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LOT7 Grayson Way, Signal Mountain, TN, 37377

$125,000

2.81 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #1383193
Lot Size2.81 Acres
StatusActive

About LOT7 Grayson Way

BUILD ON SIGNAL MOUNTAIN! Enjoy a peaceful woodland setting, offering an incredible opportunity to customize the best of mountain living. Lot 7 is approved for 3 bedrooms, using a modified conventional or low pressure pipe septic system. Build your dream home on this private 2.81-acre lot (marked Lot #7 on map), the serenity of an interior lot, and the largest in this 7-lot community. Seller is a licensed building contractor willing to discuss the possibility of building a custom home. You don't have to give up convenience to enjoy this tranquil Sequatchie County setting, this homesite is situated one minute from US 127 - Taft Hwy, 2 minutes from Corral Road, and 25 minutes from Downtown Chattanooga. County taxes ONLY, and NO STATE INCOME TAX in Tennessee! Grayson Way puts the best of Tennessee at your fingertips! Enjoy Signal's numerous nearby hiking trails, including breathtaking Signal Point and beautiful Rainbow Lake with its refreshing falls. Enjoy reliving history with a bicycle ride through historic Old Towne with the trolley tracks still embedded, then stroll through Signal's charming boutiques, visit the Apple Orchard for fresh cider, or indulge in excellent fare at the Bread Basket Bakery or one of the charming locally-owned restaurants or coffee shops. Experience the unique balance of scenic mountain living, with urban conveniences within easy reach. Experience for yourself what makes Signal Mountain living so extraordinary! (No trailers and minimum restrictions. Any and all property lines on photos are simulated and are approximate. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Wooded, Cleared
  • Lot Size: 2.81 Acres

Other

Directions Information:

  • Directions: From Downtown Chattanooga: Take US 27 N. Exit toward Signal Mountain/ US 127 N. Take US 127 N up the mountain. At the stoplight, continue straight for 7 miles. Turn left onto Grayson Way. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
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Housing Market Comparison

See how this home compares to others in Signal Mountain, TN.

Med. Sold Price

$693.1K

Med. Price/SqFt

$248

Avg. Days On Market

48

# of Sold Homes

37

LOT7 Grayson Way vs Signal Mountain

366 DAYS ON ROCKET

+318 Days

$125,000

-$568.1K Less

KEY TAKEAWAY

This property is $568.1K less than the Median Sold Price in Signal Mountain, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1383193

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900

IDX 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®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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.

Nearby Schools

school-card-donut-365312
8
/10
  • Nolan Elementary School

  • 4435 Shackleford Ridge Rd

  • 2.00 miles

  • Public District Grades KG-5

school-card-donut-365313
8
/10
  • Thrasher Elementary School

  • 1301 James Blvd

  • 3.60 miles

  • Public District Grades KG-5

school-card-donut-365314
4
/10
  • Red Bank Elementary School

  • 1100 Mountain Creek Rd

  • 5.92 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,926. The most common annual income of people living in Signal Mountain, TN is less than $35k. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT7 Grayson Way

What is the listing price of this property?

The listing price of LOT7 Grayson Way property is $125,000.

What type of property is this?

The property LOT7 Grayson Way is land located in Signal Mountain, Tennessee, 37377.

Is this property for sale now?

Active Listing: LOT7 Grayson Way is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LOT7 Grayson Way is 2.81 acres.
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Rocket HomesTennesseeHamilton CountySignal Mountain37377LOT7 Grayson Way

This home is located at LOT7 Grayson Way in Signal Mountain, TN and zip code 37377. This home sits on a 2.81 acre lot. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $125,000.

In October 2024 more than 8 listings in Signal Mountain, TN were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 20 were sold below. The inventory of homes for sale in Signal Mountain, TN between September 2024 and October 2024 decreased by 9.3%. In October 2024 median list price was $693,166 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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