Welcome to your dream property! This magnificent real estate offers a once-in-a-lifetime opportunity to own two spacious lots within a prestigious gated community that boasts exclusive access to the breathtaking Laurel Lake. The two adjoining lots with mature hardwoods are perfect for creating your private retreat or a stunning estate. There is a community dock located directly across the street from these lots. This property ensures privacy, security, and a sense of exclusivity. As a resident of this community, you'll have privileged access to Laurel Lake, a magnificent 70-acre freshwater spring-fed lake. Whether you're an avid swimmer or enjoy fishing, this serene lake offers the perfect environment for a variety of water activities. Imagine spending your days relaxing on the shore, enjoying breathtaking sunsets, or kayaking along the calm waters. Community offers a boat ramp, picnic area, and beach entrance/swimming area. Call today to arrange a viewing of this remarkable property.
Property Details
Property Features
Listing Office:
Office Name: Weichert Realtors SEM Assoc
Office Phone: (423) 220-3672
Exterior Features
Exterior Information:
Waterfront: Lake Access
View: Lake
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 2.56 Acres
School Info
Assigned Schools Information:
Sequoyah High School, Public District Grades 9-12
Sweetwater High School, Public District Grades 9-12
Madisonville Middle School, Public District Grades 6-8
Madisonville Intermediate School, Public District Grades 3-5
Other
Directions Information:
Directions: From S.R. 68 turn left onto Bethlehem Church Rd to right on Laurel Branch Rd. After entering the gate stay left on Laurel Lake Circle. The property is located at the end of the lake on the left past the dam.
Price Information
Listing Price Info
Price Summary:
List Price: $119,900
HOA Fees:
Amount: $400
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Madisonville, TN.
This property is $200K less than the Median Sold Price in Madisonville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1226029
Listing Office:
Office Name: Weichert Realtors SEM Assoc
Office Phone: (423) 220-3672
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$699
Per Month
Principal & Interest
$599
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$33
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$426
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Madisonville Intermediate School
1000 Green Rd
Distance between this listing and this school7.62 miles
Public District Grades 3-5
Middle School
4
/10
Madisonville Middle School
175 Oak Grove Rd
Distance between this listing and this school7.57 miles
Public District Grades 6-8
High School
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school8.14 miles
Public District Grades 9-12
5
/10
Sweetwater High School
414 S High St
Distance between this listing and this school14.01 miles
Public District Grades 9-12
Assigned Schools
5
/10
Madisonville Intermediate School
1000 Green Rd
Distance between this listing and this school7.62 miles
Public District Grades 3-5
Nearby Schools
3
/10
Tellico Plains Elementary School
121 Old High School Rd
Distance between this listing and this school3.52 miles
Public District Grades PK-4
4
/10
Vonore Elementary School
1135 Highway 411
Distance between this listing and this school11.94 miles
Public District Grades PK-5
Assigned Schools
4
/10
Madisonville Middle School
175 Oak Grove Rd
Distance between this listing and this school7.57 miles
Public District Grades 6-8
Nearby Schools
6
/10
Tellico Plains Junior High School
120 Old High School Rd
Distance between this listing and this school3.50 miles
Public District Grades 5-8
6
/10
Rural Vale Elementary School
395 Daugherty Spring Rd
Distance between this listing and this school7.71 miles
Public District Grades KG-8
Assigned Schools
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school8.14 miles
Public District Grades 9-12
5
/10
Sweetwater High School
414 S High St
Distance between this listing and this school14.01 miles
Public District Grades 9-12
Nearby Schools
6
/10
Tellico Plains High School
9180 Hwy 68
Distance between this listing and this school4.34 miles
The neighbors living near this home have an average income of $43,853. The most common annual income of people living in Madisonville, TN is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 748 Laurel Lake Cir
What is the listing price of this property?
The listing price of 748 Laurel Lake Cir property is $119,900.
What type of property is this?
The property 748 Laurel Lake Cir is land located in Madisonville, Tennessee, 37354.
Is this property for sale now?
Active Listing: 748 Laurel Lake Cir is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 748 Laurel Lake Cir are: Madisonville Intermediate School: GreatSchools Rating 5/10Madisonville Middle School: GreatSchools Rating 4/10Sequoyah High School: GreatSchools Rating 5/10Sweetwater High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 748 Laurel Lake Cir in Madisonville, TN and zip code 37354 in the Laurel Mountain Lakes neighborhood. This home sits on a 2.56 acre lot. It has been listed on Rocket Homes since May 06, 2023 and is currently priced at $119,900.
In April 2024 more than 6 listings in Madisonville, TN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. Between March 2024 and April 2024, Madisonville, TN real estate market has seen decrease in the number of listings by 3%. In April 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $319,900.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
NASCAR
NASCAR
Hunting
Monster Trucks
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Ram
Chevrolet
Classic Country
New Country