124 Peninsula Road Madisonville, TN 37354 Active Under Contract
UPDATED: 05/18/2026 02:05 PM ON MARKET: 52 days on market
$449,000
3 Beds2 Baths1,896 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,896 sqft
Price per Sqft $236
Subdivision Laurel Lake
MLS Listing ID 3215142
Bedrooms 3
Full Baths 2
HOA Fees $550/ann
HOA Y/N Yes
Year Built 1978
Annual Tax Amount $1,034
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 214.8 X 147 IRR
Property Sub-Type Single Family Residence
Property Description
: **Motivated seller! Sellers have a new home under contract and ready to sell!**
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.

Based on information submitted to the MLS GRID as of 05/28/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Digital Millennium Copyright Act – DMCA Notice
IDX information is provided exclusively for consumers’ personal non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, the data is deemed reliable but is not guaranteed by MLS GRID, the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Data last updated: 05/28/2026 16:08.
Social Cookies
Social Cookies are used to enable you to share pages and content you find interesting throughout the website through third-party social networking or other websites (including, potentially for advertising purposes related to social networking).