FOR SALE BY OWNER

For sale

$585,000

Est. $3,492/mo —

•

3 ba

•

1,590

sq ft

3040 Shipley Rd, Cookeville, TN 38501

About this home

This cute home sits on 2.5 acres in a great location just outside city limits, less than 3 miles from Tennessee Tech University. Kitchen Features custom built cabinets, built in appliances, an island with gas stovetop. Master bedroom with walk in closet, master bath with jetted tub. Second bath with walk-in tub. Natural gas heat. Basement, (Mother-In-Law quarters) is finished with kitchen, bedroom, full bath, sitting area, closets and plenty of storage. Workshop/garage is X-Lg, RV accessible measuring -40x50 ft with automatic doors. Would make a great mechanic shop. There is also a 40x20 open area on the back of this building for stalls or equipment. Fenced pasture. A lot of extras. Come see for yourself.

Single-familyProperty Type

2022Year Built

2.5 acresLot Size

$368Price/Sq.Ft.

Source:ForSaleByOwner.com #24358888

Payment calculator

$3,492 per month

Principal and interest$3,193

Property taxes

$192

HOA dues

Home insurance

$107

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Today

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 10AM TO 12PM
$220,000
2 beds1 bath912 sq ft
105 Phillips St, Cookeville, TN 38506
0.34 acre lot • Garage • Built 1991
OPEN SAT, 11AM TO 1PM
$344,900
3 beds2 baths1,743 sq ft
4887 Hilham Rd, Cookeville, TN 38506
0.37 acre lot • 2 garage spots • Built 2018
OPEN SAT, 11AM TO 1PM
$379,900
3 beds2 baths1,652 sq ft
2109 Iris Ln, Rickman, TN 38580
0.47 acre lot • 2 garage spots • Built 2016
OPEN SAT, 12PM TO 2PM
$420,000
3 beds2 baths2,101 sq ft
1021 Buffalo Valley Rd, Cookeville, TN 38501
1.7 acre lot • Built 1951 • Listed 35 days
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$329,999
3 beds2 baths2,448 sq ft
128 Park Rd, Livingston, TN 38570
1.06 acre lot • 3 garage spots • Built 1995
OPEN SUN, 12PM TO 2PM
$249,900
2 beds1 bath1,312 sq ft
7210 Brotherton Mountain Rd, Cookeville, TN 38506
0.53 acre lot • 3 parking spots • Built 1960
OPEN SUN, 12:30PM TO 2PM3D WALKTHROUGH
$349,929
3 beds1.5 baths1,975 sq ft
2600 Pine Valley Rd, Cookeville, TN 38506
2 acre lot • 2 garage spots • Built 2001
OPEN SUN, 1PM TO 3PM
$549,900
3 beds3.5 baths2,421 sq ft
104 Downton North Dr, Cookeville, TN 38501
2 garage spots • Built 2021 • Listed 7 days
OPEN SUN, 1PM TO 3PM
$274,900
3 beds1 bath1,248 sq ft
1283 Goodwin Rd, Cookeville, TN 38501
0.5 acre lot • Garage • Built 1967
OPEN SUN, 2PM TO 3:30PM3D WALKTHROUGH
$350,000
3 beds2.5 baths1,616 sq ft
1137 Cross Pointe Dr, Cookeville, TN 38506
8,276 sq ft lot • 2 garage spots • Built 2018

Around this home

Schools

K - 12
Preschool & daycare

Sycamore Elementary School

Public PreK-4 • Assigned • 2.7mi

4/10

Avery Trace Middle School

Public 5-8 • Assigned • 4.9mi

5/10

Cookeville High School

Public PreK-12 • Assigned • 3.2mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

3040 Shipley Rd · $585,000

DAYS ON MARKET

The average home goes pending in 79 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median sale price in this area is $381,255. (35% lower than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Sale and tax history for 3040 Shipley Rd

