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$4,999,000
12 Days On Site

632 Hiwassee Rd
Madisonville, TN 37354

For Sale|Land|Active
County:
Monroe County - 33

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632 Hiwassee Rd
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Prime Development Opportunity in the Heart of Madisonville Offered at $4,999,900, this exceptional 16.06± acre tract presents a rare opportunity to acquire a sizable parcel with significant development potential in a highly desirable and growing Madisonville location. Positioned along Hiwassee Road with approximately 100± feet of road frontage, this property is ideally situated for future residential, mixed-use, or other development possibilities (buyer to verify zoning and intended use). Surrounded by largely unimproved land, the tract offers flexibility, scale, and long-term upside in an area experiencing continued growth and demand. The value of this offering lies predominantly in the land itself, with its strategic location just minutes from Downtown Madisonville, shopping, schools, and essential amenities. The property also includes any potential mineral rights, further enhancing its investment appeal. An existing dwelling is included with the sale but is conveyed AS-IS, with no warranties or guarantees, and will not be shown or inspected. The seller believes the highest and best use of the property is redevelopment. This is a rare opportunity to secure a substantial land holding with strong future potential in a prime Monroe County location.

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Listing Snapshot
Price 
$4,999,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
16.06 Acres
Year Built 
N/A
MLS® Number 
1324917
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
16.06
Parking 
Driveway
Zoning 
Zoned Residential
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Exterior Features
Lot Features 
Rolling SlopeIrregular Lot
Road Frontage 
County Road
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Monroe County - 33
Listing courtesy of Luke Thompson of ReMax First

Copyright © 2026 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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