2 months on rocket

479 Bankwood Ln, Lafollette, TN, 37766

$1,795,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
4 Full Baths
4,108 SqFt
$437/SqFt
House

Location

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479 Bankwood Ln, La Follette$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingMain Level
Garage2 spaces
Year Built2015
HeatingHeat Pump, Propane, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
WaterfrontWater Access, Lake Front
FireplaceStone, Gas Log
ViewMountain(s), Lake
MLS #1275874
Lot Size1.78 Acres
StatusActive

About 479 Bankwood Ln

Welcome to your dream oasis! This stunning custom-built 3-bedroom, 4-bath home offers an incredible 4,108 square feet of living space, perfectly designed for comfort and luxury. Ideal for versatile living, the property includes three additional rooms that can be adapted for sleeping, a home office, or a personal workout space. Nestled on the main channel, this basement/ranch-style residence provides breathtaking panoramic views of the lake, making every moment truly special. Step inside to discover an open-concept main floor that showcases soaring vaulted ceilings adorned with rustic wood beams and a magnificent wall of windows that floods the space with natural light. The floor-to-ceiling stone gas fireplace serves as a stunning centerpiece, exuding elegance and warmth. Culinary enthusiasts will fall in love with the gourmet kitchen, featuring high-end stainless steel appliances, a gas range, a charming farm sink, a spacious walk-in pantry, and a large center island—perfect for both cooking and entertaining. Retreat to the main level's serene master suite, boasting a spa-inspired bathroom and private access to outdoor areas. An additional full bathroom is conveniently located just steps away from a spacious bonus room. The basement houses a well-placed laundry room for added convenience. Venture downstairs to find a second master bedroom, two additional versatile rooms, and a full bath, alongside an expansive rec-room/family area equipped with surround sound—ideal for relaxation and entertainment alike. Outside, enjoy ample outdoor living space with easy access to the lake via just 38 steps at full pool. The beautifully crafted double-decker dock features a boat lift and three jet ski ports, ensuring that your water adventures are always within reach. The oversized garage provides generous storage options, while multiple outdoor areas let you fully appreciate the stunning surroundings. The covered upper deck, extending nearly the entire length of the house, offers a perfect vantage point to soak in the picturesque views, while the lower deck invites you to unwind in the hot tub, surrounded by nature's beauty. Don't miss this exceptional opportunity to own a piece of paradise! Your lakeside retreat awaits.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2015
  • Living Area: 4,108 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (844) 591-7325

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Grill, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Stone, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Lake Front
  • View: Mountain(s), Lake
  • Exterior: Windows - Insulated, Porch - Covered, Deck, Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Main Level

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 1.78 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Propane, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Traveling N on I75, take Caryville Exit 134, bear RT then straight at light. Continue traveling through Jacksboro toward LaFollette. Turn RT onto Hunters Branch Rd. Turn RT at stop sign onto Demory Rd. Continue straight onto Grantsboro Rd. Take the 3rd RT onto Chestnut Stump Rd. Then a slight LEFT onto Bankston. Slight RT onto Bankhill. Follow to gate. House is on LEFT. 479 Bankwood Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000
  • Price Per SqFt: $437/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in La Follette, TN.

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La Follette, TN

City

Med. Sold Price

$260K

Med. Price/SqFt

$176

Avg. Days On Market

46

# of Sold Homes

16

479 Bankwood Ln vs La Follette

67 DAYS ON ROCKET

+21 Days

$1,795,000

+$1.5M More

$437/SqFt

+$261 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $261/SqFt more than other homes in La Follette, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1275874

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (844) 591-7325

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-460590
7
/10

  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 4.75 miles

  • Public District Grades PK-6

school-card-donut-460591
4
/10

  • Lake City Elementary School

  • 402 Lindsay Ave

  • 5.62 miles

  • Public District Grades PK-5

school-card-donut-460592
4
/10

  • Caryville Elementary School

  • 120 Cardinal Ln

  • 6.15 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,696. The most common annual income of people living in La Follette, TN is between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 479 Bankwood Ln

What is the listing price of this property?

The listing price of 479 Bankwood Ln property is $1,795,000.

What type of property is this?

The property 479 Bankwood Ln is a house located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 479 Bankwood Ln is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 479 Bankwood Ln has 3 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 479 Bankwood Ln is 4,108 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 479 Bankwood Ln is 2015.

Rocket Homes›Tennessee›Campbell County›La Follette›37766›479 Bankwood Ln

This home is located at 479 Bankwood Ln in Lafollette, TN and zip code 37766 in the Big Creek neighborhood. This 4,108 square foot home, which was built in 2015, sits on a 1.78 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,795,000.

La Follette, TN housing market in October 2024 saw over 5 listings sold above listed price, more than 5 sold at listed price and over 6 sold below. The number of listings in La Follette, TN increased by 2.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $260,000, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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