$750,000

762 N Old Tellico Hwy, Madisonville, TN 37354

  • 4 beds |
  • 1 bath |
  • 1,414 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon47.06acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $530/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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.

Listing Status:
Active
Date Added:
April 7, 2025 at 05:00AM
Listing Office:
Award Realty : 423-476-3205
MLS ID:
1257787
  • Appliances: None
  • Basement: Crawl Space
  • Flooring: HardwoodVinyl
  • A/C: None
  • Heating: NoneElectric
  • Fireplace: Fireplaces: 0

This listing courtesy of Award Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Madisonville Primary School

268 Warren St, Madisonville, TN, 37354

Grades PK-2

3.40 miles away

M

Madisonville Middle School

175 Oak Grove Rd, Madisonville, TN, 37354

Grades 6-8

4.44 miles away

S

Sequoyah High School

3128 Highway 411, Madisonville, TN, 37354

Grades 9-12

5.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.