*Luxury Living with an Active STVR Permit in Stuart Heights* Rarely does a home like this come available. Welcome to 542 Alexander Drive, a stunning modern home in Red Bank's desirable Stuart Heights neighborhood that includes an active Short Term Vacation Rental permit, a valuable opportunity that is increasingly difficult to find. Inside, the dramatic two story living room is filled with natural light from oversized Marvin windows and highlighted by soaring ceilings. The designer kitchen is truly one of a kind, featuring black slate GE appliances, a paneled Thermador refrigerator, hidden coffee bar, custom range hood, and a fabricated metal hanging shelf that serves as a statement piece. The dining area, accented with palm wallpaper, flows seamlessly into the main living space, creating the perfect setting for entertaining. The main level primary suite offers a private retreat with pocket doors leading to a spa inspired bath complete with dual vanities, a freestanding matte black soaking tub, and a mosaic tile shower imported from Spain. A custom walk in closet connects directly to both the bathroom and laundry room for added convenience. Upstairs, you'll find four spacious bedrooms, a Jack and Jill bath, and an additional full bath, providing flexibility for family, guests, home offices, or short term rental accommodations. Conveniently located just minutes from downtown Chattanooga, North Shore, White Oak Park, and Hixson Pike, Stuart Heights offers the perfect blend of accessibility and neighborhood charm. You'll also enjoy being close to local favorites like Brother Bagel, Sidetrack, Tremont Tavern, Chattanooga Golf & Country Club, and the highly anticipated Riverton development. Whether you're searching for a luxury primary residence, second home, or investment property, this home offers a rare combination of location, design, and income potential.