$150,000

550 Happy Hollow Rd, Madisonville, TN 37354

  • 3 beds |
  • 2 baths |
  • 2,432 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $62/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

550 Happy Hollow Road • Madisonville, TN High-ROI Investor Opportunity • 5 UNRESTRICTED Acres Attention investors—here's the value-add property you've been searching for. This 2007 double-wide manufactured home sits on 5 fully unrestricted acres in Madisonville, offering multiple exit strategies, strong upside potential, and the ability to subdivide the land for additional home sites if desired. The home features 3 bedrooms, 2 baths, a bonus room, and a wood-burning fireplace with an island kitchen. While the property will need cosmetic and repair updates, it is ideal for a flip, BRRRR, long-term rental, or short-term rental conversion. The layout is functional, the footprint is solid, and the land provides exceptional flexibility for further development. Key Highlights for Investors: Unrestricted 5 acres - suitable for subdividing into multiple home sites or adding tiny homes, manufactured homes, RV pads, or additional rental units Cash or conventional financing only - priced for a quick, clean close Strong rental demand for homes on acreage in Monroe County Well & septic - reduced monthly utility overhead Competitive list price: $150,000 with ample room for value-add improvements Multiple exit strategies including renovation, rental portfolio addition, or land development This property delivers the rare combination of unrestricted land, subdivision potential, and immediate value-add opportunity. Investors looking for a profitable project or multi-use land development option will appreciate the flexibility and upside here.

Listing Status:
Active
Date Added:
November 21, 2025 at 06:00AM
Listing Office:
Silver Key Realty : 423-405-5157
MLS ID:
1322550
  • General: Kitchen Island
  • Appliances: None
  • Basement: Crawl Space
  • Flooring: Other
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Wood BurningFireplaceFireplaces: 1
  • Parking: Assigned
  • General: FrameVinyl Siding
  • Originating MLS: East Tennessee REALTORS® MLS
  • County: Monroe County - 33
  • Zoning: 114 010.00
  • View: Country Setting
  • Water: Well
  • Sewer: Septic Tank
  • Source: East Tennessee REALTORS® MLS

This listing courtesy of Silver Key Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tellico Plains Elementary School

121 Old High School Rd, Tellico Plains, TN, 37385

Grades PK-4

5.63 miles away

T

Tellico Plains Junior High School

120 Old High School Rd, Tellico Plains, TN, 37385

Grades 5-8

5.67 miles away

T

Tellico Plains High School

9180 Hwy 68, Tellico Plains, TN, 37385

Grades 9-12

6.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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