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Residential Land for Sale in Ooltewah, Tennessee

8756 Grey Reed Dr, Ooltewah, TN 37363

$400,000
0.59 acres
Active sale
ago
Est $2,815/mo

Rare Lake Access Opportunity in Savannah Cove! One of only two remaining lots for sale in Savannah Cove, these two lots are located side-by-side at the end of a cul-de-sac in this desirable Ooltewah community. This particular lot offers a beautiful setting with the added potential for future lake access. The community is currently pursuing approval for a community boardwalk extending from the cul-de-sac to a proposed community dock. Each of the cul-de-sac lots, including this property, is proposed to have the right to build an individual boat slip onto the community dock, with an estimated construction cost of approximately $30,000. This is a unique opportunity to build your dream home in a beautiful community while potentially enjoying convenient boat access just steps from your property. With the two remaining lots being side-by-side, there may also be an opportunity for buyers looking for adjacent properties for family, friends, or additional flexibility. Boardwalk, dock, boat-slip rights, and construction are subject to applicable approvals. Contact the listing agent for additional information regarding the proposed community dock and boat-slip opportunity.

Location

Street address
8756 Grey Reed Dr
Zip code
37363
Community
Savannah Cove
Elevation
691 feet
Coordinates
35.1458, -85.0545

Directions

Ooltewah Georgetown Rd north, left on Roy lane, right into Savannah Cove. Lot is in the Cul-de-sac.

Property details

Lot size
0.59 acres25,700 sq ft
Zoning
R-1
MLS #
CAR 1540654
Posted

Property taxes

Recent
$468

Expenses

Homeowner Association Fee
$750 annually

Parcels

  • 104j G 024

Legal description

Details and features

Listing

Type
Land
Zoning
Single-Family Residential District
Franchise
Better Homes and Gardens Real Estate

Lot

View
Water
Waterfront
Yes
Features
Cleared, Irregular Lot, Will Not Divide

Exterior

Features
Dock

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameType
Ooltewah ElementaryElementary
Ooltewah MiddleMiddle
OoltewahHigh

Listing history

DateEventPriceChangeSource
Aug 12, 2026New listing$400,000CAR
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This 0.59-acre property is located at 8756 Grey Reed Dr in Ooltewah, TN 37363. The land is available for sale, priced at $400,000.

Listed by Better Homes and Gardens Real Estate Signature Brokers, (423) 521-3476

Checked 2 hours agoUpdated Source

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Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Joey Winslett
Better Homes and Gardens Real Estate Signature Brokers
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