Skip main navigation
Off market
  • $2,243,100

    518 Wright Ln NE, Cleveland, TN 37323

    6beds
    8,056sqft
    SingleFamily
    Built in 1986
    79.02 Acres Lot
    $2,243,100 Zestimate®
    $278/sqft
    $3,576 Estimated rent

    Home value

    $2,243,100

    $1.86M - $2.69M

    $3,576/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,576/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,576/mo

    Rent Zestimate®

    Refinance and save

    $13,023/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $13,023/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Unique property nestled on 79.02 acres includes Elegant Colonial-Designed Main Farmhouse w/detailed Cherry Trim throughout interior & Dental Trim on Exterior complete w/imported brick. MAIN HOUSE has 4 Bedroom 3 1/2 Baths & 4 flued Fireplaces w/gas logs/gas line capped off to burn wood. Large Gathering spaces & 2 Full Kitchens. Main level Kitchen features loads of custom cabinetry, pantry, & counter space to include Island w/storage & 2nd smaller sink, accent brick wall w/Gas Log Fireplace/Wood Storage area, 2 eye Gas Cooktop, Wall Oven, Microwave, Dishwasher, 6 Electric Burners w/downdraft, Other features in this home include Formal Dining Room w/Built-in China Cabinets, Large Open Beamed Sun Room/Great Room w/a Fireplace & Large Built In Saltwater Aquarium that is not in use & currently covered. The French Doors from the Sun Room/Great Room overlook the covered brick Patio leading to the Pool. Large main level Owners' Suite includes another Fireplace, 2 separate Baths & Walk in Closets (One w/a Sauna & the other w/a separate tiled Shower & Footed Soaking Tub). Custom Cherrywood High Quality Paneling in the Executive Library/Office w/yet another Fireplace set off the Foyer for Privacy. Inviting wide Foyer w/Powder Room. Laundry Room open from pool area w/granite counter tops, sink & lots of white cabinets. Roomy Bedrooms upstairs w/extra storage & closet spaces. Two stairways to upstairs allow for entry into Huge Recreation Room w/Custom shelving without going through Upstairs Bedrooms. Basement includes a dumbwaiter in hallway to upstairs w/an enormous Kitchen/Craft Room to include a large Island Workspace, Range, Trash Compactor, Refrigerator, Freezer, Deep freezer & storage galore! Custom Built Wine Cellar, Extra Large Storage Room partially lined w/Cedar, Mechanical Closet, & Workroom that includes Built in custom Drafting Table & storage shelving. Beautifully designed Covered brick Patio boasts of Gas Fire Pit, Arbor & Ceiling Fans open to Sun Deck surrounding the gunite heated in ground pool overlooking S Chestuee Creek below. Adjacent is the 756 sq. ft. brick POOL HOUSE w/2 unit dressing rooms (one w/shower) & separate EQUIPMENT ROOM/WORKSHOP. Following the path next is the 24'x14' GREENHOUSE w/water, electrical & granite counter tops. GUEST HOUSE, built for the 1996 Atlanta Olympics to house different teams, includes 4 bay conditioned garages w/it's own central Vacuum System & Washer/Dryer & Utility Sink as well as a 2nd dumbwaiter that can be used to carry luggage to 2nd level Loft Apartment w/2 bedrooms & a Jack & Jill Bath Area. Both Bedrooms include kitchenettes for a total of 925 finished square feet on the 2nd level & 1484 finished sq ft. of heated & cooled garages w/additional storage & connections to central vacuum system for vehicle cleanup & storage. RV sewage & electrical hookups located off more of the winding asphalt driveway on property. 28'x60' OUTDOOR EQUIPMENT SHED is 16' high pole barn structure design, essentially a 5 bay area. There is in additional 864 sq. ft. wooden HORSE BARN w/2 stalls, a tack room w/utility sink & hay loft w/running water from well to an exterior watering trough for your animals. There are two stocked ponds w/a picturesque island area in the middle of one of them w/a walking bridge. Four rail wood fencing visible around rolling pastures & views from multiple locations. Don't miss out on this spectacular opportunity to own your private estate, venue or Bed & Breakfast! Endless possibilities for this amazing property! **Square footage is from Appraisal to include all finished buildings 1) Main House 6753 sf finished 579 sf Garage 2) Pool House 378 sf finished/378 sf unfinished 3) Guest House 1484 sf unfinished, but conditioned for 4 car garages, 925 sf finished Apartment above.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 5
    • 1/2 bathrooms: 3
    Heating
    • Electric, Gas
    Appliances
    • Included: Dishwasher, Dryer, Microwave
    Features
    • Smoke Alarm, Bath Mirror, Ceiling Fans, Garage Opener, Security System, Master On Main, Walk-in Closet, Wet Bar, Vacuum System, See Remarks
    • Flooring: Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 8,056 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 79.02 Acres
    Details
    • Parcel number: 04501000000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Metal
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $1,951,800

    Price history

    DateEventPrice
    4/15/2021Sold$1,470,000-6.1%$182/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2734623 Report a problem
    3/11/2021Contingent$1,565,000$194/sqft
    Source: Greater Chattanooga Realtors #1327091 Report a problem
    3/11/2021Listed for sale$1,565,000$194/sqft
    Source: Greater Chattanooga Realtors #1327091 Report a problem
    3/5/2021Pending sale$1,565,000$194/sqft
    Source: Keller Williams Realty Cleveland #20209348 Report a problem
    2/26/2021Contingent$1,565,000$194/sqft
    Source: Greater Chattanooga Realtors #1327091 Report a problem
    11/6/2020Listed for sale$1,565,000+9.8%$194/sqft
    Source: KW Cleveland #20209348 Report a problem
    2/26/2014Listing removed$1,425,000$177/sqft
    Source: Crye-Leike #1167315 Report a problem
    8/14/2011Price change$1,425,000+18.8%$177/sqft
    Source: Crye-Leike, REALTORS #1167315 Report a problem
    6/18/2011Listed for sale$1,200,000+668.3%$149/sqft
    Source: Visual Tour #20111679 Report a problem
    12/28/2007Sold$156,195-72.8%$19/sqft
    Source: Public Record Report a problem
    8/30/2007Sold$574,000$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $321,750 +40.7%
    2024$4,101 $228,675
    2023$4,101 +22.5%$228,675 +22.4%
    2022$3,349 +6%$186,800 +6%
    2021$3,160 +1.9%$176,200 +26.3%
    2019$3,101 +5.9%$139,550
    2018$2,929 +0%--
    2017$2,929 -6.9%--
    2016$3,146 --
    2015$3,146 +3.5%--
    2014$3,040 --
    2013-- --
    2007$3,534 +12.6%$146,650
    2006$3,138 $146,650
    2005$3,138 +12.1%$146,650 +21%
    2004$2,800 $121,225
    2003$2,800 $121,225 +12.8%
    2001-- $107,468 -85.5%
    2000-- $741,528
    Find assessor info on the county website

    Neighborhood: 37323

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Michigan Ave.
    • Middle: Ocoee
    • High: Walker Valley

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,243,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,243,100