124 Peninsula Rd, Madisonville, TN 37354
- $430,500
- 3
- BD
- 2
- BA
- 1,896
- SqFt
- Sold Price
- $430,500
- List Price
- $449,000
- Closing Date
- Jul 02, 2026
- MLS#
- 1332665
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Madisonville
- County
- Monroe
- Bedrooms
- 3
- Bathrooms
- 2
- Baths Full
- 2
- Living Area
- 1,896
- Year Built
- 1978
- DOM
- 111
Property Description
**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 spacious bedrooms, a full bath, laundry area, and an open floor plan designed for everyday living and entertaining. The kitchen includes tall solid wood cabinetry that extends toward the vaulted ceilings, creating a warm focal point that opens to the living area. The living room features a unique 360-degree wood-burning fireplace, adding character and cozy ambiance. Step outside onto the sun deck and enjoy peaceful views of Laurel Mountain Lakes, an ideal spot for morning coffee or relaxing at the end of the day. The lower level offers additional flexibility with a kitchenette, bonus area, and a private primary suite with a full bath, making it suitable for guests, extended family, or a private retreat. Just outside the lower level is a screened porch with porch curtains, providing a comfortable outdoor space to enjoy the evening air. This lakefront property includes a private dock with direct access to the 60-acre lake where residents enjoy kayaking, swimming, fishing, and other water activities. Located at the end of a peninsula, the property offers deeper water and added privacy. The home is surrounded by attractive landscaping and features a well-designed outdoor entertaining area with a grilling space and a stone and wood outdoor fireplace, creating a great setting for gatherings. The outdoor area also includes a dining space with a large rustic table positioned to take in sunset views over the water. A front deck facing the lake provides an additional outdoor space to enjoy sunrise views. Additional features include a whole-house water filtration system with reverse osmosis and an active yearly maintenance program. The HVAC system is serviced every six months, and the home is currently under a termite protection plan. This well-maintained lakefront property offers a unique opportunity to enjoy waterfront living in the Laurel Mountain Lakes community.
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Additional Information
- Acres
- 0.52
- Community Amenities
- Boat Ramp, Lake/Water Access
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
- Basement
- Yes
- Construction
- Frame, Vinyl Siding
- Cooling
- Central Air
- Exterior Features
- Dock, Prof Landscaped, Balcony
- Fireplace
- Yes
- Floors
- Carpet, Luxury Vinyl Plank
- Garage
- Main Level
- Living Area
- 1,896
- Lot Description
- Waterfront, Irregular Lot, Private, Lake/Water Access
- Style
- Cabin
- Subdivision
- Laurel Lake
- View
- Lake, Mountain View, Wooded
- Year Built
- 1978
- Subdivision
- Laurel Lake
- Heating
- Central, Electric
- Num Of Rooms
- 6
- Restrictions
- Yes
- Fireplaces
- 1
- Hoa
- Mandatory
- Hoa Fees
- $550
- Hoa Freq
- Yearly
- Bonus Room
- Yes
- Association Fee Incl
- Other
- Water
- Public, Other
- Sewer
- Septic Tank
Mortgage Calculator
Agent: Barbara Ratledge |
Office: East Tennessee Properties, LLC |
Selling Office: .