Residential Land in Established
For Sale
$215,000
Oak Place Circle, Madisonville, TN 37354
LAND - Madisonville, TN
Property SizeContact for details
Lot Size1.57 Acres
Days on Market876
Property Features for Oak Place Circle
General Information
Property type
Land
Property subtype
Other
Zoning description
Zoned Residential
Subdivision
Oak Place Villas
Lot features
Wooded
Directions
Coming from Downtown Madisonville, Take Tellico St, turn right into Oak Place Villa.
Standard status
Active
APN
056M C 015.07
Lot size
1.57 Acres
Taxes and HOA fees
Tax Annual Amount
159
Listing Agency:
Keller Williams Realty
(865) 862-8318
Listed By:
Nikki Heightchew
(865) 742-2962
Added: Mar 21, 2024
Changed: Apr 15
Last Checked: Aug 13 at 5:06AM
MLS# 1257203
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located in the established Oak Place Villas subdivision, these 16 platted lots are available for purchase in Phase II. The lots are set up for condominiums, presenting potential for rental properties or building to sell. Situated minutes from Downtown Madisonville, the development offers a convenient location with a country feel. The seller has reserved and paid for 16 sewer taps, currently on hold at the utility company pending development, and has cleared all underbrush from the lots. The property, totaling 1.57 acres, will be sold as a whole and will not be subdivided; lots will not be sold separately. Potential renters or homeowners will find the serene surroundings appealing. Buyer is responsible for verifying all acreage, restrictions, utilities, and HOA bylaws.
Key Highlights
- 16 platted lots in established subdivision (Phase II of Oak Place Villas).
- Set up for condominiums: potential for rental properties or building to sell.
- Convenient location: minutes from downtown Madisonville.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 37354, TN
17,535
Population
7,370
Households
2.4
Avg Household Size
43
Median Age
13%
College-Educated
84%
High-School Grad
117.6 sq mi
ZIP Area
149
Density / Sq Mi
$53,547
Median Household Income
$35,667
Median Earnings
$796
Median Rent
$209,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 16 platted lots in Madisonville, TN, ready for development.
Where is this residential land & home lot located?
The property is located at Oak Place Circle Madisonville, TN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 16 platted lots in established subdivision (Phase II of Oak Place Villas).; Set up for condominiums: potential for rental properties or building to sell.; Convenient location: minutes from downtown Madisonville.
