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1051 Happy Hollow Rd, Lenoir City, TN, 37771

1beds
1baths
872sqft
$299,000
$343price/sqft
$2,238/moest. monthly cost
$89,520/yrincome needed

About This Home

Bring your vision and restore this classic 1940s farmhouse to the charming country home it was meant to be! Situated on approximately 1 acre in a peaceful rural setting, this property offers the perfect blend of open space, convenience, and opportunity. Step onto the welcoming covered front porch, where you'll enjoy picturesque country views and peaceful evenings. Inside, you'll find spacious living areas filled with natural light, including a large living room, dedicated dining room, and an inviting kitchen ready for your personal touch. Original farmhouse character remains throughout, providing the perfect canvas for renovation. The traditional one-story floor plan has been expanded by opening the attic into additional finished living space, currently serving as children's bedrooms, offering flexibility for growing families, hobbies, or a home office. Outside is where this property truly shines. The impressive 26' x 68' detached garage/workshop offers tremendous versatility. The building includes: Single-car garage bay Dedicated laundry area Massive 25' x 21' workshop/storage space Plenty of room for equipment, woodworking, vehicles, hobbies, or a small business Additional outdoor features include: Above-ground swimming pool Spacious yard with room to garden, play, or entertain Neighbor fencing on three sides Beautiful mature weeping willow creating a picturesque backdrop and peaceful country atmosphere Despite its quiet rural feel, you're only minutes from schools, shopping, restaurants, and interstate access, making daily commuting convenient while still enjoying the tranquility of country living. Whether you're searching for your next renovation project, an investment opportunity, or a place to create your dream farmhouse, this property offers exceptional potential and space that's becoming increasingly difficult to find. Plenty of room to park RV, utility vehicles! If you've been looking for a classic farmhouse with acreage, a substantial workshop, and the opportunity to make it your own, this is one you won't want to miss.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

9/10
Eaton Elementary SchoolGrades PK-42.3 mi
7/10
North Middle SchoolGrades 5-82.3 mi
6/10
Loudon High SchoolGrades 9-126.2 mi

Construction

Condition

  • Year built: 1942

Materials

  • Construction materials: Wood Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Bonus Room
  • Flooring: Laminate,Hardwood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas,Other
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 872
  • Total interior livable area: 872 sqft

Property

Details

  • Parcel number: 014 14601 000

Features

  • Has view: Yes
  • View description: Country Setting

Lot

  • Lot size: 1 Acres
  • Features: Private,Level
  • Lot size dimensions: 185 x 232 x 189 x 232

Parking

  • Total spaces: 1
  • Parking features: Designated Parking,Detached,RV Access/Parking,Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Earthquake
Inland Flooding
Ice Storm
Landslide
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance $113$1,356
Property Taxes $439$5,268
Electricity $175$2,103
Total$2,238$26,856

Income You'd Need if You Spent...

35% on housing$76,731/yr
40% on housing$67,140/yr
45% on housing$59,680/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 37771$175
Loudon County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 37771$209
Loudon County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$299,000
2018-04-04Sold$137,500
2016-03-04Sold$275,000
2004-07-12Sold$25,000

For Sale by Agent

AgentTrisha Kopinski
BrokerageSouthern Charm Homes

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