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$650,000

598 Griffith Branch Rd, Madisonville, TN 37354

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Listing provided by: Corien Schutte · United Real Estate Solutions

Source: East Tennessee REALTORS® MLS · MLS# 1358727

East Tennessee REALTORS IDXListing last updated

5
Beds
3 full
Baths
2,560
Sq Ft
2005
Year Built
22.82
Lot (ac)
Single Family
Type

About this home

Assumable 5.24% VA loan or rental options!!! The sellers have gotten creative, and are offering an immediate cash producing property with a rent to own option! Discover a rare opportunity to own 22.8± acres in Madisonville with an established equestrian setup, multiple living spaces, income potential, and beautiful year round Smoky Mountain views. The main home is a well maintained 3 bedroom, 2 bath ranch offering 1,920 square feet of living space, featuring whitewashed pine walls, 9.5 foot ceilings, newer appliances, a metal roof, newer HVAC and water heater, and an expansive 10x40 covered front porch overlooking the mountains. The primary suite includes a trey ceiling, double walk in closets, and a walk in shower, creating a comfortable private retreat. The equestrian facilities are designed for both personal use and potential income, featuring a 38x40 barn with 7 stalls expandable to 10, hot and cold water, electricity at each stall, and stall mats that convey. The property also includes a 280x120 riding arena, multiple paddocks, a wash station, covered storage, a creek across the front of the property, and a fully fenced layout. Attached to the barn is a separate 2 bedroom, 1 bath residence with 640 square feet and its own 40 foot covered porch, providing flexibility for guests, multigenerational living, or rental income. The equestrian facilities also offer the potential for an income producing horse focused Airbnb or individual stall rentals, subject to applicable regulations. Additional improvements include a new 24x8 storage shed, another large outbuilding, and plenty of usable acreage for recreation, animals, or future plans. With established equestrian amenities, multiple residences, mountain views, and potential income opportunities, this property offers a versatile combination of rural lifestyle and investment potential in Monroe County.

Facts & features

Interior
Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Half bathrooms: 0
Heating
  • Heating: Central, Electric
Cooling
  • Cooling: Ceiling Fan(s), Central Cooling
Appliances
  • Included: Range, Microwave, Dishwasher, Refrigerator, Self Cleaning Oven
Features
  • Features: Pantry, Eat-in Kitchen, Walk-In Closet(s)
  • Flooring: Vinyl, Hardwood
  • Windows: Windows - Insulated
  • Basement: Slab
Rooms
  • Total rooms: 5
Interior area
  • Total interior livable area: 2,560 sqft
Property
Parking
  • Parking features: Off-Street Parking
  • Attached garage: No
Lot
  • Size: 22.82 acres · 994,039.2 sqft
  • Features: Creek, Wooded, Private, Irregular Lot, Rolling Slope
Exterior
  • Exterior features: Windows - Vinyl
  • Patio & porch: Deck, Porch - Covered
  • View: Wooded, Mountain View, Country Setting
Details
  • Parcel number: 081 03505 000
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Single Family Residence
  • Structure: Ranch
  • Architectural style: Cabin
Materials
  • Materials: Frame, Metal, Fiber Cement
Condition
  • Year built: 2005
Utilities
Utilities
  • Sewer: Septic Tank
  • Water: Public
  • Security: Smoke Detector
Community & HOA
Community
  • County: Monroe County - 33
  • MLS area: Monroe County - 33
  • Region: Madisonville
Financial & listing details
Financial
  • Price: $650,000
  • Price per square foot: $254/sqft
  • Annual tax: $2,009.72
  • Listing terms: Cash, Conventional
Listing
  • Date on market: Oct 13, 2026
  • Days on market: 0
  • Status: Active
  • MLS #: 1358727

Location

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