$850,000
Madisonville, TN 37354
MLS# 1257787
4 beds | 1414 sqft
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Property 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
Maps
Documents
Location, Tax & Legal Info
House #: 762
St Dir: N
Street Name: Old Tellico
St Suffix: Hwy
State/Province: TN
Zip Code: 37354
Property Sub-Type: Residential
Area: Monroe County - 33
City/County Code: County
PIN #: 091 104.00
Elementary School: Madisonville Primary
Middle School: Madisonville Middle
High School: Sequoyah
Total Tax: 442.88
Geo Lat: 35.476821
Geo Lon: -84.362715
Contract Info
Auction Y/N: No
Listing Price: 850000
Current Price: $850,000
Status: Active
Listing Date: 2024-04-01
Cooperation Comp: 2.5
Compensation Type: %
General Property Description
Type: Ranch
Acres: 47.06
Acre Source: Survey
Site Built: Yes
Restrictions: No
SqFt - Total (Aprox): 1414
SqFt - Main Lvl: 1414
# Bedrooms: 4
Baths - Full: 1
# of Rooms: 7
Fireplace: No
Property Status: N/A
HOA: No
Year Built: 1958
Bonus Room: No
Extra Storage: No
Remarks & Misc
Directions: From I-75 Exit 60 take SR-68 toward Sweetwater. Travel on SR-68 for 13 miles. Turn left onto Tellico Street S. Travel 1.2 miles. Driveway entrance on right, just before sharp curve.
Public Remarks: 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.
Status Change Info
Status Change Date: 2024-04-01
Property Features
Atchd/Dtchd Type: Detached
Style: Traditional
Construction: Frame
Siding: Other
Garage/Parking: Off-Street Parking
Basement: Crawl Space
Lot Description: Pond; Wooded; Other
View: Country Setting; Mountain View
Fireplace: None
Floors: Hardwood; Vinyl
Fuel: Electric
Heat: None
Cooling: None
Appliances: None
Sewer: Septic Tank
Water: Private
Misc Features: Internet Available
Exterior Features: Porch - Covered; Windows - Wood
Outbuildings: Barn; Stable; Storage Shed
Showing: See Agent Instructns
New Financing: Cash; Conventional
Septic Repair 2012 
Listing Office: Award Realty
Office Phone: 423-476-3205
Last Updated: April - 02 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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