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Land with Home for Sale in Gallatin, Tennessee

700 Wallace Rd, Gallatin, TN 37066

$424,900
3 acres
Active sale
$5k drop
Est $2,288/mo

Enjoy the perfect blend of country living and modern convenience on this beautiful 3-acre property, ideally located just off Highway 109 and halfway between Gallatin and Portland. Inside, you'll find warm hardwood flooring throughout the main level and a cozy coal-burning fireplace that creates the perfect gathering place on cool Tennessee evenings. Outside, the property is thoughtfully equipped for horse enthusiasts with a turnout area, tack room, and plenty of open space to ride and roam. A peaceful creek winds through the property, adding natural beauty and a tranquil setting. The versatile storage shed offers endless possibilities, with space that could easily be converted into a home office, workshop, hobby room, or studio with the ability to add electricity. Whether you're looking for a hobby farm, room for your horses, or simply a private retreat surrounded by nature, this unique property offers the ideal balance of functionality and serenity. Enjoy the peace of country living without sacrificing convenience, with easy access to Highway 109 and just a short drive to Gallatin, Portland, shopping, dining, and everyday amenities. This one-of-a-kind property is ready to welcome you home! 1% lender credit with use of preferred lender.

2,178
Sq feet
3
Beds
2
Full baths
1986
Built

Location

Street address
700 Wallace Rd
Zip code
37066
Elevation
622 feet
Coordinates
36.4538, -86.4548

Directions

From Nashville, take I-65 N to TN-386 E. Continue as TN-174/Long Hollow Pkwy. Turn left on Dorothy Jordan Ave, right on N Water Ave, left on Dobbins Pike, then left on Wallace Rd. Continue to 700 Wallace Rd, Gallatin, on the right.

Property details

Acreage
3 acres
MLS #
REALTRACS 3304548
Posted

Property taxes

Recent
$1,401

Parcels

  • 092 02202 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Possession
Negotiable

Lot

Size Source
Assessor

Exterior

Parking Spaces
2
Parking
Detached
Fencing
Back Yard
Outdoor Spaces
Deck, Patio, Screened
Structures
Storage
Features
Balcony

Structure

Basement
Crawl Space
Water
Public
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Vinyl Siding

Interior

Flooring
Carpet, Luxury Vinyl, Tile
Fireplace Count
1
Fireplaces
Living Room
Appliances
Dishwasher, Microwave, Oven, Range
Features
Ceiling Fan(s)

Property utilities

CategoryTypeStatus
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

NameType
Benny C. Bills Elementary SchoolElementary
Joe Shafer Middle SchoolMiddle
Gallatin Senior High SchoolHigh

Listing history

DateEventPriceChangeSource
Aug 17, 2026Price drop$424,900$5,000 -1.2%REALTRACS
Aug 14, 2026Price drop$429,900$20,000 -4.4%REALTRACS
July 23, 2026New listing$449,900REALTRACS
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This 3-acre property is located at 700 Wallace Rd in Gallatin, TN 37066. The property is available for sale, priced at $424,900. It has a 2,178 square foot 3-bedroom, 2-bath house built in 1986.

Checked 1 hour agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Sept 13, 2026 11:00 am MT. 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. View more

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