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Land with Home for Sale in Knoxville, Tennessee

5302 Gray Rd, Knoxville, TN 37938

$1,395,000
16.5 acres
Active
ago
Est $6,974/mo

Unique investment opportunity featuring three separate homes on one 16.5-acre parcel with excellent income and value-add potential. The main residence provides 3 bedrooms, 2 bathrooms, and a full basement, while the second home includes 2 bedrooms, 1 bathroom, a full basement, and a garage, and the third home features 2 bedrooms, 1 bathroom with a double-car garage--great for multi-generational living or multiple rental streams. The expansive acreage provides privacy, flexibility, and possible future development potential (buyer to verify). Conveniently located near shopping, dining, schools, healthcare, parks, and major road access, this property is well-suited for investors or owner-occupants seeking long-term upside and strong rental potential.

1,600
Sq feet
3
Beds
2
Full baths
1988
Built

Location

Street address
5302 Gray Rd
Community
Greenbelt App A-2358
Elevation
1,186 feet
Coordinates
36.114, -83.9148

Directions

Drive northeast on Maynardville Pike/SR 33. Left to Gray Road. Property is on the left.

Property details

Acreage
16.5 acres
MLS #
REALTRACS 3066450
Posted

Property taxes

Recent
$1,669

Parcels

  • 019 21301

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Financing
Conventional, FHA, VA
Possession
Negotiable

Exterior

Parking Spaces
1
Parking
Detached
Structures
Storage

Structure

Stories
2
Basement
Full
Water
Public
Sewer
Public Sewer
Foundation
Block

Interior

Appliances
Dryer
Features
Ceiling Fan(s)

Property utilities

CategoryTypeStatusDescription
SewageSewerConnected
WaterPublicAvailable

Nearby schools

NameLevelDistrictDescription
Halls ElementaryElementary
Halls Middle SchoolMiddle
Halls High SchoolHigh

Listing history

DateEventPriceChangeSource
Dec 18, 2025New listing$1,395,000REALTRACS
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This 16.5-acre property is located at 5302 Gray Rd in Knoxville, TN 37938. The property is available for sale for $1,395,000. It has a 1,600 sq ft 3 bedroom, 2 bath house built in 1988.

Checked 7 hours ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Dec 18, 2025 8:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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