See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4140 Phifer Mountain Rd, Cookeville, TN, 38506

2beds
2baths
2,400sqft
$775,000
$323price/sqft
$4,801/moest. monthly cost
$192,040/yrincome needed

About This Home

Experience the perfect blend of modern comfort and country living in this newly constructed barndominium, situated on a beautiful 3.5 acres in the desirable Cherry Creek community, with additional acreage available. Designed for convenient one-level living, this home features approximately 2,400 square feet with 2 bedrooms, 2 full baths, and an additional 2,400 square feet upstairs ready to be finished for future expansion, creating endless possibilities for additional bedrooms, living space, or a recreation area. The spacious primary suite offers a walk-in closet with en-suite bath, while the guest bedroom and full bath also provide comfortable accommodations. The open-concept kitchen, dining, and living area is ideal for entertaining and includes a generous walk-in pantry. A dedicated laundry room adds everyday convenience and for safer construction, the interior Rockboard walls are fire resistant. The impressive 40' x 60' insulated garage features 14-foot overhead doors, providing exceptional space for vehicles, boats, RVs, equipment, or a workshop. Relax on the covered front porch and enjoy the peaceful surroundings. A 220-volt outlet is already installed for a future hot tub, making it easy to create your own outdoor retreat. Conveniently located only minutes outside of Cookeville and near I-40, this property offers the tranquility of rural living without sacrificing accessibility. The acreage provides plenty of room to expand or simply enjoy wide-open spaces. For those seeking even more land, the adjoining 3.34 acres is also available for purchase and is listed separately for $225,000, as well as an adjoining 5.71 acres, listed for $325,000.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

7/10
8/10
Cookeville High SchoolGrades PK,9-126.9 mi

Construction

Condition

  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Refrigerator,Electric Range,Microwave,Electric Water Heater
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • New Floor Covering,New Paint,Ceiling Fan(s),Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric,Central,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Property

Details

  • Parcel number: 032.07

Features

  • Patio & porch: Porch,Covered

Lot

  • Lot size: 3.50 Acres
  • Lot size dimensions: 3.5 ac

Parking

  • Total spaces: 6
  • Parking features: Garage Door Opener,Attached,Garage
  • Has garage: Yes
  • Covered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Winter Weather
Hail
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,918$47,016
Home Insurance $379$4,548
Property Taxes $309$3,708
Electricity $195$2,340
Total$4,801$57,612

Income You'd Need if You Spent...

35% on housing$164,605/yr
40% on housing$144,030/yr
45% on housing$128,026/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$323This listing

vs Other Active Listings

Avg $/sqft

ZIP 38506$181
Putnam County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 38506$196
Putnam County$193

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$775,000
2026-08-03Listed for sale$775,000

For Sale by Agent

AgentKelly Latham
BrokerageRE/MAX COUNTRY LIVING, LLC

Similar Homes