ListMyHomes.comLISTSELLBUYRENT
Back to search
$750,000
762 N Old Tellico Hwy, Madisonville, TN 37354
Active455 days on market

Listing provided by: LeAnne Presley · Southern Homes

Source: East Tennessee REALTORS® MLS · MLS# 1257787

East Tennessee REALTORS IDXListing last updated

4
Beds
1 full
Baths
1,414
Sq Ft
1958
Year Built
47.06
Lot (ac)
Single Family
Type

About this home

Nestled in the heart of picturesque landscapes, this expansive 47.06-acre farm presents a unique blend of tranquility, functionality, and potential, ready to accommodate a variety of aspirations and lifestyles. Unrestricted land, the property serves a dual narrative of serene living and abundant opportunity. The cleared pastures, fenced and cross-fenced, are perfect for equestrian lovers or those with a passion for agriculture, ensuring a seamless blend of work, play, and relaxation. The farm's two ponds add a picturesque element, while enhancing the functionality for irrigation or livestock. Wooded areas provide a natural wonder, offering peace and privacy, as well as opportunities for outdoor recreation right in your backyard. The presence of a large barn with 4 sheds, 8 stables, a crib, and a loft with stairs will support a variety of agricultural or equestrian activities. Two smaller buildings offer additional storage. The property's inclusion in the Greenbelt program not only affirms its agricultural value but also offers financial incentives through property tax savings. With a 90' well and septic tank in place, the foundation is set for sustainable living or further development. DEVELOPERS: This is a fantastic opportunity with nearly 2000' of road frontage! City water and natural gas provided by the City of Madisonville is located all along the road, and positions this land as an excellent candidate for future projects. Additional adjoining acreage (15.3) available for purchase takes this property all the way to and across New Highway 68, providing opportunity for a mixture of residential and commercial development. Conveniently located to Madisonville, and Interstate 75, approximately 1 hour from Knoxville and Chattanooga and 2.5 hours from Atlanta and Nashville. Nearby mountains, rivers and lakes provide endless activities and adventure year-round. Farm Sold AS IS. House given little value.

Facts & features

Interior
Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Half bathrooms: 0
Heating
  • Heating: Electric
Features
  • Flooring: Hardwood, Vinyl
  • Windows: Windows - Wood
  • Basement: Crawl Space
Rooms
  • Total rooms: 7
Interior area
  • Total interior livable area: 1,414 sqft
Property
Parking
  • Parking features: Off-Street Parking
  • Attached garage: No
Lot
  • Size: 47.06 acres · 2,049,933.6 sqft
  • Features: Other, Pond, Wooded
Exterior
  • Patio & porch: Porch - Covered
  • View: Mountain View, Country Setting
Details
  • Parcel number: 091 104.00
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Single Family Residence
  • Structure: Ranch
  • Architectural style: Traditional
Materials
  • Materials: Frame, Other
Condition
  • Year built: 1958
Utilities
Utilities
  • Sewer: Septic Tank
  • Water: Private
Community & HOA
Community
  • County: Monroe County - 33
  • MLS area: Monroe County - 33
  • Region: Madisonville
HOA
  • Has HOA: No
  • HOA fee: $0
Financial & listing details
Financial
  • Price: $750,000
  • Price per square foot: $530/sqft
  • Annual tax: $442.88
  • Listing terms: Cash, Conventional
Listing
  • Date on market: Apr 7, 2025
  • Days on market: 455
  • Status: Active
  • MLS #: 1257787

Schools

Tap a school to view its rating, reviews & attendance boundary on GreatSchools.

Middle / JuniorMadisonville Middle

Location

ListMyHomes.com is a neutral facilitator — we don't represent buyers or sellers or show homes ourselves. We connect you with a licensed local agent to tour or make an offer. You pay us nothing to be connected; if a transaction results, ListMyHomes.com may receive a referral fee from the agent's brokerage — never from you.

Homes like this