Veterans United Realty
22 Photos

762 N Old Tellico Hwy, Madisonville, TN 37354

$850,000 Asking Price

4 beds
1 bath
1,414  sqft
Built in 1958

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.

Listing Status:
Active
Date Added:
April 1, 2024 — 45 days ago
Listing Office:
Award Realty
Office Phone:
423-476-3205
MLS ID:
1257787

Features & Amenities

Interior

Appliances:
None
Basement:
Crawl Space
Flooring:
Hardwood, Vinyl
A/C:
false, None
Heating:
false, None, Electric
Fireplace:
Fireplaces: 0

Exterior

General:
Windows - Wood, Porch - Covered, Storage, Stable(s), Barn(s)
Style:
Traditional
Parking:
Other, Off-Street Parking

Construction

General:
Frame, Other

Location

HOA Amenities:
0.0
Originating MLS:
East Tennessee REALTORS® MLS
County:
Monroe County - 33

Lot

Zoning:
091 104.00
View:
Mountain View, Country Setting

Utilities

Water:
Private
Sewer:
Septic Tank

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Award Realty

About Madisonville, TN

Housing

Number of Units
7,760
Median Home Value
$153,226
Median Rent
$548

23.79% of housing units are renter occupied.

9.49% are vacant.

Commute

Car
95.30%
Public Transportation
0.10%
Walk to Work
0.00%
Work from Home
3.91%
Other
0.50%

The median travel time to work is 26 minutes.

People

Population
17,359
Median Age
42.90
Median Household Size
2.61

Education

High School
38.81%
Associate’s Degree
7.64%
Bachelor’s Degree
9.43%
Graduate Degree
3.72%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

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Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: May 15, 2024 6:13 pm.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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