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493 Bankwood LaneLafollette, TN 37766Sale Price: $2,050,000

  • Sale Price: $2,050,000
  • 148 Days Since Sale
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Federal 30-year interest rate: 6.58% last updated on Jul 23, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,050,000Sale Price
  • 6Bedrooms
  • 6.5Bathrooms
  • 4,516Square Feet
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 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.

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Listed by Cameron McGhee of Alco Builders & Realty Co

Listing Sold by Wallace

Based on information submitted to East Tennessee Realtors as of July 27, 2026 7:25 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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