493 Bankwood Lane, LaFollette, TN 37766 (MLS# 1321479)

493 Bankwood Lane, LaFollette, TN 37766

$2,050,000

Virtual Tour

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Property Type: Single Family Bedrooms: 6 Square Footage: 4,516 Lot Size (sq. ft.): 85,378 Status: Closed

Current Price: $2,050,000 List Date: 11/10/2025 Last Modified: 3/17/2026

Overview

Description

493 Bankwood Lane, LaFollette, Tennessee – Luxury Lakefront Estate Experience unparalleled luxury and the ultimate turn-key lifestyle at this magnificent 6-bedroom, 6.5-bath Norris Lake lakefront estate, perfectly situated on a 1.96-acre lot on Big Creek water. This extraordinary home is designed to capture the breathtaking, unobstructed Norris Lake views from every vantage point. The living spaces are defined by the rustic tongue and groove cathedral ceilings and walls of large windows and doors that flood the interior with natural light and seamlessly connect to the water. The expansive 6-bedroom layout ensures unparalleled comfort, as every single bedroom features its own dedicated en-suite bathroom. The ultimate luxury is delivered on the main floor, which hosts TWO distinct primary bedrooms, each with a private en-suite bath, gas fireplace, and exclusive access to a private balcony overlooking the water. The large kitchen is equipped with granite countertops and stainless steel appliances. Adjacent to the kitchen, a large, highly functional laundry room includes an integrated sink, pantry storage, a dedicated ice maker, and an auxiliary refrigerator, providing exceptional convenience for entertaining. The home features hardwood flooring throughout the main level and new carpet upstairs. Outdoor living is centered around a massive deck, perfect for large gatherings and soaking in the lake sunsets. The property provides secure, deep-water access with a new metal and concrete dock that includes a retrofit lift specifically sized for a tritoon (one available for sale). After a day on the water, you can unwind in the included, top-of-the-line 6-person hot tub, positioned for a private, relaxing experience with spectacular views. This exceptional opportunity is offered fully furnished, allowing for immediate enjoyment. Furthermore, the home is protected by a comprehensive home warranty through 2028, ensuring peace of mind for the new owner. This home is located in an exclusive gated neighborhood and overnight rentals are not permitted. The Harris tritoon, Polaris Ranger UTV, and the Yamaha GP1800 jet ski are all for sale. Pricing and more details available upon request. As with all real estate transaction, buyer or buyers agent should verify all information, including but not limited to square footage, restrictions, acreage, etc.

Listing Details MLS# 1321479

Location Tax Legal Info

House #: 493
Street Name: Bankwood
St Suffix: Lane
State/Province: TN
Zip Code: 37766
PIN #: 129A A 063.02
Subdivision: Banks of Big Creek

Contract Info

Auction Y/N: No
Listing Price: 2279000

General Property Description

Type: Basement Ranch
Acres: 1.96
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt – Total (Aprox): 4516
SqFt – Main Lvl: 2258
SqFt – Down Lvl: 2258
# Bedrooms: 6
Baths – Full: 6
Baths – 1/2: Yes
# of Rooms: 8
Fireplace: Yes
# Fireplace: 3
Property Status: N/A
HOA: Mandatory
HOA Fee: 300
HOA Freq: Yearly
HOA Contact: Banks of Big Creek
Year Built: 2013
Bonus Room: No
Extra Storage: Yes
SqFt – 2nd Flr Lvl: 0
SqFt – 3rd Flr Lvl: 0
Basement: Yes

Status Change Info

Status Change Date: 2026-03-17
Under Contract Date: 2026-02-08
Sold Date: 2026-03-02

Location, Tax & Legal Info

Area: Campbell County – 37
Property Sub-Type: Residential
City/County Code: County
Total Tax: 3244.74

Remarks & Misc

Directions: Take Demory Rd to Grantsboro Rd 14 min (7.9 mi) Head southwest on E Central Ave toward I-75ALT N/N Indiana Ave  0.9 mi Continue onto I-75ALT S  0.3 mi Turn left onto South Ave  0.5 mi Continue onto Demory Rd  6.2 mi  Take Chestnut Stump Rd to Bankwood Ln 12 min (5.3 mi) Slight right onto Grantsboro Rd  0.9 mi Turn right onto Chestnut Stump Rd  3.0 mi Slight left onto Bankston Ln  0.6 mi Slight right onto Big Creek Rd  0.3 mi Turn right onto Bankwood Ln  Destination will be on the left  0.5 mi 493 Bankwood Ln LaFollette, TN 3776
Public Remarks: 493 Bankwood Lane, LaFollette, Tennessee – Luxury Lakefront Estate Experience unparalleled luxury and the ultimate turn-key lifestyle at this magnificent 6-bedroom, 6.5-bath Norris Lake lakefront estate, perfectly situated on a 1.96-acre lot on Big Creek water. This extraordinary home is designed to capture the breathtaking, unobstructed Norris Lake views from every vantage point. The living spaces are defined by the rustic tongue and groove cathedral ceilings and walls of large windows and doors that flood the interior with natural light and seamlessly connect to the water. The expansive 6-bedroom layout ensures unparalleled comfort, as every single bedroom features its own dedicated en-suite bathroom. The ultimate luxury is delivered on the main floor, which hosts TWO distinct primary bedrooms, each with a private en-suite bath, gas fireplace, and exclusive access to a private balcony overlooking the water. The large kitchen is equipped with granite countertops and stainless steel appliances. Adjacent to the kitchen, a large, highly functional laundry room includes an integrated sink, pantry storage, a dedicated ice maker, and an auxiliary refrigerator, providing exceptional convenience for entertaining. The home features hardwood flooring throughout the main level and new carpet upstairs. Outdoor living is centered around a massive deck, perfect for large gatherings and soaking in the lake sunsets. The property provides secure, deep-water access with a new metal and concrete dock that includes a retrofit lift specifically sized for a tritoon (one available for sale). After a day on the water, you can unwind in the included, top-of-the-line 6-person hot tub, positioned for a private, relaxing experience with spectacular views. This exceptional opportunity is offered fully furnished, allowing for immediate enjoyment. Furthermore, the home is protected by a comprehensive home warranty through 2028, ensuring peace of mind for the new owner. This home is located in an exclusive gated neighborhood and overnight rentals are not permitted. The Harris tritoon, Polaris Ranger UTV, and the Yamaha GP1800 jet ski are all for sale. Pricing and more details available upon request. As with all real estate transaction, buyer or buyers agent should verify all information, including but not limited to square footage, restrictions, acreage, etc.

