124 Peninsula Road Madisonville, TN $ 449,000
124 Peninsula Road
$ 449,000
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124 Peninsula Road

Madisonville, TN, 37354
$ 449,000
Bedrooms3 Baths2.0 Sq 1,896

Monthly Estimate*

$ 2,835

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Single Family Home for sale in Madisonville, TN

for $449,000 with 3 bedrooms and 2 full baths. This 1,896 square foot home was built in 1978 on a lot size of 0.52.

: **Motivated seller! Sellers have a new home under contract and ready to sell!** Welcome to lake living in the gated community of Laurel Mountain Lakes. This 3 bedroom, 2 bath home offers approximately 1,896 square feet and the perfect blend of comfort, privacy, and waterfront access. The main level features two spacious bedrooms, a full bath, laundry area, and an open floor plan designed for everyday living and entertaining. The kitchen includes tall solid wood cabinetry that extends toward the vaulted ceilings, creating a warm focal point that opens to the living area. The living room features a unique 360-degree wood-burning fireplace, adding character and cozy ambiance. Step outside onto the sun deck and enjoy peaceful views of Laurel Mountain Lakes, an ideal spot for morning coffee or relaxing at the end of the day. The lower level offers additional flexibility with a kitchenette, bonus area, and a private primary suite with a full bath, making it suitable for guests, extended family, or a private retreat. Just outside the lower level is a screened porch with porch curtains, providing a comfortable outdoor space to enjoy the evening air. This lakefront property includes a private dock with direct access to the 60-acre lake where residents enjoy kayaking, swimming, fishing, and other water activities. Located at the end of a peninsula, the property offers deeper water and added privacy. The home is surrounded by attractive landscaping and features a well-designed outdoor entertaining area with a grilling space and a stone and wood outdoor fireplace, creating a great setting for gatherings. The outdoor area also includes a dining space with a large rustic table positioned to take in sunset views over the water. A front deck facing the lake provides an additional outdoor space to enjoy sunrise views. Additional features include a whole-house water filtration system with reverse osmosis and an active yearly maintenance program.

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Single Family Contingent

Price

$ 449,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,034

Style

Lot Size

0.52

Year Built

1978

Town/City

Madisonville

County/Region

Monroe

MLS | Web ID

3215142

Features
General
Living Area 1896
Sewer Septic Tank
Heating Central Electric
Cooling Other Central Air
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Electric Range Dishwasher Dryer Washer Refrigerator Microwave
HOA Fee 550
Association Fee Includes Trash
Patio/Porch Features Deck Covered Porch
Architectural Style Other
Security Features Security Gate Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1978
View Lake
Stories Count 2
Topography Sloped Wooded
Levels Three Or More
Property Subtype Single Family Residence
Assoc Fee Paid Per Annually
County Monroe County TN
New Construction N
Property Type Residential
Association Amenities Gated
Attached Garage N
Contingency Financing
Subdivision Name Laurel Lake
Full Baths 2
Status Under Contract - Showing
Buyer Financing Conventional FHA USDA VA Other
Directions 17 min (8.4 miles) via TN-68 S Fastest route now due to traffic conditions Hardee's 4750 New Hwy 68 Madisonville TN 37354 Exit the parking lot toward TN-68 S 51 sec (463 ft) Turn right onto TN
City Madisonville
Senior Community Y/N N
Lot Size Units Acres
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 1034
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings High Speed Internet
Basement Finished Crawl Space
Flooring Carpet Luxury Vinyl
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Dock
Parking Features Circular Driveway Driveway Gravel
Lot Features Sloped Wooded
Water Source Public
Total Parking 0
Lot Size Area 0.52
Building Area Total 1896
Lot Dimensions 214.8 X 147 IRR
Lot Size Acres 0.52
Waterfront Y/N N
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Internal Only
Street Number 1 124
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* Excluded Features
List By
East Tennessee Properties Llc

Broker

etp.barbara@gmail.com

Email

Affordability Calculator

$2,921
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,835
Monthly Property Taxes
$86
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2026$449,000 Listed Price

Map


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124 Peninsula Road, Madisonville, TN, 37354 is a Single Family Home for sale at $449,000 with 1,896 sqft and a lot size of 0.52. 124 Peninsula Road has 3 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 37354 which is in Madisonville, TN