Register now and place your bids at AlleyAuction.com! 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, new appliances, a metal roof, new 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, 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, a creek, 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.
Open House and Auction Details
Come experience the acreage, mountain views, equestrian facilities, and multiple living spaces for yourself. Join us at the Open House on September 23rd to walk the property and explore everything this exceptional Madisonville farm has to offer.
To participate in this Monroe County TN real estate auction, visit alleyauction.com to register and place your bid.
Registration is quick and simple. Mark your calendar for the final Auction Date on September 29th and don't miss the opportunity to own this exceptional Smoky Mountain equestrian estate with Alley Realty & Auction.
Active
Price Unknown
598 Griffith Branch Rd, Madisonville, TN 37354
5beds
2,560sqft
Single Family Residence
Built in 2005
22.82 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mountain viewsMultiple residencesMetal roofMultiple paddocksElectricity at each stallWash stationFully fenced layout
- 23 days
- 1,205
- 97
Zillow last checked:
Listing updated:
Listed by:
Trey L Alley 865-359-0307,
Alley Realty & Auction, LLC,
Corien Schutte 865-963-9746,
United Real Estate Solutions
Source: East Tennessee Realtors,MLS#: 1353048
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
- Special conditions: Auction,Auction
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
- Tax assessed value: $606,900
- Annual tax amount: $2,010
- Date on market: 8/25/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Public tax history
| Year | Property taxes | Tax 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
