For sale

Price cut: $2K (1/12)

$269,000

260 Fate Ivy Rd, Monterey, TN 38574

3beds

1,470sqft

Est.:

Site Built

Built in 1972

2.16 Acres Lot

$255,800 Zestimate^®

$183/sqft

$-- HOA

What's special

Basement Ranch Awaiting Your Personal Touch This property is ready for you to transform into your dream home. Although the sellers were unable to finish all their intended projects, they are happy to leave behind materials for you to use. This property is eager to become your forever haven! This unrestricted acreage invites you to make it truly yours. It is ready for the dogs, kids, a large garden or backyard chickens! Enjoy stunning views of a large lake and mature trees, providing a park-like atmosphere to relax from the spacious deck. The full, unfinished basement features a third back up heat source with a wood-burning stove insert. With ample land available, there's even potential to build another home for extended family. Located under five minutes from downtown Monterey, you'll have convenient access to dining and shopping. Experience the charm of this small town, often described as where the mountains kiss the sky! This home may qualify for an FHA Renovation Loan!

225 days

965

62

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Natural Gas, Wood, Central

Cooling

Central Air

Appliances

Included: Electric Oven, Refrigerator, Electric Range, Electric Water Heater
Laundry: Main Level

Features

New Floor Covering, New Paint
Windows: Double Pane Windows
Basement: Partial,Block,Walk-Out Access,Unfinished
Number of fireplaces: 1
Fireplace features: One, Insert, Wood Burning

Interior area

Total structure area: 1,470
Total interior livable area: 1,470 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: RV Access/Parking, None

Features

Levels: One
Patio & porch: Porch, Deck
Exterior features: Horses Allowed, Lighting, Garden
Has view: Yes
View description: No Water Frontage View Description
Water view: No Water Frontage View Description
Waterfront features: No Water Frontage View Description

Lot

Size: 2.16 Acres
Features: Irregular Lot, Horse Property, Wooded, Views, Trees

Details

Parcel number: 049 032.00
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Property subtype: Site Built

Materials

Brick, Vinyl Siding, Frame
Roof: Metal

Condition

Year built: 1972

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: Septic Tank
Water: Utility District
Utilities for property: Natural Gas Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

HOA

Has HOA: No
Amenities included: None

Location

Region: Monterey

Financial & listing details

Price per square foot: $183/sqft
Tax assessed value: $147,800
Annual tax amount: $982
Date on market: 6/5/2025

Estimated market value

$255,800

$243,000 - $269,000

$1,568/mo

Price history

Date	Event	Price
1/12/2026	Price change	$269,000-0.7%$183/sqft
Source: UCMLS #237024 Report a problem
10/24/2025	Price change	$271,000-0.4%$184/sqft
Source: UCMLS #237024 Report a problem
10/17/2025	Price change	$272,000-0.4%$185/sqft
Source: UCMLS #237024 Report a problem
10/10/2025	Price change	$273,000-0.4%$186/sqft
Source: UCMLS #237024 Report a problem
10/3/2025	Price change	$274,000-0.4%$186/sqft
Source: East Tennessee Realtors #1303547 Report a problem