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935 Old Tellico Highway N, Madisonville, TN 37354

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For Sale

$399,900

2 beds • 1 baths • 1,216 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $328.87
    Price per square foot

  • 31-40 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

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.
MLS# 20244288

Courtesy Of Southern Homes

(423) 744-3515

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Deck, Dock, Porch
  • Appliances
    Range, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Vinyl
  • Heating System
    Fireplace, Stove
  • Lot Size
    6.28 Acres
  • Roof Type
    Metal
  • View Type
    Hills

Map and Directions

Directions to 935 Old Tellico Highway N, Madisonville, TN 37354

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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