Some homes have a story to tell, and 700 Ely Road has over 50 years of family history! Lovingly owned by the same family since the early 1970s, this charming 3-bedroom home is where a family was raised and decades of memories were made. Situated on a desirable corner lot with convenient access to both Red Bank and Hixson, the home features beautiful hardwood floors and a fully finished basement offering exceptional flexibility. Previously used as a home daycare, the basement provides endless possibilities for additional living, recreation, or workspace. Outside, a fully powered outbuilding is ideal for a workshop, hobbies, or extra storage. The garage currently features a standard entry door but could easily be converted back to garage use or transformed into additional living space. With its versatile layout, convenient location, and decades of family history, this property presents a wonderful opportunity to make it your own!
Forest Highlands, located between Missionary Ridge and the Southside district, is a residential and historic Chattanooga neighborhood with tree-lined streets and early-20th-century architecture. The neighborhood’s character concentrates around the Brainerd Road and McCallie Avenue corridor, where small storefronts, corner eateries, and everyday services set a steady, lived-in rhythm. Brick bungalows, Tudor Revival details, and deep porches shape a streetscape built for walking and front-yard hellos. Ridgeline views and quick climbs toward Missionary Ridge define the geography. Nearby cultural anchors like Barking Legs Theater, The Chattery, and Sculpture Fields at Montague Park add an arts-forward edge without changing the calm tone.
Provided by Walk Score and Local Logic
Market insights
700 Ely Rd · $370,000
DAYS ON MARKET
1 days
The average home goes pending in 47 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
LIST PRICE
$370,000
Median sale price in this area is $415,000. (12% higher than this home)
PRICE DROP
0 price drops
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Finished full basement
Bathrooms
1 full bathroom
2 half bathrooms
Kitchen
Refrigerator, Oven, Microwave, Electric Range, Dishwasher
Laundry & utility
Laundry in basement
Flooring
Hardwood, Tile
Heating & cooling
Central heating
Central air
Exterior features
Patio
Storage
Outbuilding
Home design
Single-family residence
Two levels
Parking
1-car garage
Driveway
Paved parking
Construction
Asphalt roof
Wood siding
Block foundation
Utilities
Public water
Public sewer
Electricity connected
Phone available
Water connected
Sewer connected
Electricity and solar
View estimated energy costs and solar savings for this home
The RN-1-6 Residential Neighborhood Zone is intended to accommodate a neighborhood environment predominantly characterized by single-unit homes on lots of 6,000 square feet or greater.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Local insights from Redfin agents
Chattanooga is known for its mountains and the Tennessee River, but its hidden gems make it special—unexpected views, tucked-away trails, beautiful homes and quiet greenways waiting to be discovered.