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60 photos

$749,000

700 Falls Rd, Monterey, TN 38574
Monterey, TN 38574
Listed by Chena Morris · The Real Estate Collective
Bedrooms
5
Bathrooms
4.5
Living area
N/A
Year built
2007

About this home

Custom-built home on 8.8 wooded acres in Cumberland Cove offering privacy, space, and versatility. This 5-bedroom, 4.5-bath home features 4,396 sq ft with hardwood floors, solid wood doors, granite countertops, stainless appliances, and a floor-to-ceiling gas fireplace. Two main-level primary suites plus a formal dining room and dedicated home office provide flexible living options. The finished walk-out basement includes its own driveway, entrance, kitchen, bedroom, full bath, and bonus space--ideal for guests, multigenerational living, or potential rental use. Enjoy a peaceful spring-fed pond, about 3 cleared acres suitable for animals, a wired and insulated 12x16 shed, central vacuum, security system, generator, and newer HVAC. A rare blend of acreage, upgrades, and functionality in a scenic Tennessee setting.

Highlights

Fireplace

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1347021
Property type
Single Family Residence
Subdivision
Cumberland Cove Unit 1
Status
Active
Days on market
174
On market date
October 27, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
2
Parking spaces
N/A
Lot size
8.8 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
Pleasant Hill Elementary
5.37 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
657
Student:teacher ratio
18.3:1
District
Cumberland County
Middle
None found nearby
High
Monterey High School
6.73 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).

10
Very car-dependent
out of 100
EPA National Walkability Index
3.3 / 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 174 days -- 46 more days than Monterey's current average of 128 days.
For reference, the median list price across 130 active listings in Monterey right now is $179,929.

Mortgage calculator

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

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Est. monthly payment
$4,661/mo
$149,800 down
$599,200 loan
Principal & interest$3,886
Property tax (est.)$624
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 1 days ago.

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.