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Lot 240-242 Laurel Mountain Rd, Madisonville, 37354
Priced At: $114,990
Property Details for ID: 1306683
MLS Status: Active
Property Type: Land
On Market Date: 2025-07-01T01:31:20Z
Subdivision: Laurel Mountain Lake
Public Remarks: Welcome to your private mountain retreat in the beautiful Laurel Mountain Lake community. This exceptional 8.34-acre homesite sits at the top of Laurel Mountain Drive, where the paved road turns to gravel, offering end-of-the-road privacy and breathtaking mountain views. With a driveway already in place and a gently rolling to steep wooded landscape, this property is perfect for your custom home or weekend getaway. Nestled inside a gated lake community, Lot 240-242 provides both seclusion and amenities. Residents enjoy exclusive access to a private 54-acre lake, ideal for fishing, kayaking, canoeing, and swimming. No power boats are allowed, preserving the peace and tranquility of the natural setting. The community also features a beach area, picnic spots, a playground, and miles of serene forest. Located just 15 minutes to Madisonville and 25 minutes to healthcare in Sweetwater, this property offers the rare combination of mountain living with convenient access to nearby towns. Minimal restrictions allow flexibility in building, with electricity, water, and telephone utilities available. Whether you're planning to build your forever home or looking for a quiet mountain escape, this property delivers the perfect backdrop for enjoying nature, serenity, and stunning views in the heart of East Tennessee.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
Exterior Features
Property Details
Utilities
Financing
HOA Information
HOA Fee: 550
HOA Freq: Yearly
HOA Contact: Wes Houghton 239-213-8503
Community Features
Outbuildings
Up Coming Open Houses
Directions
From State Route 68, turn onto Big Creek Road. Continue to Laurel Branch Road, which becomes Laurel Lake Circle. Follow the road to a sharp right, then an immediate sharp left onto Laurel Mountain Drive. Proceed up the mountain—Lot 240 is located near the top, at the point where the road turns to gravel. As a reference, a gate marking Lot 242 (Parcel 115 035.09)
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!