7055 Mooneyham Lonewood Road
Spencer, TN, 38585 $ 1,500,000
Bedrooms7 Baths4.2 Sq 4,167 Monthly Estimate*
$ 9,471
for $1,500,000 with 7 bedrooms and 4 full baths, 2 half baths. This 4,167 square foot home was built in 1941 on a lot size of 40.86.
Welcome to 7055 Mooneyham Lonewood Rd., a truly one-of-a-kind country estate set on 40.86 acres of mostly cleared, gently rolling farmland, with an additional 30 acres of fenced pasture available for purchase. Whether you're searching for a working farm, equestrian property, family retreat, hunting getaway, or a multi-generational homestead, this unrestricted property offers the space, versatility, and peaceful setting to make it your own, with the opportunity to expand if desired. Designed for livestock and agricultural living, the property features multiple fenced pastures with lush grazing grass, a corral, and no restrictions on livestock. Two well-stocked ponds, wooded trails, and abundant wildlife, including deer and turkey, create an outdoor enthusiast's paradise with exceptional hunting and recreation right on your own property. An established garden filled with cucumbers, squash, okra, corn, tomatoes, lilies, and sunflowers provides fresh seasonal harvests and adds to the property's charm. The property includes two barns, one of which features five horse stalls, a spacious loft, and a dedicated storage room, making it ideal for equestrian use or daily farm operations. Two additional outbuildings offer endless possibilities as guest accommodations, summer camp housing, workshops, hobby spaces, or additional storage. Rich in history, the residence was originally a schoolhouse before being thoughtfully refurbished and expanded in the early 2000s into the spacious home it is today. Offering 7 bedrooms, 4 full bathrooms, and 2 half bathrooms, the unique floor plan features two separate living quarters, each complete with its own living room, kitchen, bedrooms, and bathrooms, creating an ideal setup for multi-generational living, extended family, guests, or potential rental income. Inside the main living area, soaring ceilings, abundant natural light, and generous gathering spaces create a warm and inviting atmosphere.
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FeaturesGeneralLiving Area 4167
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Other
Garage Spaces 3
Construction Materials Vinyl Siding Other Brick
Year Built 1941
Topography Rolling Slope Private Other
Levels Three Or More
Property Subtype Single Family Residence
County Van Buren County TN
New Construction N
Property Type Residential
Attached Garage Y
Subdivision Name None
Garage Y/N Y
Full Baths 4
Status Active
Buyer Financing Other Conventional USDA
High School Van Buren Co High School
City Spencer
Senior Community Y/N N
Lot Size Units Acres
Elementary School Spencer Elementary
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 1703
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorInterior Amenities Ceiling Fan(s) Walk-In Closet(s)
Flooring Carpet Tile
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 2
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 7
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 6
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ExteriorParking Features Attached Asphalt Circular Driveway Driveway
Lot Features Rolling Slope Private Other
Water Source Public
Total Parking 3
Lot Size Area 40.86
Building Area Total 4167
Lot Dimensions 0
Lot Size Acres 40.86
Lot Size Source Agent Calculated
Waterfront Y/N N
Covered Spaces 3
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* Excluded FeaturesList ByGreater Downtown Realty Dba Keller Williams RealtyBroker
team@asherblackrealtor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,471
- Monthly Property Taxes
- $142
- 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.
Learn more about how to save NearbySingle family listings in Spencer, TN
Average List Price $484,676
Percent of Sale Price 68%
About Spencer, TN 1,520 Population
1% Since 2002
$ 40,652 Median Income
45.38 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
245105 Elementary School
5269486 Middle School
Van Buren Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $1,500,000 | | Listed Price |