Active

427 Rome Pike, Lebanon TN 37087

$549,000
3 bed · 1,425 sqft · Built 1960 · 5.04 acres

PRICE REDUCTION, VERY MOTIVATED SELLERS - It is extremely hard to find acreage within the city limits of Lebanon and we have 5 acres to offer. ***NO HOA, NO RESTRICTIONS*** Great future investment opportunity, only 5 minutes to interstate I40. Home is one level, 3 bedrooms and 2 full baths with laundry off the oversized master bathroom, 1 car garage, large car port, 3 bay 36x20 drive thru shop/barn and a separate storage building. New back deck is perfect to relax right off the large 21x14 master bedroom. This home makes a great rental to help pay the mortgage and has plenty of roo

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CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Lebanon

This property is offered at $385 per square foot, compared with a $215 median for active 3-bedroom homes in Lebanon. Its asking price falls near the 76th percentile of that active group. The comparison uses 422 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 56 days, while the current cohort averages 35 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$385Listing $/sqft
$215Cohort median $/sqft
422Comparable active listings
35 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $345,000, and the median is $195 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
550 Twyla Dr Jul 1, 2026 3 bd · 2,200 sqft $395,000 0.2 mi
555 Twyla Dr Jul 1, 2026 3 bd · 2,200 sqft $390,000 0.2 mi
561 Twyla Dr May 28, 2026 3 bd · 1,901 sqft $375,000 0.2 mi
578 Hazelwood Pike Jun 25, 2026 4 bd · 2,424 sqft $435,000 0.4 mi
734 Hazelwood Pike Jun 26, 2026 $115,000 0.4 mi
108 Hartsville Ct Jun 9, 2026 2 bd · 1,385 sqft $270,000 0.5 mi
210 Burdock St Jul 8, 2026 3 bd · 1,363 sqft $279,500 0.5 mi
806 Dahlia Dr Jun 16, 2026 3 bd · 1,370 sqft $315,000 0.6 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $549,000 · Active

Location reference points

How this address sits within the Lebanon area

These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.

Continue comparing

Similar active homes in Lebanon

These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.

View all Lebanon homes for sale · See the Lebanon market report

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