5514 Alabama AvenueChattanooga, TN 37409Price: $529,995

Step into the character and charm of 5514 Alabama Ave, a historic St. Elmo home built in 1900, ideally situated at the foot of Lookout Mountain. This distinctive bungalow showcases turn-of-the-century character blended with a unique rustic-industrial aesthetic and thoughtful modern updates. Offering 3 bedrooms, 2.5 baths, and 1,892 total square feet, including 1,106 square feet on the main level and 786 square feet of finished walk-out basement, the home sits on a large, fully fenced lot with exceptional outdoor potential. The main level features inviting living spaces, updated kitchen cabinetry, and a convenient half bath. The finished walk-out basement adds valuable flexibility with a spacious primary suite and full bath, along with an office nook, storage, and versatile space currently used as a gym that could easily serve as a den, media room, or additional office. Updated plumbing and electrical add to the home's functionality, along with numerous improvements made over the years.Outside, the expansive fenced backyard offers privacy, space, and possibilities. A recently completed concrete walkway extends from the side of the home all the way to the rear porch, creating an attractive and functional connection to the backyard. The substantial concrete pad is also large enough to support a future elevated deck, providing an opportunity to create an additional level of outdoor living space. Adding to the property's unique appeal is direct rear access from Shauff Pl., providing convenient access to the backyard and excellent potential for a future detached garage, studio, or accessory dwelling, subject to Historic Zoning Commission approval and applicable permits. With its historic character, flexible living spaces, generous lot, rear street access, and exciting potential for future improvements, 5514 Alabama Ave offers a rare opportunity to own a piece of St. Elmo history while creating something uniquely your own.