Sale History
Tax History

Date

Event

Price

REALTRACS #3185078

Nov 9, 2026

Contingent

—

Aug 31, 2026

Price Changed

$565,929

$356/sq ft

Jul 21, 2026

Price Changed

$589,929

$371/sq ft

May 22, 2026

Price Changed

$594,929

$374/sq ft

Apr 30, 2026

Listed

$574,929

$362/sq ft

UCMLS #244003

Nov 9, 2026

Contingent

—

Sep 2, 2026

Price Changed

$565,929

$356/sq ft

Jul 21, 2026

Price Changed

$589,929

$371/sq ft

May 22, 2026

Price Changed

$594,929

$374/sq ft

Apr 30, 2026

Listed

$574,929

$362/sq ft

+22

CUSTOM BUILT! Located on 2.53 acres just minutes from downtown Cookeville, TTU & CRMC, 3040 Shipley Rd offers the kind of flexibility buyers are searching for but rarely find. Immediately this one feels like HOME with a private driveway and fenced pasture for horse or other animals you enjoy. Whether you need space for multi-generational living, a home based business, hobbies, or room to spread out, this property delivers. The main level offers a convenient primary suite w/ ensuite bath + add'l guest bedroom, while thoughtful details throughout the home create warmth & functionality in every space. Downstairs, the finished walkout basement features a kitchenette, dedicated office/flex room, & oversized recreational area ideal for extended family, guests, teens, or a private retreat. The detached 40x50 workshop/garage creates endless possibilities for equipment, storage, projects, or entertaining, & the expansive yard offers privacy, play space, & peaceful country living without giving up convenience, Cookeville.

Knoxville MLS #1338952

Nov 9, 2026

Pending

—

Sep 10, 2026

Pending

—

Aug 31, 2026

Price Changed

$565,929

$356/sq ft

Jul 21, 2026

Price Changed

$589,929

$371/sq ft

May 22, 2026

Price Changed

$594,929

$374/sq ft

Apr 30, 2026

Listed

$574,929

$362/sq ft

+22

ForSaleByOwner.com #24358888

Jun 4, 2026

Price Changed

$585,000

$368/sq ft

Nov 16, 2025

Listed

$600,000

$377/sq ft

Knoxville MLS #1005808

Jun 19, 2017

Listing Removed

—

Apr 24, 2017

Listed

$624,900

$393/sq ft

REALTRACS #1751367

Jul 7, 2017

Listing Removed

—

Jul 27, 2016

Listed

$279,000

$175/sq ft

Knoxville MLS #973274

Jul 27, 2016

Listed

$123,900

$78/sq ft

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2.53 Acres

Year renovated

2022

Finished Sq. Ft.

3,180

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,180

Year built

2022

Style

Single Family Residential

County

Putnam County

APN

017 06004 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 103° expected this year, 20 days in 30 years

3/10 Wind Factor

8% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Cookeville, TN • 38501

Average low and high temperatures (°F)

43°

25°

53°

33°

67°

45°

75°

53°

76°

58°

84°

66°

88°

71°

84°

65°

81°

60°

70°

50°

62°

43°

51°

35°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Cookeville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 3040 Shipley Rd

$567,485

$18K under list price of $585K

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $275K to $405K.

SOLD OCT 15, 2026
$380,000 Last sold price
2 beds1 bath1,676 sq ft
1113 Goodwin Rd, Cookeville, TN 38501
$141/sq ft
larger lot
74 years older
SOLD AUG 19, 2026
$277,500 Last sold price
3 beds2 baths1,260 sq ft
3914 Kings Ct, Cookeville, TN 38501
Listing provided by realtracs
$148/sq ft
smaller lot
17 years older
SOLD AUG 14, 2026
$275,000 Last sold price
3 beds2 baths1,636 sq ft
344 E 18th St, Cookeville, TN 38501
Listing provided by realtracs
$200/sq ft
smaller lot
65 years older
SOLD APR 13, 2026
$388,250 Last sold price
3 beds3 baths2,492 sq ft
1410 Biltmore Cir, Cookeville, TN 38501
$212/sq ft
smaller lot
28 years older
SOLD AUG 18, 2026
$405,000 Last sold price
3 beds2 baths1,768 sq ft
1349 Pippin Rd, Cookeville, TN 38501
$139/sq ft
smaller lot
1 year newer

Rental earnings

Est. $2,180 per month, based on comparable rentals

Tour for free, no strings attached

Instant answers, or connect with a local agent

Start an offer