8150 Pelleaux Rd | Image 1
New
8150 Pelleaux Rd | Image 2

$3,200,000

For Sale

A day ago

8150 Pelleaux Rd, Knoxville, TN

House

MLS® 1346602

2 Bed

2 Bath

--

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size -
Garage Yes
Taxes $784
Days Active 1
Lot Size 40.459999 Acres
Approx. Age 1963
MLS® Number 1346602

Property Address: 8150 Pelleaux Rd, Knoxville, TN, 37938-2813

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1346602
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1963
BasementUnfinished, Walk-Out Access, Slab
DrivewayAttached, Basement, Off Street, RV Access/Parking
Garage Spaces
HeatNone, Electric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
8150 Pelleaux Rd, Knoxville, TN

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