706 Bankston Ln
La Follette, TN 37766
- 3 Beds
- 2 Baths
- 2,016 sqft (on 0.35 acres)
3 Beds
2 Baths
2,016 sqft
(on 0.35 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1997
Lot Size
0.35 acres
Living Area
2,016 sqft
Price/Sqft
$400
About this House
Imagine waking up to this view This Lakeside cottage is perfect for buyers that crave their own piece of Norris Lake Situated on the banks of the Big Creek area of Norris Lake, this cottage is located at the end of a cul-de-sac with a great view and easy walk to the water. The dock is positioned in a slight intention of the shoreline, providing some protection from main channel, while the view is spectacular. The home is a three-bedroom two bath cottage that has been the backdrop of many wonderful Lake memories and is ready to be the home for your next lake adventure.
706 Bankston Ln, La Follette, TN 37766 is a 3 bedroom, 2 bathroom, 2,016 sqft single-family home built in 1997. It last sold for the $699,900 asking price on Dec 28, 2023. It is currently off market. The Trulia Estimate is $806,600, with a rent estimate of $2,832/month.
Home Details for 706 Bankston Ln
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Interior Details Basement: Walk-Out Access,Finished,Bath/StubbedNumber of Rooms: 6 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2016 Square Feet |
Appliances & Utilities Appliances: DryerDryer |
Heating & Cooling Heating: Central,Heat Pump,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Floors: Carpet, Vinyl |
View Has a ViewView: Mountain(s), Country Setting |
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Exterior Home Features Other Structures: StorageExterior: DockNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Off Street |
Frontage WaterfrontWaterfront: Lake/Water Access, Lake FrontFrontage Type: LakefrontOn Waterfront |
Water & Sewer Sewer: Septic Tank |
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Year Built Year Built: 1997 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Wood SidingNot Attached Property |
Property Information Parcel Number: 129AA051.00 |
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Price List Price: $699,900 |
Status Change & Dates Off Market Date: Wed Nov 29 2023 |
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MLS Status: Closed |
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Direction & Address City: LaFolletteCommunity: Hiwassee Vi |
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Building Area Building Area: 2016 Square Feet |
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Lot Area: 0.35 acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 1246509Water View |
Last check for updates: about 11 hours ago
Listed by Tracy Lobertini
Alco Builders & Realty Co
Bought with: Janelle Poland, Gables & Gates, REALTORS
Source: East Tennessee Realtors, MLS#1246509

Price History for 706 Bankston Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 12/28/2023 | $698,500 | Sold | East Tennessee Realtors #1246509 |
| 11/29/2023 | $699,900 | Pending | East Tennessee Realtors #1246509 |
| 11/22/2023 | $699,900 | Listed For Sale | East Tennessee Realtors #1246509 |
| 03/03/2003 | $200,000 | Sold | N/A |
Market trends in Lafollette
Last updated June 2026
Avg. sale price
$233K
$25.82KMoM
Sale-to-List Price
—
Price per sq ft
$164
$17MoM
Available listings
144
1MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,070 |
| Assessment | $681,200 |
Home facts updated by county records
Comparable Sales for 706 Bankston Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.55 | Single-Family Home | $975,000 | 05/29/26 | 3 | 3 | 2,872 | |
0.99 | Single-Family Home | $765,000 | 06/10/26 | 3 | 2 | 1,412 | |
0.78 | Single-Family Home | $250,000 | 06/26/26 | 3 | 2 | 2,004 | |
0.72 | Single-Family Home | $1,361,000 | 04/10/26 | 3 | 3.5 | 3,407 | |
0.74 | Single-Family Home | $363,550 | 09/22/25 | 4 | 3 | 1,872 | |
0.72 | Single-Family Home | $420,000 | 12/18/25 | 2 | 2 | 1,147 | |
0.14 | Single-Family Home | $1,445,000 | 08/25/25 | 5 | 5.5 | 3,457 | |
0.91 | Single-Family Home | $466,900 | 08/20/25 | 3 | 2 | 1,445 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 706 Bankston Ln.
What Locals Say about Lafollette
At least 26 Trulia users voted on each feature.
88 % Say car is needed
85 % Say yards are well-kept
80 % Say there's holiday spirit
77 % Say parking is easy
64 % Say neighbors are friendly
63 % Say people would walk alone at night
62 % Say it's dog friendly
62 % Say kids play outside
55 % Say there's wildlife
50 % Say it's quiet
46 % Say they plan to stay for at least 5 years
44 % Say it's walkable to grocery stores
40 % Say streets are well-lit
39 % Say it's walkable to restaurants
31 % Say there are sidewalks
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 706 Bankston Ln
- What is 706 Bankston Ln estimated to be worth?Trulia's estimated value for 706 Bankston Ln in La Follette, TN is $806,600.
- What is the price history for 706 Bankston Ln?706 Bankston Ln in La Follette, TN last sold for $698,500 in December 2023.
- Is La Follette a buyer's or seller's market?La Follette is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in La Follette?The median sale price in La Follette is $233K. That is up $25.82K from the prior month.
- Does 706 Bankston Ln have air conditioning?Yes, 706 Bankston Ln in La Follette, TN has air conditioning.
- How big is the lot at 706 Bankston Ln?The lot at 706 Bankston Ln in La Follette, TN is about 0.35 acres (15,246 sq ft).

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Eric Young - (865) 378-5282.
Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Eric Young - (865) 378-5282.