More Information

Atchd/Dtchd Type

Detached: Yes

Style

Traditional: Yes

Construction

Block: Yes
Frame: Yes
Other: Yes

Siding

Cement: Yes

Fireplace

Gas Log: Yes
Ventless: Yes
Gas: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Carpet: Yes
Hardwood: Yes
Luxury Vinyl Plank: Yes
Tile: Yes

Garage/Parking

Garage Spaces: 1
Basement: Yes
Garage Door Opener: Yes
Off-Street Parking: Yes

Basement

Finished: Yes
Plumbed: Yes
Walkout: Yes

Lot Description

Lake/Water Access: Yes
Rolling Slope: Yes
Waterfront: Yes
Wooded: Yes

Fuel

Electric: Yes
Propane: Yes

View

Country Setting: Yes
Lake View: Yes
Lakefront: Yes
Mountain View: Yes
Seasonal Lake View: Yes
Seasonal Mountain View: Yes
Wooded: Yes

Heat

Central: Yes

Community Amenities

Architect Restricted: Yes
Gated Community: Yes

Dining Area

Breakfast Bar: Yes
Eat-in Kitchen: Yes
Kitchen/Dining Rm Co: Yes
Living Rm/Dining Rm: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Gas Grill: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Security Alarm: Yes
Self Cleaning Oven: Yes
Smoke Detector: Yes
Washer: Yes

Other Rooms

Basement Rec Room: Yes
Bedroom Main Level: Yes
Den/Study: Yes
Extra Storage: Yes
Family Room: Yes
Great Room: Yes
Laundry/Utility: Yes
Mstr Bdrm Main Level: Yes
Office: Yes
Split Bedroom: Yes

Exterior Features

Balcony: Yes
Deck: Yes
Dock: Yes
Doors – Energy Star: Yes
Patio: Yes
Porch – Covered: Yes
Prof Landscaped: Yes
Windows – Insulated: Yes
Windows – Vinyl: Yes

Misc Features

Cathedral Ceiling(s): Yes
Drapes: Yes
Handicap Accessible: Yes
Hot Tub: Yes
Internet Available: Yes
Kitchen Island: Yes
Pantry: Yes
Trey Ceiling: Yes
Walk-in Shower: Yes
Walk-In Closet(s): Yes
Washer/Dryer Connect: Yes
Wired for Internet: Yes

Sewer

Septic Tank: Yes

Water

Public: Yes

Association Fee Incl

Other: Yes

New Financing

Cash: Yes
Conventional: Yes
Exchange: Yes
New Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Style: Traditional Construction: Block; Frame; Other Siding: Cement Basement: Finished; Plumbed; Walkout Lot Description: Lake/Water Access; Rolling Slope; Waterfront; Wooded View: Country Setting; Lake View; Lakefront; Mountain View; Seasonal Lake View; Seasonal Mountain View; Wooded Fireplace: Gas Log; Ventless; Gas Floors: Carpet; Hardwood; Luxury Vinyl Plank; Tile Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Gas Grill; Microwave; Range; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Washer Sewer: Septic Tank Water: Public Other Rooms: Basement Rec Room; Bedroom Main Level; Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Split Bedroom Misc Features: Cathedral Ceiling(s); Drapes; Handicap Accessible; Hot Tub; Internet Available; Kitchen Island; Pantry; Trey Ceiling; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Exterior Features: Balcony; Deck; Dock; Doors – Energy Star; Patio; Porch – Covered; Prof Landscaped; Windows – Insulated; Windows – Vinyl Dining Area: Breakfast Bar; Eat-in Kitchen; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Architect Restricted; Gated Community Association Fee Incl: Other Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange; New Loan

Documents

Restrictions ›

Dock permit ›

Listing Office: Alco Builders & Realty Co

IDX

Office Phone: 423-562-0638

Last Updated: March – 17 – 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.