497 Wayne Avenue Chattanooga, TN ^$ 550,000

497 Wayne Avenue

^$ 550,000

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Recently Listed

497 Wayne Avenue

Chattanooga, TN, 37405

^$ 550,000

Studio Baths0.0

Monthly Estimate*

^$ 3,386

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Studio

Lots and Land for sale in Chattanooga, TN

for $550,000.

This is a rare opportunity for North Chattanooga land. These lots are only minutes to Downtown Chattanooga and have view of Signal and Raccoon Mountain. There are a total of 4 lots that are available for purchase. These lots have not been subdivided you so it is a perfect opportunity to get the exact lot that you want or for a small development opportunity.

Lots and Land Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 897

Style

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1530898

Features

General

Sewer Public Sewer

Utilities Cable Available Electricity Available Phone Available Water Available

Possession Close Of Escrow

Zoning R-1

Property Subtype Unimproved Land

Additional Parcels Description There are a total of 4 lots available that are joined

County Hamilton

Property Type Land

HOA N

Subdivision Name Valhambrosia

Other Structures None

Status Active

Directions Hwy 27 to Manufactures Rd. Right on Compress St Right on Riverside Ave Left on Whitehall Rd. Left on Wayne Ave.

High School Red Bank High School

City Chattanooga

Senior Community Y/N N

Zoning Description Single-Family Residential District

MLS Area Chattanooga

Lot Size Square Feet 0.0

Listing Terms Cash Conventional FHA VA Loan

Elementary School Red Bank Elementary

Land Lease Y/N N

Tax Annual Amount 897.46

Middle/Junior High School Red Bank Middle

Lease Renewal Y/N N

MLS Area Minor Chattanooga

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Legal Description LT 143 VALHAMBROSIA PB 4 PG 17 & 18 REV 119-37

New Construction None

Exterior

Lot Features Rectangular Lot Sloped Views Wooded See Remarks

Water Source Public

Lot Dimensions 50X150

Lot Size Acres 0.0

Road Surface Type Asphalt Paved

Waterfront Y/N N

Number of Lots 1

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Baths 0

Internal Only

Street Number 1 497

* Excluded Features

List By

Real Estate Partners Chattanooga Llc

Broker

travis@TravisCloseHomes.com

Affordability Calculator

$3,461

Per Month

Monthly Principal & Interest: $3,386
Monthly Property Taxes: $75
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Chattanooga, TN

Average List Price ^$390,086

Percent of Sale Price 29%

About Chattanooga, TN

184,934 Population

16% Since 2002

^$44,682 Median Income

38.38 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1547927 Elementary School

1547449 Middle School

Red Bank High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/22/2026	$550,000		Listed Price

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497 Wayne Avenue, Chattanooga, TN, 37405 is a Lots and Land for sale at $550,000. 497 Wayne Avenue is a studio with 0.0 baths. The property's zip code is 37405 which is in Chattanooga, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing provided courtesy of The Internet Data Exchange (MLS Data Share) Program of The Multiple Listing Service of Chattanooga, Inc. The information being provided is 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.

Data is updated as of 3/24/2026.

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497 Wayne Avenue

Lots and Land for sale in Chattanooga, TN

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