27 Morgan Ln, Lebanon TN 37087
They aren't making homes like this anymore! Built in 2021 by Eastland Construction, this all-brick home sits on a cul-de-sac in coveted Farmington Woods and offers something increasingly hard to find—NEARLY AN ACRE with a fully fenced backyard. Lots this size are rare in the neighborhood, and mature landscaping adds privacy while leaving plenty of usable yard space. Even better, the fencing is already done, so there's no need to go through the ARC approval process after closing. The three-car side-entry garage provides room for vehicles and storage while allowing for more driveway space and gr
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Lebanon
This property is offered at $263 per square foot, compared with a $212 median for active 4-bedroom homes in Lebanon. Its asking price falls near the 81st percentile of that active group. The comparison uses 291 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 5 days, while the current cohort averages 62 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $852,450, and the median is $259 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 23 Morgan Ln | Jul 22, 2026 | 4 bd · 3,395 sqft | $795,000 | 0.0 mi |
| 450 Huntington Dr | Aug 29, 2026 | 5 bd · 3,567 sqft | $1,060,000 | 0.1 mi |
| 703 Farmington Dr | Aug 17, 2026 | 4 bd · 3,437 sqft | $840,000 | 0.2 mi |
| 701 Farmington Dr | Oct 2, 2026 | 4 bd · 3,688 sqft | $1,004,900 | 0.2 mi |
| 907 Larkspur Ln | Aug 4, 2026 | 5 bd · 3,521 sqft | $864,900 | 0.3 mi |
| 405 Huntington Dr | Sep 30, 2026 | 4 bd · 3,655 sqft | $887,000 | 0.3 mi |
| 463 Carver Ln | Aug 25, 2026 | 3 bd · 2,592 sqft | $795,000 | 0.3 mi |
| 1003 Stone Creek Ln #221 | Jul 7, 2026 | 4 bd · 2,975 sqft | $839,900 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $849,900 · Coming Soon
- $849,900 · Active
- $849,900 · Active
- $849,900 · Active
Location reference points
How this address sits within the Lebanon area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- I-24 at Manchester53.4 miles straight-line · roughly 95 driving minutes
- Downtown Manchester54.5 miles straight-line · roughly 97 driving minutes
- Arnold Air Force Base60.5 miles straight-line · roughly 108 driving minutes
- Downtown Tullahoma61.5 miles straight-line · roughly 110 driving minutes
Continue comparing
Similar active homes in Lebanon
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Lebanon homes for sale · See the Lebanon market report