OFF MARKET

Off Market May 2023 for $885K

$947,320

•

6,406

sq ft

124 Old State Rd, Madisonville, TN 37354

About this home

Executive Country Estate: Located in the up-and-coming Madisonville, TN, this home contains acres of privacy and modern high-end luxury. House is fully updated and upgraded with granite, new appliances and high-end wood finishings and more! 5 bedrooms, 4.5 baths, massive private saltwater pool, workout room, game room, private office, regal mayoral columned entrance, mud room, butlers' entrance, swimming pool, 3 garages, and 4 fireplaces are just the beginning of this luxury mountain retreat. Both the roof and HVAC unit are brand new replaced in April of 2022 with transferable warranties. Home like this rarely go on the market, so don't miss your opportunity at a once in a lifetime home. Buyer to verify all information including square footage.

Single-familyProperty Type

1994Year Built

5.8 acresLot Size

$148Est. Price/Sq.Ft.

3 car garageParking

Listed by Corrina Ashe • Tellico Mountain Realty

Contact: 4232615480

Bought with Katie Morrell • Compass RE

Redfin checked: a minute ago

•Source:REALTRACS as Distributed by MLS Grid #3172491

Redfin Estimate

$947,320

$62K since sold in May 2023$45K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 163.1% higher than the average sale price ($360K) of 5 comparable homes.

SOLD AUG 13, 2026
$175,000
A
4 beds2 baths2,400 sq ft
413 Countryside Ln, Madisonville, TN 37354
SOLD JUL 29, 2026
$215,000
B
3 beds2.5 baths2,695 sq ft
7861 New Highway 68, Tellico Plains, TN 37385
SOLD JUL 9, 2026
$535,000
C
4 beds2.5 baths2,191 sq ft
1038 Reagan Valley Rd, Tellico Plains, TN 37385
SOLD JUL 1, 2026
$81,000
D
Land— sq ft
197 County Road 468, Englewood, TN 37329
SOLD JUN 12, 2026
$794,000
E
3 beds4.5 baths6,612 sq ft
5128 New Highway 68, Madisonville, TN 37354

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Earn from this home

Rent

$4,989/mo

Redfin rental estimate

List your home for rent

Market trends in 37354, TN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.0%

0.8% MoM

Median sale price

$345K

$11K MoM

Avg. days on market

64d

7 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 7 HRS AGO
$699,900
3 beds3 baths2,259 sq ft
128 Chinquapin Ln, Madisonville, TN 37354
(865) 983-0011
NEW
$449,500
1 bed2.5 baths1,458 sq ft
661 Laurel Lake Cir, Madisonville, TN 37354
COMING SOON
$5,550,000
4 beds3.5 baths6,784 sq ft
6999 New Highway 68, Madisonville, TN 37354
NEW
$279,000
2 beds2 baths1,421 sq ft
176 Pleasant Dr, Madisonville, TN 37354
NEW
$379,900
3 beds2 baths2,081 sq ft
220 Autumn Ln, Madisonville, TN 37354
$335,000
3 beds2 baths1,100 sq ft
230 Ingram Rd, Madisonville, TN 37354
(865) 966-2121
$350,000
3 beds1 bath1,454 sq ft
2761 U.s. 411, Madisonville, TN 37354
(423) 519-3258
FOR SALE BY OWNER
$675,000
2 beds3 baths1,344 sq ft
172 Little Notchey Creek Rd, Madisonville, TN 37354
$439,900
4 beds2.5 baths2,540 sq ft
294 Cherokee Cir, Madisonville, TN 37354
(423) 405-5157
$689,900
3 beds2.5 baths2,916 sq ft
371 Plaza Dr, Madisonville, TN 37354
See all

