762 N Old Tellico Hwy Madisonville, TN $ 850,000
762 N Old Tellico Hwy
$ 850,000
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762 N Old Tellico Hwy

Madisonville, TN, 37354
$ 850,000
Bedrooms4 Baths1.0 Sq 1,414

Monthly Estimate*

$ 5,091

762 N Old Tellico Hwy, Madisonville, TN 37354 - Image 1
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Single Family Home for sale in Madisonville, TN

for $850,000 with 4 bedrooms and 1 full bath. This 1,414 square foot home was built in 1958 on a lot size of 47.06.

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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Single Family Active

Price

$ 850,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

47.06

Year Built

1958

Town/City

Madisonville

County/Region

Monroe

MLS | Web ID

1257787

Features
General
Sewer Septic Tank
Heating None Electric
Cooling None
Appliances None
Exterior Features Windows - Wood Porch - Covered
HOA Fee 0.0
Architectural Style Traditional
Construction Materials Frame Other
Year Built 1958
View Mountain View Country Setting
Building Design Residential
County Monroe County - 33
Property Type Single Family
HOA N
Attached Garage N
Garage Y/N N
Other Structures Storage Stable(s) Barn(s)
Total Rooms 7
Full Baths 1
Status Active
Directions From I-75 Exit 60 take SR-68 toward Sweetwater. Travel on SR-68 for 13 miles. Turn left onto Tellico Street S. Travel 1.2 miles. Driveway entrance on right just before sharp curve.
High School Sequoyah
City Madisonville
MLS Area Monroe County - 33
Lot Size Units Acres
Lot Size Square Feet 2049933.6
Carport Y/N N
Electric On Property Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Madisonville Middle
Lease Renewal Y/N N
MLS Area Minor Monroe County - 33
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Financing Cash True
New Financing Coventional True
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Interior
Basement Crawl Space
Flooring Hardwood Vinyl
Total Fireplaces 0
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 1
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Exterior
Parking Features Other Off-Street Parking
Lot Features Pond Wooded
Water Source Private
Lot Size Area 47.06
Spa N
Building Area Total 1414.0
Lot Size Acres 47.06
Lot Size Source Survey
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 762
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* Excluded Features
List By
LeAnne Presley

Listing Agent

Award Realty

Broker

Affordability Calculator

$5,091
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,091
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4508125 Elementary School
4508190 Middle School
Sequoyah High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$850,000 Listed Price

Map


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762 N Old Tellico Hwy, Madisonville, TN, 37354 is a Single Family Home for sale at $850,000 with 1,414 sqft and a lot size of 47.06. 762 N Old Tellico Hwy has 4 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 37354 which is in Madisonville, TN