Hendersonville Lakefront Real Estate
See today's Hendersonville lake homes for sale & Hendersonville real estate listings below. Hendersonville is one of the four major communities located on Old Hickory Lake, and as a result has some of the most spectacular water front homes. In fact, it is known as Nashville's "north shore." For more information about Hendersonville waterfront properties for sale or to schedule a private home showing, your Hendersonville real estate experts today! Read more about Hendersonville lakefront real estate.
Hendersonville Lakefront Real Estate Market
Hendersonville in Tennessee is completely different from the Hendersonville in South Carolina because it is located on Old Hickory Lake, which has become famous for the residents with lakefront homes like Johnny Cash. He lived here for most of his adult life and helped draw other country music stars like Roy Orbison and Conway Twitty to the area. Unfortunately the Cash home burned down during restoration after being bought by Barry Gibb of the Bee Gees.
Years ago, the Cumberland River flowed through this area of Hendersonville and Gallatin, with the majority of land being farm land and plantations. This was a community on the outskirts of Nashville and not yet really popular with commuters.
Since the '70's, Hendersonville has managed to grow and the addition of the Vietnam Veterans Express has opened up the area to be seen as a reasonable commute from downtown Nashville. With a drive time of around 25-35 minutes, the area has become a popular satellite community for the people who want to work in Nashville yet live close to the lake.
Recently, the Hendersonville area has had a growth spurt and the Streets of Indian Lake shopping has added a variety of stores, restuarants and mixed use facilities that have added even more to the appeal of the area. There is even talk to a Costco coming to the area which will provide direct competition for the existing Sams Club store in Rivergate just 5 minutes away.
Hendersonville's "sister" lakefront community is really becoming an extension of Hendersonville itself. Gallatin is actually the county seat and a much older community. In fact, there is an historic square in Gallatin that has been undergoing a lot of building renovations and attracting a new class of tenants.
The Fairview Plantation golf course development is actually the only golf course community that can be found on the lake and has proven to be a major attraction for new residents who want to live and golf on the lake but also commute to Nashville.
Creation of Old Hickory Lake
In the mid 1960's the Army Corp of Engineers created a dam in the Cumberland River and in doing so created the Old Hickory dam.
In the process of creating the lake all of a sudden what had been just farm land became valuable lake front real estate in places like Hendersonville and Gallatin.
The Army actually controls all the land around the lake in order to be able to control the level of the lake to maintain the water levels and the dam itself. The Corp grants the home owners the right to install and maintain a dock on the corp. property.
The Value of a Boat Dock
As long as the dock owner follows the rules and regulations the corp will continue to issue the owners a dock permit. However, if the home owners don't follow the guidelines and flout the rules, they will lose their dock permit.
The permits are not issued very often. The corp meets every 5 years to consider the applications and new issues are few and far between.
The addition of a dock to a lakefront home realistically adds about $150,000 to $200,000 to the value of the home.
New homes in Fairvue Planation in Gallatin and the Foxlands, in Hendersonville, golf communities on the lake don't have dock permits yet for the lake front lots and homes that currently exist. It is every one's hope that the corp will either issue a community dock permit, as that has been the expectation since the lakefront golf course community was built, but as of October 2007 the decision has not been made.
Hendersonville made its Hollywood debut when it was shown that Johnny Cash bought a lake home in Hendersonville in the late 60's and lived there until his recent death. The film "Walk the Line" showed Johnny working on cleaning up his lakefront lot and actually getting stuck in the water and almost killing himself in the process.
The actual home was not used for the movie as the access for the film crew was deemed to be too difficult. Unfortunately, not long after the film was released, the real lake home in Hendersonville burnt down. Barry Gibb of the Bee Gees had bought the Cash home for around $2m and was in the process of renovating it when it caught on fire and burned down.
Hopefully Barry will rebuild the Cash lake home and perhaps retain some of the old structure. The boat dock was probably not affected by the fire, but that is uncertain at the moment.
Hendersonville Lakefront Real Estate Agents
Planning to buy a lake community home in Hendersonville? Let our real estate team guide you through the sale of your current lakefront property or the purchase of your next Hendersonville lake home. As local RE/MAX agents, we have up-to-date information on the unique dynamics of the waterfront community market in Hendersonville. We're ready to negotiate for you today!
The Ashton Real Estate Group of RE/MAX Advantage to learn more about representation for buyers and sellers. Preparing to sell your Hendersonville lake property? View our comparative market analysis page to receive a free Hendersonville property value analysis within moments.
Search Lakefront Homes For Sale in Hendersonville TN
Back to Hendersonville Real Estate