509 Derby Downs, Lebanon, TN 37087
Property image
Property image
OFF MARKET

509 Derby Downs
Lebanon, TN 37087

  • 4 Beds
  • 3.5 Baths
  • 3,616 sqft (on 0.45 acres)

$823,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,525/mo*
Refinance Your Home

$823,700

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $4,525/mo*
Refinance Your Home
4 Beds
3.5 Baths
3,616 sqft
(on 0.45 acres)

Home Value

Trulia Estimate
$824K
Since last month
Decreased$11K (-1.3%)
Since last year
Increased$48K (+6.2%)
Since last sale
Increased$149K (+22.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +98% in the last 10 years
MonthEstimated value
2026
August 2026$819K
July 2026$830K
June 2026$831K
May 2026$817K
April 2026$802K
March 2026$808K
February 2026$794K
January 2026$778K
2025
2024
2023
2022
2021
2020
2019
2018

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2019 Arlington Rd, Lebanon, TN
0.08
Single-Family Home
$720,000
04/17/26
4
3.5
3,320
413 Barnes Dr, Lebanon, TN
0.15
Single-Family Home
$585,000
04/27/26
3
2.5
2,770
2009 Brunswick Dr, Lebanon, TN
0.30
Single-Family Home
$785,000
07/30/26
4
3.5
3,608
404 Amarillo Dr, Lebanon, TN
0.28
Single-Family Home
$800,000
10/17/25
4
3
3,946
416 Barnes Dr, Lebanon, TN
0.10
Single-Family Home
$525,000
10/02/25
3
2.5
2,694
2017 Blue Ribbon Downs, Lebanon, TN
0.31
Single-Family Home
$765,000
06/25/26
4
3.5
3,619
516 Lexington Dr, Lebanon, TN
0.23
Single-Family Home
$620,000
07/10/26
3
2
2,691
529 Derby Downs, Lebanon, TN
0.23
Single-Family Home
$1,044,000
08/25/25
4
4.5
4,439
534 Derby Downs, Lebanon, TN
0.31
Single-Family Home
$739,900
05/07/26
3
2.5
3,250
111 Lexington Dr, Lebanon, TN
0.42
Single-Family Home
$525,000
03/18/26
3
2
2,589

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
511 Derby Downs, Lebanon, TN 37087
0.02
$731,900
4
4.5
3,730
Off Market
513 Derby Downs, Lebanon, TN 37087
0.04
$696,300
5
2.5
3,539
Off Market
421 Barnes Dr, Lebanon, TN 37087
0.09
$764,500
4
3.5
3,825
Off Market
2019 Arlington Rd, Lebanon, TN 37087
0.08
$720,000
4
3.5
3,320
Recently Sold
515 Travelers Ct #67, Lebanon, TN 37087
0.11
-
-
-
-
Off Market
416 Barnes Dr, Lebanon, TN 37087
0.10
$513,000
3
2.5
2,694
Off Market
2016 New Market Ave, Lebanon, TN 37087
0.11
$615,900
3
2.5
2,682
Off Market
521 Derby Downs, Lebanon, TN 37087
0.12
$980,500
4
4
4,500
Off Market
2 Arlington Rd #2, Lebanon, TN 37087
0.12
-
-
-
-
Off Market
516 Letcher Ave, Lebanon, TN 37087
0.14
$687,900
3
2.5
2,985
Off Market
520 Derby Downs, Lebanon, TN 37087
0.14
$974,900
3
3.5
4,180
For Sale

Local Information

  • Map ViewExplore the area around 509 Derby Downs.
  • Schools1 Preschool School1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2017
Lot Size
0.45 acres
Living Area
3,616 sqft
Price/Sqft
$228
Parking
2 Car Garage

