1114 W Laurel Way Lot 5, Monterey, TN, 38574
About This Home
Experience peace & tranquility on your private, covered front & back porches of this stunning, modern 3BR/2.5BA 2,071 sq ft farmhouse in the very early stages of new construction on 4 acres in established Cumberland Cove. The kitchen boasts an island inviting casual conversations & overflow seating in the dining area, lots of cabinet space, SS appliances, tile backsplash, walk-in pantry, & granite countertops. Cozy up under a blanket in the family rm w/fireplace & vaulted ceilings. Enjoy your own private oasis in the spacious primary BR w/walk-in closet & storage, custom tile shower, double vanities, & granite countertops. Spacious laundry rm w/ cabinetry & sink. Luxury feel w/vaulted ceilings in primary BR. Work from home or enjoy extra space with office/flex area off the formal living room. Let's not forget 9ft. ceilings throughout & 3 car garage! Installed gas line for generator (no generator installed) Enjoy all the amenities Cumberland Cove has to offer- 4 private parks, waterfalls, and hiking trails! **Buyer to verify all info. **Photos are AI generated from house plans and may differ from the actual home. **Home slated to be completed January 2027! **Custom finishes of your choice allowed depending on where the construction process is at time of agreed upon offer. **As of 7/7, driveway has been cut and property cleared for septic and footers.**
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2027
Materials
- Roof: Shingle
- Construction materials: Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Dishwasher,Microwave,Refrigerator,Stainless Steel Appliance(s)
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Features
- Flooring: Luxury Vinyl
- Fireplace features: Family Room,Gas
- Finished area above ground: 2,071
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Ceiling Fan(s),Central Air,Electric
Interior Area
- Total structure area: 2,071
- Total interior livable area: 2,071 sqft
Master Bathroom
- Features: Primary Bedroom
- Level: Primary Bedroom
Property
Details
- Parcel number: 104 36900 000
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch,Covered
- Topography of land: Cleared,Wooded
Lot
- Lot size: 4 Acres
- Features: Cleared,Wooded
Parking
- Total spaces: 3
- Parking features: Garage Door Opener,Garage Faces Side
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
- 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 | $2,958 | $35,496 |
| Home Insurance | $221 | $2,652 |
| Property Taxes | $233 | $2,796 |
| Electricity | $175 | $2,103 |
| Total | $3,587 | $43,044 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Contingent | $585,000 |
| 2026-07-07 | Listed for sale | $585,000 |
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