3285-4 St Elmo Avenue , #4

Description

**Buyer incentive will be a 3.75% rate buy down for year 1, 4.75% for year 2, 5.75% for year 3, and 6.75% for year four and the remaining life of the loan, when using Carey Ann Cyr at CMG Financial as their mortgage lender. CMG Financial (not Tudor Building Group) will refinance with no origination fee after year 4, if rated drops below 6.75% only - no other incentives will be offered.** Welcome home to Saint Elmo Station! This brand new exclusive townhome community is in the heart of the South Broad area, seated along the new Tennessee Riverwalk expansion into Saint Elmo, and close enough to hear cheers from the new proposed Chattanooga Lookouts stadium. This community is within the Non-Owner occupied STVR overlay. Luxury finishes, rooftop decks with sunset views over Lookout Mountain, and private two car garage parking for each home is only the beginning of what you'll enjoy in this peaceful downtown community. These homes have been curated with the finest design selections, and feature thoughtful layouts with expansive windows that bring natural light and wooded surroundings inside. Step outside your front door and enjoy the new Tennessee Riverwalk expansion, Publix, Ruby Falls, Rock City, Incline Railway, Lula Lake Land Trust, Clumpie's Ice Cream, Goodman's Coffee, and so much more. Welcome to a quiet and more relaxed style of urban living. Estimated completion date is late March 2024. A gate will be installed at the entrance of the community at the conclusion of this project. This is your opportunity to lock in with today's prices before these townhomes are completed in Spring 2024!