700 Falls Rd, Monterey, TN, 38574
About This Home
Custom-built home on 8.8 wooded acres in Cumberland Cove offering privacy, space, and versatility. This 5-bedroom, 4.5-bath home features 4,396 sq ft with hardwood floors, solid wood doors, granite countertops, stainless appliances, and a floor-to-ceiling gas fireplace. Two main-level primary suites plus a formal dining room and dedicated home office provide flexible living options. The finished walk-out basement includes its own driveway, entrance, kitchen, bedroom, full bath, and bonus space—ideal for guests, multigenerational living, or potential rental use. Enjoy a peaceful spring-fed pond, about 3 cleared acres suitable for animals, a wired and insulated 12x16 shed, central vacuum, security system, generator, and newer HVAC. A rare blend of acreage, upgrades, and functionality in a scenic Tennessee setting.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Roof: Composition
- Construction materials: Brick,Vinyl Siding,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Oven,Disposal,Refrigerator,Gas Range,Microwave,Range Hood,Washer,Dryer,Electric Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
Features
- Central Vacuum
- Window features: Storm Window(s)
- Number of fireplaces: 1
- Fireplace features: One,Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 4,396
- Total interior livable area: 4,396 sqft
Property
Details
- Parcel number: 046 001.19
Lot
- Lot size: 8.80 Acres
- Features: Corner Lot,Wooded,Trees
- Lot size dimensions: 8.8 ac
Parking
- Total spaces: 2
- Covered spaces: 2
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
- Lightning
- Tornado
- Cold Wave
- Strong Wind
- Winter Weather
- Drought
- Hail
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,787 | $45,444 |
| Home Insurance | $283 | $3,396 |
| Property Taxes | $701 | $8,412 |
| Electricity | $357 | $4,286 |
| Total | $5,128 | $61,536 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-17 | Price change | $799,000 |
| 2026-01-02 | Listed for sale | $849,000 |
| 2025-12-01 | Listing removed | $849,000 |
| 2025-08-19 | Price change | $849,000 |
| 2025-05-19 | Price change | $869,000 |
| 2025-04-07 | Listed for sale | $889,000 |
| 2024-06-07 | Sold | $863,000 |
| 2024-04-12 | Pending sale | $879,900 |
| 2024-04-04 | Listed for sale | $879,900 |
| 2016-01-25 | Listing removed | $475,000 |
| 2015-10-27 | Listed for sale | $475,000 |
| 2013-12-02 | Listing removed | $455,000 |
| 2013-06-01 | Listed for sale | $455,000 |
| 2012-12-14 | Listing removed | $455,000 |
| 2012-06-14 | Listed for sale | $455,000 |
| 2011-12-29 | Listing removed | $455,000 |
| 2011-06-12 | Price change | $455,000 |
| 2010-09-11 | Price change | $475,000 |
| 2010-06-04 | Price change | $499,900 |
| 2010-06-01 | Price change | $499,000 |
| 2010-02-06 | Listed for sale | $535,000 |
| 2006-02-13 | Sold | $55,000 |
| 1997-11-12 | Sold | $35,495 |
For Sale by Agent
View on Zillow