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2534 Bannerman Ln, Chattanooga, TN, 37421

2beds
3baths
1,434sqft
$295,000
$206price/sqft
$2,212/moest. monthly cost
$88,480/yrincome needed

About This Home

Preferred lender incentives include 1% of the loan amount toward closing costs or a rate buy-down. River Stone Construction is offering $10,000 incentive-use it any way you want, through the end of November. This could be towards closing cost, rate buy down, or even a price reduction. Enjoy a side-by-side matching refrigerator and 2'' white faux wood blinds for all windows to help you get settled in your new home with our exclusive move-in special. All River Stone Construction homes come with a 1-year builder warranty! Welcome to The Eleuthera, a townhome community designed for those who want the best of modern living in the heart of Chattanooga. With stylish, low-maintenance designs and spacious layouts, these homes are perfect for busy professionals, growing families, or anyone ready to enjoy the convenience of city living without compromising on comfort. Situated in a prime location, The Eleuthera provides easy access to Chattanooga's vibrant dining, shopping, and outdoor recreation. Discover a community where townhome living is reimagined to perfectly fit your lifestyle. The Hamilton floor plan offers a thoughtfully designed layout with a spacious main living area, a one-car garage, an office, and 2 bedrooms with 2.5 bathrooms. Step into the home and immediately appreciate the high ceilings and the open-concept living space, perfect for entertaining guests or relaxing. The living area flows seamlessly to the back patio, providing a great outdoor retreat. On the main level, you'll also find a pocket office - the ideal workspace for those who work from home or need a dedicated area for productivity and focus. Upstairs, the master suite features a walk-in closet and a private en-suite bathroom.The laundry area is conveniently located in the hallway near both bedrooms, adding ease and efficiency to your daily routine. This floor plan combines functional

Getting Around

31
WalkingCar-Dependent
0
TransitNo Nearby Transit
39
BikeSomewhat Bikeable

Schools

4/10
Tyner Middle AcademyGrades 6-80.6 mi
5/10
Tyner AcademyGrades 9-120.5 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Vinyl Siding,Fiber Cement

Other

  • Builder name: River Stone Construction, LLC

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Free-Standing Electric Range,Microwave
  • Laundry features: Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • High Ceilings,Open Floorplan,Walk-In Closet(s)
  • Window features: Insulated Windows,Vinyl Frames
  • Flooring: Carpet,Luxury Vinyl
  • Finished area above ground: 1,434

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,434
  • Total interior livable area: 1,434 sqft

Property

Details

  • Parcel number: 0

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Private Yard

Lot

  • Lot size: 2,125 sqft
  • Lot size dimensions: 25 x 85

Parking

  • Total spaces: 1
  • Parking features: Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Earthquake
Inland Flooding
Lightning
Strong Wind
Winter Weather

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 $1,491$17,892
Home Insurance $174$2,088
Property Taxes $372$4,464
Electricity $175$2,103
Total$2,212$26,544

Income You'd Need if You Spent...

35% on housing$75,840/yr
40% on housing$66,360/yr
45% on housing$58,986/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

$206This listing

vs Other Active Listings

Avg $/sqft

ZIP 37421$192
Hamilton County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 37421
Hamilton County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-11-03Price change$309,900
2025-10-01Listed for sale--

New Construction Spec

AgentBrenda Jean Adamson
BrokerageThe Group Real Estate Brokerage

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