534 Derby Downs

Lebanon, TN 37087

$749,900
Price
3
Beds
3,250 Sq. Ft.
$231 / Sq. Ft.
3,250
Sq. Ft.
$231
per Sq. Ft.
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Description

No hoa! Stunning property sitting on nearly 1 acre of usable open space in the sought-after Iroquois neighborhood in Lebanon. Built by a well-known builder and thoughtfully designed with high-end finishes throughout, this 3-bedroom, 2.5-bath home features a spacious bonus room over the 3-car garage—perfect for a media room, playroom, gym, or guest space. Inside, you’ll find an open-concept layout with extensive hardwoods, crown molding, tray ceilings, and custom trim details. A dedicated home office...No hoa! Stunning property sitting on nearly 1 acre of usable open space in the sought-after Iroquois neighborhood in Lebanon. Built by a well-known builder and thoughtfully designed with high-end finishes throughout, this 3-bedroom, 2.5-bath home features a spacious bonus room over the 3-car garage—perfect for a media room, playroom, gym, or guest space. Inside, you’ll find an open-concept layout with extensive hardwoods, crown molding, tray ceilings, and custom trim details. A dedicated home office with French doors offers a quiet workspace, while the formal dining room showcases wainscoting and transom-topped windows. The great room anchors the home with a gas fireplace and seamlessly flows into the kitchen and breakfast area. The kitchen is built for everyday living and entertaining, featuring custom cabinetry, upgraded tile backsplash, recessed lighting, and under-cabinet lighting, plus generous prep and storage space. The breakfast nook includes hardwood flooring and a decorative tray ceiling. The owner’s retreat offers a true private escape with a spa-style bath including dual vanities, a jetted corner tub, a separate expanded tiled shower with built-in seating, and a large walk-in closet. Two additional main-level bedrooms are positioned in a split-bedroom layout for privacy and flexibility. Step outside to what truly sets this home apart: one of the largest lots in the neighborhood—nearly an acre—level, usable, and ideal for outdoor living, play, or future enhancements. A rare combination of space, privacy, and convenience in one of the area’s most desirable communities.
  1. Listed by Kay S. Self • Crye-Leike, Inc., REALTORS

Property Details for 534 Derby Downs

Architectural Style
Traditional
Subdivision Name
Iroquois 2A
Waterfront
No
LISTING UPDATED: 02/02/2026 11:15 AM

Property Details for 534 Derby Downs

StatusActive
MLS #3072817
Days on Market31
Taxes$3,206 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2001
Lot Size0.99 AC / 43,124 SF
CountyWilson County

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS, Kay S. Self (615.419.2670)
Add your commute

