Company Logo

8 Phillips Rd , Lebanon, TN 37087

$305,000
  • 8 Phillips Rd , Lebanon, TN 37087 Main Photo

1 Total Photos [Click to View All]

Active
LOT SIZE 5.230 acres MLS#3073941
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONConnie Colbert Property

Property Description

5.23 Acres | A-1 Zoning | 2-Parcel Subdivision PotentialSecure a versatile 5.23-acre tract with A-1 Zoning. This property appears to meet the new Wilson County guidelines for a 2-parcel subdivision, requiring a minimum of 80,000 sq. ft. and 50 ft of public road frontage per lot. With 190 ft of paved road frontage and a depth over 1,200 ft, the land is well-positioned for the creation of two separate residential lots. Other lots on this plat have been used to build beautiful homes by local licensed general contractors. There is no requirement to use a specific contractor. Note that TN does not require a licensed contractor under certain circumstances, but the same owner can only build one house in a specific time period; a general contractor would be required to build two houses by the same owner.The rear features a creek, yet buildable areas remain outside FEMA flood zones, typically avoiding mandatory flood insurance. No HOA. Straightforward deed restrictions protect the area's aesthetic by governing dwelling size and exterior finishes. Total septic capacity is limited to 5 bedrooms per TDEC guidelines. These guidelines assist owners by utilizing the two person per bedroom standard, allowing for a new system in previously identified soil areas, facilitating quicker repairs and reducing costs if maintenance is needed. While a dwelling may contain additional rooms, it cannot be advertised as having more than 5-bedroom approval.The listing broker can assist with a step-by-step process sheet for the 2-parcel subdivision submission including: 1) A list of professionals to perform required work; 2) Monthly planning dates, deadlines, and requirements. While approval cannot be guaranteed, this is intended to speed the due diligence process. No guarantees are made regarding final county approval; buyers should perform their own due diligence.

8 Phillips Rd | MLS# 3073941

This land located at 8 Phillips Rd , Lebanon, TN 37087 is currently listed for sale with an asking price of $305,000. The property has approximately 5.23 Acres. Search Lebanon real estate on www.clhomes.com today.

Property Features

Property Type: Land - Farm
Lot Size: 5.23 Acres
Taxes: $435

Feature Descriptions

Days on Site: 66
Lot: Wooded
Parcel#: 043 00518 000
Sewer: Septic Tank Available
Topography: Wooded
Utilities: Water Available
Water: Private
Water Features: Creek

Local Schools

High School: Watertown High School
Middle School: Tuckers Crossroads Elementary
Elementary School: Tuckers Crossroads Elementary

Listed By / Shown By

Listed By

Agency Name: Best Real Estate Advisors
Agency Phone: 6157586880

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 804.01 per month $678.80 Principal & Interest $36.25 Property Tax $88.96 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel