762 N Old Tellico Hwy
Madisonville, TN 37354 · Monroe County
$750,000
- Beds
- 4
- Baths
- 1
- Sq ft
- 1,414
- Acres
- 47.06
- Built
- 1958
Listing courtesy of Southern Homes · MLS #1257787
Description
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.
Details
Home
- Type
- Residential · Single Family Residence
- Style
- Ranch
- Year built
- 1958
- Living area
- 1,414 sq ft
- Bedrooms
- 4
- Bathrooms
- 1 full
- Basement
- Crawl Space
- Parking
- Off Street
Interior
- Flooring
- Vinyl, Hardwood
- Also
- Internet Available
Exterior
- Construction
- Frame
- Architecture
- Traditional
- Porch & patio
- Porch - Covered
- Other structures
- Storage, Barn(s), Stable(s)
Land
- Lot size
- 47.06 acres
- Lot
- Wooded, Pond on Lot
- Views
- Mountain View, Country Setting
- Deed restrictions
- None
Utilities
- Water
- Private
- Sewer
- Septic
- Heating
- Electric
Listing
- MLS #
- 1257787
- Status
- Active
- On market
- 569 days
- Listed
- Apr 7, 2025
Finances
- Property tax
- County only
- Outside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $530
- 1,414 sq ft
Price history
- Apr 7, 2025
- Listed
- $750,000
Accepted
- Cash
- Conventional
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Location
- County
- Monroe
- ZIP
- 37354
Drive times
- Tellico Lake 20 min
- Athens 30 min
- Lenoir City 45 min
- Cleveland 60 min
- Maryville 60 min
- McGhee Tyson Airport 60 min
- Pellissippi State 60 min
- Turkey Creek 60 min
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Listing courtesy of Southern Homes. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1257787.