762 N Old Tellico Hwy,  Madisonville  (37354)

$850,000

4 bedrooms 4   1 bathrooms 1   1414 square feet 1,414
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PROPERTY DETAILS

Address: view address
Madisonville, TN 37354
Map Location
Features: Storage
Bedrooms:4Bathrooms:1 (full: 1)
Square Feet:1,414 sq.ft.Lot Size:47.06 acres
Year Built:1958Styles:Traditional
Property Type:ResidentialCounty:Monroe County - 33
List Date:2024-04-02Listing Number:1257787
Listed By:Award Realty

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.

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Interior

Electric Heat:YesHardwood Floors:Yes
Interior Storage:YesNo Heat:Yes
Vinyl Flooring:Yes

Exterior

Covered Porch:YesFrame Exterior:Yes
Off Street Parking:YesStyle:Traditional

Property and Lot Details

Has View:YesHigh School:Sequoyah
Lot Acres:47.06Lot Has Barn:Yes
Lot Has Barn Or Stable:YesLot Has Mountain View:Yes
Lot Has Pond:YesLot Sqft:2,049,933.60
Middle School:Madisonville MiddleStorage Building(S):Yes
Taxes:0.00Transaction Type:Sale
Wooded Lot:YesYear Built:1958

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: LeAnne Presley of Award Realty