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Land with Home for Sale in Monterey, Tennessee

500 B Armstrong Ln, Monterey, TN 38574

$1,920,000
392 acres
pending
Under contract

This picturesque farm is surrounded by natural beauty. This home offers everything including privacy, stunning bluff views and almost one mile of water frontage on the East Fork of the Obey River. The farm currently has approximately 60 acres of pasture and could easily be expanded to more, with two ponds for cattle and wildlife. This is an excellent hunting property and a great investment opportunity with multiple building sites. There are two homes on the property. One is a small 1 bedroom, 1 bath, 16 x 30 cabin perfect for hunting, guests, or a weekend getaway. The larger home is a beautiful, rustic barndominium style 1500 square foot home. It has an attached carport and multiple storage areas with a nearby barn and corral for livestock. There is also plenty of space to build another home. This incredible farm also boasts wooded river areas with giant hemlocks and mountain laurel leading you down to the beautiful East Fork of the Obey River, which eventually empties into and starts at the head of Dale Hollow Lake. The local Muddy Pond Mennonite community is a unique area as well with its sorghum mill, general store, greenhouse, and much more. Monterey is a short drive for daily needs, and Cookeville is about 30 minutes with a regional hospital, Tennessee Tech University, and much more shopping. Nashville (to the West) and Knoxville (to the East) are approximately an hour and a half away.

1,500
Sq feet
3
Beds
2
Full baths
2014
Built

Location

Street address
500 B Armstrong Ln
Elevation
1,680 feet
Coordinates
36.2345, -85.0919

Directions

From Cookeville, take I-40 to exit 300, turn left go to the second red light, turn right onto Commercial Avenue, turn left at the next red light by Family Dollar onto Hwy 164, drive approximately 7 miles, turn right onto Union B Road, at the 4-way stop, turn left onto Muddy Pond Road, go about 3 miles, turn left onto Armstrong Lane.

Property details

Acreage
392.16 acres
MLS #
KAARMLS 1317767
Posted

Property taxes

Recent
$1,506

Parcels

  • 118.009.02
  • 132 001.01

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Level, Pond, Private, River, Rolling Slope, Wooded

Exterior

Parking
Carport
Pool
Porch
Structures
Guest House

Structure

Water
Public
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Central Air
Materials
Frame, Wood Siding

Interior

Room Count
12
Rooms
Bathroom x 2, Bedroom x 3
Flooring
Hardwood, Tile
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Features
Eat-In Kitchen

Nearby schools

NameLevelDistrictDescription
WilsonElementary
LivingstonMiddle
Livingston AcademyHigh

Listing history

DateEventPriceChangeSource
Dec 9, 2025Under contract$1,920,000KAARMLS
Oct 7, 2025New listing$1,920,000KAARMLS
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This 392.16-acre property is located at 500 B Armstrong Ln in Monterey, TN 38574. The property is pending sale. It has a 1,500 sq ft 3 bedroom, 2 bath house built in 2014.

Checked 1 hour ago — Updated

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