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762 N Old Tellico Hwy

Madisonville, TN 37354

4 beds
1 bath
1,414 sqft
~47 acre lot
$601 per sqft
1958 build
– on site

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 courtesy of KAARMLS / Award Realty

Last checked: Checking… • Last updated Apr 2, 2024 •

MLS# 1257787 —

The Building

Year Built:

1958
New Construction:

No
Construction Materials:

Frame, Other
Architectural Style:

Traditional
Direction Faces:

None
Roof:

None
Stories:

None
Stories Total:

None
Basement:

Crawl Space
Exterior Features:

Windows - Wood, Porch - Covered
Patio & Porch Features:

None
Accessibility Features:

None
Building Area Total:

1414.0

Interior

Flooring:

Hardwood, Vinyl
Fireplace:

false
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

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.

The Property

Parcel Number:

091 104.00
Property Type:

Single Family
Property Subtype:

Residential
Lot Features:

Pond, Wooded
Lot Size Area:

47.06
Lot Size Acres:

47.06
Lot Size SqFt:

2049933.6
Lot Size Units:

Acres
Lot Size Source:

Survey
Zoning:

None
Zoning Description:

None
Current Use:

None
Possible Use:

None
Topography:

None
Fencing:

None
Waterfront:

No
Water Body Name:

None
Road Frontage Type:

None
Property Attached:

false
Other Structures:

Storage, Stable(s), Barn(s)

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

None

Beds

Bedrooms Total:

4

Baths

Total Baths:

1.0
Total Baths:

1
Three Quarter Baths:

None
Full Baths:

1
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Agency Compensation:

2.5000

Heating & Cooling

Heating:

None, Electric
Heating:

false
Cooling:

None
Cooling:

false

Utilities

Utilities:

None
Electric:

None
Sewer:

Septic Tank
Water Source:

Private

Appliances

Appliances:

None

Schools

Elementary School:

None
Elementary School District:

None
Middle or Jr High School:

Madisonville Middle
Middle or Jr High School District:

None
High School:

Sequoyah

The Community

Senior Community:

No
Pool Private:

No
Pool Features:

None
Spa Features:

None
View:

Mountain View, Country Setting
Pets Allowed:

None
Association:

false

Parking

Attached Garage:

false
Parking Features:

Other, Off-Street Parking

Monthly cost estimate

Asking price

$850,000

Expense	Monthly cost
Mortgage	$4,551
Taxes	N/A
Insurance	$233
Utilities	$164 See report
Total	$4,948/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/1/24 Apr 1, 2024	Listed / Active	KAARMLS	$850,000

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This house located in TN 37354 is currently for sale for $850,000. 762 N Old Tellico Hwy is a 1,414 square foot house with 4 beds and 1 bath that has been on Estately for 28 days. This house is in the attendance area of Madisonville Primary School, Madisonville Middle School, Madisonville Intermediate School, and Sequoyah High School.

Listing Courtesy of: KAARMLS and Award Realty.

The information is being provided by Multiple Listing Service of the Knoxville Area Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 2024 Multiple Listing Service of the Knoxville Area Association of REALTORS. All Rights Reserved.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.