0 Prospect Road
About This Property
The rolling terrain rises to the homesite, where the elevation opens up the landscape and provides an opportunity to design a home that takes full advantage of the views. Surrounding wooded areas add privacy, natural beauty, and seclusion while still leaving plenty of room to create your vision for the property.
A recent soil analysis indicates suitable soils for a conventional septic system, helping make future building plans more straightforward. With approximately 7 acres, there is space beyond the homesite for a shop or outbuilding, gardens, trails, recreation, or simply additional privacy and room to enjoy the land.
Enjoy peaceful acreage living and abundant wildlife while remaining conveniently located to Chickamauga, Fort Oglethorpe, and Chattanooga.
For buyers wanting even more space, the adjoining approximately 7-acre tract is also available, creating the opportunity to own approximately 14 acres in total. Walk the property, stand at the elevated homesite, and experience the valley views firsthand. Final acreage and legal description to be established by survey and/or at closing.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Greater Downtown Realty dba Keller Williams Realty | $165,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
| |||
|
Discover an exceptional opportunity to own approximately 14 acres at the corner of Prospect Road and S Marble Top Road, offering a rare combination of sweeping valley views, extensive road frontage, privacy, and room to create something truly special. The property's rolling terrain rises to an elevated potential homesite overlooking the valley and surrounding countryside, providing a beautiful setting for a custom home designed to take full advantage of the long-range views. From there, the acreage stretches toward the prominent corner of Prospect Road and S Marble Top Road, providing substantial paved road frontage, convenient access, and added flexibility for how the property can be used and developed. With approximately 14 acres, there is plenty of room to think beyond the homesite. Create a private estate with a shop or additional structures, establish gardens and trails, bring your hobby farm vision to life, or simply preserve the surrounding acreage for privacy and recreation. Wooded areas throughout the property add natural beauty and seclusion, with abundant wildlife contributing to the peaceful rural setting.
A recent soil analysis indicates suitable soils for a conventional septic system, helping make future building plans more straightforward. Enjoy the freedom and space of acreage living while remaining conveniently located to Chickamauga, Fort Oglethorpe, and Chattanooga. Whether you're envisioning a private estate, hobby farm, family property, or long-term investment, this tract offers a compelling combination of views, frontage, access, and versatility that's becoming increasingly difficult to find. The property may also be purchased as two separate approximately 7-acre tracts, allowing buyers to choose the amount of land that best fits their plans. Walk the property, experience the elevated homesite and valley views firsthand, and explore everything these 14 acres have to offer. Final acreage and legal description to be established at closing.
| |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$275,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017