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163 Peerless Ave, Chattanooga, TN, 37405

3beds
3baths
1,500sqft
$499,998
$333price/sqft
$3,177/moest. monthly cost
$127,080/yrincome needed

About This Home

Welcome to refined townhome living in one of the area's most sought-after new developments. This beautifully appointed middle unit offers the perfect blend of modern style, smart design, and exceptional value. Step inside to discover an open main living level finished with durable, elegant laminate flooring, ideal for both everyday living and entertaining. Upstairs, the private sleeping quarters are warm and inviting, with plush carpeting throughout the bedrooms for added comfort. The bathrooms are thoughtfully designed, featuring upgraded glass shower doors in both the primary and first-floor bedroom baths for a clean, contemporary look. 163 Peerless delivers all the quality and craftsmanship this premier row of townhomes is known for, at a price that makes it one of the smartest opportunities in the community. Don't miss your chance to own in this exceptional development.

Getting Around

61
WalkingSomewhat Walkable
25
TransitSome Transit
54
BikeBikeable

Schools

4/10
5/10
Red Bank Middle SchoolGrades 6-83.9 mi
5/10
Red Bank High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Construction materials: HardiPlank Type

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Laminate
  • Finished area above ground: 1,500

Heating & Cooling

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

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 135f B 001 C027

Features

  • Stories: 3
  • Exterior features: Balcony
  • Has view: Yes

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 20 x 40

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Concrete,Garage,Garage Door Opener,Off Street,On Street,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
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 $2,528$30,336
Home Insurance $216$2,592
Property Taxes $258$3,096
Electricity $175$2,103
Total$3,177$38,124

Income You'd Need if You Spent...

35% on housing$108,925/yr
40% on housing$95,310/yr
45% on housing$84,720/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

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 37405$242
Hamilton County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 37405
Hamilton County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$499,998
2026-05-24Listed for sale$510,000

For Sale by Agent

AgentJoshua P Sheets
BrokerageKeller Williams Realty

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