3-Bedroom Home on a Secluded Lot in East Ridge, Tennessee, Offered at Online Auction

A three-bedroom home on a spacious, secluded lot in East Ridge, Tennessee, is being offered through an online-only auction. Located at 20 Laurel Lane, the property combines a quiet cul-de-sac setting with multiple living areas, a partially finished basement, garage and carport parking, and a newly installed septic system.

The home is situated on the east side of historic Missionary Ridge, near South Seminole, Ringgold Road, and Bragg Reservation. Its location offers a residential setting while remaining within reach of shopping, restaurants, schools, healthcare facilities, and other conveniences in East Ridge and nearby Chattanooga.

The property is being marketed with an estimated value of $50,000. This figure is not the final selling price or a guaranteed purchase amount. The final price will be determined through competitive bidding at auction.

For buyers interested in a property with renovation potential, additional living space, and a private location, this auction may be worth investigating.

Secluded Cul-de-Sac Location in East Ridge

One of the property’s notable features is its position at the end of Laurel Lane. The cul-de-sac setting offers limited through traffic and a quieter residential atmosphere compared with homes located along busier roads.

The large surrounding lot provides outdoor space for landscaping, gardening, recreation, or outdoor seating. Buyers should review the property boundaries and lot measurements to understand exactly how the land can be used.

The home is conveniently positioned near South Seminole and the established neighborhoods around Missionary Ridge. Its location may appeal to buyers who want a more private residential setting without being far from everyday services and commuting routes.

Main-Level Living with Three Bedrooms

The main level includes three bedrooms and one full bathroom, providing a traditional layout with the convenience of having the primary living areas and bedrooms on the same floor.

Hardwood flooring is one of the home’s notable interior features. The existing floors add traditional character and may offer an opportunity for refinishing, depending on their condition.

The living room and dining room share a combined arrangement, creating a practical area for everyday activities, family gatherings, and entertaining. The layout provides flexibility for buyers who may want to maintain a more traditional arrangement or explore design updates.

The kitchen is positioned to serve the main level and offers an opportunity for future customization. Buyers considering improvements should evaluate the existing cabinetry, appliances, plumbing, electrical connections, and available space before planning a renovation.

The three bedrooms may accommodate household members or serve alternative purposes, such as guest rooms, a home office, or hobby spaces. The property also has central heating and air conditioning, according to the supplied listing information.

Partially Finished Basement with Fireplace and Additional Living Space

A major feature of the property is its partially finished basement, which adds another level of usable space.

The lower level includes a dedicated office that could serve as a workspace, study, hobby room, or private area. With more buyers considering work-from-home arrangements, a separate office can be a useful feature.

The basement also has a den or secondary living area. Depending on a buyer’s needs, this space could accommodate a family room, media area, game room, exercise space, or recreational room.

A wood-burning fireplace serves as a focal point in the basement den, adding traditional character and potentially providing another source of warmth. Buyers should have the fireplace and chimney inspected before use.

The lower level also includes a full bathroom combined with a laundry area. This arrangement adds convenience and gives the basement additional functionality for guests or household activities.

As with any partially finished basement, prospective buyers should inspect for moisture, drainage concerns, foundation issues, and the condition of finished surfaces. The usable space and any potential future improvements should be evaluated in light of applicable building requirements.

Garage, Carport, and Newly Installed Septic System

The property includes a one-car garage that may provide enclosed parking, storage, or potential workshop space, depending on its condition and layout.

A separate carport offers additional covered parking for another vehicle or visitors. These features can be practical for homeowners who need space for vehicles, equipment, or outdoor supplies.

Another important detail is the reported newly installed septic system. A septic replacement can represent a significant expense, so this reported improvement may be an important consideration for prospective bidders.

However, buyers should request documentation showing when the system was installed, whether the work was properly permitted, and whether the system has the required approvals. Its condition, capacity, and compliance should be independently verified.

A Large Lot with Room for Outdoor Activities

The spacious lot is another part of the property’s appeal. Its secluded position at the end of the cul-de-sac provides an outdoor setting that may suit buyers who value additional space around their home.

Depending on the exact boundaries, terrain, and local requirements, the property may offer opportunities for landscaping, gardening, outdoor seating, or recreational use.

