Crown And Anchor Can Help You Purchase This Home

Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!

762 N Old Tellico Hwy, Madisonville, 37354

Priced At: $850,000

Property Details for ID: 1257787

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SqFt: 1,414
Price SqFt: $601
Total Bedrooms: 4
Full Baths: 1 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2024-04-02T02:01:52Z

Public Remarks: Nestled in the heart of picturesque landscapes, this expansive 47.06-acre farm presents a unique blend of tranquility, functionality, and potential, ready to accommodate a variety of aspirations and lifestyles. Unrestricted land, the property serves a dual narrative of serene living and abundant opportunity. The cleared pastures, fenced and cross-fenced, are perfect for equestrian lovers or those with a passion for agriculture, ensuring a seamless blend of work, play, and relaxation. The farm's two ponds add a picturesque element, while enhancing the functionality for irrigation or livestock. Wooded areas provide a natural wonder, offering peace and privacy, as well as opportunities for outdoor recreation right in your backyard. The presence of a large barn with 4 sheds, 8 stables, a crib, and a loft with stairs will support a variety of agricultural or equestrian activities. Two smaller buildings offer additional storage. The property's inclusion in the Greenbelt program not only affirms its agricultural value but also offers financial incentives through property tax savings. With a 90' well and septic tank in place, the foundation is set for sustainable living or further development. DEVELOPERS: This is a fantastic opportunity with nearly 2000' of road frontage! City water and natural gas provided by the City of Madisonville is located all along the road, and positions this land as an excellent candidate for future projects. Additional adjoining acreage (15.3) available for purchase takes this property all the way to and across New Highway 68, providing opportunity for a mixture of residential and commercial development. Conveniently located to Madisonville, and Interstate 75, approximately 1 hour from Knoxville and Chattanooga and 2.5 hours from Atlanta and Nashville. Nearby mountains, rivers and lakes provide endless activities and adventure year-round. Farm Sold AS IS. House given little value.

Schools Information

Elementary School: ********
Middle / Junior School: Madisonville Middle
High School: Sequoyah

Building Description

Building Style: Traditional
Type: Ranch
Site Built: Yes
Year Built: 1958
Total Rooms: 7
SqFt (Total): 1,414
SqFt (Main Lvl): 1,414
Full Baths: 1
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Extra Storage: No
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Porch - Covered, Windows - Wood
Construction: Frame
Siding: Other

  Appliances

None

  Room Dimensions

  Interior Features

Floors: Hardwood, Vinyl
Misc Features: Internet Available

  Property Details

Acreages: 47.06
Lot Description: Pond, Wooded, Other
View: Country Setting, Mountain View

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional

  HOA Information

Restrictions: No
HOA: No
HOA Fee: 0

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): None
Heat Type(s): None

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings

Barn, Stable, Storage Shed

Presented By: LeAnne McDaniel Presley / Award Realty

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From I-75 Exit 60 take SR-68 toward Sweetwater. Travel on SR-68 for 13 miles. Turn left onto Tellico Street S. Travel 1.2 miles. Driveway entrance on right, just before sharp curve.



Your commute

( Departing today at 8:00am )


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