Why Live in Bonny Oaks-Highway 58
Bonny Oaks-Highway 58 in Chattanooga is a suburban neighborhood known for its mid-20th-century homes and newer craftsman-style houses. Developed after the relocation of Highway 58 for the Chickamauga Dam project, the area has seen little change until recently, with new homes now being built. The neighborhood's gridded streets and cul-de-sacs feature homes with driveways and some multi-car garages. Bonny Oaks-Highway 58 is experiencing a resurgence due to its proximity to job opportunities and downtown Chattanooga, which is 8 miles west. The area is served by Hamilton County Schools, with options like Harrison Elementary, Brown Middle School, and Central High School, as well as the Chattanooga School for the Liberal Arts.
Local attractions include Lake Hills Park with its green space and walking path, and Booker T. Washington State Park, offering trails, fishing piers, a swimming pool, and playgrounds. Chickamauga Lake nearby provides boating, fishing, and swimming opportunities. The Washington Hills Community Center offers indoor and outdoor recreational facilities, while the Tennessee Valley Railroad Museum provides train rides and tours. Shopping needs are met by Lake Hills Shopping Center, featuring Food City, United Grocery Outlet, and Walgreens Pharmacy, along with Linda’s Produce for fresh fruits and vegetables. Dining options include Ankar's Hoagies and Highway 58 BBQ.
The neighborhood is mostly car-dependent, with an industrial park 2 miles east housing companies like Volkswagen and Amazon. Chattanooga Metropolitan Airport is 3 miles south, making travel convenient.
Home Trends in Bonny Oaks-Highway 58, TN
On average, homes in Bonny Oaks-Highway 58, Chattanooga sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Bonny Oaks-Highway 58, Chattanooga over the last 12 months is $274,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$274,000
Median Single Family Sale Price
$269,950
Median Townhouse Sale Price
$263,000
Average Price Per Sq Ft
$175
Number of Homes for Sale
18
Last 12 months Home Sales
107
Median List Price
$275,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%
