Agricultural Land with Home for Sale in Mercer, Tennessee
1032 Highway 138, Mercer, TN 38392
Welcome to Mercer, TN- a rare opportunity to own a luxury homestead with privacy, acreage, and endless potential. This 6,551-sf estate offers 4 bedrooms, 5.5 bathrooms, a mother-in-law suite and multiple flex rooms for an office, theater, rec room, gym, or media space.
Recent upgrades include:
New architectural roof (2022)
New exterior doors and several windows
All new flooring throughout
Large walk in custom pantry
New half bath addition
Updated kitchen appliances
Quartz countertops + custom island
The open-concept main level is built for hosting, with soaring 9-12'+ ceilings and a kitchen that flows right into your gathering spaces. The primary suite features a double vanity, soaking tub, walk-in shower, and spacious walk-in closet with custom built ins. A true in-law/guest suite provides multigenerational living options.
Outdoors, you'll find a generous barn/ workshop, a basketball court with stadium lighting, plus 17 newly planted fruit trees (peach, pear, plum, apple, cherry) establishing your own orchard.
- Listed by Steven Koleno, (630) 405-8314, Beycome Brokerage Realty
Location
- Street address
- 1032 Highway 138
- County
- Madison County
- Elevation
- 473 feet
Directions
Take the I-40W ramp towards Memphis. Take the TN-138/Providence Rd EXIT 68, Turn left onto TN-138, Home is located on the right.
Property details
- Acreage
- 43 acres
- MLS #
- REALTRACS 3035746
- Posted
Property taxes
- Recent
- $5,144
Parcels
- 135 00200 000
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Financing
- Conventional, FHA, VA
- Possession
- Negotiable
Exterior
- Parking Spaces
- 2
- Parking
- Garage Faces Side
- Structures
- Barn(s), Guest House
Structure
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Central, Forced Air, Natural Gas
- Cooling
- Central Air, Electric
- Materials
- Brick, Hardboard Siding
Interior
- Flooring
- Vinyl
- Appliances
- Built-In Gas Oven, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Trash Compactor
- Equipment
- Air Purifier, Irrigation System
- Features
- Air Filter, Ceiling Fan(s), High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Power | Grid | Available | — |
| Gas | Natural Gas | Available | — |
| Sewage | Septic System | Connected | — |
| Water | Private Well | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Denmark Elementary | Elementary | — | — |
| West-Bemis Middle School | Middle | — | — |
| South Side High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 30, 2025 | New listing | $1,600,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Dec 19, 2025 12:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more