762 N Old Tellico Hwy, Madisonville, TN

$850,000

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4

Beds

1

Bath

1,414

Square feet

47.06

Acres

About 762 N Old Tellico Hwy

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.

Features of 762 N Old Tellico Hwy

MLS® # 1257787
Price $850,000
Bedrooms 4
Bathrooms 1.00
Full Baths 1
Square Footage 1,414
Acres 47.06
Year Built 1958
Type Single Family
Sub-Type Residential
Style Traditional
Status Active

Community Information

Address 762 N Old Tellico Hwy
Area Monroe County - 33
City Madisonville
County Monroe County - 33
State TN
Zip Code 37354

Amenities

Features Internet Available
Parking Other, Off-Street Parking
View Mountain View, Country Setting
Has Pool No

Interior

Appliances None
Heating None, Electric
Cooling None
Fireplace No
Fireplaces None
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Frame, Other
Exterior Features Windows - Wood, Porch - Covered
Lot Description Pond, Wooded
Construction Frame, Other

School Information

Middle Madisonville Middle
High Sequoyah

Additional Information

Date Listed April 1st, 2024
Days on Market 114
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAward Realty

Listing Map

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