Three Points, Madisonville, TN 37354

$2,550,000

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Sold Price
$2,550,000
List Price
$2,800,000
Closing Date
Aug 30, 2024
MLS#
1246374
Status
CLOSED
Type
Land
City
Madisonville
County
Monroe
Lot Size
25,351,920

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.

Additional Information

Acres
582
Lot Description
Private, Rolling, Wooded, Rolling Slope, Other
Lot Dimensions
irregular
Zoning
Zoned Agricultural

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Calculator source: Real Geeks

Agent: Jake Almond |

Office: AFM Real Estate |

Selling Office: .