$1,886,000
$89K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

5300 Highway 31 W Portland, TN 37148

Estimated payment $10,427/month

Total Views 2,947
4 Beds
6 Baths
5,702 Sq Ft
$331 Price per Sq Ft

Highlights

  • In Ground Pool
  • 19.5 Acre Lot
  • Cooling Available
  • Portland West Middle School Rated A-
  • No HOA
  • Tile Flooring

About This Home

WELCOME TO WALNUT RIDGE — A True Tennessee Treasure!
Originally built by country music legend Ronnie McDowell, this private 19.5-acre estate offers the perfect blend of Southern charm, luxury, and endless potential. A gated entrance leads you to the 7,000+ square foot main residence featuring 4 spacious bedrooms, 6 bathrooms, formal living and dining rooms, a primary bedroom on the main level, home office, exercise room, and a game room—all thoughtfully designed for comfort and entertaining.

Accommodate guests in style with a 2-bedroom guest house complete with a full kitchen, and a 1-bedroom pool house. Enjoy the outdoor oasis with a gazebo, covered bridge, and a sparkling pool perfect for Tennessee summers.

Equestrian-ready with two fenced paddocks, a 3-stall barn featuring a tack room, electricity, and water, plus a second barn. Vehicle storage includes a two-car garage plus an additional one-car garage with a wash bay and drain. A storm room/workshop and RV pad add extra convenience and versatility.

Whether you’re a family looking for a forever home, an investor, or a developer, this estate is a one-of-a-kind opportunity.
Don’t miss this iconic, versatile property steeped in music history!

Listing Agent

Jonathan Rivers

Zeitlin Sotheby's International Realty Brokerage Phone: 8287663915 License #364189 Listed on: 07/18/2025

Zeitlin Sotheby's International Realty

Co-Listing Agent

Tyler Love

Zeitlin Sotheby's International Realty Brokerage Phone: 8287663915 License #364627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1985

Parking

  • 3 Car Garage

Home Design

  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,702 Sq Ft Home
  • Property has 2 Levels
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 6 Full Bathrooms

Schools

  • Portland Gateview Elementary School
  • Portland West Middle School
  • Portland High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • In Ground Pool
  • 19.5 Acre Lot

Community Details

  • No Home Owners Association
  • W Allison Buntin Jr. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035 02800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,553

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Attribution Contact: 8287663915
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Electric Oven, Cooktop, Microwave
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 6
  • Has Basement: None
  • Above Grade Finished Sq Ft: 5702
  • Building Area Units: Square Feet
  • Living Area: 5702
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stone, Wood Siding
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Faces Side
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 19.5
  • Lot Size Units: Acres
  • Parcel #: 035 02800 000
  • Property Attached Yn: No

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4553

MLS Schools

  • Elementary School: Portland Gateview Elementary School
  • High School: Portland High School
  • Middle Or Junior School: Portland West Middle School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,553 $320,425 $26,825 $293,600
2023 $3,867 $171,700 $11,200 $160,500
2022 $3,884 $171,700 $11,200 $160,500
2021 $3,884 $171,700 $11,200 $160,500
2020 $3,884 $171,700 $11,200 $160,500
2019 $3,884 $0 $0 $0
2018 $3,393 $0 $0 $0
2017 $3,393 $0 $0 $0
2016 $3,393 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $1,886,000 -4.5% $331 / Sq Ft
07/18/2025 07/18/25 For Sale $1,975,000 -- $346 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,138 VA
Closed $395,000 Unknown
Closed $220,000 Credit Line Revolving
Source: Public Records

Source: Realtracs

MLS Number: 2943832

Realtracs

APN: 035-028.00