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
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