355 Leatha Lane NW, Cleveland, TN 37312 - Chattanooga Property Shop

$649,900

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… Read More 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. Read Less

Courtesy of Margie Keller, Compass Group Realty,LLC.

Listing Snapshot

Days Online

Last Updated

Jul 24, 2026

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

4,144

Lot Size

1.18 Acres

Year Built

2007

MLS Number

1539318

30 Days Snapshot Of 37312

$407k

+6%

(avg) sold price

homes sold

-23%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Finished, Full, Partially Finished

Building

Architectural style: "Ranch", "Other", Building area total: 4,144, Living area: 4,144, 1 story, Built in 2007

Cooling

Ceiling Fan(s), Central Air, Electric, Multi Units

Exterior Features

Rain Gutters

Fireplaces

Gas Log, Living Room, Other

Floors

Carpet, Ceramic Tile, Hardwood

Garage

2 spaces

Heating

Central, Electric

Home Owner's Association

Association fee: $130

Interior Features

Bookcases, Breakfast Bar, Breakfast Room, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Double Vanity, En Suite, Granite Counters, High Speed Internet, Primary Downstairs, Separate Dining Room, Separate Shower, Sitting Area, Tub/shower Combo, Walk-In Closet(s), Whirlpool Tub

Lot

Back Yard, Cleared, Front Yard, Landscaped, Level, Near Golf Course, 1.18 acres, Lot size area: 1, 51,401 square feet

Parking

Concrete, Driveway, Garage, Garage Faces Side, Kitchen Level, Utility Garage

Pool

None

Sewer

Septic Tank

Taxes

Tax annual amount: $2,527

Utilities

Cable Available, Electricity Connected, Phone Available, Sewer Not Available, Water Connected

Windows

Insulated Windows

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355 Leatha Lane NW

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