$10,000 Closing Credit¹
#1506153, Listing Office: Keller Williams Realty
$10,000
closing credit¹
503 Forest Ave Chattanooga, TN 37405
$2,450,000 List price
$10,000
Closing credit¹
4 beds
5 full
5,768 sqft
0.5 acres
$425 / sqft
House
Property details
About 503 Forest Ave
Welcome to LUXURY living on Chattanooga's North Shore. This stunning home combines the best of design & lifestyle all within a short stroll to dining, shopping, the TN River, and Coolidge Park. This designer home features a third-floor wet bar, two bedrooms including the primary suite on the main level, and a terrace level in-law suite featuring a well-appointed kitchen. Enjoy your morning coffee and evening cocktail while taking in majestic view from one of your expansive patios. Views of Lookout Mountain make this home quintessential Chattanooga living. Entertaining family and guests at your resort-inspired pool is sure to create life-long memories for all. All though this home was built in 2020, the current owner/designer put their thoughtful touch on this already well-constructed home, giving it the elegance and design, it deserved. NEW FEATURES include Wide plank, White Oak flooring throughout, interior and exterior paint, Custom wood shutters throughout, the addition of a wine chiller, washer dryer for both laundry rooms, and newly tiled porches. Appraisal completed 12/2024 at a value of $2,650,000.00
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric, Multi Unit(s)
Size5,768 sqft
BasementYes
Lot size0.46 Acres
Year built2020
ParkingConcrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Gated
MLS #1395390
Garage2 spaces
FireplaceGas Log, Living Room
ViewCity, Mountain(s), Other
Summary
- MLS Number: 1395390
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: Keller Williams Realty
- Office Phone: (423) 664-1900
- Office Email: matthew.gann@kw.com
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: 2/8/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,450,000
503 Forest Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 02, 2022 | Home Sold | $2,150,000 |
| Feb 19, 2021 | Home Sold | $163,000 |
| Jan 22, 2015 | Home Sold | $216,500 |
| Apr 03, 2014 | Home Sold | $170,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $253,500 | $5,671 |
| 2022 | $253,500 | $5,671 |
| 2021 | $253,500 | $11,558 |
| 2020 | $30,000 | $829 |
| 2019 | $30,000 | $829 |
| 2017 | $53,450 | $1,478 |
History based on county public records data.
Nearby schools
5
Chattanooga School for The Arts and Science Lower School
Public Magnet KG-5
1.3 mi
•865 E 3rd St
3
Brown Academy
Public Magnet PK-5
1.6 mi
•718 E 8th St
4
Battle Academy
Public Magnet PK-5
2.1 mi
•1601 Market St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,632. Typical income of Chattanooga, TN residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
47%
35k-100k
14%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
7%
Single, with Kids
20%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
3%
12-17 yrs old
36%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Mexican League Soccer
Symphony or Opera
Where do the neighbors shop?
New York & Company
Books-a-Million
Chico's
Where do the neighbors go to eat?
Qdoba
Church's Chicken
Boston Market
What do the neighbors drive?
Infiniti
Toyota
Volvo
What do the neighbors listen to?
Active Rock
Adult Hits
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 503 Forest Ave
This home is located at 503 Forest Ave in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 5,768 square foot home, which was built in 2020, sits on a 0.46 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $2,450,000.
While more than 31 listings in Chattanooga, TN in January 2025 were sold above asking price, there were more than 66 listings sold at asking price, and more than 163 were sold below. The number of listings in Chattanooga, TN decreased by 0.8% between December and January 2025. In January 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $330,891.
From Rocket Homes Real Estate and based on county public records data.