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Residential Land with Home for Sale in Pelham, Tennessee

4012 Payne Cove Rd, Pelham, TN 37366

$618,900
2.87 acres
Active
Est $3,150/mo

Discover your private Tennessee mountain sanctuary at 4012 Payne Cove Road in Pelham TN, where 5 pristine acres meet authentic Gatlinburg-style luxury living just minutes from both Nashville and Chattanooga via I-24. This exceptional 2,644 square foot brick mountain estate showcases dramatic cathedral ceilings with massive wooden beams, custom hickory cabinets displaying master craftsmanship, and a stunning loft perfect for home office or artist studio overlooking the open-concept living areas. The thoughtful split floor plan provides 3 spacious bedrooms and 2 full bathrooms with privacy and comfort, while soaring ceilings capture the essence of classic Tennessee mountain architecture throughout this turnkey country property. Beyond the main residence, nearly 5 usable acres include an impressive 58x48 pole barn ideal for RV storage, farm equipment, workshop, or livestock operations, plus a generous 36x30 detached garage providing additional vehicle and hobby space. Pure, cold mountain well water and durable brick construction ensure low-maintenance country living, while the versatile property works beautifully as gentleman's farm, horse property, weekend retreat, or Airbnb investment opportunity. Located in scenic Grundy County near South Cumberland State Park, world-famous Caverns music venue, and Elk River recreation including fishing and kayaking, this Pelham mountain home delivers unbeatable value combining privacy, quality construction, abundant storage, and strategic highway access between Tennessee's major cities. Schedule your showing today to experience this rare Grundy County gem offering acreage, outbuildings, and mountain living convenience.

2,644
Sq feet
3
Beds
2
Full baths
2008
Built

Location

Street address
4012 Payne Cove Rd
Elevation
1,062 feet
Coordinates
35.3221, -85.8153

Directions

From I-24 exit 127 travel Tn Hwy 50 at 4-way stop travel straight a couple miles and veer right onto Payne Cove Rd. turn left at crossroad continue to the home on right

Property details

Acreage
2.87 acres
MLS #
REALTRACS 2976071
Posted

Property taxes

Recent
$1,411

Parcels

  • 083 04902 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Possession
Close of Escrow

Exterior

Parking Spaces
6
Parking
Aggregate, Detached
Garage Spaces
2
Outdoor Spaces
Covered, Porch
Structures
Barn(s), Stable(s), Storage

Structure

Basement
Crawl Space
Water
Well
Sewer
Septic Tank
Heating
Central
Cooling
Central Air, Electric
Materials
Brick
Roof
Metal
Foundation
Block

Interior

Rooms
Bedroom x 3, Den, Kitchen, Living Room, Master Bathroom, Recreation Room
Flooring
Laminate, Tile
Fireplace Count
1
Fireplaces
Family Room, Great Room
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Double Oven, Electric Oven
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Built-In Features, Ceiling Fan(s), High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable
SewageSeptic SystemConnected
WaterPrivate WellConnected

Nearby schools

NameLevelDistrictDescription
Pelham ElementaryElementary
Pelham ElementaryMiddle
Grundy Co High SchoolHigh

Listing history

DateEventPriceChangeSource
Nov 14, 2025Price drop$618,900$1,000 -0.2%REALTRACS
Oct 29, 2025Price drop$619,900$5,000 -0.8%REALTRACS
Sept 18, 2025Price drop$624,900$5,000 -0.8%REALTRACS
Aug 19, 2025New listing$629,900REALTRACS
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Payment calculator

This 2.87-acre property is located at 4012 Payne Cove Rd in Pelham, TN 37366. The property is available for sale for $618,900. It has a 2,644 sq ft 3 bedroom, 2 bath house built in 2008.

Checked 7 hours ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Jan 12, 2026 10:00 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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