935 N Old Tellico Hwy, Madisonville, TN 37354

$399,900 Asking Price

2 beds
1 bath
1,216  sqft
Built in 1984

House is occupied with pets on the premises, so please allow up to 24 hours' notice for showing requests, if possible. Supra lockbox on the front porch screen door. Public Remarks: 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% 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.

Features & Amenities

Interior

General:
Island in Kitchen, Eat-in Kitchen
Appliances:
Dishwasher, Range, Refrigerator, Self Cleaning Oven
Basement:
Crawl Space
Flooring:
Laminate, Other
Heating:
true, Active Solar, Propane, Other
Fireplace:
Masonry, Insert, Fireplaces: 1

Exterior

General:
Windows - Vinyl, Windows - Insulated, Porch - Covered, Deck, Workshop
Style:
Cabin
Parking:
None

Construction

General:
Vinyl Siding, Frame

Location

Originating MLS:
East Tennessee REALTORS® MLS
County:
Monroe County - 33

Lot

Zoning:
091 126.01
View:
Country Setting, Wooded

Utilities

Water:
Public, Other
Sewer:
Septic Tank, Perc Test On File

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Southern Homes

About Madisonville, TN

Housing

Number of Units
7,760
Median Home Value
$153,226
Median Rent
$548

23.79% of housing units are renter occupied.

9.49% are vacant.

Commute

Car
95.30%
Public Transportation
0.10%
Walk to Work
0.00%
Work from Home
3.91%
Other
0.50%

The median travel time to work is 26 minutes.

People

Population
17,359
Median Age
42.90
Median Household Size
2.61

Education

High School
38.81%
Associate’s Degree
7.64%
Bachelor’s Degree
9.43%
Graduate Degree
3.72%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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