Active

1430 Powell Grove Rd

Lebanon TN, 37090

$279,000


$5.34 per sqft

Active

1.2 Acres

Land

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 840 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.

2794920

MLS ID

February 22, 2025

Listed

February 22, 2025

Updated

Exterior/Building Features

Lot Size

1.2 Acres


Lot Features

Level, Wooded


Sewer

Septic Tank

School Information

High School

Wilson Central High School


Elementary School

Southside Elementary

Other Property Details

Taxes

$783


Tax Frequency

Annually


Association Amenities

Trail(s)


Garage

No


View

No


County

Wilson County, TN


Water Source

Public


Pool

No


Utilities

Water Available


Zoning

R

Listed by Joseph Goodman CRS,ABR,GRI,SRES,SME, RE/MAX Choice Properties

 

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IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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