$899,900
↓ $25K (2.7%)
●
House -
For Sale
165 Bankwood Lane
LaFollette, TN 37766
Studio
5 Baths
3200 Sqft
$6,431
Estimated Monthly
-0.82%
Cap Rate
About This Property
This dockable lakefront home was completely renovated 2022 -2023,
and expanded into a 3200 sq ft ranch on Norris Lake in Big Creek
cove. Septic permit is for 2 bedrooms, but leach lines were
extended during the renovation, and the home has accommodated many
large groups in space equivalent to 5 bedrooms all season since
rentals began in 2023.
Main level cathedral ceilings in the spacious, open concept living room gathering space offers a vent-free gas log, floor-to-ceiling stone fireplace. Loads of great room natural light, and opens to a first floor master suite sharing a full bath with 2nd bedroom. There is a big bunkroom in the converted garage. On the same level, come love the entertaining space in this open chef's kitchen, with loads of cabinets, a huge island, with built-in cooktop, and a countertop serving bar with pull up seating. There's still more - a 2nd full bath, plus formal dining area, laundry room and 360 sq ft storage room in the remainder of the side entry garage.
Downstairs, another family room opens to a dining / kitchenette area and second decorative stone fireplace - which also offers 3 more large bonus rooms, each with its own adjoining full bath. All new drywall, flooring, fixtures, complete bathrooms, bunkroom, interior doors, recessed lighting, ceiling fans and so much more. Feels nearly like a new build!
Views to the woods and lake are coupled with streaming natural light across the full width decks on both levels - and the upper deck is partially covered by a cathedral ceiling roof as well. See the updated floorplan with dimensions provided, can sleep up to 22 with the new layout. Stone-dressed foundation and retaining wall.
Wooded 1.66 acre private lot, with a graveled no-steps walkable path to the waterfront's brand new dock, where a single slip opens toward main channel. Out by the covered front porch there's a huge graveled pull-through driveway nearly the full width of lot, 12 x14 shed, large permanent propane tank and loads of paved parking near the garage as well.
Couple Notes
1. Furnishing and decor negotiable separately - price is for the home itself, the dock, grill, electronics and appliances.
2. Just opening the 2024 rental calendar - See vrbo.com/3001464
3. Metal roof is original, still lots of life in it!
The manager has listed the unit size as 3200 square feet.
Main level cathedral ceilings in the spacious, open concept living room gathering space offers a vent-free gas log, floor-to-ceiling stone fireplace. Loads of great room natural light, and opens to a first floor master suite sharing a full bath with 2nd bedroom. There is a big bunkroom in the converted garage. On the same level, come love the entertaining space in this open chef's kitchen, with loads of cabinets, a huge island, with built-in cooktop, and a countertop serving bar with pull up seating. There's still more - a 2nd full bath, plus formal dining area, laundry room and 360 sq ft storage room in the remainder of the side entry garage.
Downstairs, another family room opens to a dining / kitchenette area and second decorative stone fireplace - which also offers 3 more large bonus rooms, each with its own adjoining full bath. All new drywall, flooring, fixtures, complete bathrooms, bunkroom, interior doors, recessed lighting, ceiling fans and so much more. Feels nearly like a new build!
Views to the woods and lake are coupled with streaming natural light across the full width decks on both levels - and the upper deck is partially covered by a cathedral ceiling roof as well. See the updated floorplan with dimensions provided, can sleep up to 22 with the new layout. Stone-dressed foundation and retaining wall.
Wooded 1.66 acre private lot, with a graveled no-steps walkable path to the waterfront's brand new dock, where a single slip opens toward main channel. Out by the covered front porch there's a huge graveled pull-through driveway nearly the full width of lot, 12 x14 shed, large permanent propane tank and loads of paved parking near the garage as well.
Couple Notes
1. Furnishing and decor negotiable separately - price is for the home itself, the dock, grill, electronics and appliances.
2. Just opening the 2024 rental calendar - See vrbo.com/3001464
3. Metal roof is original, still lots of life in it!
The manager has listed the unit size as 3200 square feet.
Unit Size
3,200Ft²
Days on Market
299 days
Land Size
1.66 acres
Price per sqft
$281
Property Type
House
Property Taxes
$2,012
HOA Dues
-
Year Built
1994
Listed By
Last updated: 2 months ago (KAARMLSTN #1238343)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 22, 2024 | Price Decreased |
$899,900
↓ $25K
(2.7%)
|
|
Price Decreased | |||
Apr 26, 2024 | Price Decreased |
$924,900
↓ $25K
(2.6%)
|
|
Price Decreased | |||
Jan 10, 2024 | Price Decreased |
$949,900
↓ $25K
(2.6%)
|
|
Price Decreased | |||
Dec 23, 2023 | Relisted | $974,900 | |
Relisted | |||
Dec 15, 2023 | No longer available | - | |
No longer available |
Show More
Property Highlights
Air Conditioning
Interior Details
Interior Information
Deck
Exterior Details
Exterior Information
Block
Vinyl Siding