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Land with Home for Sale in Spencer, Tennessee

283 Markum Ln, Spencer, TN 38585

$455,000
3 acres
Active sale
Est $2,249/mo

Tucked away just minutes from Fall Creek Falls State Park, discover the perfect investment or flexible living opportunity. This gorgeous cabin sits on a gated, fully fenced property with ponds, a workshop, and over 1,100 sq. ft. of wraparound porch space. It offers excellent Airbnb and short-term rental potential, as well as an ideal layout for a possible in-law suite or guest quarters thanks to a secondary kitchen. The unique spiral staircase adds architectural charm and can be converted to traditional stairs if preferred, making this home adaptable for any lifestyle.

Home Features : Quality craftsmanship in solid wood construction, enhanced by 6" seamless gutters, energy-efficient LED lighting, and current termite/pest service. The basement level includes a secondary kitchen for multi-generational living or guest accommodations. A spacious 616 sq. ft. loft includes plumbing for an additional half bath, plus a comfortable sitting area and bedroom space. The main-level primary suite includes washer/dryer hookups for added convenience. Two spiral staircases create architectural interest and functionality and could easily be converted to traditional stairs if desired.

Kitchen : Custom-built countertops and a generously sized pantry provide organization and storage.

Interior Appeal : The open-concept living area features vaulted ceilings and large windows that invite natural light.

Bathrooms : Walk-in showers with modern fixtures deliver a spa-like, luxurious experience.

Outdoor Living : Enjoy over 1,100 sq. ft. of wraparound porch space with sleek stainless steel cable railings. This three-sided porch provides the perfect setting to relax or entertain.

Garage & Workshop : The 24x40 insulated detached garage/shop includes a 16x40 lean-to and 200-amp service, ideal for hobbies, storage, or workspace needs.

Land & Setting : Accessed through a gated entrance, the fully fenced property features a private road that circles the land, two spring-fed ponds, and a firepit area.

2,569
Sq feet
3
Beds
2
Full baths
2023
Built

Location

Street address
283 Markum Ln
Zip code
38585
Elevation
1,783 feet
Coordinates
35.6982, -85.3564

Directions

Take HWY 30 to Spencer, TN for 26 miles. Turn right onto Markum Lane for approx 1/2 mile. Travel .3 miles and the property is on the left

Property details

Acreage
3 acres
MLS #
REALTRACS 3173075
Posted

Property taxes

Recent
$794

Parcels

  • 048 02606 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Possession
Negotiable

Exterior

Parking Spaces
2
Parking
Detached

Structure

Basement
Finished, Full
Water
Public
Sewer
Septic Tank
Cooling
Electric
Materials
Wood Siding

Interior

Above Grade
1,624 sq ft
Below Grade
945 sq ft
Flooring
Concrete, Laminate
Appliances
Electric Oven, Electric Range

Property utilities

CategoryTypeStatus
PowerGridAvailable
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

NameType
Spencer ElementaryElementary
Van Buren Co High SchoolMiddle
Van Buren Co High SchoolHigh

Listing history

DateEventPriceChangeSource
Apr 12, 2026New listing$455,000REALTRACS
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This 3-acre property is located at 283 Markum Ln in Spencer, TN 38585. The property is available for sale for $455,000. It has a 2,569 sq ft 3 bedroom, 2 bath house built in 2023.

Checked 1 hour agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of June 1, 2026 7:00 pm 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

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