Cooleys Rift Cottage and spacious garage with barn for storage. One bed , one bath with loft area, spacious bonus room shares the outside views. Large decking and walkway along side house. House was built with a place to add another suite if needed. Outside sauna and hot tub with bar/shed.. Enjoy the quietness and solitude on over 5 acres of woods . Near the lake and hiking trails, perfect base for enjoy all the mountain has to offer. Mountain Goat Trail runs across the front of the development, bike to Monteagle or Sewanee. Caverns are just off the mountain, Chattanooga 40 minutes, Nashville just a little over an hour away. High speed internet. Natural gas at roadway if desired. Quality construction By Flowers.
Closed
$489,000
1985 Lake Louisa Loop, Monteagle, TN 37356
1beds
1,166sqft
Single Family Residence, Residential
Built in 2019
5.55 Acres Lot
$398,700 Zestimate®
$419/sqft
$1,302 Estimated rent
Home value
$398,700
$343,000 - $466,000
$1,302/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ray Banks 931-235-3365,
Monteagle Sewanee REALTORS,
Thomas (Tom) Banks 931-636-6620,
Monteagle Sewanee REALTORS
Bought with:
Mandi Oakes, 359868
Gooch Beasley, REALTORS
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2777733
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Area: 72 Square Feet
- Dimensions: 9x8
Living room
- Area: 325 Square Feet
- Dimensions: 25x13
Heating
- Heat Pump
Cooling
- Electric
Appliances
- Included: Dryer, Refrigerator, Washer, Electric Oven, Electric Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- High Speed Internet
- Flooring: Wood, Tile
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,166
- Total interior livable area: 1,166 sqft
- Finished area above ground: 1,166
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 5.55 Acres
- Features: Wooded
Details
- Parcel number: 050 00731 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence, Residential
Materials
- Frame
- Roof: Shingle
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Cooleys Rift Ph Iii
HOA
- Has HOA: Yes
- Amenities included: Gated, Trail(s)
- HOA fee: $100 monthly
- Second HOA fee: $260 one time
Location
- Region: Monteagle
Financial & listing details
- Price per square foot: $419/sqft
- Tax assessed value: $263,800
- Annual tax amount: $1,332
- Date on market: 1/13/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | $489,000$419/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2777733 Report a problem | ||
| 1/18/2025 | Contingent | $489,000$419/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2777733 Report a problem | ||
| 1/13/2025 | Listed for sale | $489,000+1297.1%$419/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2777733 Report a problem | ||
| 10/22/2018 | Sold | $35,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,316 | $65,950 |
| 2024 | $1,316 -1.2% | $65,950 -1.2% |
| 2023 | $1,332 -1.9% | $66,775 -7.8% |
| 2022 | $1,358 -1.2% | $72,400 +51.6% |
| 2021 | $1,375 | $47,750 |
| 2020 | $1,375 +66.2% | $47,750 +47.8% |
| 2019 | $827 +351.7% | $32,300 +371.5% |
| 2018 | $183 +0.1% | $6,850 |
| 2017 | $183 | $6,850 |
Find assessor info on the county website
Neighborhood: 37356
Nearby homes
- $84,5004.37 Acres0 Lake Louisa Loop LOT 54, Monteagle, TN 37356Sold
- $--5.02 Acres19 Lake Louisa Loop #19, Sewanee, TN 37375Off Market
- $1,538,0004 bd3 ba3.1k sqft1863 Lake Louisa Loop, Sewanee, TN 37375For Sale
- $145,000-- bd-- ba-- sqftLake Louisa Loop, Sewanee, TN --Sold
- $659,0003 bd2 ba1.7k sqft2095 Lake Louisa Loop, Monteagle, TN 37356Sold
- $145,0003.84 Acres0 Lake Louisa Loop LOT 21, Monteagle, TN 37356Sold
- $197,100-- bd-- ba-- sqftLake Louisa Loop, Sewanee, TN --Off Market
- $643,6003 bd2 ba2k sqft1387 Cooleys Rift Blvd, Monteagle, TN 37356Off Market
Nearby schools
GreatSchools rating
- 9/10Sewanee Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 3/10South Middle SchoolGrades: 6-8Distance: 9.9 mi
- 4/10Franklin Co High SchoolGrades: 9-12Distance: 12.1 mi
Schools provided by the listing agent
- Elementary: Sewanee Elementary
- Middle: South Middle School
- High: Franklin Co High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Franklin County
- Sewanee
- 37356
- 1985 Lake Louisa Loop
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