Pat McCollum Can Help You Purchase This Home

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Pat McCollum is here to help!

500 B Armstrong Lane, Monterey, 38574

Priced At: $1,920,000

Property Details for ID: 1317767

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SqFt: 1,500
Price SqFt: $1,280
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-10-07T01:40:13Z

Public Remarks: This picturesque farm is surrounded by natural beauty. This home offers everything including privacy, stunning bluff views and almost one mile of water frontage on the East Fork of the Obey River. The farm currently has approximately 60 acres of pasture and could easily be expanded to more, with two ponds for cattle and wildlife. This is an excellent hunting property and a great investment opportunity with multiple building sites. There are two homes on the property. One is a small 1 bedroom, 1 bath, 16 x 30 cabin perfect for hunting, guests, or a weekend getaway. The larger home is a beautiful, rustic barndominium style 1500 square foot home. It has an attached carport and multiple storage areas with a nearby barn and corral for livestock. There is also plenty of space to build another home. This incredible farm also boasts wooded river areas with giant hemlocks and mountain laurel leading you down to the beautiful East Fork of the Obey River, which eventually empties into and starts at the head of Dale Hollow Lake. The local Muddy Pond Mennonite community is a unique area as well with its sorghum mill, general store, greenhouse, and much more. Monterey is a short drive for daily needs, and Cookeville is about 30 minutes with a regional hospital, Tennessee Tech University, and much more shopping. Nashville (to the West) and Knoxville (to the East) are approximately an hour and a half away.

Schools Information

Elementary School: Wilson
Middle / Junior School: Livingston
High School: Livingston Academy

Building Description

Building Style: Cabin, Other
Type: Other
Site Built: Yes
Year Built: 2014
Total Rooms: 12
SqFt (Total): 1,500
SqFt (Main Lvl): 960
SqFt (2nd Flr Lvl): 900
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Basement: No
Basement Type: None

  Exterior Features

Features: Porch - Covered
Construction: Frame
Siding: Wood

  Appliances

Dishwasher, Dryer, Range, Refrigerator, Washer

  Room Dimensions

  Interior Features

Dining Area: KitchenDining Rm Co
Floors: Hardwood, Tile
Other Rooms: Bedroom Main Level, LaundryUtility, Mstr Bdrm Main Level, Workshop
Misc Features: Internet Available, WasherDryer Connect, Whirlpool Tub

  Property Details

Acreages: 392.16
Lot Description: Level, Pond, Private, River, Rolling Slope, Wooded
View: Country Setting, Mountain View, Seasonal Mountain, Wooded

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, Other

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Carport

  Community Features

Outbuildings

Barn, Guest House

Presented By: / Triple C Realty & Auction, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Cookeville, take I-40 to exit 300, turn left go to the second red light, turn right onto Commercial Avenue, turn left at the next red light by Family Dollar onto Hwy 164, drive approximately 7 miles, turn right onto Union B Road, at the 4-way stop, turn left onto Muddy Pond Road, go about 3 miles, turn left onto Armstrong Lane.



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