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Active 569 days on market

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
Approximate, by road

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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.