865-999-SOLD (7653)   -   www.TNRealEstate.Auction

 

Baneberry | TN - Homes $300k to $400k

 

Explore attractive mid-range home options in the scenic, lake‑adjacent community of Baneberry, TN (ZIP 37890). Properties in this price range offer comfortable living with proximity to recreational amenities and resort-style surroundings.

Market Snapshot

• Realtor.com reports a median listing price of ~$299,900, with about 5 active listings in the $300K–$400K bracket according to Weichert Realty data.

• Zillow shows 12 single-family homes for sale—including 3512 Iron Gate Dr listed at ~$397,789—and others like 267 Back Nine Drive at $435,000 (a recent price reduction) just above this range.

Lifestyle & Features

• Homes in this range typically offer 3 bedrooms, 2+ bathrooms, and around 1,600–2,400 sq ft.

• Baneberry offers a tranquil lifestyle with lake access, golf, walking trails, and mountain views, all within the Smokies foothills.

• This pricing tier tends to attract retirees, vacation home buyers, and families seeking quality homes with less maintenance.

Buyer Tips

• Limited inventory—only 5 or so homes typically fall into this bracket at any time, so timing and readiness are key.

• Some homes, like 267 Back Nine, may exceed the top of this price tier but signal quality similar to what falls just under $400K.

• Evaluate HOA dues, lake access restrictions, and condition of homes—some may require updates.

This Range Is Ideal For:

• Buyers seeking comfortable family homes in a scenic resort community—without stepping into high-end luxury tiers.

• Those wanting Douglas Lake access, golf amenities, and a peaceful neighborhood atmosphere.

• Buyers comfortable with a smaller inventory and ready to act quickly when listings appear.