Provided by Redfin

Sale history for 124 Old State Rd

Date

Event

Price

REALTRACS as Distributed by MLS Grid #3172491

May 4, 2023

Sold

$885,000

$138/sq ft

Apr 4, 2023

Listed

$974,900

$152/sq ft

Knoxville MLS #1191854

May 4, 2023

Sold

$885,000

$138/sq ft

Apr 5, 2023

Contingent

—

Feb 15, 2023

Price Changed

$974,900

$152/sq ft

Oct 11, 2022

Price Changed

$1,100,000

$172/sq ft

Aug 4, 2022

Price Changed

$1,349,900

$211/sq ft

May 18, 2022

Listed

$1,399,900

$219/sq ft

+55

RCAOR #20222674

May 4, 2023

Sold

$885,000

$138/sq ft

May 18, 2022

Listed

$974,900

$152/sq ft

+66

Knoxville MLS #549170

May 30, 2008

Sold

$474,900

$74/sq ft

Apr 18, 2007

Listed

$519,900

$81/sq ft

Knoxville MLS #516013

Aug 28, 2006

Listed

$549,000

$86/sq ft

Public Records

Mar 17, 2005

Sold

$410,000

$64/sq ft

Knoxville MLS #326485

Jul 30, 2004

Sold

$390,000

$61/sq ft

Jun 15, 2003

Listed

$410,000

$64/sq ft

Public Records

Apr 18, 2000

Sold

$277,000

$43/sq ft

Tax history for 124 Old State Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

252,648

Year renovated

2025

Sq. Ft.

6,406

Year built

1994

Style

Single Family Residential

County

Monroe County

APN

114 05100 000

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Yes

Features

Views, Pool

Last updated by owner on May 6, 2025.

Property details

Parking

Parking Information
Covered Spaces: 3
Parking Total: 3
Parking Features: Attached
Garage Spaces: 3
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 5

Bathroom Information
# of Full Baths (Total): 4
# of Half Baths (Total): 1

Room 1 Information
Room Type: Bedroom 1

Room 2 Information
Room Type: Dining Room
Room Features: Formal

Room 3 Information
Room Type: Kitchen
Room Features: Pantry

Room 4 Information
Room Type: Living Room
Room Features: Great Room

Room 5 Information
Room Type: Other Room
Room Features: Utility Room

Laundry Room Information
Laundry Features: Washer Hookup, Electric Dryer Hookup

Basement Information
Basement Features: Finished

Fireplace Information
Has Fireplace
# of Fireplaces: 4

Heating & Cooling
Has Heating
Heating Information: Central, Electric, Natural Gas
Has Cooling
Cooling Information: Central Air

Interior Features
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Oven, Trash Compactor
Flooring: Carpet, Laminate, Tile

Exterior

Building Information
Construction Materials: Other, Brick

Exterior Features
Patio And Porch Features: Patio

Property Information
Other Equipment: Intercom
Property Type: Residential
Property Sub Type: Single Family Residence
Has View
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Owner
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Owner

Lot Information
Lot Features: Wooded, Other, Level
Lot Size Area: 5.8
Lot Size Units: Acres
Lot Size Acres: 5.8
Lot Size Dimensions: 5.80
Lot Size Source: Assessor

Financial

Tax Information
Tax Annual Amount: $2,500

Utilities

Utility Information
Utilities: Electricity Available, Natural Gas Available

Location

Location Information
Directions: From Highway 68 in Madisonville to right on Old State Road then a direct right on Homestead drive home to top of drive
Topography: Wooded,Other,Level

Public facts

Beds: 5
Baths: 4.5
Sq. Ft.: 6,406
Stories: 2.0
Parking Spaces: 3
Basement: Yes
Accessible: No
Lot Size: 5.8 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 2025
County: Monroe County
APN: 114 05100 000
HOA Dues: —
Garage: Yes
Features: Views, Pool

Home facts updated by owner on May 6, 2025

Other

Home Information
Living Area: 6406
Living Area Units: Square Feet
Living Area Source: Owner
Building Area Total: 6406
Building Area Units: Square Feet
Building Area Source: Owner
Year Built Details: Existing
Levels: Three Or More
Security Features: Security System, Smoke Detector(s)

