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124 Peninsula Rd, Madisonville, TN 37354
124 Peninsula Rd, Madisonville, TN 37354
Sold for $430,500
124 Peninsula Rd, Madisonville, TN 37354
Sold for $430,500
124 Peninsula Rd, Madisonville, TN 37354
124 Peninsula Rd, Madisonville, TN 37354
124 Peninsula Rd, Madisonville, TN 37354
124 Peninsula Rd, Madisonville, TN 37354

124 Peninsula Rd Madisonville, TN 37354

$430,500

CLOSED
Beds
3
Baths
2
Sqft
1,896
Acres
0.52
Year
1978
Close Date
Jul 2, 2026
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$227
Date Listed
Mar 13, 2026

Description of 124 Peninsula Rd, Madisonville, TN 37354

Listing details for 124 Peninsula Rd, Madisonville, TN 37354 : **Motivated seller! Sellers have a new home under contract and ready to sell!** 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.
Listing Updated : 10-01-2026 at 9:26 AM CDT
Listing Provided By

Barbara Ratledge, East Tennessee Properties, LLC

Properties displayed may be listed or sold by various participants in the MLS

Source

East Tennessee Realtors, MLS#: 1332665

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$305K – $508K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$305K – $508K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
7/2/2026
Sold
$430,500 0%
$227/sqft
Source:Realtracs MLS #RTC3215142
7/2/2026
Sold
$430,500 -4.1%
$227/sqft
Source:East Tennessee Realtors #1332665
5/11/2026
Pending sale
$449,000 -10.2%
$237/sqft
Source:Realtracs MLS #RTC3215142
3/13/2026
Listed for sale
$499,900
$264/sqft
Source:Realtracs MLS #RTC3215142
3/13/2026
Listed for sale
—
Source:East Tennessee Realtors #1332665
1/21/2020
Sold
$221,000
$117/sqft
Source:East Tennessee Realtors #1052961
8/14/2018
Listed for sale
—
Source:East Tennessee Realtors #1052961

Location of 124 Peninsula Rd, Madisonville, TN 37354

Streetview of 124 Peninsula Rd, Madisonville, TN 37354

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Schools Near 124 Peninsula Rd, Madisonville, TN 37354

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$305K – $508K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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