Derby Downs Phase I Homes with FHA Terms

Derby Downs Phase I Homes with FHA Terms

Welcome to Derby Downs Phase I, an inviting subdivision nestled in the heart of Chattanooga, Tennessee, within the picturesque Hamilton County. This charming community is designed for those who seek a blend of modern living and serene surroundings. With its lush landscapes and friendly atmosphere, Derby Downs Phase I is perfect for families, professionals, and retirees alike.

The homes in this subdivision are thoughtfully crafted, boasting contemporary designs and features that cater to today’s lifestyle. Each residence reflects a commitment to quality and comfort, making it easy for you to envision your future here. With a variety of floor plans available, there’s something to suit every taste and need. Whether you’re looking for a cozy starter home or a spacious family retreat, Derby Downs Phase I has it all.

One of the standout features of this community is the availability of homes with FHA financing options. This means that first-time homebuyers and those looking to make a smart investment can take advantage of accessible financing terms. The FHA loans provide a pathway to homeownership with lower down payment requirements, making it easier for you to step into your dream home without the financial burden that often accompanies buying property.

In addition to the beautiful homes, Derby Downs Phase I offers easy access to local amenities, including shopping, dining, and recreational activities. The nearby parks and green spaces provide an ideal backdrop for outdoor enthusiasts, while the vibrant downtown Chattanooga is just a short drive away, offering a wealth of cultural experiences.

Discover the charm and community spirit of Derby Downs Phase I—where your dream home awaits!

Newest Derby Downs Phase I Homes with FHA Terms

$525,000
4 Beds 3 Baths 1538421 MLS
Nestled in the quiet, well-established Derby Downs neighborhood, this home offers the perfect blend of comfort and convenience. Known for its welcoming atmosphere, beautifully maintained homes, and easy access to parks, shopping, dining, everyday amenities, and local schools, Derby Downs is a wonderful place to call home. This inviting 4-bedroom, 2.5-bath residence offers generous living space, a functional floor plan, and a backyard designed for relaxing, entertaining, and making lasting memories with family and friends. Step inside to a welcoming two-story foyer with beautiful hardwood floors and an abundance of natural light. The spacious living room features a cozy brick gas fireplace and flows seamlessly into the kitchen and breakfast area, creating an ideal space for everyday living and entertaining. The kitchen combines style and function with granite countertops, custom cabinetry, stainless steel appliances, and a pantry. The main level also offers a flexible room that's perfect for a home office, playroom, or guest room. In addition, there is a formal dining room that could also serve as a keeping room or second living area. A mudroom, laundry room, and convenient half bath complete the main floor. Upstairs, you'll find three additional bedrooms, including a spacious primary suite with a walk-in closet and private bath. A second full bath and a large bonus room offer endless possibilities as a media room, playroom, home gym, hobby space, or a possible fifth bedroom if desired. The backyard is where this home truly shines. The fully fenced outdoor space is thoughtfully designed for both relaxation and entertaining, featuring an in-ground pool, a spacious patio for grilling and gatherings, a hot tub tucked beneath a pergola, and a fire pit perfect for enjoying cool evenings. Offering spacious living areas, flexible spaces to fit your lifestyle, and an outdoor retreat you'll enjoy year-round, this Derby Downs home is ready to welcome its next owners. Conveniently located near shopping, dining, parks, and major commuter routes, it combines everyday comfort with exceptional convenience. Schedule your private showing today!

2648 Churchill Downs Circle, Chattanooga

Listing courtesy of Horizon Sotheby's International Realty.

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