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

502 Lullwater Road, Chattanooga, TN 37405 (MLS # 1538370)

Price $274,900
Status Active
Beds 3
Baths 1 Bath
Home size 1,140 sqft
Lot Size 13,068 sqft
Days on Market 2
Tucked into a quiet wooded valley at the southern end of Red Bank, this 3-bedroom, 1-bath home offers a peaceful setting with I-24, downtown, and multiple parks within 10 minutes--without Northshore prices or Chattanooga's 38% higher tax rate. The expensive, unglamorous work was done in 2022: new roof, new gutters, new double-pane windows, new commercial water heater, encapsulated crawlspace with drain and dehumidifier, new ductwork, and HVAC updates. Bathroom has an all-tile shower with bench. 2 flexible rooms can create a large and sunny bedroom with private entrance, office, rec room, playroom, formal dining area, or workshop. Outside offers a large deck, fenced yard with southern exposure for gardening, carport, shed, and extra privacy thanks to adjacent city utility land. Not a modern flip, but not a reno project--ideal for buyers seeking a safe, reliable sanctuary without paying a premium for purely cosmetic work. Buyer encouraged to have agent; pre-qualification letter required.
Property Type(s): Single Family
Last Updated 7/9/2026 Tract Rustic
Year Built 1960 Community Red Bank
County Hamilton

SCHOOLS

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

Additional Details

AIR Central Air, Electric, Humidity Control
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Free-Standing Gas Range, Gas Water Heater, Refrigerator
AREA Red Bank
BASEMENT Crawl Space, Yes
CONSTRUCTION Vinyl Siding
EXTERIOR None
FIREPLACE Yes
HEAT Central, Electric
LOT 0.3 acre(s)
LOT DESCRIPTION Level
LOT DIMENSIONS 90X150
PARKING Other
SEWER Public Sewer
STORIES 1
STYLE Contemporary
SUBDIVISION Rustic
TAXES 1780.01
UTILITIES Cable Available, Electricity Available, Sewer Connected, Water Connected
WATER Public

Location

 

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This site was last updated on 7/10/26 2:26 PM PDT

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  • 3 Decades Serving TN, GA, AL
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  • 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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1830 Washington Street Chattanooga, TN 37408 423.664.1900