NOT LISTED FOR SALE

24 & 25 Melrose Place Dayton, TN 37321

7.89 Acres
-- Price per Acre
343,688 Sq Ft Lot

Last Sold May 22, 2023

Last sale price $200,000

159 Days on Market

Highlights

  • Docks
  • Boat Slip
  • Gated Community
  • River Access
  • Lake On Lot
  • Waterfront

About This Lot

As of May 2023

Unique opportunity to build your dream home on two adjoining lots of 7.89 acres of level LAKEFRONT and pasture property in the up & coming gated community of Melrose Landing. This is one of the largest acreages in the neighborhood! Lot 24 includes boat slip ''D'' at the community dock that is only steps from the property. There is also a boat ramp and picnic area adjacent to the community dock, which is in Purser's Slough of Tennessee River, with year round deep water access. Lot 25 is eligible to apply for a dock permit with TVA. There is a Sandhill Crane Migration from November to February, with thousands of cranes flying over the property. Lot 24 has a small grove of fruit trees. Melrose Landing is located only a few minutes to dining, shopping and medical facilities in Dayton. It is also conveniently located to Athens, Cleveland, Spring City, Ooltewah and Chattanooga. Buyer to verify school districts, acreage and any other information deemed important. Schedule your showing today!

Last Agent to Sell the Property

Nancy McCarty

Better Homes and Gardens Real Estate Signature Brokers License #340146 Listed on: 11/03/2022

Better Homes and Gardens Real Estate Signature Brokers

Last Buyer's Agent

Daniel Burnside

Lake Homes Realty License #326361

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $536

Lot Details

  • 7.89 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Pie Shaped Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $58 Monthly HOA Fees

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Frazier Elementary School
  • Rhea County Middle School
  • Rhea County High School

Additional Features

  • Water Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 092j A 024 & 025.00

Community Details

Overview

  • Mueller Association
  • Melrose Landing Subdivision

Security

  • Gated Community

Recreation

  • River Access
  • Boat Slip
  • Docks
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$536

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7.89
  • Lot Size: 162.07X530.08(lot 24) & 171.17X935.30 IRR(lot 25)
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Melrose Landing
  • Directions: From downtown Chattanooga, take Hwy 27N to Dayton. RIGHT at light #7 onto TN-30 E/Old Washington Hwy. Drive approx 4 miles and turn RIGHT on Cottonport Rd (indicated on wood sign). Drive approx 2.8 miles and turn RIGHT on Melrose Place into gated community of Melrose Landing. (BrokerBay will provide gate code upon confirmation of showing.) LEFT on Randa Trl (gravel road). Lots 24 & 25 are on the right side of gravel road, down toward water/community dock, picnic tables & boat ramp.
  • Location Tax and Legal Parcel Number2: 092j A 024 & 025.00
  • Location Tax and Legal Elementary School: Frazier Elementary School
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 536.08
  • General Property Information Lot Size Acres: 7.89
  • General Property Information Lot Size Square Feet2: 343688.4
  • General Property Information Lot Size Dimensions: 162.07X530.08(lot 24) & 171.17X935.30 IRR(lot 25)
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Rhea County Middle
  • General Property Information Senior Community YN2: No
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: Yes
  • Utilities:Water Available: Yes
  • View:Water2: Yes
  • Lot Features Partially Cleared: Yes
  • Road Frontage Type County Road: Yes
  • Exterior Features Dock2: Yes
  • Status Change Information Association Name 2: Mueller
  • Disclosures Flood Insurance May Be Required: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Community Features:Gated: Yes

Exterior Features

  • Lot Features: Irregular Lot, Lake On Lot, Level, Pie Shaped Lot, Split Possible, Other, Partially Cleared, Will Not Divide
  • View: Water
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Disclosures: Flood Insurance May Be Required
  • Exterior Features: Boat Slip, Dock
  • Other Structures: None
  • Exterior Features:Boat Slip: Yes
  • Lot Features:Level: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Pie Shaped Lot: Yes
  • Lot Features:Lake On Lot: Yes
  • Waterfront Features:River Access: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 700.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 700.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Frazier Elementary School
  • High School: Rhea County High School
  • Middle Or Junior School: Rhea County Middle

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 343688.4
  • Parcel #: 092j A 024 & 025.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 536.08

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $200,000 -16.7% --
02/02/2023 02/02/23 Off Market $240,000 -- --
11/03/2022 11/03/22 For Sale $240,000 +54.8% --
07/19/2021 07/19/21 Sold $155,000 -3.1% --
06/19/2021 06/19/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $159,900 -- --
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nancy McCarty

    Better Homes and Gardens Real Estate Signature Brokers

    (323) 314-3535

    1 in this area

    39 Total Sales

    Nancy McCarty
    Section Image
  • Daniel Burnside

    Buyer's Agent in 2023

    Daniel Burnside

    Lake Homes Realty

    (423) 994-8389

    3 in this area

    51 Total Sales

    Daniel Burnside
    Section Image
  • Kathy May-Martin

    Seller's Agent in 2021

    Kathy May-Martin

    Coldwell Banker Jim Henry & Assoc.

    (865) 603-7230

    3 in this area

    346 Total Sales

    Kathy May-Martin
    Section Image

  • C

    Buyer's Agent in 2021

    Comps Only

    COMPS ONLY

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1364951

Greater Chattanooga REALTORS®
Tennessee Rhea County Dayton 37321

24 & 25 Melrose Place, Dayton, TN

This home is located at 24 & 25 Melrose Place, Dayton, TN 37321 since 03 November 2022. 24 & 25 Melrose Place is a home located in Rhea County with nearby schools including Rhea County High School.

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