1430 Powell Grove Rd, Lebanon, Tennessee 37090

TN, Lebanon
$279,000
  • Canceled Status
  • 136 Days Off Market Sorry Charlie 🙁
  • Residential Property Type
  • 3 Beds Total Bedrooms
  • 2 Baths Full + Half Bathrooms
  • 960 Total Sqft $291/sqft
  • 1988 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

PREMIUM LOCATION INVESTMENT OPPORTUNITY: 1.23 +/- Acre Private Oasis with Endless Potential Discover a rare and versatile investment, perfect for a rental property your new custom home site. The lot is partially wooded and nestled along Powell Grove Road, offering a serene setting with lush mature trees and shrubs that create a private, secluded feel while maintaining convenient access to major highways and urban amenities. Located just off Highway 109, this property provides the perfect balance between peaceful rural living and city accessibility. The property is only 3.7 miles to I-40, ensuring an easy commute to surrounding areas, and 16 miles to Nashville International Airport (BNA), ideal for frequent travelers and professionals. Additionally, it is in close proximity to growing commercial and residential developments, adding long-term value to your investment. This expansive lot provides multiple opportunities, whether you’re looking to develop a high-income rental property, build a dream home, or renovate and flip the existing structures. A charming log-style detached carport is already on the property. With approximately 400 sq. this structure presents a fantastic opportunity for conversion into a tiny home, guesthouse, studio, or workshop—an excellent value-add for future homeowners or rental income potential. The existing 3-bedroom, 2-bathroom fixer upper manufactured home is a perfect for investors seeking to renovate and capitalize on the strong demand for rental properties in this growing area. It features a durable metal roof, adding longevity and protection from the elements, and a spacious layout suitable for a variety of uses, from primary residence to rental property. BUYING TERMS will need to be cash or conventional because mobile home does not have a permanent foundation. WILL NOT GO FHA, VA OR USDA. We have lenders on standby that will fund this deal for buyers with at least 20% down. Seller date of deed depending on how fast buyer will close.

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 2789597
  • Price: $279,000
  • Full Bathrooms: 2
  • Square Footage: 960 Sqft
  • Year Built: 1988
  • Lot Area: 1.20 Acre
  • Office Name: RE/MAX Choice Properties
  • Agent Name: Joseph Goodman CRS,ABR,GRI,SRES,SME
  • Property Sub Type: Manufactured On Land
  • Listing Status: Canceled
Location Info
  • Street Number: 1430
  • Street: Powell Grove Rd
  • City Lebanon
  • State TN
  • Zipcode 37090
  • County Wilson County, TN
  • Subdivision Bates Property
  • Directions: From Nashville Take I40 east to exit 232B onto SR-109 North to Gallatin, Turn Right to Powell Grove Rd, Destination on the Left
Features
  • Heating System Central
  • Cooling System Central Air
  • Basement Crawl Space
  • Fence Partial
  • Parking Detached
  • Utilities Water Available
  • Architectural Style Rustic
  • Carport Spaces 2
  • Flooring Other
  • Sewer Septic Tank
Appliances
  • Built-In Electric Oven
Schools
  • Elementary School: Southside Elementary
  • Middle School: Southside Elementary
  • High School: Wilson Central High School
Additional Info
  • Water Source: Public
  • Building Size: 960 Sqft
  • Construction Materials: Vinyl Siding
  • Levels: One
  • Lot Features: Level, Wooded
  • On Market Date: February 10th, 2025
  • Previous Price: $279,000
  • Stories: 1
Financial
  • Annual Tax Amount: $783
Listing Data
  • Mls Status: Canceled
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Apr 15th, 2025 @ 6:17pm
  • Status Change Timestamp: Apr 12th, 2025 @ 2:06am
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