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Sold for $880,000 on 10/07/24
  • $880,000

    540 Hiwassee Rd, Lebanon, TN 37087

    3beds
    2,063sqft
    Site Built
    Built in 2007
    10.91 Acres Lot
    $888,500 Zestimate®
    $427/sqft
    $2,522 Estimated rent

    Home value

    $888,500

    Estimated sales range

    Not available

    $2,522/mo

    Zestimate® history
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    What's special

    10.91+- acre riverfront paradise w/ privacy & tranquility like no other. Enter property thru wooded private drive that opens to a lg pasture w/ log home, Home has 2 carports- One 4 bay & a 2 bay carport w/shop, W/ over 350 ft of river frontage you can slide your boat or jet skis in the water from the backyard. This 3 BR/2.5 BA log home is tucked away alongside the Cumberland River w/ a 3/4 covered wrap around porch to enjoy the abundance of wildlife w/unobstructed river views, firepit & BBQ area,main floor oversized primary ensuite w/ sitting area, open concept floor plan, fireplace, office loft, tankless water heater, new roof in 2019, 2 new HVAC units. Covered 60x48 Pole Barn has an additional installed 3BR septic system, electric meter, water, RV electric & septic hookup and pre plumbed concrete pad. All kitchen appliances to remain along with washer & dryer. In the past the home has been used as an Airbnb & has great income potential as a short term rental. VIDEO COMING MONDAY!!

    Zillow last checked: 8 hours ago

    Listing updated: March 20, 2025 at 08:23pm

    Listed by:

    Robin Underwood,

    Underwood Hometown Realty, LLC

    Bought with:

    Other Other Non Realtor, 999999

    Other Non Member Office

    Source: UCMLS,MLS#: 228452MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • Partial bathrooms: 1
    Primary bedroom
    • Level: Lower
    • Area: 320
    • Dimensions: 20 x 16
    Bedroom 2
    • Level: Upper
    • Area: 230
    • Dimensions: 23 x 10
    Bedroom 3
    • Level: Upper
    • Area: 132
    • Dimensions: 12 x 11
    Dining room
    • Level: Main
    • Area: 192
    • Dimensions: 16 x 12
    Kitchen
    • Level: Main
    • Area: 130
    • Dimensions: 13 x 10
    Living room
    • Level: Main
    • Area: 312
    • Dimensions: 24 x 13
    Heating
    • Electric, Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Electric Range, Microwave, Washer, Dryer, Electric Water Heater
    • Laundry: Main Level
    Features
    • Ceiling Fan(s)
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: One, Electric, Living Room
    Interior area
    • Total structure area: 2,063
    • Total interior livable area: 2,063 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Detached, RV Access/Parking, RV Carport
    • Has carport: Yes
    • Covered spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Porch, Covered
    • Has view: Yes
    • View description: Cumberland River
    • Has water view: Yes
    • Water view: Cumberland River
    • Waterfront features: Cumberland River, Waterfront, River
    Lot
    • Size: 10.91 Acres
    • Dimensions: 475,238
    • Features: Waterfront
    Details
    • Parcel number: 001.60

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Site Built
    Materials
    • Log
    • Roof: Composition,Shingle
    Condition
    • Year built: 2007

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Utility District
    • Utilities for property: Natural Gas Not Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Lebanon
    • Subdivision: None

    Price history

    DateEventPrice
    10/7/2024Sold$880,000-1.1%$427/sqft
    Source: UCMLS #228452
    8/11/2024Pending sale$890,000$431/sqft
    Source: UCMLS #228452
    8/9/2024Contingent$890,000$431/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2675778
    7/30/2024Price change$890,000-3.8%$431/sqft
    Source: UCMLS #228452
    7/24/2024Price change$925,000-4.5%$448/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2675778

    Public tax history

    YearProperty taxesTax assessment
    2024$2,509 +41.2%$144,775 +41.2%
    2023$1,777 $102,550
    2022$1,777 -19.2%$102,550 +27.3%

    Find assessor info on the county website

    Neighborhood: 37087

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $888,500

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    Estimated market value

    $888,500