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542 Alexander DriveChattanooga, TN 37415Price: $745,000

  • Price: $745,000
  • Est. Mortgage of $/month
  • 12 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.06% last updated on Jan 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $745,000List Price
  • 5Bedrooms
  • 4Bathrooms
  • 0.2Acreage
  • 2021Year Built
  • 2,220Square Feet

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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.*

Property Details of 542 Alexander Drive

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 Listings courtesy of Realtracs as distributed by MLS GRID. Based on information submitted to the MLS GRID as of January 16, 2026 11:25 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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Listed by Carter Roberson of Re/Max Renaissance