Building Information for 534 Derby Downs

Stories1Year Built2001Building Size-Lot Size0.99 AC / 43,124 SF

Payment Calculator

$3,922 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,655

Property Taxes

$267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 534 Derby Downs

Summary
Location and General Information
  • Directions: Lebanon/109/Gallatin exit North---Right on Lebanon Road---Right into Richmond Hills subdivision entrance---Travel through past 4 way stop sign---Right on Letcher---Right on New Market---Left on Derby Downs to 520 on the Right.
  • Elementary School: Castle Heights Elementary
  • High School: Lebanon High School
  • Levels: Two
  • Living Area Source: Other
  • Living Area Units: Square Feet
  • Middle Or Junior School: Winfree Bryant Middle School
  • Mlg Can View: Yes
  • Topography: Level
Parking
  • Total Non Garage Parking Spaces: 6.0
  • Garage Spaces: 3.00
  • Parking Features: Attached, Aggregate
  • Parking Total: 9.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Other
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Other
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Other
  • Building Area Units: Square Feet
  • Flooring: Carpet, Wood, Tile
Lot Information
  • Lot Features: Level
  • Lot Size Source: Calculated from Plat
  • Lot Size Units: Acres
  • Parcel Number: 057P B 00100 000
  • Lot Size Area: 0.99
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 6
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Basement: Crawl Space
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Oven, Dishwasher, Microwave, Stainless Steel Appliance(s)
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Interior Features: Built-in Features, Ceiling Fan(s), Entrance Foyer, Extra Closets, Open Floorplan, Pantry, Walk-In Closet(s)
Bedroom Information
  • Main Level Beds: 3
Exterior Features
  • Attached Garage: Yes
  • Covered Spaces: 3.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Patio And Porch Features: Deck, Covered, Porch
  • Pool Private: No
  • View YN: No
Room Information
Room 1
  • Room Dimensions: 16x15
  • Room Features: Suite
  • Room Type: Bedroom 1
Room 2
  • Room Dimensions: 14x12
  • Room Features: Extra Large Closet
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 13x11
  • Room Features: Walk-In Closet(s)
  • Room Type: Bedroom 3
Room 4
  • Room Features: Primary Bedroom
  • Room Type: Master Bathroom
Room 5
  • Room Dimensions: 30x22
  • Room Features: Other
  • Room Type: Recreation Room
Room 6
  • Room Dimensions: 13x12
  • Room Features: Formal
  • Room Type: Dining Room
Room 7
  • Room Dimensions: 24x13
  • Room Type: Kitchen
Room 8
  • Room Dimensions: 21x17
  • Room Features: Great Room
  • Room Type: Living Room
Room 9
  • Room Dimensions: 13x12
  • Room Features: Office
  • Room Type: Other Room
Room 10
  • Room Dimensions: 8x6
  • Room Features: Utility Room
  • Room Type: Other Room 2

Property History for 534 Derby Downs

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Listed (Active)

REALTRACS #3072817

$749,900—
May 8, 2020

Closed (Public Record)

Public Record #671037992

$410,000—
May 8, 2020

Closed

REALTRACS #2136222

$410,000—
Apr 1, 2020

Contract - Not Showing

REALTRACS #2136222

—
Mar 30, 2020

Listed (Active)

REALTRACS #2136222

$429,900—
DateEvent & SourcePrice
01/06/2026

Listed (Active)

REALTRACS #3072817

$749,900
05/08/2020

Closed (Public Record)

Public Record #671037992

$410,000
05/08/2020

Closed

REALTRACS #2136222

$410,000
04/01/2020

Contract - Not Showing

REALTRACS #2136222

—
03/30/2020

Listed (Active)

REALTRACS #2136222

$429,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 534 Derby Downs

Taxable ValueLand$23,750Additions$87,125Total$110,875
Tax Record2024$3,206 ($267 / month)
Home Facts
Beds0Total Finished SqFt3,080 SqFtAbove Grade Finished SqFt3,080 SqFtStories2Lot Size28,556 SqFtStyleSingle Family ResidenceYear Built2001CountyWILSONAPN057P B 00100

Schools near 534 Derby Downs

This home is within Lebanon School District.
Rating
School
Type
Grades
Distance
Castle Heights Elementary School
Public - PK to 5
Winfree Bryant Middle School
Public - 6 to 8
Lebanon High School
Public - 9 to 12
Barry Tatum Academy
Public - 6 to 12
Rating
School
Distance
Castle Heights Elementary School
PublicPK to 5

Winfree Bryant Middle School
Public6 to 8

Lebanon High School
Public9 to 12

Barry Tatum Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 534 Derby Downs, Lebanon, TN 37087

534 Derby Downs is a single family home for sale in Lebanon, TN 37087. This property was listed for sale on January 6, 2026 by Crye-Leike, Inc., REALTORS, it's currently listed at $749,900. It has been on the market for a total of 31 days and was last sold on May 8, 2020. This listing's school districts are Lebanon School District, Wilson County School District. Nearby schools include Castle Heights Elementary School, Winfree Bryant Middle School and Lebanon High School. 534 Derby Downs is a 3-bed, 3-bath, 3,250 sqft single family home built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike, Inc., REALTORS, Kay S. Self (615.419.2670)

Based on information submitted to the MLS GRID as of 02/02/2026 11:15 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.