632 Hiwassee Rd, Madisonville, Tennessee 37354

TN, Madisonville
$4,999,900 $4,999,000
  • Coming Soon Status
  • 247 Dayz On Cribz Total Days
  • Farm Property Type
  • 16.06 Acres Lot/Land Size
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

Prime Development Opportunity in the Heart of Madisonville
Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location.
Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand.
The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal.
An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment.
This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.

Property Details
  • Property Type: Farm
  • Listing Type: For Sale
  • MLS #: 3164707
  • Price: $4,999,900
  • Lot Area: 16.06 Acre
  • Office Name: RE/Max First
  • Agent Name: Luke Thompson
  • Listing Status: Coming Soon
Location Info
  • Street Number: 632
  • Street: Hiwassee Rd
  • City Madisonville
  • State TN
  • Zipcode 37354
  • County Monroe County, TN
  • Longitude: W85° 38' 17.7''
  • Latitude: N35° 32' 43.4''
  • Directions: Selling for land value Home is being sold as is Do not show without an appointment
Additional Info
  • Lot Features: Cleared, Rolling Slope, Other
  • Lot Size Dimensions: 415126
  • On Market Date: March 30th, 2026
  • Previous Price: $4,999,000
Financial
  • Annual Tax Amount: $1,261
Listing Data
  • Mls Status: Coming Soon / Hold
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Aug 25th, 2026 @ 4:53pm
  • Status Change Timestamp: Jul 17th, 2026 @ 8:25pm
mls grid

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