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Land with Home for Sale in Spencer, Tennessee

283 Markum Ln, Spencer, TN 38585

$449,900
3 acres
Active sale
Est $2,365/mo

Tucked away just minutes from Fall Creek Falls State Park, this gorgeous cabin offers the perfect investment or flexible living opportunity. This property is situated on a gated, fully fenced mini farm with two spring-fed ponds, a workshop, and over 1,100 sq. ft. of wraparound porch space, it has excellent Airbnb/short-term rental potential and an ideal layout for multi-generational living or guest quarters with a secondary kitchen. The unique spiral staircases add architectural charm and can easily be converted to traditional stairs if desired.

Home Features: Quality solid wood construction with 6" seamless gutters, energy-efficient LED lighting, and current termite/pest service. The basement includes a secondary kitchen, while the 616 sq. ft. loft offers a sitting area, bedroom space, and plumbing for a future half bath. The main-level primary suite includes washer/dryer hookups.

Kitchen: Custom-built countertops and a spacious pantry.

Interior: Open-concept living area with vaulted ceilings and abundant natural light.

Bathrooms: Walk-in showers with modern fixtures.

Outdoor Living: More than 1,100 sq. ft. of wraparound porch space with stainless steel cable railings, and a new dock overlooking one of the spring-fed ponds—perfect for relaxing, fishing, or enjoying the peaceful setting.

Garage & Workshop: The 24x40 insulated detached garage/shop includes a 16x40 lean-to and 200-amp service. A new 24x30 garage/shop addition is underway with a 4,000 PSI fiber-reinforced concrete slab already poured, offering even more space for vehicles, equipment, or hobbies.

Land & Setting: A gated entrance leads to a fully fenced property with a private road circling 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 3250991
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
June 26, 2026New listing$449,900REALTRACS
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This 3-acre property is located at 283 Markum Ln in Spencer, TN 38585. The property is available for sale, priced at $449,900. It has a 2,569 square foot 3-bedroom, 2-bath house built in 2023.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Aug 20, 2026 5:00 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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