About this House

Welcome to your dream home on a desirable cul-de-sac in Wilson County! Bring the boat, trailer, RV, you name it - we've got NO HOA restricting your hobbies here. Get ready to thrive in this home's 4 full bedrooms, an additional office space, and massive rec room with its very own wet bar! Featuring a renovated kitchen, Quartz counters, new landscaping, exterior and interior paint. This home will fit it all and then some with the extra large garage, ample storage space, as well as the expansive & accessible attic. On almost a half an acre this home backs up to a gorgeous tree line allowing for privacy on almost all sides of the property. This is one you truly have to see to believe! Office downstairs currently being used as an additional bedroom.
509 Derby Downs, Lebanon, TN 37087 is a 4 bedroom, 4 bathroom, 3,616 sqft single-family home built in 2017. It last sold for $670,000 on Oct 27, 2023 (4% below the $699,900 asking price). It is currently off market. The Trulia Estimate is $823,700, with a rent estimate of $3,432/month.
Last check for updates: 1 day ago
Listed by Corinne Lincoln, (949) 310-2397
Keller Williams Realty - Nashville Urban
Jen Goslin, (412) 335-5826
Keller Williams Realty - Nashville Urban
Bought with: Jason Richerson, (615) 239-4400, Century 21 Prestige Hendersonville
Source: RealTracs MLS as distributed by MLS GRID, MLS#2555563

Home Details for 509 Derby Downs

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 8Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Kitchen, Living RoomWet Bar
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3616 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Water AvailableAppliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Double Oven, Electric Oven, CooktopDishwasherDisposalDryerLaundry: Utility ConnectionMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas, Living RoomHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Wood, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Wood, Tile
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFencing: PartialExterior: Smart Lock(s)No Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Garage Door Opener,Attached,Driveway
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3616 Square Feet

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 057P A 00501 000

Price & Status

Price
List Price: $699,900
Status Change & Dates
Off Market Date: Mon Oct 30 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: LebanonCommunity: Iroquois 1
School Information
Elementary School: Castle Heights ElementaryJr High / Middle School: Winfree Bryant Middle SchoolHigh School: Lebanon High School

Building

Building Area
Building Area: 3616 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.45 acres

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 2555563Attribution Contact: 9493102397Above Grade Unfinished Area: 3616

Price and Tax history

DateEventPrice
Oct 27, 2023
Source: RealTracs MLS as distributed by MLS GRID #2555563
Sold
$670,000
Sep 25, 2023
Source: RealTracs MLS as distributed by MLS GRID #2555563
Contingent
$699,900
Sep 7, 2023
Source: RealTracs MLS as distributed by MLS GRID #2555563
PriceChange
$699,900
Price decreased by 2%
Aug 4, 2023
Source: RealTracs MLS as distributed by MLS GRID #2555563
Listed For Sale
$715,000
Aug 31, 2022
Source: RealTracs MLS as distributed by MLS GRID #2405033
Sold
$700,000

Market trends in Lebanon

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$450K
$4.3KMoM
Sale-to-List Price
99.4%
0.2%MoM
Price per sq ft
$219
$2MoM
Available listings
487
21MoM

Around this home

What Locals Say about Lebanon

At least 188 Trulia users voted on each feature.

