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$166,998

220 Pierce Lane, Monterey, TN 38574
Monterey, TN 38574
Listed by Elijah Castelli · Elevate Real Estate
Bedrooms
2
Bathrooms
1
Living area
N/A
Year built
1997

About this home

Great opportunity to own an affordable home in a wonderful neighborhood--priced to move! This charming 2 bedroom, 1 bath home offers 1040 sqft of comfortable one-level living, making it ideal for first-time buyers, downsizers, or anyone seeking simple, convenient living. Situated on nearly half an acre, the property provides plenty of outdoor space to relax, garden, or enjoy the peaceful surroundings. Step outside & unwind to the soothing sounds of the nearby creek flowing just beyond the backyard, creating a quiet & relaxing setting that feels tucked away while still being conveniently located. Chicken coop included, fencing not included. There are no HOA fees, giving you more freedom & fewer monthly expenses. Property could be a homesteader's dream! Friendly neighbors & a private atmosphere make this a truly welcoming place to settle in. Conveniently located just minutes to Wilson Elementary School, this home offers comfort, value, & charm all in one appealing package.

Property details

MLS #
1333216
Property type
Single Family Residence
Subdivision
Chad Eric Stephens Property
Status
Active
Days on market
156
On market date
March 18, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.46 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Wilson Elementary
1.93 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
179
Student:teacher ratio
10.5:1
District
Overton County
Middle
None found nearby
High
Monterey High School
6.11 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

8
Very car-dependent
out of 100
EPA National Walkability Index
2.7 / 20 -- Least walkable
Nearby-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 156 days -- 186 fewer days than Monterey's current average of 342 days.
For reference, the median list price across 157 active listings in Monterey right now is $64,900.

Mortgage calculator

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Est. monthly payment
$1,156/mo
$33,400 down
$133,598 loan
Principal & interest$867
Property tax (est.)$139
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 16, 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.