$329,900

501 Reads Lake Rd Chattanooga, TN 37415

$3,918
Closing credit¹
4 beds
2 full
1,724 sqft
1.2 acres
$191 / sqft
House

Property details

About 501 Reads Lake Rd

A Private Oasis with Stunning Mountain Views - Your Retreat at Reads Lake! Set on over an acre of land—including a rare extra lot—Reads Lake Road offers the kind of privacy and space that's nearly impossible to find in Red Bank. Whether you're hosting outdoor gatherings or savoring peaceful evenings at home, the expansive yard provides endless possibilities. Also check out the brand new paved driveway! For the perfect finishing touch, enjoy unforgettable moments on your massive rooftop deck with breathtaking mountain views, ideal for relaxing under the stars. Inside, the home is designed with both style and function in mind. The open-concept kitchen boasts elegant Honed Black Stone countertops, stainless steel appliances, and a versatile bar top—perfect for family breakfasts or entertaining guests. A spacious walk-in pantry adds practical storage to this beautiful, welcoming space. Retreat to your private master suite, where a luxurious walk-in shower offers a daily escape. Every corner of the home has been carefully updated, with brand-new HVAC, plumbing, and electrical systems, plus a newly paved road and city sewer connection—all ensuring a stress-free move-in experience. With four bedrooms and two bathrooms, this home provides plenty of room to live and grow. This is more than just a house—it's a retreat with space, privacy, and views you won't find anywhere else--all within just 10 minutes from downtown Chattanooga. Schedule your showing today and discover why Reads Lake is truly one of a kind! *Agent has personal interest in the property.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Electric
Size1,724 sqft
Lot size1.16 Acres
Year built1927
ParkingCircular Driveway, Driveway, Gravel, Off Street, Paved
MLS #1506211
ViewMountain(s)

Summary

  • MLS Number: 1506211
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Working Moms Realty LLC
  • Office Phone: (423) 826-9093
  • Office Email: admin@workingmomsrealty.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bungalow-style house featuring covered porch

$329,900

501 Reads Lake Rd

$3,918

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 26, 2019
Home Sold
$49,900

Tax history

YearAssessmentProperty Tax
2023$11,475$518
2022$11,475$422
2021$22,600$614
2020$14,575$986
2019$14,575$833
2017$14,575$803

History based on county public records data.

Nearby schools

6

Alpine Crest Elementary School

Public District KG-5

1.4 mi

4700 Stagg Rd

4

Red Bank Elementary School

Public District PK-5

1.9 mi

1100 Mountain Creek Rd

5

Rivermont Elementary School

Public District PK-5

2.2 mi

3330 Hixson Pike

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,742. Typical income of Chattanooga, TN residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

37%
<35k
51%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
36%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 Reads Lake Rd

This home is located at 501 Reads Lake Rd in Chattanooga, TN and zip code 37415 in the Mountain Creek / Moccasin Bend neighborhood. This 1,724 square foot home, which was built in 1927, sits on a 1.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $329,900.

While more than 54 listings in Chattanooga, TN in February 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 176 were sold below. The inventory of homes for sale in Chattanooga, TN between January and February 2025 increased by 4.9%. Listings spent 40 days on the market in February 2025, and had a median list price of $333,246 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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