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5023 Mimosa Trail Chattanooga, TN $ 340,000
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5023 Mimosa Trail
$ 340,000
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5023 Mimosa Trail

Chattanooga, TN, 37416
$ 340,000
Bedrooms4 Baths2.2 Sq 3,105

Monthly Estimate*

$ 2,093

5023 Mimosa Trail, Chattanooga, TN 37416 - Image 1
5023 Mimosa Trail, Chattanooga, TN 37416 - Image 2
5023 Mimosa Trail, Chattanooga, TN 37416 - Image 3
5023 Mimosa Trail, Chattanooga, TN 37416 - Image 4
5023 Mimosa Trail, Chattanooga, TN 37416 - Image 5

Single Family Home for sale in Chattanooga, TN

for $340,000 with 4 bedrooms and 2 full baths, 2 half baths. This 3,105 square foot home was built on a lot size of 0.28.

Coming Soon . Available now by appointment only. Welcome to 5023 Mimosa Trail, a one-of-a-kind tri-level home offering over 3,000 sq ft of space, character, and craftsmanship. Built in 1966 as one of the first homes in the Mimosa Park neighborhood, this property sits proudly on a corner lot surrounded by mature landscaping, including crape myrtles and magnolia trees. Featuring 4 bedrooms, 2 full baths, 2 half baths, 2 living areas, a spacious dining room that can easily seat 16-20 with a fireplace, a solarium, a laundry room, and a finished lower level with a fireplace, an office, access to the back yard, and a traditional soaking clawfoot tub. Ample closets, nice sized rooms. This home is designed for those that love large gathering spaces, for both comfort and entertaining. Lovingly cared for by its original owner, Ruby Mae Gibbs--a Chattanooga legend who cared for over 20 foster children and her own children and still made time to landscape, to cook for everyone, to be a good neighbor and steward of her land, and she taught us all how to live a full and gracious life. Every corner reflects care and pride. Make an appointment to see today. Estate sale to be in May. Home is being sold AS-IS. Appraised October 2025 at $340,000. Offer(s) including contents are being accepted. Please allow a 40-day closing for court approval. This is more than a home -- it's a legacy ready for its next chapter. Located in Mimosa Park right of Highway 58. Minutes from 153 and the lake. Close to everything and ready for its new life.

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Single Family Active

Price

$ 340,000

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 1,931

Style

Split Foyer

Lot Size

0.28

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1532523
Features
Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Eat-in Kitchen Entrance Foyer Pantry Plumbed Separate Dining Room Separate Shower Sitting Area Storage Tub/shower Combo
Basement Finished Full
Flooring Tile Wood
Fireplace Features Basement Dining Room Propane
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2105.0
Half Baths 2
Laundry Features Laundry Room Main Level
Total Bedrooms 4
Below Grade Finished Area 1000.0
Total Baths 4
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General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available Electricity Connected Phone Available Sewer Available Water Available
Possession Close Of Escrow
Roof Metal
Appliances Refrigerator Range Hood Microwave Ice Maker Free-Standing Refrigerator Electric Water Heater Electric Range Double Oven Dishwasher
Patio/Porch Features Front Porch Rear Porch
Architectural Style Split Foyer
Pool Features None
Security Features Fire Alarm
Construction Materials Brick
Year Built 1966
Stories Count 3
Levels Tri-Level
Property Subtype Single Family Residence
Community Features Street Lights
County Hamilton
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Mimosa Park
Garage Y/N N
Other Structures Storage Other
Total Rooms 13
Full Baths 2
Status Active
Directions Highway 58 north turn right on Swan Rd and take the immediate left onto Mimosa Trail home is on the corner 1/4- 1/2 mile on the left.
High School Central High School
City Chattanooga
Senior Community Y/N N
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 12196.8
Carport Y/N N
Listing Terms Cash Conventional
Spa Features None
Elementary School Harrison Elementary
Land Lease Y/N N
Tax Annual Amount 1931.78
Home Warranty Y/N N
Middle/Junior High School Brown Middle
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Occupancy Type Vacant
Legal Description Lt 33 Mimosa Park Pb 22 Pg 79
Year Built Effective 1966
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Exterior
Exterior Amenities Covered Courtyard Garden Lighting Storage
Fencing None
Parking Features Driveway Off Street
Lot Features Corner Lot Greenbelt
Water Source Public
Inclusions All appliances- Kitchen appliances Refrigerator and Washer and Dryer and exterior shed- all convey.
Lot Size Area 0.28
Foundation Details Permanent
Spa N
Building Area Total 3105.0
Lot Dimensions 100X157.1
Lot Size Acres 0.28
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
Other Equipment Call Listing Agent Negotiable
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5023
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* Excluded Features
List By
Zach Taylor - Chattanooga

Broker

erinbolingerrealtor@gmail.com

Email

Affordability Calculator

$2,254
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,093
Monthly Property Taxes
$161
Monthly 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
1547876 Elementary School
1547369 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/14/2026$340,000 Listed Price

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5023 Mimosa Trail, Chattanooga, TN, 37416 is a Single Family Home for sale at $340,000 with 3,105 sqft and a lot size of 0.28. 5023 Mimosa Trail has 4 bedrooms and 2.2 baths. The property's zip code is 37416 which is in Chattanooga, TN

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