520 Derby Downs

Lebanon, TN
$ 974,900 Beds 3 Baths 3.5 Sq 4,180
Monthly Estimate* How much can I afford?

EXQUISITE! INDOOR LUXURY MEETS OUTDOOR LIVING! OPEN CONCEPT AREAS DESIGNED AS AN EASY FLOW FOR CELEBRATIONS & GATHERINGS, BOTH INSIDE AND OUT! High-end features throughout. A mixing of lighting enhances each space, extensive hardwoods and crown trim. Front Entry foyer opens to the Formal Dining Room and Great Room, as well as adjacent Office The Great Room provides an open concept and offers high ceilings, and centrally positioned gas fireplace with stone surround. Living space extends to the spacious Sunroom/Florida Room, featuring an expanse of windows overlooking the tree lines and extension of the yard, 1.6 acres total. The Kitchen encompasses extensive work areas, enhanced by high end stainless appliances, including Wolf brand oven/range with gas cooktop, new dishwasher, convection oven, and warming drawer. Also included is a central island with pendant lighting, custom tile backsplash, granite countertops, and tucked away storage with pullout features. The adjacent Breakfast Room opens to deck areas. Owner's Retreat presents a Bedroom with En Suite Owner's Bathroom, with walk-in closet with expanded built-ins, jetted tub with tile surround, separate shower with custom tile, and double vanities with granite tops. The Powder Room and Utility Room are located along the passthrough to 2 additional Bedrooms with spacious closets and new carpeted flooring. An additional full Bathroom is easily accessible from each of these secondary bedrooms, and offers double vanities and a shower/tub combination. Hardwood treads lead to a separate Bonus Room with vaulted ceilings, built in surround sound speakers, and wet bar with built-in refrigerator. There is a dedicated 3rd full bathroom adjacent, with a combination shower/tub, which gives this area flexible uses, including being a possible 2nd Primary Bedroom/4th Bedroom! Walk up attic is directly accessible from this area, and allows space to store large amounts of items, or enough footage for possible future expansion!

Active

  • Price
  • $ 974,900
  • City
  • Lebanon
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • WILSON
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 1.6 Acres
  • Zip
  • 37087
  • Sqr Footage
  • 4,180
  • Year Built
  • 2005
  • Taxes
  • $ 5259
  • Style
  • Traditional
  • MLS#
  • 3546587
Listed By: Crye-Leike, Inc., REALTORS;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 4180
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Natural Gas Available,Water Available
Possession Negotiable
Appliances Oven,Built-In Gas Range,Dishwasher,Disposal,Stainless Steel Appliance(s),Water Purifier
Garage Spaces 3
Patio/Porch Features Porch,Covered,Deck
Architectural Style Traditional
Security Features Security System
Construction Materials Brick
Year Built 2005
Stories Count 2
Topography Private
Levels One
Property Subtype Single Family Residence
County Wilson County,TN
New Construction No
Property Type Residential
Attached Garage Yes
Subdivision Name Iroquois 1
Garage Y/N Yes
Full Baths 3
Status Active
Directions Lebanon/109/Gallatin exit North---Right on Lebanon Road---Right into Richmond Hills subdivision entrance---Travel through past 4 way stop sign---Right on Letcher---Right on New Market---Left on Derby
High School Lebanon High School
City Lebanon
Senior Community Y/N No
Open Parking Spaces 6
Lot Size Units Acres
Elementary School Castle Heights Elementary
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 5259
Middle/Junior High School Winfree Bryant Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),Entrance Foyer,Extra Closets,High Ceilings,In-Law Floorplan,Open Floorplan,Wet Bar
Basement Crawl Space
Flooring Carpet,Wood,Tile
Total Fireplaces 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 4180
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Other
Below Grade Finished Area Source Other
Above Grade Finished Area Source Other
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Fencing Full
Parking Features Attached,Driveway
Lot Features Private
Water Source Public
Total Parking 9
Lot Size Area 1.6
Building Area Total 4180
Lot Size Acres 1.6
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 3
Other Equipment Irrigation System

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Tullahoma, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Castle Heights Elementary
Middle School Winfree Bryant Middle School
High School Lebanon High School

Price History

9/11/2026 Listed $974,900

Property vs Zip Code Average in 37087

Price
AVG $670K
$970K
Taxes
AVG $2,309
$5,259
Year Built
AVG 2007
2005
Visits
AVG 49
22
Data Provided by Inside Real Estate®

Areas That We Cover

520 Derby Downs Lebanon, TN is a Single Family Home for sale at $974900 with 4180 sqft and a lot size of 1.6 Acres Acre(s). 520 Derby Downs Lebanon has 3 bedrooms, 3 baths and was built in 2005. The property's zip code is 37087 which is in Lebanon, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.