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    Lk Shr Dr Monterey, TN 38574

    Pending
    For Sale
    Contact for pricing

    LAND - Monterey, TN

    Lot size:
    1.10 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for Lk Shr Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    008O A 005.00
    Lot size
    1.10 Acres

    1 Source Realty Pros LLC (931) 261-9752 [email protected]

    Listing agent Jon-Luke Wilson (931) 710-6070

    Listing date Nov 13, 2025

    MLS# 1314755 Listing URL

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Lot in Cumberland Lakes

    This 1.1-acre wooded lot features 216 feet of road frontage and, according to the owner, a seasonal lake view across the road. The property borders a neighboring 1,000+ acre parcel on the left property line, potentially offering increased privacy. Located in the Cumberland Lakes community, the lot is subject to light restrictions, including a minimum living area of 1,600 square feet, designed to protect property values. Fiberoptic internet is available. A well will be needed for water and a septic system for sewage. The property is located approximately 12 minutes from Monterey, 32 minutes from Cookeville, and within an hour and 35 minutes of both Knoxville and Nashville. Ownership in this community provides access to two boat ramps, the community clubhouse, three parks, picnic areas, and four lakes.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Monterey
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.130862
    Latitude
    36.128408

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    FAQs

    What type of property is this?
    Land - 1.1 acre wooded lot with lake view and road frontage.
    Where is this land located?
    The property is located at Lk Shr Dr Monterey, TN.
    What is the asking price?
    The asking price for this property is $25,900.
    What are key features of this property?
    This property features: - 1.1 acre wooded lot with 216ft of road frontage.; - Access to 4 community lakes, 2 boat ramps, clubhouse, and 3 parks.; - Borders a large (1,000+ acre) parcel for increased privacy.
    (931) 710-6070
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lk Shr Dr Monterey, TN 38574
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