8 days on rocket

645 Bankston Ln, Lafollette, TN, 37766

$1,575,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
3,457 SqFt
$456/SqFt
House

Location

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645 Bankston Ln, La Follette$1,575,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingSide/Rear Entry, Other
Year Built2008
HeatingHeat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
WaterfrontLake Front
FireplaceElectric, Other
ViewTrees/Woods, Lake
MLS #1283478
Lot Size1.82 Acres
StatusActive

About 645 Bankston Ln

Welcome to your dream Norris Lake retreat! This exquisite 5-bedroom, 5.5-bathroom log cabin home offers unparalleled views of Norris Lake and the surrounding mountain ranges. Nestled in a serene and picturesque setting and in a large deep-water cove with year around, perfect for swimming, kayaking, paddle boating or just relaxing on your private dock or in the hot tub. This property combines rustic charm with modern amenities. 5 generously sized bedrooms (with one additional room for sleeping), each with their own bathroom and each designed for comfort and relaxation. Two bedrooms on the main floor each with their own bathrooms. This home offers an open concept living area. The inviting living space is perfect for chilling after a long day on the lake. The upper-level loft area has its own bathroom and fold out couches/chairs perfect for overflow guests. The lower level offers a second living area with an electric fireplace, 2 additional bedrooms with bathrooms and an additional room for sleeping. Enjoy breathtaking views from the expansive decks, ideal for entertaining or simply soaking in the natural beauty. Additional amenities: Hardwood floors throughout main level living, brand new luxury laminate floors in the basement, laundry room, stainless steel appliances, Trex decking, Flag stone firepit area,hot tub, double decker one slip boat dock with lift, touchless boat cover and 2 jet ski ports. Starlink internet available. Whether you're looking for a peaceful getaway or a year-round residence, this log cabin offers the perfect blend of comfort and nature. The property has been used a short-term rental with income exceeding $50,000+.

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 2008
  • Living Area: 3,457 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Basement: Yes
  • Flooring Type: Laminate, Hardwood
  • Interior: Cathedral Ceiling(s), Pantry, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
  • Fireplace: Electric, Other

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Trees/Woods, Lake
  • Exterior: Windows - Insulated, Deck, Balcony, Dock

Parking Information:

  • Attached Garage: No
  • Parking: Side/Rear Entry, Other

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 1.82 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Interstate 75 take exit 134 onto US-25W North, SR-63 East toward LaFollette for 6.1 miles then Turn Right onto Hunters Branch Rd for .5 miles Turn Right onto Demory Road for 5.7 miles to Grantsboro Rd In .9 miles turn right onto Chestnut Stump Rd for 1.5 miles left onto Bankston for 1.5 miles left onto Bankston for 1.5 miles .5 miles turn left destination is 250 ft ahead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,575,000
  • Price Per SqFt: $456/SqFt
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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

69

# of Sold Homes

13

645 Bankston Ln vs La Follette

8 DAYS ON ROCKET

-61 Days

$1,575,000

+$1.3M More

$456/SqFt

+$279 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $279/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: #1283478

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: 12/3/2024, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-94075
7
/10

  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 5.39 miles

  • Public District Grades PK-6

school-card-donut-94076
4
/10

  • Lake City Elementary School

  • 402 Lindsay Ave

  • 5.61 miles

  • Public District Grades PK-5

school-card-donut-94077
7
/10

  • Norris Elementary School

  • 42 E Circle Rd

  • 6.40 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. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 645 Bankston Ln

What is the listing price of this property?

The listing price of 645 Bankston Ln property is $1,575,000.

What type of property is this?

The property 645 Bankston Ln is a house located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 645 Bankston 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 645 Bankston Ln has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 645 Bankston Ln is 3,457 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 645 Bankston Ln is 2008.

Rocket Homes›Tennessee›Campbell County›La Follette›37766›645 Bankston Ln

This home is located at 645 Bankston Ln in Lafollette, TN and zip code 37766 in the Big Creek neighborhood. This 3,457 square foot home, which was built in 2008, sits on a 1.82 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $1,575,000.

In November 2024, from all listings sold in La Follette, TN there were more than 5 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $260,000.

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

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