7055 Mooneyham Lonewood Road

Spencer, TN
$ 1,500,000 Beds 7 Baths 5 Sq 4,167
Monthly Estimate* How much can I afford?

Welcome to 7055 Mooneyham Lonewood Rd., a truly one-of-a-kind country estate set on 40.86 acres of mostly cleared, gently rolling farmland, with an additional 30 acres of fenced pasture available for purchase. Whether you're searching for a working farm, equestrian property, family retreat, hunting getaway, or a multi-generational homestead, this unrestricted property offers the space, versatility, and peaceful setting to make it your own, with the opportunity to expand if desired. Designed for livestock and agricultural living, the property features multiple fenced pastures with lush grazing grass, a corral, and no restrictions on livestock. Two well-stocked ponds, wooded trails, and abundant wildlife, including deer and turkey, create an outdoor enthusiast's paradise with exceptional hunting and recreation right on your own property. An established garden filled with cucumbers, squash, okra, corn, tomatoes, lilies, and sunflowers provides fresh seasonal harvests and adds to the property's charm. The property includes two barns, one of which features five horse stalls, a spacious loft, and a dedicated storage room, making it ideal for equestrian use or daily farm operations. Two additional outbuildings offer endless possibilities as guest accommodations, summer camp housing, workshops, hobby spaces, or additional storage. Rich in history, the residence was originally a schoolhouse before being thoughtfully refurbished and expanded in the early 2000s into the spacious home it is today. Offering 7 bedrooms, 4 full bathrooms, and 2 half bathrooms, the unique floor plan features two separate living quarters, each complete with its own living room, kitchen, bedrooms, and bathrooms, creating an ideal setup for multi-generational living, extended family, guests, or potential rental income. Inside the main living area, soaring ceilings, abundant natural light, and generous gathering spaces create a warm and inviting atmosphere.

Active

  • Price
  • $ 1,500,000
  • City
  • Spencer
  • Bedrooms
  • 7
  • Full Bathrooms
  • 4
  • County
  • VAN BUREN
  • Half Bathrooms
  • 2
  • Area
  • Lot Size
  • 40.86 Acres
  • Zip
  • 38585
  • Sqr Footage
  • 4,167
  • Year Built
  • 1941
  • Taxes
  • $ 1703
  • Style
  • MLS#
  • 3305720
Listed By: Greater Downtown Realty dba Keller Williams Realty;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 4167
Sewer Septic Tank
Heating Central,Electric
Cooling Central Air,Electric
Utilities Electricity Available,Water Available
Possession Close Of Escrow
Roof Other
Garage Spaces 3
Construction Materials Vinyl Siding,Other,Brick
Year Built 1941
Topography Rolling Slope,Private,Other
Levels Three Or More
Property Subtype Single Family Residence
County Van Buren County,TN
New Construction No
Property Type Residential
Attached Garage Yes
Subdivision Name None
Garage Y/N Yes
Full Baths 4
Status Active
Buyer Financing Other,Conventional,USDA
High School Van Buren Co High School
City Spencer
Senior Community Y/N No
Lot Size Units Acres
Elementary School Spencer Elementary
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 1703
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),Walk-In Closet(s)
Flooring Carpet,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Half Baths 2
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 7
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 6

Exterior Features

Parking Features Attached,Asphalt,Circular Driveway,Driveway
Lot Features Rolling Slope,Private,Other
Water Source Public
Total Parking 3
Lot Size Area 40.86
Building Area Total 4167
Lot Size Acres 40.86
Lot Size Source Agent Calculated
Waterfront Y/N No
Covered Spaces 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Tullahoma, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Spencer Elementary
Middle School Unknown Middle School
High School Van Buren Co High School

Price History

7/24/2026 Listed $1,500,000

Property vs Zip Code Average in 38585

Price
AVG $540K
$1.5M
Taxes
AVG $1,128
$1,703
Year Built
AVG 1997
1941
Visits
AVG 38
11
Data Provided by Inside Real Estate®

Areas That We Cover

7055 Mooneyham Lonewood Road Spencer, TN is a Single Family Home for sale at $1500000 with 4167 sqft and a lot size of 40.86 Acres Acre(s). 7055 Mooneyham Lonewood Road Spencer has 7 bedrooms, 4 baths and was built in 1941. The property's zip code is 38585 which is in Spencer, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.