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Dave Corum
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124 Peninsula Rd, Madisonville, TN 37354

$449,000
  • 124 Peninsula Rd, Madisonville, TN 37354 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,896 MLS#1332665
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLaurel Lake

Property Description

**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. Professional photos coming soon!

124 Peninsula Rd | MLS# 1332665

This single family home located at 124 Peninsula Rd, Madisonville, TN 37354 is currently listed for sale with an asking price of $449,000. This property was built in 1978 and has 3 bedrooms and 2 full baths with 1896 sq. ft. Peninsula Rd is located in the Laurel Lake subdivision. Search Laurel Lake real estate on davecorum.fergusonrealtors.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Cooling
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Cabin
Lot Size: 0.52 Acres
Year Built: 1978

Amenities

Cathedral Ceiling(s)
Kitchen Island
Prof Landscaped
Balcony
Dock

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Association/Condo Fee: 550/Yearly
Days on Site: 26
Exterior: Vinyl Siding, Frame
Fireplace: Wood Burning
Flooring: Carpet
HOA Y/N: Yes
Lot: Lake/Water Access, Private, Waterfront, Irregular Lot
Parcel #: 115G B 02100 000
Parking: Main Level
Security Features: Gated Community
Sewer: Septic Tank
Special View Info: Mountain View, Wooded
SQFT Total: 1896
View: Mountain View, Wooded, Lake
Water: Public, Other
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: East Tennessee Properties, LLC

Shown By

Agent Name: Dave Corum
Agent Phone: (865) 250-6063
Agency Title: Ferguson Realtors

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Estimated Payment

$ 2,401.35 per month $2,270.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $130.96 Homeowner's Insurance

Change Payment Information

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TREC # 15429 Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 4:39:12 AM EST) or East Tennessee REALTORS (last updated Thu 04/09/2026 12:24:42 AM EST). Real estate listings held by brokerage firms other than Ferguson Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agency License Information: TREC # 15429


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