7818 Magnolia Lake Dr, Chattanooga, TN 37421 is For Sale
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7818 Magnolia Lake Dr, Chattanooga, TN 37421

4 beds6 baths5,550 sqft

For Sale
$799,000
Zestimate®: $713,480
Est. Mortgage
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Beautifully crafted custom built home in the gated community, The Legends. A convenient luxury neighborhood just minutes to Hamilton Place Mall, Council Fire and Windstone Golf Courses, Interstate 75 &Hwy 153, the Chattanooga Airport, Enterprise South home of Volkswagen and an easy commute to downtown Chattanooga. This spectacular estate will amaze. Upon entry pause at the custom details throughout starting with the Biltmore Collection arched Mahogany wood doors, Turkish travertine tile, maple hardwood floors, plantation shutters, custom crown molding and Pella windows with hideaway screens. While elegance sustains comfort prevails with open custom kitchen and keeping room. Enjoy a chefs kitchen designed by Scarletts featuring custom cabinetry with granite counter tops, Wolf appliances, dual convection fueled oven, built in Sub-Zero refrigerator & separate freezer, island prep sink and reverse osmosis filter with instant hot water. Choose between the island bar, the breakfast area or formal dining room for your daily dining locale. Dont miss the convenient wet bar with Viking ice maker and 24 bottle wine cooler just off breakfast nook. Every day living at its best with large keeping room, offering floor to ceiling windows and Pella doors, built in bookcases, gas fireplace with detailed tile surround and an office nook. Float over to the formal living room. Enjoy cozy entertaining in front of the second gas fireplace with custom mantle, vaulted ceiling with wood beam detail and separate entry to wraparound porch. The private master suite features trey ceilings, double sided see through fireplace into adjacent study or craft room, private access to the covered porch and a master spa like bathroom offering his and her vanities, his and her water closets, oversized tile shower, a soaking tub and a walk in closet with custom shelving and built in dresser with washer & dryer hook ups. The main level also offers a large laundry room, a 1/2 bath and multiple storage closets. The circular wood staircase gives way to the second level featuring an open loft den with built in bookcases, 3 additional bedrooms each with private bathrooms and walk in closets and bonus room, currently a fantastic theatre room. Entertain family and friends in this media room with projector and motorized movie screen, surround sound speakers, multiple leather chairs plus wet bar with refrigerator and dishwasher and a 1/2 bath. Never leave this room! The exterior of this estate is as capturing as the interior. Enjoy days and evenings tucked away on the covered wrap around porch or enjoy grilling for company on game days under the covered patio with corner mounted flat screen TV. Love cool nights sitting in front of the large wood burning stone fireplace overlooking the private pond with fountain or relaxing in the sunken saline hot tub. Adore such natural surroundings in such a suburban setting. Curb appeal and convenience abounds with this home from the easy parking for guests in the circular driveway in front with separate driveway access to the 3-car garage which is heated and cooled to the short walk to the community pool and clubhouse. Do not miss this opportunity to live in one of Chattanoogas luxury neighborhoods nestled amongst many of the cities conveniences.  More Less 

Facts

  • Lot: 0.5 acres
  • Single Family
  • Built in 2005
  • 1 day on Zillow
  • Cooling: Central
  • Last sold: Jun 2005 for $68,000

Features

  • Flooring: Carpet, Tile
  • Parking: Garage - Attached

    Room Types

    • Office

    Construction

    • # Stories: 2.0

    Other

    • Floor size: 5,550 sqft
    • Last remodel year: 2005
    • Lot depth: 158
    • Lot width: 165
    • Parcel #: 159B C 010
    • Zillow Home ID: 70220330

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $713,480
    -$4,419 Last 30 days
    $578K
    $885K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $3,337/mo
    +$56 Last 30 days
    $1.9K
    $4.5K
    Zestimate range
    Zestimate forecast
    $XXX,XXX
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    Popularity on Zillow

    55 views since listing
    2,736 all-time (chart)
    2 shoppers saved
    this home to their list of favorites
     

    Home Expenses

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    Neighborhood

    Market guide

    Zillow predicts 37421 home values will increase 1.2% next year, compared to a 1.2% increase for Chattanooga as a whole. Among 37421 homes, this home is 408.3% more expensive than the midpoint (median) home, and is priced 88.2% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 37421, the number of foreclosures waiting to be sold is 14.9% less than in Chattanooga, and 2.6% less than the national average. This lower local number could help 37421 home values rise more quickly than other regions in Chattanooga.

    Learn more about forecast calculations or 37421 home values.
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