2751 Bailey Farm Drive, Knoxville, TN 37931

$231,550

Property Type: Single Family Bedrooms: 3 Square Footage: 1,260 Lot Size (sq. ft.): 87,120 Status: Closed

Current Price: $231,550 List Date: 6/02/2025 Last Modified: 7/14/2025

Overview

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 ... (Read more) 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

Listing Details MLS# 1303145

Location Tax Legal Info

House #: 2751
Street Name: Bailey Farm
St Suffix: Drive
State/Province: TN
Zip Code: 37931
PIN #: 104 048
Subdivision: Claude G Bailey Farm

Contract Info

Auction Y/N: Yes

General Property Description

Type: Ranch
Acres: 2
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 1260
SqFt - Main Lvl: 1260
# Bedrooms: 3
Baths - Full: 2
# of Rooms: 5
Fireplace: No
Property Status: N/A
HOA: No
Year Built: 1935
Bonus Room: No

Status Change Info

Status Change Date: 2025-07-14
Under Contract Date: 2025-06-20
Sold Date: 2025-07-10

Auction

Bidder Must Qualify: Yes
Buyers Premium: Yes
Buyers Premium %: 10
Remote Bidding: Yes
Real Estate Only: Yes
RE & Personal Prop: No
Auction Date: 2025-06-17
Auction Location: Online Bidding Only
Auction Time: 12:00PM - Noon (ET)
Open for Inspection Date: 2025-06-12

More Information

Property Features

Style: Traditional Construction: Frame Siding: Brick; Vinyl Basement: Crawl Space Lot Description: Irregular Lot; Rolling Slope Fireplace: None Floors: Other Fuel: Electric Heat: Heat Pump Cooling: Central Cooling Appliances: None Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Washer/Dryer Connect Exterior Features: Porch - Covered Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash

IDX

Listing Office: Powell Auction & Realty,LLC

Last Updated: July - 14 - 2025

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 daily, 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.

2751 Bailey Farm Drive, Knoxville, TN 37931 (MLS# 1303145)