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About this home
Register now and place your bids at AlleyAuction.com! Discover a rare opportunity to own 22.8± acres in Madisonville with an established equestrian setup, multiple living spaces, income potential, and beautiful year round Smoky Mountain views. The main home is a well maintained 3 bedroom, 2 bath ranch offering 1,920 square feet of living space, featuring whitewashed pine walls, 9.5 foot ceilings, new appliances, a metal roof, new HVAC and water heater, and an expansive 10x40 covered front porch overlooking the mountains. The primary suite includes a trey ceiling, double walk in closets, and a walk in shower, creating a comfortable private retreat. The equestrian facilities are designed for both personal use and potential income, featuring a 38x40 barn with 7 stalls expandable to 10, hot and cold water, electricity at each stall, and stall mats that convey. The property also includes a 280x120 riding arena, multiple paddocks, a wash station, covered storage, and a fully fenced layout. Attached to the barn is a separate 2 bedroom, 1 bath residence with 640 square feet and its own 40 foot covered porch, providing flexibility for guests, multigenerational living, or rental income. The equestrian facilities also offer the potential for an income producing horse focused Airbnb or individual stall rentals, subject to applicable regulations. Additional improvements include a new 24x8 storage shed, another large outbuilding, a creek, and plenty of usable acreage for recreation, animals, or future plans. With established equestrian amenities, multiple residences, mountain views, and potential income opportunities, this property offers a versatile combination of rural lifestyle and investment potential in Monroe County. Open House and Auction Details Come experience the acreage, mountain views, equestrian facilities, and multiple living spaces for yourself. Join us at the Open House on September 23rd to walk the property and explore everything this exceptional Madisonville farm has to offer. To participate in this Monroe County TN real estate auction, visit alleyauction.com to register and place your bid. Registration is quick and simple. Mark your calendar for the final Auction Date on September 29th and don't miss the opportunity to own this exceptional Smoky Mountain equestrian estate with Alley Realty & Auction.
Property details
- MLS #
- 1353048
- Property type
- Single Family Residence
- Subdivision
- N/A
- Status
- Active
- Days on market
- 1
- On market date
- August 25, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 22.82 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 436
- Student:teacher ratio
- 18.2:1
- District
- Monroe County
- Enrollment
- 473
- Student:teacher ratio
- 18.2:1
- District
- Monroe County
- 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).
Market position
How this listing compares to current activity in Madisonville, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated August 25, 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.