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6 Lupton Drive, Chattanooga, TN 37415

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For Sale

$3,500,000

6.49 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 6.5 acres
    Lot size

Explore this Property

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.)
MLS# 1502278

Courtesy Of Keller Williams Realty Greater Downtown

(423) 664-1900

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    6.49 Acres

Map and Directions

Directions to 6 Lupton Drive, Chattanooga, TN 37415

Home seller CENTURY 21 Prime South

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

CENTURY 21 Prime South

(423) 821-5551
Learn More About Us

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Copyright © 2024 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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