Hangar Home – Lebanon TN

PRICE IMPROVEMENT – Rare Opportunity at Fall Creek Airpark (TN96) For the true aviation enthusiast, this is your chance to own in one of Middle Tennessee’s most exclusive aviation communities. Fall Creek Airpark is a 19-owner private community featuring a 2,700’ x 80’ grass runway with lighting, just outside Nashville’s Class C airspace and minutes from Lebanon, Mt. Juliet, Murfreesboro, and Smyrna. Nothing else like it exists this close to Nashville. The property offers a 40’ x 50’ hangar with a 12’ tall sliding door, a 3-car garage, and a home of just over 2,500 sqft on 7.5 acres. The house features 1 bedroom and 2 baths with open living, fireplace, and upper and lower decks. While it is in good condition, it is dated compared to many of the updated homes in Fall Creek that now command $1.3M–$1.8M. That makes this a rare entry point into the community, with significant equity potential for remodeling or even building new. Ownership here means you are part of the corporation that owns the airpark, not a typical HOA, giving you more flexibility to build, add a shop, or expand while enjoying runway access and community amenities. This is a unique opportunity to get into Fall Creek at a fraction of the price of neighboring properties and create your ideal airpark retreat.