471 Grayson Way
Signal Mountain, TN, 37377 $ 390,000
Bedrooms5 Baths3.0 Sq 2,196 Monthly Estimate*
$ 2,463
for $390,000 with 5 bedrooms and 3 full baths. This 2,196 square foot home was built on a lot size of 1.8.
Welcome to 471 Grayson Way! This completely undisturbed, flat-terrained Signal Mountain property offers its next owner or investor the unique opportunity to own: A 3 Bed, 2 Bath manufactured home alongside a large detached 2-Car garage plus workshop, as well as a storage barn, A 2 Bed, 1 Bath manufactured home (ideal for potential rental opportunities), and an additional third land parcel offering over half an acre, of which is already equipped with its own dedicated power pole, water line and septic system for any future building possibilities. All three land parcels are nearly 0.6 acres (estimated). Per the owner, both existing manufactured homes have been professionally detitled, streamlining the path for conventional loan financing or future transactional processes. This is a truly unique opportunity here atop one of Chattanooga's beautiful mountain ranges. This is one of those properties you won't want to miss! Parcel #'s 092 071.03 & 092 071.11 are included in this sale. Buyer is responsible for verifying all information, such as: restrictions, lot lines, zoning restrictions, viability of use for buyers intended purposes, STVR compliance, utility costs, square footage, listed school zones, electric vs. gas, propane tank, sewer/septic, tank/well, fireplace concerns, HOA fees, and dues. Anything else of concern to the Buyer, should be verified by the Buyer, prior to the end of their Inspection Period.
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Single Family Coming Soon
FeaturesGeneralSewer Septic Tank
Heating Other
Cooling See Remarks
Utilities Water Connected
Garage Spaces 2.0
Construction Materials Other
Year Built 1994
Property Subtype Single Family Residence
Community Features Other
Additional Parcels Description Parcel's 092 071.03 & 092 071.11 are included in the sale.
County Sequatchie
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Total Rooms 0
Full Baths 3
Status Coming Soon
Directions Take Taft Hwy to Grayson Way. Turn left and this property will be down a gravel driveway on the left!
High School Sequatchie High
City Signal Mountain
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 78408.0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Griffith Elementary School
Land Lease Y/N N
Tax Annual Amount 186.41
Home Warranty Y/N N
Middle/Junior High School Sequatchie Middle
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Coming Soon
Legal Description District/Ward: 08
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ExteriorExterior Amenities Other
Fencing Other
Parking Features Other
Lot Features Other
Water Source Public
Lot Size Area 1.8
Foundation Details See Remarks
Spa N
Building Area Total 2196.0
Lot Dimensions 145X181
Lot Size Acres 1.8
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFlooring Other
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2196.0
Half Baths 0
Total Bedrooms 5
Total Baths 3
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* Excluded FeaturesList ByReal Estate Partners Chattanooga LlcBroker
jhennessy@homesrep.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,463
- Monthly Property Taxes
- $16
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Signal Mountain, TN
Average List Price $963,621
Percent of Sale Price 147%
About Signal Mountain, TN 8,463 Population
6% Since 2002
$ 95,216 Median Income
46.62 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
1547422 Elementary School
1548014 Middle School
Sequatchie High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/3/2026 | $390,000 | | Listed Price |