762 Old Tellico Hwy Active Save Request In-Person Tour Request Virtual Tour
Madisonville,TN 37354
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,414 sqft
Price per Sqft $530
MLS Listing ID 1257787
Style Traditional
Bedrooms 4
Full Baths 1
Year Built 1958
Lot Size 47.060 Acres
Property Sub-Type Single Family Residence
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.
Location
State TN
County Monroe County - 33
Area 47.06
Interior
Heating None,Electric
Cooling None
Flooring Hardwood,Vinyl
Fireplaces Type None
Exterior
Exterior Feature Porch - Covered, Windows - Wood
Parking Features Off-Street Parking
Garage Description Off-Street Parking
View Mountain View,Country Setting
Building
Lot Description Other,Pond,Wooded
Sewer Septic Tank
Water Private
Structure Type Frame,Other
Schools
Elementary Schools Madisonville Primary
Middle Schools Madisonville Middle
High Schools Sequoyah
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional