587 Lakes Road
Description
- Listed by: Daniel Vaks • Real Estate Partners Chattanooga LLC
Location
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$8,215 per month
30 year fixed, 6.71% Interest
$8,010
$206
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1Property Information for 587 Lakes Road
- Taxes: $2,468 / year
- MLS Type: Residential Income / Mixed Use
- County: Grundy County
- Architectural Style: Other
- Waterfront: Yes
- Stories: 1
- Residences: 10
- Year Built: 1946
- Lot Size: 47.00 AC / 2,047,320 SF
- City: Tracy City
- County Or Parish: Grundy
- Directions: Take the ramp on the right for I-59 / I-24 West and head toward Birmingham / Nashville 7.7 mi Keep straight to stay on I-24 W / GA-409 W Entering Georgia 3.9 mi Keep straight
- Latitude: 35.2647
- Longitude: -85.719098
- Postal Code: 37387
- State Or Province: TN
- Subdivision Name: None
- Flood Zone : Yes: Yes
- Road : Gravel: Yes
- Road : Paved: Yes
- Tax Legal Description: SEE 120 PG 533-535-537
- Additional Parcels: No
- Parcel Number: 102 06000 000
- Association Fee: $0
- Association: No
- Tax Annual Amount: $2,468
- Middle Or Junior School: Tracy City Middle
- High School: Grundy County High
- Elementary School: Tracy City Elementary
- Attached Garage: No
- Lot Features: Irregular Lot, Many Trees, Paved, Private, Secluded, Sloped, Views, Wooded
- Lot Size Dimensions: IRR
- Lot Size Acres: 47.0
- Living Area Source: Tax Records
- Lot Size Square Feet: 2047320.0
- Building Area Total: 11400.0
- Lot Size Units: Acres
- Living Area: 11400.0
- Property Type Label: Residential Income
- New Construction: No
- Floor Plans Count: 0
- Year Built: 1946
- Property Type: Residential Income
- Property Sub Type: Mixed Use
- WaterSewer : Septic Tank: Yes
- Water Source: Public
- Senior Community: No
- Construction Materials: Wood Siding
- Community Features: Clubhouse, Gated, Lake, Tennis Court(s), Other
- Parking Features: Gravel, Off Street
- Exterior Features: Balcony, Barbecue, Courtyard, Fire Pit, Outdoor Grill, Playground, Private Entrance, RV Hookup, Storage, Tennis Court(s), Uncovered Courtyard
- Roof: Metal
- Roofing : Metal: Yes
- Fireplace: No
- Bedrooms Total: 4
- Appliances: Oven, Microwave, Electric Water Heater, Dryer
- Bathrooms Total Integer: 4
- Bathrooms Total Decimal: 4.0
- Bathrooms Total Notational: 4.0
- Cooling: Yes
- Heating: Yes
- Foundation Details: Block
- Cooling: Ceiling Fan(s), Varies by Unit
- Heating: Electric, Exhaust Fan
- Levels: One
- Interior Features: Breakfast Nook, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Plumbed
- Flooring: Wood
- Stories: 1
- Green Features : Dryer: Yes
- Green Features : Microwave: Yes
- Green Features : Refrigerator: Yes
- Dining : Breakfast Nook: Yes
- Description: one story cabin
- Description: 1 Story Cabin
- Description: 1 Story Cabin
- Description: 1 Story Unit
- Description: 1 Story Cabin
- Description: 1 Story Cabin
- Description: 1 Story Cabin
- Description: 1 Story Cabin
- Description: 1 Story Cabin
- Description: 1 Story Cabin
- Number Of Units Total: 10
- Unit 1 : Bedrooms: 0
- Unit 1 Features : Den: No
- Unit 1 Features : Efficiency: No
- Unit 1 Features : Kitchen: Yes
- Unit 1 Features : Microwave: Yes
- Unit 1 Features : Refrigerator: Yes
- Unit 1 Features : Separate Dining: No
- Unit 2 : Bedrooms: 1
- Unit 2 Features : Den: No
- Unit 2 Features : Efficiency: No
- Unit 2 Features : Microwave: Yes
- Unit 2 Features : Refrigerator: Yes
- Unit 2 Features : Separate Dining: No
- Unit 3 : Bedrooms: 2
- Unit 3 Features : Kitchen: Yes
- Unit 3 Features : Den: No
- Unit 3 Features : Efficiency: No
- Unit 3 Features : Living Room: Yes
- Unit 3 Features : Microwave: Yes
- Unit 3 Features : Refrigerator: Yes
- Unit 3 Features : Separate Dining: Yes
- Unit 4 : Bedrooms: 1
- Unit 4 Features : Kitchen: Yes
- Unit 4 Features : Efficiency: Yes
- Unit 4 Features : Living Room: Yes
- Unit 4 Features : Microwave: No
- Unit 4 Features : Refrigerator: Yes
