205 Gwynn Rd Unit 8, Lebanon, TN 37090

Property Description

Rare opportunity in Fall Creek Airpark (TN96), one of Middle Tennessee’s most sought-after private aviation communities just 30 minutes east of Nashville. This exclusive 19-owner airpark features a 2,700’ lighted grass runwayand operates as a community ownership (not HOA), offering flexibility. Situated directly on the runway, this 11-acre aviation property offers a mix of cleared and wooded land. Built for pilots, it includes two hangars: a 40’x 50’ main hangar with a 40’ wide door and 14’ tail clearance, plus a 40’x 43’ secondary hangar for additional aircraft, storage, or workspace. The integrated hangar home offers approx. 2,645 sq ft with 4 beds and 4 baths, designed for easy reconfiguration or expansion without major construction. Enjoy runway views from the covered porch and direct access to the strip. Additional features include workshops, office space, upper-level storage, and a 4-car garage setup, providing flexibility for aircraft, vehicles, and equipment. Property also features mature fruit and nut trees (pear, apple, chestnut, almond) and a solar system installed in 2021. A separate 5-bedroom septic site is identified, allowing for a future custom home while retaining the existing structure. Fall Creek inventory is extremely limited, with surrounding updated homes reaching $1.5M - $2M+. With hangar availability scarce across Middle TN, this is a rare chance to secure a true aviation property. Priced under apprised value! Direct runway access. Lighted strip. Aviation lifestyle. Motivated seller.