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For sale
  • $1,200,000

    1245 Paint Rock Valley Rd, Philadelphia, TN 37846

    4beds
    2,851sqft
    : 
    Single Family Residence
    Built in 1936
    71.14 Acres Lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Two small pondsWooded acreageRolling pasturelandSeveral chicken coopsTack roomWet weather creekRiding arena
    Welcome to The Philly Farm -- a rare opportunity to own a fully operational, multi-use farm in the heart of Philadelphia where functionality, beauty, and country lifestyle all come together on 72 breathtaking acres. Whether you're looking for a thriving cattle and horse operation, an equestrian property, a family homestead, or a private Tennessee retreat, this extraordinary farm, with 2,700 feet of county road frontage is ready to go from day one. At the heart of the property sits an adorable and functional 2,800 square foot brick farmhouse featuring 4 bedrooms and 3 bathrooms that has remained in the same family since the 1930s. Full of warmth, history, and timeless character, the home offers the perfect blend of comfortable country living and authentic farm charm. The property also includes a 2015, 1,680 square foot, 3 bedroom, 2 bathroom mobile home set on a permanent foundation. Ideal for rental income, guest accommodations, or housing farm employees, this second residence adds tremendous flexibility and value. Together, both homes create the perfect setup for a multigenerational family compound where everyone can enjoy privacy while still living together on one incredible property. Designed for serious farming while still embracing the peaceful beauty of East Tennessee, the land is fully perimeter fenced with several cross-fenced paddocks for efficient livestock rotation and management. A complete cattle working system includes a working chute with head gate, mid-fence automatic watering stations, and underground watering systems throughout the horse pasture. Equestrian enthusiasts will appreciate the impressive 70x50 horse barn complete with electricity and water, three stalls, one of which is enclosed inside and out, tack room, riding arena, and a fully functioning septic system already in place. An added bonus is a 20x20 quail hatchery, offering even more versatility for hobby farming or expanding agricultural operations. Additional improvements include a brand-new 50x50 hay barn, a 38x24 fully concreted barn/workshop with electricity, water, feed hall, and four indoor/outdoor dog kennels, plus an expansive 118x60 fully concreted workshop with utilities. The farm also features an old-style 78x46 equipment storage barn, multiple animal shelters, several chicken coops, and a charming 'pickin' shed' -- the perfect place to gather with family and friends to play guitar, banjo, and enjoy peaceful Tennessee evenings. For outdoor lovers, the property offers approximately 30 acres of fenced hunting and trail-riding land with incredible ridge-top views overlooking both the eastern and western valleys. Two small ponds, a wet weather creek, rolling pastureland, wooded acreage, and panoramic scenery make this property as beautiful as it is functional. The Philly Farm is more than a farm -- it's a legacy property. A true working farm that continues to thrive today while offering endless possibilities for cattle, horses, recreation, homesteading, rental income, or multigenerational living. Properties with this level of infrastructure, usable acreage, natural beauty, and versatility rarely become available in East Tennessee.
    10 days
    |
    3,790
    |
    47
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Brack 423-715-7706,

    CENTURY 21 Legacy 423-745-4446

    Source: East Tennessee Realtors,MLS#: 1340395MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      Features
      • Flooring: Laminate, Carpet, Tile
      • Basement: Unfinished
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,851
      • Total interior livable area: 2,851 sqft

      Property

      Parking
      • Parking features: Basement
      Features
      • Has view: Yes
      • View description: Country Setting
      • Waterfront features: Pond
      Lot
      • Size: 71.14 Acres
      Details
      • Additional structures: Storage, Stable(s), Barn(s), Workshop
      • Parcel number: 124 00901 000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      Condition
      • Year built: 1936

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Location
      • Region: Philadelphia

      Financial & listing details

      • Price per square foot: $421/sqft
      • Tax assessed value: $790,600
      • Annual tax amount: $1,821
      • Date on market: 5/11/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

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        Price history

        DateEventPrice
        5/11/2026Listed for sale$1,200,000+1664.7%$421/sqft
        Source: RCAR #20262452 Report a problem
        7/14/1997Sold$68,000-63.5%$24/sqft
        Source: Public Record Report a problem
        8/3/1995Sold$186,100$65/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,821 +5.7%$121,525 +69.3%
        2024$1,723 $71,800
        2023$1,723 -0.9%$71,800 -0.9%
        2022$1,739 -2.8%$72,475
        2021$1,790 +2.1%$72,475 +2.1%
        2020$1,754 +1.7%$70,975 +10.5%
        2019$1,724 +4.3%$64,225
        2018$1,654 0%$64,225
        2017$1,654 -15.4%$64,225 -15.4%
        2016$1,956 +12%$75,950
        2015$1,746 $75,950 +4.5%
        2013$1,746 $72,650
        2011-- $72,650
        2010$1,591 $72,650
        2009-- $72,650 +24.4%
        2008$1,536 $58,400
        2007$1,536 +10.5%$58,400
        2006$1,390 +11.8%$58,400 +11.8%
        2005$1,243 -18.1%$52,225
        2004$1,517 +16.2%$52,225 +16.2%
        2003$1,306 $44,950 -0.7%
        2001-- $45,288 -81.4%
        2000-- $242,835

        Find assessor info on the county website

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 37846

          Getting around

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          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Midway
          • Middle: Midway
          • High: Midway

          Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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