Cravens-Coleman Home At Cravens Terrace Goes On The Open Market For First Time

Wednesday, June 11, 2014

    Important to the Chattanooga real estate market is the first ever listing in the open market of “Kilomarnock”, also known as the “Craven-Coleman Home” as specified by the U.S. National Registry.

It is located in the “Cravens Colony”, an early neighborhood on the side of Lookout Mountain including the Cravens House,  “High Enough” and “Alta Vista” built near it and the site of The Battle Above the Clouds.

     The grand stone home has changed little since it was built in 1870 except for the last two of only three owners’ "refined finishes with elegant restraint." Its 11-foot ceilings, Victorian moldings, converted gold plated gas lit chandelier( exactly like ones in the Smithsonian), sweeping long entrance “wedding” staircase, its six fireplaces and its brass porthole ship’s window - an antique when put in 1870 - Civil War or earlier - are all intact. The refinished floors are original narrow oak and heart of pine upstairs.

     The master bedroom is indeed a suite having computer room/nursery, monstrous furniture quality, his and hers closets, two vanities, shower and five-foot claw foot tub.

     A deluxe kitchen via Scarletts complements the era. Plumbing is copper, and the wiring is new. A special aspect is the quaint architect-designed, East-oriented artist’s studio that is now a guest/poolhouse with kitchen.

     It is said that the grand house was built with funds from the Cravens’ buying up carriages, mules and horses from the Union Army after the Civil War and reselling them. The house was to be built for Jessie Roddye Cravens - the oldest son of the “old ironmaster” Robert Craven. Another story is it was to be occupied by President Abraham Lincoln’s cousin, a partner from Kentucky of the Cravens, but they had a falling out. Over the years frequent visitors to the house have included John Roy Baylor, founder of the Baylor School: Chief Justice John Marshall, a Coleman relative: President Jimmy Carter: and Mayor and now Senator Bob Corker.

 Call Charlie or Nathan Walldorf for particulars on this very historical offering. 423-756-2400


Schoolfield Mansion In North Chattanooga Sells For $1,360,000

The old Schoolfield mansion high on a peak of North Chattanooga has sold for $1,360,000. The house at 502 Forest Ave. was restored by William S. Huntley. He sold it to Charles G. Pray and Dawn Steinberg . Dr. Pray is a chiropractor in North Georgia. The property was touted as having "quite possibly the most spectacular views in Chattanooga." The realty firm said, ... (click for more)

Real Estate Transfers For July 14-20

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

SEC Freezes Accounts Of 2 Chattanooga Brokers Accused Of Diverting $5 Million Raised From Investors

The Securities and Exchange Commission on Friday announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former Chattanooga brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money as promised.  In an emergency action filed in Federal Court in Chattanooga, the SEC alleges that James Hugh ... (click for more)

Downtown Landmark The James Building Sold For The 2nd Time In 2 Years

A longtime downtown Chattanooga landmark, the James Building, has been sold just two years after trading hands. The former owners of Rivermont Golf and Country Club bought the 12-story office building in May 2014 from Luken Holdings for $5.1 million. Rivermont James Building LLC has now sold the skyscraper for $5,868,000. The sale was to Dew James LLC. Knoxville attorney ... (click for more)

America Is The Main Issue - And Response (4)

Many get tired of hearing this, but to stay at home on election day, vote Libertarian, or write in your favorite candidate, will insure that the issues of Libertarians and other points of view, will never be solved in your lifetime. Hillary Clinton's Supreme Court appointments will continue Obama's destruction for many years to come. I fully understand that Donald Trump may ... (click for more)

Roy Exum: Hot Cars And Stuff

As of Friday afternoon, there was a one-year-old girl in Birmingham clinging to her life after she was absent-mindedly left in a parked car this week. With an outside temperature in the mid-90s, it is estimated the inside temperature in a locked automobile will be over 140 degrees so please know our Good Samaritan laws give you “a free pass” to bash a window out if you see an infant ... (click for more)