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1109 Meroney Street
Chattanooga, TN 37405
Kevin Wamack with Real Estate Partners Chattanooga LLC, original listing - (423) 265-0088
$1,795,000
Conventional
Property
Bedroom
4
Bathroom
Full: 5, ½: 1
Property Type
Conventional
Square ft
4825 Square Feet
Property Description
When a home embodies all the breathtaking elements that earned Chattanooga the title of Scenic City, it can only be 1109 Meroney Street. Offering stunning views of Lookout Mountain, the graceful flow of the Tennessee River, and the vibrant downtown skyline, this residence delivers luxury living with unparalleled convenience—just three minutes from everything you need. From the moment you step into the foyer and expansive family room, you'll be captivated by panoramic vistas at every turn. With 10-foot ceilings on both the main and second floors, the home's modern design exudes character through clean architectural lines, enhanced by exposed beams that subtly define the transition from living to dining areas. The professionally designed kitchen will delight even the most discerning chefs, featuring a Thermador appliance suite with a pro-series six-burner gas cooktop and griddle, double ovens, and full-sized refrigerator and freezer. An oversized island and generous counter space make it perfect for both casual meals and entertaining. A thoughtfully placed beverage wall offers extra storage and includes a wine cooler, ice maker, and beverage center, ensuring seamless function. The open floor plan allows natural light to flood the living, dining, and kitchen areas, with soft white walls enhancing the bright, airy feel. Beautiful site-finished hardwood floors run throughout the main and upper levels, while sealed concrete flooring provides a practical, stylish touch on the lower level—ideal for indoor-outdoor living. All five bedrooms are luxurious suites, each with walk-in closets and private bathrooms, offering privacy and comfort. A convenient elevator provides access to all three levels. The master suite is a peaceful retreat, with floor-to-ceiling windowsincluding those in the closetsoffering breathtaking views of Chattanooga, especially its twinkling night skyline. The spa-like master bath is thoughtfully designed with dual vanities, a large walk-in shower, and a soaking tub for ultimate relaxation, while separate his-and-hers closets provide effortless organization. Outdoor living is equally impressive, with a newly covered patio with lighting and fans with paver flooring, an outdoor kitchen, multiple sitting areas, and a fireplaceperfect for enjoying Chattanooga's North Shore lifestyle. Zoned for Normal Park Lower and Upper Schools. All of this located within minutes to Coolidge Park, the Walnut St (Walking) Bridge and Publix. This home offers a truly elevated living experience that blends elegance, practicality, and scenic beauty. Schedule your showing today!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2020
MLS Number
--
Location
Address
1109 Meroney Street
City
Chattanooga
State
TN
Zip Code
37405
County
HAMILTON
Listing
Name
Phone
(423) 290-8711
Office Name
Office Phone
(423) 265-0088
Agent Name
Kevin Wamack
Agency Phone
(423) 265-0088

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.