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202 E Brow Road
Lookout Mountain, TN 37350
Katherine Smith with Keller Williams Realty, original listing - (423) 664-1900
$1,325,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3745 Square Feet
Property Description
Welcome to Your Dream Home on Lookout Mountain! This beautifully updated 4-bedroom, 3.5-bath brick home seamlessly blends timeless charm with modern luxury. The freshly painted exterior in Benjamin Moore Swiss Coffee white, accented by Brandon Beige shutters and door, exudes elegance and warmth. Step inside to a grand foyer with high ceilings, crown moldings, and refinished hardwood floors. The heart of the home is the chef's dream kitchen, boasting granite countertops, a farmhouse sink, double ovens, double built-in freezer drawers, and stainless steel appliances, including a Bosch dishwasher and Frigidaire Professional refrigerator (2024). A central island with a KitchenAid ice machine offers added convenience. The light-filled living room features built-ins, a Heat & Glo gas fireplace (2022), and a wet bar with a Whynter wine cooler, leading to an outdoor oasis. The patio, enhanced with a luxury Pergolux Skydance Pergola, includes remote-controlled louvers, dimmable LED lighting, and a rain gutter system for year-round enjoyment. The spacious main-level primary suite is a private retreat with an en-suite bath offering double vanities, a garden tub, and a steam shower. A guest bedroom, full bath, and laundry room complete the main floor. Upstairs, discover two additional bedrooms, a full bath with double sinks, and a home office space that could also be used as a nursery or an extra small bedroom. A private staircase leads to a bonus room with a half bath, perfect for a media room or studio. The backyard has been meticulously reimagined with El Toro Zoysia Grass (2024), 10 Emerald Green Arborvitae trees, bobo hydrangeas, and a privacy fence. A new roof (2022), gutters, and upgraded systems, including a tankless water heater and HVAC, provide peace of mind. The basement storage space has been converted to a rubber-tiled home gym that opens to a fully encapsulated crawl-space with plenty of storage and a dehumidifier. For added convenience and privacy, there are two points of driveway entry to the house: the front via E Brow Rd features a u-shaped-driveway with a parking space, and the back via a private alley off of E Sunset Rd with drive-in access to a two-car, fully covered carport. Located just 8 minutes from Publix, 15 minutes from downtown Chattanooga and zoned for the award-winning Lookout Mountain Elementary School, this home also offers breathtaking sunrises and stunning East Brow views. This extraordinary property combines beauty, functionality, and an unbeatable location.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1994
MLS Number
--
Location
Address
202 E Brow Road
City
Lookout Mountain
State
TN
Zip Code
37350
County
HAMILTON
Listing
Name
Phone
(423) 605-4181
Office Name
Office Phone
(423) 664-1900
Agent Name
Katherine Smith
Agency Phone
(423) 664-1900

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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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Foreclosure Listings Increasing

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.