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Sold for $1,800,000
  • $1,800,000

    500 B Armstrong Ln, Monterey, TN 38574

    3beds
    1,500sqft
    Single Family Residence
    Built in 2014
    392.16 Acres Lot
    $1,826,600 Zestimate®
    $1,200/sqft
    $1,546 Estimated rent

    Home value

    $1,826,600

    Estimated sales range

    Not available

    $1,546/mo

    Zestimate® history
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    What's special

    Surrounded by natural beautyMultiple storage areasAttached carportStunning bluff views
    This picturesque farm is surrounded by natural beauty. This home offers everything including privacy, stunning bluff views and almost one mile of water frontage on the East Fork of the Obey River. The farm currently has approximately 60 acres of pasture and could easily be expanded to more, with two ponds for cattle and wildlife. This is an excellent hunting property and a great investment opportunity with multiple building sites. There are two homes on the property. One is a small 1 bedroom, 1 bath, 16 x 30 cabin perfect for hunting, guests, or a weekend getaway. The larger home is a beautiful, rustic barndominium style 1500 square foot home. It has an attached carport and multiple storage areas with a nearby barn and corral for livestock. There is also plenty of space to build another home. This incredible farm also boasts wooded river areas with giant hemlocks and mountain laurel leading you down to the beautiful East Fork of the Obey River, which eventually empties into and starts at the head of Dale Hollow Lake. The local Muddy Pond Mennonite community is a unique area as well with its sorghum mill, general store, greenhouse, and much more. Monterey is a short drive for daily needs, and Cookeville is about 30 minutes with a regional hospital, Tennessee Tech University, and much more shopping. Nashville (to the West) and Knoxville (to the East) are approximately an hour and a half away.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Cantrell 931-261-3032,

    Triple C Realty & Auction, LLC,

    Lisa Cantrell 931-808-0019,

    Triple C Realty & Auction, LLC

    Bought with:

    Dustin Teske, 323497

    Realty Executives Associates

    Source: East Tennessee Realtors,MLS#: 1317767MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    Features
    • Eat-in Kitchen
    • Flooring: Hardwood, Tile
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Has view: Yes
    • View description: Mountain(s), Country Setting, Trees/Woods
    • Waterfront features: Pond, River
    Lot
    • Size: 392.16 Acres
    • Features: Private, Wooded, Level, Rolling Slope
    Details
    • Additional structures: Barn(s), Guest House
    • Parcel number: 132 001.01 & 118.009.02

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other,Cabin
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Frame
    Condition
    • Year built: 2014

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Location
    • Region: Monterey

    Financial & listing details

    • Price per square foot: $1,200/sqft
    • Tax assessed value: $532,800
    • Annual tax amount: $1,203
    • Date on market: 10/7/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/23/2026Sold$1,800,000-6.3%$1,200/sqft
    Source: East Tennessee Realtors #1317767 Report a problem
    12/9/2025Pending sale$1,920,000$1,280/sqft
    Source: East Tennessee Realtors #1317767 Report a problem
    10/7/2025Price change$1,920,000-1.5%$1,280/sqft
    Source: East Tennessee Realtors #1317767 Report a problem
    9/14/2024Listed for sale$1,950,000$1,300/sqft
    Source: Whitetail Properties #90606 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,203 $89,100
    2024$1,203 $89,100
    2023$1,203 -2.2%$89,100 +38.4%
    2022$1,230 $64,375
    2021$1,230 $64,375
    2020$1,230 $64,375
    2019$1,230 $64,375
    2018$1,230 0%$64,375 +201.5%
    2017$1,230 +190.1%$21,350
    2016$424 +0.1%$21,350 0%
    2015$424 $21,355
    2014$424 $21,355
    Find assessor info on the county website

    Neighborhood: 38574

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wilson
    • Middle: Livingston
    • High: Livingston Academy

    Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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