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
Sold for $1,100,000
$1,100,000
201 Fillauer Lake Rd NE, Cleveland, TN 37311
5beds
8,352sqft
Single Family Residence
Built in 1900
24.7 Acres Lot
$1,386,900 Zestimate®
$132/sqft
$2,291 Estimated rent
Home value
$1,386,900
$1.16M - $1.66M
$2,291/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 08, 2024 at 06:15am
Listed by:
Don Ledford 423-504-5987,
Keller Williams Realty
Bought with:
Don Ledford, 346991
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1382898
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: First
Bedroom
- Level: First
Bathroom
- Description: Full Bathroom
- Level: Second
Bathroom
- Description: Full Bathroom
- Level: First
Bathroom
- Description: Full Bathroom
- Level: First
Bathroom
- Description: Full Bathroom
- Level: Basement
Bonus room
- Description: Special Room
- Level: Basement
Dining room
- Level: Basement
Family room
- Level: Basement
Laundry
- Level: Basement
Library
- Level: First
Living room
- Level: First
Other
- Description: Foyer: Level: First
Utility room
- Level: First
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric, Window Unit(s)
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Wall Oven
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Features
- Entrance Foyer, High Ceilings, Primary Downstairs, Wet Bar, Walk-In Closet(s), Tub/shower Combo, En Suite, Separate Dining Room, Plumbed, Connected Shared Bathroom
- Flooring: Carpet, Hardwood, Linoleum, Tile
- Windows: Wood Frames
- Basement: Finished,Full
- Number of fireplaces: 4
- Fireplace features: Den, Family Room, Gas Log, Living Room, Wood Burning
Interior area
- Total structure area: 8,352
- Total interior livable area: 8,352 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Garage Faces Front
- Garage spaces: 3
Features
- Levels: Three Or More
- Patio & porch: Deck, Patio, Porch, Porch - Covered
- Fencing: Fenced
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 24.70 Acres
- Dimensions: Appro x . 927' x 1170'
- Features: Gentle Sloping, Lake on Lot, Level, Pond on Lot, Wooded
Details
- Additional structures: Barn(s), Guest House, Gazebo, Outbuilding
- Parcel number: 050h A 014.00 000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Brick
- Foundation: Brick/Mortar, Concrete Perimeter, Stone
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2024 | Sold | $1,100,000-26.4%$132/sqft |
Source: Greater Chattanooga Realtors #1382898 Report a problem | ||
| 12/13/2023 | Contingent | $1,495,000$179/sqft |
Source: Greater Chattanooga Realtors #1382898 Report a problem | ||
| 12/1/2023 | Price change | $1,495,000-16.7%$179/sqft |
Source: Greater Chattanooga Realtors #1382898 Report a problem | ||
| 11/15/2023 | Listed for sale | $1,795,000$215/sqft |
Source: Greater Chattanooga Realtors #1382898 Report a problem | ||
| 11/11/2023 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1373302 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $354,250 +90.6% |
| 2024 | $2,675 | $185,900 |
| 2023 | $2,675 | $185,900 |
Find assessor info on the county website
Neighborhood: 37311
Nearby schools
GreatSchools rating
- 5/10Mayfield Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Cleveland Middle SchoolGrades: 6-8Distance: 2.7 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Mayfield Elementary
- Middle: Cleveland Middle
- High: Cleveland 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$1,386,900
2% more+$27,738
With Zillow Showcase(estimated)$1,414,638