8150 Pelleaux Rd, Knoxville, TN 37938
New
$3,200,000
Property Type:
Single Family
Bedrooms:
2
Square Footage:
1,350
Lot Size (sq. ft.):
1,762,438
Status:
Active
Current Price:
$3,200,000
List Date:
7/01/2026
Last Modified:
7/01/2026
Overview
Description
...
(Read more)
Attention developers and builders! This is the Kelley Farm--40 contiguous acres of high-potential East Tennessee land perfectly positioned for a premier residential community in the heart of Halls Crossroads, just 20 minutes north of downtown Knoxville. Featuring approximately 31 acres of cleared, open pasture and 9 acres of beautiful woodland, this site is currently zoned to accommodate 3.5 units per acre for an immediate yield of 142 total units. With a solid concept plan, there is an excellent path to re-zone to 4 units per acre, pushing your maximum potential to 162 total units. Infrastructure logistics are highly favorable, boasting over 1,500 linear feet of premium frontage along Norris Freeway, seamless main access from Pelleaux Road, and all essential utilities readily available right at the street. Adding immediate value, the original farmhouse on the property is currently occupied by a month-to-month tenant generating $1,000 per month in rental income, providing a steady holding cash flow while you navigate the engineering, permitting, and planning phases. Location convenience is unmatched for future residents, sitting directly next to Norris Freeway and just moments from the Halls Walmart, extensive shopping, medical facilities, restaurants, and top local schools. Capitalize on Knox County-only taxes and the soaring demand for residential density in this market--bring your concept plan and schedule your site tour today.
Listing Details MLS# 1346602
Location Tax Legal Info
- House #
- 8150
- Street Name
- Pelleaux
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37938
- PIN #
- 028 021
Contract Info
- Auction Y/N
- No
- Listing Price
- 3200000
General Property Description
- Type
- Basement Ranch
- Lot Dimensions
- 40.46 acres per Knox County Records
- Acres
- 40.46
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- No
- SqFt - Total (Aprox)
- 1350
- SqFt - Main Lvl
- 1350
- # Bedrooms
- 2
- Baths - Full
- Yes
- Baths - 1/2
- Yes
- # of Rooms
- 6
- Fireplace
- No
- Property Status
- N/A
- HOA
- No
- Year Built
- 1963
- Bonus Room
- No
- SqFt - Down Lvl
- 0
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- # Fireplace
- 0
- Basement
- Yes
Status Change Info
- Status Change Date
- 2026-07-01
Location, Tax & Legal Info
- Area
- Knox County - 1
- Property Sub-Type
- Residential
- City/County Code
- County
- Total Tax
- 783.6
Remarks & Misc
- Directions
- I-75 to Emory Road Exit 112 * Go East on Emory Road * Continue East approx 5 miles to Left onto US 441 Norris Freeway * Go approx 2 miles to Property on Left * Left onto Pelleaux Rd * Property is on the corner of Norris Freeway and Pelleaux Road. Sign on Property *
- Public Remarks
- Attention developers and builders! This is the Kelley Farm--40 contiguous acres of high-potential East Tennessee land perfectly positioned for a premier residential community in the heart of Halls Crossroads, just 20 minutes north of downtown Knoxville. Featuring approximately 31 acres of cleared, open pasture and 9 acres of beautiful woodland, this site is currently zoned to accommodate 3.5 units per acre for an immediate yield of 142 total units. With a solid concept plan, there is an excellent path to re-zone to 4 units per acre, pushing your maximum potential to 162 total units. Infrastructure logistics are highly favorable, boasting over 1,500 linear feet of premium frontage along Norris Freeway, seamless main access from Pelleaux Road, and all essential utilities readily available right at the street. Adding immediate value, the original farmhouse on the property is currently occupied by a month-to-month tenant generating $1,000 per month in rental income, providing a steady holding cash flow while you navigate the engineering, permitting, and planning phases. Location convenience is unmatched for future residents, sitting directly next to Norris Freeway and just moments from the Halls Walmart, extensive shopping, medical facilities, restaurants, and top local schools. Capitalize on Knox County-only taxes and the soaring demand for residential density in this market--bring your concept plan and schedule your site tour today.
More Information
Fencing
- Chain
- Yes
- Fenced Yard
- Yes
Atchd/Dtchd Type
- Detached
- Yes
Style
- Traditional
- Yes
Construction
- Brick
- Yes
- Frame
- Yes
Siding
- Brick
- Yes
Fireplace
- None
- Yes
Cooling
- None
- Yes
Floors
- Hardwood
- Yes
- Other
- Yes
Garage/Parking
- Garage Spaces
- 1
- Attached
- Yes
- Basement
- Yes
- Off-Street Parking
- Yes
- RV Parking
- Yes
Basement
- Slab
- Yes
- Unfinished
- Yes
- Walkout
- Yes
Lot Description
- Corner Lot
- Yes
- Irregular Lot
- Yes
- Level
- Yes
- Pond
- Yes
- Private
- Yes
- Rolling Slope
- Yes
Fuel
- Electric
- Yes
View
- Country Setting
- Yes
- Mountain View
- Yes
- Wooded
- Yes
Heat
- None
- Yes
Dining Area
- Eat-in Kitchen
- Yes
- Kitchen/Dining Rm Co
- Yes
Appliances
- None
- Yes
Other Rooms
- Bedroom Main Level
- Yes
- Mstr Bdrm Main Level
- Yes
Exterior Features
- Cable Available (TV Only)
- Yes
- Porch - Covered
- Yes
Misc Features
- Washer/Dryer Connect
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Outbuildings
- Barn
- Yes
- Storage Shed
- Yes
New Financing
- Call Listing Agent
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Style:
Traditional
Construction:
Brick; Frame
Siding:
Brick
Basement:
Slab; Unfinished; Walkout
Lot Description:
Corner Lot; Irregular Lot; Level; Pond; Private; Rolling Slope
View:
Country Setting; Mountain View; Wooded
Fireplace:
None
Floors:
Hardwood; Other
Fuel:
Electric
Heat:
None
Cooling:
None
Appliances:
None
Sewer:
Public Sewer
Water:
Public
Other Rooms:
Bedroom Main Level; Mstr Bdrm Main Level
Misc Features:
Washer/Dryer Connect
Exterior Features:
Cable Available (TV Only); Porch - Covered
Fencing:
Chain; Fenced Yard
Outbuildings:
Barn; Storage Shed
Dining Area:
Eat-in Kitchen; Kitchen/Dining Rm Co
Showing:
See Agent Instructns
New Financing:
Call Listing Agent; Cash; Conventional; FHA; VA Loan
IDX
Listing Office:
Southland Realtors, Inc
Last Updated: July - 01 - 2026
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