Welcome to 7361 Sweet Magnolia Lane, a thoughtfully designed, custom-built home located in the highly sought-after Island Point neighborhood. Built just two years ago as a general contractor's personal residence, this exceptional property blends quality craftsmanship, space, and modern comfort on an over one-acre lot.
Offering 3,300 square feet of finished living space, the home features 5 bedrooms, including two bedrooms on the main level, and 4 full bathrooms, providing flexibility for guests, multigenerational living, or a home office setup. A spacious finished bonus room adds even more versatility for recreation, media, or additional living space.
The heart of the home is the kitchen, equipped with gas cooking, a commercial 4-foot gas stove, a large island, and premium finishes—perfect for entertaining and everyday living. The home is efficiently designed with gas heat and a tankless water heater for modern convenience. Car enthusiasts and hobbyists will appreciate the upper-level 2-car garage plus an impressive 24-foot-deep garage in the basement, offering ample room for vehicles, storage, or a workshop. The basement also includes approximately 1,000 square feet of unfinished space with 14-foot poured concrete walls, providing incredible potential for future expansion.
With quality construction throughout, generous living spaces, and a prime location, this home offers a rare opportunity to own a nearly new, custom-quality residence in one of the area's most desirable neighborhoods.
For sale
$775,000
7361 Sweet Magnolia Ln, Harrison, TN 37341
5beds
3,182sqft
Est.:
Single Family Residence
Built in 2023
1.27 Acres Lot
$761,100 Zestimate®
$244/sqft
$-- HOA
What's special
Spacious finished bonus roomLarge islandGas heatGenerous living spacesPremium finishesOver one-acre lotTankless water heater
- 2 days |
- 328 |
- 18 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 02, 2026 at 06:47pm
Listed by:
Brandi Pearl Thompson 423-401-8388,
Keller Williams Realty 423-664-1900
Source: Greater Chattanooga Realtors,MLS#: 1525923
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Gas Water Heater, Tankless Water Heater
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Features
- High Ceilings, Pantry, Primary Downstairs, Walk-In Closet(s), Tub/shower Combo, En Suite, Breakfast Nook, Separate Dining Room
- Flooring: Carpet, Hardwood, Tile
- Basement: Finished,Full,Unfinished
- Has fireplace: Yes
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 3,182
- Total interior livable area: 3,182 sqft
- Finished area above ground: 3,300
Property
Parking
- Total spaces: 3
- Parking features: Basement, Garage Door Opener, Off Street, Garage Faces Front, Garage Faces Side, Kitchen Level
- Attached garage spaces: 3
Features
- Levels: Two
- Patio & porch: Covered, Deck, Patio, Porch, Porch - Covered
- Exterior features: Other
Lot
- Size: 1.27 Acres
- Dimensions: 70.95 x 364.46
- Features: Level, Sloped, Split Possible, Wooded
Details
- Parcel number: 094l C 007
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other, Stone, Fiber Cement
- Foundation: Block, Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Harrison
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $498,700
- Annual tax amount: $2,798
- Date on market: 1/3/2026
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Estimated market value
$761,100
$723,000 - $799,000
$3,896/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2026 | Listed for sale | $775,000+2284.6%$244/sqft |
Source: Greater Chattanooga Realtors #1525923 Report a problem | ||
| 3/15/2017 | Sold | $32,500+44.4%$10/sqft |
Source: Greater Chattanooga Realtors #1249906 Report a problem | ||
| 5/29/2012 | Sold | $22,500$7/sqft |
Source: Greater Chattanooga Realtors #1102342 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,798 +195.8% | $124,675 +197.7% |
| 2023 | $946 +275.8% | $41,875 +272.2% |
| 2022 | $252 | $11,250 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,342/mo
Principal & interest
$3716
Property taxes
$355
Home insurance
$271
Climate risks
Neighborhood: 37341
Nearby schools
GreatSchools rating
- 4/10Snow Hill Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10Hunter Middle SchoolGrades: 6-8Distance: 3.7 mi
- 5/10Ooltewah High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Snow Hill Elementary
- Middle: Hunter Middle
- High: Ooltewah
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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