3877 Bonny Oaks Drive

Chattanooga TN 37406

2405 sq. ft.

2.6 ac.

Single-Family

Last sold for $177,700

Neal Spann, last sold this property on 10 April 2026 after 171 days on market.

Overview

Investors, Builders, and Developers -- a compelling redevelopment opportunity within city limits. This 2.6-acre property features a 4-bedroom, 2-bath, 1.5-level home and offers significant upside for future development or long-term hold. Dual driveways provide multiple access points, creating strong potential for subdivision (buyer to verify), with preliminary layout suggesting the possibility of up to four lots. Recent improvements include a newly regraded driveway with fresh gravel, and the seller has additional interior updates scheduled to begin shortly--creating near-term value and potential price appreciation. The existing home provides flexibility as a rental, renovation project, or interim use while pursuing development plans. This is a rare chance to acquire a sizable parcel in a desirable location with multiple exit strategies, including redevelopment, resale, or income production. Cash offers will be given priority consideration. All buyers are encouraged to perform their own due diligence regarding zoning, subdivision, and development feasibility. This is an investment opportunity for anyone seeking to own substantial land in a prime location or explore the possibility of subdividing and developing the property further. The driveway has just been regraded with fresh gravel, and the owner is continuing to make improvements--interior updates are scheduled to begin next week. Make an offer now before the price goes up. As with any project, due diligence is encouraged to confirm subdivision possibilities and ensure the plan aligns with your investment goals.

Features

3 bedrooms

2 bathrooms

1 carspace

1 carport space

2405 sq. ft. floor area

2.6 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Chattanooga over the last 12 months, the estimated median property value of 3877 Bonny Oaks Drive is $215.8k.

Median value

$215.8k

Estimated value range

$74k - $410k

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chattanooga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3877 Bonny Oaks Drive

2026

Sold

$177,700

10 Apr 2026 by Neal Spann, of EXP Realty LLC

Happy sellers in Chattanooga

We have insufficient information to provide an overview of customer satisfaction for Chattanooga. Viewing the agent profiles, reviews and sales for Chattanooga can provide insights for this location.