489 Hickory Grove Rd
Madisonville, TN, 37354 $ 1,950,000
Bedrooms5 Baths5.1 Sq 4,517 Monthly Estimate*
$ 13,468
for $1,950,000 with 5 bedrooms and 5 full baths, 1 half bath. This 4,517 square foot home was built in 2015 on a lot size of 271.28.
Situated in the peaceful countryside of Madisonville in scenic Monroe County, this versatile East Tennessee property offers an outstanding combination of privacy, comfort, recreation, and usable acreage. Available in two options consisting of the home with 57.1± acres or the home with 271.28± acres, this property is well-suited for buyers seeking a private residence, recreational retreat, family compound, or long-term investment opportunity. The centerpiece of the property is a spacious custom home offering approximately 4,517± square feet with 5 bedrooms and 5.5 bathrooms. Originally built in 1989 as a 3-bedroom, 2-bath home, the residence underwent a substantial expansion and renovation in 2015, resulting in a thoughtfully updated layout that blends rustic character with modern convenience. Pine wood walls throughout the home create a warm and inviting atmosphere, while the recently remodeled kitchen features stainless steel appliances, a gas-burning stove, and generous cabinet and counter space. Designed for comfortable everyday living, the home includes walk-in showers, walk-in closets, and a separate laundry room with a utility sink. A Generac generator, fiber internet service, and a recently rebuilt well with a new tank and pump provide reliability and convenience. The attached three-car garage includes a radiant floor heating system supplied by a wood stove located behind the residence, creating an efficient supplemental heat source during cooler months. In addition to the main residence, the property includes multiple additional living spaces that provide flexibility for guests, extended family, caretakers, or potential rental opportunities. A large multi-use barn includes a comfortable 2-bedroom, 1-bath apartment, meeting area, attached garage, and additional storage and utility space. Another detached garage building includes a 1-bedroom, 1-bath apartment featuring tongue-and-groove walls, hardwood flooring, and high UV-rated automatic garage doors. The acreage offers an attractive blend of mature timber, open clearings, rolling terrain, and established trail systems throughout the property. Extensive side-by-side trails create easy access across the land for riding, hiking, recreation, and property maintenance. Open areas provide space for gardening, recreation, equipment storage, or hobby farm use, while the mature wooded sections create excellent wildlife habitat and scenic natural surroundings. Additional improvements include four hen houses, adjoining carports for equipment storage, and an enclosed metal hay storage building located within a small pasture area. Portions of the property are fenced with durable post-and-rail fencing and reinforced cross-bracing. A gated entrance enhances both privacy and security while creating an attractive approach to the property. Whether you are searching for a private Tennessee homestead, recreational getaway, hunting property, multi-generational living setup, or a property with future income potential, this Monroe County tract offers the flexibility and infrastructure to support a wide variety of uses. Owner financing is available, and all utilities are already in place, including fiber internet access. Conveniently located near the foothills of the Smoky Mountains, this property provides the benefit of rural seclusion while remaining within reasonable driving distance of nearby towns and outdoor destinations throughout East Tennessee.
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FeaturesGeneralSewer Septic Tank
Heating Central Propane Electric
Cooling Wall Cooling Central Cooling Ceiling Fan(s)
Appliances Gas Cooktop Dishwasher Dryer Microwave Range Refrigerator Self Cleaning Oven Washer
Garage Spaces 3
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Vinyl Siding Frame
Year Built 2015
View Country Setting Wooded
Property Subtype Single Family Residence
County Monroe County - 33
Property Type Single Family
Attached Garage true
Other Structures Barn(s) Guest House
Total Rooms 19
Full Baths 5
Status Active
Directions GPS 489 Hickory Grove Road
City Madisonville
MLS Area Monroe County - 33
Lot Size Units Acres
Lot Size Square Feet 11816956.8
Property Attached Y/N false
MLS Area Minor Monroe County - 33
Structure Type 3 Story
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing Exchange true
New Financing New Loan true
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InteriorInterior Amenities Walk-In Closet(s)
Basement Crawl Space
Flooring Hardwood Radiant Floors Tile
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Insulated
Fireplace Y/N true
Half Baths 1
Total Bedrooms 5
Total Baths 6
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ExteriorExterior Amenities Balcony
Parking Features Attached
Lot Features Creek Private Wooded Level Rolling Slope
Water Source Well
Lot Size Area 271.28
Building Area Total 4517
Lot Size Acres 271.28
Lot Size Source Other
Other Equipment Backup Generator
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* Excluded FeaturesList ByWhitetail Properties Real Estate, LlcBroker
wes.evans@whitetailproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,468
- Monthly Property Taxes
- $270
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Madisonville, TN
Average List Price $461,752
Percent of Sale Price 76%
About Madisonville, TN 4,958 Population
25% Since 2002
$ 33,163 Median Income
39.61 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/21/2026 | $1,950,000 | 5.41% | Price Up |
| 5/21/2026 | $1,850,000 | | Listed Price |