TN > Chattanooga
Chattanooga, TN 37415,6 Lupton DR
Chattanooga, TN 37415,6 Lupton DR
Chattanooga, TN 37415,6 Lupton DR
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Found It Team

Found It Team

+1(800) 790-7576
$3,500,000
Est. payment /mo
6.49 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1502278

Originating Board Greater Chattanooga REALTORS®

Lot Size 6.490 Acres

Acres 6.49

Property Sub-Type Unimproved Land

Property Description

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.)

Location

State TN

County Hamilton

Area 6.49

Zoning Residential Apartment/Townhouse District

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Garage No

Building

Lot Description Gentle Sloping, Level, Many Trees, Sloped, Wooded, Will Not Divide

Faces From Downtown Chattanooga: Take Veterans Bridge across the river. In 2 miles, keep left onto Hixson Pike. In 3 miles, turn right onto Lupton Drive. Property is on the left.

Sewer Public Sewer

Water Public

Additional Building None

Schools

Elementary Schools Rivermont Elementary

Middle Schools Red Bank Middle

High Schools Red Bank High School

Others

Senior Community No

Tax ID 118f C 048

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Keller Williams Realty
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