Residential > House
Active
04/30/2025
List Price
$47,000
1126 Laurel Way
Monterey, TN 38574
- 3Beds
- 2Baths
- 1,945ft²Living Area
- 4acLot Size
- -Pool
- 2Car
- 2021Year Built
- 224DOM
- -Permit
1126 Laurel Way, Monterey, TN 38574 is a 3 bed, 2 bath, 1,945 ft² house built in 2021 on a 4.000 acre lot. This house is currently on the market for $47,000, and it was last sold in 2021 for $295,600. The latest TopHap estimate of the house's value is $620,636.
Property Valuations
Latest estimates for 1126 Laurel Way based on TopHap automated valuation model (AVM).
TopHap Estimate
$620,636
$319/ft²
+$574K above List Price
Updated 2 months ago
1126 Laurel Way is valued at $620,636 by TopHap AVM 2 months ago.
MLS Description
The listing agent's description. Original Listing
Nestled in the tranquil Cumberland Cove subdivision of Monterey, Putnam County, Tennessee, this 4 acre vacant lot offers an opportunity to build your dream home in a picturesque residential-zoned setting on the Cumberland Plateau. Surrounded by mature hardwoods, this gently rolling, wooded parcel provides privacy and natural beauty, with potential creek views and a level to slightly sloped terrain ideal for various home designs. Located just 15 minutes from Monterey, 20 minutes from Cookeville or Crossville, and approximately 90 miles from Knoxville and Nashville, the lot combines rural serenity with convenient access. Cumberland Cove, a deed-restricted community, boasts paved roads, private parks, hiking trails, caves, waterfalls, two man-made fishing lakes, and exclusive access to the 1,080-acre Icy Cove Zoological Preserve. With a low annual HOA fee of $150, residents enjoy a community clubhouse, picnic areas, and security patrols, ensuring a blend of modern amenities and natural charm. Public water, natural gas, and electricity are available at the road, though a septic system is required (buyer to verify soil testing and permitting). Homes must meet a minimum size of 1,200 sq. ft. for ranch-style or 1,500 sq. ft. for multi-story designs, maintaining the neighborhood's cohesive aesthetic (no mobile homes permitted). This property is perfect for those seeking a spacious retreat to craft a custom cabin or estate. Embrace the Cumberland Cove lifestyle and seize this chance to own a slice of Tennessee's scenic beauty. Visit for community details. Buyer to verify all measurements, restrictions, and utility information. Cumberland Cove is a Deed Restricted Community of approximately 500 homes spread over 8,000 acres located near Monterey, Tennessee on the Cumberland Plateau. Located about 90 miles west of Knoxville and 90 miles east of Nashville, Tennessee, this community offers pleasant and relaxed country living in a beautiful natural setting, with large wooded lots, attractive common park areas, and the perfect mix of neighborliness and peace and quiet.
Listing Agents
The listing agent for 1126 Laurel Way is Hector I Lagares.
HI
Hector I Lagares
Nest Realty
License: 310515
Phone: (731) 265-6800
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$2,191.00From latest Total Assessed Value2.66%Total Assessed Value$82,350=Land+
Assessed Value$7,500Additions
Assessed Value$74,850
In 2024, taxes billed for 1126 Laurel Way were $2,191, which is 2.66% from latest Total Assessed Value of $82,350.
Property History
1126 Laurel Way has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1126 Laurel Way
Hazard Risks
Wind264Hail163Tornado125Lead116Carb Mono107Air Pollution106Ozone104Particulates103Nat'l Avg100Weather93Earthquake65Hurricane46
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1126 Laurel Way.
Walkability Index
4 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1126 Laurel Way has a walkability score of 4 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
27°F
High
47°F
Summer
Average
Low
62°F
High
84°F
In the winter at 1126 Laurel Way, temperatures range from 27.31°F to 46.86°F with an average of 37.09°F. In the summer, the temperature ranges from 62.34°F to 83.81°F with and average of 73.08°F.
School Information
Public/private schools serving 1126 Laurel Way
Public Schools
Burks Elementary School
Grades: PK-6
4.32 mi
C
Monterey High School
Grades: 7-12
4.65 mi
C+
Putnam County Adult High School
Grades: 9-12
13.17 mi
Vital: Upper Cumberland E-Learning Network
Grades: PK-12
12.73 mi
C+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1126 Laurel Way have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 38574.
Seasonal Housing units 38574
17%of housing is for seasonal rent.
Daytime Population for 38574
-17%of people during work hours.
Crime Index for 38574
137
137
The crime index in 38574 is 137, which is 1.4 times higher than national average.
Market Trends
Historical market data near 1126 Laurel Way over selected time period.
Nearby Properties on Laurel Way
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- 1130 W Laurel Way, Monterey, TN 38574 is a 2,403 square foot, 3 bathroom, 4.1 acre property. It was built in 2012 and has an estimate of $435,024 with a price per ft² of $181.
