Madisonville, TN 37354,Three Points
Madisonville, TN 37354,Three Points
Madisonville, TN 37354,Three Points
Madisonville, TN 37354,Three Points
Madisonville, TN 37354,Three Points
Madisonville, TN 37354,Three Points
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$2,550,000

$2,800,000

8.9%
Est.Price: ?

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Est. payment /mo

582 Acres Lot


SOLD DATE : 08/30/2024

Key Details

Sold Price $2,550,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1246374

Sold Date 08/30/24

Originating Board East Tennessee REALTORS® MLS

Lot Size 582.000 Acres

Acres 582.0

Lot Dimensions irregular

Property Description

The Three Points property is a rare property adjoining Tennessee Valley Authority (TVA) owned Little Tennessee River frontage on more than half of its boundary line. This close proximity to the water frontage on so many sides of the property provides amazing views of the river and surrounding hills and valleys. Three Points has great access starting along paved Three Points Road and then continuing onto a well maintained gravel road through the property. Additional interior dirt surface accesses that are suitable for a truck or ATV provide additional access throughout the tract. The property is within a 25-minute drive of Madisonville and within an hour and 15 minutes of Knoxville, TN. Madisonville shopping provides all the necessities of life. This property has high potential for a large acreage waterfront estate or subdivided acreage development given the great access and adjacency to TVA boundary. The abundant recreational opportunities including area lakes, rivers, and Great Smokey Mountain National Park add to the desirability of the area. The tract has been historically managed for timber production and has a well established pine plantation on the majority of the acres, as well as natural hardwood areas. AFM Real Estate signs are at the frontage, call to arrange a personal showing of this one of a kind property. Lake access across TVA lands is foot traffic only. Docks are not permitted.

Location

State TN

County Monroe County - 33

Area 582.0

Zoning Zoned Agricultural

Exterior

View Mountain View, Wooded, Other, Lake

Topography Rolling

Improvements Other, Utilities on Site

Road Frontage , Gravel, County, Paved

Garage No

Building

Lot Description Lakefront, Private, Rolling, Wooded, Rolling Slope, Other

Faces From the intersection of Highway 411 and Ballplay Road in Madinsonville TN go east on Ballplay Road 10.2 miles, turn left on Three Points Road and go 4.2 miles and tract is on both sides of the road.

Others

Restrictions No

Tax ID 082 020.00, 070 036.00, 034.00

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