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Lacy Mellon

lacymellon@gmail.com +1(865) 742-3936

Est. payment - /mo

3 Beds

2 Baths

1,260 SqFt

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OPEN HOUSE

Thu Jun 12, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Subdivision Claude G Bailey Farm

MLS Listing ID 1303145

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1935

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Single Family Residence

Source East Tennessee REALTORS® MLS

Property 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

Location

State TN

County Knox County - 1

Area 2.0

Rooms

Other Rooms LaundryUtility, Bedroom Main Level, Mstr Bedroom Main Level

Basement Crawl Space

Interior

Interior Features Eat-in Kitchen

Heating Heat Pump, Electric

Cooling Central Cooling

Flooring Other

Fireplaces Type None

Fireplace No

Appliance None

Heat Source Heat Pump, Electric

Laundry true

Exterior

Exterior Feature Porch - Covered

Parking Features Off-Street Parking, Main Level

Garage Description Main Level, Off-Street Parking

Garage No

Building

Lot Description Irregular Lot, Rolling Slope

Faces 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.

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding,Brick,Frame

Others

Restrictions Yes

Tax ID 104 048

Energy Description Electric

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Auction

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Listed by Powell Auction & Realty,LLC

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Lacy Mellon

+1(865) 742-3936

Team Leader/Agent | License ID: 328504

Team Leader/Agent License ID: 328504

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2751 Bailey Farm DR Knoxville, TN 37931

Lacy Mellon

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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