632 Hiwassee Rd

Madisonville, TN 37354

$4,999,000
Price
699,573 / 16.06
Lot Size / Acres
632HiwasseeRd-26
632HiwasseeRd-27

Description

Prime Development Opportunity in the Heart of Madisonville
Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location. Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded...Prime Development Opportunity in the Heart of Madisonville
Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location. Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand. The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal. An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment. This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.
  1. Listed by Luke Thompson • ReMax First

Property Details for 632 Hiwassee Road

Zoning Description
Zoned Residential
Zoning Zoned Residential
True
LISTING UPDATED: 12/27/2025 09:28 AM

Property Details for 632 Hiwassee Road

StatusActive
MLS #1324917
Days on Market24
Taxes$1,261 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage
Year Built-
Lot Size16.06 AC
CountyMonroe County

Location

Listing Courtesy of ReMax First, Luke Thompson
Add your commute

Building Information for 632 Hiwassee Road

Lot Size16.06 AC

Payment Calculator

$24,807 per month

30 year fixed, 6.28% Interest

Principal and Interest

$24,702

Property Taxes

$105

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 632 Hiwassee Road

Summary
Location and General Information
  • City: Madisonville
  • County Or Parish: Monroe County - 33
  • Directions: Selling for land value Home is being sold as is Do not show without an appointment
  • Latitude: 35.544282
  • Longitude: -84.359748
  • MLS Area Major: Monroe County - 33
  • MLS Area Minor: Monroe County - 33
  • Postal Code: 37354
  • State Or Province: TN
  • Topography: Cleared
  • Road Access Public Road: True
  • Road Frontage County: True
  • Location Tax Legal Info Area: Monroe County - 33
  • Remarks Misc Directions: Selling for land value Home is being sold as is Do not show without an appointment
  • Topography Cleared: True
  • Topography Rolling: True
Parking
  • Improvements Driveway: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 056D A 008.01
  • Location Tax Legal Info Total Tax: 1261.26
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 16.06
  • Lot Size Units: Acres
  • Lot Size Square Feet: 699573.6
  • Lot Features: Rolling, Irregular Lot
  • Lot Size Acres: 16.06
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 415126
  • General Property Description Lot Dimensions: 415126
  • General Property Description Acres: 16.06
  • General Property Description Acre Source: Estimated
  • Lot Description Irregular Lot: True
  • Lot Description Rolling: True
Property and Assessments
  • Possession: Negotiable
  • Sign On Property: Yes
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements Mineral Rights Available: True
  • Documents on File Other: True
  • Developmnt Potential Commercial: True
  • Developmnt Potential Farm: True
  • Developmnt Potential Single Family: True
  • Developmnt Potential Subdivision: True
  • Possession Negotiable: True
Utilities
  • Improvements Utilities on Site: True
  • Utilities Available Electricity: True
  • Utilities Available Sewer: True
  • Utilities Available Water: True
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: No

Property History for 632 Hiwassee Road

DateEvent & SourcePriceAppreciation
Dec 26, 2025

Listed (Active)

KAARMLS #1324917

$4,999,000—
Jan 20, 2012

Closed (Public Record)

Public Record #322524037

$199,500

+2.2% / yr

Jan 20, 2012

Closed

KAARMLS #752474

$199,500—
Jan 20, 2012

Contract - Not Showing

KAARMLS #752474

—
Mar 25, 2011

Listed (Active)

KAARMLS #752474

$297,500—
Aug 12, 2004

Closed (Public Record)

Public Record #142192232

$170,000—
DateEvent & SourcePrice
12/26/2025

Listed (Active)

KAARMLS #1324917

$4,999,000
01/20/2012

Closed (Public Record)

Public Record #322524037

$199,500

+2.2% / yr

01/20/2012

Closed

KAARMLS #752474

$199,500
01/20/2012

Contract - Not Showing

KAARMLS #752474

—
03/25/2011

Listed (Active)

KAARMLS #752474

$297,500
08/12/2004

Closed (Public Record)

Public Record #142192232

$170,000

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

Public Records for 632 Hiwassee Road

Taxable ValueLand$7,900Additions$74,925Total$82,825
Tax Record2024$1,261 ($105 / month)
Home Facts
Beds0Total Finished SqFt1,799 SqFtAbove Grade Finished SqFt1,799 SqFtUnfinished Basement SqFt1,300 SqFtStories2Lot Size699,574 SqFtStyleMiscellaneous ResidentialYear Built1994Year Renovated2002CountyMONROEAPN056D A 00801

Schools near 632 Hiwassee Road

This home is within Monroe County School District.
Rating
School
Type
Grades
Distance
Madisonville Primary School
Public - PK to 2
Madisonville Intermediate School
Public - 3 to 5
Madisonville Middle School
Public - 6 to 8
Sequoyah High School
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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More information about 632 Hiwassee Road, Madisonville, TN 37354

632 Hiwassee Road is a 16.06 ac of land for sale in Madisonville, TN 37354. This property was listed for sale on December 26, 2025 by ReMax First, it's currently listed at $4,999,000. It has been on the market for a total of 24 days and was last sold on January 20, 2012. This listing's school district is Monroe County School District. Nearby schools include Madisonville Primary School, Madisonville Intermediate School and Madisonville Middle School. 632 Hiwassee Road is a 0-bed, 0-bath, 16.06 ac of land on a 699,573 sq. ft. / 16.06 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ReMax First, Luke Thompson

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