5128 New Highway 68, Madisonville, TN 37354 (MLS# 1310857)


$875,000
5128 New Highway 68
Madisonville, TN 37354
MLS# 1310857
3 beds  |  6612 sqft

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Property Description
This 6,612 sq ft home on 1.6 acres offers remarkable flexibility—ideal as a primary residence, second home, multi-generational property, or investment opportunity. Thoughtfully remodeled and priced well below recent appraisal, it features four spacious bedrooms, multiple living and dining areas, and standout amenities including a home theater, gym, office, recreation room, oversized deck, and two-car garage. The main level showcases engineered hardwood flooring, an open kitchen with custom cabinetry, a large island, breakfast nook, and formal dining room. The main suite includes a spa-style bathroom with tile flooring and a walk-in closet. The fully finished walkout basement provides separate living quarters with its own entrance, full kitchen, laundry, bedroom, bathroom, and living area—ideal for in-laws, guests, or rental income. Located minutes from the Tellico River, Vonore Lake, Ocoee River, and Cherokee National Forest, this home offers both convenience and access to outdoor recreation. Just five minutes from Kefauver Park and a local golf course, and under an hour to McGhee Tyson Airport in Knoxville, it's a perfect blend of space, lifestyle, and value in East Tennessee.

Details
Maps
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 875000
Current Price: $875,000
Status: Active
Listing Date: 2025-08-04
Location, Tax & Legal Info
Area: Monroe County - 33
Property Sub-Type: Residential
City/County Code: City Limits
Elementary School: Madisonville Primary
Middle School: Madisonville Middle
Total Tax: 5295.1
High School: Sequoyah
General Property Description
Type: Basement Ranch
# Bedrooms: 3
Lot Dimensions: 240 x 214.40 IRR
Lot Size SqFt: 69696
Acres: 1.6
Acre Source: Survey
# of Rooms: 7
Restrictions: Yes
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 3501
SqFt - Down Lvl: 3111
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 1
HOA: No
Basement: Yes
Bonus Room: No
Extra Storage: Yes
SqFt - Total (Aprox): 6612
Baths - Full: 4
Baths - 1/2: 1
Year Built: 2000
Remarks & Misc
Directions: From intersection of US 411 and Hwy 68 in Madisonville, travel W on Hwy 68 towards Tellico Plains for 1.1 miles and the home will be on the right hand side. SOP
Public Remarks: This 6,612 sq ft home on 1.6 acres offers remarkable flexibility—ideal as a primary residence, second home, multi-generational property, or investment opportunity. Thoughtfully remodeled and priced well below recent appraisal, it features four spacious bedrooms, multiple living and dining areas, and standout amenities including a home theater, gym, office, recreation room, oversized deck, and two-car garage. The main level showcases engineered hardwood flooring, an open kitchen with custom cabinetry, a large island, breakfast nook, and formal dining room. The main suite includes a spa-style bathroom with tile flooring and a walk-in closet. The fully finished walkout basement provides separate living quarters with its own entrance, full kitchen, laundry, bedroom, bathroom, and living area—ideal for in-laws, guests, or rental income. Located minutes from the Tellico River, Vonore Lake, Ocoee River, and Cherokee National Forest, this home offers both convenience and access to outdoor recreation. Just five minutes from Kefauver Park and a local golf course, and under an hour to McGhee Tyson Airport in Knoxville, it's a perfect blend of space, lifestyle, and value in East Tennessee.
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Frame: 1
Siding
Brick: 1
Fireplace
Gas Log: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Hardwood: 1
Tile: 1
Vinyl: 1
Other: 1
Garage/Parking
Garage Spaces: 2
Attached: 1
Garage Door Opener: 1
Garage Faces Side: 1
Off-Street Parking: 1
Basement
Finished: 1
Walkout: 1
Lot Description
Corner Lot: 1
Irregular Lot: 1
Level: 1
Rolling Slope: 1
Fuel
Electric: 1
Gas (Natural): 1
View
Country Setting: 1
Heat
Central: 1
Dining Area
Breakfast Room: 1
Formal Dining Area: 1
Kitchen/Dining Rm Co: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Self Cleaning Oven: 1
Smoke Detector: 1
Other Rooms
Addl Living Quarter: 1
Basement Rec Room: 1
Bedroom Main Level: 1
Breakfast Room: 1
Den/Study: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Exterior Features
Deck: 1
Doors - Energy Star: 1
Windows - Insulated: 1
Misc Features
Cathedral Ceiling(s): 1
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Trey Ceiling: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Sewer
Perc Test On File: 1
Septic Tank: 1
Water
Public: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 5128
Street Name: New Highway 68
State/Province: TN
Zip Code: 37354
PIN #: 079F A 028.00
Subdivision: Michaels Mtn View
Geo Lat: 35.491805
Geo Lon: -84.365599
Status Change Info
Status Change Date: 2025-08-04
Property Features
Style: Traditional
Construction: Frame
Siding: Brick
Basement: Finished; Walkout
Lot Description: Corner Lot; Irregular Lot; Level; Rolling Slope
View: Country Setting
Fireplace: Gas Log
Floors: Hardwood; Tile; Vinyl; Other
Fuel: Electric; Gas (Natural)
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Range; Refrigerator; Self Cleaning Oven; Smoke Detector
Sewer: Perc Test On File; Septic Tank
Water: Public
Other Rooms: Addl Living Quarter; Basement Rec Room; Bedroom Main Level; Breakfast Room; Den/Study; Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling(s); Internet Available; Kitchen Island; Pantry; Trey Ceiling; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Exterior Features: Deck; Doors - Energy Star; Windows - Insulated
Dining Area: Breakfast Room; Formal Dining Area; Kitchen/Dining Rm Co
Showing: See Agent Instructns
New Financing: Cash; Conventional

IDX
Listing Office: Realty Executives Main Street

Office Phone: 423-836-9494

Last Updated: November - 19 - 2025

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.



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