Under contract - showing

Price cut: $20K (2/14)

$679,000

205 Gwynn Rd Hngr 4, Lebanon, TN 37090

1beds

2,544sqft

Est.:

Single Family Residence, Residential

Built in 1990

7.47 Acres Lot

$-- Zestimate^®

$267/sqft

$71/mo HOA

What's special

Open living

SIGNIFICANT PRICE DROP - Fall Creek Airpark (TN96) Rare opportunity in one of Middle Tennessee’s most exclusive private airparks, now offered at a new price. Fall Creek is a 19-owner community with a 2,700’ x 80’ lighted grass runway, located just outside Nashville’s Class C airspace and minutes from Lebanon, Mt. Juliet, Murfreesboro, and Smyrna. The property includes a 40’ x 50’ hangar, 3-car garage, and a 2,500+ sq ft home on 7.5 acres with open living, fireplace, and upper/lower decks. The home is in good condition but dated, creating a rare entry point into a community where updated and new homes now command $1.3M–$2M. Ownership of the airpark (not a typical HOA) allows added flexibility for expansion or future improvements. Priced to move and well below surrounding values, a unique chance to secure an aviation property 30min from Nashville. Pilot, flying, runway, grass, airport, airstrip,

323 days

250

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Features: Walk-In Closet(s)
Level: Walk-In Closet(s)

Primary bathroom

Features: Double Vanity
Level: Double Vanity

Den

Features: Bookcases
Level: Bookcases

Dining room

Features: Combination
Level: Combination

Other

Features: Sewing Room
Level: Sewing Room

Living room

Features: Separate
Level: Separate

Other

Features: Florida Room
Level: Florida Room

Other

Features: Utility Room
Level: Utility Room

Recreation room

Features: Second Floor
Level: Second Floor

Heating

Central, Dual, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Appliances

Included: Electric Oven, Gas Range, Trash Compactor, Dishwasher, Disposal, Microwave
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Bookcases, Built-in Features, Ceiling Fan(s), Pantry, High Speed Internet, Kitchen Island
Flooring: Carpet, Wood, Tile
Basement: None,Crawl Space
Number of fireplaces: 1

Interior area

Total structure area: 2,544
Total interior livable area: 2,544 sqft
Finished area above ground: 2,544

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Detached
Garage spaces: 3

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Covered, Patio, Screened
Exterior features: Balcony
Fencing: Chain Link

Lot

Size: 7.47 Acres
Features: Private, Wooded
Topography: Private,Wooded

Details

Additional structures: Barn(s), Storage
Parcel number: 142 04605 000
Special conditions: Standard
Other equipment: Satellite Dish

Construction

Type & style

Home type: SingleFamily
Architectural style: Barndominium
Property subtype: Single Family Residence, Residential

Materials

Aluminum Siding
Roof: Aluminum

Condition

New construction: No
Year built: 1990

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Available, Water Available, Cable Connected, Underground Utilities

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Fall Creek Airpark

HOA

Has HOA: Yes
Amenities included: Underground Utilities
Services included: Maintenance Grounds
HOA fee: $850 annually

Location

Region: Lebanon

Financial & listing details

Price per square foot: $267/sqft
Annual tax amount: $1,735
Date on market: 5/1/2025
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/25/2026	Contingent	$679,000$267/sqft
Source: RealTracs MLS as distributed by MLS GRID #2819072 Report a problem
2/14/2026	Price change	$679,000-2.9%$267/sqft
Source: RealTracs MLS as distributed by MLS GRID #2819072 Report a problem
12/29/2025	Price change	$699,000-5.5%$275/sqft
Source: RealTracs MLS as distributed by MLS GRID #2819072 Report a problem
9/17/2025	Price change	$740,000-1.2%$291/sqft
Source: RealTracs MLS as distributed by MLS GRID #2819072 Report a problem
8/30/2025	Price change	$749,000-1.3%$294/sqft
Source: RealTracs MLS as distributed by MLS GRID #2819072 Report a problem
6/21/2025	Price change	$759,000-5%$298/sqft
Source: RealTracs MLS as distributed by MLS GRID #2819072 Report a problem
5/1/2025	Listed for sale	$799,000$314/sqft
Source: RealTracs MLS as distributed by MLS GRID #2819072 Report a problem

Public tax history

Tax history is unavailable.

BuyAbility℠ payment

Est. payment

$3,602/mo

Principal & interest

$3310

Property taxes

$221

HOA Fees

$71

More affordability tools

Climate risks

Neighborhood: 37090

Getting around

0 / 100

Car-Dependent

18 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Southside Elementary School
Grades: PK-8Distance: 9.5 mi
7/10
Wilson Central High School
Grades: 9-12Distance: 6.7 mi

Schools provided by the listing agent

Elementary: Southside Elementary
Middle: Southside Elementary
High: Wilson Central High School

Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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