For salePrice cut: $50.9K (4/6)
$449,000
3beds
1,896sqft
124 Peninsula Rd, Madisonville, TN 37354
3beds
1,896sqft
Single family residence
Built in 1978
0.52 Acres
Main level
$237 price/sqft
$46/mo HOA
What's special
**Motivated seller! Sellers have a new home under contract and ready to sell!** Welcome to lake living in the gated community of Laurel Mountain Lakes. This 3 bedroom, 2 bath home offers approximately 1,896 square feet and the perfect blend of comfort, privacy, and waterfront access. The main level features two ...
- 51 days |
- 1,746 |
- 112 |
Source: East Tennessee Realtors,MLS#: 1332665
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked: 7 hours ago
Listing updated: April 29, 2026 at 12:49pm
Listed by:
Barbara Ratledge 423-519-6287,
East Tennessee Properties, LLC 423-453-5722,
Jason Ratledge 865-410-1725,
East Tennessee Properties, LLC
Source: East Tennessee Realtors,MLS#: 1332665
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bonus Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Cathedral Ceiling(s), Kitchen Island, Bonus Room
- Flooring: Carpet
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,896
- Total interior livable area: 1,896 sqft
Property
Parking
- Parking features: Main Level
Features
- Exterior features: Prof Landscaped, Balcony, Dock
- Has view: Yes
- View description: Mountain(s), Trees/Woods
- Has water view: Yes
- Waterfront features: Lake/Water Access, Waterfront
- Frontage type: Lakefront
Lot
- Size: 0.52 Acres
- Features: Private, Irregular Lot
Details
- Additional structures: Storage
- Parcel number: 115G B 02100 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Other
Community & HOA
Community
- Security: Gated Community
- Subdivision: Laurel Lake
HOA
- Has HOA: Yes
- HOA fee: $550 annually
Location
- Region: Madisonville
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $271,600
- Annual tax amount: $1,034
- Date on market: 4/6/2026
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Price change | $449,000-10.2%$237/sqft |
Source:  East Tennessee Realtors #1332665 Report a problem | ||
| 3/18/2026 | Listed for sale | $499,900+126.2%$264/sqft |
Source: East Tennessee Realtors #1332665 Report a problem | ||
| 1/21/2020 | Sold | $221,000-1.8%$117/sqft |
Source: East Tennessee Realtors #1052961 Report a problem | ||
| 12/12/2019 | Pending sale | $225,000$119/sqft |
Source: CENTURY 21 Howe Realty & Auction #1052961 Report a problem | ||
| 12/4/2019 | Price change | $225,000-5.9%$119/sqft |
Source: CENTURY 21 Howe Realty & Auction #1052961 Report a problem | ||
| 10/28/2019 | Listed for sale | $239,000$126/sqft |
Source: CENTURY 21 Howe Realty & Auction #1052961 Report a problem | ||
| 10/3/2019 | Pending sale | $239,000$126/sqft |
Source: CENTURY 21 Howe Realty & Auction #1052961 Report a problem | ||
| 8/16/2018 | Listed for sale | $239,000+298.3%$126/sqft |
Source: CENTURY 21 Howe Realty & Auction #1052961 Report a problem | ||
| 10/28/1994 | Sold | $60,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,034 | $67,900 |
| 2024 | $1,034 | $67,900 |
| 2023 | $1,034 +0.2% | $67,900 +47.4% |
| 2022 | $1,032 +6.7% | $46,075 +6.7% |
| 2021 | $968 | $43,200 |
| 2020 | $968 +13.1% | $43,200 |
| 2019 | $855 | $43,200 |
| 2018 | $855 +0% | $43,200 +25.6% |
| 2017 | $855 +22% | $34,400 +2.8% |
| 2016 | $701 | $33,475 |
| 2015 | $701 0% | $33,475 0% |
| 2014 | $701 | $33,476 |
| 2013 | $701 | $33,476 |
| 2012 | -- | $33,476 +14.2% |
| 2011 | $572 +23.4% | $29,316 |
| 2010 | $463 | $29,316 |
| 2009 | $463 0% | $29,316 |
| 2008 | $463 | $29,316 |
| 2007 | -- | $29,316 +9.1% |
| 2006 | $519 +14.9% | $26,873 |
| 2005 | $451 +1.7% | $26,873 +15.6% |
| 2004 | $444 | $23,249 |
| 2002 | $444 | $23,249 |
| 2001 | -- | $23,249 -72% |
| 2000 | -- | $83,154 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,407/mo
Principal & interest
$2196
Property taxes
$165
HOA Fees
$46
More affordability tools
Estimated market value
Not available
Estimated sales range
Not available
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Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 37354
Nearby schools
GreatSchools rating
- NAMadisonville Primary SchoolGrades: PK-2Distance: 6.7 mi
- 5/10Madisonville Middle SchoolGrades: 6-8Distance: 7.5 mi
- 5/10Sequoyah High SchoolGrades: 9-12Distance: 8.2 mi
- Tennessee
- Monroe County
- Madisonville
- 37354
- 124 Peninsula Rd