




1051 Happy Hollow Rd, Lenoir City, TN, 37771
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
Schools
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
- Lightning
- Strong Wind
- Winter Weather
- Earthquake
- Inland Flooding
- Ice Storm
- Landslide
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| 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...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Listed for sale | $299,000 |
| 2018-04-04 | Sold | $137,500 |
| 2016-03-04 | Sold | $275,000 |
| 2004-07-12 | Sold | $25,000 |
