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31 Minnekahda Place, Chattanooga, TN 37405

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For Sale

$7,995,000

16 beds14 baths15,196 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $526.13
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Built in 1917 by the Patten family, this all brick, 15,196 +/- square foot home is strategically positioned a 3.3 +/- acre lot on one of Riverview's highest points with stunning views on 3 sides of downtown Chattanooga, the Tennessee River, and our local mountains. The family once owned the entire hill, and the original entry to the estate still stands as evidenced by the columns at the base of Minnekahda Pl near the entrance to Bright School. Long since developed into a desirable Riverview neighborhood, Minnekahda Pl culminates at the property and home site at the top of the hill with circular driveways both in front of the home and in back. Mature landscaping, a breezeway to a covered patio with stunning views and the columned covered front porch add to the stately and curb appeal. Once a grand single-family home, the building has 2 stories over a partially finished basement and is currently configured into 7 units, 5 with 2 bedrooms and 2 baths, and 2 with 3 bedrooms and 2 baths. All of the units have spacious rooms, wonderful natural lighting, and varying degrees of updating. You will love all of the features reminiscent of this era, including the tall ceilings, mostly hardwood and tile floors, glass doorknobs, many antique light fixtures, crown moldings, 5 fireplaces, original decorative radiator cabinetry and old-world charm. Some of the units have their own laundry hook-ups, and there is a common laundry room in the basement, along with extra storage and a 2-bay garage. Additional parking is offered by a detached carport, and there is plenty of room for additional off-street parking for residents or when entertaining guests. The property offers a unique opportunity to own an estate sized home with acreage in a highly desirable locale. The property is currently held as a coop with the current owner holding 100% of the shares; however, the status can be changed if preferred. Whether you are looking to keep the current ownership and apartment structure, potentially convert the units to condos, or return the home to its original single-family glory, then this could be the property that you have been seeking. Located just minutes from schools, parks, hospitals, the Chattanooga Golf and Country Club, the shopping and restaurants of the North Shore and downtown Chattanooga, so please call for more information and to schedule your private showing. Pre-qualification is required. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
MLS# 1389990

Courtesy Of Keller Williams Realty Greater Downtown

(423) 664-1900

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock, Porch, Patio
  • Appliances
    Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood, Tile, Vinyl
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    3.3 Acres

Home seller CENTURY 21 Prestige

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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