  • 85 % Say parking is easy

  • 85 % Say car is needed

  • 79 % Say yards are well-kept

  • 75 % Say there's holiday spirit

  • 73 % Say it's dog friendly

  • 66 % Say kids play outside

  • 63 % Say there's wildlife

  • 61 % Say it's quiet

  • 55 % Say people would walk alone at night

  • 51 % Say neighbors are friendly

  • 48 % Say they plan to stay for at least 5 years

  • 44 % Say streets are well-lit

  • 43 % Say there are sidewalks

  • 31 % Say it's walkable to restaurants

  • 30 % Say it's walkable to grocery stores

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Parents should know that every child learns and grows differently. It’s important to create a safe, loving environment where children feel heard, supported, and encouraged to express themselves. Patience, communication, and emotional support can make a huge difference in a child’s confidence and development.”"
    0
    Flag
  • Yaya4jesus
    "I can’t think of anything that makes it unique They people are nice and friendly my area is safe and pet friendly I love that there is a dog park"
    0
    Flag
  • Rachel Nessim
    "Limited parks and public spaces but yards are plenty large to have fun! Sidewalks can also be a problem in some neighborhoods "
    0
    Flag
  • Aroye1122
    "Safe friendly neighborly beautiful area beautiful homes .beautiful sunsets sunrises.you can see the hills in the distance based on where you are.Restaurants public places are safe..Lots of grocery shopping.The main highway in Lebanon I-40 never too much traffic."
    0
    Flag
  • Swilker2
    "This is a great place to raise kids. There are great churches, parks, and schools. If your kids like sports we have everything. The area is really growing so expect traffic! "
    1
    Flag
  • Melissa Ford
    "35-45 mins to downtown Nashville depending on traffic. Nashville needs infrastructure work done with all the people moving here."
    0
    Flag
  • Edwin Washington
    "Nothing makes it unique. I love the city hate the subdivision. Low grade builder. Should have never bought this house in this community"
    0
    Flag
  • Seth Stiltner
    "Commuting around Lebanon is easy because you can navigate everything smoothly. It’s hard to get lost. "
    3
    Flag
  • Dt1327
    "We have movie nights, we also have trunk or treats each year around Oct, there is also a social club "
    0
    Flag
  • Trinity S.
    "The west side of town is more friendly for families, couples I think are better on the west side due to the close proximity and general atmosphere."
    9
    Flag
  • Trinity S.
    "No privacy and most dogs just wander around with no humans and no leashes, very unsafe if you are a new dog owner."
    6
    Flag
  • Gina T.
    "A lot of home owners have dogs in this community. People walk their dogs at all times of the day. They must have a leash on!"
    0
    Flag
  • BROOKE B.
    "Halloween on town square is a lot of fun. We also have fun runs with the school and lots of different activities come up throughout the year."
    0
    Flag
  • Gina T.
    "Everyone is friendly and looks out for one another! Great area to raise kids. Great schools and safe!"
    0
    Flag
  • Design C.
    "all the dogs that are here are friendly and never had any issues. the neighborhood that I'm in is very pet friendly."
    3
    Flag
  • HOLLY R.
    "The town square has community events year round where you can shop, eat from local food trucks and support local businesses."
    2
    Flag
  • Julie S.
    "It takes a while to get there even by car. There are a lot of places in walking distance. Most places are about 2 miles from here or more "
    1
    Flag
  • Kennedy P.
    "Small town community that is quiet, close to major shopping, and cozy. Lots of great schools within 5 mile radius "
    1
    Flag
  • Steph
    "Big yards. Nice side streets. A lot of fellow dog owners. This is ridiculous. I’m visiting friends and do not know the intricacies of dog ownership. "
    0
    Flag
  • Jab36ps
    "There is a good new dog park that is close to the people park. Most of the dog owners who take their dogs to the park are friendly. "
    0
    Flag
  • Shannontatum_80
    "Quick and easy close to several areas not to much traffic well monitored by police. A neighborhood worth giving a try new to the community "
    0
    Flag
  • John W.
    "fall festivities, lots of Halloween trick or treat, lights out for Christmas. the square is always active. yard sales always going on. things are close by "
    0
    Flag
  • Dt1327
    "We have different events at the clubhouse social events for seniors and kids community yard sale twice a year "
    0
    Flag
  • Jonicadavis
    "Dog owners would I like it here , because we have a track that you can walk your dog on , and there is a dog park 7 minutes away. It’s wonderful "
    4
    Flag
  • Gil G.
    "Golf course is amazing with incredible fairways and smooth fast greens requiring skills. Views from the clubhouse veranda are breath taking."
    0
    Flag
  • Emily P.
    "The people are friendly and it’s a small town feel. Everyone knows each other but you’re not too squished together. "
    7
    Flag
  • Jennifer O.
    "it's not a bad place to stay the people are friendly and everything is closed by and easily accessible"
    1
    Flag
  • Joannam625
    "I've lived in this neighborhood for 6 years. It's a quiet neighborhood. You can hear the school kids at recess during the school year and during the summer you see kids walking their dogs, riding bikes, and taking walks. "
    1
    Flag
  • Ebshannon69
    "neighbors are friendly and just being here 3 months I've noticed lots of community activities, involvement. future library coming to the neighborhood for book share."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-22 20:13:10 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 509 Derby Downs

  • What is 509 Derby Downs estimated to be worth?
    Trulia's estimated value for 509 Derby Downs in Lebanon, TN is $823,700.
  • What is the price history for 509 Derby Downs?
    509 Derby Downs in Lebanon, TN last sold for $670,000 in October 2023.
  • Is Lebanon a buyer's or seller's market?
    Lebanon is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Lebanon?
    The median sale price in Lebanon is $450K. That is up $4.3K from the prior month.
  • Does 509 Derby Downs have air conditioning?
    Yes, 509 Derby Downs in Lebanon, TN has air conditioning.
  • Does 509 Derby Downs have laundry facilities?
    Yes, 509 Derby Downs in Lebanon, TN has in-unit laundry.

Explore by feature - Pet Friendly

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Off Market Homes Near 509 Derby Downs

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