
355 Leatha LN NW Cleveland, TN 37312
4 Beds
4 Baths
4,144 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1.18
Square Footage 4,144 sqft
Price per Sqft $163
Subdivision Mountain Creek Community
MLS Listing ID 20253412
Style Ranch
Bedrooms 4
Full Baths 3
Half Baths 1
Construction Status Functional
HOA Fees $130/ann
HOA Y/N Yes
Abv Grd Liv Area 3,384
Year Built 2007
Annual Tax Amount $2,201
Lot Size 1.180 Acres
Acres 1.18
Property Sub-Type Single Family Residence
Source River Counties Association of REALTORS®
Property Description
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 4 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 ceiling 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.
Location
State TN
County Bradley
Direction N Lee hwy to Left onto Walker Valley Rd, turn Left onto Leatha Lane, Home on Left, watch for Sign.
Rooms
Basement Finished, Full, Partially Finished, Unfinished
Interior
Interior Features Walk-In Shower, Walk-In Closet(s), Storage, Soaking Tub, Primary Downstairs, High Ceilings, Granite Counters, Eat-in Kitchen, Double Vanity, Bathroom Mirror(s), Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Crown Molding
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Multi Units
Flooring Carpet, Hardwood, Tile
Fireplaces Number 2
Fireplaces Type Gas, Gas Log
Fireplace Yes
Appliance See Remarks, None
Laundry Main Level, Laundry Room
Exterior
Parking Features Concrete, Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Community Features Curbs, None
Utilities Available Water Connected, Natural Gas Available, Electricity Connected
View Y/N false
Roof Type Shingle
Porch Covered, Deck, Porch, Rear Porch, Side Porch
Building
Lot Description Rural, Mailbox, Level, Landscaped
Dwelling Type House
Entry Level Three Or More
Foundation Slab, Stone
Lot Size Range 1.18
Sewer Septic Tank
Water Public
Architectural Style Ranch
Additional Building None
New Construction No
Construction Status Functional
Schools
Elementary Schools Charleston
Middle Schools Charleston
High Schools Walker Valley
Others
HOA Fee Include Other,None
Tax ID 021b B 00200 000
Miscellaneous $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 4 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 ceiling 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.
Acceptable Financing Cash, Conventional
Horse Property false
Listing Terms Cash, Conventional
Special Listing Condition Probate Listing

GET MORE INFORMATION
- San Antonio, TX For Sale
- 21st Century, Chattanooga, TN For Sale
- Alton Park / Piney Woods, Chattanooga, TN For Sale
- Amnicola / East Chattanooga, Chattanooga, TN For Sale
- Arbor Creek, Hixson, TN For Sale
- Arbor Landing, Hixson, TN For Sale
- Ashwood, Chattanooga, TN For Sale
- Audubon, Chattanooga, TN For Sale






