Welcome to this beautifully built 2023 home in Red Bank! Featuring an open floor plan that is flooded with natural light, this home exudes warmth and modern style from the moment you step inside. The gorgeous kitchen is spacious, complete with sleek stainless steel appliances, perfect for both everyday meals and entertaining guests. The generous living and dining areas flow seamlessly together. The upper (main) level boasts a primary bedroom suite with an en suite bath for added privacy and convenience. Two additional guest bedrooms and a full guest bath provide plenty of space for family, friends, or a home office. Need storage? This home has you covered with both a basement and garage, providing plenty of room for all your belongings, outdoor gear, or even a future workshop. Located less than 10 minutes away from downtown Chattanooga and 5 minutes from the vibrant North Shore, you're sure to find every amenity you need. Enjoy easy access to major interstates for a quick commute or weekend adventures. As an added bonus, this home comes with a low-rate, assumable VA loan for qualified buyers. Don't miss your chance to own this exceptional home — a rare find in a prime location!
For sale
Price cut: $2.1K (11/14)
$419,900
537 Lullwater Rd, Chattanooga, TN 37405
3beds
1,669sqft
Est.:
Single Family Residence
Built in 2023
0.36 Acres Lot
$417,500 Zestimate®
$252/sqft
$-- HOA
What's special
Open floor planGorgeous kitchenAdditional guest bedroomsFlooded with natural lightSleek stainless steel appliancesPrimary bedroom suiteEn suite bath
- 95 days |
- 391 |
- 26 |
Zillow last checked: 8 hours ago
Listing updated: November 16, 2025 at 11:33pm
Listed by:
Nathan Torgerson 423-902-9445,
Keller Williams Realty 423-664-1900,
Jordan Cook 423-364-3252,
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1521660
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Bonus room
- Level: Basement
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Disposal, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Tub/shower Combo, Sitting Area
- Flooring: Carpet, Hardwood, Luxury Vinyl, Tile
- Windows: Blinds, Insulated Windows, Vinyl Frames
- Basement: Partial,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,669
- Total interior livable area: 1,669 sqft
- Finished area above ground: 1,669
Property
Parking
- Total spaces: 1
- Parking features: Basement, Concrete, Driveway, Garage Door Opener, Off Street, Garage Faces Front
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Side Porch
- Exterior features: Balcony, Rain Gutters
Lot
- Size: 0.36 Acres
- Dimensions: 100 x 250
- Features: Back Yard, Front Yard, Sloped Up, Wooded
Details
- Parcel number: 117n A 015
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Block, Fiber Cement
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s), Security System
- Subdivision: Rustic Village
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $290,100
- Annual tax amount: $3,095
- Date on market: 10/3/2025
- Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Estimated market value
$417,500
$397,000 - $438,000
$2,174/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Price change | $419,900-0.5%$252/sqft |
Source: Greater Chattanooga Realtors #1521660 Report a problem | ||
| 10/29/2025 | Price change | $422,000-1.6%$253/sqft |
Source: Greater Chattanooga Realtors #1521660 Report a problem | ||
| 10/3/2025 | Listed for sale | $429,000+9.3%$257/sqft |
Source: Greater Chattanooga Realtors #1521660 Report a problem | ||
| 7/3/2023 | Sold | $392,400+0.6%$235/sqft |
Source: Greater Chattanooga Realtors #1373917 Report a problem | ||
| 5/25/2023 | Contingent | $389,900$234/sqft |
Source: Greater Chattanooga Realtors #1373917 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,096 +105.4% | $72,525 +127.5% |
| 2023 | $1,507 +228.4% | $31,875 +298.4% |
| 2022 | $459 +156.4% | $8,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,344/mo
Principal & interest
$2005
Property taxes
$192
Home insurance
$147
Climate risks
Neighborhood: 37405
Nearby schools
GreatSchools rating
- 4/10Red Bank Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Red Bank Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Red Bank High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Red Bank Elementary
- Middle: Red Bank Middle
- High: Red Bank High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading





