Active

283 Markum Ln

Spencer, TN 38585

$455,000 $1,918/Mo

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Overview

Bed

Bath

2,569

Sqft

Acres(Lot)

Description

Tucked away just minutes from Fall Creek Falls State Park, discover the perfect investment or flexible living opportunity. This gorgeous cabin sits on a gated, fully fenced property with ponds, a workshop, and over 1,100 sq. ft. of wraparound porch space. It offers excellent Airbnb and short-term rental potential, as well as an ideal layout for a possible in-law suite or guest quarters thanks to a secondary kitchen. The unique spiral staircase adds architectural charm and can be converted to traditional stairs if preferred, making this home adaptable for any lifestyle. Home Features : Quality craftsmanship in solid wood construction, enhanced by 6" seamless gutters, energy-efficient LED lighting, and current termite/pest service. The basement level includes a secondary kitchen for multi-ge nerational living or guest accommodations. A spacious 616 sq. ft. loft includes plumbing for an additional half bath, plus a comfortable sitting area and bedroom space. The main-level primary suite includes washer/dryer hookups for added convenience. Two spiral staircases create architectural interest and functionality and could easily be converted to traditional stairs if desired. Kitchen : Custom-built countertops and a generously sized pantry provide organization and storage. Interior Appeal : The open-concept living area features vaulted ceilings and large windows that invite natural light. Bathrooms : Walk-in showers with modern fixtures deliver a spa-like, luxurious experience. Outdoor Living : Enjoy over 1,100 sq. ft. of wraparound porch space with sleek stainless steel cable railings. This three-sided porch provides the perfect setting to relax or entertain. Garage & Workshop : The 24x40 insulated detached garage/shop includes a 16x40 lean-to and 200-amp service, ideal for hobbies, storage, or workspace needs. Land & Setting : Accessed through a gated entrance, the fully fenced property features a private road that circles the land, two spring-fed ponds, and a firepit area.

Property Details

Property Type : Residential

Price : $455,000

AD Id : 76988736

MLS Id : RTC3173075

Beds : 3

Lot Size : 3 Acres

Living Area Size : 2,569

Year Built : 2023

Garage : 2

County : Van Buren County

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Interior Features

Appliances: Electric Oven, Electric Range
Flooring Information

Flooring: Concrete, Laminate Construction Materials: Wood Siding
Heating & Cooling

Heating: Other Has Heating: Yes Cooling: Electric Has Cooling: Yes WaterSource: Public

Building Information

Year Built: 2023

Lot Information

Lot Size Area: 3 Lot Acres: 3

Property Information

Property Type: Residential Sub Type: Single Family Residence

Listing Price Information

Original List Price:$455000

Tax Information

Annual Tax: $794 Parcel Number: 048 02606 000

Parking Information

Total Parking: 2 Detached

Garage Information

Has Garage: Yes Garage Space: 2

School Information

Elementary School: Spencer Elementary Junior High School: Van Buren Co High School Senior High School: Van Buren Co High School
Utility Information

Electricity Available, Water Available Sewer: Septic Tank Water Source: Public
Location Information

Subdivision: n/a City: Spencer Direction: Take HWY 30 to Spencer, TN for 26 miles. Turn right onto Markum Lane for approx 1/2 mile. Travel .3 miles and the property is on the left

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
167 Bunkhouse Rd, Spencer, TN, 38585	$449,900	3	4	2,094	2,094 SqFt
1201 Bridle Tr, Spencer, TN, 38585	$1,750,000	4	4	3,898	3,898 SqFt
79 Evans Ln, Spencer, TN, 38585	$149,900	3	1	1,200	1,200 SqFt
7055 Mooneyham Lonewood.., Spencer, TN, 38585	$1,800,000	7	6	4,167	4,167 SqFt
722 Hemlock Ln, Spencer, TN, 38585	$1,075,000	3	3	2,163	2,163 SqFt
499 Hemlock Lane, Spencer, TN, 38585	$495,500	3	2	1,587	1,587 SqFt
10 Meadow Brook Ln, Spencer, TN, 38585	$302,000	2	3	1,224	1,224 SqFt
101 Meadow View Lane, Spencer, TN, 38585	$329,900	2	2	1,146	1,146 SqFt
101 Meadow View Lane, Spencer, TN, 38585	$329,900	2	2	1,146	1,146 SqFt
160 Eagles Bluff Cir, Spencer, TN, 38585	$485,000	3	4	2,738	2,738 SqFt

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ByOwner last updated this listing 06/03/2026 @ 18:20

MLS: REALTRAC #3173075 LISTED BY: Paddi Smith, Jones & Co. Real Estate 931-808-8442 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)