3926 Graceland Trail, Chattanooga, TN

$4,500,000

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3

Beds

Baths

1,745

Square feet

46.50

Acres

About 3926 Graceland Trail

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.

Features of 3926 Graceland Trail

MLS® # 3531475
Price $4,500,000
Bedrooms 3
Bathrooms 2.50
Full Baths 2
Half Baths 1
Square Footage 1,745
Acres 46.50
Year Built 1957
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 3926 Graceland Trail
Subdivision None
City Chattanooga
County Hamilton County, TN
State TN
Zip Code 37421

Amenities

Utilities Electricity Available
Parking Spaces 2
# of Garages 2
Garages Garage Faces Front, Gravel
View Water, Mountain(s)
Is Waterfront No
Has Pool No

Interior

Appliances Electric Oven
Heating Electric
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Lot Description Other
Roof Asphalt
Construction Other, Brick

School Information

Elementary Harrison Elementary School
Middle Dalewood Middle School
High Brainerd High School

Additional Information

Date Listed September 2nd, 2026
Days on Market 15
Foreclosure No
Short Sale No
Data Source REALTRACS as distributed by MLS GRID

Listing Details

OfficeREAL Broker

Listing Map

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