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8761 Grey Reed Dr, Ooltewah, TN, 37363

5beds
5baths
4,221sqft
$1,600,000
$379price/sqft
$10,461/moest. monthly cost
$418,440/yrincome needed

About This Home

Welcome to one of Ooltewah's most distinctive custom homes, where timeless Louisiana-inspired architecture meets modern luxury in an exceptionally private setting. Perfectly positioned on a secluded corner cul-de-sac lot, this thoughtfully designed estate backs to protected marshland along Savannah Bay, providing peaceful water views and unmatched privacy that cannot be developed behind you. Inspired by classic Southern bayou homes, the architecture embraces expansive covered porches, elevated design elements, and authentic materials that create a home as inviting as it is unforgettable. Inside, soaring vaulted ceilings with exposed beams, abundant natural light, designer finishes, and exceptional craftsmanship define every space. Designed with both everyday living and entertaining in mind, the chef's kitchen offers abundant workspace, premium finishes, and an oversized walk-in pantry that will impress even the most discerning cook. The open-concept living area is anchored by a stunning floor-to-ceiling leathered granite fireplace that can be enjoyed as either a gas or traditional wood-burning fireplace, creating a warm focal point throughout the seasons. The luxurious primary suite, along with all of the home's essential living spaces, is conveniently located on the main level with only two steps into the home, offering ease of access without sacrificing architectural character. Every bedroom features its own private en-suite bath, providing comfort and privacy for family and guests alike. A fully equipped guest residence above the detached garage includes its own kitchen, making it ideal for extended family, guests, multi-generational living, or private accommodations. The detached garage was also thoughtfully designed with a lofted bay capable of accommodating a future vehicle lift or larger garage door for RV storage. Outdoor living was carefully planned to embrace the surrounding landscape. The current owners have professionally designed plans for an infinity-e edge pool that would seamlessly connect the covered rear porch to the backyard pergola, creating an extraordinary outdoor retreat overlooking the protected wetlands. One of this property's most unique features is its future water access opportunity. While the protected marshland prevents the property from being classified as waterfront, it enjoys beautiful water views across Savannah Bay. The neighborhood developer is currently pursuing TVA approval for a community boardwalk extending from the cul-de-sac to a shared dock. Upon approval, this property--along with only three neighboring homes--will include the perpetual right to construct and maintain its own private 20-foot boat slip, subject to obtaining any required future TVA permit at the time of construction. This offers a rare opportunity to enjoy both protected natural surroundings and convenient access to the water. Even the details reflect the home's thoughtful design, from the durable metal roof and extensive leathered granite accents to the carefully selected gravel drive, chosen to complement the home's Southern character. Should a purchaser prefer a paved driveway, the seller is willing to consider an allowance with an acceptable offer. This is more than a luxury home--it's a private Southern retreat where timeless architecture, exceptional craftsmanship, and the possibility of future waterfront living come together in one remarkable property.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

9/10
7/10
Hunter Middle SchoolGrades 6-83.1 mi
5/10
Ooltewah High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Gas Range,Built-In Electric Oven,Cooktop,Disposal,Double Oven,Dishwasher,Exhaust Fan,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Dishwasher,Free-Standing Refrigerator,Gas Cooktop,Gas Range,Gas Water Heater,Instant Hot Water,Microwave,Oven,ENERGY STAR Qualified Water Heater,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Water Heater
  • Laundry features: Laundry Room,Main Level,Multiple Locations,Other

Basement

  • Basement: Crawl Space,None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Built-in Features,Ceiling Fan(s),Coffered Ceiling(s),Double Vanity,Entrance Foyer,Eat-in Kitchen,Granite Counters,High Ceilings,His and Hers Closets,Kitchen Island,Natural Woodwork,Open Floorplan,Other,Pantry,Primary Downstairs,Recessed Lighting,Soaking Tub,Storage,Stone Counters,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s),Double Shower,Tub/shower Combo,Sitting Area,Separate Dining Room
  • Window features: ENERGY STAR Qualified Windows,Insulated Windows
  • Flooring: Combination,Hardwood,Tile
  • Fireplace features: Gas Log,Great Room,Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area above ground: 4,221

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,221
  • Total interior livable area: 4,221 sqft

Property

Details

  • Parcel number: 104j G 021
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Awning(s),Covered,Deck,Front Porch,Porch,Rear Porch,Porch - Covered
  • Exterior features: Boat Slip,Lighting
  • Fencing: None
  • Has view: Yes
  • View description: Bay,Creek/Stream,Lake,Neighborhood,Rural,Trees/Woods,Water
  • Has water view: Yes
  • Water view: Bay,Creek/Stream,Lake,Water
  • On waterfront: Yes
  • Waterfront features: Lake Privileges,River Access

Lot

  • Lot size: 1.05 Acres
  • Features: Back Yard,Cleared,Cul-De-Sac,Front Yard,Level,Near Golf Course,Private,Rectangular Lot,Secluded,Subdivided,Views,Wetlands,Wooded
  • Lot size dimensions: 45738 ft

Parking

  • Total spaces: 4
  • Parking features: Driveway,Garage,Gravel,RV Access/Parking,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Inland Flooding
Lightning
Strong Wind
Winter Weather
Cold Wave
Earthquake
Hail
Ice Storm

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,090$97,080
Home Insurance $187$2,244
Property Taxes $1,842$22,104
Electricity $342$4,115
Total$10,461$125,532

Income You'd Need if You Spent...

35% on housing$358,662/yr
40% on housing$313,830/yr
45% on housing$278,960/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$379This listing

vs Other Active Listings

Avg $/sqft

ZIP 37363$211
Hamilton County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 37363
Hamilton County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$1,600,000
2023-09-26Sold$85,000

For Sale by Agent

AgentJoey Winslett
BrokerageBetter Homes and Gardens Real Estate Signature Brokers

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