Active

Residential

493 Bankwood Lane

LaFollette, TN 37766

Beds

6

Baths

7

Square Ft.

4,516

$2,279,000

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… Read More 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. Read Less

Courtesy of Alco Builders & Realty Co,

Listing Snapshot

Days Online

90

Last Updated

Feb 8, 2026

Property Type

Single Family Residence

Beds

6

Full Baths

6

Partial Baths

1

Square Ft.

4,516

Lot Size

1.96 Acres

Year Built

2013

MLS Number

1321479

30 Days Snapshot Of 37766

$435k

0%

(avg) sold price

0

-100%

homes sold

138

0%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

"Walkout", "Finished", "Plumbed"

Building

Built in 2013, Building area total: 4,516, Architectural style: "Traditional"

Cooling

"Central Cooling", "Ceiling Fan(s)"

Exterior Features

"Gas Grill", "Windows - Vinyl", "Prof Landscaped", "Balcony", "Dock"

Fireplaces

"Gas", "Ventless", "Gas Log"

Floors

"Carpet", "Hardwood", "Tile"

Garage

1 space

Heating

"Central", "Propane", "Electric"

Home Owner's Association

Association fee: $300

Interior Features

"Walk-In Closet(s)", "Cathedral Ceiling(s)", "Kitchen Island", "Pantry", "Breakfast Bar", "Eat-in Kitchen"

Lot

1.96 acres, 85,378 square feet, Area: 2, "Lake/Water Access", "Waterfront", "Wooded", "Rolling Slope"

Parking

"Off-Street Parking", "Garage Door Opener", "Basement"

Sewer

"Septic Tank"

Windows

"Windows - Insulated", "Drapes"

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Wynn Habersham Elementary School 423-784-9482 Public KG-8

White Oak Elementary School 423-784-6051 Public PK-8

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This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by East Tennessee REALTORS®.

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