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$1,395,000 - 5302 Gray Rd, Knoxville

3
Bedrooms
2
Baths
1,600
SQ. Feet
16.5
Acres

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.

Essential Information

  • MLS® #:
    3066450
  • Price:
    $1,395,000
  • Bedrooms:
    3
  • Bathrooms:
    2.00
  • Full Baths:
    2
  • Square Footage:
    1,600
  • Acres:
    16.50
  • Year Built:
    1988
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    5302 Gray Rd
  • Subdivision:
    Greenbelt App A-2358
  • City:
    Knoxville
  • County:
    Knox County, TN
  • State:
    TN
  • Zip Code:
    37938

Amenities

  • Utilities:
    Water Available
  • Parking Spaces:
    1
  • # of Garages:
    1
  • Garages:
    Detached

Interior

  • Interior Features:
    Ceiling Fan(s)
  • Appliances:
    Dryer
  • Heating:
    Other
  • Cooling:
    Other
  • # of Stories:
    2

Exterior

  • Construction:
    Other

School Information

  • Elementary:
    Halls Elementary
  • Middle:
    Halls Middle School
  • High:
    Halls High School

Additional Information

  • Date Listed:
    December 18th, 2025
  • Days on Market:
    9

Listing Details

  • Listing Office:
    Beycome Brokerage Realty, Llc

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on December 27th, 2025 at 4:09pm CST.