Exceptional Value with Incredible Potential! Unlock the opportunity to build instant equity with this spacious, custom-built home priced at just $156.83 per square foot, compared to a current neighborhood listing at $271.33 per square foot. Being offered to settle an estate, this property presents a rare chance to customize a quality home and make it your own. Priced below the current $835,000 tax appraisal.
Offering over 4,000 square feet of finished living space, plus an additional 1,260 square feet of unfinished space ready for future expansion, this 1.5-story home provides exceptional flexibility for today's lifestyle.
Step inside the impressive two-story foyer, where you'll find an elegant formal dining room featuring a distinctive barrel ceiling and classic wainscoting. The foyer also provides access to a convenient powder room and the main staircase, while a second staircase is located just off the oversized two-car garage for added convenience.
The kitchen is appointed with granite countertops and opens to a warm and inviting keeping room complete with a vaulted ceiling and cozy fireplace. From here, enjoy access to both a covered side porch and a covered rear porch overlooking the private backyard Designed for both comfortable family living and effortless entertaining, the main living room showcases a stunning stacked-stone fireplace flanked by custom built-in cabinetry and opens to the kitchen and keeping rooms. The main-level primary suite offers a peaceful retreat with vaulted ceilings, large windows overlooking the backyard, and private access to the covered rear porch. The ensuite bath includes a jetted soaking tub, tiled shower, double vanity, linen storage, and a generous walk-in closet. The toilet is tucked inside it's own alcove. The laundry room is also conveniently located on the main level.
Upstairs, you'll find two additional bedrooms. One offers the potential to serve as a second ensuite, while the other shares a Jack-and-Jill bathroom with a spacious flex room featuring its own walk-in closet. A floored attic provides even more opportunity for future finished living space.
The partially finished walk-out basement adds tremendous versatility, featuring approximately 760 square feet of finished space, a full bathroom, and an additional 1,260 square feet of unfinished space ready to be customized to your needs. Whether you're envisioning multi-generational living, a recreation area, home office, or guest suite, the possibilities are endless. The basement family room opens onto a covered patio overlooking the private backyard.
Storage is abundant throughout the home, including a third garage in the basement that is ideal for a boat, workshop, lawn equipment, or additional vehicles.
With outstanding square footage, quality craftsmanship, architectural details, extensive molding/trim work and unlimited potential, this home is an exceptional opportunity for buyers looking to add their personal touch while gaining immediate value.
Sitting on over 1 acre in the beautiful Mountain Creek Subdivision and Walker Valley School zone. Bring your vision and transform 355 Leatha Lane into the dream home you've always imagined.
For sale
$649,900
355 Leatha Ln NW, Cleveland, TN 37312
3beds
4,144sqft
Single Family Residence
Built in 2007
1.18 Acres Lot
$623,000 Zestimate®
$157/sqft
$11/mo HOA
What's special
Cozy fireplacePartially finished walk-out basementCovered side porchCovered rear porchPrivate backyardMain-level primary suiteElegant formal dining room
- 42 days
- 631
- 19
Zillow last checked:
Listing updated:
Listed by:
Margie Keller 423-284-3056,
Compass Group Realty,LLC 423-584-5577
Source: Greater Chattanooga Realtors,MLS#: 1539318
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric, Multi Units
Appliances
- Included: Electric Water Heater, None
- Laundry: Laundry Room, Main Level
Features
- Breakfast Bar, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Double Vanity, Granite Counters, High Speed Internet, Primary Downstairs, Walk-In Closet(s), Separate Shower, Tub/shower Combo, En Suite, Sitting Area, Breakfast Room, Separate Dining Room, Whirlpool Tub
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: Insulated Windows
- Basement: Finished,Full,Partially Finished
- Number of fireplaces: 2
- Fireplace features: Gas Log, Living Room, Other
Interior area
- Total structure area: 4,144
- Total interior livable area: 4,144 sqft
- Finished area above ground: 3,384
- Finished area below ground: 760
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway, Garage, Garage Faces Side, Kitchen Level, Workshop in Garage
- Attached garage spaces: 2
Features
- Levels: Three Or More,One and One Half
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Rear Porch, Side Porch, Porch - Covered
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 1.18 Acres
- Dimensions: 100 x 305.95 240 x 394.75
- Features: Back Yard, Cleared, Front Yard, Landscaped, Level, Near Golf Course
Details
- Additional structures: None
- Parcel number: 021b B 00200 000
- Special conditions: Probate Listing
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Ranch
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Stone, Vinyl Siding
- Foundation: Block, Slab, Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Not Available, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Mountain Creek
HOA
- Has HOA: Yes
- Services included: None
- HOA fee: $130 annually
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $835,000
- Annual tax amount: $2,526
- Date on market: 7/23/2026
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
$623,000
$592,000 - $654,000
$2,330/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for sale | $649,900-4.3%$157/sqft |
Source: | ||
| 7/23/2026 | Listing removed | $679,000$164/sqft |
Source: Greater Chattanooga Realtors #1517344 Report a problem | ||
| 3/24/2026 | Price change | $679,000-2.9%$164/sqft |
Source: | ||
| 9/16/2025 | Price change | $699,000-6.8%$169/sqft |
Source: | ||
| 7/24/2025 | Listed for sale | $750,000+70.5%$181/sqft |
Source: | ||
| 2/26/2011 | Listing removed | $439,900$106/sqft |
Source: Coldwell Banker Hamilton & Associates #160165 Report a problem | ||
| 8/7/2010 | Listed for sale | $439,900+7.3%$106/sqft |
Source: Coldwell Banker Hamilton & Associates #160165 Report a problem | ||
| 7/31/2007 | Sold | $410,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $208,750 +68.6% |
| 2024 | $2,161 | $123,825 |
| 2023 | $2,161 | $123,825 |
| 2022 | $2,161 | $123,825 |
| 2021 | $2,161 -10.5% | $123,825 +13.9% |
| 2019 | $2,415 +5.1% | $108,675 |
| 2018 | $2,299 +6.4% | -- |
| 2017 | $2,161 +1.8% | -- |
| 2016 | $2,122 | -- |
| 2015 | $2,122 -4.2% | -- |
| 2014 | $2,214 | -- |
| 2013 | -- | -- |
| 2011 | $2,271 -2.9% | $106,725 -2.9% |
| 2009 | $2,338 | $109,875 |
| 2008 | -- | $109,875 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37312
Nearby schools
Schools provided by the listing agent
- Elementary: Charleston Elementary
- Middle: Charleston Middle
- High: Walker Valley High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







