$150,000
Madisonville, TN 37354
MLS# 1322550
3 beds | 2432 sqft
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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.
Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 150000
Current Price: $150,000
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
IDX
Listing Office: Silver Key Realty
Office Phone: 423-405-5157
Last Updated: November - 21 - 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.
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