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511 Derby Downs

Lebanon, TN 37087

4 beds
5 baths
3,730 sqft
$203 per sqft
2006 build
– on site

Welcome to this stunning 4-bedroom, 4.5-bath residence, impeccably maintained and loved by its owners. Located in the desirable Iroquois neighborhood, this elegant residence offers exceptional craftsmanship and modern luxury, just minutes from Five Oaks Golf Course. With easy access to Hwy 109 and I-40, the 29-mile commute to Downtown Nashville is effortless. Situated on a spacious lot just over half an acre, this all-brick home with stone accents offers timeless curb appeal and exceptional craftsmanship throughout. A new roof in 2024, and new HVAC IN 2018! Step inside to discover rich, finished hardwood floors that flow seamlessly across the entire main level, enhancing the warmth and character of each room. The spacious floor plan features a gourmet kitchen, inviting living areas, and generously sized bedrooms—Jack and Jill bath and the others with its own for added comfort and convenience. The fully finished basement expands the living space, perfect for entertaining, a home gym, media room, or guest suite. Outside, the oversized driveway leads to a spacious 3-car garage, offering ample room for parking and storage. From top to bottom, this home radiates quality and care—ready for its next owner to enjoy and make their own.

Listing courtesy of REALTRACS / simpliHOM

Last checked: Checking… • Last updated Apr 30, 2025 •

MLS# 2821887 —

The Building

Year Built:

2006
Year Built Details:

EXIST
New Construction:

false
Construction Materials:

Brick, Stone
Architectural Style:

Traditional
Roof:

Asphalt
Stories:

3
Levels:

Three Or More
Basement:

Finished
Exterior Features:

Balcony, Smart Lock(s)
Patio And Porch Features:

Deck
Building Area Units:

Square Feet
Building Area Total:

3730
Building Area Source:

Owner
Above Grade Finished Area:

3172
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Owner
Below Grade Finished Area Source:

Owner
Below Grade Finished Area:

558
Below Grade Finished Area Units:

Square Feet

Interior

Interior Features:

Built-in Features, Ceiling Fan(s), Entrance Foyer, Extra Closets, Open Floorplan, Smart Thermostat, Storage, Walk-In Closet(s), Primary Bedroom Main Floor
Flooring:

Carpet, Wood, Tile, Vinyl
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas, Great Room

Room Dimensions

Living Area:

3730
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

From Nashville, I40E, exit Hwy. 109 (Gallatin/Lebanon Exit), R onto Hwy. 70, R onto Lexington Dr. into Richmond Hills Subdivision, R on Letcher, R on New Market, R on Derby Downs, home in cul-de-sac - sign in yard
Latitude:

36.22078636
Longitude:

-86.37291726

The Property

Parcel Number:

057P A 00300 000
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

Cul-De-Sac, Private
Lot Size Acres:

0.55
Lot Size Dimensions:

67.13 X 221.11 IRR
Lot Size Area:

0.55
Lot Size Units:

Acres
Lot Size Source:

Calculated from Plat
View:

false
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

4828

Beds

Bedrooms Total:

4
Main Level Bedrooms:

1

Baths

Total Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

Virtual Tour
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Ceiling Fan(s), Central Air, Electric
Cooling:

true

Utilities

Utilities:

Water Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Oven, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Smart Appliance(s)

Schools

Elementary School:

Castle Heights Elementary
Middle Or Junior School:

Winfree Bryant Middle School
High School:

Lebanon High School

The Community

Subdivision Name:

Iroquois 1
Senior Community:

false
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Total:

4
Parking Features:

Garage Door Opener, Garage Faces Side, Aggregate
Garage:

true
Attached Garage:

false
Garage Spaces:

3
Covered Spaces:

3
Carport:

false
Open Parking Spaces:

1

Monthly cost estimate

Asking price

$760,000

Expense	Monthly cost
Mortgage	$4,069
Taxes	$402
Insurance	$209
Utilities	$188 See report
Total	$4,868/mo.^*
	^*This is an estimate

Explore the Area

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Sale history

Date	Event	Source	Price	% Change
4/26/25 Apr 26, 2025	Listed / Active	REALTRACS	$760,000
4/23/25 Apr 23, 2025	Coming Soon	REALTRACS	$760,000

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This house located in Lebanon, TN 37087 is currently for sale for $760,000. 511 Derby Downs is a 3,730 square foot house with 4 beds and 5 baths that has been on Estately for 16 days. This house is in the attendance area of Castle Heights Elementary School, Winfree Bryant Middle School, and Lebanon High School.

Listing Courtesy of: REALTRACS and simpliHOM.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID. 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.