Skip main navigation
Sold for $2,050,000
  • $2,050,000

    493 Bankwood Ln, La Follette, TN 37766

    6beds
    4,516sqft
    Single Family Residence
    Built in 2013
    1.96 Acres Lot
    $2,072,000 Zestimate®
    $454/sqft
    $6,701 Estimated rent

    Home value

    $2,072,000

    Estimated sales range

    Not available

    $6,701/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $6,701/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $6,701/mo

    Rent Zestimate®

    Refinance and save

    $9,616/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $9,616/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Gas fireplaceNorris lake lakefront estateStainless steel appliancesLarge kitchenNatural lightSecure deep-water accessMassive deck
    493 Bankwood Lane, LaFollette, Tennessee - Luxury Lakefront Estate Experience unparalleled luxury and the ultimate turn-key lifestyle at this magnificent 6-bedroom, 6.5-bath Norris Lake lakefront estate, perfectly situated on a 1.96-acre lot on Big Creek water. This extraordinary home is designed to capture the breathtaking, unobstructed Norris Lake views from every vantage point. The living spaces are defined by the rustic tongue and groove cathedral ceilings and walls of large windows and doors that flood the interior with natural light and seamlessly connect to the water. The expansive 6-bedroom layout ensures unparalleled comfort, as every single bedroom features its own dedicated en-suite bathroom. The ultimate luxury is delivered on the main floor, which hosts TWO distinct primary bedrooms, each with a private en-suite bath, gas fireplace, and exclusive access to a private balcony overlooking the water. The large kitchen is equipped with granite countertops and stainless steel appliances. Adjacent to the kitchen, a large, highly functional laundry room includes an integrated sink, pantry storage, a dedicated ice maker, and an auxiliary refrigerator, providing exceptional convenience for entertaining. The home features hardwood flooring throughout the main level and new carpet upstairs. Outdoor living is centered around a massive deck, perfect for large gatherings and soaking in the lake sunsets. The property provides secure, deep-water access with a new metal and concrete dock that includes a retrofit lift specifically sized for a tritoon (one available for sale). After a day on the water, you can unwind in the included, top-of-the-line 6-person hot tub, positioned for a private, relaxing experience with spectacular views. This exceptional opportunity is offered fully furnished, allowing for immediate enjoyment. Furthermore, the home is protected by a comprehensive home warranty through 2028, ensuring peace of mind for the new owner. This home is located in an exclusive gated neighborhood and overnight rentals are not permitted. The Harris tritoon, Polaris Ranger UTV, and the Yamaha GP1800 jet ski are all for sale. Pricing and more details available upon request. As with all real estate transaction, buyer or buyers agent should verify all information, including but not limited to square footage, restrictions, acreage, etc.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cameron McGhee 423-494-0740,

    Alco Builders & Realty Co

    Bought with:

    Jessica Strunk, 373541

    Wallace

    Source: East Tennessee Realtors,MLS#: 1321479MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Central, Propane, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Breakfast Bar, Eat-in Kitchen
    • Flooring: Carpet, Hardwood, Tile
    • Windows: Windows - Vinyl, Insulated Windows, Drapes
    • Basement: Walk-Out Access,Finished,Bath/Stubbed
    • Number of fireplaces: 3
    • Fireplace features: Gas, Ventless, Gas Log
    Interior area
    • Total structure area: 4,516
    • Total interior livable area: 4,516 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Garage Door Opener, Basement
    • Garage spaces: 1
    Features
    • Exterior features: Gas Grill, Prof Landscaped, Balcony, Dock
    • Has view: Yes
    • View description: Mountain(s), Seasonal Lake View, Country Setting, Trees/Woods
    • Has water view: Yes
    • Water view: Seasonal Lake View
    • Waterfront features: Lake/Water Access, Waterfront
    • Frontage type: Lakefront
    Lot
    • Size: 1.96 Acres
    • Features: Wooded, Rolling Slope
    Details
    • Parcel number: 129A A 063.02

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Other, Cement Siding, Block, Frame
    Condition
    • Year built: 2013

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Security: Gated Community, Security System, Smoke Detector(s)
    • Subdivision: Banks of Big Creek
    HOA
    • Has HOA: Yes
    • HOA fee: $300 annually
    Location
    • Region: La Follette

    Financial & listing details

    • Price per square foot: $454/sqft
    • Tax assessed value: $1,067,700
    • Annual tax amount: $3,245
    • Date on market: 11/10/2025

    Price history

    DateEventPrice
    3/2/2026Sold$2,050,000-10%$454/sqft
    Source: East Tennessee Realtors #1321479 Report a problem
    2/8/2026Pending sale$2,279,000$505/sqft
    Source: East Tennessee Realtors #1321479 Report a problem
    11/10/2025Listed for sale$2,279,000+42.4%$505/sqft
    Source: East Tennessee Realtors #1321479 Report a problem
    8/8/2022Sold$1,600,000$354/sqft
    Source: East Tennessee Realtors #1192938 Report a problem
    6/9/2022Pending sale$1,600,000$354/sqft
    Source: East Tennessee Realtors #1192938 Report a problem
    6/7/2022Price change$1,600,000-11.1%$354/sqft
    Source: East Tennessee Realtors #1192938 Report a problem
    5/26/2022Listed for sale$1,800,000+620%$399/sqft
    Source: East Tennessee Realtors #1192938 Report a problem
    4/9/2013Sold$250,000$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,245 $266,925
    2024$3,245 -20.1%$266,925 +35.8%
    2023$4,060 $196,525
    2022$4,060 $196,525
    2021$4,060 $196,525
    2020$4,060 $196,525
    2019$4,060 -7.9%$196,525 +0.3%
    2018$4,411 0%$196,025
    2017$4,411 $196,025
    2016$4,411 +13.1%$196,025
    2015$3,901 +20%$196,025 +20%
    2014$3,251 $163,350
    2013-- $163,350
    Find assessor info on the county website

    Neighborhood: 37766

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,072,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,072,000