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Off market
  • $753,300

    489 Hickory Grove Rd, Madisonville, TN 37354

    9beds
    8,000sqft
    SingleFamily
    Built in 2015
    270 Acres Lot
    $-- Zestimate®
    $94/sqft
    $1,002 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,002/mo

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    What's special

    Discover Tellico Equestrian Retreat: A Secluded Retreat with Endless Possibilities! Nestled midway between Tellico Plains and Madisonville, this extraordinary 270-acre partially furnished estate offers the ultimate in privacy and natural beauty. Acquired in 2006 and meticulously developed, this property was envisioned as a premier equestrian retreat and now presents a unique opportunity for a private sanctuary or a lucrative bed & breakfast. While wonderfully secluded, you're just 12 minutes from everyday conveniences like Ingles and Walmart, and only 40 miles from the airport. The Main Residence Experience the charm of a beautifully remodeled and expanded home, now over 6,000 sq/ft (including garage, laundry, and pantry). This 5.5-bath residence seamlessly blends rustic elegance with modern comforts, featuring tongue and groove walls and hardwood floors throughout. The original 3-bedroom, 2-bath house is complemented by a spacious three-story addition (2014/2015) designed with a B&B setup in mind. This includes a large master suite with a dinette eating area, a convenient half-bath, and an upstairs lounge/bedroom with a full bath, balcony, and more hardwood floors. The oversized triple garage boasts comfortable radiant floor heating. Enjoy peace of mind with a Generac generator, a recently rebuilt well (new tank and pump in the last year), and a newly remodeled kitchen. A wood stove behind the house efficiently heats water for the radiant floor system. Additional Structures & Amenities Game Room/Guest Building: Located across the concrete driveway, this 600 sq/ft building features tongue and groove walls, hardwood floors, and a full bath – perfect for guests or entertaining. The concrete driveway is also ideal for motorcycle tourists. Barn & Apartment: Built in 2008/2009, the barn offers four paddocks, a meeting area, a half-bath, and an attached garage. Above the barn is a comfortable 2-bedroom, 1-bath apartment. Equipment Garage & Caretaker's Apartment: Constructed approximately six years ago, this building features high UV-rated automatic doors and houses a 1-bedroom, 1-bath apartment with tongue and groove walls and hardwood floors, originally intended for a caretaker. Equestrian & Farm Facilities: Beyond the barn, you'll find four hen houses with elaborate roosts and aviary enclosures, complete with numerous laying hens (negotiable for sale with or without chickens!). Two adjoining carports provide ample equipment storage, and an enclosed metal hay storage building is situated in a small pasture. Optional Equipment: A range of valuable equipment, including a skid steer (for hay, wood splitting, or trail maintenance), a modern 4WD Kubota tractor with implements, an older Kubota RTV 900, and two Daihatsu mini trucks for property access, may be included in the sale. A Nature Lover's Dream Tellico Equestrian Retreat boasts extensive private nature trails and inviting pavilions, including the "Boy Hideaway" built in 2009. This property is in a Secluded wooded setting, offering unparalleled tranquility and outdoor enjoyment.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Heating
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Concrete, Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 8,000 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 270 Acres
    Details
    • Parcel number: 11402504000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Footing
    • Roof: Metal
    Condition
    • Year built: 2015

    Community & neighborhood

    Location
    • Region: Madisonville

    Price history

    DateEventPrice
    4/5/2026Listing removed--
    Source: Owner Report a problem
    1/5/2026Price change$2,295,000-4.2%$287/sqft
    Source: Owner Report a problem
    10/13/2025Listed for sale$2,395,000-2.2%$299/sqft
    Source: Owner Report a problem
    10/3/2025Listing removed$2,450,000$306/sqft
    Source: East Tennessee Realtors #1306931 Report a problem
    9/17/2025Price change$2,450,000+53.6%$306/sqft
    Source: East Tennessee Realtors #1306931 Report a problem
    8/11/2025Price change$1,595,000-3.3%$199/sqft
    Source: East Tennessee Realtors #1306931 Report a problem
    7/2/2025Listed for sale$1,650,000+683.8%$206/sqft
    Source: East Tennessee Realtors #1306931 Report a problem
    8/2/2006Sold$210,500$26/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,589 $170,000
    2024$2,589 $170,000
    2023$2,589 +11.9%$170,000 +64.5%
    2022$2,314 $103,325
    2021$2,314 $103,325
    2020$2,314 +13.1%$103,325
    2019$2,045 +19%$103,325 +19%
    2018$1,719 0%$86,825 +12.9%
    2017$1,719 -4.4%$76,900 -10.5%
    2016$1,798 +125%$85,875 +125%
    2015$799 +0%$38,175 +0%
    2014$799 $38,174
    2013$799 $38,174
    2012-- $38,174 +2.7%
    2011$725 +23.4%$37,172
    2010$587 $37,172
    2009$587 +31.6%$37,172 +31.6%
    2008$446 $28,253
    2007-- $28,253 -35.3%
    2006$843 +14.9%$43,659
    2005$733 +19%$43,659 +35.3%
    2004$616 $32,274
    2002$616 $32,274
    2001-- $32,274 -61.8%
    2000-- $84,435

    Find assessor info on the county website

    Neighborhood: 37354

    Nearby schools

    GreatSchools rating
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