Oak Place Circle, Madisonville, TN 37354 (MLS# 1257203)

Oak Place Circle, Madisonville, TN 37354

$215,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 68,389 Status: Active
Current Price: $215,000 List Date: 1/28/2025 Last Modified: 12/30/2025

Overview

Description

This sought after established subdivision now has 16 platted lots available for purchase in Phase II of Oak Place Villas. Set up for condominiums, there is limitless potential for rental properties or building to sale. Located minutes away from Downtown Madisonville, this development is the epitome of convenient. The serene surrounding provides a country feel in a convenient location with lots to offer a potential renter or homeowner! Seller has already reserved and paid for 16 sewer taps that are on hold at the utility company awaiting development AND cleared all underbrush from the lots! This property will be sold as a whole and will not be subdivided. Lots will not be sold separately. Buyer to verify all acreage, restrictions, utilities, HOA bylaws, etc.

Listing Details MLS# 1257203

Location Tax Legal Info

Street Name
Oak Place
St Suffix
Circle
State/Province
TN
Zip Code
37354
PIN #
056M C 015.07
Subdivision
Oak Place Villas

Contract Info

Auction Y/N
No
Listing Price
215000

General Property Description

Lot Dimensions
99 X 293 X 202 X 142 X 311
Acres
1.57
Acre Source
Owner
Restrictions
Yes
HOA Freq
Yearly
HOA Contact
Oak Villas HOA
Property Status
N/A

Status Change Info

Status Change Date
2024-03-27

Location, Tax & Legal Info

Area
Monroe County - 33
City/County Code
City Limits
Total Tax
159.17

Remarks & Misc

Directions
Coming from Downtown Madisonville, Take Tellico St, turn right into Oak Place Villa.
Public Remarks
This sought after established subdivision now has 16 platted lots available for purchase in Phase II of Oak Place Villas. Set up for condominiums, there is limitless potential for rental properties or building to sale. Located minutes away from Downtown Madisonville, this development is the epitome of convenient. The serene surrounding provides a country feel in a convenient location with lots to offer a potential renter or homeowner! Seller has already reserved and paid for 16 sewer taps that are on hold at the utility company awaiting development AND cleared all underbrush from the lots! This property will be sold as a whole and will not be subdivided. Lots will not be sold separately. Buyer to verify all acreage, restrictions, utilities, HOA bylaws, etc.

More Information

Property Sub-Type

Single Family
Yes

Topography

Level
Yes
Partially Cleared
Yes

Road Access

Private Road
Yes

Road Frontage

City
Yes

Sale Options

Will Not Divide
Yes

Improvements

Utilities on Site
Yes

Lot Description

Level
Yes
Wooded
Yes

Easements

None
Yes

View

Country Setting
Yes
Wooded
Yes

Documents on File

Restrictions
Yes
Survey
Yes

Developmnt Potential

Single Family
Yes
Subdivision
Yes

Utilities Available

Electricity
Yes
Sewer
Yes
Water
Yes

Zoning

Zoned Residential
Yes

Present Structures

None
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing Instructions

See Agent Instructns
Yes

Property Features

Property Sub-Type: Single Family Topography: Level; Partially Cleared Road Access: Private Road Sale Options: Will Not Divide Improvements: Utilities on Site Easements: None Lot Description: Level; Wooded View: Country Setting; Wooded Documents on File: Restrictions; Survey Developmnt Potential: Single Family; Subdivision Utilities Available: Electricity; Sewer; Water Zoning: Zoned Residential Present Structures: None New Financing: Cash; Conventional Showing Instructions: See Agent Instructns
IDX
Listing Office: Keller Williams Realty
Last Updated: December - 30 - 2025
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