8756 Grey Reed Drive, Ooltewah, TN 37363 (MLS# 1540654)

8756 Grey Reed Drive, Ooltewah, TN 37363

$400,000
Property Type: Land Lot Size (sq. ft.): 25,700 Status: Active
Current Price: $400,000 List Date: 8/12/2026 Last Modified: 8/12/2026

Overview

Description

Rare Lake Access Opportunity in Savannah Cove! One of only two remaining lots for sale in Savannah Cove, these two lots are located side-by-side at the end of a cul-de-sac in this desirable Ooltewah community. This particular lot offers a beautiful setting with the added potential for future lake access. The community is currently pursuing approval for a community boardwalk extending from the cul-de-sac to a proposed community dock. Each of the cul-de-sac lots, including this property, is proposed to have the right to build an individual boat slip onto the community dock, with an estimated construction cost of approximately $30,000. This is a unique opportunity to build your dream home in a beautiful community while potentially enjoying convenient boat access just steps from your property. With the two remaining lots being side-by-side, there may also be an opportunity for buyers looking for adjacent properties for family, friends, or additional flexibility. Boardwalk, dock, b …

Listing Details MLS# 1540654

General Property Information

Lot Size Acres
0.59
Lot Size Square Feet
25700.4
Lot Size Dimensions
118X258X28X124X171
Association YN
Yes
Association Fee
750
Senior Community YN
No
Association Fee Frequency
Annually
View YN
Yes
Waterfront YN
Yes
Flood Zone YN
No
List Price/Acre
677966.1

Property Features

Exterior Features: Dock Listing Terms: Cash; Conventional Lot Features: Cleared; Irregular Lot; Will Not Divide Other Structures: None Possession: Close Of Escrow Possible Use: Single Family Road Frontage Type: Private Road Road Surface Type: Paved Sewer: Public Sewer Special Listing Conditions: Investor Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available View: Water; Other Water Source: Public Lock Box Type: None

Contract Information

Listing Contract Date
2026-08-12
Equitable Ownership Interest Listing
No
Auction YN
No
Property Sub Type
Unimproved Land
Office Exclusive
No

Location Tax and Legal

Street Number
8756
Street Name
Grey Reed
Street Suffix
Drive
County
Hamilton
State
TN
Postal Code
37363
Subdivision Name
Savannah Cove
MLS Area Major
County

Remarks and Miscellaneous

Public Remarks
Rare Lake Access Opportunity in Savannah Cove! One of only two remaining lots for sale in Savannah Cove, these two lots are located side-by-side at the end of a cul-de-sac in this desirable Ooltewah community. This particular lot offers a beautiful setting with the added potential for future lake access. The community is currently pursuing approval for a community boardwalk extending from the cul-de-sac to a proposed community dock. Each of the cul-de-sac lots, including this property, is proposed to have the right to build an individual boat slip onto the community dock, with an estimated construction cost of approximately $30,000. This is a unique opportunity to build your dream home in a beautiful community while potentially enjoying convenient boat access just steps from your property. With the two remaining lots being side-by-side, there may also be an opportunity for buyers looking for adjacent properties for family, friends, or additional flexibility. Boardwalk, dock, boat-slip rights, and construction are subject to applicable approvals. Contact the listing agent for additional information regarding the proposed community dock and boat-slip opportunity.
Directions
Ooltewah Georgetown Rd north, left on Roy lane, right into Savannah Cove. Lot is in the Cul-de-sac.

Status Change Information

Major Change Timestamp
2026-08-12T19:03:20Z
Major Change Type
New Listing
Status Change Timestamp
2026-08-12

More Information

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
322730
Listing Office’s State of Licensure
TN
Listing Office’s License Number
258777
Listing Office: Better Homes and Gardens Real Estate Signature Brokers
Last Updated: August – 12 – 2026
Information deemed reliable but not guaranteed.