23 days on rocket

8291 Georgetown Bay Dr, Ooltewah, TN, 37363

$1,695,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
4,834 SqFt
$351/SqFt
House
Schools Nearby

Location

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8291 Georgetown Bay Dr, Ooltewah$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage, 3 Car Garage or more, Attached, Basement, Front Loading, Main Level, Off Street Parking, Rear Loading, Utility Garage
Attached Garage5 spaces
Year Built2011
HeatingCentral, Electric
CoolingMulti Unit(s), Central Air, Electric
BasementYes
FireplaceGas Logs, In Bedroom, In Great Room, See Through
ViewMountain(s), Other, Water
Private PoolYes
MLS #1389862
Lot Size0.50 Acres
StatusActive

About 8291 Georgetown Bay Dr

Welcome to your stunning lakefront retreat in the prestigious Georgetown Bay community of Ooltewah. This luxurious home offers unparalleled waterfront living with breathtaking lake views and direct access to the water. Designed for unforgettable summers with your family, this home boasts a plethora of amenities to enhance your lakefront experience. From the PRIVATE covered boat dock with a boat lift to the tandem jet ski lift and the inviting in-ground swimming pool, every detail has been carefully crafted for your enjoyment. Step into your private outdoor paradise, complete with lush evergreen trees and aluminum fencing for privacy and tranquility. Whether you're hosting gatherings on the uncovered grilling deck or cozying up by the outdoor stone fireplace and patio area, you'll relish in the serene lake views and soak up the summer sun. Situated on a spacious 0.5-acre lot, the exterior of this home is a masterpiece, showcasing a blend of stone, brick, and cement fiber siding that exudes elegance and charm. Step inside through the double doors and immerse yourself in the grandeur of solid hardwood floors and a 2-story vaulted great room with a gas log fireplace, creating a warm and inviting ambiance.The gourmet kitchen is a chef's dream, boasting a gas cooktop, wall oven, built-in microwave, and captivating lake views. Entertain guests in the formal dining room, adorned with solid hardwood flooring, coffered ceilings, and wainscoting. Retreat to the main level primary suite, where a double-sided fireplace adds a touch of luxury to both the bedroom and the adjoining ensuite bathroom. Pamper yourself in the spacious primary bathroom, featuring tile flooring, double vanities, a jetted tub, tile shower, and expansive walk-in closets. With a total of 5 bedrooms and 5 bathrooms, including a full, finished basement, there's ample space for family and guests to relax and unwind. Experience the ultimate in lakefront living with this exceptional property

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Level, Site Built
  • Year Built: 2011
  • Living Area: 4,834 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Oven, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood Floors, Hardwood Solid, Laminate, Tile
  • Interior: Attic Storage - Walkout, Ceiling - 9 Ft or More, Ceiling - Cathedral, Ceiling - Specialty, Granite Counter Tops, Island Work/Center, Laundry Room, Pantry, Walk-in Closet, Washer & Dryer Hookup
  • Fireplace: Gas Logs, In Bedroom, In Great Room, See Through

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Other, Water
  • Exterior: Boat Slip, Dock - Stationary, Fence, Lawn Sprinklers, Patio/Deck, Patio/Deck Covered, Pool - Below Ground, Porch Covered, Porch Screened

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage, 3 Car Garage or more, Attached, Basement, Front Loading, Main Level, Off Street Parking, Rear Loading, Utility Garage

Lot Features

Lot Information:

  • Lot: Level, Views
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Multi Unit(s), Central Air, Electric

School Info

Assigned Schools Information:

  • Hamilton County High School, Public District Grades 10-12
  • Ooltewah High School, Public District Grades 9-12
  • Sequoyah High School, Public District Grades 9-12
  • Hunter Middle School, Public District Grades 6-8
  • Ooltewah Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I-75 North to Exit 11 Ooltewah, left onto Lee Hwy, Right onto Mountain View Rd which turns into Ooltewah Georgetown Rd after a few miles. Left onto Biggs Rd to the end. Once in the gate, proceed to Georgetown Bay Dr. At the stop sign go left. Your new home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $351/SqFt

HOA Fees:

  • Amount: $1400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,531
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ooltewah, TN.

Med. Sold Price

$465K

Med. Price/SqFt

$196

Avg. Days On Market

45

# of Sold Homes

64

8291 Georgetown Bay Dr vs Ooltewah

23 DAYS ON ROCKET

-22 Days

$1,695,000

+$1.2M More

$351/SqFt

+$155 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $155/SqFt more than other homes in Ooltewah, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1389862

Listing Office:

  • Office Name: Keller Williams Realty

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: 6/1/2024, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2010Home Sold
$171,000
Mar 16, 2007Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,531$163,525
2019$4,530$163,525
2017$4,531$163,525

History based on county public records data.

Payment Calculator

$8,643

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-6479913
7
/10
  • Ooltewah Elementary School

  • 8890 Snowy Owl Tr

  • 1.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6479914
8
/10
  • Hunter Middle School

  • 6810 Teal Ln

  • 3.42 miles

  • Public District Grades 6-8

High School

school-card-donut-6479915
3
/10
  • Hamilton County High School

  • 9050 Career Ln

  • 1.97 miles

  • Public District Grades 10-12

school-card-donut-6479916
4
/10
  • Ooltewah High School

  • 6123 Mt View Rd

  • 4.11 miles

  • Public District Grades 9-12

school-card-donut-6479917
4
/10
  • Sequoyah High School

  • 9517 Sequoyah Access Rd

  • 8.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,331. The most common annual income of people living in Ooltewah, TN is between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8291 Georgetown Bay Dr

What is the listing price of this property?

The listing price of 8291 Georgetown Bay Dr property is $1,695,000.

What type of property is this?

The property 8291 Georgetown Bay Dr is a house located in Ooltewah, Tennessee, 37363.

Is this property for sale now?

Active Listing: 8291 Georgetown Bay Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8291 Georgetown Bay Dr are:
Ooltewah Elementary School: GreatSchools Rating 7/10
Hunter Middle School: GreatSchools Rating 8/10
Hamilton County High School: GreatSchools Rating 3/10
Ooltewah High School: GreatSchools Rating 4/10
Sequoyah High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,531 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 18, 2010 for $171,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8291 Georgetown Bay Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 8291 Georgetown Bay Dr is 4,834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8291 Georgetown Bay Dr is 2011.

Rocket HomesTennesseeHamilton CountyOoltewah373638291 Georgetown Bay Dr

This home is located at 8291 Georgetown Bay Dr in Ooltewah, TN and zip code 37363 in the Ooltewah / Summit neighborhood. This 4,834 square foot home, which was built in 2011, sits on a 0.50 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $1,695,000.

In April 2024 more than 10 listings in Ooltewah, TN were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 25 were sold below. The number of homes for sale in Ooltewah, TN increased by 7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $465,000, while the average time on the real estate market was 45 days.

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

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