4500 Waterlevel Hwy, Cleveland, TN, 37323
About This Home
Beautiful home or a vacation rental to get away, perfectly situated between Cleveland and the scenic Ocoee area. Whether you're looking for a peaceful full-time residence, a weekend retreat, or an investment opportunity, this property offers the best of both comfort and convenience. Relax on the welcoming rocking chair front porch and enjoy the privacy of 1.7 picturesque acres. Inside, you'll find 2 bedrooms, a spacious bonus room, 1.5 bathrooms, and durable luxury vinyl plank (LVP) flooring throughout. The HVAC system is only 3 years old, providing peace of mind for years to come. Step outside to your own backyard oasis featuring an inground pool with a new pump installed. The pool has been professionally cleaned and is currently covered, ready for the next season. Additional recent improvements include the septic system being pumped and inspected, with new field lines recently installed. This move-in-ready property combines country charm with modern updates in a sought-after location close to outdoor recreation, making it an exceptional place to call home or as a vacation rental.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Concrete Perimeter
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Electric Water Heater,Refrigerator
- Laundry features: Laundry Room
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Ceiling Fan(s)
- Window features: Double Pane Windows
- Flooring: Luxury Vinyl,Engineered Hardwood
- Finished area above ground: 1,162
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,162
- Total interior livable area: 1,162 sqft
Property
Details
- Parcel number: 059 11300 000
- Special condition: Standard
Features
- Levels: One
- Pool features: Fenced,In Ground,Outdoor Pool
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Fencing: Fenced
Lot
- Lot size: 1.70 Acres
- Features: Cleared,Level,Wooded
- Lot size dimensions: 151 x 738 x 110 x 636
Parking
- Total spaces: 2
- Parking features: Driveway,Gravel,Off Street
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
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
- Tornado
- Cold Wave
- Earthquake
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance | $144 | $1,728 |
| Property Taxes | $427 | $5,124 |
| Electricity | $175 | $2,103 |
| Total | $2,262 | $27,144 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Listed for sale | $300,000 |
| 2025-11-03 | Listing removed | $280,000 |
| 2025-10-28 | Listed for sale | $280,000 |
| 2024-05-16 | Sold | $234,400 |
| 2024-04-10 | Pending sale | $229,900 |
| 2024-04-03 | Listed for sale | $229,900 |
| 2014-04-23 | Sold | $48,000 |
| 2014-04-03 | Price change | $49,900 |
| 2014-02-15 | Price change | $59,900 |
| 2014-01-16 | Listed for sale | $74,900 |
| 2013-12-18 | Sold | $68,000 |
| 2013-05-10 | Listing removed | $89,900 |
| 2013-01-06 | Price change | $89,900 |
| 2012-11-12 | Price change | $94,900 |
| 2012-10-11 | Price change | $99,900 |
| 2012-09-22 | Listed for sale | $104,900 |
| 2011-07-26 | Sold | $85,000 |
| 2011-04-01 | Price change | $89,900 |
| 2011-03-22 | Price change | $94,900 |
| 2011-02-19 | Listed for sale | $99,900 |
| 2004-05-20 | Sold | $80,000 |
| 1999-09-07 | Sold | $60,537 |
| 1997-06-17 | Sold | $43,000 |
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