New Construction in Chattanooga: Five Must-See New Construction Communities
Discover the Best New Construction Communities in Chattanooga
If you're considering a new home in Chattanooga, you're in for a treat. This city offers a blend of Southern charm and modern amenities, with new construction communities popping up across its picturesque landscapes. In this guide, we’ll explore five standout new communities in Chattanooga, each offering unique features, diverse home styles, and price ranges to fit various budgets.
1. Riverview Estates
Amenities and Lifestyle
Riverview Estates combines natural beauty with luxury living. Located near the Tennessee River, it offers scenic trails, parks, and waterfront access.
- Private clubhouse with a fitness center and pool
- Walking trails and open green spaces
- Pet-friendly parks and playgrounds
Price Range and Home Styles
Homes in Riverview Estates range from $450,000 to $750,000. Styles include Craftsman, Colonial, and modern single-family homes, each designed to provide comfort and elegance.
Unique Features
The proximity to the river and private amenities make Riverview Estates ideal for families and nature lovers alike.
2. Lookout Mountain Villas
Amenities and Lifestyle
Lookout Mountain Villas is a luxury community known for breathtaking views and upscale amenities.
- Resort-style pool and spa
- Community gardens and scenic overlooks
- Close proximity to Lookout Mountain’s hiking trails
Price Range and Home Styles
Starting at $650,000, these homes offer a mix of Mediterranean-style villas and luxury townhomes.
Unique Features
Lookout Mountain Villas’ elevation provides some of the best views in Chattanooga. Homes are designed to maximize these views with expansive windows and rooftop decks.
3. Signal View Estates
Amenities and Lifestyle
Signal View Estates is a family-friendly community located in the Signal Mountain area, offering excellent schools and outdoor recreation.
- Community center with a gym and sports courts
- Nature trails and picnic areas
- Access to Signal Mountain parks and activities
Price Range and Home Styles
Homes range from $350,000 to $600,000, with a variety of traditional and Craftsman-style homes.
Unique Features
Signal View Estates is perfect for families, with spacious homes and a welcoming community environment.
4. Southside Residences
Amenities and Lifestyle
For those who love city living, Southside Residences offers modern, urban-style living close to Chattanooga's vibrant Southside district.
- Rooftop terrace with panoramic views
- Modern gym facilities and coworking spaces
- Walking distance to restaurants, galleries, and shops
Price Range and Home Styles
With a price range from $300,000 to $500,000, Southside Residences offers condos and modern townhomes with minimalist designs and smart-home features.
Unique Features
Southside Residences bring the best of urban living to Chattanooga with easy access to nightlife, dining, and cultural events.
5. Mountain Ridge Estates
Amenities and Lifestyle
Mountain Ridge Estates is a tranquil community situated near the Chattanooga mountains, ideal for those seeking a retreat from city life.
- Community pool and hiking trails
- Mountain views and outdoor living spaces
- Spacious lots with private yards
Price Range and Home Styles
Homes range from $400,000 to $700,000, featuring styles like ranch and cabin-inspired designs that complement the natural surroundings.
Unique Features
Mountain Ridge Estates is perfect for nature enthusiasts, offering a peaceful, mountain-side setting with plenty of outdoor activities.
Mortgage Tips for New Construction Homebuyers
Buying new construction can differ from purchasing a pre-owned home, especially when it comes to financing. We spoke with local loan officer, Sarah Martinez, for advice on what buyers should consider before applying for a mortgage.
Should You Use the Builder’s Preferred Lender?
Many builders have a preferred lender, which can be beneficial as these lenders often understand the specific timelines and requirements of new construction. Builders may also offer incentives like reduced closing costs if you choose their lender.
However, Sarah advises buyers to compare offers from multiple lenders to find the best rate. “Don’t assume the builder’s lender has the best terms for you,” Sarah notes. “While incentives are attractive, an independent lender may offer lower rates or better loan structures.”
Other Important Mortgage Considerations
- Understand the construction timeline and how it affects your interest rate lock.
- Ask about financing options specifically designed for new construction.
- Review any penalties for early payments or changes in the loan terms.
Join Our VIP List for Chattanooga’s New Construction Listings
Stay ahead of the market with our exclusive VIP list. As a VIP member, you'll receive early access to the latest new construction homes in Chattanooga, along with updates on price reductions, open houses, and special builder incentives. Don’t miss out on your dream home—sign up for our VIP list today and let us guide you through finding the perfect new construction property in Chattanooga!
Why Choose Dixon Homes Realty?
At Dixon Homes Realty, we are committed to providing expert advice and personalized service to help you navigate Chattanooga’s new construction market. Our team is here to ensure you find a home that fits your lifestyle and budget.
