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Sold for $537,000
  • $537,000

    877 Laurel Lake Cir, Madisonville, TN 37354

    3beds
    1,500sqft
    Single Family Residence
    Built in 1999
    0.61 Acres Lot
    $541,000 Zestimate®
    $358/sqft
    $1,784 Estimated rent

    Home value

    $541,000

    $487,000 - $601,000

    $1,784/mo

    Zestimate® history
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    What's special

    Built-in pantryNew granite islandOverlooking the lakeBreakfast barNew entertainment centerNew granite countertopsLuxury plank flooring
    Home Sweet Home! This peaceful lake retreat is an absolute paradise! It's nestled in a private cove in the beautiful Laurel Lake community surrounding the pristine 60-acre, spring-fed lake in gorgeous East Tennessee. This beauty sets overlooking the lake with a serenity that is a balm for the soul. It's a custom-built home, 3-bedroom, 2 full baths, master on the main with private bath & view of the lake. It has a large cozy living area with new entertainment center, luxury plank flooring, & all new custom Reed shades & blinds, large laundry, with washer & dryer & extra space. The kitchen has custom oak cabinets, new granite counter tops, new granite island, built-in pantry, breakfast bar, eat-in dining & a view of the lake. You step out the back door to the newly screened in back porch overlooking the lake and the surrounding beauty.... the perfect spot for sipping that morning coffee and listening to the birds sing; the view is mesmerizing! The back deck is newly stained, has all new high-end furniture & new grill. The manicured yard is a little slice of Heaven, it has lush green grass, fire pit with several container gardens for veggies & herbs, rainwater collection system & gorgeous Dogwood trees & Rose of Sharon trees that bloom all summer. It is the ideal spot for entertaining, grilling & football games in the fall. The backyard firepit is near the water's edge and just a heavenly spot to sit around on late summer nights enjoying the glow of the fire on the water. It also has a large 16 X 25 private dock in the backyard with furniture for dining on the water. It has an 18 X 24 garage that has plenty of space to double as a convenient mud room for fishing poles, kayaks, outdoor gear, etc. The house & garage have newly painted matching hardy board siding, all new steps into the house, back deck & garage all freshly stained. It has a 30-year shingle roof about, 4 years old, concrete circular driveway with extra parking, 50 x 8 ft covered front porch, newly built side ramp for handicap accessibility to the back deck & kitchen and high speed Spectrum internet. There is a community beach area for swimming & picnic pavilion & 2.1 mile paved road/loop around the lake perfect for walking. It's also a fisherman's dream...the lake is loaded with fish so bring a pole! You can literally put your kayak in the lake from your backyard and head out. This property is breathtaking and a must see to really feel all the peacefulness it offers. The property is 15 minutes to beautiful Tellico Plains with great restaurants, shopping, Tellico River corridor with world class fishing, camping, hiking and the Cherohala Skyway. Come live the peaceful life in beautiful East Tennessee.

    Zillow last checked:

    Listing updated:

    Listed by:

    Missy Burger 423-253-5576,

    Tellico Hometown Realty

    Bought with:

    Kelly White, 321745

    The Real Estate Firm

    Source: East Tennessee Realtors,MLS#: 1332355MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Kitchen Island, Pantry, Breakfast Bar, Eat-in Kitchen
    • Windows: Insulated Windows, Drapes
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Designated Parking, Detached, Main Level
    • Garage spaces: 1
    Features
    • Exterior features: Gas Grill, Dock
    • Has view: Yes
    • View description: Country Setting, Trees/Woods
    • Has water view: Yes
    • Waterfront features: Lake/Water Access, Waterfront
    • Frontage type: Lakefront
    Lot
    • Size: 0.61 Acres
    • Dimensions: 373 x 322
    • Features: Private, Wooded, Corner Lot, Irregular Lot
    Details
    • Parcel number: 115B B 029.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement, Frame
    Condition
    • Year built: 1999

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public, Shared Well

    Community & HOA

    Community
    • Security: Gated Community, Security System, Smoke Detector(s)
    • Subdivision: Laurel Lake
    HOA
    • Has HOA: Yes
    • Amenities included: Playground, Recreation Facilities, Security
    • Services included: All Amenities, Security
    • HOA fee: $550 annually
    Location
    • Region: Madisonville

    Financial & listing details

    • Price per square foot: $358/sqft
    • Tax assessed value: $314,600
    • Annual tax amount: $1,198
    • Date on market: 3/12/2026

    Price history

    DateEventPrice
    6/18/2026Sold$537,000-0.5%$358/sqft
    Source: East Tennessee Realtors #1332355 Report a problem
    5/22/2026Pending sale$539,900$360/sqft
    Source: East Tennessee Realtors #1332355 Report a problem
    3/12/2026Listed for sale$539,900+4.8%$360/sqft
    Source: East Tennessee Realtors #1332355 Report a problem
    8/20/2024Sold$515,000-3.7%$343/sqft
    Source: East Tennessee Realtors #1266464 Report a problem
    8/6/2024Pending sale$535,000$357/sqft
    Source: East Tennessee Realtors #1266464 Report a problem
    7/15/2024Price change$535,000-2.7%$357/sqft
    Source: East Tennessee Realtors #1266464 Report a problem
    6/16/2024Listed for sale$549,900-6.6%$367/sqft
    Source: East Tennessee Realtors #1266464 Report a problem
    6/15/2024Listing removed--
    Source: Owner Report a problem
    6/3/2024Listed for sale$589,000+1582.9%$393/sqft
    Source: Owner Report a problem
    4/29/1999Sold$35,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,198 $78,650
    2024$1,198 $78,650
    2023$1,198 -4.2%$78,650 +40.8%
    2022$1,251 $55,850
    2021$1,251 $55,850
    2020$1,251 +13.1%$55,850
    2019$1,106 $55,850
    2018$1,106 0%$55,850 +13.2%
    2017$1,106 +7.1%$49,325
    2016$1,033 $49,325
    2015$1,033 +0%$49,325 +0%
    2014$1,033 $49,323
    2013$1,033 $49,323
    2012-- $49,323 +1.9%
    2011$944 +23.4%$48,392
    2010$765 $48,392
    2009$765 0%$48,392
    2008$765 $48,392
    2007-- $48,392 +5.2%
    2006$888 +18.8%$45,999 +3.4%
    2005$747 +2.1%$44,469 +16.1%
    2004$732 $38,311
    2002$732 $38,311
    2001-- $38,311 +44.4%
    2000-- $26,531
    Find assessor info on the county website

    Neighborhood: 37354

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tellico Plains
    • Middle: Tellico Plains
    • High: Tellico Plains

    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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