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Residential Land with Home for Sale in Madisonville, Tennessee

550 Happy Hollow Rd, Madisonville, TN 37354

$150,000
5 acres
Active
ago
Est $782/mo

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.

2,432
Sq feet
3
Beds
2
Full baths
2007
Built

Location

Street address
550 Happy Hollow Rd
Elevation
987 feet
Coordinates
35.4253, -84.3915

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

Property details

Acreage
5 acres
MLS #
KAARMLS 1322550
Posted

Property taxes

Recent
$565

Parcels

  • 114 010.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Irregular Lot, Private, Rolling Slope

Exterior

Pool
Deck

Structure

Basement
Crawl Space
Water
Well
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Central Air
Materials
Frame, Vinyl Siding

Interior

Room Count
8
Rooms
Bathroom x 2, Bedroom x 3
Features
Kitchen Island

Listing history

DateEventPriceChangeSource
Nov 21, 2025New listing$150,000KAARMLS
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This 5-acre property is located at 550 Happy Hollow Rd in Madisonville, TN 37354. The property is available for sale for $150,000. It has a 2,432 sq ft 3 bedroom, 2 bath house built in 2007.

Checked 1 hour ago — Updated

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