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355 Leatha Lane

Cleveland, TN 37312
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Bed 3

Bed

Bath 4

Bath

SqFt4,144

Sqft

Acres1.18

Acres(Lot)

$5,000 appliance allowance offered at closing Exceptional value and opportunity in this spacious estate-owned home, priced at $679,000 -- well below its $835,000 tax valuation. This pricing reflects the updates needed while creating a unique chance to build equity and personalize a home in the well established Mountain Creek Subdivision. Discover the potential to create your dream home in this spacious and functionally designed residence. Offering approximately 4,144 finished square feet plus 1,260 unfinished, this 1.5-story residence features 3 bedrooms, 3.5 baths, and a partially finished basement. The home showcases a functional and inviting layout with a grand two-story foyer, gleaming hardwood floors, granite countertops, and a formal dining room with a distinctive barreled ce iling and wainscoting. The main living area features vaulted ceiling, a fireplace with a stacked stone surround and built-in cabinetry, adding warmth and character. The keeping room off the kitchen connects to the open living room allowing for easy entertaining. The keeping room features a vaulted ceiling, a 2nd fireplace (also with a stacked stone surround) and a door leading out to the covered porch facing the private back yard. There is also an additional covered porch great for enjoying your morning coffee or a quick family meal. The primary en suite is located on the main level with vaulted ceiling and a door leading to a covered porch. The en-suite bath has ample room with a double vanity, linen pantry, jetted tub, tiled shower and large walk in closet. Additional highlights include extensive trim and crown molding, architectural details throughout, dual staircases to the second level (main level and garage entry), walk-in closets, generous storage, a spacious laundry room, and a Jack-and-Jill bath on the upper level. The upper level also features a 2nd primary en suite and unfinished floored attic space suitable for conversion to office or play room. Double garage on main level and single garage door in basement The partially finished basement offers additional living space with a family room and full bath. 1,260 sq ft of additional unfinished space in the basement offers excellent potential for expansion and customization for added value making it perfect for a potential mother-in-law suite, home theater or gym. The additional garage in the basement is deep enough for a boat or several vehicles. French doors open to a patio that can be easily screened in, offering a seamless connection to outdoor living overlooking the private back yard with an abundance of wild life. Whether you're looking to create your ideal home or capitalize on a value-add opportunity, this property offers both space and potential in one compelling package. This home is being sold as-is as part of an estate sale. Buyers should expect to invest in updates and repairs; however, the pricing has been strategically set so that the total investment still positions the property below surrounding neighborhood values--making it a compelling opportunity for both homeowners and investors. Schedule your showing today and explore the potential this property has to offer.

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Detail Ic Property Details

Property Type : Residential

Price : $679,000

AD Id : 88063305

MLS Id : 1517344

Beds : 3

Lot Size : 1.18 Acres

Living Area Size : 4,144

Year Built : 2007

Garage : 2

County : Bradley

Subdivision: Mountain Creek

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Rooms Total: 9 Has Basement: Yes Basement: Finished, Full, Partially Finished
  • Flooring Information

    Carpet, Ceramic Tile, Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Bookcases, Breakfast Bar, Ceiling Fan(s), Crown Molding, Granite Counters, Walk-In Closet(s), Master Downstairs Roof: Shingle Appliances: None, Electric Water Heater Laundry Features: Laundry Room, Main Level
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric, Multi Units

  • Building Information

    Year Built: 2007 Building Area Total: 4144 Construction Materials: HardiPlank Type, Stone, Vinyl Siding Stories: 1 Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch, Porch Pool Features: None Private Pool: No Association Fee Frequency: Annually
  • Exterior Features

    Exterior Features: Storage

  • Lot Information

    Lot Dimensions: 100x394x240x306 Main Square Feet: 1.18 Acres Lot Size Acres: 1.18 Lot Size Square Feet: 51400.8 Lot Description: Front Yard, Landscaped, Level, Many Trees, Near Golf Course

    Property Information

    Subdivision: Mountain Creek Source Property Type: Residential Property SubType: Single Family Residence Levels: One and One Half, Three Or More Property Age: 19

  • Listing Price Information

    Listing Price: $679000 Cash, Conventional

  • Tax Information

    Parcel Number: 021b B 002.00 Annual Tax: $2201.36 Tax Legal Desc: Lot 32 , 355 Letha Lane NE Cleveland TN 37312-6444

  • Parking Information

    Concrete, Driveway, Garage, Garage Faces Side, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
    Homeowners Association Information
    Has Association: Yes HOA: $130.00 Community Features: None

  • School Information

    Elementary School: Charleston Elementary
    Junior High School: Charleston Middle
    Senior High School: Walker Valley High
  • Utility Information

    Electricity Available, Electricity Connected, Water Available, Water Connected
  • Location Information

    Direction: N Lee hwy to Left onto Walker Valley Rd, turn Left onto Leatha Lane, Home on Left, watch for Sign. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 25 Jakes Way, Cleveland, TN, 37312 $469,900 4 3 2,200 2,200 SqFt
5216 Norah Place, Cleveland, TN, 37312 $379,900 3 2 1,373 1,373 SqFt
3024 NW Three Creeks Dr.., Cleveland, TN, 37312 $276,900 3 3 1,526 1,526 SqFt
LOT 3 Willow Run Trail, Cleveland, TN, 37312 $379,900 3 2 1,500 1,500 SqFt
LOT 100 Falcon Crest Su.., Cleveland, TN, 37312 $600,000 3 4 2,680 2,680 SqFt
LOT 24 Willow Run Trail, Cleveland, TN, 37312 $499,900 4 3 2,456 2,456 SqFt
129 Skyline Way, Cleveland, TN, 37312 $344,000 4 4 2,170 2,170 SqFt
130 Skyline Way, Cleveland, TN, 37312 $381,080 3 2 1,676 1,676 SqFt
LOT 2 Willow Run Trail, Cleveland, TN, 37312 $469,900 4 3 2,200 2,200 SqFt
5220 Norah Place, Cleveland, TN, 37312 $379,900 3 2 1,373 1,373 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/21/2026 @ 09:41

MLS: 1517344 LISTED BY: Kimberly Lewis, Crye-Leike, REALTORS 423-473-9545 SOURCE: Greater Chattanooga REALTORS

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