762 Old Tellico Hwy Madisonville, TN 37354
UPDATED:
08/23/2024 05:59 AM
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 1,414 sqft
Price per Sqft $601
MLS Listing ID 1257787
Style Traditional
Bedrooms 4
Full Baths 1
Originating Board East Tennessee REALTORS® MLS
Year Built 1958
Lot Size 47.060 Acres
Acres 47.06
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 - 33
Area 47.06
Rooms
Basement Crawl Space
Interior
Heating None, Electric
Cooling None
Flooring Hardwood, Vinyl
Fireplaces Type None
Appliance None
Heat Source None, Electric
Exterior
Exterior Feature Windows - Wood, Porch - Covered
Garage Other, Off-Street Parking
Garage Description Off-Street Parking
View Mountain View, Country Setting
Garage No
Building
Lot Description Pond, Wooded
Faces 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.
Sewer Septic Tank
Water Private
Architectural Style Traditional
Additional Building Storage, Stable(s), Barn(s)
Structure Type Frame,Other
Schools
Middle Schools Madisonville Middle
High Schools Sequoyah
Others
Restrictions No
Tax ID 091 104.00
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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