Address
8761 Grey Reed Drive, Ooltewah, TN
Price
$ 1,600,000
Property Attributes
  • MLS#1539996
  • TypeSingle Family
  • Listing Status Active
  • CountyHamilton
  • CityOoltewah
  • AreaCounty
  • NeighborhoodSavannah Cove
  • Zip37363
  • StyleContemporary, Other
  • Year Built2022
  • Taxes$ 4487
  • Price$ 1,600,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4221
  • Lot Size1.05 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description

Welcome to one of Ooltewah's most distinctive custom homes, where timeless Louisiana-inspired architecture meets modern luxury in an exceptionally private setting. Perfectly positioned on a secluded corner cul-de-sac lot, this thoughtfully designed estate backs to protected marshland along Savannah Bay, providing peaceful water views and unmatched privacy that cannot be developed behind you. Inspired by classic Southern bayou homes, the architecture embraces expansive covered porches, elevated design elements, and authentic materials that create a home as inviting as it is unforgettable. Inside, soaring vaulted ceilings with exposed beams, abundant natural light, designer finishes, and exceptional craftsmanship define every space. Designed with both everyday living and entertaining in mind, the chef's kitchen offers abundant workspace, premium finishes, and an oversized walk-in pantry that will impress even the most discerning cook. The open-concept living area is anchored by a stunning floor-to-ceiling leathered granite fireplace that can be enjoyed as either a gas or traditional wood-burning fireplace, creating a warm focal point throughout the seasons. The luxurious primary suite, along with all of the home's essential living spaces, is conveniently located on the main level with only two steps into the home, offering ease of access without sacrificing architectural character. Every bedroom features its own private en-suite bath, providing comfort and privacy for family and guests alike. A fully equipped guest residence above the detached garage includes its own kitchen, making it ideal for extended family, guests, multi-generational living, or private accommodations. The detached garage was also thoughtfully designed with a lofted bay capable of accommodating a future vehicle lift or larger garage door for RV storage. Outdoor living was carefully planned to embrace the surrounding landscape. The current owners have professionally designed plans for an infinity-e edge pool that would seamlessly connect the covered rear porch to the backyard pergola, creating an extraordinary outdoor retreat overlooking the protected wetlands. One of this property's most unique features is its future water access opportunity. While the protected marshland prevents the property from being classified as waterfront, it enjoys beautiful water views across Savannah Bay. The neighborhood developer is currently pursuing TVA approval for a community boardwalk extending from the cul-de-sac to a shared dock. Upon approval, this property--along with only three neighboring homes--will include the perpetual right to construct and maintain its own private 20-foot boat slip, subject to obtaining any required future TVA permit at the time of construction. This offers a rare opportunity to enjoy both protected natural surroundings and convenient access to the water. Even the details reflect the home's thoughtful design, from the durable metal roof and extensive leathered granite accents to the carefully selected gravel drive, chosen to complement the home's Southern character. Should a purchaser prefer a paved driveway, the seller is willing to consider an allowance with an acceptable offer. This is more than a luxury home--it's a private Southern retreat where timeless architecture, exceptional craftsmanship, and the possibility of future waterfront living come together in one remarkable property.

Price History
8/3/2026 Listed $1,600,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected
Possession Close Of Escrow,Negotiable
Roof Metal
Appliances Water Heater,Tankless Water Heater,Stainless Steel Appliance(s),Refrigerator,Oven,Microwave,Instant Hot Water,Gas Water Heater,Gas Range,Gas Cooktop,Free-Standing Refrigerator,Exhaust Fan,ENERGY STAR
HOA Fee 62.5
Garage Spaces 4
Association Fee Includes Maintenance Structure,Other
Patio/Porch Features Awning(s),Covered,Deck,Front Porch,Porch,Porch - Covered,Rear Porch
Architectural Style Contemporary,Other
Pool Features None
Construction Materials HardiPlank Type
Year Built 2022
View Bay,Creek/Stream,Lake,Neighborhood,Rural,Trees/Woods,Water
Levels Two
Property Subtype Single Family Residence
Waterfront Features Lake Privileges,River Access
Community Features Dock,Lake
Assoc Fee Paid Per Monthly
County Hamilton
New Construction false
Property Type Residential
Association Amenities Boat Dock,Boat Slip,Other
HOA true
Attached Garage false
Subdivision Name Savannah Cove
Garage Y/N true
Other Structures Garage(s),Guest House,Residence,Second Residence,Other
Full Baths 4
Status Active
Directions turn on roy lane off ooltewah georgetown rd Right onto grey reed. House is in Culdesac at end of the road.
High School Ooltewah
City Ooltewah
Senior Community Y/N false
MLS Area County
Lot Size Units Acres
Lot Size Square Feet 45738
Carport Y/N false
Listing Terms Cash,Conventional
Elementary School Ooltewah Elementary
Land Lease Y/N No
Tax Annual Amount 4487.04
Home Warranty Y/N false
Middle/Junior High School Ooltewah Middle
Lease Renewal Y/N No
MLS Area Minor County
Additional Parcels Y/N false
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://properties.615.media/videos/019fc838-4d80-7198-a95f-75511b32c5b8?v=68
Standard Status Active
Occupancy Type Owner
MobileHomeRemainsYN No
Legal Description Lt 17 Savannah Cove Pb 119 Pg 126 R Ev Pb 128 Pg 122 Out Of 104 020 For 2021
Sewer_co_Public_sp_Sewer true
Heating_co_Central true
Utilities_co_Cable_sp_Available true
Utilities_co_Cable_sp_Connected true
Utilities_co_Electricity_sp_Available true
Utilities_co_Natural_sp_Gas_sp_Available true
Year Built Effective 2022

Interior Features

Interior Amenities Beamed Ceilings,Built-in Features,Ceiling Fan(s),Coffered Ceiling(s),Double Closets,Double Shower,Double Vanity,Eat-in Kitchen,Entrance Foyer,Granite Counters,High Ceilings,Kitchen Island,Natural Wood
Basement Crawl Space,None
Flooring Combination,Hardwood,Tile
Fireplace Features Gas Log,Great Room,Living Room,Wood Burning
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows,Insulated Windows
Fireplace Y/N true
Above Grade Finished Area 4221
Half Baths 1
Laundry Features Laundry Room,Main Level,Multiple Locations,Other
Total Bedrooms 5
LivingAreaSource Owner
Total Baths 5

Exterior Features

Exterior Amenities Boat Slip,Lighting
Fencing None
Parking Features Driveway,Garage,Garage Faces Side,Gravel,RV Access/Parking
Lot Features Back Yard,Cleared,Cul-De-Sac,Front Yard,Level,Near Golf Course,Private,Rectangular Lot,Secluded,Subdivided,Views,Wetlands,Wooded
Water Source Public
Inclusions Everything in home is negotiable
Lot Size Area 1.05
Foundation Details Block
Spa false
Building Area Total 4221
Lot Dimensions 45738 ft
Lot Size Acres 1.05
Road Surface Type Concrete,Paved
Waterfront Y/N true
Road Frontage Type County Road
Crops Included Y/N No
Road Responsibility Public Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37363

Price
AVG $690K
$1.6M
Taxes
AVG $2,282
$4,487
Year Built
AVG 2007
2022