Last Sold Price
24,829 Lot Size0.57 Acres
lot 39 Peninsula Rd, Madisonville, TN 37354

Description

One of the last lakefront lots in the Laurel Lake Community! Build your dream home or lake getaway on this peaceful, wooded lot! Eastern facing for sunrises and enjoy shade in evenings from your future dock or porch. Bring your kayaks and inflatable floats, this lake has restrictions against powerboats so the reduction in pollution and noise will make this homesite a sanctuary where you can easily relax with loved ones and live the lakefront living lifestyle! Residents have access to amenities including...One of the last lakefront lots in the Laurel Lake Community! Build your dream home or lake getaway on this peaceful, wooded lot! Eastern facing for sunrises and enjoy shade in evenings from your future dock or porch. Bring your kayaks and inflatable floats, this lake has restrictions against powerboats so the reduction in pollution and noise will make this homesite a sanctuary where you can easily relax with loved ones and live the lakefront living lifestyle! Residents have access to amenities including a private beach for swimming, pavilion, walking trails, boat ramp, & more! Located at the Gateway to the Cherokee National Forest and in the Foothills of the Great Smoky Mountain National Park. Nearby is the town of Tellico Plains with countless outdoor and recreational opportunities!
LISTING CLOSED: 07/28/2022 12:00 AM

  1. Listed by Polly Harrison • Lakefront Living, On The Lake Realty

Property Details for Lot 39 Peninsula Road

Status
MLS #
1186656
Days on Market
92
Taxes
$315 / year
HOA Fees
$200 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Lots & Acreage
Year Built
-
Lot Size
0.57 AC
Sub division Name
Laurel Lake
Zoning Description
Zoned Residential
View
Country Setting, Seasonal Lake View
Zoning Zoned Residential
True

Recent comparable sales

Median sold price

$60,000

Avg days on market

200

Sale-to-list ratio

82.2%

Madisonville, TN

9 comparable properties found

$22,000 | Lot120 Laurel Lake Circle, Madisonville, TN 37354
1/15
1

$22,000

Sold 04/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.48
Acres
$18,000 | Lot119 Laurel Lake Circle, Madisonville, TN 37354
1/11
2

$18,000

Sold 01/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.77
Acres
$530,000 | 0 Polly Mountain Road, Madisonville, TN 37354
1/61
3

$530,000

Sold 02/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
140.1
Acres
$32,000 | Lot 170 Laurel Lake Circle, Madisonville, TN 37354
1/4
4

$32,000

Sold 04/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.81
Acres
$35,000 | 274-278 Laurel Mountain Loop, Madisonville, TN 37354
1/4
5

$35,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.7
Acres
$105,000 | Happy Hollow Road, Madisonville, TN 37354
1/12
6

$105,000

Sold 02/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
13.31
Acres
$82,000 | Taywell Drive, Madisonville, TN 37354
1/13
7

$82,000

Sold 04/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.55
Acres
$76,000 | Stinnett Road, Madisonville, TN 37354
1/16
8

$76,000

Sold 11/21/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4
Acres
$60,000 | Country Lane, Madisonville, TN 37354
1/21
9

$60,000

Sold 07/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.5
Acres

Location

Listing Courtesy of Lakefront Living, On The Lake Realty, Polly Harrison

Sold By Alliance Sotheby's International Realty, Brenda Poe (423.782.6451)

Add your commute

Building Information for Lot 39 Peninsula Road

Lot Size0.57 AC

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$399 per month

30 year fixed, 6.55% Interest

Principal and Interest

$356

Property Taxes

$26

HOA Dues

$17

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Property Information for Lot 39 Peninsula Road

Summary
Location and General Information
  • City: Madisonville
  • County Or Parish: Monroe County - 33
  • Directions: Highway 68 South, Left onto Countryside Lane, Right onto Big Creek, Right to Laurel Branch, drive to the end of the road and you will be at the gate. Once through the gate take the second Left (Laurel Lake Circle) and drive to Peninsula Rd, lot on right
  • FrontageType: Lakefront
  • Latitude: 35.429588
  • Longitude: -84.329261
  • MLS Area Major: Monroe County - 33
  • MLS Area Minor: Monroe County - 33
  • Postal Code: 37354
  • State Or Province: TN
  • Road Frontage Private: True
  • View Country Setting: True
  • View Lakefront: True
  • View Seasonal Lake View: True
  • Location Tax Legal Info Community: Laurel Lake
  • Location Tax Legal Info Area: Monroe County - 33
  • Remarks Misc Directions: Highway 68 South, Left onto Countryside Lane, Right onto Big Creek, Right to Laurel Branch, drive to the end of the road and you will be at the gate. Once through the gate take the second Left (Laurel Lake Circle) and drive to Peninsula Rd, lot on right
  • Amenities Available Lake: true
Taxes and HOA Information
  • Association Fee: 200.0
  • Association Fee Frequency: Yearly
  • Parcel Number: 115G B 022.00
  • Location Tax Legal Info Total Tax: 315.22
  • General Property Description HOA Fee: 200.0
  • General Property Description HOA Freq: Yearly
  • General Property Description HOA Contact: 423-337-1953
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.57
  • Lot Size Units: Acres
  • Lot Size Square Feet: 24829.2
  • Lot Features: Cul-De-Sac, Lakefront, Private, Rolling, Wooded
  • Lot Size Acres: 0.57
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: 234x90x189x182
  • General Property Description Lot Dimensions: 234x90x189x182
  • General Property Description Acres: 0.57
  • General Property Description Acre Source: Tax Records
  • Lot Description Cul-De-Sac: True
  • Lot Description Lakefront: True
  • Lot Description Private: True
  • Lot Description Rolling: True
  • Lot Description Wooded: True
  • Lot Description Rolling Slope: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: Yes
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements Typical Subdivision: True
  • Documents on File Restrictions: True
  • Developmnt Potential Single Family: True
  • Possession At Closing: True
Utilities
  • Improvements Utilities on Site: True
  • Utilities Available Electricity: True
  • Utilities Available Telephone: True
  • Utilities Available Water: True
Interior and Exterior Features
Exterior Features
  • Community Amenities Boat Ramp: True
  • Community Amenities Gated Community: True
  • Community Amenities Lake Access: True
  • Community Amenities PicnicBarbeque Area: True
  • Community Amenities Other: True
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: Yes

Property History for Lot 39 Peninsula Road

DateEvent & SourcePriceAppreciation
Jul 28, 2022

Closed

KAARMLS #1186656

$70,000
Jul 7, 2022

Contract - Not Showing

KAARMLS #1186656

Apr 6, 2022

Listed (Active)

KAARMLS #1186656

$82,900
DateEvent & SourcePrice
07/28/2022

Closed

KAARMLS #1186656

$70,000
07/07/2022

Contract - Not Showing

KAARMLS #1186656

04/06/2022

Listed (Active)

KAARMLS #1186656

$82,900

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

Schools near Lot 39 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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lakefront Living, On The Lake Realty, Polly Harrison

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 07/28/2022 11:46 AM