See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

116 Bannerman Rd, Tallahassee, FL, 32312

5beds
3baths
2,628sqft
$779,900
$297price/sqft
$5,636/moest. monthly cost
$225,440/yrincome needed

About This Home

You have problems? We have your solutions! Need Designed Living? Check Need A Great Price? Check Need instant Built in Equity? Check Need it Now? Check Need full affordable and convenient living accommodations for mom or dad? Check Need full affordable and convenient living accommodations for your adult kid? Check Need an income producing property? Check Need a separate full office space attached to your main house? Check Now come see for yourself by scheduling your private tour. Today’s buyers are looking for more than just a beautiful home, they’re looking for solutions, convenience, and long-term value. This 2026 Parade of Homes Award-Winning custom home delivers all three with a thoughtfully designed attached private guest home that solves the needs of modern living. Whether you’re caring for aging parents, welcoming adult children home, hosting extended family, accommodating long-term guests, creating a private home office, or providing independent space for a live-in caregiver, this unique design offers the perfect balance of togetherness and privacy. The guest home features its own private entrance, full kitchen, living area, bedroom, bathroom, laundry, and dedicated garage, allowing occupants to enjoy complete independence while remaining connected to the main residence. Recently appraised and now offered at an incredible price of $789,900. This home presents an exceptional opportunity to purchase well below appraised value. The main residence showcases soaring ceilings with decorative beams, a chef’s kitchen with quartz countertops and premium appliances, a custom-crafted owner’s suite, and quality craftsmanship throughout by Word Homes. With rising construction costs and limited inventory of true multi-generational homes, opportunities like this are rare. If you’ve been searching for a home that adapts to your family’s changing needs while offering luxury, flexibility, and outstanding value, you’ve found it. USDA financing eligible property Main House 2028 SF Full Guest House 600 SF

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
11
BikeSomewhat Bikeable

Schools

10/10
9/10
Deerlake Middle SchoolGrades 6-82.7 mi
7/10
Lawton Chiles High SchoolGrades 9-124.1 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse,Ranch,One Story
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Ice Maker,Microwave,Oven,Range,Refrigerator

Bedroom2

  • Dimensions: 12x11

Bedroom3

  • Dimensions: 12x11

Bedroom4

  • Dimensions: 12x11

Bedroom5

  • Dimensions: 16x12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Dimensions: 12x12

Family Room

  • Dimensions: 0x0

Features

  • Tray Ceiling(s),Garden Tub/Roman Tub,High Ceilings,Stall Shower,Vaulted Ceiling(s),Pantry,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Plank,Tile,Vinyl
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s)
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 2,628
  • Total interior livable area: 2,628 sqft

Kitchen

  • Dimensions: 14x17

Living Room

  • Dimensions: 16x18

Master Bedroom

  • Dimensions: 15x13

Property

Details

  • Parcel number: 120732412200040000

Features

  • Stories: 1
  • Patio & porch: Covered,Porch
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 1 Acres
  • Lot size dimensions: 230 x 192 x 230 x 187

Parking

  • Total spaces: 3
  • Parking features: Three Car Garage,Three or more Spaces
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Tornado
Wildfire

FEMA Declared Disasters in Leon County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,943$47,316
Home Insurance *$476$5,712
Property Taxes $953$11,436
Electricity $264$3,173
Total$5,636$67,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,234/yr
40% on housing$169,080/yr
45% on housing$150,293/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.3%
14.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$297This listing

vs Other Active Listings

Avg $/sqft

ZIP 32312$243
Leon County$178

vs Homes Sold Last Month

Median $/sqft

ZIP 32312$226
Leon County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Listed for sale$789,900
2026-08-05Contingent$779,900
2026-08-01Listed for sale$779,900
2026-07-27Listing removed$839,000
2026-07-08Price change$839,000
2026-06-06Listed for sale$839,900
2026-05-31Listing removed$899,900
2026-05-16Listed for sale$899,900
2025-07-07Listing removed$819,900
2024-11-26Price change$819,900
2024-07-22Listed for sale$799,900
2024-05-14Listing removed--
2024-03-13Listed for sale$699,900
2024-03-07Sold$125,000
2024-02-07Contingent$125,000
2024-02-06Listed for sale$125,000

New Construction

AgentLasheriny Word
BrokerageWord & Company Realty

Similar Homes