5 months on rocket

1050 Lakeland Dr, Gallatin, TN, 37066

$2,300,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths, 2 Partial
6,940 SqFt
$331/SqFt
House
Schools Nearby

Location

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1050 Lakeland Dr, Gallatin$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway
Year Built1830
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
WaterfrontLake Front
Private PoolYes
MLS #2591619
Lot Size2.90 Acres
StatusActive

About 1050 Lakeland Dr

Multigenerational Estate, turn key rental, or a beautiful canvas for whatever dream! Historic 1830's Pilot Knob Estate, 3-home historic log cabin estate on 2.9 lakefront acres. Selling fully furnished. Make this your family estate living across 3 homes or do a hybrid approach and rent out some of the cabins, or take over what has been built for you and run full estate as profitable short term rentals. Spacious rooms, covered porch with views of saltwater pool, deck with lake view, fully equipped workshop, and two storage sheds. On-site Meditation Cherokee Medicine wheel creates an atmosphere and connection to nature. Currently a thriving short-term rental business, with a solid 5-star rating from over 88 reviews. Sleeps 25 guests across all three homes and has a proven track record for group retreats. Mang staff willing to transition. Main home is 3,724sf 3bed 3.5ba, other cabins are 1,731sf 2bed 1.5 ba & 1,209sf 1 bed 1ba. (Seller willing to separate parcels see MLS 2594456)

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 1830
  • Living Area: 6,940 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (615) 478-0335
  • Listing Agent: Rachel Benton

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Grill, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Finished Wood, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front

Parking Information:

  • Attached Garage: No
  • Parking: Circular Driveway, Driveway

Lot Features

Lot Information:

  • Lot Size: 2.90 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Station Camp High School, Public District Grades 9-12
  • Station Camp Middle School, Public District Grades 6-8
  • Station Camp Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GALLATIN RD N, L STATION CAMP, RIGHT ON LAKELAND, HOUSE ON RIGHT

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $331/SqFt

Tax Information:

  • Annual Amount: $2,032
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$444.9K

Med. Price/SqFt

$222

Avg. Days On Market

42

# of Sold Homes

63

1050 Lakeland Dr vs Gallatin

171 DAYS ON ROCKET

+129 Days

$2,300,000

+$1.8M More

$331/SqFt

+$108 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $108/SqFt more than other homes in Gallatin, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2591619

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (615) 478-0335
  • Listing Agent: Rachel Benton

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: 4/28/2024, 12:18:14 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

Mar 07, 2005Home Sold
$220,000
Oct 13, 1998Home Sold
$269,000
Feb 22, 1994Home Sold
$150,000
Feb 22, 1994Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,032$89,850
2020$1,837$89,850
2019$1,300$81,225
2018$1,300$52,000
2017$1,300$52,000

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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.

Elementary School

school-card-donut-2228081
8
/10
  • Station Camp Elementary School

  • 1020 Bison Trl

  • 1.63 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2228082
9
/10
  • Station Camp Middle School

  • 281 Big Station Camp Blvd

  • 1.52 miles

  • Public District Grades 6-8

High School

school-card-donut-2228083
8
/10
  • Station Camp High School

  • 1040 Bison Trl

  • 1.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,828. Most Gallatin, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1050 Lakeland Dr

What is the listing price of this property?

The listing price of 1050 Lakeland Dr property is $2,300,000.

What type of property is this?

The property 1050 Lakeland Dr is a house located in Gallatin, Tennessee, 37066.

Is this property for sale now?

Active Listing: 1050 Lakeland Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1050 Lakeland Dr are:
Station Camp Elementary School: GreatSchools Rating 8/10
Station Camp Middle School: GreatSchools Rating 9/10
Station Camp High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,032 (source: MLS/based on county public records data).

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

The last sale was on March 7, 2005 for $220,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1050 Lakeland Dr has 6 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 1050 Lakeland Dr is 6,940 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1050 Lakeland Dr is 1830.

Rocket HomesTennesseeSumner CountyGallatin370661050 Lakeland Dr

This home is located at 1050 Lakeland Dr in Gallatin, TN and zip code 37066. This 6,940 square foot home, which was built in 1830, sits on a 2.90 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $2,300,000.

In March 2024, from all listings sold in Gallatin, TN there were more than 11 sold above asking price, over 26 sold below and more than 26 were sold right at the asked price. The number of listings in Gallatin, TN increased by 20.6% between February 2024 and March 2024. In March 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $444,995.

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

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