UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,414 sqft
Price per Sqft $530
MLS Listing ID 3192997
Bedrooms 4
Full Baths 1
HOA Y/N No
Year Built 1958
Annual Tax Amount $381
Lot Size 47.060 Acres
Acres 47.06
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TN
County Monroe County
Interior
Interior Features High Speed Internet
Heating None
Cooling None
Flooring Wood, Vinyl
Fireplace N
Appliance None
Exterior
View Y/N true
View Valley
Roof Type Metal
Private Pool false
Building
Lot Description Sloped, Wooded
Story 1
Sewer Septic Tank
Water Well
New Construction false
Schools
Elementary Schools Madisonville Primary
Middle Schools Madisonville Middle School
High Schools Sequoyah High School
Others
Senior Community false
Special Listing Condition Standard
Nearby Locations
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George Scott
Agent | License ID: TN License #: 377474
Agent License ID: TN License #: 377474
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