550 Happy Hollow Rd, Madisonville, TN 37354

$130,000
Property Type: Single Family Bedrooms: 3 Square Footage: 2,432 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $130,000 List Date: 11/21/2025 Last Modified: 12/16/2025

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.

More Information MLS# 1322550

Contract Info

Auction Y/N: No Listing Price: 130000 Current Price: $130,000 Status: Active Listing Date: 2025-11-19

Location, Tax & Legal Info

Area: Monroe County - 33 Property Sub-Type: Residential City/County Code: County Total Tax: 564.96

General Property Description

Type: Mobile/Manufactured # Bedrooms: 3 Acres: 5 Acre Source: Tax Records # of Rooms: 8 Restrictions: No Site Built: No Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 2432 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 Total Unfinished SqFt: 0 # Fireplace: 1 HOA: No Basement: No Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 2432 Baths - Full: 2 Year Built: 2007

Remarks & Misc

Directions: From Old Federal Rd 1.0 mi Turn right onto Wilson Station Rd 1.2 mi Turn left to stay on Wilson Station Rd 1.0 mi Turn left onto Happy Hollow Rd 0.5 mi Turn left Public Remarks: 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.

Atchd/Dtchd Type

Detached: 1

Style

Manufactured: 1

Construction

Frame: 1

Siding

Vinyl: 1

Fireplace

Wood Burning: 1

Cooling

Central Cooling: 1

Floors

Other: 1

Garage/Parking

Designated Parking: 1

Basement

Crawl Space: 1

Lot Description

Irregular Lot: 1 Private: 1 Rolling Slope: 1

Fuel

Electric: 1

View

Country Setting: 1

Heat

Central: 1

Appliances

None: 1

Other Rooms

Den/Study: 1 Extra Storage: 1 Family Room: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1 Split Bedroom: 1

Exterior Features

Deck: 1

Misc Features

Kitchen Island: 1 Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Well: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 550 Street Name: Happy Hollow St Suffix: Rd State/Province: TN Zip Code: 37354 PIN #: 114 010.00 Geo Lat: 35.425328 Geo Lon: -84.39149

Status Change Info

Status Change Date: 2025-11-20

Property Features

Style: Manufactured Construction: Frame Siding: Vinyl Basement: Crawl Space Lot Description: Irregular Lot; Private; Rolling Slope View: Country Setting Fireplace: Wood Burning Floors: Other Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: None Sewer: Septic Tank Water: Well Other Rooms: Den/Study; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level; Split Bedroom Misc Features: Kitchen Island; Washer/Dryer Connect Exterior Features: Deck Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Silver Key Realty
IDX
Office Phone: 423-405-5157
Last Updated: December - 16 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.