Last Sold Price
3 beds1,896 sqft$227/sqft
124 Peninsula Rd, Madisonville, TN 37354

Description

: Motivated seller! Sellers have a new home under contract and ready to sell! Welcome to lake living in the gated community of Laurel Mountain Lakes. This 3 bedroom, 2 bath home offers approximately 1,896 square feet and the perfect blend of comfort, privacy, and waterfront access. The main level features two spacious bedrooms, a full bath, laundry area, and an open floor plan designed for everyday living and entertaining. The kitchen includes tall solid wood cabinetry that extends toward the vaulted...: Motivated seller! Sellers have a new home under contract and ready to sell! Welcome to lake living in the gated community of Laurel Mountain Lakes. This 3 bedroom, 2 bath home offers approximately 1,896 square feet and the perfect blend of comfort, privacy, and waterfront access. The main level features two spacious bedrooms, a full bath, laundry area, and an open floor plan designed for everyday living and entertaining. The kitchen includes tall solid wood cabinetry that extends toward the vaulted ceilings, creating a warm focal point that opens to the living area. The living room features a unique 360-degree wood-burning fireplace, adding character and cozy ambiance. Step outside onto the sun deck and enjoy peaceful views of Laurel Mountain Lakes, an ideal spot for morning coffee or relaxing at the end of the day. The lower level offers additional flexibility with a kitchenette, bonus area, and a private primary suite with a full bath, making it suitable for guests, extended family, or a private retreat. Just outside the lower level is a screened porch with porch curtains, providing a comfortable outdoor space to enjoy the evening air. This lakefront property includes a private dock with direct access to the 60-acre lake where residents enjoy kayaking, swimming, fishing, and other water activities. Located at the end of a peninsula, the property offers deeper water and added privacy. The home is surrounded by attractive landscaping and features a well-designed outdoor entertaining area with a grilling space and a stone and wood outdoor fireplace, creating a great setting for gatherings. The outdoor area also includes a dining space with a large rustic table positioned to take in sunset views over the water. A front deck facing the lake provides an additional outdoor space to enjoy sunrise views. Additional features include a whole-house water filtration system with reverse osmosis and an active yearly maintenance program.
LISTING CLOSED: 07/02/2026 01:00 AM

  1. Listed by Barbara Ratledge • East Tennessee Properties LLC

Property Details for 124 Peninsula Road

Status
MLS #
3215142
Days on Market
46
Taxes
$1,034 / year
HOA Fees
$550 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1978
Lot Size
0.52 AC / 22,651 SF
Architectural Style
Other
Subdivision Name
Laurel Lake
View
Lake
Waterfront
No

Location

Listing Courtesy of East Tennessee Properties LLC, Barbara Ratledge (865.410.1725)

Sold By East Tennessee Properties LLC, Lori Bennett (423.435.7616)

Add your commute

Building Information for 124 Peninsula Road

Stories2Year Built1978Building Size-Lot Size0.52 AC / 22,651 SF

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$2,320 per month

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$2,188

Property Taxes

$86

HOA Dues

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Property Information for 124 Peninsula Road

Summary
Location and General Information
  • Directions: 17 min (8.4 miles) via TN-68 S Fastest route now due to traffic conditions Hardee's 4750 New Hwy 68, Madisonville, TN 37354 Exit the parking lot toward TN-68 S 51 sec (463 ft) Turn right onto TN-68 S 6 min (5.1 mi) Continue on Bethlehem Rd. Take Bethlehem Church Rd, Laurel Branch Rd and Laurel Lake Cir to Peninsula Rd 9 min (3.2 mi) 124 Peninsula Rd Madisonville, TN 37354
  • Levels: Three Or More
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
  • Topography: Sloped,Wooded
Parking
  • Parking Features: Circular Driveway, Driveway, Gravel
  • Parking Total: .00
Taxes and HOA Information
  • Association Amenities: Gated
  • Association Fee Includes: Trash
  • Condo Coop Association YN: Yes
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Tax Records
  • Building Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl
Lot Information
  • Lot Features: Sloped, Wooded
  • Lot Size Source: Tax Records
  • Lot Size Units: Acres
  • Parcel Number: 115G B 02100 000
  • Lot Size Area: 0.52
Property and Assessments
  • Construction Materials: Vinyl Siding
  • Documents Count: 5
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: No
  • Security Features: Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Basement: Finished, Crawl Space
  • Cooling: Other, Central Air
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Range, Dishwasher, Dryer, Washer, Refrigerator, Microwave
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Interior Features: Ceiling Fan(s), High Ceilings, High Speed Internet
Exterior Features
  • Attached Garage: No
  • Exterior Features: Dock
  • Patio And Porch Features: Deck, Covered, Porch
  • Pool Private: No
  • Roof: Shingle
  • View YN: Yes
Rental Information
Rental Information
  • Availability Date: 03-18-2026

Property History for 124 Peninsula Road

DateEvent & SourcePriceAppreciation
Jul 2, 2026

Closed

REALTRACS #3215142

$430,500
Jul 2, 2026

Closed

KAARMLS #1332665

$430,500
Jul 1, 2026

Closed (Public Record)

Public Record #1943824873

$430,500

+10.9% / yr

DateEvent & SourcePrice
07/02/2026

Closed

REALTRACS #3215142

$430,500
07/02/2026

Closed

KAARMLS #1332665

$430,500
07/01/2026

Closed (Public Record)

Public Record #1943824873

$430,500

+10.9% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 124 Peninsula Road

Taxable ValueLand$15,775Additions$52,125Total$67,900
Tax Record2025$1,034 ($86 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt1,128 SqFtFinished Basement SqFt1,128 SqFtStories1Lot Size22,651 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated2006CountyMONROEAPN115G B 02100

Schools near 124 Peninsula Road

This home is within Monroe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Madisonville Primary School
PublicPK to 2

Madisonville Intermediate School
Public3 to 5

Madisonville Middle School
Public6 to 8

Sequoyah High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of East Tennessee Properties LLC, Barbara Ratledge (865.410.1725)

Based on information submitted to the MLS GRID as of 07/02/2026 03:25 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.