16431 Wallace Hollow Rd

$620,000
Last Sold Price
6,534,000 / 150
Lot Size / Acres

Description

Welcome to the Putnam 150, located just off of I-40 in the heart of the Cumberland Plateau. This 150 acre tract has been enjoyed by this family for nearly 50 years, and is ready to pass it on to the next owners. The tract is exactly what you think of when thinking of Middle Tennessee; beautiful rolling pasture, great timber, and wildlife at every turn. The uniqueness of this property begins as soon as you turn off of Buffalo Valley Road. Access to this property is through a 10ft by 10ft tunnel, which...Welcome to the Putnam 150, located just off of I-40 in the heart of the Cumberland Plateau. This 150 acre tract has been enjoyed by this family for nearly 50 years, and is ready to pass it on to the next owners. The tract is exactly what you think of when thinking of Middle Tennessee; beautiful rolling pasture, great timber, and wildlife at every turn. The uniqueness of this property begins as soon as you turn off of Buffalo Valley Road. Access to this property is through a 10ft by 10ft tunnel, which actually leads under the interstate, providing a sense of security and exclusivity. The property has 3 homes on the property currently, and are waiting for the next owners to update them and make them their own. They are currently rented, and could continue to provide income on Day 1 of owning the property. With multiple other build sites with soil tests to go with it, this could easily be turned in to a place that guest from around the country could come enjoy what Tennessee is all about. This could be your self-sustaining compound you've dreamed of. Raise livestock, grow crops, and drink from one of your multiple springs on the property. Whitetail deer and wild turkey are also thriving on this tract, as evident by the sign that was found. This is a once in a generation farm that comes available to the open market. Come see the Putnam 150 for yourself to really grasp all that it has to offer.
  1. Listed by Jason Heathcoe • SmallTown Hunting Properties & Real Estate

Property Details for 16431 Wallace Hollow Road

Subdivision Name
N/A
Waterfront
No
LISTING UPDATED: 10/17/2025 01:25 PM

Property Details for 16431 Wallace Hollow Road

StatusClosed
MLS #2789608
Days on Market116
Taxes$1,419 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm
Year Built-
Lot Size150.00 AC
CountyPutnam County

Location

Listing Courtesy of SmallTown Hunting Properties & Real Estate, Jason Heathcoe (931.808.0624)

Sold By Town & Lake Realty, Inc., Amy Clare Lockhart (615.418.7456)

Add your commute

Building Information for 16431 Wallace Hollow Road

Lot Size150.00 AC

Payment Calculator

$3,182 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,064

Property Taxes

$118

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16431 Wallace Hollow Road

Summary
Location and General Information
  • Directions: FROM COOKEVILLE: Get on I-40 West for 12 miles. Takes Exit 274. Turn right at the 1st cross street onto TN-141 W for 1.2 miles. Slight right onto Dr Smith Rd to Buffalo Valley Road. Continue for 2.5 miles. Property driveway will be on the left for tunnel
  • Elementary School: Baxter Primary
  • High School: Upperman High School
  • Levels: Three Or More
  • Living Area Units: Square Feet
  • Middle Or Junior School: Upperman Middle School
  • Mlg Can View: Yes
  • Topography: Hilly,Private,Views,Wooded
  • Zoning: AG
  • Road Frontage Type: County Road
Parking
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
Lot Information
  • Lot Features: Hilly, Private, Views, Wooded
  • Lot Size Source: Survey
  • Lot Size Units: Acres
  • Parcel Number: 089 00700 000
  • Road Surface Type: Asphalt
  • Lot Size Area: 150.0
Property and Assessments
  • Documents Count: 1
  • Habitable Residence: No
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: No
  • Senior Community: No
Utilities
  • Cooling: No
  • Heating: No
Interior and Exterior Features
Interior Features
  • Wooded Area: 110.0
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: No

Property History for 16431 Wallace Hollow Road

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Closed

REALTRACS #2789608

$620,000—
Oct 7, 2025

Closed (Public Record)

Public Record #1917002674

$620,000

+23.9% / yr

Aug 4, 2025

Contract - Not Showing

REALTRACS #2789608

—
Aug 4, 2025

Contract - Showing

REALTRACS #2789608

—
Apr 23, 2025

Price Change

REALTRACS #2789608

$850,000—
Feb 8, 2025

Listed (Active)

REALTRACS #2789608

$895,000—
Sep 30, 2024

Expired

REALTRACS #2557945

$1,099,000—
Sep 30, 2024

Expired

REALTRACS #2557949

$1,099,000—
Jul 31, 2023

Listed (Active)

REALTRACS #2557945

$1,099,000—
Jul 31, 2023

Listed (Active)

REALTRACS #2557949

$1,099,000—
Jun 10, 2023

Expired

REALTRACS #2399053

$1,385,900—
Jun 9, 2023

Expired

KAARMLS #1195784

—
Sep 1, 2022

Listed (Active)

KAARMLS #1195784

$1,385,900—
Sep 1, 2022

Contract - Showing

REALTRACS #2399053

—
Aug 31, 2022

Contract - Not Showing

KAARMLS #1195784

—
Jun 17, 2022

Listed (Active)

REALTRACS #2399053

$1,385,900—
Jun 16, 2022

Listed (Active)

KAARMLS #1195784

$1,385,900—
Jan 4, 2014

Closed (Public Record)

Public Record #392564757

$50,000—
DateEvent & SourcePrice
10/17/2025

Closed

REALTRACS #2789608

$620,000
10/07/2025

Closed (Public Record)

Public Record #1917002674

$620,000

+23.9% / yr

08/04/2025

Contract - Not Showing

REALTRACS #2789608

—
08/04/2025

Contract - Showing

REALTRACS #2789608

—
04/23/2025

Price Change

REALTRACS #2789608

$850,000
02/08/2025

Listed (Active)

REALTRACS #2789608

$895,000
09/30/2024

Expired

REALTRACS #2557945

$1,099,000
09/30/2024

Expired

REALTRACS #2557949

$1,099,000
07/31/2023

Listed (Active)

REALTRACS #2557945

$1,099,000
07/31/2023

Listed (Active)

REALTRACS #2557949

$1,099,000
06/10/2023

Expired

REALTRACS #2399053

$1,385,900
06/09/2023

Expired

KAARMLS #1195784

—
09/01/2022

Listed (Active)

KAARMLS #1195784

$1,385,900
09/01/2022

Contract - Showing

REALTRACS #2399053

—
08/31/2022

Contract - Not Showing

KAARMLS #1195784

—
06/17/2022

Listed (Active)

REALTRACS #2399053

$1,385,900
06/16/2022

Listed (Active)

KAARMLS #1195784

$1,385,900
01/04/2014

Closed (Public Record)

Public Record #392564757

$50,000

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

Public Records for 16431 Wallace Hollow Road

Taxable ValueLand$28,850Additions$24,500Total$53,350
Tax Record2024$1,419 ($118 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,308 SqFtAbove Grade Finished SqFt1,308 SqFtStories2Lot Size6,534,000 SqFtStyleMiscellaneous ResidentialYear Built1950CountyPUTNAMAPN089 00700

Schools near 16431 Wallace Hollow Road

This home is within Putnam County School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Baxter Primary
PublicPK to 1

Baxter Elementary School
Public2 to 4

Upperman Middle School
Public5 to 8

Upperman 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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Listing Courtesy of SmallTown Hunting Properties & Real Estate, Jason Heathcoe (931.808.0624)

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/31/2025 03:35 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.