824 Fortunate Way

Welcome to 824 Fortunate Way: 8 beautiful, flat acres in Falling Water, TN just 15 minutes from downtown Chattanooga. This property has already been subdivided and perc (soil) tested if the new owner wishes to build another structure on the property! 5 acres including the home, creek and garage/workshop are also available for $799,900 (MLS #1394473).
Fortunate Way is the definition of a serene retreat: sit on your covered front porch to hear only the sounds of the birds, wind chimes and creek flowing through the back of the property. This property is not within city limits therefore allowing livestock. Build your dream garden or have your ideal land for animals while being close to everything in town. Built in 2014 and offering all one-level living, this home has 3 bedrooms, 2 bathrooms and an open living/dining room combo perfect for entertaining. Some amazing features of this property include: climate controlled attic storage that runs almost the entire length of the house; a storm shelter below the floor of the laundry room; tankless instant-on water heaters that conserves energy and provides abundant hot water; multiple frost-free fire hydrants spread through the property; shaded trails throughout the property that provide a park-like setting for walks, extensive/unique landscaping with trees and shrubs as well as river rock obtained from the property. One important thing to note about this unique property is the layout/design and floor plan: it was built based on passive solar design which lowers energy consumption and keeps utility bills at a minimum. The home was built with Structural Insulated Panels which contribute to the energy efficiency and creates a highly insulated space as well as climate-controlled attic storage space. The solar panels on the roof generate electricity which is sold back to the power board each month. This offsets energy costs and results in a financial gain each month. The owner is in Year 10 of 20 Year contract with EPB.