Residential Land with Home for Sale in Madisonville, Tennessee
5128 New Highway 68, Madisonville, TN 37354
This 6,612 sq ft home on 1.6 acres offers remarkable flexibility-ideal as a primary residence, second home, multi-generational property, or investment opportunity. Thoughtfully remodeled and priced well below recent appraisal, it features four spacious bedrooms, multiple living and dining areas, and standout amenities including a home theater, gym, office, recreation room, oversized deck, and two-car garage. The main level showcases engineered hardwood flooring, an open kitchen with custom cabinetry, a large island, breakfast nook, and formal dining room. The main suite includes a spa-style bathroom with tile flooring and a walk-in closet. The fully finished walkout basement provides separate living quarters with its own entrance, full kitchen, laundry, bedroom, bathroom, and living area-ideal for in-laws, guests, or rental income. Located minutes from the Tellico River, Vonore Lake, Ocoee River, and Cherokee National Forest, this home offers both convenience and access to outdoor recreation. Just five minutes from Kefauver Park and a local golf course, and under an hour to McGhee Tyson Airport in Knoxville, it's a perfect blend of space, lifestyle, and value in East Tennessee.
Location
- Street address
- 5128 New Highway 68
- County
- Monroe County
- Community
- Michaels MTN View
- Elevation
- 980 feet
Directions
From intersection of US 411 and Hwy 68 in Madisonville, travel W on Hwy 68 towards Tellico Plains for 1.1 miles and the home will be on the right hand side. SOP
Property details
- Acreage
- 1.6 acres
- MLS #
- KAARMLS 1310857
- Posted
Property taxes
- Recent
- $5,295
Parcels
- 079F A 028.00
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Realty Executives International
Lot
- Features
- Corner Lot, Irregular Lot, Level, Rolling Slope
Exterior
- Parking
- Garage, Off Street, Open
- Pool
- Deck
Structure
- Basement
- Finished
- Water
- Public
- Sewer
- Perc Test On File, Septic Tank
- Heating
- Central, Electric, Natural Gas
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Brick, Frame
Interior
- Room Count
- 7
- Rooms
- Basement, Bathroom x 5, Bedroom x 3
- Flooring
- Hardwood, Tile, Vinyl
- Appliances
- Dishwasher, Range, Refrigerator, Self Cleaning Oven
- Features
- Cathedral Ceiling(s), Eat-In Kitchen, Kitchen Island, Pantry, Walk-In Closet(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Madisonville Primary | Elementary | — | — |
| Madisonville Middle | Middle | — | — |
| Sequoyah | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 12, 2025 | Price drop | $875,000 | $70,000 -7.4% | KAARMLS |
| Aug 4, 2025 | New listing | $945,000 | — | KAARMLS |
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Copyright (C) 2025 East Tennessee Realtors(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
