2751 Bailey Farm Drive, Knoxville, TN 37931

$231,550
Property Type: Single Family Bedrooms: 3 Square Footage: 1,260 Lot Size (sq. ft.): 87,120 Status: Closed
Current Price: $231,550 List Date: 6/02/2025 Last Modified: 7/14/2025

Description

ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Tuesday, June 17th at 12:00PM - Noon (ET) | OPEN HOUSE: Thursday, June 12th from 2:00-4:00PM (ET) | EXCEPTIONAL INVESTMENT OPPORTUNITY - RENOVATION IN PROGRESS. Prime investment potential on spacious acreage. Discover this outstanding opportunity to complete a promising renovation project on a generous 2.00± acre cleared lot. This cottage-style home offers substantial potential for the right investor or hands-on buyer ready to bring their vision to life. The property features excellent bones and thoughtful planning: Attractive cottage-style design with brick front and vinyl siding on sides and rear, Spacious cleared lot, Strategic location just off the newly completed Schaad Road (Bailey Farm Drive was formerly Ball Camp Pike), and Covered front porch adding curb appeal and functional outdoor space. The home is currently mid-renovation with significant work already completed: Layout appears to have been professionally reworked and reframed, Plumbing appears to be roughed-in throughout, Soaring vaulted ceilings throughout create an open, airy atmosphere, and Well-designed open great room concept combining kitchen, living room, and dining areas. Three bedrooms offering flexible living arrangements. Two full bathrooms for convenience and functionality. Master suite featuring: Private en-suite bathroom, Plumbed for shower installation, Space designed for 48″ vanity, Two generously sized guest bedrooms, and Spacious laundry room for practical everyday living. Important: Interested parties should personally evaluate the property to determine completion needs. Based on current status, the home requires finishing work including, but not limited to: Electrical installation and completion, Insulation throughout, Drywall installation and finishing, Windows (new replacement windows are onsite and ready for installation - will convey with the property), Interior doors and trim work, Flooring throughout, Complete kitchen installation, Bathroom completion including fixtures and finishes, and Any desired exterior improvements. Large 2+ acre lot provides excellent value and future potential. Structural work appears completed - major framework in place. Plumbing roughed-in - significant systems work already invested. Desirable cottage-style architecture appeals to broad market. Convenient location with access to newly improved road infrastructure. This property represents a unique opportunity for investors, contractors, or ambitious homeowners to complete a well-planned renovation project in a desirable setting. The combination of spacious acreage, solid structural foundation, and strategic location creates excellent potential for a successful completion and strong return on investment. Buyers are strongly encouraged to conduct thorough inspections and assessments to fully understand the scope of work required for completion. PLEASE NOTE: Closing for this auction must occur on or before July 2nd, 2025. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

More Information MLS# 1303145

Contract Info

Auction Y/N: Yes Current Price: $231,550 Status: Closed Listing Date: 2025-06-02

Location, Tax & Legal Info

Area: Knox County - 1 Property Sub-Type: Residential City/County Code: County Total Tax: 748.64

General Property Description

Type: Ranch # Bedrooms: 3 Acres: 2 Acre Source: Tax Records # of Rooms: 5 Restrictions: Yes Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 1260 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: No Basement: No Bonus Room: No SqFt - Total (Aprox): 1260 Baths - Full: 2 Year Built: 1935

