201 Fillauer Lake Rd Ne, Cleveland

$1,495,000

5 Beds
4 Baths
8,352 Sqft
24.7 Acres
3 Garages

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

Essential Information
MLS® #1382898
Price$1,495,000
Bedrooms5
Bathrooms4.00
Full Baths4
Square Footage8,352
Acres24.70
Year Built1900
TypeResidential
Sub-TypeResidential
Style3 Story, Site Built
StatusActive
Community Information
Address201 Fillauer Lake Rd Ne
SubdivisionNone
CityCleveland
CountyBradley
StateTN
Zip Code37364
Amenities
# of Garages3
Garages

Detached, Front Loading, Off Street Parking, 3 Car Garage or more

Interior
HeatingCentral, Gas
CoolingCentral, Electric, Window Unit
FireplaceYes
# of Fireplaces4
Has BasementYes
BasementFinished, Full
Interior

Ceiling - 9 Ft or More, Island Work/Center, Laundry Room, Plum/Stubbed Basement, Walk-in Closet, Washer & Dryer Hookup, Wet Bar/Refresh Center

Appliances

Dishwasher, Dryer, Electric Range - Drop In, Microwave, Refrigerator, Single Oven, Washer, Water Heater - Electric, Surface Unit/Wall Oven

Fireplaces

Gas Logs, In Den/Family Room, In Living Room, Wood Burning

Exterior
ExteriorAluminum
WindowsWindows - Wood
RoofMetal, Shingle
FoundationPoured, Stone/Masonry
Exterior Features

Fence, Gazebo, Guest House, Out Building, Patio/Deck, Porch Covered, Barn

Lot Description

Gradual Sloping, Level, Wooded, Creek/Stream, Flood Ins May be Required, Private Lake/Pond

School Information
ElementaryMayfield Elementary
MiddleCleveland Middle
HighCleveland High
Additional Information
HOA Fees Freq.Not Applicable
Property History
Price Reduced from $1,795,000 to $1,495,000
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This site was last updated on December 2nd, 2023 at 11:28pm