550 Happy Hollow Rd
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....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.
- Listed by Carla Patton • Silver Key RealtyP: (423)-507-7232 C: (423)-507-7232 carla@silverkeycompanies.com
Property Details for 550 Happy Hollow Road
Property Details for 550 Happy Hollow Road
| Status | Closed |
|---|---|
| MLS # | 3206038 |
| Days on Market | 78 |
| Taxes | $565 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Mobile/Manufactured |
| MLS Type | Residential / Mobile Home |
| Year Built | 2007 |
| Lot Size | 5.00 AC / 217,800 SF |
| County | Monroe County |
Location
Sold By CENTURY 21 Legacy, Sherry Condee
Building Information for 550 Happy Hollow Road
Payment Calculator
$702 per month
30 year fixed, 6.46% Interest
$655
$47
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1Property Information for 550 Happy Hollow Road
- 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
- Levels: One
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Mlg Can View: Yes
- Topography: Private,Other,Rolling Slope
- Parking Total: .00
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Building Area Source: Assessor
- Building Area Units: Square Feet
- Flooring: Other
- Lot Features: Private, Other, Rolling Slope
- Lot Size Source: Assessor
- Lot Size Units: Acres
- Parcel Number: 114 01000 000
- Lot Size Area: 5.0
- Construction Materials: Frame, Vinyl Siding
- Documents Count: 2
- New Construction: No
- Possession: Close Of Escrow
- Property Attached: No
- Senior Community: No
- Year Built Details: Existing
- Basement: Crawl Space
- Cooling: Central Air
- Cooling: Yes
- Heating: Central, Electric
- Heating: Yes
- Sewer: Septic Tank
- Utilities: Electricity Available
- Water Source: Well
- Fireplaces Total: 1
- Fireplace: Yes
- Interior Features: Kitchen Island
- Laundry Features: Washer Hookup, Electric Dryer Hookup
- Attached Garage: No
- Exterior Features: No Dock
- Patio And Porch Features: Deck
- Pool Private: No
- View YN: No
- Room Type: Kitchen
- Room Features: Utility Room
- Room Type: Other Room
Property History for 550 Happy Hollow Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 27, 2026 | Closed REALTRACS #3206038 | $130,000 | — |
| Feb 27, 2026 | Closed KAARMLS #1322550 | $130,000 | — |
| Feb 25, 2026 | Closed (Public Record) Public Record #1930183793 | $130,000 | — |
| Feb 25, 2026 | Closed (Public Record) Public Record #1930183793 | $130,000 | +16334.3% / yr |
| Feb 5, 2026 | Contract - Not Showing REALTRACS #3206038 | — | |
| Feb 5, 2026 | Contract - Not Showing KAARMLS #1322550 | — | |
| Nov 21, 2025 | Listed (Active) KAARMLS #1322550 | $150,000 | — |
| Oct 14, 2025 | Closed (Public Record) Public Record #1916720379 | $20,000 | -12.7% / yr |
| Dec 2, 2013 | Withdrawn KAARMLS #850245 | — | |
| Nov 8, 2013 | Closed (Public Record) Public Record #371994829 | $101,744 | — |
| Jun 20, 2013 | Listed (Active) KAARMLS #850245 | $109,900 | — |
| Dec 11, 2012 | Withdrawn KAARMLS #802173 | — | |
| May 17, 2012 | Listed (Active) KAARMLS #802173 | $119,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/27/2026 | Closed REALTRACS #3206038 | $130,000 |
| 02/27/2026 | Closed KAARMLS #1322550 | $130,000 |
| 02/25/2026 | Closed (Public Record) Public Record #1930183793 | $130,000 |
| 02/25/2026 | Closed (Public Record) Public Record #1930183793 | $130,000 +16334.3% / yr |
| 02/05/2026 | Contract - Not Showing REALTRACS #3206038 | — |
| 02/05/2026 | Contract - Not Showing KAARMLS #1322550 | — |
| 11/21/2025 | Listed (Active) KAARMLS #1322550 | $150,000 |
| 10/14/2025 | Closed (Public Record) Public Record #1916720379 | $20,000 -12.7% / yr |
| 12/02/2013 | Withdrawn KAARMLS #850245 | — |
| 11/08/2013 | Closed (Public Record) Public Record #371994829 | $101,744 |
| 06/20/2013 | Listed (Active) KAARMLS #850245 | $109,900 |
| 12/11/2012 | Withdrawn KAARMLS #802173 | — |
| 05/17/2012 | Listed (Active) KAARMLS #802173 | $119,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 550 Happy Hollow Road
Schools near 550 Happy Hollow Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Tellico Plains Elementary School PublicPK to 4 | ||
Tellico Plains Junior High School Public5 to 8 | ||
Tellico Plains High School Public9 to 12 | ||
Monroe Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Silver Key Realty, Carla Patton (423.507.7232)
Based on information submitted to the MLS GRID as of 05/12/2026 01:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.
