IMG_8668 - 4061 New Highway 68, Madisonville, TN 37354, Madisonville
IMG_8663 - 4061 New Highway 68, Madisonville, TN 37354, Madisonville
IMG_8664 - 4061 New Highway 68, Madisonville, TN 37354, Madisonville
IMG_8665 - 4061 New Highway 68, Madisonville, TN 37354, Madisonville
IMG_8667 - 4061 New Highway 68, Madisonville, TN 37354, Madisonville
IMG_8669 - 4061 New Highway 68, Madisonville, TN 37354, Madisonville
New Highway 68 Approx Boundary Lines - 4061 New Highway 68, Madisonville, TN 37354, Madisonville
7 photos

$1,242,000

4061 New Highway 68, Madisonville, TN 37354
Madisonville, TN 37354
Listed by James P. Lee · Norman Lee Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This versatile property offers city water access, a beautiful building site, and excellent potential for development with a 6-inch water line located along the highway. Ideal for a business location, private estate, or future investment opportunity. Soil map has been completed! Conveniently located just 12 miles from I-75 with no zoning or restrictions. Property consists of three parcels: Parcel 067 032.00 (42.57 acres), Parcel 067 032.20 (3.98 acres), and Parcel 067 032.21 (5.28 acres).

Property details

MLS #
1340652
Property type
Land
Subdivision
Printis Woods Phase Three
Status
Active
Days on market
108
On market date
May 13, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
51.83 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Madisonville Primary
1.32 mi away · Grades -1-2
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
578
Student:teacher ratio
16.1:1
District
Monroe County
Middle
Madisonville Middle School
2.25 mi away · Grades 6-8
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
473
Student:teacher ratio
18.2:1
District
Monroe County
High
Sequoyah High School
4.37 mi away · Grades 9-12
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
873
Student:teacher ratio
15.9:1
District
Monroe County

Walkability

Blended score for Madisonville'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
2.5 / 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 Madisonville, from live MLS data.

On the market 108 days -- 31 fewer days than Madisonville's current average of 139 days.
For reference, the median list price across 131 active listings in Madisonville right now is $289,450.

Mortgage calculator

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

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Est. monthly payment
$7,629/mo
$248,400 down
$993,600 loan
Principal & interest$6,444
Property tax (est.)$1,035
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 29 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.