DEVELOPMENT PROFILE

* Name: Elder Cove

* Location: Off Browns Ferry Road in Lookout Valley at the base of Elder Mountain

* Lots: 66 lots, from $42,000 to $52,000

* Home prices: $180,000s to $250,000s

* Status: Two speculative and two custom homes are under construction.

* Developers: 3 Amigos Land Co. and Richard Brown

* Builders: Craig Gilbert and Randy Chapman; other builders are welcome

* Site contractor: Tripp Brown of Brown Brothers Inc.

* Marketing: Crye-Leike New Homes Division, Suzanne Watson, Monty Reeves and Tina Holley; 421-7653 and 488-5018

DEVELOPMENT FEATURES

* Amenities: Walking trails, sidewalks, community lot, lake with rock waterfall; underground utilities; city sewer

* Selling points: Elder Cove is minutes from downtown Chattanooga. The development has views of Elder, Lookout and Raccoon mountains. Brown’s Ferry Landing Marina is nearby, Mr. Reeves said.

* Home exteriors: Brick, mountain stone, vinyl or fiber-cement board. Synthetic stone is permitted.

* Home interiors: Tile, hardwood, crown molding, granite countertops, stainless steel appliances

* Home sizes: Minimum of 1,500 square feet; average of 1,500 to 2,200 square feet

* Model home: To open soon