3877 Bonny Oaks Drive, Chattanooga, Tn 37406

Why This Property?

This 3-bedroom, 2-bathroom home built in 1957 sits on 2.6 acres in Chattanooga, Tennessee, offering 2,405 square feet of living space. Designed for investors and developers, the property presents a rare redevelopment opportunity within city limits with preliminary plans suggesting potential for up to four lots through subdivision. Dual driveways provide multiple access points and flexible entry options for future development or interim use.

Recent improvements include a newly regraded driveway with fresh gravel, while scheduled interior updates promise near-term value appreciation. The existing home works as a rental, renovation project, or temporary use while pursuing development plans. This sizable parcel combines location desirability with multiple exit strategies including redevelopment, resale, or income production.

Positioned for growth in a prime Chattanooga location, this property balances development potential with immediate income-generating flexibility.