$5,641 Closing Credit¹
#1279412, Listing Office: Wallace
$749,000 List price
511 Laurel Lake Cir Madisonville, TN 37354
$8,894
Closing credit¹
3 beds
2 full
2,462 sqft
0.7 acres
$304 / sqft
House
Property details
About 511 Laurel Lake Cir
**Lakefront Retreat in Gated Mountain Community - Laurel Mountain Lakes** Discover serenity at this **3-bedroom, 2-bath** home nestled on a **private mountain lake** in the sought-after **Laurel Mountain Lakes** community. This hidden gem offers a unique blend of tranquility and convenience, located between **Madisonville** and **Tellico Plains**. This unique split level home has shared living room and kitchen with upstairs primary bedroom and bath with laundry. Downstairs will find 2 bedrooms and 1 bath. Wake up to breathtaking lake views from your back deck, perfect for morning or evening relaxation. This well-maintained home boasts an **extra-large primary bedroom**, a spacious living area ideal for entertaining, and even a **hot tub** for ultimate relaxation. With **two detached garages**, there's ample space for vehicles, storage, or hobbies. The 24 x 30 garage is plumbed for a bathroom and has electric, Second garage is 20 x 23. The **gated community** features a variety of distinctive homes, adding charm and character to the area. Whether you're looking for a **full-time residence** or a **private getaway**, this property offers the perfect blend of natural beauty and modern comfort. Enjoy peace, privacy, and stunning lake views every day in this **rare lakefront opportunity**. Don't miss your chance to own a piece of paradise! Buyer to verify all information.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,462 sqft
BasementYes
Lot size0.7 Acres
Year built1972
ParkingGarage Door Opener, Detached
MLS #1277736
Garage4 spaces
WaterfrontWater Access, Lake Front
FireplaceStone, Wood Burning
ViewLake
Summary
- MLS Number: 1277736
- MLS Name: East Tennessee REALTORS® MLS
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,000
511 Laurel Lake Cir
$8,894
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 26, 2020 | Home Sold | $355,000 |
| Nov 21, 2001 | Home Sold | $125,000 |
| Nov 28, 1990 | Home Sold | $66,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $130,850 | $1,322 |
| 2022 | $59,025 | $1,322 |
| 2021 | $58,500 | $1,322 |
| 2020 | $58,500 | $1,310 |
| 2019 | $58,500 | $1,158 |
| 2018 | $58,500 | $1,158 |
| 2017 | $50,425 | $976 |
History based on county public records data.
Nearby schools
3
Tellico Plains Elementary School
Public District PK-4
3.5 mi
•121 Old High School Rd
5
Madisonville Intermediate School
Public District 3-5
7.6 mi
•1000 Green Rd
4
Vonore Elementary School
Public District PK-4
12.1 mi
•1135 Highway 411
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,853. The majority of Madisonville, TN residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
51%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
10%
Single, with Kids
35%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Monster Trucks
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Chevrolet
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 511 Laurel Lake Cir
This home is located at 511 Laurel Lake Cir in Madisonville, TN and zip code 37354 in the Laurel Mountain Lakes neighborhood. This 2,462 square foot home, which was built in 1972, sits on a 0.70 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $749,000.
Over 2 listings were sold over their listed price in March 2025 in Madisonville, TN. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. Between February and March 2025, Madisonville, TN real estate market has seen increase in the number of listings by 4.8%. Listings spent 42 days on the market in March 2025, and had a median list price of $291,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.