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5060 Highwood Dr #42, Cleveland, TN, 37312

3beds
3baths
1,386sqft
$261,900
$189price/sqft
$1,720/moest. monthly cost
$68,800/yrincome needed

About This Home

Ready Oct 2026 Experience carefree living in the townhome section of Summit View! The Banneker by Lennar offers a spacious and thoughtfully designed layout with Lennar's signature Everything's Included® package, featuring today's most desired upgrades and features at no extra cost. Enjoy low-maintenance living with large backyard spaces, quiet cul-de-sac streets, and beautiful views throughout the community. Residents of Summit View also enjoy access to the community pool and clubhouse, perfect for relaxing or gathering with neighbors. Conveniently located with easy access to shopping, dining, and everyday conveniences, this townhome combines comfort, style, and value in one exceptional community.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

7/10
4/10

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Construction materials: Brick,Fiber Cement

Other

  • Builder name: Lennar

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Disposal,Dishwasher,Gas Range,Refrigerator,Stainless Steel Appliance(s),Washer

Bedrooms & Bathrooms

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

Features

  • Recessed Lighting,Smart Home,Walk-In Closet(s),Split Bedrooms
  • Flooring: Carpet,Luxury Vinyl,Tile
  • Finished area above ground: 1,386

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 1,386
  • Total interior livable area: 1,386 sqft

Property

Details

  • Parcel number: 034d F 006.00

Features

  • Exterior features: Rain Gutters,Smart Lock(s)

Lot

  • Lot size dimensions: 0

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Garage Door Opener,Off Street,On Street,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Earthquake
Hail
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,324$15,888
Home Insurance $125$1,500
Property Taxes $96$1,152
Electricity $175$2,103
Total$1,720$20,640

Income You'd Need if You Spent...

35% on housing$58,971/yr
40% on housing$51,600/yr
45% on housing$45,866/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 37312$172
Bradley County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 37312$192
Bradley County$173

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-08Pending sale$261,900
2026-06-25Listed for sale$261,900

New Construction

AgentCyndi Burge
BrokerageZach Taylor - Chattanooga

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