Build Your Dream Home in Clearwater Cove! Discover the perfect setting for your future home on this beautiful 2.96-acre lot in the sought-after Clearwater Cove lake community in Madisonville. Nestled along the peaceful shores of Tellico Lake, this gated neighborhood features upscale homes, breathtaking natural surroundings, and a relaxed lifestyle. Enjoy stunning views of the lake and the majestic Cherokee National Forest mountains while taking advantage of the community's convenient location--just one hour from Knoxville and only 20 minutes from shopping, dining, and golf. Whether you're looking for a private retreat or a place to build your forever home, this exceptional property offers the space, scenery, and serenity you've been searching for. Don't miss this opportunity to own a piece of East Tennessee paradise!
Vacant landProperty Type
2.96 acresLot Size
$14,020Price/Acres
Listed by Barbara Ratledge• East Tennessee Properties LLC
Listed by Jason Ratledge• East Tennessee Properties LLC
Contact: 4235196287
Bought with Ann Drake• Realty Executives Associates
Price Reduction! Great value on this beautiful acreage lot in Madisonville! Come check out this 2.96 acre lot in a lake community of beautiful homes! Situated on the tranquil shores of Tellico Lake, Clearwater Cove is the perfect place to build your dream home. This gated community, just an hour from Knoxville and 20 minutes from local shopping, dining and golf, offers stunning views of the lake and the Cherokee National Forest Mountains. Residents can enjoy convenient access to a community covered marina and boat ramp with low boat slip fees of only $300 a year! In addition, the neighborhood offers boat trailer and RV parking! Modern amenities include new fiber optic internet and underground utilities, maintained by the HOA for peace of mind. Lots have already been approved for 4 bedroom septic! Unlike many lake neighborhoods, sq ft minimums are not outrageous, so you can build a mansion if you desire, but you don't have to if downsizing is more your style. Whether fishing and boating are your passion (these Tennessee waterways connect to the Gulf!) or you just are seeking a quiet life with a large private lot, Clearwater Cove is a neighborhood worth checking out!
Knoxville MLS #1259522
Mar 5, 2025
Listing Removed
—
Apr 16, 2024
Listed
$39,900
Knoxville MLS #1214497
Jul 1, 2023
Listing Removed
—
Jan 3, 2022
Listed
$34,900
Knoxville MLS #664072
May 7, 2009
Listed
$80,000
Knoxville MLS #634699
Sep 19, 2008
Listed
$80,000
Year
Property tax
Land + Additions
Assessment*
2025
$177
2024
$177
2023
$177 (−21.0%)
2022
$224
2021
$224
2020
$224 (+13.1%)
2019
$198
2018
$198 (−5.3%)
2017
$209
2016
$209
2015
$209
2014
$209
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.96 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Monroe County
APN
070 05934 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
Property details
Parking
Parking Information
Parking Total: 0
Exterior
Property Information
Property Type: Land
Has View
Land Information
Current Use: Residential
Lot Information
Lot Features: Rolling Slope, Level
Lot Size Area: 2.96
Lot Size Units: Acres
Lot Size Acres: 2.96
Lot Size Dimensions: 127 x 396 x 485 x 638
Lot Size Source: Assessor
Road Surface Type: Other, Paved
Road Frontage Type: County Road
Financial
Tax Information
Tax Annual Amount: $177
Location
HOA Information
Association Amenities: Gated
Location Information
Directions: Take Ballplay Road from Madisonville. Continue about 8 miles. Turn left onto Scenic River Road. Follow Scenic River Road for approximately 2.5-3.5 miles. Turn right into Clearwater Cove (gated community). Take the first right onto Springwater Run. Continue on Springwater Run to your destination. Listings in the area often use 108 Springwater Run, Madisonville, TN 37354 as a GPS reference point.
Topography: Rolling Slope,Level
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2.96 acres
Style: Other
Year Built: —
Year Renovated: —
County: Monroe County
APN: 070 05934 000
Home facts updated by county records on Sep 25, 2026
Other
Home Information
Security Features: Security Gate
Around this home
Schools
Madisonville Intermediate School
Public 3-5 • Assigned • 7.0mi
4/10
Madisonville Middle School
Public 6-8 • Assigned • 7.1mi
5/10
Sequoyah High School
Public 9-12 • Assigned • 5.4mi
5/10
Provided by GreatSchools
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
6/10 Heat Factor
7 days above 103° expected this year, 21 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, 3 days in 30 years
Provided by First Street
Historical weather
Madisonville, TN • 37354
Average low and high temperatures (°F)
46
27
56
35
69
45
76
53
77
59
86
66
90
71
85
66
83
61
74
50
65
43
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$49,000 – $59,000
Sell confidently with a local market expert in Madisonville.