Welcome to 7055 Mooneyham Lonewood Rd., a truly one-of-a-kind country estate set on 40.86 acres of mostly cleared, gently rolling farmland, with an additional 30 acres of fenced pasture available for purchase. Whether you're searching for a working farm, equestrian property, family retreat, hunting getaway, or a multi-generational homestead, this unrestricted property offers the space, versatility, and peaceful setting to make it your own, with the opportunity to expand if desired.
Designed for livestock and agricultural living, the property features multiple fenced pastures with lush grazing grass, a corral, and no restrictions on livestock. Two well-stocked ponds, wooded trails, and abundant wildlife, including deer and turkey, create an outdoor enthusiast's paradise with exceptional hunting and recreation right on your own property. An established garden filled with cucumbers, squash, okra, corn, tomatoes, lilies, and sunflowers provides fresh seasonal harvests and adds to the property's charm.
The property includes two barns, one of which features five horse stalls, a spacious loft, and a dedicated storage room, making it ideal for equestrian use or daily farm operations. Two additional outbuildings offer endless possibilities as guest accommodations, summer camp housing, workshops, hobby spaces, or additional storage.
Rich in history, the residence was originally a schoolhouse before being thoughtfully refurbished and expanded in the early 2000s into the spacious home it is today. Offering 7 bedrooms, 4 full bathrooms, and 2 half bathrooms, the unique floor plan features two separate living quarters, each complete with its own living room, kitchen, bedrooms, and bathrooms, creating an ideal setup for multi-generational living, extended family, guests, or potential rental income.
Inside the main living area, soaring ceilings, abundant natural light, and generous gathering spaces create a warm and inviting atmosphere. A spacious bonus room offers flexibility as a media room, game room, den, or additional family room.
Outside, a three-car garage and circular driveway provide convenience and ample parking, while the peaceful back porch invites you to relax and enjoy breathtaking views of the surrounding countryside. Spend your days exploring wooded trails, casting a line in one of the stocked ponds, watching wildlife roam, or simply taking in the quiet beauty that makes this property so special.
Situated on 40.86 acres with the opportunity to purchase an additional 30 acres of fenced pasture, this exceptional estate offers the perfect blend of productive farmland, recreational opportunities, and timeless country living. With multiple fenced livestock fields, two ponds, wooded trails, abundant wildlife, excellent deer and turkey hunting, two barns, versatile outbuildings, and unrestricted land, 7055 Mooneyham Lonewood Rd. is a rare opportunity to own a truly remarkable Tennessee farm where history, privacy, and endless possibilities come together.
For sale
$1,500,000
7055 Mooneyham Lonewood Rd, Spencer, TN 38585
7beds
4,167sqft
Single Family Residence
Built in 1941
40.86 Acres Lot
$-- Zestimate®
$360/sqft
$-- HOA
What's special
Two well-stocked pondsMultiple fenced livestock fieldsThree-car garageWooded trailsAbundant natural lightSoaring ceilings
- 77 days
- 253
- 14
Zillow last checked:
Listing updated:
Listed by:
Asher Black 423-208-4943,
Keller Williams Realty 423-664-1900
Source: Greater Chattanooga Realtors,MLS#: 1539407
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Laundry Closet, Electric Dryer Hookup, In Hall, Main Level, Washer Hookup
Features
- Breakfast Bar, Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Walk-In Closet(s), Sitting Area
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 4,167
- Total interior livable area: 4,167 sqft
- Finished area above ground: 4,167
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Circular Driveway, Driveway, Garage
- Attached garage spaces: 3
Features
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Private Yard, Rain Gutters
- Fencing: Wire
- Has view: Yes
Lot
- Size: 40.86 Acres
- Features: Agricultural, Back Yard, Farm, Front Yard, Garden, Greenbelt, Pasture, Pond on Lot, Pie Shaped Lot, Private, Rolling Slope, Rural
Details
- Additional structures: Barn(s), Equipment Building, Garage(s), Shed(s)
- Additional parcels included: 018 014.00
- Parcel number: 018 01400 000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Well
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Not Available, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $360/sqft
- Tax assessed value: $363,300
- Annual tax amount: $1,702
- Date on market: 7/24/2026
- Listing terms: Cash,Conventional,USDA Loan
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $1,500,000-16.7%$360/sqft |
Source: Greater Chattanooga Realtors #1539407 Report a problem | ||
| 7/2/2026 | Listing removed | $1,800,000$432/sqft |
Source: Greater Chattanooga Realtors #1528511 Report a problem | ||
| 5/1/2026 | Price change | $1,800,000-10%$432/sqft |
Source: Greater Chattanooga Realtors #1528511 Report a problem | ||
| 2/13/2026 | Listed for sale | $2,000,000+61438.5%$480/sqft |
Source: Greater Chattanooga Realtors #1528511 Report a problem | ||
| 7/20/1994 | Sold | $3,250$1/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,703 | $70,950 |
| 2024 | $1,703 | $70,950 |
| 2023 | $1,703 | $70,950 |
| 2022 | $1,703 | $70,950 |
| 2021 | -- | $70,950 +30% |
| 2020 | $1,261 | $54,575 |
| 2019 | $1,261 +19.7% | $54,575 |
| 2018 | $1,053 +0% | $54,575 |
| 2017 | $1,053 | $54,575 |
| 2016 | $1,053 | $54,575 |
| 2015 | $1,053 | $54,575 |
| 2014 | $1,053 +2.5% | $54,575 -2.7% |
| 2013 | $1,027 +9.6% | $56,104 |
| 2012 | $937 0% | $56,104 |
| 2011 | $937 +80.4% | $56,104 +54.4% |
| 2010 | $520 | $36,327 |
| 2009 | $520 | $36,327 |
| 2008 | -- | $36,327 +21.2% |
| 2007 | $650 | $29,962 |
| 2006 | $650 +10.7% | $29,962 |
| 2005 | $587 | $29,962 |
| 2004 | $587 | $29,962 |
| 2002 | $587 | $29,962 +27.1% |
| 2001 | -- | $23,582 -75% |
| 2000 | -- | $94,329 |
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.Climate risks
Neighborhood: 38585
Nearby schools
Schools provided by the listing agent
- Elementary: Spencer Elementary
- Middle: Spencer Middle
- High: VanBuren
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







