Tucked away just minutes from Fall Creek Falls State Park, this gorgeous cabin offers the perfect investment or flexible living opportunity. This property is situated on a gated, fully fenced mini farm with two spring-fed ponds, a workshop, and over 1,100 sq. ft. of wraparound porch space, it has excellent Airbnb/short-term rental potential and an ideal layout for multi-generational living or guest quarters with a secondary kitchen. The unique spiral staircases add architectural charm and can easily be converted to traditional stairs if desired.
Home Features: Quality solid wood construction with 6" seamless gutters, energy-efficient LED lighting, and current termite/pest service. The basement includes a secondary kitchen, while the 616 sq. ft. loft offers a sitting area, bedroom space, and plumbing for a future half bath. The main-level primary suite includes washer/dryer hookups.
Kitchen: Custom-built countertops and a spacious pantry.
Interior: Open-concept living area with vaulted ceilings and abundant natural light.
Bathrooms: Walk-in showers with modern fixtures.
Outdoor Living: More than 1,100 sq. ft. of wraparound porch space with stainless steel cable railings, and a new dock overlooking one of the spring-fed ponds—perfect for relaxing, fishing, or enjoying the peaceful setting.
Garage & Workshop: The 24x40 insulated detached garage/shop includes a 16x40 lean-to and 200-amp service. A new 24x30 garage/shop addition is underway with a 4,000 PSI fiber-reinforced concrete slab already poured, offering even more space for vehicles, equipment, or hobbies.
Land & Setting: A gated entrance leads to a fully fenced property with a private road circling the land, two spring-fed ponds, and a firepit area.
Under contract - not showing
$449,900
283 Markum Ln, Spencer, TN 38585
3beds
2,569sqft
Single Family Residence, Residential
Built in 2023
3 Acres Lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
Two spring-fed pondsGated entranceQuality solid wood constructionFirepit areaSpacious pantryCustom-built countertopsUnique spiral staircases
- 109 days
- 1,040
- 96
Zillow last checked:
Listing updated:
Listed by:
Paddi Smith 931-808-1510,
Jones & Co. Real Estate 931-808-8442
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3250991
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Heating
- Other
Cooling
- Electric
Appliances
- Included: Electric Oven, Electric Range
Features
- Flooring: Concrete, Laminate
- Basement: Full,Finished
Interior area
- Total structure area: 2,569
- Total interior livable area: 2,569 sqft
- Finished area above ground: 1,624
- Finished area below ground: 945
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 2
Lot
- Size: 3 Acres
Details
- Parcel number: 048 02606 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $132,300
- Annual tax amount: $794
- Date on market: 6/26/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2026 | Pending sale | $449,900$175/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $449,900-1.1%$175/sqft |
Source: | ||
| 6/25/2026 | Listing removed | $455,000$177/sqft |
Source: | ||
| 4/11/2026 | Listed for sale | $455,000-0.9%$177/sqft |
Source: | ||
| 7/4/2025 | Listing removed | $459,000$179/sqft |
Source: | ||
| 4/13/2025 | Price change | $459,000-2.1%$179/sqft |
Source: | ||
| 1/6/2025 | Listed for sale | $469,000$183/sqft |
Source: | ||
| 8/17/2024 | Listing removed | $469,000$183/sqft |
Source: | ||
| 7/30/2024 | Listed for sale | $469,000$183/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $794 | $33,075 |
| 2024 | $794 | $33,075 |
| 2023 | $794 +818.7% | $33,075 +818.8% |
| 2022 | $86 | $3,600 |
| 2021 | -- | $3,600 -4.6% |
| 2020 | $87 | $3,775 |
| 2019 | $87 +19.7% | $3,775 |
| 2018 | $73 -0.2% | $3,775 |
| 2017 | $73 | $3,775 |
| 2016 | $73 | $3,775 |
| 2015 | $73 | $3,775 |
| 2014 | $73 +17.3% | $3,775 +11% |
| 2013 | $62 +9.6% | $3,401 |
| 2012 | $57 0% | $3,401 |
| 2011 | $57 +16.8% | $3,401 |
| 2010 | $49 | $3,401 |
| 2009 | $49 | $3,401 |
| 2008 | -- | $3,401 -8.9% |
| 2007 | $81 | $3,735 |
| 2006 | $81 +175.7% | $3,735 +149% |
| 2005 | $29 | $1,500 |
| 2004 | $29 | $1,500 |
| 2002 | $29 | $1,500 +15.4% |
| 2001 | -- | $1,300 -75% |
| 2000 | -- | $5,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 38585
Nearby schools
Schools provided by the listing agent
- Elementary: Spencer Elementary
- Middle: Van Buren Co High School
- High: Van Buren 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.





