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124 Peninsula Rd, Madisonville, 37354
Priced At: $449,000
Property Details for ID: 1332665
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 1,896
Price SqFt: $237
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-04-06T17:34:31Z
Subdivision: Laurel Lake
Public Remarks: **Motivated seller! Sellers have a new home under contract and ready to sell!** Welcome to lake living in the gated community of Laurel Mountain Lakes. This 3 bedroom, 2 bath home offers approximately 1,896 square feet and the perfect blend of comfort, privacy, and waterfront access. The main level features two spacious bedrooms, a full bath, laundry area, and an open floor plan designed for everyday living and entertaining. The kitchen includes tall solid wood cabinetry that extends toward the vaulted ceilings, creating a warm focal point that opens to the living area. The living room features a unique 360-degree wood-burning fireplace, adding character and cozy ambiance. Step outside onto the sun deck and enjoy peaceful views of Laurel Mountain Lakes, an ideal spot for morning coffee or relaxing at the end of the day. The lower level offers additional flexibility with a kitchenette, bonus area, and a private primary suite with a full bath, making it suitable for guests, extended family, or a private retreat. Just outside the lower level is a screened porch with porch curtains, providing a comfortable outdoor space to enjoy the evening air. This lakefront property includes a private dock with direct access to the 60-acre lake where residents enjoy kayaking, swimming, fishing, and other water activities. Located at the end of a peninsula, the property offers deeper water and added privacy. The home is surrounded by attractive landscaping and features a well-designed outdoor entertaining area with a grilling space and a stone and wood outdoor fireplace, creating a great setting for gatherings. The outdoor area also includes a dining space with a large rustic table positioned to take in sunset views over the water. A front deck facing the lake provides an additional outdoor space to enjoy sunrise views. Additional features include a whole-house water filtration system with reverse osmosis and an active yearly maintenance program. The HVAC system is serviced every six months, and the home is currently under a termite protection plan. This well-maintained lakefront property offers a unique opportunity to enjoy waterfront living in the Laurel Mountain Lakes community.
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 1978
Total Rooms: 6
SqFt (Total): 1,896
SqFt (Main Lvl): 1,128
SqFt (Down Lvl): 768
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Mandatory
HOA Fee: 550
HOA Freq: Yearly
HOA Contact: Laurel Lakes Association
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
17 min (8.4 miles) via TN-68 S Fastest route now due to traffic conditions Hardee's 4750 New Hwy 68, Madisonville, TN 37354 Exit the parking lot toward TN-68 S 51 sec (463 ft) Turn right onto TN-68 S 6 min (5.1 mi) Continue on Bethlehem Rd. Take Bethlehem Church Rd, Laurel Branch Rd and Laurel Lake Cir to Peninsula Rd 9 min (3.2 mi) 124 Peninsula Rd Madisonville, TN 37354
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
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