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204 Mathes Ln Unit 5, 6, 7 & 8, Signal Mountain, TN, 37377

$600,000

5.42 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
ViewOther, Trees/Woods
MLS #1370144
Lot Size5.42 Acres
StatusActive

About 204 Mathes Ln Unit 5, 6, 7 & 8

Rare opportunity to purchase a 5+ acre home site in Signal Mountain's highly desired and established Old Towne. The home site(s) has SEWER APPROVAL and will offer partial views of Lookout Mountain and stunning mountain scenery. Just minutes from downtown Chattanooga, this gorgeous property is located in the established cul-de-sac of Mathes Ln and is ready for you to start the building process. Your backyard would include gorgeous rock formations and mature trees. Located around the corner from the famous Signal Point hiking trail, Edwards Point, Rainbow Lake Wilderness Park and numerous other hiking trails and overlooks that are absolutely breathtaking. Also nearby is the Signal Mountain Golf and Country Club, Mayfly Coffee, CVS Pharmacy, Pruett's Signal Mountain Market Grocery, restaurants and shopping and all that Signal Mountain offers. Offered for sale as 4 total parcels (Lot 5 which is 204 Mathes Ln plus Lot 6, 7 and 8). Zoned for award winning Thrasher Elementary School, Signal Mountain Middle and High School. The Baylor School (private) is located minutes away at the foot of the mountain. The University of Tennessee - Chattanooga is just minutes away downtown. Build your home and enjoy true Signal Mountain living in beautiful East Tennessee.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Realty Center

Exterior Features

Exterior Information:

  • View: Other, Trees/Woods

Lot Features

Lot Information:

  • Lot: Level, Sloped, Wooded
  • Lot Size: 5.42 Acres

School Info

Assigned Schools Information:

  • Signal Mountain Middle - High School, Public Magnet Grades 6-12
  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Thrasher Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Signal Mountain Blvd., sharp left at top of mountain before traffic light. Left on Mississippi, Left on Riverpoint, Left on Brady Point, Right on Mathes, end of cul-de-sac. Lot 5 along the left and Lot 6-8 straight ahead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
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Housing Market Comparison

See how this home compares to others in Signal Mountain, TN.

Med. Sold Price

$650K

Med. Price/SqFt

$234

Avg. Days On Market

113

# of Sold Homes

15

204 Mathes Ln Unit 5, 6, 7 & 8 vs Signal Mountain

421 DAYS ON ROCKET

+308 Days

$600,000

-$50K Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price in Signal Mountain, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1370144

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Realty Center

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© 2024 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: 5/4/2024, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5985927
8
/10
  • Thrasher Elementary School

  • 1301 James Blvd

  • 2.33 miles

  • Public District Grades KG-5

High School

school-card-donut-5985928
8
/10
  • Signal Mountain Middle - High School

  • 2650 Sam Powell Trl

  • 3.21 miles

  • Public Magnet Grades 6-12

school-card-donut-5985929
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 5.72 miles

  • Public District Grades 6-12

school-card-donut-5985930
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 6.79 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,063. The most common annual income of people living in Signal Mountain, TN is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 204 Mathes Ln Unit 5, 6, 7 & 8

What is the listing price of this property?

The listing price of 204 Mathes Ln Unit 5, 6, 7 & 8 property is $600,000.

What type of property is this?

The property 204 Mathes Ln Unit 5, 6, 7 & 8 is land located in Signal Mountain, Tennessee, 37377.

Is this property for sale now?

Active Listing: 204 Mathes Ln Unit 5, 6, 7 & 8 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 204 Mathes Ln Unit 5, 6, 7 & 8 are:
Thrasher Elementary School: GreatSchools Rating 8/10
Signal Mountain Middle - High School: GreatSchools Rating 8/10
Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10
STEM School Chattanooga: GreatSchools Rating 8/10

How much acreage is this property?

The property 204 Mathes Ln Unit 5, 6, 7 & 8 is 5.42 acres.
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Rocket HomesTennesseeHamilton CountySignal Mountain37377204 Mathes Ln Unit 5, 6, 7 & 8

This home is located at 204 Mathes Ln Unit 5, 6, 7 & 8 in Signal Mountain, TN and zip code 37377. This home sits on a 5.42 acre lot. It has been listed on Rocket Homes since March 09, 2023 and is currently priced at $600,000.

In April 2024, from all listings sold in Signal Mountain, TN there were more than 4 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. In April 2024 in Signal Mountain, TN there were 4.4% less homes for sale than in March 2024. The median list price of listings available in April 2024 was $650,000, while the average time on the real estate market was 113 days.

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

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