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762 Old Tellico Highway N

Madisonville, TN 37354
  • $850,000
  • STATUS: Active
  • ON SITE: 224 Days
  • MLS #: 20241286
UPDATED: 23 min ago
$850,000
  • 4
    BEDS
  • 47.06
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,414
    SQFT
  • $601
    $/SQFT
Type:
Single-Family Home
Built:
1958
County:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-11-11T21:47:28.82.
www.sellschatt.com/homes/149060596
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762 Old Tellico Highway N Madisonville, TN 37354

  • Price: $850,000
  • Status: Active
  • On Site: 224 Days
  • Updated: 23 min ago
  • MLS #: 20241286
4
Beds
1
Baths
0
½ Baths
47.06
Acres
1,414
SQFT
$601
$/SQFT
1958
Built
County:
Monroe
Elementary School:
Madisonville Primary
Middle School:
Madisonville
High School:
Sequoyah
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.
Exterior Features

Architectural Style Ranch Attached Garage YN No Body Type [] Carport YN No Construction Materials Other Exterior Features Rain Gutters Fencing See Remarks Foundation Details Block Garage YN No Levels One Lot Features RuralWoodedSlopedPastureGreenbeltCleared Parking Features UnpavedDrivewayGravelOff Street Patio And Porch Features CoveredFront PorchPorch Road Frontage Type County Road Roof MetalPitched View Trees/WoodsRuralPastureMountain(s) Waterfront Features [] Waterfront YN No

Interior Features

Appliances None Basement Crawl Space Below Grade Finished Area 0 Cooling None Cooling YN No Fireplace Features [] Fireplace YN No Flooring HardwoodVinyl Heating None Heating YN No Interior Features See Remarks Rooms Total 0 Window Features Wood Frames

Property Features

Accessible YN No Association YN No Community Features None Current Use [] Horse Amenities BarnHay StoragePastureStable(s) Horse YN Yes Listing Terms CashConventional New Construction YN No Other Equipment None Other Structures Stable(s)Shed(s)Barn(s)Outbuilding Pool Features None Property Condition Fixer Property Sub Type Single Family Residence Road Responsibility Public Maintained Road Security Features [] Sewer Septic Tank Spa Features [] Special Listing Conditions Standard Structure Type House Subdivision YN No Tax Annual Amount 380.7 Utilities High Speed Internet AvailableWater AvailableSewer Not AvailablePhone AvailableNatural Gas AvailableCable AvailableElectricity Connected Water Source Well Within City Limits YN No

Listing provided courtesy of Leanne Presley of Award Realty II: .


© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-11-11T21:47:28.82.
 
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