Double Wides Are ALLOWED Build Your Tennessee Dream - Private, Peaceful Living in Thompson Road
Welcome to Lot Number 4 in the thoughtfully designed Thompson Road development in beautiful Monroe County. Situated on .70 acres, this homesite offers the charm of Tennessee countryside living while keeping you conveniently connected to town, work, and everyday essentials. As part of a limited four-lot phase carved from a larger master tract, this is an opportunity to secure privacy, space, and long-term value in a carefully planned setting. With the purchasing of his ready to go buildable lot you aren't just buying a selected piece of ground, but you are buying a lifestyle, a community, and a future to build on.
These lots are designed intentionally, so whether you envision a custom site-built home or a high-quality IRC modular home, you have the flexibility to build with confidence--without the burden of HOA restrictions. With light, common-sense standards in place, this community protects your investment while still allowing you to create the home that fits your lifestyle. So no matter if you are building now or in the future this is a great investment.
Property Highlights:
• .70 Acres - Specific Features, e.g., level topography, ideal corner lot, easy build site
• Small, private four-lot Phase I development
• Single-family residential use only (minimum 1,000 SF heated living area)
• No HOA fees
• Site-built or IRC modular homes (Builder available with floor plans through Wellington Place Construction) Double Wides are allowed on permanent foundations with block skirting.
• No short-term rentals (6-month minimum lease term)
• Fort Loudoun Electric available on-site
• Public water available at the road
• Septic pre-approved for 3 bedrooms (upgradeable to 4)
Opportunities like this--private, build-ready lots with flexibility and infrastructure in place--are becoming increasingly rare in Monroe County. To learn more or schedule a showing, call today.
Active
$74,900
271 Thompson Rd, Madisonville, TN 37354
--beds
0baths
0.7Acres
Land
Built in ----
0.7 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Easy build siteLevel topographyIdeal corner lot
- 198 days
- 91
- 5
Zillow last checked:
Listing updated:
Listed by:
Eric Best 423-333-8157,
East Tennessee Properties, LLC 423-453-5722
Source: East Tennessee Realtors,MLS#: 1331346
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Country Setting
Lot
- Size: 0.7 Acres
- Dimensions: 1 x 1 x 1 x 1
- Features: Rolling Slope
- Topography: Level
Details
- Parcel number: 055 038.13
- Zoning description: Zoned Residential
Utilities & green energy
- Utilities for property: Cable TV
Community & HOA
Community
- Subdivision: Thompson Rd
Location
- Region: Madisonville
Financial & listing details
- Tax assessed value: $79,500
- Annual tax amount: $303
- Date on market: 3/4/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Price change | $74,900+10.1% |
Source: | ||
| 4/8/2026 | Price change | $68,000-2.9% |
Source: | ||
| 3/4/2026 | Listed for sale | $70,000-86% |
Source: | ||
| 2/5/2025 | Listing removed | $500,000 |
Source: | ||
| 9/3/2024 | Listed for sale | $500,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $303 | $19,875 |
| 2024 | $303 | $19,875 |
| 2023 | $303 | $19,875 |
Find assessor info on the county website







