8 Phillips Rd

Active

Lebanon, TN 37087

Bedrooms
0
Bathrooms
0.00
Sq Ft
5.2300
Acres
Updated 6 minutes ago MLS #: 2906992 Listed 2 months ago

$325,000.00

Est. Monthly: $1,568.59

About This Property

Are you looking to purchase property that has an ability to build two homes upon it? For the record, finding land with the ability to follow established laws is extremely difficult to find. This 5.23 acres has enough soils to build one 5 bedroom house plus the road frontage which allows it to be subdivided. Wilson County requires that each land tract have its own 50 ft of public road access plus be a specific size lot before it can be subdivided. Considering this parcel’s asking price and the minimal cost to subdivide it, you may want to look into this tract because it’s very rare to find any building lots that can be subdivided and at this reasonable price. Deed restrictions are very minimal with requirements for size of the house, construction materials on the exterior and other reasonable requirements to protect your investment can be found in the media section. Notice that there is no HOA requirement. The rear of the property has a creek but FEMA does not show the property being listed on flood map which would require potentially expensive and mandatory flood insurance IF a mortgage was needed. With 190 feet of paved county road frontage and the tract has just over 1200 ft in depth not only meets the subdivision requirements but also shows the potential to build two single family houses at a reasonable cost for the land which typically is why most tracts of land cannot accomplish your goal of two houses being built on the lot beside each other. Subdivision into two building lots will require a surveyor to process the property and submit it to planning. Assistance by the listing broker to accomplish this subdivision process, step by step is not required but available to make the process easier for you. Meetings are held monthly and submission dates are published online in the media links for Wilson County planning department. Don’t buy anything that hasn’t been vetted as reasonable to subdivide and not take 6 or more months and lots of money to achieve the goal.

Location

Subdivision Connie Colbert Property
Directions I40E to Exit 239B (Lebanon) then follow approx 2 miles to Right on Carthage Hwy then continue approx 4 miles to Left onto Old Rome Pk, Left onto Phillips Rd (less than 1/2 mile past Sugar Flat Rd) Property is across the street from 1586 PHILLIPS RD

Interior Features

Exterior & Property

Lot Features Wooded
Sewer/Septic Septic Tank Available
Water Source Private

Schools

K-5
Elementary School
Tuckers Crossroads Elementary
6-8
Middle School
Tuckers Crossroads Elementary
9-12
High School
Watertown High School

Property Details

Property Type Land
Annual Taxes $435.00
Listing Office Best Real Estate Advisors
Listing Agent Bob Sorey
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2025-09-02T10:33:54+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Lebanon and the Connie Colbert Property neighborhood

Lebanon Market

City-wide statistics

Explore Lebanon
774
Active Listings
$851,224.11
Avg Price
2,689
Avg Sq Ft
3.4
Avg Bedrooms

Connie Colbert Property

Neighborhood statistics

Explore Connie Colbert Property
2
Active Listings
$687,000.00
Avg Price
3,230
Avg Sq Ft
3.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 2906992

Currently active listing

2 months ago • Jun 11, 2025

83 days on market

$325,000.00