"Blend of Hazel and Lee"
The name Hazelee is commonly a female name from the "English" origin.
Hazelee is a modern American formation built from Hazel, the English tree name, plus the -lee suffix found in coinages such as Brynlee and Paislee. It first appears in United States birth records in 2010, which fits a coined name rather than an inherited one. No earlier use in another language or naming tradition is documented.
The pronunciation of Hazelee is HAYZ-lee.