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For sale
  • $399,900

    537 Lullwater Rd, Chattanooga, TN 37405

    3beds
    1,669sqft
    : 
    Single Family Residence
    Built in 2023
    0.36 Acres Lot
    $394,200 Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Gorgeous kitchenTwo additional guest bedroomsSleek stainless steel appliancesFull guest bath
    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!
    13 days
    |
    522
    |
    25
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    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#: 1531655

    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: $240/sqft
      • Tax assessed value: $433,000
      • Annual tax amount: $3,095
      • Date on market: 4/2/2026
      • Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
      • Road surface type: Concrete
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        Estimated market value

        $394,200

        $374,000 - $414,000

        $2,167/mo

        Price history

        Price history
        DateEventPrice
        4/2/2026Listed for sale$399,900$240/sqft
        Source: Greater Chattanooga Realtors #1531655 Report a problem
        4/1/2026Listing removed$399,900$240/sqft
        Source: Greater Chattanooga Realtors #1521660 Report a problem
        3/3/2026Price change$399,900-2.5%$240/sqft
        Source: Greater Chattanooga Realtors #1521660 Report a problem
        1/10/2026Price change$410,000-2.4%$246/sqft
        Source: Greater Chattanooga Realtors #1521660 Report a problem
        11/14/2025Price change$419,900-0.5%$252/sqft
        Source: Greater Chattanooga Realtors #1521660 Report a problem
        10/29/2025Price change$422,000-1.6%$253/sqft
        Source: Greater Chattanooga Realtors #1521660 Report a problem
        10/3/2025Listed for sale$429,000+9.3%$257/sqft
        Source: Greater Chattanooga Realtors #1521660 Report a problem
        7/3/2023Sold$392,400+0.6%$235/sqft
        Source: Greater Chattanooga Realtors #1373917 Report a problem
        5/25/2023Contingent$389,900$234/sqft
        Source: Greater Chattanooga Realtors #1373917 Report a problem
        5/23/2023Listed for sale$389,900+2685%$234/sqft
        Source: Greater Chattanooga Realtors #1373917 Report a problem
        4/13/2017Sold$14,000$8/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$2,964 -4.3%$108,250 +49.3%
        2024$3,096 +105.4%$72,525 +127.5%
        2023$1,507 +228.4%$31,875 +298.4%
        2022$459 +156.4%$8,000
        2021$179 +26.3%$8,000 +56.1%
        2020$142 $5,125
        2019$142 $5,125
        2018$142 -67.9%$5,125 -67.7%
        2017$441 -36.3%$15,875
        2016$692 --
        2015$692 $11,275
        2014$692 +112.1%--
        2013$326 $11,275 -4.4%
        2012$326 -45.5%$11,800
        2011$599 $11,800
        2010$599 +7.9%$11,800
        2009$555 $11,800 +17.1%
        2008-- $10,075
        2007-- $10,075
        2006-- $10,075
        2005-- $10,075 +14.8%
        2004-- $8,775
        2003-- $8,775
        2002-- $8,775
        2001-- $8,775 -17.2%
        2000-- $10,600

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,119/mo
        Principal & interest
        $1936
        Property taxes
        $183
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          Climate risks

          Neighborhood: 37405

          Getting around

          11 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          7 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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