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Daniel Parker - Listings

BJ Can Help You Purchase This Home

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

8150 Pelleaux Rd, Knoxville, 37938

Priced At: $3,200,000

Property Details for ID: 1346602



SqFt: 1,350
Price SqFt: $2,370
Total Bedrooms: 2
Full Baths: 1 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2026-07-01T17:21:02Z

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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Basement Ranch
Site Built: Yes
Year Built: 1963
Total Rooms: 6
SqFt (Total): 1,350
SqFt (Main Lvl): 1,350
Full Baths: 1
1/2 Baths: 1
Fireplace: No
Bonus Room: No
Basement: Yes
Basement Type: Slab, Unfinished, Walkout

  Exterior Features

Features: Cable Available (TV Only), Porch - Covered
Construction: Brick, Frame
Siding: Brick

  Appliances

None

  Room Dimensions

  Interior Features

Dining Area: Eat-in Kitchen, KitchenDining Rm Co
Floors: Hardwood, Other
Other Rooms: Bedroom Main Level, Mstr Bdrm Main Level
Misc Features: WasherDryer Connect

  Property Details

Acreages: 40.46
Lot Description: Corner Lot, Irregular Lot, Level, Pond, Private, Rolling Slope
View: Country Setting, Mountain View, Wooded

Utilities

Fuel Types: Electric

Financing

Finance Options: Call Listing Agent, Cash, Conventional, FHA, VA Loan

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): None
Heat Type(s): None

Garage / Parking

Garage Spaces, Attached, Basement, Off-Street Parking, RV Parking

  Community Features

Outbuildings

Barn, Storage Shed
Presented By: / Southland Realtors, Inc

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

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 *



Your commute

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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.

Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

On-Time Guarantee

From showings to closing; I know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Marketing Expertise

My marketing expertise will help to make sure that the pictures, public description and website distribution channels will draw potential buyers to your home.

Relocation Assistance

I can give you referrals to trusted loan officers, insurance agents, home inspectors, heat & air specialists, title companies and all service providers dealing with all things home.

Professional

I Believe that everyone should be treated with the upmost of respect and professionalism combined with the highest level of service.



Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.