Pat McCollum Can Help You Purchase This Home

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493 Bankwood Lane, LaFollette, 37766

Priced At: $2,279,000

Property Details for ID: 1321479

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SqFt: 4,516
Price SqFt: $505
Total Bedrooms: 6
Full Baths: 6 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2025-11-10T22:48:21Z
Subdivision: Banks of Big Creek

Public Remarks: 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Basement Ranch
Site Built: Yes
Year Built: 2013
Total Rooms: 8
SqFt (Total): 4,516
SqFt (Main Lvl): 2,258
SqFt (Down Lvl): 2,258
Full Baths: 6
1/2 Baths: 1
Fireplace: Yes
Bonus Room: No
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Plumbed, Walkout

  Exterior Features

Features: Balcony, Deck, Dock, Doors - Energy Star, Patio, Porch - Covered, Prof Landscaped, Windows - Insulated, Windows - Vinyl
Construction: Block, Frame, Other
Siding: Cement

  Appliances

Dishwasher, Dryer, Gas Grill, Microwave, Range, Refrigerator, Security Alarm, Self Cleaning Oven, Smoke Detector, Washer

  Room Dimensions

  Interior Features

Dining Area: Breakfast Bar, Eat-in Kitchen, KitchenDining Rm Co, Living RmDining Rm
Floors: Carpet, Hardwood, Luxury Vinyl Plank, Tile
Other Rooms: Basement Rec Room, Bedroom Main Level, DenStudy, Extra Storage, Family Room, Great Room, LaundryUtility, Mstr Bdrm Main Level, Office, Split Bedroom
Misc Features: Cathedral Ceiling, Drapes, Handicap Accessible, Hot Tub, Internet Available, Island in Kitchen, Pantry, Trey Ceiling, Walk-in Shower, Walk-in Closets, WasherDryer Connect, Wired for Internet

  Property Details

Acreages: 1.96
Lot Description: Waterfront Access, Rolling Slope, Lakefront, Wooded
View: Country Setting, Lake, Lakefront, Mountain View, Seasonal Lake View, Seasonal Mountain, Wooded

Utilities

Fuel Types: Electric, Propane

Financing

Finance Options: Cash, Conventional, Exchange, New Loan

  HOA Information

Restrictions: Yes
HOA: Mandatory
HOA Fee: 300
HOA Freq: Yearly
HOA Contact: Banks of Big Creek

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 3
Fireplace Type(s): Gas Log, Ventless, Gas
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Basement, Garage Door Opener, Off-Street Parking

  Community Features

Architect Restricted, Gated Community

Outbuildings


Presented By: / Alco Builders & Realty Co

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take Demory Rd to Grantsboro Rd 14 min (7.9 mi) Head southwest on E Central Ave toward I-75ALT N/N Indiana Ave  0.9 mi Continue onto I-75ALT S  0.3 mi Turn left onto South Ave  0.5 mi Continue onto Demory Rd  6.2 mi  Take Chestnut Stump Rd to Bankwood Ln 12 min (5.3 mi) Slight right onto Grantsboro Rd  0.9 mi Turn right onto Chestnut Stump Rd  3.0 mi Slight left onto Bankston Ln  0.6 mi Slight right onto Big Creek Rd  0.3 mi Turn right onto Bankwood Ln  Destination will be on the left  0.5 mi 493 Bankwood Ln LaFollette, TN 3776



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