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3 Beds
1 Bath
1,140 sqft

$239,900

502 Lullwater Road, Chattanooga TN, 37405

Price per sqft$210.44
Built in1960
Property size1,140 sqft
Property typeResidential
Courtesy of Jenna Flynn, Flynn Realty,615-981-1249

Overview

Active

Listed Jul 9, 2026

Updated 2 weeks ago

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.

$1,596/mo

Est. mortgage payment based on a $239,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1538370

Interior Features

Bedrooms
3
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$1,780
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Jenna Flynn, Flynn Realty,615-981-1249 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Carol Burns shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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