For sale

Price cut: $9.9K (7/31)

$965,000

557 Knobb Hill Dr NW, Cleveland, TN 37312

4beds

3,868sqft

$5,650/mo

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Single Family Residence

Built in 2018

11.1 Acres Lot

$935,700 Zestimate^®

$249/sqft

$-- HOA

What's special

Finished basement spaceDedicated officeExpansive acreage

The home features 4 bedrooms on the main level, along with a finished basement space that offers the flexibility to serve as a 5th bedroom, guest/MIL suite, home office, or bonus room. Nestled on 11.1 private acres in the desirable Misty Ridge community, this stunning 4-bedroom, 3 full bath, 1 half bath home offers the perfect blend of space, comfort, and functionality. Featuring an open floor plan ideal for entertaining, this home includes a dedicated office plus a separate mother-in-law area/teen suite for added flexibility. Safety features include a 20x10 storm shelter in the basement. Enjoy peaceful county living with low county taxes while still being conveniently located near town. With expansive acreage, privacy, and versatile living space, this property is a rare opportunity in Cleveland.

91 days

1,393

109

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Built-In Electric Range, Built-In Electric Oven, Electric Water Heater, Free-Standing Refrigerator, Microwave, Wine Refrigerator
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup

Features

Ceiling Fan(s), Crown Molding, In-Law Floorplan, Kitchen Island, Primary Downstairs, Soaking Tub, En Suite
Flooring: Hardwood, Luxury Vinyl
Windows: Vinyl Frames
Basement: Full,Partially Finished
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 3,868
Total interior livable area: 3,868 sqft
Finished area above ground: 2,766
Finished area below ground: 1,102

Property

Parking

Total spaces: 2
Parking features: Concrete, Driveway, Garage, Garage Door Opener, Off Street, Paved, Garage Faces Side
Garage spaces: 2

Features

Levels: One
Patio & porch: Covered, Front Porch, Porch, Rear Porch, Screened, Porch - Screened, Porch - Covered
Exterior features: Rain Gutters

Lot

Size: 11.1 Acres
Dimensions: 483516 SF
Features: Back Yard, Many Trees, Private, Rectangular Lot, Wooded, Rural

Details

Parcel number: 018 00202 000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

HardiPlank Type
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 2018

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Not Available, Water Connected

Community & HOA

Community

Security: Fire Alarm
Subdivision: Misty Ridge

HOA

Has HOA: No

Location

Region: Cleveland

Financial & listing details

Price per square foot: $249/sqft
Tax assessed value: $837,500
Annual tax amount: $2,581
Date on market: 7/17/2026
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Estimated market value

$935,700

$889,000 - $982,000

$3,253/mo

Price history

Date	Event	Price
7/31/2026	Price change	$965,000-1%$249/sqft
Source: Greater Chattanooga Realtors #1535179 Report a problem
7/17/2026	Listed for sale	$974,900$252/sqft
Source: Greater Chattanooga Realtors #1535179 Report a problem
7/13/2026	Contingent	$974,900$252/sqft
Source: Greater Chattanooga Realtors #1535179 Report a problem
7/7/2026	Price change	$974,900-0.4%$252/sqft
Source: Greater Chattanooga Realtors #1535179 Report a problem
5/23/2026	Listed for sale	$979,000+2287.8%$253/sqft
Source: Greater Chattanooga Realtors #1535179 Report a problem
5/10/1999	Sold	$41,000+28.1%$11/sqft
Source: Public Record Report a problem
10/8/1997	Sold	$32,000$8/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$209,375 +57.5%
2024	$2,385	$132,975
2023	$2,385	$132,975
2022	$2,385	$132,975
2021	$2,385 +4.1%	$132,975 +28.9%
2019	$2,292 +713.1%	$103,125
2018	$282 +0.3%	--
2017	$281 -2.1%	--
2016	$287	--
2015	$287 +3.6%	--
2014	$277	--
2013	--	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 37312

Getting around

0 / 100

Car-Dependent

1 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Hopewell Elementary
Grades: PK-5Distance: 3.8 mi
6/10
Ocoee Middle School
Grades: 6-8Distance: 7.5 mi
7/10
Walker Valley High School
Grades: 9-12Distance: 9.4 mi

Schools provided by the listing agent

Elementary: Hopewell Elementary
Middle: Ocoee 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.