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29 photos

$6,000,000

Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A
Dripping Springs Rd
Monterey, TN 38574
Listed by Home Touch Realty, LLC

Highlights

Property type
Land
Lot size
600 acres
On market
99 days

About this home

Endless possibilities await with this exceptional tract of land offering the perfect blend of cleared acreage, wooded privacy, and natural beauty. Whether you're looking to develop a subdivision, establish a working farm, create a private family compound, or invest in a one-of-a-kind property, this land is ready to bring your vision to life. Featuring over 300 acres of cleared land and approximately 300 acres of mature woodland, the property offers level to rolling terrain, scenic creek frontage, impressive bluffs, and approximately one mile of gravel road already in place for easy access throughout. Multiple potential building sites provide ample opportunities for residential, agricultural, or recreational use. Imagine creating a multi-generational family estate, expanding farming operations, or developing a thoughtfully planned community. The seller will consider dividing the property, providing additional flexibility to meet your needs. A portion of the property contains an underground mine shaft from many years ago. Buyers are encouraged to perform their own due diligence regarding the property and its intended use. Don't miss this rare opportunity to own a truly remarkable piece of land with unlimited potential. Call today for more information or to discuss acreage options.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1349866
Property type
Land
Subdivision
N/A
Status
Active
Days on market
99
On market date
July 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
600 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Burks Elementary
4.21 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
480
Student:teacher ratio
13.7:1
District
Putnam County
Middle
None found nearby
High
Monterey High School
4.38 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
594
Student:teacher ratio
17.0:1
District
Putnam County

Walkability

Blended score for Monterey's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

13
Very car-dependent
out of 100
EPA National Walkability Index
4.2 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Monterey, from live MLS data.

On the market 99 days -- 47 fewer days than Monterey's current average of 146 days.
For reference, the median list price across 131 active listings in Monterey right now is $141,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$36,283/mo
$1,200,000 down
$4,800,000 loan
Principal & interest$31,133
Property tax (est.)$5,000
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS. Last updated July 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.