542 Alexander Drive, Chattanooga, TN 37415 (MLS # 1518910)
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*STVR Permit Ready - Exclusive Luxury in Red Bank's Stuart Heights* Welcome to 542 Alexander Drive, a rare opportunity offering modern design and a transferable Short Term Vacation Rental permit, which is very difficult to obtain in this area. This beautiful home combines style, function, and location for the ultimate lifestyle or investment property. Inside, the two story living room features soaring ceilings and Marvin windows that fill the home with natural light. The kitchen is a true showpiece with black slate GE appliances, a paneled Thermador refrigerator, hidden coffee bar, custom range hood, and a fabricated metal hanging shelf. The dining area, accented with palm wallpaper, flows seamlessly into the living space making it ideal for entertaining. The main level primary suite is a retreat with pocket doors that open to a spa style bath complete with dual vanities, a freestanding matte black tub, and a mosaic tile shower imported from Spain. A spacious walk in closet with custom shelving connects directly to both the bath and the laundry. Upstairs, four large bedrooms include a Jack and Jill bath along with an additional full bath, giving plenty of room for family, guests, or a home office. The location is hard to beat. Stuart Heights offers quiet charm with quick access to White Oak Park, Hixson Pike, and downtown Chattanooga in under ten minutes. The Chattanooga Golf and Country Club, Champions Club, and local favorites like Brother Bagel and Sidetrack are close by. The highly anticipated Riverton development around the corner is expected to add even more growth and value to this prime area. Do not miss this rare chance to own a modern luxury home with an active Short Term Vacation Rental permit in one of Chattanooga's most desirable neighborhoods. *Buyer and agent to verify the transferability of the Short Term Vacation Rental permit and all applicable regulations.*
| DAYS ON MARKET | 2 | LAST UPDATED | 8/21/2025 |
|---|---|---|---|
| TRACT | Stuart Hgts | YEAR BUILT | 2021 |
| COMMUNITY | Chattanooga | COUNTY | Hamilton |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Rivermont Elementary |
|---|---|
| Jr. High School | Red Bank Middle |
| High School | Red Bank High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Water Heater |
| AREA | Chattanooga |
| CONSTRUCTION | Fiber Cement |
| EXTERIOR | Private Yard, Rain Gutters |
| LOT | 8712 sq ft |
| LOT DIMENSIONS | 53x144x63x166 |
| PARKING | Driveway, Off Street, Paved |
| SEWER | Public Sewer |
| SUBDIVISION | Stuart Hgts |
| TAXES | 4695.96 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected, Underground Utilities |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing Courtesy of RE/MAX Renaissance Realtors
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This site was last updated on 8/21/25 6:35 AM PDT
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