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598 Griffith Branch Rd, Madisonville, TN, 37354

5beds
3baths
2,560sqft
$730,000
$285price/sqft
$5,191/moest. monthly cost
$207,640/yrincome needed

About This Home

Welcome to your dream 22.8-acre farm! Incredible income producing opportunity with an equine Airbnb or individual stall rental. The second home can be in-law quarters or rental income as well! The stunning main home is a ranch that offers 3 spacious bedrooms and 2 bathrooms across 1,920 square feet of beautifully designed living space. Enjoy the charm of whitewashed pine walls, a luxurious master suite with a trey ceiling, double walk-in closets, and a walk-in shower in the master bath. With 9.5-foot ceilings, new appliances, a durable metal roof, and a new HVAC and water heater, this home is move-in ready. Relax on the expansive 10x40-foot covered front porch overlooking a year round view of the Smoky Mountains. Equestrian enthusiasts will love the 38x40-foot barn, which includes 7 stalls (expandable to 10), hot and cold water, electricity with individual outlets for each stall, and all stall mats will remain with the home. Attached to the barn is a cozy 2-bedroom, 1-bath home with 640 square feet and its own 40-foot covered porch. The property also features a large riding arena (280x120 feet) multiple paddocks, a wash station, and plenty of covered storage attached to the barn. Additional amenities include a 24x8-foot new storage shed, another large outbuilding, a creek, and a fully fenced lot. Don't miss this rare opportunity to own a versatile and beautiful property! Sellers are highly motivated and ready to entertain all reasonable offers!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

5/10
5/10
Sequoyah High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 2005

Materials

  • Construction materials: Fiber Cement,Metal Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Self Cleaning Oven

Basement

  • Has basement: Yes
  • Basement: Slab

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-In Closet(s),Pantry,Eat-in Kitchen
  • Window features: Windows - Vinyl,Insulated Windows
  • Flooring: Hardwood,Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,560
  • Total interior livable area: 2,560 sqft

Property

Details

  • Parcel number: 081 035.05

Features

  • Has view: Yes
  • View description: Mountain(s),Country Setting,Trees/Woods
  • Waterfront features: Creek

Lot

  • Lot size: 22.82 Acres
  • Features: Private,Wooded,Irregular Lot,Rolling Slope

Parking

  • Parking features: Off Street

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Landslide
Lightning
Strong Wind
Cold Wave
Earthquake
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
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 $3,691$44,292
Home Insurance $371$4,452
Property Taxes $921$11,052
Electricity $208$2,496
Total$5,191$62,292

Income You'd Need if You Spent...

35% on housing$177,977/yr
40% on housing$155,730/yr
45% on housing$138,426/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: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$285This listing

vs Other Active Listings

Avg $/sqft

ZIP 37354$219
Monroe County$206

vs Homes Sold Last Month

Median $/sqft

ZIP 37354
Monroe County$215

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

DateEventPrice
2026-03-11Price change$750,000
2025-12-12Price change$785,000
2025-10-10Price change$796,000
2025-10-04Price change$797,500
2025-09-20Price change$799,000
2025-09-12Price change$825,000
2025-08-16Listed for sale$850,000
2021-11-05Sold$535,000
2021-09-14Pending sale$550,000
2021-05-19Listed for sale$550,000

For Sale by Agent

AgentCorien Schutte
BrokerageUnited Real Estate Solutions

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