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3506 Burgess Falls Rd, Cookeville, TN, 38506

5beds
6baths
6,068sqft
$1,199,000
$198price/sqft
$7,621/moest. monthly cost
$304,840/yrincome needed

About This Home

This is a rare opportunity to purchase a home with over 6000 sq ft, a resort style backyard and pool with 6 acres of privacy and only minutes from Cookeville, I-40 and Center Hill Lake. This stunning home was built in 2023 and has a backyard that you must see to believe! The outdoor kitchen overlooks an amazing pool with large rocks providing a waterfall into the pool. Immaculate landscaping and lighting provide your constant vacation spot right at home. The home is perfect for large families, teens or a mother-law with kitchens and laundry rooms, as well as on demand water heaters on both levels. The basement has a full mother-in-law living quarters. The home has 400 amp service with 200 amp service outside for any additional projects or upgrades. Schedule your viewing in time to enjoy this backyard by spring!

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

7/10
8/10
Cookeville High SchoolGrades PK,9-127.7 mi

Construction

Condition

  • Year built: 2023

Materials

  • Roof: Metal
  • Construction materials: Metal Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Disposal,Gas Range,Microwave,Range Hood,Gas Water Heater
  • Laundry features: Main Level,Lower Level

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Finished

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • Partial bathrooms: 1
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Number of fireplaces: 2
  • Fireplace features: Two
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,068
  • Total interior livable area: 6,068 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 005.10
  • Zoning: R1

Features

  • Levels: Two
  • Pool features: In Ground
  • Patio & porch: Porch,Covered,Patio
  • Exterior features: Decorative Lighting

Lot

  • Lot size: 6 Acres
  • Features: Wooded,Trees
  • Lot size dimensions: 6 acres

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage
  • Has garage: Yes
  • 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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Strong Wind
Tornado
Winter Weather
Earthquake
Hail
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter 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 $6,062$72,744
Home Insurance $587$7,044
Property Taxes $479$5,748
Electricity $493$5,916
Total$7,621$91,452

Income You'd Need if You Spent...

35% on housing$261,291/yr
40% on housing$228,630/yr
45% on housing$203,226/yr

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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 38506$183
Putnam County$167

vs Homes Sold Last Month

Median $/sqft

ZIP 38506$196
Putnam County$193

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
2026-04-27Price change$1,359,000
2026-01-26Listed for sale$1,399,000

For Sale by Agent

AgentMarty Maynord
BrokerageThe Realty Firm

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