$2,550,000
Madisonville, TN 37354
MLS# 1246374
Status: Closed
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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.
Details
Location, Tax & Legal Info
Area: Monroe County - 33
City/County Code: County
Total Tax: 2812.38
Contract Info
Auction Y/N: No
Listing Price: 2800000
Current Price: $2,550,000
Status: Closed
Listing Date: 2023-11-17
General Property Description
Lot Dimensions: irregular
Acres: 582
Acre Source: Owner
Restrictions: No
Property Status: N/A
Remarks & Misc
Directions: 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.
Public Remarks: 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.
Property Sub-Type
Farm: 1
Lake Front: 1
Recreational: 1
Rural: 1
Topography
Rolling: 1
Road Access
Public Road: 1
Road Frontage
County: 1
Gravel: 1
Paved: 1
Sale Options
Fee Simple: 1
Improvements
Utilities on Site: 1
Other: 1
Lot Description
Private: 1
Rolling Slope: 1
Waterfront: 1
Wooded: 1
Other: 1
Easements
Power Line/TVA: 1
Other: 1
View
Lake View: 1
Mountain View: 1
Wooded: 1
Community Amenities
Lake/Water Access: 1
Other - See Remarks: 1
Documents on File
Topography Map: 1
Developmnt Potential
Farm: 1
Recreational: 1
Subdivision: 1
Utilities Available
Electricity: 1
Telephone: 1
Zoning
Zoned Agricultural: 1
Present Structures
None: 1
New Financing
Cash: 1
Conventional: 1
Other: 1
Showing Instructions
See Agent Instructns: 1
Location Tax Legal Info
Street Name: Three Points
State/Province: TN
Zip Code: 37354
PIN #: 082 020.00, 070 036.00, 034.00
Geo Lat: 35.501811
Geo Lon: -84.24137
Status Change Info
Status Change Date: 2024-09-17
Under Contract Date: 2024-04-02
Sold Date: 2024-08-30
Sold Price: $2,550,000
Property Features
Property Sub-Type: Farm; Lake Front; Recreational; Rural
Topography: Rolling
Road Frontage: County; Gravel; Paved
Road Access: Public Road
Sale Options: Fee Simple
Improvements: Utilities on Site; Other
Easements: Power Line/TVA; Other
Community Amenities: Lake/Water Access; Other - See Remarks
Lot Description: Private; Rolling Slope; Waterfront; Wooded; Other
View: Lake View; Mountain View; Wooded
Documents on File: Topography Map
Developmnt Potential: Farm; Recreational; Subdivision
Utilities Available: Electricity; Telephone
Zoning: Zoned Agricultural
Present Structures: None
New Financing: Cash; Conventional; Other
Showing Instructions: See Agent Instructns
IDX
Listing Office: AFM Real Estate
Office Phone: 865-248-8315
Last Updated: September - 17 - 2024
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.