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Land for Sale in Lebanon, Tennessee

Preakness Pl, Lebanon, TN 37090

$775,000
12.9 acres
Active sale
ago
Est $5,345/mo

Escape to your own private sanctuary on this prime 12.85 acre estate recently parceled off an old farm on Palmer Rd. nestled in an exclusive, highly sought-after area on the west side of Lebanon. Property borders City of Lebanon. Offering the perfect balance of secluded tranquility and everyday convenience just minutes to Publix and lots of other shopping. This rare property is an animal lover's and nature enthusiast's dream.The gorgeous landscape features over 8 rolling acres of pristine pasture, a tranquil spring-fed pond, and a flowing blue-line creek. Immerse yourself in nature with frequent visits from local wildlife, including deer, fox, turkey, ducks, woodpeckers, turtles, and frogs.Tucked away at the end of Preakness Place with 50 feet of road frontage, the property features double farm gates and secure barbed-wire fencing on two sides. Bring your horses or livestock and design your custom dream home.Agent is owner. Estimated property taxes are $1450/yr. See drone video in MLS linked attachments.

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Location

Street address
Preakness Pl
Zip code
37090
Community
Westchase Partners LLC
Elevation
702 feet
Coordinates
36.2179, -86.3771

Directions

I-40 exit 109 north then right (East) on 70 (Lebanon Rd) right turn on Lexington Dr right on Letcher Ave right on New Market Ave left on Derby Downs right on Preakness Place property is at end of the road.

Property details

Acreage
12.85 acres
Zoning
R-1
Access
Public road
MLS #
REALTRACS 3242208
Posted

Property taxes

Recent
$1,450

Details and features

Listing

Type
Land
Current Use
Residential
Financing
Conventional, USDA
Conditions
Owner Agent
Inclusions
Land Only
Possession
Close of Escrow

Lot

Size Source
Survey
Dimensions
12.85
Terrain
Hilly, Private, Rolling Slope, Wooded
Road Frontage
City Street
Road Surface
Asphalt, Paved
Waterfront
Creek, Pond
Features
Hilly, Private, Rolling Slope, Wooded

Structure

Water
Public
Sewer
None

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
Castle Heights ElementaryElementary
Winfree Bryant Middle SchoolMiddle
Lebanon High SchoolHigh

Listing history

DateEventPriceChangeSource
June 12, 2026New listing$775,000REALTRACS
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This 12.85-acre property is located at Preakness Pl in Lebanon, TN 37090. The land is available for sale, priced at $775,000 — $60,311 per acre.

Checked 1 hour agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of June 12, 2026 9:00 pm 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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