Welcome to 503 Melanie Dr in Lebanon, TN, a well-maintained 3-bedroom, 2-bath home with a spacious upstairs bonus room, sitting on a generous .4-acre lot just 5 minutes from Downtown Lebanon and approximately 35 minutes from BNA Airport. Offering 1,938 square feet, this home features beautiful hardwood floors in great condition, a cozy gas fireplace, and a functional layout with plenty of room to spread out. The upstairs bonus room includes new carpet and a newly added mini split unit for improved comfort and temperature efficiency. Step outside and enjoy both a covered front porch and covered
CloseDaily local analysis
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
This property is offered at $219 per square foot, compared with a $215 median for active 3-bedroom homes in Lebanon. Its asking price falls near the 57th 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 5 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.
Nearby closed sales
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 $349,900, and the median is $233 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.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1405 Wrightford Dr | Jul 3, 2026 | 3 bd · 1,225 sqft | $324,900 | 0.4 mi |
| 1308 Knoll Ln | Jul 16, 2026 | 3 bd · 1,070 sqft | $310,000 | 0.4 mi |
| 402 Lovers Ln | Jun 10, 2026 | 4 bd · 2,657 sqft | $754,900 | 0.5 mi |
| 578 Hazelwood Pike | Jun 25, 2026 | 4 bd · 2,424 sqft | $435,000 | 0.5 mi |
| 1422 Wrightford Dr | Jul 14, 2026 | 4 bd · 1,803 sqft | $420,500 | 0.6 mi |
| 734 Hazelwood Pike | Jun 26, 2026 | — | $115,000 | 0.6 mi |
| 806 Dahlia Dr | Jun 16, 2026 | 3 bd · 1,370 sqft | $315,000 | 0.6 mi |
| 807 Long Leaf Rd | Jun 30, 2026 | 3 bd · 1,832 sqft | $374,900 | 0.6 mi |
MLS timeline
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.
Location reference points
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
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