Watermill Homes under $700,000

Welcome to Watermill, a picturesque subdivision nestled in the heart of Lebanon, Tennessee, within the charming Wilson County. This vibrant community is perfect for those seeking a blend of suburban tranquility and modern conveniences. With its tree-lined streets, friendly neighbors, and a strong sense of community, Watermill offers an inviting atmosphere that feels like home from the moment you arrive.

One of the standout features of Watermill is its diverse range of homes, all priced under $700,000. This makes it an ideal choice for first-time buyers, growing families, and anyone looking to invest in a thriving neighborhood without breaking the bank. The homes in Watermill boast contemporary designs, spacious layouts, and beautiful finishes, ensuring that there’s something to fit every taste and lifestyle.

Residents of Watermill enjoy easy access to Lebanon's local amenities, including shopping centers, parks, and recreational facilities. The community is also conveniently located near major highways, making commutes to Nashville and surrounding areas a breeze. Families will appreciate the highly-rated schools in the district, providing quality education and a nurturing environment for children.

In Watermill, you’ll find not just a house, but a place to create lasting memories. Whether you’re sipping coffee on your porch, enjoying a stroll through the neighborhood, or engaging in community events, this subdivision offers a lifestyle that truly embodies the spirit of Tennessee living. Come discover your dream home in Watermill, where comfort meets community!

Newest Watermill Homes under $700,000

$649,900

4 Beds ⋅ 4 Baths ⋅ 3611803 MLS ⋅ ACTIVE Status ⋅ 37087 Zip Code

$21,500 in incentives.Beautiful all-brick new construction located on a quiet cul-de-sac in the desirable Watermill community. This 4-bedroom, 3.5-bath home offers 2,511 sq ft of thoughtfully designed living space with a flexible floorplan ideal for everyday living and entertaining. The main-level primary suite provides privacy and convenience, while the open-concept living area features a cozy family room fireplace and durable laminate plank flooring. The kitchen showcases elegant white cabinetry with a contrasting slate island, granite countertops, stainless steel appliances, and stylish backsplash. Upstairs includes three spacious bedrooms, two full baths, and a large bonus/rec room. Additional highlights include crown molding, entry foyer, modern lighting, side-entry 2-car garage, and crawl space foundation. Convenient location with easy access to I-40, shopping, dining, and schools. Estimated 2026 completion.

509 Claire Court, Lebanon

$667,900

4 Beds ⋅ 3 Baths ⋅ 3611751 MLS ⋅ ACTIVE Status ⋅ 37087 Zip Code

$21,500 in incentives ! Discover the Lillian floor plan at 192 Watermill Ln, Lot 37 in Lebanon’s sought-after Watermill community. This all-brick 4BR/3BA home offers 2,608 sq ft of thoughtfully designed space. The main level features two bedrooms, including a spacious primary suite with a spa-like bath, open-concept living/dining with a stone fireplace, and a chef’s kitchen boasting quartz countertops, upgraded cabinetry, double ovens, and a cooktop. Wide-plank flooring, custom lighting, and tile accents create a refined feel throughout. Upstairs, find two additional bedrooms, a full bath, and a versatile rec room. A 2-car side-entry garage, walk-in closets, and a deck for outdoor enjoyment add convenience and charm. Enjoy community amenities like a pool with easy access to schools, shopping, and I-40. The Lillian blends comfort, elegance, and function.

192 Watermill Ln, Lebanon

$696,867

4 Beds ⋅ 3 Baths ⋅ 3530744 MLS ⋅ ACTIVE Status ⋅ 0.38 Acres ⋅ 37087 Zip Code

$6,500 in incentives! Discover the stunning Silas floor plan at 315 Goodwin Lane, Lot 104, in Lebanon’s highly desirable Watermill community. This all-brick home offers 4 bedrooms, 3 bathrooms, and 2,711 sq ft of thoughtfully designed living space. The main level features two bedrooms, including a spacious primary suite with a spa-like bath, along with an open-concept living and dining area centered around a cozy fireplace. The chef’s kitchen is loaded with upgrades, including quartz countertops, upgraded cabinetry, double ovens, and a cooktop, while wide-plank flooring, custom lighting, and stylish tile accents add warmth and sophistication throughout. Upstairs, you’ll find two additional bedrooms, a full bath, and a versatile rec room perfect for entertaining or relaxing. A 3-car side-entry garage, walk-in closets, and a deck for outdoor enjoyment complete the home. Residents of Watermill also enjoy community amenities like a pool and convenient access to schools, shopping, and I-40.

315 Goodwin Ln, Lebanon

$691,806

4 Beds ⋅ 4 Baths ⋅ 3530746 MLS ⋅ ACTIVE Status ⋅ 0.47 Acres ⋅ 37087 Zip Code

$6,500 in incentives! Discover the stunning Aspen floor plan at 325 Goodwin Lane, Lot 99, in Lebanon’s highly desirable Watermill community. This all-brick home offers 4 bedrooms, 3.5 bathrooms, and 2,731 sq ft of thoughtfully designed living space with 3-car side load garage.The main level features two bedrooms, including a spacious primary suite with a spa-like bath, along with an open-concept living and dining area centered around a cozy fireplace. The chef’s kitchen is loaded with upgrades, including quartz countertops, upgraded cabinetry, double ovens, and a cooktop, while wide-plank flooring, custom lighting, and stylish tile accents add warmth and sophistication throughout. Upstairs, you’ll find additional bedrooms, a full bath, and a versatile rec room perfect for entertaining or relaxing. A 3-car garage, walk-in closets, and a deck for outdoor enjoyment complete the home. Residents of Watermill also enjoy community amenities like a pool and convenient access to schools, shopping, and I-40.

325 Goodwin Ln, Lebanon

$660,782

4 Beds ⋅ 4 Baths ⋅ 3530743 MLS ⋅ ACTIVE Status ⋅ 0.51 Acres ⋅ 37087 Zip Code

6,500 in incentives! Discover the Cooper floor plan at 323 Goodwin Ln, Lot 100 in Lebanon’s desirable Watermill community. This all-brick 4BR/3.5BA home offers 2,511 sq ft of thoughtfully designed living space. The main level features a primary suite with a spa-inspired bath, open-concept living/dining anchored by a stone fireplace, and a chef’s kitchen with quartz countertops, upgraded cabinetry, and stainless steel appliances. Wide-plank flooring, designer lighting, and custom tile accents elevate every room. Upstairs, find three spacious bedrooms, two full baths, and a versatile rec room. A 2-car side-entry garage, walk-in closets, and abundant storage add convenience. Community amenities include a pool with quick access to schools, shopping, and I-40. Built for style and functionality, the Cooper blends comfort and elegance—contact us for details on our preferred lender and exclusive seller incentives.

323 Goodwin Ln, Lebanon

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.