2 months on rocket

511 Covered Bridge Ln, Summertown, TN, 38483

$1,699,999

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
6,321 SqFt
$269/SqFt
House

Location

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511 Covered Bridge Ln, Summertown$1,699,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached - Front, Concrete, Driveway
Attached Garage3 spaces
Year Built2006
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
BasementYes
WaterfrontLake Front
ViewLake, Water
MLS #2695175
Lot Size5.01 Acres
StatusActive

About 511 Covered Bridge Ln

Tucked behind a gated entrance sits Tennessee’s best kept secret, The Preserve at Whispering Pines, a 430 acre haven of lakes, ponds, trails & wildlife. As you drive up to this 5 acre waterfront home, you will breathe a sigh of relief, as peace and tranquility rush over you. This is more than a home; it is a departure from reality, a gathering space for family & friends, a place to create memories & have adventures. As you step inside this home, you’ll find an open floor plan, soaring ceilings & expansive windows that maximize the spectacular views from nearly every room. The heart of the home is the gourmet kitchen, complete with top-of-the-line appliances, custom cabinetry, & oversized double islands. This home is the epitome of luxury, lakeside lifestyle, complete with double wraparound decks, a 2-story primary with reading loft, a recording studio & custom bar in the basement, an RV barn, a hot tub, & a private dock perfect for boating & fishing. Make this special retreat your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 2006
  • Living Area: 6,321 SqFt

Listing Office:

  • Office Name: Luxury Homes of Tennessee
  • Office Phone: (562) 201-3901
  • Listing Agent: Christina Elizabeth Sweeney

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Finished Wood, Other, Tile
  • Interior: Ceiling Fan(s), Extra Closets, High Ceilings, Hot Tub, Recording Studio, Storage, Walk-In Closet(s), Wet Bar, Primary Bedroom Main Floor, High Speed Internet, Kitchen Island

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake, Water
  • Exterior: Dock, Balcony, Barn(s), Storage

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached - Front, Concrete, Driveway

Lot Features

Lot Information:

  • Lot: Private, Sloped, Views, Wooded
  • Lot Size: 5.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Summertown, take Hwy 20 West. Turn Left on Railroad Bed Rd. Turn Right on Pine Lake Rd. Go through security gate. Code provided w/ showing. Cross bridge. Travel on gravel road. Property on Left side of the road marked by address sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,999
  • Price Per SqFt: $269/SqFt

HOA Fees:

  • Amount: $35
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,828
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Summertown, TN.

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Summertown, TN

City

Med. Sold Price

$355K

Med. Price/SqFt

$214

Avg. Days On Market

40

# of Sold Homes

6

511 Covered Bridge Ln vs Summertown

83 DAYS ON ROCKET

+43 Days

$1,699,999

+$1.3M More

$269/SqFt

+$55 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $55/SqFt more than other homes in Summertown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2695175

Listing Office:

  • Office Name: Luxury Homes of Tennessee
  • Office Phone: (562) 201-3901
  • Listing Agent: Christina Elizabeth Sweeney

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:48:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 2020Home Sold
$787,500
Nov 18, 2004Home Sold
$84,450

Tax History

YEARPROP. TAXASSESSMENT
2020$5,828$196,950
2019$5,828$196,950
2018$5,828$196,950
2017$5,828$196,950

History based on county public records data.

Payment Calculator

$8,587

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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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-332704
5
/10

  • Summertown Elementary School

  • 319 Corbin St

  • 1.82 miles

  • Public District Grades PK-6

school-card-donut-332705
5
/10

  • Mt. Pleasant Elementary School

  • 600 Tiger Trl

  • 10.46 miles

  • Public District Grades PK-4

school-card-donut-332706
4
/10

  • David Crockett Elementary School

  • 2301 W Gaines St

  • 12.83 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 $45,252. Most Summertown, TN residents have annual incomes between $35k-100k. Typical family type is 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 511 Covered Bridge Ln

What is the listing price of this property?

The listing price of 511 Covered Bridge Ln property is $1,699,999.

What type of property is this?

The property 511 Covered Bridge Ln is a house located in Summertown, Tennessee, 38483.

Is this property for sale now?

Active Listing: 511 Covered Bridge Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,828 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 1, 2020 for $787,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 511 Covered Bridge Ln has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 511 Covered Bridge Ln is 6,321 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Covered Bridge Ln is 2006.

Rocket Homes›Tennessee›Lawrence County›Summertown›38483›511 Covered Bridge Ln

This home is located at 511 Covered Bridge Ln in Summertown, TN and zip code 38483. This 6,321 square foot home, which was built in 2006, sits on a 5.01 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $1,699,999.

While more than 0 listings in Summertown, TN in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. The number of listings in Summertown, TN decreased by 8.7% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $355,000.

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

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