Residential Land with Home for Sale in Fayetteville, Tennessee
54 Shelton Rd, Fayetteville, TN 37334
Seller Says Sell! Huge Price Drop! Attention Horse Enthusiasts! This is the one you've been looking for! This property boasts a fully enclosed indoor 120x200 Red Iron All Steel Building known as Allegiance Arena on 6.29 acres with a creek. There are four separate paddocks (2, 1/4 acre, 1, 1/2 acre and the front paddock at 3.5 acres). This stunning property would make a perfect home for any horse enthusiast especially one that takes competing serious or that's looking to start a training or teaching business. All panels stay, along with the heater, bathroom and shed in the Arena. The home is four bedrooms, two baths, with an eat-in kitchen, living room, dining room and a laundry room. Sellers just installed a brand new a/c system early August 2025.
- Listed by Pattie Kosik, (931) 993-4772, eXp Realty
Location
- Street address
- 54 Shelton Rd
- County
- Lincoln County
- Community
- Metes and Bounds
- Elevation
- 813 feet
Directions
From Fayetteville, head south on Huntsville Highway. Turn left on Liberty/Old Lincoln Road for 7.5 miles. Turn left on Shelton Road. Property is on the left at the corner of Corders Crossroads Road.
Property details
- Acreage
- 6.29 acres
- MLS #
- REALTRACS 2976699
- Posted
Property taxes
- Recent
- $1,614
Parcels
- 137 05306 000
Details and features
Listing
- Type
- Residential
- Subtype
- Manufactured On Land
- Possession
- Close of Escrow
Lot
- Terrain
- Corner Lot, Level, Views, Wooded
- Waterfront
- Creek
- Features
- Corner Lot, Level, Views, Wooded
Exterior
- Parking
- Circular Driveway, Gravel
- Pool
- Above Ground
- Outdoor Spaces
- Covered, Deck, Porch
- Structures
- Barn(s), Storage
Structure
- Stories
- 1
- Basement
- Crawl Space
- Water
- Private
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air, Electric
- Materials
- Vinyl Siding
- Roof
- Metal
- Foundation
- Permanent
Interior
- Rooms
- Bedroom x 4, Den, Dining Room, Living Room
- Flooring
- Carpet, Vinyl
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Features
- Ceiling Fan(s), Extra Closets
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Power | Grid | Available | — |
| Water | Public | Available | — |
| Sewage | Septic System | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| South Lincoln Elementary | Elementary | — | — |
| South Lincoln Elementary | Middle | — | — |
| Lincoln County High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 1, 2025 | Price drop | $499,000 | $41,000 -7.6% | REALTRACS |
| Sept 22, 2025 | Price drop | $540,000 | $20,000 -3.6% | REALTRACS |
| Sept 2, 2025 | Price drop | $560,000 | $20,000 -3.4% | REALTRACS |
| Aug 20, 2025 | New listing | $580,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Dec 12, 2025 9:00 am 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