124 Peninsula Rd, Madisonville, TN 37354 (MLS# 1332665)

124 Peninsula Rd, Madisonville, TN 37354

New

$449,000

Property Type: Single Family Bedrooms: 3 Square Footage: 1,896 Lot Size (sq. ft.): 22,651 Status: Active

Current Price: $449,000 List Date: 4/06/2026 Last Modified: 4/11/2026

Overview

Description

**Motivated seller! Sellers have a new home under contract and ready to sell!** Welcome to lake living in the gated community of Laurel Mountain Lakes. This 3 bedroom, 2 bath home offers approximately 1,896 square feet and the perfect blend of comfort, privacy, and waterfront access. The main level features two spacious bedrooms, a full bath, laundry area, and an open floor plan designed for everyday living and entertaining. The kitchen includes tall solid wood cabinetry that extends toward the vaulted ceilings, creating a warm focal point that opens to the living area. The living room features a unique 360-degree wood-burning fireplace, adding character and cozy ambiance. Step outside onto the sun deck and enjoy peaceful views of Laurel Mountain Lakes, an ideal spot for morning coffee or relaxing at the end of the day. The lower level offers additional flexibility with a kitchenette, bonus area, and a private primary suite with a full bath, making it suitable for guests, extended family, or a private retreat. Just outside the lower level is a screened porch with porch curtains, providing a comfortable outdoor space to enjoy the evening air. This lakefront property includes a private dock with direct access to the 60-acre lake where residents enjoy kayaking, swimming, fishing, and other water activities. Located at the end of a peninsula, the property offers deeper water and added privacy. The home is surrounded by attractive landscaping and features a well-designed outdoor entertaining area with a grilling space and a stone and wood outdoor fireplace, creating a great setting for gatherings. The outdoor area also includes a dining space with a large rustic table positioned to take in sunset views over the water. A front deck facing the lake provides an additional outdoor space to enjoy sunrise views. Additional features include a whole-house water filtration system with reverse osmosis and an active yearly maintenance program. The HVAC system is serviced every six months, and the home is currently under a termite protection plan. This well-maintained lakefront property offers a unique opportunity to enjoy waterfront living in the Laurel Mountain Lakes community.

Listing Details MLS# 1332665

Location Tax Legal Info

House #: 124
Street Name: Peninsula
St Suffix: Rd
State/Province: TN
Zip Code: 37354
PIN #: 115G B 02100 000
Subdivision: Laurel Lake

Contract Info

Auction Y/N: No
Listing Price: 449000

General Property Description

Type: Basement Ranch
Acres: 0.52
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 1896
SqFt - Main Lvl: 1128
SqFt - Down Lvl: 768
# Bedrooms: 3
Baths - Full: 2
# of Rooms: 6
Fireplace: Yes
# Fireplace: Yes
Property Status: N/A
HOA: Mandatory
HOA Fee: 550
HOA Freq: Yearly
HOA Contact: Laurel Lakes Association
Year Built: 1978
Bonus Room: Yes
Extra Storage: Yes
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
Basement: Yes

Status Change Info

Status Change Date: 2026-04-06

Location, Tax & Legal Info

Area: Monroe County - 33
Property Sub-Type: Residential
City/County Code: County
Total Tax: 1033.98

