Land with Home for Sale in Madisonville, Tennessee
935 Old Tellico Hwy N Madisonville, TN 37354
Quiet country life with income potential! Not only will you enjoy the benefits of this secluded, spacious, off-grid home, this property has the potential to earn $1600 per month in RV site rental income. There are two existing (yet private from the main house) RV sites with water and electrical hookups plus there is a septic dump station for emptying holding tanks. Current tenants will be on month-to-month leases so they are not locked in if you choose not to employ this option. Because the RV sites are already cleared, they are also suitable for horses, livestock, gardens, orchards, crop production or as additional home sites. The possibilities are numerous but not limited to those listed since there are no restrictions that you may find within town or city limits. The spectacularly updated home features 100 percent solar power. It's currently on city water but can be converted utilizing the existing 1500-gallon water catchment system. The home includes a propane range and oven with a second additional electric convection oven. The inverter technology ductless mini-split system and three individually controlled inside units with Wi-Fi control coupled with a new woodstove fireplace insert will easily and efficiently manage of your heating and cooling needs. An emergency back-up generator and two propane tanks which feed the range and on-demand water heater are also included. Additionally, a lovely chicken coop and run are in place and should you desire, the chickens are included. A sweet little produce stand marks the entrance to the drive. There are so many ways to customize this gem of a property! Peace and quiet abound, but The Tail of the Dragon, The Cherohala Skyway, Tellico Plains, Madisonville, Knoxville and plenty of other retail services are located just a few miles in various directions. Property is being sold AS-IS.
Directions
From Madisonville, take Old Tellico Hwy N. for approximately three miles to the property on the Left.
Location
- Street Address
- 935 Old Tellico Hwy N
- County
- Monroe County
- Elevation
- 1,007 feet
Property details
- MLS Number
- RCAR 20244288
- Date Posted
Property taxes
- Recent
- $452
Parcels
- 091 12601 000
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Views
- Hills
Structure
- Materials
- Vinyl Siding
- Roof
- Metal
- Heating
- Fireplace, Stove
Exterior
- Parking
- Driveway, Off Street, RV
- Features
- Covered, Creek/Stream, Deck, Front Porch, Mailbox, Porch, RV Hookup, Rain Barrel/Cistern(s), Rain Gutters, Rural, Secluded, Sloped, Wooded
Interior
- Room Count
- 7
- Rooms
- Bathroom, Bedroom x 2
- Floors
- Vinyl
- Appliances
- Gas Range, Range, Refrigerator
- Features
- Bathroom Mirror(s), Beamed Ceilings, Built-In Features, Eat-In Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Walk-In Shower
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Madisonville Primary | Elementary | — | — |
Madisonville | Middle | — | — |
Sequoyah | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Dec 8, 2024 | Price drop | $374,999 | $1 0% | RCAR |
Nov 25, 2024 | Price drop | $375,000 | $24,900 -6.2% | RCAR |
Oct 15, 2024 | Price drop | $399,900 | $25,100 -5.9% | RCAR |
Sept 27, 2024 | New listing | $425,000 | — | RCAR |