8756 Grey Reed Drive Ooltewah, TN $ 400,000
8756 Grey Reed Drive
$ 400,000
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8756 Grey Reed Drive

Ooltewah, TN, 37363
$ 400,000
Baths0.0

Monthly Estimate*

$ 2,526

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Studio

Lots and Land for sale in Ooltewah, TN

for $400,000. The lot size is 0.59.

Rare Lake Access Opportunity in Savannah Cove! One of only two remaining lots for sale in Savannah Cove, these two lots are located side-by-side at the end of a cul-de-sac in this desirable Ooltewah community. This particular lot offers a beautiful setting with the added potential for future lake access. The community is currently pursuing approval for a community boardwalk extending from the cul-de-sac to a proposed community dock. Each of the cul-de-sac lots, including this property, is proposed to have the right to build an individual boat slip onto the community dock, with an estimated construction cost of approximately $30,000. This is a unique opportunity to build your dream home in a beautiful community while potentially enjoying convenient boat access just steps from your property. With the two remaining lots being side-by-side, there may also be an opportunity for buyers looking for adjacent properties for family, friends, or additional flexibility. Boardwalk, dock, boat-slip rights, and construction are subject to applicable approvals. Contact the listing agent for additional information regarding the proposed community dock and boat-slip opportunity.

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Lots and Land Active

Price

$ 400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 467

Style

Lot Size

0.59

Town/City

Ooltewah

County/Region

Hamilton

MLS | Web ID

1540654

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
Zoning R-1
HOA Fee 750.0
View Water Other
Property Subtype Unimproved Land
Assoc Fee Paid Per Annually
County Hamilton
Property Type Land
HOA Y
Subdivision Name Savannah Cove
Possible Use Single Family
Other Structures None
Status Active
Directions Ooltewah Georgetown Rd north left on Roy lane right into Savannah Cove. Lot is in the Cul-de-sac.
High School Ooltewah
City Ooltewah
Senior Community Y/N N
Zoning Description Single-Family Residential District
MLS Area County
Lot Size Units Acres
Lot Size Square Feet 25700.4
Listing Terms Cash Conventional
Elementary School Ooltewah Elementary
Land Lease Y/N N
Tax Annual Amount 467.97
Middle/Junior High School Ooltewah Middle
Lease Renewal Y/N N
MLS Area Minor County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description LT 20 SAVANNAH COVE PB 119 PG 126 R EV PB 129 PG 76 OUT OF 104 020 FOR 2021
New Construction None
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Exterior
Exterior Amenities Dock
Lot Features Cleared Irregular Lot Will Not Divide
Water Source Public
Lot Size Area 0.59
Lot Dimensions 118X258X28X124X171
Lot Size Acres 0.59
Road Surface Type Paved
Waterfront Y/N Y
Road Frontage Type Private Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 8756
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* Excluded Features
List By
Better Homes And Gardens Real Estate Signature Brokers

Broker

joey@sigfirm.com

Email

Affordability Calculator

$2,565
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,526
Monthly Property Taxes
$39
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.
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Nearby
1547710 Elementary School
1547968 Middle School
Ooltewah High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$400,000 Listed Price

Map


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8756 Grey Reed Drive, Ooltewah, TN, 37363 is a Lots and Land for sale at $400,000 with a lot size of 0.59. 8756 Grey Reed Drive is a studio with 0.0 baths. The property's zip code is 37363 which is in Ooltewah, TN