Debra Rector
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762 Old Tellico Highway N, Madisonville, TN 37354

$750,000
  • 762 Old Tellico Highway N, Madisonville, TN 37354 Main Photo

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Active
BEDS4 BATHS1 full SQUARE FEET1,414 MLS#3192997
STATUSActive PROPERTY TYPEResidential - Single Family

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.

762 Old Tellico Highway N | MLS# 3192997

This single family home located at 762 Old Tellico Highway N, Madisonville, TN 37354 is currently listed for sale with an asking price of $750,000. This property was built in 1958 and has 4 bedrooms and 1 full baths with 1414 sq. ft. Search Madisonville real estate on debrarector.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: None
Heating: None
Home Style: Ranch
Lot Size: 47.06 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $381
Year Built: 1958

Amenities

High Speed Internet

Feature Descriptions

Appliances: None
Days on Site: 14
Flooring: Wood, Vinyl
Lot: Sloped, Wooded
Parcel#: 091 10400 000
Parking: Driveway, Gravel, Unpaved
Parking Notes: Driveway, Gravel, Unpaved
Patio/Porch: Porch, Covered
Sewer: Septic Tank
Topography: Sloped, Wooded
Water: Well

Local Schools

High School: Sequoyah High School
Middle School: Madisonville Middle School
Elementary School: Madisonville Primary

Listed By / Shown By

Listed By

Agency Name: Southern Homes Realty Group
Agency Phone: 4237443515

Shown By

Agent Name: Debra Rector
Agent Phone: (615) 519-3960
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

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Estimated Payment

$ 1,919.67 per month $1,669.17 Principal & Interest $31.75 Property Tax $218.75 Homeowner's Insurance

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