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124 Peninsula Rd
Madisonville TN 37354 US

$499,900

Active Listing ID 1332665
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.52 Acres
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Single Family Residence

$499,900

Active Listing ID 1332665
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124 Peninsula Rd 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!

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Property Features

  • Facts
  • Lot Size: 0.52 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Prof Landscaped, Balcony, Dock
  • Floor Covering: Carpet
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Basement
  • Fireplace
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 499900
  • unparsedaddress: 124 Peninsula Rd
  • postalcity: Madisonville
  • stateorprovince: TN
  • country: US
  • postalcode: 37354
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.52
  • lotsizeunits: Acres
  • lotsizearea: 0.52
  • livingarea: 1896
  • livingareaunits: Square Feet
  • latitude: 35.429819
  • longitude: -84.32924
  • listagentfullname: Barbara Ratledge
  • listagentemail: etp.barbara@gmail.com
  • listagentkey: 3yd-KAARMLSTN-368502
  • listagentmlsid: 368502
  • listagentpreferredphone: 4235196287
  • listagentofficephone: 4234535722
  • listofficekey: 3yd-KAARMLSTN-1975
  • listofficemlsid: 1975
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 1978
  • listingcontractdate: 2026-03-13
  • listagenturl: http://easttnlandhomes.com
  • countyorparish: Monroe County - 33
  • parcelnumber: 115G B 02100 000
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Vinyl Siding, Frame
  • flooring: Carpet
  • heating: Electric (Heating), Central
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: Lake
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Cathedral Ceiling(s), Kitchen Island
  • exteriorfeatures: Prof Landscaped, Balcony, Dock
  • architecturalstyle: Other
  • rooms: Bathroom 2, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
  • otherstructures: Storage
  • patioandporchfeatures: Porch, Deck
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -84.32924, 35.429817
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"East Tennessee Properties LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"etp.barbara@gmail.com", "ListBrokerageCity":"Athens", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ozzie.webb@hotmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"East Tennessee Properties LLC", "ListBrokeragePhone":"(423) 453-5722", "ListBrokeragePostalCode":"37303", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"500 S Congress Parkway", "ListBrokerageWebsiteUrl":"http://easttnlandhomes.com", "ListOfficeAddress1":"521 S Congress Parkway ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1975", "ListOfficeCity":"Athens", "ListOfficeCountry":"USA", "ListOfficeEmail":"wizoz80@hotmail.com", "ListOfficePostalCode":"37303", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Other - Madisonville, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-03-20 19:51:48", "Neighborhoods":[{"Description":null, "Name":"Laurel Lake"}], "PostalCode":null, "RoomCount":6, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1034, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/20/2026 7:53:36 PM GMT
Source Updated Date: 3/25/2026 7:00:23 PM GMT

Courtesy of: Barbara Ratledge, East Tennessee Properties, LLC, etp.barbara@gmail.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.