500 B Armstrong Lane, Monterey, TN 38574 (MLS# 1317767)


$1,800,000
500 B Armstrong Lane
Monterey, TN 38574
MLS# 1317767
Status: Closed
3 beds  |  1500 sqft


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Property Description
This picturesque farm is surrounded by natural beauty. This home offers everything including privacy, stunning bluff views and almost one mile of water frontage on the East Fork of the Obey River. The farm currently has approximately 60 acres of pasture and could easily be expanded to more, with two ponds for cattle and wildlife. This is an excellent hunting property and a great investment opportunity with multiple building sites. There are two homes on the property. One is a small 1 bedroom, 1 bath, 16 x 30 cabin perfect for hunting, guests, or a weekend getaway. The larger home is a beautiful, rustic barndominium style 1500 square foot home. It has an attached carport and multiple storage areas with a nearby barn and corral for livestock. There is also plenty of space to build another home. This incredible farm also boasts wooded river areas with giant hemlocks and mountain laurel leading you down to the beautiful East Fork of the Obey River, which eventually empties into and starts at the head of Dale Hollow Lake. The local Muddy Pond Mennonite community is a unique area as well with its sorghum mill, general store, greenhouse, and much more. Monterey is a short drive for daily needs, and Cookeville is about 30 minutes with a regional hospital, Tennessee Tech University, and much more shopping. Nashville (to the West) and Knoxville (to the East) are approximately an hour and a half away.

Details
Contract Info
Auction Y/N: No
Listing Price: 1920000
Current Price: $1,800,000
Status: Closed
Listing Date: 2025-10-05
Location, Tax & Legal Info
Area: Overton County - 54
Property Sub-Type: Residential
Community: Muddy Pond
City/County Code: County
Elementary School: Wilson
Middle School: Livingston
Total Tax: 1505.86
High School: Livingston Academy
General Property Description
Type: Other
# Bedrooms: 3
Lot Dimensions: See Acreage
Acres: 392.16
Acre Source: Owner
# of Rooms: 12
Restrictions: No
Site Built: Yes
Fireplace: No
Property Status: N/A
SqFt - Main Lvl: 960
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 900
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: No
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 1500
Baths - Full: 2
Year Built: 2014
Remarks & Misc
Directions: From Cookeville, take I-40 to exit 300, turn left go to the second red light, turn right onto Commercial Avenue, turn left at the next red light by Family Dollar onto Hwy 164, drive approximately 7 miles, turn right onto Union B Road, at the 4-way stop, turn left onto Muddy Pond Road, go about 3 miles, turn left onto Armstrong Lane.
Public Remarks: This picturesque farm is surrounded by natural beauty. This home offers everything including privacy, stunning bluff views and almost one mile of water frontage on the East Fork of the Obey River. The farm currently has approximately 60 acres of pasture and could easily be expanded to more, with two ponds for cattle and wildlife. This is an excellent hunting property and a great investment opportunity with multiple building sites. There are two homes on the property. One is a small 1 bedroom, 1 bath, 16 x 30 cabin perfect for hunting, guests, or a weekend getaway. The larger home is a beautiful, rustic barndominium style 1500 square foot home. It has an attached carport and multiple storage areas with a nearby barn and corral for livestock. There is also plenty of space to build another home. This incredible farm also boasts wooded river areas with giant hemlocks and mountain laurel leading you down to the beautiful East Fork of the Obey River, which eventually empties into and starts at the head of Dale Hollow Lake. The local Muddy Pond Mennonite community is a unique area as well with its sorghum mill, general store, greenhouse, and much more. Monterey is a short drive for daily needs, and Cookeville is about 30 minutes with a regional hospital, Tennessee Tech University, and much more shopping. Nashville (to the West) and Knoxville (to the East) are approximately an hour and a half away.
Atchd/Dtchd Type
Detached: 1
Style
Cabin: 1
Other: 1
Construction
Frame: 1
Siding
Wood: 1
Fireplace
None: 1
Cooling
Central Cooling: 1
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Carport: 1
Basement
None: 1
Lot Description
Level: 1
Pond: 1
Private: 1
River: 1
Rolling Slope: 1
Wooded: 1
Fuel
Electric: 1
View
Country Setting: 1
Mountain View: 1
Seasonal Mountain View: 1
Wooded: 1
Heat
Central: 1
Dining Area
Kitchen/Dining Rm Co: 1
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Other Rooms
Bedroom Main Level: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Workshop: 1
Exterior Features
Porch - Covered: 1
Misc Features
Internet Available: 1
Washer/Dryer Connect: 1
Whirlpool Tub: 1
Sewer
Septic Tank: 1
Water
Public: 1
Outbuildings
Barn: 1
Guest House: 1
New Financing
Cash: 1
Conventional: 1
Other: 1
Location Tax Legal Info
House #: 500 B
Street Name: Armstrong
St Suffix: Lane
State/Province: TN
Zip Code: 38574
PIN #: 132 001.01 & 118.009.02
Status Change Info
Status Change Date: 2026-01-23
Under Contract Date: 2025-12-09
Sold Date: 2026-01-23
Sold Price: $1,800,000
Property Features
Style: Cabin; Other
Construction: Frame
Siding: Wood
Basement: None
Lot Description: Level; Pond; Private; River; Rolling Slope; Wooded
View: Country Setting; Mountain View; Seasonal Mountain View; Wooded
Fireplace: None
Floors: Hardwood; Tile
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Sewer: Septic Tank
Water: Public
Other Rooms: Bedroom Main Level; Laundry/Utility; Mstr Bdrm Main Level; Workshop
Misc Features: Internet Available; Washer/Dryer Connect; Whirlpool Tub
Exterior Features: Porch - Covered
Outbuildings: Barn; Guest House
Dining Area: Kitchen/Dining Rm Co
New Financing: Cash; Conventional; Other

IDX
Listing Office: Triple C Realty & Auction, LLC

Last Updated: January - 24 - 2026

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