315 Tobby Hollow Lane, Knoxville, TN 37931

$249,000

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Sold Price
$249,000
List Price
$264,500
Closing Date
Mar 23, 2026
MLS#
1315802
Status
CLOSED
Type
Land
City
Knoxville
County
Anderson
Lot Size
308,404

Property Description

Welcome to over 7 unrestricted acres nestled between Knoxville and Oak Ridge, where beautiful mountain and lake views create the private and peaceful setting you've been searching for. Just across the road, a quiet walk leads you to the shores of Melton Hill Lake—perfect for casting a line, launching a kayak, or just enjoying the waters edge. The property offers multiple building sites with rolling terrain, mature trees, and open spaces. Whether you dream of gardens, a mini-farm, or just a private retreat to unwind, this property provides a natural canvas for it all. Wildlife, changing seasons, and the beauty of East Tennessee surround you in each direction. For builders and developers: Preliminary evaluations have been completed regarding zoning and feasibility for a four-home layout, but could be expanded with additional planning and design work. The acreage and lack of restrictions present a great opportunity for multiple homes or a small-scale residential development. With favorable soil tests, sub-dividable land and easy utility access, contractors can take advantage of strong demand in the Hardin Valley/Oak Ridge corridor for new construction or investment properties. Ideally located, you'll have easy access to Hardin Valley, Karns, and Oak Ridge while still enjoying your privacy. Whether a personal home, family compound or investment, this piece of property offers it all. Buyer to verify all information.

Additional Information

Acres
7.08
Lot Description
Irregular Lot, Private, Rolling Slope, Rolling
Lot Dimensions
Irregular
View
Country Setting, Lake, Mountain View, Seasonal
Zoning
Zoned Residential

Mortgage Calculator

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Calculator source: Real Geeks

Agent: Kyle Grigsby |

Office: Realty Executives Associates |

Selling Office: .