550 Happy Hollow Rd Madisonville, TN 37354
3 Beds
2 Baths
2,432 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,432 sqft
Price per Sqft $61
MLS Listing ID 1322550
Style Manufactured
Bedrooms 3
Full Baths 2
Year Built 2007
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
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.
Location
State TN
County Monroe County - 33
Area 5.0
Rooms
Family Room Yes
Other Rooms LaundryUtility, DenStudy, Extra Storage, Family Room, Mstr Bedroom Main Level, Split Bedroom
Basement Crawl Space
Interior
Interior Features Kitchen Island
Heating Central, Electric
Cooling Central Cooling
Flooring Other
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Appliance None
Heat Source Central, Electric
Laundry true
Exterior
Exterior Feature Deck
Parking Features Designated Parking
Garage Description Designated Parking
View Country Setting
Garage No
Building
Lot Description Private, Irregular Lot, Rolling Slope
Faces 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
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding,Frame
Others
Restrictions No
Tax ID 114 010.00
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
