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58 photos

$499,000

329 B Armstrong Lane, Monterey, TN 38574
Monterey, TN 38574
Listed by Brooke Phillips · The Real Estate Collective
Bedrooms
5
Bathrooms
4
Living area
N/A
Year built
1994

About this home

RARE OPPORTUNITY!! This is a truly unique hemlock log home in the heart of the historic Muddy Pond community. This home is situated on 5 peaceful acres that offers over 3,100 total finished sq ft, 5 bedrooms, 4 bathrooms, multiple private living areas, and an attached enclosed heated pool with a pavilion that creates a one-of-a-kind setting for everyday living, multi-generational families, guest accommodations, or potential income-producing use! Whether you're searching for a full-time residence, private retreat, homestead-style property, or investment opportunity, this home offers the flexibility and features rarely found on the market! Originally built in 1994 with 7-inch hemlock logs and chinking, the home combines rustic character with extensive updates and additions completed in 2022. One of the standout features of the property is the attached 30 x 50 enclosed pool with a pavilion featuring a heated 17.5 x 32-foot in-ground pool with removable glass panels and industrial ventilation fans designed to help regulate temperatures year-round. Just off the pool area, the sunroom includes an infrared sauna creating a peaceful retreat-like atmosphere. The original main living area features laminate flooring, an eat-in kitchen with stainless steel appliances, propane gas log fireplace, and an updated primary bathroom complete with a custom tile walk-in shower, new vanity, and tile flooring. The recently added private ensuite offers vaulted ceilings, can lighting, a large bedroom with a sitting area, kitchenette, a spacious custom tile shower with built-in bench seating, AND heated floor tile with a built-in laundry room! This ensuite is able to be accessed from within the main home but is also ADU accessible via a private exterior entrance. This new addition also has its own enclosed deck overlooking the peaceful wooded surroundings. This flexible living space would work well as a mother-in-law suite, private guest quarters, separate space for teenagers, or potential short-term rental setup while still remaining connected to the home. The finished basement expands the functionality of the property even further featuring its own newly added full kitchen with shiplap accents, dining area, living room, two additional bedrooms, a full bathroom, tile flooring, and additional living space ideal for extended family, guests, entertaining, or additional private quarters. A storm cellar and large walk-through attic provide abundant storage options throughout the home. Additional features include handicap accessible ramps, pull-under covered parking, central vacuum system with all attachments included, and a metal roof replaced approximately 7 years ago. The home is heated with a propane system connected to a buried 500-gallon propane tank and can also be heated using a Mennonite-built wood-burning stove connected to the home's ductwork system. With enough wood already cut on the property to last at least three more winters, the home offers additional peace of mind and efficiency. You'll also be pleased to know the electric water heater carries a lifetime warranty through Lowe's. Located approximately 20 minutes from Monterey and within driving distance to both Nashville and Knoxville, this property places you near the bakeries, coffee shops, country stores, and peaceful scenery that make the Muddy Pond area so well known. Properties offering this level of flexibility, privacy, and unique amenities rarely become available. **NOTE** Square footage includes additions and basement living areas. All measurements and information are believed to be accurate but are not guaranteed. Buyer to verify square footage, measurements, and information before making an informed offer.

Highlights

Fireplace

Property details

MLS #
1340592
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
134
On market date
May 13, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
5 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Wilson Elementary
4 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
Clarkrange High School
5.43 mi away · Grades 9-12
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
262
Student:teacher ratio
10.9:1
District
Fentress 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 134 days -- 208 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

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

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 3 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.