$1,100,000
$1,495,000
26.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
8,352 SqFt
SOLD DATE : 02/07/2024
Key Details
Sold Price $1,100,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 8,352 sqft
Price per Sqft $131
MLS Listing ID 1382898
Sold Date 02/07/24
Bedrooms 5
Full Baths 4
Year Built 1900
Lot Size 24.700 Acres
Acres 24.7
Lot Dimensions Approx. 927' x 1170'
Property Sub-Type Single Family Residence
Source Greater Chattanooga REALTORS®
Property Description
Truly rare investment opportunity to own the largest piece of undeveloped land in Downtown Cleveland! With an appraised value of $2.5 million, the Fillauer Lake Estate offers the chance to own and live in a piece of local history, operate a business, or develop wooded land 2 miles from the historic heart of Downtown Cleveland.
Bordered by Lee University, the estate comprises 20.82 acres with a spring-fed lake, a 5,508 sq ft Greek Revival house originally constructed in 1888 with a substantial remodel in the 1960's, a caretaker's cottage, barn, and an additional single-family residence once occupied by the most recent caretaker.
Currently, the house and barn are used as an event venue and have provided an enchanting back-drop to many local weddings, parties, and special occasions. The barn and surrounding gardens provide the perfect space for a wedding ceremony or reception, while the house provides bridal suites and groom's accommodations. These modern-day social gatherings pay homage to the many gatherings and socializing of Clevelanders in the 1920's through the 1940's when Fillauer Lake was a local destination to gather on a hot summer day.
The house and surrounding property was purchased by J.B. Fillauer in 1920, and in 1922 the lake was opened to the public. Streetcar tracks from Downtown Cleveland ran to the property and people from surrounding areas could visit to swim, paddle boat or picnic on the grounds. Changing rooms lined the shore of the lake and bathing suits were available to rent for 10 cents. World War II saw an end to this enterprise due to the large amount of maintenance required and the lack of labor during the war. The property was inherited by William K. Fillauer and he began remodeling the house in 1960 and drained a portion of the original lake to one third its original size. It has remained in the Fillauer family ever since.
As you enter through the front gate and begin driving around the 1.5 acre Fillauer Lake, the columne
Location
State TN
County Bradley
Area 24.7
Rooms
Basement Finished, Full
Interior
Interior Features Connected Shared Bathroom, En Suite, Entrance Foyer, High Ceilings, Plumbed, Primary Downstairs, Separate Dining Room, Tub/shower Combo, Walk-In Closet(s), Wet Bar
Heating Central, Natural Gas
Cooling Central Air, Electric, Window Unit(s)
Flooring Carpet, Hardwood, Linoleum, Tile
Fireplaces Number 4
Fireplaces Type Den, Family Room, Gas Log, Living Room, Wood Burning
Fireplace Yes
Window Features Wood Frames
Appliance Wall Oven, Washer, Refrigerator, Microwave, Electric Water Heater, Electric Range, Dryer, Dishwasher
Heat Source Central, Natural Gas
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Exterior
Parking Features Garage Faces Front, Off Street
Garage Spaces 3.0
Garage Description Garage Faces Front, Off Street
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
View Creek/Stream
Roof Type Metal,Shingle
Porch Deck, Patio, Porch, Porch - Covered
Total Parking Spaces 3
Garage Yes
Building
Lot Description Gentle Sloping, Lake On Lot, Level, Pond On Lot, Wooded
Faces From I-75 N, take the exit toward 25th St NW/Georgetown Rd NW. Turn left and in 1.6 mi turn right onto N Ocoee St. In 0.5 mi turn left onto 20th St NE. In 0.3 mi turn left at Mayfield Elementary School and onto Fillauer Lake Rd. Drive past the school entrance and the front gate will be directly ahead.
Story Three Or More
Foundation Brick/Mortar, Concrete Perimeter, Stone
Water Public
Additional Building Barn(s), Gazebo, Guest House, Outbuilding
Structure Type Aluminum Siding,Brick
Schools
Elementary Schools Mayfield Elementary
Middle Schools Cleveland Middle
High Schools Cleveland High
Others
Senior Community No
Tax ID 050h A 014.00 000
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
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