Leaders in Homes • Estates • Land • Farms for 3 Decades

6 Lupton Drive, Chattanooga, TN 37415 (MLS # 1502278)

Price $3,500,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 6.49 ac
Days on Market 12
RESIDENTIAL MULTI-FAMILY DEVELOPMENT OPPORTUNITY - Anticipated updated zoning to RN-3 allows for potential density of 297 units. - 10 Minutes to Downtown Chattanooga, walkable to restaurants and recreation! Add to your investment portfolio, develop, or hold through the build-up of surrounding properties. 6.49± acres, conveniently located within the City. Flexible multi-family zoning offers an opportunity for single family homes, townhomes, apartment complexes, and more. Just off well-traveled Hixson Pike, owners will note the proximity to Downtown Chattanooga and Hixson areas for dining, shopping, medical, education, and entertainment needs. Offering 804± feet of road frontage on Lupton Drive, with sewer, power, and Fiber Optics connectivity. Utilize this 6.49± acres to develop up to 297 multi-family units.* Located across from Rivermont Park ball fields, tennis courts, pavilion, and PUBLIC BOAT RAMP! Short 1-minute drive to Champions Club Tennis Complex and the new Lupton Mills Meadow, a 12-acre city park with walking trail. 5 minutes to the luxurious Riverview estate community. Nine minutes from popular North Shore offerings including Coolidge Park, Renaissance Park, the Walnut Street Walking Bridge, Hunter Museum of Art, and Bluff View Art District. Dining out is made easy here with walkable SideTrack Restaurant, 5 minutes from North Shore favorites like Il Primo, Daily Ration, and Tremont Tavern. Grocery options nearby include Food City and Wal-Mart Neighborhood Market. Big box stores including Target, Lowe's, The Home Depot, shopping, and dozens of local and national chain restaurants, all less than 10 minutes away. Commutes made easy = 12 minutes to I-24, 14 minutes to CHA Airport, and 18 minutes to I-75. 11 minutes from the University of Tennessee at Chattanooga's campus and within 10 minutes of various educational opportunities, including walkable Rivermont Elementary. This opportunity is surrounded by established, new, and upcoming developments like The Overlook, The Enclave at Riverview, and new Riverton Farms, an incredible luxury riverfront community. This gated community is currently in progress with construction starting soon. Schedule your private tour to maximize this Chattanooga investment opportunity! (*Anticipated updated zoning to RN-3 allows for potential density of 297 units. Any and all property lines on photos are simulated and are approximate. Some images may be virtually staged. 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 Type(s): Lot/Land/Acreage
Last Updated 10/25/2024 Tract None
Year Built 0 Community Chattanooga
County Hamilton

SCHOOLS

Elementary School Rivermont Elementary
Jr. High School Red Bank Middle
High School Red Bank High School

Additional Details

AREA Chattanooga
LOT 6.49 acre(s)
LOT DESCRIPTION Gentle Sloping, Level, Many Trees, Sloped, Wooded
SEWER Public Sewer
SUBDIVISION None
TAXES 1525.68
UTILITIES Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
WATER Public
ZONING Residential Apartment/Townhouse District

Location

 

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Listing Courtesy of Keller Williams Realty

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This site was last updated on 11/6/24 1:05 AM PST

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  • 3 Decades Serving TN, GA, AL
  • Top 1% in Sales, Greater Chattanooga
  • Chatt’s 1st Accredited Land Consultant: investment, recreational, development, conservation, agriculture
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  • Relocation Specialists for University of TN Chatt, Erlanger Hospital
  • Realtors Land Institute, TN Board Member
  • 4-Generation Chattanoogan,
    Todd Henon

Todd Henon Properties 423.413.4507 direct Info@ToddHenon.com Keller Williams Realty Greater Downtown Realty 1830 Washington Street Chattanooga, TN 37408 423.664.1900

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GREATER CHATTANOOGA

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GREATER DOWNTOWN

1830 Washington Street Chattanooga, TN 37408 423.664.1900