Remarks & Misc

Directions: From Knoxville, head west on Western Avenue. Turn left on Schaad Road. Turn right on Andes Road to left on Bailey Farm Drive. The home will be on the right. Public Remarks: ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Tuesday, June 17th at 12:00PM - Noon (ET) | OPEN HOUSE: Thursday, June 12th from 2:00-4:00PM (ET) | EXCEPTIONAL INVESTMENT OPPORTUNITY - RENOVATION IN PROGRESS. Prime investment potential on spacious acreage. Discover this outstanding opportunity to complete a promising renovation project on a generous 2.00± acre cleared lot. This cottage-style home offers substantial potential for the right investor or hands-on buyer ready to bring their vision to life. The property features excellent bones and thoughtful planning: Attractive cottage-style design with brick front and vinyl siding on sides and rear, Spacious cleared lot, Strategic location just off the newly completed Schaad Road (Bailey Farm Drive was formerly Ball Camp Pike), and Covered front porch adding curb appeal and functional outdoor space. The home is currently mid-renovation with significant work already completed: Layout appears to have been professionally reworked and reframed, Plumbing appears to be roughed-in throughout, Soaring vaulted ceilings throughout create an open, airy atmosphere, and Well-designed open great room concept combining kitchen, living room, and dining areas. Three bedrooms offering flexible living arrangements. Two full bathrooms for convenience and functionality. Master suite featuring: Private en-suite bathroom, Plumbed for shower installation, Space designed for 48″ vanity, Two generously sized guest bedrooms, and Spacious laundry room for practical everyday living. Important: Interested parties should personally evaluate the property to determine completion needs. Based on current status, the home requires finishing work including, but not limited to: Electrical installation and completion, Insulation throughout, Drywall installation and finishing, Windows (new replacement windows are onsite and ready for installation - will convey with the property), Interior doors and trim work, Flooring throughout, Complete kitchen installation, Bathroom completion including fixtures and finishes, and Any desired exterior improvements. Large 2+ acre lot provides excellent value and future potential. Structural work appears completed - major framework in place. Plumbing roughed-in - significant systems work already invested. Desirable cottage-style architecture appeals to broad market. Convenient location with access to newly improved road infrastructure. This property represents a unique opportunity for investors, contractors, or ambitious homeowners to complete a well-planned renovation project in a desirable setting. The combination of spacious acreage, solid structural foundation, and strategic location creates excellent potential for a successful completion and strong return on investment. Buyers are strongly encouraged to conduct thorough inspections and assessments to fully understand the scope of work required for completion. PLEASE NOTE: Closing for this auction must occur on or before July 2nd, 2025. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

Auction

Bidder Must Qualify: Yes Buyers Premium: Yes Buyers Premium %: 10 Remote Bidding: Yes Real Estate Only: Yes RE & Personal Prop: No Auction Date: 2025-06-17 Auction Location: Online Bidding Only Auction Time: 12:00PM - Noon (ET) Open for Inspection Date: 2025-06-12

Atchd/Dtchd Type

Detached: 1

Style

Traditional: 1

Construction

Frame: 1

Siding

Brick: 1 Vinyl: 1

Fireplace

None: 1

Cooling

Central Cooling: 1

Floors

Other: 1

Garage/Parking

Main Level: 1 Off-Street Parking: 1

Basement

Crawl Space: 1

Lot Description

Irregular Lot: 1 Rolling Slope: 1

Fuel

Electric: 1

Heat

Heat Pump: 1

Dining Area

Kitchen/Dining Rm Co: 1 Living Rm/Dining Rm: 1

Appliances

None: 1

Other Rooms

Bedroom Main Level: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1

Exterior Features

Porch - Covered: 1

Misc Features

Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

New Financing

Cash: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 2751 Street Name: Bailey Farm St Suffix: Drive State/Province: TN Zip Code: 37931 PIN #: 104 048 Subdivision: Claude G Bailey Farm Geo Lat: 35.96021 Geo Lon: -84.112303

Status Change Info

Status Change Date: 2025-07-14 Under Contract Date: 2025-06-20 Sold Date: 2025-07-10 Sold Price: $231,550

Property Features

Style: Traditional Construction: Frame Siding: Brick; Vinyl Basement: Crawl Space Lot Description: Irregular Lot; Rolling Slope Fireplace: None Floors: Other Fuel: Electric Heat: Heat Pump Cooling: Central Cooling Appliances: None Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Washer/Dryer Connect Exterior Features: Porch - Covered Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash
Listing Office: Powell Auction & Realty,LLC
Office Phone: 865-938-3403
Last Updated: July - 14 - 2025
2751 Bailey Farm Drive, Knoxville, TN 37931- MLS# 1303145
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