2865/2869 Happy Hollow Road SMOKY MOUNTAIN INVESTMENT OPPORTUNITY | 34 ACRES + 2 INCOME-PRODUCING HOMES RARE WEARS VALLEY OFFERING: Turn-key rental income TODAY + unlimited development potential TOMORROW. IMMEDIATE INCOME STREAM: - Home #1: 3BD/2BA | 1, 727 SF | 2002 Build | $1, 500+/mo potential - Attached 2-car garage + 20x20 detached garage + storage building - 2-year-old Generac generator (professionally installed) - Move-in ready with all appliances - Home #2: 3BD/2BA | 1, 320 SF | Currently rented month-to-month - Immediate cash flow from day one - Attached garage, turnkey condition DEVELOPMENT-READY LAND: 31.46 combined acres of pristine Smoky Mountain terrain - NO HOA restrictions - build your vision - Perfect for: Spec homes | Vacation cabins | RV resort | Private estate - Subdivision potential with proper planning approval - Deeded ROW ensures accessibility LOCATION ADVANTAGES: - 9.6 miles to Pigeon Forge (tourist traffic: 11M+ visitors/year) - Minutes to Gatlinburg & Great Smoky Mountains National Park - Private country setting with commercial amenity proximity - Wears Valley - one of East TN's fastest-growing & most desired areas INVESTOR SCENARIOS: Hold both homes as rentals Sell Home #2, develop land, keep Home #1 as income Subdivide acreage into 5-10 acre parcels - (depending on county planning approval) Build luxury cabin community (high STR demand) Pending county planning approval Land bank for appreciation in high-growth corridor PROPERTY HIGHLIGHTS: - Total 34 acres across 3 contiguous parcels - Well water & septic (both homes) - County road frontage with deeded access - Agricultural zoning (A-1) - flexible use options - Survey available - Appliances included in both homes This is NOT a fixer-upper - this is a CASH-FLOWING asset with SCALABLE GROWTH POTENTIAL