632 Hiwassee Rd, Madisonville, TN 37354
$1,499,900
Property Type:
Lots & Acreage
Lot Size (sq. ft.):
699,574
Status:
Active
Current Price:
$1,499,900
List Date:
12/26/2025
Last Modified:
2/09/2026
Overview
Description
Prime Development Opportunity in the Heart of Madisonville
Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location.
Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand.
The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal.
An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment.
This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.
Listing Details MLS# 1324917
Location Tax Legal Info
- House #
- 632
- Street Name
- Hiwassee
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37354
- PIN #
- 056D A 008.01
Contract Info
- Auction Y/N
- No
- Listing Price
- 1499900
General Property Description
- Lot Dimensions
- 415126
- Acres
- 16.06
- Acre Source
- Estimated
- Restrictions
- No
- Property Status
- N/A
Status Change Info
- Status Change Date
- 2025-12-26
Location, Tax & Legal Info
- Area
- Monroe County - 33
- City/County Code
- County
- Total Tax
- 1261.26
Remarks & Misc
- Directions
- Selling for land value Home is being sold as is Do not show without an appointment
- Public Remarks
- Prime Development Opportunity in the Heart of Madisonville Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location. Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand. The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal. An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment. This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.
More Information
Property Sub-Type
- Commercial
- Yes
- Farm
- Yes
- Single Family
- Yes
Topography
- Cleared
- Yes
- Rolling
- Yes
Road Access
- Public Road
- Yes
Road Frontage
- County
- Yes
Sale Options
- Fee Simple
- Yes
Improvements
- Driveway
- Yes
- Utilities on Site
- Yes
Lot Description
- Irregular Lot
- Yes
Easements
- Mineral Rights Avlbl
- Yes
Documents on File
- Other
- Yes
Developmnt Potential
- Commercial
- Yes
- Farm
- Yes
- Single Family
- Yes
- Subdivision
- Yes
Utilities Available
- Electricity
- Yes
- Sewer
- Yes
- Water
- Yes
Zoning
- Zoned Residential
- Yes
Present Structures
- Barn
- Yes
- Residence
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Showing Instructions
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Commercial; Farm; Single Family
Topography:
Cleared; Rolling
Road Frontage:
County
Road Access:
Public Road
Sale Options:
Fee Simple
Improvements:
Driveway; Utilities on Site
Easements:
Mineral Rights Avlbl
Lot Description:
Irregular Lot
Documents on File:
Other
Developmnt Potential:
Commercial; Farm; Single Family; Subdivision
Utilities Available:
Electricity; Sewer; Water
Zoning:
Zoned Residential
Present Structures:
Barn; Residence
New Financing:
Cash; Conventional
Showing Instructions:
See Agent Instructns
Listing Office:
ReMax First
IDX
Office Phone: 865-981-1004
Last Updated: February - 09 - 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
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