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

 

Baneberry | TN - Homes $400k to $500k

 

Discover upscale residences in the lakeside resort community of Baneberry, TN (ZIP 37890) within the $400,000–$500,000 price range. This tier offers higher-end finishes, larger lots, and scenic appeal, ideal for buyers seeking established homes with quality features.

Market Snapshot

• TNRealEstate.Auction currently lists homes in Baneberry for $435,000—a refined 3-bedroom, 2.5-bath property with approximately 1,817 sq ft on ~0.6 acre of landscaped grounds.

• Realtor.com and Zillow collectively show around 6–7 active homes priced under $500K, with median listed home value at about $299,000 and ~59 total home listings in Baneberry.

Highlights of This Price Bracket

• Quality construction with 3 bedrooms, multiple baths, and lots around 0.5–1 acre.

• Ideal for retirees, second-home buyers, and families seeking lock-and-leave lifestyle near Douglas Lake and golf-community amenities.

• Homes in this tier deliver a balance: upscale without reaching multi-million-dollar luxury levels, yet more size and features compared to homes under $300K.

Buyer Notes

• Limited listings—typically just a handful at any time, so ready decision-making is key.

• A few homes slightly below this range (like the Iron Gate listing) reflect the quality expected at or above $400K.

• Buyers should review HOA dues, lake access rules, and any needed updates when considering options.

Ideal For:

• Buyers seeking enhanced space and amenities near Douglas Lake and golf amenities without entering ultra-luxury pricing.

• Those prioritizing quality homes with landscaped lots and larger square footage.

• Buyers ready to move quickly in a thin inventory segment