471 Grayson Way

Signal Mountain, TN 37377

$450,000
Price
77,041 / 1.77
Lot Size / Acres
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Description

This is a high-yield, utility-ready portfolio designed for the sophisticated mobile home investor. Situated in the sought-after Signal Mountain market, this offering consists of three distinct parcels, each providing independent infrastructure that drastically reduces the barrier to entry and ongoing overhead. Unlike typical park deals, this property offers the autonomy of individual land ownership with the scalability of a multi-unit operation. The first parcel features a 3-bedroom, 2-bathroom double-wide...This is a high-yield, utility-ready portfolio designed for the sophisticated mobile home investor. Situated in the sought-after Signal Mountain market, this offering consists of three distinct parcels, each providing independent infrastructure that drastically reduces the barrier to entry and ongoing overhead. Unlike typical park deals, this property offers the autonomy of individual land ownership with the scalability of a multi-unit operation. The first parcel features a 3-bedroom, 2-bathroom double-wide that is fully renovated and ready for immediate tenant placement. The second parcel contains a 3-bedroom, 1-bathroom single-wide, also in rent-ready condition. Both existing units have been professionally detitled, streamlining the path for conventional financing or a clean future exit. The third parcel is a prepared, vacant lot that serves as the immediate value-add play. It is already equipped with its own dedicated power pole, water connection, and septic system. This allows an investor to move a third unit onto the site and achieve a 100 percent occupancy rate without the typical delays associated with permitting and utility installation. The strategic layout of separate utilities for every lot ensures simplified management and clear cost allocation. With all units currently vacant, the buyer can set market-rate rents from day one in a location known for high demand and limited inventory. This is a rare, plug-and-play assembly of assets that balances immediate cash flow with significant equity upside.
  1. Listed by Tag Thompson • Oak and Willows Real Estate Collective PLLC

Property Details for 471 Grayson Way

Waterfront
No
LISTING UPDATED: 03/04/2026 02:36 PM

Property Details for 471 Grayson Way

StatusActive
MLS #1529702
Days on Market75
Taxes$186 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeResidential / Farm
Year Built1994
Lot Size1.77 AC
CountySequatchie County
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Location

Listing Courtesy of Oak and Willows Real Estate Collective PLLC, Tag Thompson (678.371.1724)
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Building Information for 471 Grayson Way

Lot Size1.77 AC

Payment Calculator

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$2,281 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,266

Property Taxes

$16

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 471 Grayson Way

Summary
Location and General Information
  • City: Signal Mountain
  • County Or Parish: Sequatchie
  • Latitude: 35.189341
  • Longitude: -85.363439
  • Postal Code: 37377
  • State Or Province: TN
  • Subdivision Name: None
Taxes and HOA
  • Tax Legal Description: 092 07112
  • Additional Parcels: Yes
  • Parcel Number: 092 07112 000
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $186
School Information
  • Middle Or Junior School: Sequatchie Middle
  • High School: Sequatchie High
  • Elementary School: Griffith Elementary School
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Attached Garage: Yes
  • Carport Spaces: 1.0
Property
Lot Information
  • Lot Features: Other
  • Lot Size Dimensions: 145X181
  • Lot Size Acres: 1.77
  • Living Area Source: Owner
  • Lot Size Square Feet: 77041.0
  • Building Area Total: 2250.0
  • Lot Size Units: Acres
  • Living Area: 2250.0
Property and Assessments
  • Property Type Label: Residential
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1994
  • Property Type: Residential
  • Property Sub Type: Farm
Utilities
  • WaterSewer : Septic Tank: Yes
  • Water Source: Public
  • Utilities: Water Connected
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Other
  • Community Features: Other
  • Parking Features: Other
  • Exterior Features: Other
Interior Features
  • Fireplace: No
  • Bedrooms Total: 6
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Rooms Total: 0
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Heating: Yes
  • Foundation Details: See Remarks
  • Cooling: See Remarks
  • Heating: Other
  • Flooring: Other

Property History for 471 Grayson Way

DateEvent & SourcePriceAppreciation
Mar 3, 2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1529702

$450,000—
DateEvent & SourcePrice
03/03/2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1529702

$450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 471 Grayson Way

Taxable ValueLand$4,050Additions$6,100Total$10,150
Tax Record2024$186 ($16 / month)
Home Facts
Total Finished SqFt1,296 SqFtAbove Grade Finished SqFt1,296 SqFtStories1Lot Size26,136 SqFtStyleMobile / Manufactured HomeYear Built1994CountySEQUATCHIEAPN092 07112

Schools near 471 Grayson Way

This home is within Sequatchie County School District.
Rating
School
Type
Grades
Distance
Griffith Elementary School
Public - PK to 4
Sequatchie Co Middle School
Public - 5 to 8
Sequatchie Co High School
Public - 9 to 12
Rating
School
Distance
Griffith Elementary School
PublicPK to 4

Sequatchie Co Middle School
Public5 to 8

Sequatchie Co High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 471 Grayson Way, Signal Mountain, TN 37377

471 Grayson Way is a 1.77 ac of land for sale in Signal Mountain, TN 37377. This property was listed for sale on March 4, 2026 by Oak and Willows Real Estate Collective PLLC, it's currently listed at $450,000. This listing's school district is Sequatchie County School District. Nearby schools include Griffith Elementary School, Sequatchie Co Middle School and Sequatchie Co High School. 471 Grayson Way is a 6-bed, 3-bath, 2,250 sqft 1.77 ac of land built in 1994 on a 77,041 sq. ft. / 1.77 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oak and Willows Real Estate Collective PLLC, Tag Thompson (678.371.1724)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 03/04/2026 02:36 PM