Buyers should confirm the lot size, property lines, access arrangements, and any easements or restrictions before making assumptions about future improvements.

The combination of a large lot and a flexible interior layout may appeal to both owner-occupants and investors looking for a property they can update over time.

Convenient Location Near Missionary Ridge and Chattanooga

The home is located on the east side of historic Missionary Ridge, an established area near East Ridge and Chattanooga.

Its proximity to South Seminole, Ringgold Road, and Bragg Reservation provides access to surrounding residential areas and local conveniences. Shopping, restaurants, schools, parks, healthcare facilities, and major commuting routes are among the services and destinations buyers may find useful.

The location offers a combination of residential privacy and access to the wider Chattanooga area. Prospective buyers should check actual driving distances and travel times based on their daily destinations.

Potential for Homeowners and Investors

With three bedrooms on the main level, two full bathrooms across the home, and additional basement living space, the property offers several possible uses.

An owner-occupant may appreciate the traditional floor plan, hardwood flooring, central heating and air conditioning, and the opportunity to personalize the interior. The partially finished basement provides additional space that could accommodate different household needs.

Investors may also consider the property because of its location, garage and carport parking, multiple living areas, and potential for improvements. However, rental demand, renovation costs, financing options, and the home’s current condition should be carefully researched before estimating any investment returns.

The estimated $50,000 value should not be treated as a confirmed purchase price. Competitive bidding may result in a substantially different final amount.

Online Auction Details for 20 Laurel Lane

The property is being offered through an online-only auction hosted on the PottsBrothers website. The supplied auction information lists the following terms:

• Auction format: Online only
• Auction website: PottsBrothers
• Bidding begins: May 29
• Bidding ends: June 9
• Estimated value: $50,000
• Down payment: 20% due at auction close
• Remaining balance: Due within 30 days
• Buyer’s premium: 10%
• Inspection: To be scheduled

The estimated value is provided for reference and does not represent the final selling price. The buyer’s premium is an additional auction cost that bidders should include when calculating their potential total purchase expense.

The supplied auction information does not specify the year for the May 29 and June 9 dates. Buyers should confirm the applicable year, current auction status, bidding deadlines, and complete terms directly with PottsBrothers before participating.

Prospective bidders should also clarify accepted payment methods, deposit requirements, closing procedures, title arrangements, and any additional fees. The 20% down payment and 30-day balance deadline should be reviewed carefully to ensure that funds can be made available within the required timeframe.

What Buyers Should Verify Before Bidding

Because the property is being sold at auction, interested buyers should complete as much research as possible before placing a bid. Important considerations include:

• Property condition: Inspect the roof, foundation, exterior, interior finishes, and major structural components.
• Electrical and plumbing: Evaluate the existing wiring, electrical panel, plumbing, and fixtures.
• Heating and cooling: Confirm the condition and operation of the central heating and air-conditioning systems.
• Septic system: Request installation records, permits, inspection reports, and information about system capacity.
• Basement: Check for moisture, drainage problems, foundation concerns, and the condition of the fireplace.
• Property boundaries: Confirm the lot dimensions, access, easements, and any restrictions.
• Auction costs: Review the buyer’s premium, deposit requirements, payment deadlines, and other fees.
• Sale conditions: Determine whether the property is being sold as-is and review all applicable auction documents.

An auction purchase can involve different procedures and risks from a traditional real estate transaction. Buyers should understand the contract terms and any inspection limitations before bidding.

Final Thoughts on This East Ridge, Tennessee, Auction Property

The home at 20 Laurel Lane offers three main-level bedrooms, two full bathrooms, hardwood flooring, a partially finished basement, a wood-burning fireplace, a one-car garage, and additional carport parking. Its large lot and secluded cul-de-sac location add to its potential appeal.

The reported newly installed septic system is another feature worth investigating, while the basement office and den provide additional flexibility beyond the main living areas.

With an estimated value of $50,000, this property may attract attention from buyers looking for an auction opportunity in East Ridge. However, the estimated figure is not a guaranteed selling price, and the final amount will depend on competitive bidding.

Anyone interested should review the complete auction terms, arrange an inspection if available, and confirm the bidding dates and current status directly through the PottsBrothers website before participating.

From: Zillow