8150 Pelleaux Rd, Knoxville, TN 37938
New Listing
$3,200,000
Property Type:
Lots & Acreage
Lot Size (sq. ft.):
104,544
Status:
Active
Current Price:
$3,200,000
List Date:
7/07/2026
Last Modified:
7/07/2026
Listing Details MLS# 1347341
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
- Lot Dimensions
- 40.46 acres per Knox County Records
- Acres
- 2.4
- Acre Source
- Tax Records
- Restrictions
- No
- Development Misc
- Yes
- SqFt – Min 2 Story
- 1350
- Property Status
- N/A
- SqFt – Min Ranch
- 0
- SqFt – Min Tri-Lvl
- 0
Status Change Info
- Status Change Date
- 2026-07-07
Location, Tax & Legal Info
- Area
- Knox County – 1
- 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
Property Sub-Type
- Farm
- Yes
- Single Family
- Yes
Topography
- Partially Cleared
- Yes
- Rolling
- Yes
Road Frontage
- County
- Yes
- State
- Yes
Sale Options
- Fee Simple
- Yes
Improvements
- None
- Yes
Lot Description
- Corner Lot
- Yes
- Irregular Lot
- Yes
- Level
- Yes
- Pond
- Yes
- Private
- Yes
- Rolling Slope
- Yes
Easements
- None
- Yes
View
- Country Setting
- Yes
- Mountain View
- Yes
- Wooded
- Yes
Documents on File
- Other
- Yes
Developmnt Potential
- Farm
- Yes
- Multi-Family
- Yes
- Single Family
- Yes
- Subdivision
- Yes
Utilities Available
- Cable TV
- Yes
- Electricity
- Yes
- Gas
- Yes
- Sewer
- Yes
- Telephone
- Yes
- Water
- Yes
Zoning
- Zoned Residential
- Yes
Present Structures
- Residence
- Yes
- Tenant House
- Yes
New Financing
- Call Listing Agent
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Showing Instructions
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Farm; Single Family
Topography:
Partially Cleared; Rolling
Road Frontage:
County; State
Sale Options:
Fee Simple
Improvements:
None
Easements:
None
Lot Description:
Corner Lot; Irregular Lot; Level; Pond; Private; Rolling Slope
View:
Country Setting; Mountain View; Wooded
Documents on File:
Other
Developmnt Potential:
Farm; Multi-Family; Single Family; Subdivision
Utilities Available:
Cable TV; Electricity; Gas; Sewer; Telephone; Water
Zoning:
Zoned Residential
Present Structures:
Residence; Tenant House
Fencing:
Chain; Fenced Yard
New Financing:
Call Listing Agent; Cash; Conventional; FHA; VA Loan
Showing Instructions:
See Agent Instructns
Documents
Lead Based Paint Disclosure ›
IDX
Listing Office:
Southland Realtors, Inc
Last Updated: July – 07 – 2026
Information is deemed to be reliable, but is not guaranteed. © 2026 East Tennessee Realtors® and FBS. Prepared by East Tennessee Realtors® on Tuesday, July 07, 2026 10:26 AM. The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.