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About This Home
This 3-bedroom, 2-bathroom single family at 124 Peninsula Rd in Madisonville, TN is listed for $449,000 ($237 per sqft). Built in 1978, the home offers 1,896 sqft of living space on a 0.52 acres lot.
**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. Professional photos coming soon!
Key Features
- Built in 1978
- 0.52 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$2,951/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
124 Peninsula Rd
Madisonville, TN 37354
Laurel Lake
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 124 Peninsula Rd is listed at $449,000 ($237/sqft). The estimated monthly payment is $2,496 based on 20% down at 6.5% interest.
HOA fees are $550/month.
Key features include: Built in 1978, 0.52 acre lot, Fireplace. Interior Features: Cathedral Ceiling(s), Kitchen Island. Exterior Features: Prof Landscaped, Balcony, Dock.
This property is listed by Barbara Ratledge and can be reached at 4235196287 or etp.barbara@gmail.com.
