Price Reduction
Address
188 Happy Hollow Road, Madisonville, TN
Price
$ 589,909
Property Attributes
  • ID#312005
  • TypeSingle Family
  • Listing Status Active
  • CountyMonroe
  • CityMadisonville
  • AreaOther
  • NeighborhoodNone
  • Zip37354
  • Style
  • Year Built2013
  • Taxes$ 1132
  • Price$ 589,909
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1662
  • Lot Size17 Acres
Data Source:
Great Smoky Mountains MLS (GSMMLS)
Property Description

MAZING Rare opportunity to own a private 17.5-acre East Tennessee retreat featuring mountain and valley views, a stocked pond with an overflow spillway, a year-round spring feeding into the pond, mature timber, established landscaping, trails and endless possibilities for a homestead, family compound, recreational getaway, cabin development, or STR investment property. This stunning property includes all stainless steel kitchen appliances, new water heater, reverse osmosis water system, home generator and a newly seal coated driveway! Tucked behind a gated entrance with keypad access and a long private driveway, this unrestricted property features drivable roads and trails throughout, multiple potential build sites, fruit trees, blueberry bushes, abundant wildlife, and a peaceful mountain-country atmosphere while still being conveniently located just minutes from Madisonville, Tellico, Athens, Maryville and Knoxville. The one-level home offers open living spaces, hardwood flooring, tile in baths and entry, covered porches, fireplace, large primary shower, and gas hookup for an outdoor grill. Additional features include a whole-house generator serviced annually, buried 500-gallon propane tank, whole-house reverse osmosis water system, strong well water pressure, brand new water heater, fiber internet access at the street, and drainage systems already in place with no flooding history. The detached heated and cooled 2-car garage, multiple outbuildings, and large workshop with skylights and built-in work benches provide excellent space for storage, equipment, tools, hobbies, or business use. Existing infrastructure, survey work, and utility access add significant value and reduce future development costs. Appliances, furniture, and lawn equipment are negotiable, and flexible closing timelines may be available. May qualify for Greenbelt Status. You Must come see this one in person to truly appreciate the beauty of this amazing property!!

Price History
6/11/2026 Listed $699,990
6/12/2026 7$650,000
6/19/2026 Listed $649,999
6/26/2026 Listed $649,990
7/3/2026 Listed $649,909
7/10/2026 8$599,999
7/17/2026 Listed $599,990
7/24/2026 Listed $599,909
7/31/2026 Listed $599,900
8/14/2026 2$589,999
8/21/2026 Listed $589,990
8/28/2026 Listed $589,909

General Features

Sewer Septic Tank
Heating Central,Electric
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher,Microwave Range Hood Combo,Refrigerator
Zoning --
Garage Spaces 2
Architectural Style Cabin,Cottage
Construction Materials Frame
Year Built 2013
Property Subtype Single Family Residence
Tax Year 2025
County Monroe
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name None
Garage Y/N true
Other Structures Workshop
Full Baths 2
Status Active
Directions From Interstate 40 at Sweetwater exit 60: Start out on Hwy 68 south and go about 17 miles. Then turn right onto Happy Hollow Rd and go about .4 mile. Then turn right into the driveway and the house will be at the end of the driveway.
City Madisonville
MLS Area Other
Lot Size Units Acres
Lot Size Square Feet 740520
Tax Annual Amount 1132.2
MLS Area Minor Other
Standard Status Active
Tax Lot ---
Occupancy Either

Interior Features

Basement Crawl Space
Flooring Hardwood,Tile
Total Fireplaces 1
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1662
Laundry Features Inside,Laundry Room,Main Level
Total Bedrooms 3
Total Baths 2

Exterior Features

Parking Features Additional Parking,Detached,Workshop in Garage
Lot Features Farm,Irregular Lot,Private,Steep Slope,Views,Wooded,Other,Country Setting
Water Source Well
Lot Size Area 17
Building Area Total 1662
Lot Size Acres 17
Road Surface Type Gravel,Paved
Road Frontage Type County Road
Other Equipment Generator

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37354

Price
AVG $460K
$590K
Taxes
AVG $1,105
$1,132
Year Built
AVG 1991
2013

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