Sewer
Septic Tank
Utilities Available
Electricity Available

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Chattanooga, TN 37421

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3926 Graceland Trail is a property for sale for $4,500,000 in Chattanooga, TN 37421 and is part of Hamilton County, TN . This home is 1,745 square feet and is located on a 46.5 acre lot and features 3 bedrooms and 2.5 bathrooms with a 2 car garage. Nearby schools include Harrison Elementary School, Dalewood Middle School, and Brainerd High School. This address can also be written as 3926 Graceland Trail, Chattanooga, TN 37421. This home has been listed on BoldPorch since Sep 02, 2026 BoldPorch last checked and updated this listing on Sep 12, 2026 at 7:08pm UTC .