124 Peninsula Rd, Madisonville, TN 37354

New Listing
$499,900
Property Type: Single Family Bedrooms: 3 Square Footage: 1,896 Lot Size (sq. ft.): 22,651 Status: Coming Soon - No Showings
Current Price: $499,900 List Date: 3/13/2026 Last Modified: 3/13/2026

Description

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.

Supplements: Professional photos coming soon!

More Information MLS# 1332665

Contract Info

Auction Y/N: No Listing Price: 499900 Current Price: $499,900 Status: Coming Soon - No Showings Listing Date: 2026-03-13

Location, Tax & Legal Info

Area: Monroe County - 33 Property Sub-Type: Residential City/County Code: County Total Tax: 1033.98

General Property Description

Type: Basement Ranch # Bedrooms: 3 Acres: 0.52 Acre Source: Tax Records # of Rooms: 6 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 550 HOA Freq: Yearly HOA Contact: Laurel Lakes Association Property Status: N/A SqFt - Main Lvl: 1128 SqFt - Down Lvl: 768 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: Mandatory Basement: Yes Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 1896 Baths - Full: 2 Year Built: 1978

Remarks & Misc

Directions: 17 min (8.4 miles) via TN-68 S Fastest route now due to traffic conditions Hardee's 4750 New Hwy 68, Madisonville, TN 37354 Exit the parking lot toward TN-68 S 51 sec (463 ft) Turn right onto TN-68 S 6 min (5.1 mi) Continue on Bethlehem Rd. Take Bethlehem Church Rd, Laurel Branch Rd and Laurel Lake Cir to Peninsula Rd 9 min (3.2 mi) 124 Peninsula Rd Madisonville, TN 37354 Public Remarks: 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.

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1

Construction

Frame: 1

Siding

Vinyl: 1

Fireplace

Wood Burning: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Luxury Vinyl Plank: 1

Garage/Parking

Main Level: 1

Basement

Finished: 1

Lot Description

Irregular Lot: 1 Lake/Water Access: 1 Private: 1 Waterfront: 1

Fuel

Electric: 1

View

Lake View: 1 Lakefront: 1 Mountain View: 1 Wooded: 1

Heat

Central: 1

Community Amenities

Boat Ramp: 1 Dock: 1 Gated Community: 1 Lake/Water Access: 1 Picnic/Barbeque Area: 1

Dining Area

Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Other Rooms

Basement Rec Room: 1 Bedroom Main Level: 1 Extra Storage: 1 Great Room: 1 Laundry/Utility: 1 Sunroom: 1

Exterior Features

Balcony: 1 Deck: 1 Dock: 1 Porch - Covered: 1 Porch - Screened: 1 Prof Landscaped: 1

Misc Features

Cathedral Ceiling(s): 1 Kitchen Island: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1 Wired for Internet: 1

Sewer

Septic Tank: 1

Water

Public: 1 Other: 1

Outbuildings

Storage Shed: 1

Association Fee Incl

Other: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 USDA/Rural: 1 VA Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 124 Street Name: Peninsula St Suffix: Rd State/Province: TN Zip Code: 37354 PIN #: 115G B 02100 000 Subdivision: Laurel Lake Geo Lat: 35.429819 Geo Lon: -84.32924

Status Change Info

Status Change Date: 2026-03-13

Property Features

Style: Cabin Construction: Frame Siding: Vinyl Basement: Finished Lot Description: Irregular Lot; Lake/Water Access; Private; Waterfront View: Lake View; Lakefront; Mountain View; Wooded Fireplace: Wood Burning Floors: Carpet; Luxury Vinyl Plank Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Septic Tank Water: Public; Other Other Rooms: Basement Rec Room; Bedroom Main Level; Extra Storage; Great Room; Laundry/Utility; Sunroom Misc Features: Cathedral Ceiling(s); Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Balcony; Deck; Dock; Porch - Covered; Porch - Screened; Prof Landscaped Outbuildings: Storage Shed Dining Area: Living Rm/Dining Rm Community Amenities: Boat Ramp; Dock; Gated Community; Lake/Water Access; Picnic/Barbeque Area Association Fee Incl: Other Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; USDA/Rural; VA Loan
Listing Office: East Tennessee Properties, LLC
IDX
Office Phone: 423-453-5722
Last Updated: March - 13 - 2026
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