Welcome to Melrose Landing, where you'll find 4 of the most gorgeous waterfront lots sitting on over 5 acres. This is a fantastic opportunity to own a stunning piece of property and build your dream home. Located in a gated community, take advantage of the community boat dock and launch. Call today for your private tour of Melrose Landing - this place is a true dream! This sale includes 4 adjoining Lots: 16, 17A, 19A, 20 Parcel IDs: 092J A 016.00, 092J A 019.00, 092J A 016.00 and 092J A 017.00. Information is deemed reliable but not guaranteed, Buyer to verify any and all information they deem important.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Pryor Realty
Office Phone: (423) 894-6762
Exterior Features
Exterior Information:
Waterfront: Lake Front
View: Lake
Lot Features
Lot Information:
Lot: Cleared, Waterfront
Lot Size: 5.30 Acres
Other
Directions Information:
Directions: From Chattanooga, take Hwy 27 No to Dayton. Turn right onto Hwy 30, right on Cottonport Road, then turn right at Melrose Place.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
HOA Fees:
Amount: $700
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Dayton, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,115
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$58
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Frazier Elementary School
3900 Double S Rd
Distance between this listing and this school2.71 miles
Public District Grades KG-5
7
/10
Meigs South Elementary School
9638 State Highway 58 S
Distance between this listing and this school4.78 miles
Public District Grades PK-5
5
/10
Rhea Central Elementary School
1005 Delaware Ave
Distance between this listing and this school7.29 miles
Public District Grades PK-5
Nearby Schools
6
/10
Meigs Middle School
586 N Main St
Distance between this listing and this school6.62 miles
Public District Grades 6-8
5
/10
Dayton City School
520 Cherry St
Distance between this listing and this school6.74 miles
Public District Grades PK-8
4
/10
Rhea Middle School
405 Pierce Rd
Distance between this listing and this school6.96 miles
Public District Grades 6-8
Nearby Schools
6
/10
Meigs County High School
105 Abel Ave
Distance between this listing and this school6.05 miles
Public District Grades 9-12
5
/10
Rhea County High School
885 Eagle Ln
Distance between this listing and this school7.07 miles
Public District Grades 9-12
6
/10
Sale Creek Middle/High School
211 Patterson Rd
Distance between this listing and this school13.89 miles
The neighbors living near this home have an average income of $41,631. Residents of Dayton, TN typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Melrose Place 16,17A,19A & 20
What is the listing price of this property?
The listing price of 0 Melrose Place 16,17A,19A & 20 property is $1,200,000.
What type of property is this?
The property 0 Melrose Place 16,17A,19A & 20 is land located in Dayton, Tennessee, 37321.
Is this property for sale now?
Active Listing: 0 Melrose Place 16,17A,19A & 20 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 0 Melrose Place 16,17A,19A & 20 is 5.30 acres.
Interested in 0 Melrose Place 16,17A,19A & 20? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Melrose Place 16,17A,19A & 20 in Dayton, TN and zip code 37321. This home sits on a 5.30 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $1,200,000.
In October 2024, from all listings sold in Dayton, TN there were more than 2 sold above asking price, over 13 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Dayton, TN decreased by 18.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $286,333, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Applebees
Ram
Chevrolet
GMC
Classic Country
New Country