$850,000
Active
16 Days Online
4 Beds1 Bath1,414 SQFT
Active

762 Old Tellico Highway N Madisonville, TN 37354

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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.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyMonroe
  • Taxes$380
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID Number20241286
  • Home Size Source Public Records
  • Year Built1958
  • Lot Size47.06 Acres
  • Full Baths1
  • Partial BathsN/A

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General Features

  • Style Ranch
  • Construction Other
  • Parking UnpavedDrivewayGravelOff Street
  • Sewer Septic Tank
  • Basement Crawl Space
  • Number of Stories 1
  • Acreage 47.06
  • Water Well
  • Property Sub Type Single Family Residence
  • Attached Garage No
  • Utilities Water AvailableSewer Not AvailablePhone AvailableNatural Gas AvailableCable AvailableElectricity Connected
  • Foundation Block
  • Listing Conditions Standard
  • Property Condition Fixer

Interior Features

  • Cooling None
  • Heating None
  • Appliances None
  • Flooring HardwoodVinyl
  • Interior See Remarks
  • Laundry Features See Remarks
  • Window Features Wood Frames
  • Fireplace No

Exterior Features

  • Roof Metal
  • View Trees/ WoodsRuralPastureMountain(s)
  • Fencing See Remarks
  • Pool Features None
  • Waterfront Property No
  • Exterior Rain Gutters
  • Lot RuralWoodedSlopedPastureGreenbeltCleared
  • Patio And Porch CoveredFront PorchPorch
  • Road Frontage County Road
  • Other Structures Stable(s)Shed(s)Barn(s)Outbuilding

Community Features

  • Community Features None

Schools

School District
Unknown
Elementary School
Madisonville Primary
Middle School
Madisonville
High School
Sequoyah

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Monthly Payment (Est.)

$4,112
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