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!
Public Remarks: Assumable 5.24% VA loan or rental options!!! The sellers have gotten creative, and are offering an immediate cash producing property with a rent to own option! Discover a rare opportunity to own 22.8± acres in Madisonville with an established equestrian setup, multiple living spaces, income potential, and beautiful year round Smoky Mountain views. The main home is a well maintained 3 bedroom, 2 bath ranch offering 1,920 square feet of living space, featuring whitewashed pine walls, 9.5 foot ceilings, newer appliances, a metal roof, newer HVAC and water heater, and an expansive 10x40 covered front porch overlooking the mountains. The primary suite includes a trey ceiling, double walk in closets, and a walk in shower, creating a comfortable private retreat. The equestrian facilities are designed for both personal use and potential income, featuring a 38x40 barn with 7 stalls expandable to 10, hot and cold water, electricity at each stall, and stall mats that convey. The property also includes a 280x120 riding arena, multiple paddocks, a wash station, covered storage, a creek across the front of the property, and a fully fenced layout. Attached to the barn is a separate 2 bedroom, 1 bath residence with 640 square feet and its own 40 foot covered porch, providing flexibility for guests, multigenerational living, or rental income. The equestrian facilities also offer the potential for an income producing horse focused Airbnb or individual stall rentals, subject to applicable regulations. Additional improvements include a new 24x8 storage shed, another large outbuilding, and plenty of usable acreage for recreation, animals, or future plans. With established equestrian amenities, multiple residences, mountain views, and potential income opportunities, this property offers a versatile combination of rural lifestyle and investment potential in Monroe County.
Take Highway 411 South toward Madisonville. Turn left onto Niles Ferry Road and continue for approximately 2.8 miles. Turn left onto Povo Road and follow it for approximately 3.2 miles, then turn left onto Griffith Branch Road. Continue for approximately 1.8 miles. The home will be on the right, marked by a sign near the driveway.
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.
Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!
Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.
From showings to closing; we know that your time is valuable and our agents and staff will always strive to never keep you waiting.
Utilizing the very latest in lead generation and good old fashioned hard work, we already have a network of qualified purchasers looking for the right home or property.
We will set your home/property apart from others on the market with professional quality, innovative video marketing complete with narration and music.
Blair Scott LLC, dba Crown and Anchor Realty is a licensed Tennessee Real Estate Firm. Firm License 259496. Some or all of the Listing Displayed on this Site may not belong to Crown And Anchor Realty. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. This data is believed to be correct, but interested parties should confirm the data before relying on it in a purchase decision.