Around this home

Schools

Tellico Plains Elementary School

Public PreK-4 • Assigned • 4.3mi

5/10

Tellico Plains Junior High School

Public 5-8 • Assigned • 4.5mi

5/10

Tellico Plains High School

Public 9-12 • Assigned • 5.0mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

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

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 103° expected this year, 18 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Madisonville, TN • 37354

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

9.3 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$900,000 – $1.09M

Sell confidently with a local market expert in Madisonville. 3 minutes to get started.

Nearby similar homes

$499,900

3 beds2.5 baths2,016 sq ft

504 Burger Branch Rd, Englewood, TN 37329

(423) 836-4100

$350,000

3 beds2 baths1,246 sq ft

2656 Ballplay Rd, Madisonville, TN 37354

3D WALKTHROUGH

$1,750,000

4 beds2.5 baths3,622 sq ft

189 Michael Ln, Madisonville, TN 37354

(931) 248-6785

$555,000

3 beds2.5 baths1,741 sq ft

582 Bethlehem Rd, Madisonville, TN 37354

$295,000

3 beds2 baths1,680 sq ft

650 Gamble Gap Rd, Tellico Plains, TN 37385

3D WALKTHROUGH

$589,909

3 beds2 baths1,662 sq ft

188 Happy Hollow Rd, Madisonville, TN 37354

New listings for sale in 37354

NEW 7 HRS AGO

$699,900

3 beds3 baths2,259 sq ft

128 Chinquapin Ln, Madisonville, TN 37354

(865) 983-0011

NEW

$449,500

1 bed2.5 baths1,458 sq ft

661 Laurel Lake Cir, Madisonville, TN 37354

COMING SOON

$5,550,000

4 beds3.5 baths6,784 sq ft

6999 New Highway 68, Madisonville, TN 37354

NEW

$279,000

2 beds2 baths1,421 sq ft

176 Pleasant Dr, Madisonville, TN 37354

NEW

$379,900

3 beds2 baths2,081 sq ft

220 Autumn Ln, Madisonville, TN 37354

$335,000

3 beds2 baths1,100 sq ft

230 Ingram Rd, Madisonville, TN 37354

(865) 966-2121

$350,000

3 beds1 bath1,454 sq ft

2761 U.s. 411, Madisonville, TN 37354

(423) 519-3258

FOR SALE BY OWNER

$675,000

2 beds3 baths1,344 sq ft

172 Little Notchey Creek Rd, Madisonville, TN 37354

$439,900

4 beds2.5 baths2,540 sq ft

294 Cherokee Cir, Madisonville, TN 37354

(423) 405-5157

Home values near 124 Old State Rd

Data from public records.

Address	Redfin Estimate
120 Old State Road, Madisonville, TN - Beds \| 3 Baths \| 2750 Sq. Ft.	$532,675
207 Homestead Road, Madisonville, TN 6 Beds \| 4 Baths \| 3344 Sq. Ft.	$477,302

Address	Redfin Estimate
147 Homestead Road, Madisonville, TN 3 Beds \| 2 Baths \| 2074 Sq. Ft.	$388,220
7740 Highway 68, Madisonville, TN - Beds \| 4 Baths \| 2248 Sq. Ft.	$476,879

Address	Redfin Estimate
191 Homestead Road, Madisonville, TN 3 Beds \| 2 Baths \| 2346 Sq. Ft.	$434,444
208 Homestead Road, Madisonville, TN - Beds \| 2 Baths \| 2094 Sq. Ft.	$306,401

Property information provided by REALTRACS as Distributed by MLS Grid when last listed in 2023. This data may not show owner updates. Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 37354, TN

Sale history for 124 Old State Rd

Tax history for 124 Old State Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 37354

Home values near 124 Old State Rd

More real estate resources