North Chattanooga Land
For Sale
$550,000
497 Wayne Avenue lot Lot #1, Chattanooga, TN 37405
Land, Chattanooga, TN
Property SizeContact for details
Days on Market154
Property Features for 497 Wayne Avenue lot Lot #1
General Information
Property type
Land
Property subtype
Other
Zoning
R-1
Zoning description
Single-Family Residential District
Subdivision
Valhambrosia
Lot features
Rectangular Lot, Sloped, Views, Wooded
Elementary school
Red Bank Elementary
Middle school
Red Bank Middle
High school
Red Bank High School
Directions
Hwy 27 to Manufactures Rd. Right on Compress St, Right on Riverside Ave, Left on Whitehall Rd. Left on Wayne Ave.
Standard status
Active
APN
126o F 005
Taxes and HOA fees
Tax Description
LT 143 VALHAMBROSIA PB 4 PG 17 & 18 REV 119-37
Tax Annual Amount
897
Legal Description
LT 143 VALHAMBROSIA PB 4 PG 17 & 18 REV 119-37
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Real Estate Partners Chattanooga LLC
(423) 886-6577
Listed By:
Travis Close · License #TN306209
(423) 488-1882
Added: Mar 22
Changed: Aug 19
Last Checked: Aug 22 at 1:06AM
MLS# 1530898
Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire land in North Chattanooga. The available lots are located minutes from Downtown Chattanooga and offer views of Signal and Raccoon Mountain. There are a total of 4 lots available for purchase. These lots have not been subdivided, presenting an opportunity to acquire a specific lot or pursue a small development project. The property is zoned R-1.
Key Highlights
- Rare land opportunity in North Chattanooga
- Minutes from Downtown Chattanooga
- Enjoy views of Signal and Raccoon Mountain
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
Demographics for 37405, TN
18,231
Population
9,959
Households
1.8
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
54.3 sq mi
ZIP Area
336
Density / Sq Mi
$77,850
Median Household Income
$51,748
Median Earnings
$1,276
Median Rent
$416,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Land available minutes from Downtown Chattanooga with mountain views.
Where is this land located?
The property is located at 497 Wayne Avenue lot Lot #1 Chattanooga, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Rare land opportunity in North Chattanooga; Minutes from Downtown Chattanooga; Enjoy views of Signal and Raccoon Mountain
