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Listed price in listed location currency (USD).
$325,000
$350,000

211

MLS® 2965193

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential
Size 1176 sqft
Garage 
Taxes $2,059
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $297
MLS® Number 2965193

Property Address: 505 Ashland Ter, Chattanooga, TN, 37415-4216

Average square foot calculated using Size range provided by listing agent.

Description

Charm, Opportunity & Prime Location: Your 2-Acre Opportunity on Ashland Terrace Discover a truly unique offering at 505 Ashland Terrace, a charming 1930s home situated on a generous 0.54-acre lot, offered in conjunction with the adjacent 1.48-acre corner lot at Ashland Terrace and Crestview Drive. This combined approximate 2-acre parcel presents an unparalleled opportunity for homeowners and developers alike to realize their vision in a highly convenient and evolving area. Step inside to discover a classic 2-bedroom, 1-bathroom home, exudes vintage character with its spacious living room and a dedicated dining room, perfect for gatherings. While the fireplace is non-working, it offers a beautiful architectural detail to enhance your future design. Practical features include a dedicated laundry room and a durable metal roof, providing long-term peace of mind and low maintenance. Beyond the existing home, the true value of this offering lies in the expansive land. The additional 1.48-acre lot, strategically located at the corner of Ashland Terrace and Crestview Drive, significantly amplifies the property's potential. The combined parcel offers ample outdoor space, perfect for creating a private oasis, extensive gardens, or a family recreation area. The back of the larger lot is sloped, providing opportunities for creative landscaping or unique building designs. Enjoy the benefits of a convenient location with easy access to the amenities of Red Bank, the major thoroughfare of Hixson Pike, and the vibrant dining, shopping, and attractions of downtown Chattanooga. This rare offering of a home with a significant adjacent development-ready parcel won't last. Whether you're seeking a substantial private residence with room to grow, or a strategic investment with diverse development opportunities, 505 Ashland Terrace and its accompanying land are ready for your vision. Don't miss out on this exceptional opportunity. Schedule your private showing today!
MLS® Number2965193
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementNone
DrivewayDetached, Attached, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Not available

Price History

Aug 1, 2025End Date
$325,000Sold Price

Sold

Aug 1, 2025List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
505 Ashland Ter, Chattanooga, TN

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