KNOXVILLE, Tenn — Open house tours have officially begun for people hoping to one day own the historic Eugenia Williams House.

The 10,800-square-foot house off Lyons View Pike in West Knoxville was built in 1940 for Coca-Cola fortune heiress, Eugenia Williams.

When she died in February 1998, Williams left the 24-acre property on the Tennessee River to the University of Tennessee with the condition that it would be used to benefit the school and would honor her father.

RELATED: Abandoned Places: Eugenia Williams House

Decades of disputes and unfulfilled plans left the house empty and exposed to the elements. 

RELATED: UT seeks solution for Eugenia Williams House

In April 2019, the university decided to seek approval to sell the property with promises of using the funds from the sale for student scholarships, satisfying the condition of her will.

April 2019: UT wants to sell the Eugenia Williams House

The sale was officially approved in late July. 

June 2019: UT Board of Trustees approves sale of Eugenia Williams House

July 2019: Sale, possible demolition of long-empty Eugenia Williams mansion approved

UT, working with the State of Tennessee Real Estate Asset Management (STREAM) office, started requesting sealed bids for the purchase of the property.

August 2019: UT requesting bids for Eugenia Williams House property, open houses scheduled for September

The first open house was held on Sept. 5. 

There will be one other tour offered on Sept. 12 from 10 a.m. to 2 p.m., and interested buyers must schedule an appointment by calling the STREAM office at (844) 660-8100. 

The state will accept sealed bids until 2:30 p.m. EST on Sept. 26. 

For more information about the open house tours or the property, visit the UT Transparency site.