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  • $650,000

    598 Griffith Branch Rd, Madisonville, TN 37354

    5beds
    2,560sqft
    : 
    $3,928/mo
    Get pre-qualified
    Single Family Residence
    Built in 2005
    22.82 Acres Lot
    $-- Zestimate®
    $254/sqft
    $-- HOA

    What's special

    Metal roofMultiple paddocksWash stationFully fenced layoutCovered storageLarge outbuildingEstablished equestrian setup
    Assumable 5.24% VA loan or rental options!!! The sellers have gotten creative, and are offering an immediate cash producing property with a rent to own option! Discover a rare opportunity to own 22.8± acres in Madisonville with an established equestrian setup, multiple living spaces, income potential, and beautiful year round Smoky Mountain views. The main home is a well maintained 3 bedroom, 2 bath ranch offering 1,920 square feet of living space, featuring whitewashed pine walls, 9.5 foot ceilings, newer appliances, a metal roof, newer HVAC and water heater, and an expansive 10x40 covered front porch overlooking the mountains. The primary suite includes a trey ceiling, double walk in closets, and a walk in shower, creating a comfortable private retreat. The equestrian facilities are designed for both personal use and potential income, featuring a 38x40 barn with 7 stalls expandable to 10, hot and cold water, electricity at each stall, and stall mats that convey. The property also includes a 280x120 riding arena, multiple paddocks, a wash station, covered storage, a creek across the front of the property, and a fully fenced layout. Attached to the barn is a separate 2 bedroom, 1 bath residence with 640 square feet and its own 40 foot covered porch, providing flexibility for guests, multigenerational living, or rental income. The equestrian facilities also offer the potential for an income producing horse focused Airbnb or individual stall rentals, subject to applicable regulations. Additional improvements include a new 24x8 storage shed, another large outbuilding, and plenty of usable acreage for recreation, animals, or future plans. With established equestrian amenities, multiple residences, mountain views, and potential income opportunities, this property offers a versatile combination of rural lifestyle and investment potential in Monroe County.
    21 days
    8,888
    557

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Corien Schutte 865-963-9746,

    United Real Estate Solutions 865-444-2400

    Source: East Tennessee Realtors,MLS#: 1358727MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
      Features
      • Walk-In Closet(s), Pantry, Eat-in Kitchen
      • Flooring: Hardwood, Vinyl
      • Windows: Windows - Vinyl, Insulated Windows
      • Basement: Slab
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,560
      • Total interior livable area: 2,560 sqft

      Property

      Parking
      • Parking features: Off Street
      Features
      • Has view: Yes
      • View description: Mountain(s), Country Setting, Trees/Woods
      • Waterfront features: Creek
      Lot
      • Size: 22.82 Acres
      • Features: Private, Wooded, Irregular Lot, Rolling Slope
      Details
      • Additional structures: Storage, Stable(s), Barn(s), Workshop, Guest House
      • Parcel number: 081 03505 000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Metal Siding, Frame
      Condition
      • Year built: 2005

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Madisonville

      Financial & listing details

      • Price per square foot: $254/sqft
      • Tax assessed value: $606,900
      • Annual tax amount: $2,010
      • Date on market: 10/13/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/13/2026Listed for sale$650,000-11%$254/sqft
        Source: East Tennessee Realtors #1358727 Report a problem
        8/25/2026Listing removed$730,000$285/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        6/9/2026Price change$730,000-2.7%$285/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        3/11/2026Price change$750,000-4.5%$293/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        12/12/2025Price change$785,000-1.4%$307/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        10/10/2025Price change$796,000-0.2%$311/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        10/4/2025Price change$797,500-0.2%$312/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        9/20/2025Price change$799,000-3.2%$312/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        9/12/2025Price change$825,000-2.9%$322/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        8/16/2025Listed for sale$850,000+58.9%$332/sqft
        Source: East Tennessee Realtors #1311755 Report a problem
        11/5/2021Sold$535,000-2.7%$209/sqft
        Source: East Tennessee Realtors #1153426 Report a problem
        9/14/2021Pending sale$550,000$215/sqft
        Source: East Tennessee Realtors #1153426 Report a problem
        5/19/2021Listed for sale$550,000$215/sqft
        Source: East Tennessee Realtors #1153426 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,010 $131,975
        2024$2,010 $131,975
        2023$2,010 +2.4%$131,975 +50.7%
        2022$1,962 +24.8%$87,600 +24.8%
        2021$1,572 $70,200
        2020$1,572 +13.1%$70,200
        2019$1,390 $70,200
        2018$1,390 0%$70,200 +12.7%
        2017$1,390 +134.5%$62,275 +120.1%
        2016$593 $28,300
        2015$593 -0.1%$28,300 -0.1%
        2014$593 $28,322
        2013$593 $28,322
        2012-- $28,322 -33.3%
        2011$828 +23.4%$42,469
        2010$671 $42,469
        2009$671 0%$42,469
        2008$671 $42,469
        2007-- $42,469 +133.2%
        2006$351 +14.9%$18,210
        2005$306 $18,210
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 37354

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Madisonville Primary
        • Middle: Madisonville Middle
        • High: Sequoyah

        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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