- Unit 4 Features : Separate Dining: No
- Tenant Pays: None
- Pets Allowed: Yes
Property History for 587 Lakes Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 8, 2026 | Price Change Greater Chattanooga Association of REALTORS #1529612 | $1,550,000 | — |
| May 27, 2026 | Price Change Greater Chattanooga Association of REALTORS #1529612 | $1,750,000 | — |
| Mar 2, 2026 | Listed (Active) Greater Chattanooga Association of REALTORS #1529612 | $1,799,995 | — |
| Jan 25, 2026 | Withdrawn REALTRACS #2889588 | $1,999,995 | — |
| Jan 24, 2026 | Withdrawn Greater Chattanooga Association of REALTORS #1510398 | $1,999,995 | — |
| May 21, 2025 | Price Change REALTRACS #2889588 | $2,300,000 | — |
| Apr 3, 2025 | Listed (Active) Greater Chattanooga Association of REALTORS #1510398 | $2,300,000 | — |
| Apr 26, 2022 | Closed REALTRACS #2292989 | $1,250,000 | — |
| Apr 25, 2022 | Closed Greater Chattanooga Association of REALTORS #1353893 | $1,250,000 | — |
| Apr 25, 2022 | Contract - Not Showing Greater Chattanooga Association of REALTORS #1353893 | — | |
| Apr 25, 2022 | Listed (Active) Greater Chattanooga Association of REALTORS #1353893 | $1,250,000 | — |
| Mar 31, 2022 | Contract - Not Showing REALTRACS #2292989 | — | |
| Mar 30, 2022 | Contract - Showing REALTRACS #2292989 | — | |
| Feb 9, 2022 | Listed (Active) REALTRACS #2292989 | — | |
| Jan 23, 2022 | Contract - Showing REALTRACS #2292989 | — | |
| Oct 1, 2021 | Listed (Active) REALTRACS #2292989 | — | |
| Sep 18, 2021 | Listed (Active) REALTRACS #2292989 | $1,300,000 | — |
| Mar 31, 2018 | Expired REALTRACS #1871118 | $475,000 | — |
| Mar 31, 2018 | Expired REALTRACS #1870912 | $475,000 | — |
| Oct 10, 2017 | Listed (Active) REALTRACS #1871118 | $475,000 | — |
| Oct 9, 2017 | Listed (Active) REALTRACS #1870912 | $475,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/08/2026 | Price Change Greater Chattanooga Association of REALTORS #1529612 | $1,550,000 |
| 05/27/2026 | Price Change Greater Chattanooga Association of REALTORS #1529612 | $1,750,000 |
| 03/02/2026 | Listed (Active) Greater Chattanooga Association of REALTORS #1529612 | $1,799,995 |
| 01/25/2026 | Withdrawn REALTRACS #2889588 | $1,999,995 |
| 01/24/2026 | Withdrawn Greater Chattanooga Association of REALTORS #1510398 | $1,999,995 |
| 05/21/2025 | Price Change REALTRACS #2889588 | $2,300,000 |
| 04/03/2025 | Listed (Active) Greater Chattanooga Association of REALTORS #1510398 | $2,300,000 |
| 04/26/2022 | Closed REALTRACS #2292989 | $1,250,000 |
| 04/25/2022 | Closed Greater Chattanooga Association of REALTORS #1353893 | $1,250,000 |
| 04/25/2022 | Contract - Not Showing Greater Chattanooga Association of REALTORS #1353893 | — |
| 04/25/2022 | Listed (Active) Greater Chattanooga Association of REALTORS #1353893 | $1,250,000 |
| 03/31/2022 | Contract - Not Showing REALTRACS #2292989 | — |
| 03/30/2022 | Contract - Showing REALTRACS #2292989 | — |
| 02/09/2022 | Listed (Active) REALTRACS #2292989 | — |
| 01/23/2022 | Contract - Showing REALTRACS #2292989 | — |
| 10/01/2021 | Listed (Active) REALTRACS #2292989 | — |
| 09/18/2021 | Listed (Active) REALTRACS #2292989 | $1,300,000 |
| 03/31/2018 | Expired REALTRACS #1871118 | $475,000 |
| 03/31/2018 | Expired REALTRACS #1870912 | $475,000 |
| 10/10/2017 | Listed (Active) REALTRACS #1871118 | $475,000 |
| 10/09/2017 | Listed (Active) REALTRACS #1870912 | $475,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 587 Lakes Road
Schools near 587 Lakes Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 8 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Tracy Elementary School PublicPK to 8 | ||
Grundy County High School Public9 to 12 | ||
Coalmont Elementary School PublicPK to 8 | ||
Pelham Elementary School PublicPK to 8 |
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Real Estate Partners Chattanooga LLC, Daniel Vaks (423.417.1414)
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: 08/02/2026 05:58 PM