When it comes to luxury living, the Scenic City provides the perfect backdrop. With such an affordable luxury market compared to other cities, many are looking to call Chattanooga their new home for living the good life.
Grace Frank specializes in selling homes that list for more than $500,000, which she markets on www.LuxuryHomesinChattanooga.com"Whether on the water, on the brow, in the forest or downtown, [Chattanooga] is a rich, natural beauty," said local Realtor Grace Frank, who specializes in luxury properties.
She manages the website www.LuxuryHomesInChattanooga.com, which allows buyers and sellers alike to view all listings priced at more than $500,000, the typical price point to label a property as "luxury," according to Frank.
Having previously lived in Boulder, Colo.; Naples, Fla.; and Houston, Texas, she said the Chattanooga luxury market is very reasonable. "The price point in those areas was two to three times the price here in Chattanooga," said Frank. In addition to price point, there are many other components that are important when considering a property in the "luxury" category.
"Location - such as brow view, lakefront and city view - features are key," she explained. Frank's luxury properties include waterfront homes as well as homes with unique attributes such as historical and new construction that is tailored for the buyer. Home finishes and design features are also among the top qualifiers for luxury properties, she added. "The home's finishes and property landscaping are two great areas to consider when sellers want to up their game and market their home as a luxury property," said Frank. "High-end kitchens as well as luxurious spa-feeling master suites can go a long way."
One of Frank's luxury listings boasts both of these features, giving it great luxury appeal, she said. The home, at 9204 Rocky Cove Drive in Mountain Shadows, offers a split-bedroom plan with an oversized master suite that includes its own full brick fi replace, while the bathrooms impress with features such as a bidet, jetted tub, separate shower, separate vanities and a walk-in closet.
Backyard and outdoor entertaining spaces create a rich, luxury feel as well for many homes. For example, Frank's listing at 7518 Short Tail Springs Road offers a fenced yard, patio, in-ground saltwater pool and a tennis court, all of which give this property a luxury edge.
GRACE FRANK'S LUXURY PROPERTY HIGHLIGHTS:
Location: 9204 Rocky Cove Drive, Chattanooga
Bedrooms: 3
Bathrooms: 3.5
Price: $649,000
Features: This singlestory Mountain Shadows home boasts unique features. A large screened-in porch overlooks a creek. There is beautiful woodwork inside with custom trim, and 12-foot ceilings give the home an expansive feel. The kitchen boasts a dishwasher, disposal, double oven, drop-in range, refrigerator, gas water heater, breakfast bar, wet bar, tons of cabinet space, and a pantry.
Location: 7518 Short Tail Springs Road, Harrison
Bedrooms: 4
Bathrooms: 3.5
Price: $575,000
Features: A gorgeous stoned-archway with beautiful oversized wooden doors at the entry gives way to lavish details throughout, including chandeliers and an inviting den with a wood-burning fireplace and built-in shelves. The home features sound system wiring as well as a security system and an expansive outdoor area.
Location: 55 E. Main St., #304, Chattanooga
Bedrooms: 2
Bathrooms: 2
Price: $549,900
Features: This absolutely breathtaking loft was built in an old historic warehouse in the hottest part of Chattanooga. Exposed brick and vibrant colors showcase the uniqueness offered in this home. There is an oversized private walk-out rooftop deck with outstanding views of the downtown as well as the Chattanooga Choo Choo.