- 1019 W Laurel Way, Monterey, TN 38574 is a 1,568 square foot, 2 bathroom, 4 acre property. It was built in 2012 and has an estimate of $291,726 with a price per ft² of $186.
- 1028 W Laurel Way, Monterey, TN 38574 is a 2,602 square foot, 3 bathroom, 4 acre property. It was built in 2011 and has an estimate of $703,008 with a price per ft² of $270.
- 1252 Laurel Way, Monterey, TN 38574 is a 2,636 square foot, 3 bathroom, 4.9 acre property. It was built in 2011 and has an estimate of $588,050 with a price per ft² of $223.
- 1363 Laurel Way, Monterey, TN 38574 is a 1,995 square foot, 3 bathroom, 4.5 acre property. It was built in 2006 and has an estimate of $502,479 with a price per ft² of $252.
- 1320 Laurel Way, Monterey, TN 38574 is a 2,008 square foot, 3 bedroom, 3 bathroom, 4 acre property. It was built in 1989 and has an estimate of $437,760 with a price per ft² of $218.
- 1269 Laurel Way, Monterey, TN 38574 is a 1,816 square foot, 2 bathroom, 4.4 acre property. It was built in 2012 and has an estimate of $366,453 with a price per ft² of $202.
- 1316 Laurel Way, Monterey, TN 38574 is a 1,872 square foot, 2 bathroom, 4 acre property. It was built in 2011 and has an estimate of $390,735 with a price per ft² of $209.
- 1328 Laurel Way, Monterey, TN 38574 is a 1,700 square foot, 3 bedroom, 2 bathroom, 4 acre property. It was built in 1998 and has an estimate of $377,055 with a price per ft² of $222.
- 1110 W Laurel Way, Monterey, TN 38574 is a 1,950 square foot, 2 bathroom, 4 acre property. It was built in 2003 and has an estimate of $400,824 with a price per ft² of $206.
- 1340 Laurel Way, Monterey, TN 38574 is a 4.8 acre property.
- 1311 Laurel Way, Monterey, TN 38574 is a 2,324 square foot, 3 bedroom, 2 bathroom, 4.1 acre property. It was built in 2014 and has an estimate of $659,805 with a price per ft² of $284.
- 1335 Laurel Way, Monterey, TN 38574 is a 2,421 square foot, 3 bathroom, 5 acre property. It was built in 2011 and has an estimate of $784,890 with a price per ft² of $324.
- 1133 W Laurel Way, Monterey, TN 38574 is a 1,458 square foot, 2 bedroom, 2 bathroom, 4 acre property. It was built in 2012 and has an estimate of $335,502 with a price per ft² of $230.
- 1121 W Laurel Way, Monterey, TN 38574 is a 1,778 square foot, 2 bathroom, 4 acre property. It was built in 1998 and has an estimate of $470,000 with a price per ft² of $264.
- 1072 W Laurel Way, Monterey, TN 38574 is a 1,486 square foot, 2 bathroom, 4.1 acre property. It was built in 2002 and has an estimate of $353,799 with a price per ft² of $238.
- 1308 Laurel Way, Monterey, TN 38574 is a 2,024 square foot, 4 bedroom, 3.25 bathroom, 5.5 acre property. It was built in 2012 and has an estimate of $408,519 with a price per ft² of $202.
- 1125 W Laurel Way, Monterey, TN 38574 is a 3,021 square foot, 4 bedroom, 4.25 bathroom, 6 acre property. It was built in 1997 and has an estimate of $803,134 with a price per ft² of $266.
- 1237 Laurel Way, Monterey, TN 38574 is a 2,272 square foot, 2 bathroom, 4 acre property. It was built in 2011 and has an estimate of $574,636 with a price per ft² of $253.
- 1244 Laurel Way, Monterey, TN 38574 is a 3,199 square foot, 3 bedroom, 4.5 bathroom, 4.2 acre property. It was built in 2011 and has an estimate of $767,145 with a price per ft² of $240.
- 1141 W Laurel Way, Monterey, TN 38574 is a 3,097 square foot, 3 bathroom, 4.43 acre property. It was built in 2012 and has an estimate of $648,284 with a price per ft² of $209.
- 1245 Laurel Way, Monterey, TN 38574 is a 1,276 square foot, 2 bathroom, 4.04 acre property. It was built in 2006 and has an estimate of $242,991 with a price per ft² of $190.
- 1303 Laurel Way, Monterey, TN 38574 is a 3,750 square foot, 3 bathroom, 5.7 acre property. It was built in 2011 and has an estimate of $827,469 with a price per ft² of $221.
- 1217 Laurel Way, Monterey, TN 38574 is a 1,927 square foot, 2 bathroom, 4.1 acre property. It was built in 2010 and has an estimate of $589,511 with a price per ft² of $306.
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