Remarks & Misc

Directions: 17 min (8.4 miles) via TN-68 S Fastest route now due to traffic conditions Hardee's 4750 New Hwy 68, Madisonville, TN 37354 Exit the parking lot toward TN-68 S 51 sec (463 ft) Turn right onto TN-68 S 6 min (5.1 mi) Continue on Bethlehem Rd. Take Bethlehem Church Rd, Laurel Branch Rd and Laurel Lake Cir to Peninsula Rd 9 min (3.2 mi) 124 Peninsula Rd Madisonville, TN 37354
Public Remarks: **Motivated seller! Sellers have a new home under contract and ready to sell!** Welcome to lake living in the gated community of Laurel Mountain Lakes. This 3 bedroom, 2 bath home offers approximately 1,896 square feet and the perfect blend of comfort, privacy, and waterfront access. The main level features two spacious bedrooms, a full bath, laundry area, and an open floor plan designed for everyday living and entertaining. The kitchen includes tall solid wood cabinetry that extends toward the vaulted ceilings, creating a warm focal point that opens to the living area. The living room features a unique 360-degree wood-burning fireplace, adding character and cozy ambiance. Step outside onto the sun deck and enjoy peaceful views of Laurel Mountain Lakes, an ideal spot for morning coffee or relaxing at the end of the day. The lower level offers additional flexibility with a kitchenette, bonus area, and a private primary suite with a full bath, making it suitable for guests, extended family, or a private retreat. Just outside the lower level is a screened porch with porch curtains, providing a comfortable outdoor space to enjoy the evening air. This lakefront property includes a private dock with direct access to the 60-acre lake where residents enjoy kayaking, swimming, fishing, and other water activities. Located at the end of a peninsula, the property offers deeper water and added privacy. The home is surrounded by attractive landscaping and features a well-designed outdoor entertaining area with a grilling space and a stone and wood outdoor fireplace, creating a great setting for gatherings. The outdoor area also includes a dining space with a large rustic table positioned to take in sunset views over the water. A front deck facing the lake provides an additional outdoor space to enjoy sunrise views. Additional features include a whole-house water filtration system with reverse osmosis and an active yearly maintenance program. The HVAC system is serviced every six months, and the home is currently under a termite protection plan. This well-maintained lakefront property offers a unique opportunity to enjoy waterfront living in the Laurel Mountain Lakes community.

More Information

Atchd/Dtchd Type

Detached: Yes

Style

Cabin: Yes

Construction

Frame: Yes

Siding

Vinyl: Yes

Fireplace

Wood Burning: Yes

Cooling

Central Cooling: Yes

Floors

Carpet: Yes
Luxury Vinyl Plank: Yes

Garage/Parking

Main Level: Yes

Basement

Finished: Yes

Lot Description

Irregular Lot: Yes
Lake/Water Access: Yes
Private: Yes
Waterfront: Yes

Fuel

Electric: Yes

View

Lake View: Yes
Lakefront: Yes
Mountain View: Yes
Wooded: Yes

Heat

Central: Yes

Community Amenities

Boat Ramp: Yes
Dock: Yes
Gated Community: Yes
Lake/Water Access: Yes
Picnic/Barbeque Area: Yes

Dining Area

Living Rm/Dining Rm: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Other Rooms

Basement Rec Room: Yes
Bedroom Main Level: Yes
Extra Storage: Yes
Great Room: Yes
Laundry/Utility: Yes
Sunroom: Yes

Exterior Features

Balcony: Yes
Deck: Yes
Dock: Yes
Porch - Covered: Yes
Porch - Screened: Yes
Prof Landscaped: Yes

Misc Features

Cathedral Ceiling(s): Yes
Kitchen Island: Yes
Walk-in Shower: Yes
Washer/Dryer Connect: Yes
Wired for Internet: Yes

Sewer

Septic Tank: Yes

Water

Public: Yes
Other: Yes

Outbuildings

Storage Shed: Yes

Association Fee Incl

Other: Yes

New Financing

Cash: Yes
Conventional: Yes
FHA: Yes
USDA/Rural: Yes
VA Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Style: Cabin Construction: Frame Siding: Vinyl Basement: Finished Lot Description: Irregular Lot; Lake/Water Access; Private; Waterfront View: Lake View; Lakefront; Mountain View; Wooded Fireplace: Wood Burning Floors: Carpet; Luxury Vinyl Plank Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Septic Tank Water: Public; Other Other Rooms: Basement Rec Room; Bedroom Main Level; Extra Storage; Great Room; Laundry/Utility; Sunroom Misc Features: Cathedral Ceiling(s); Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Balcony; Deck; Dock; Porch - Covered; Porch - Screened; Prof Landscaped Outbuildings: Storage Shed Dining Area: Living Rm/Dining Rm Community Amenities: Boat Ramp; Dock; Gated Community; Lake/Water Access; Picnic/Barbeque Area Association Fee Incl: Other Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; USDA/Rural; VA Loan

Listing Office: East Tennessee Properties, LLC

IDX

Office Phone: 423-453-5722

Last Updated: April - 11 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.