New Construction - Primary on Main
Address
8117 Carolina Cherry Lane, Knoxville, TN
Price
$ 870,000
Property Attributes
  • ID#1339217
  • TypeSingle Family
  • Listing Status Active
  • CountyKnox
  • CityKnoxville
  • AreaKnox County
  • NeighborhoodThe Reserve @ Penrose Farm
  • Zip37919
  • StyleTraditional
  • Year Built2025
  • Taxes$ 155
  • Price$ 870,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3345
  • Lot Size0.21 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description

SPECIAL BUILDER FINANCING AVAILABLE AS LOW AS 5.875%*! Welcome to 8117 Carolina Cherry Lane, the only completed, move-in-ready new construction home currently available in The Reserve at Penrose Farm. With only four homesites remaining for future construction, this is a rare opportunity to move into a brand-new West Knoxville home without waiting through the building process. Offering 5 bedrooms, 5 baths and approximately 3,345 square feet, this thoughtfully designed home combines everyday functionality with elevated finishes. The light-filled main level features a privately situated owner's suite, dedicated home office and flexible additional space that can adapt as a playroom, study, music room or second office. The kitchen serves as the heart of the open living area with generous workspace, a large gathering island and walk-in pantry. Hardwood and tile flooring, tall ceilings and detailed finishes create a polished yet comfortable environment for daily living and entertaining. Upstairs, additional bedrooms provide privacy for family or guests, while a spacious bonus room and separate media room offer exceptional flexibility for movie nights, recreation, hobbies or another living area. Outside, the covered patio overlooks a level, usable backyard with irrigation and a newly planted landscape buffer designed to provide increasing privacy as it matures. The home's convenient 37919 location places shopping, dining, schools, parks and West Knoxville amenities just minutes away. If you have been waiting for a spacious new home with a main-level owner's suite, flexible living areas and immediate occupancy, this is your opportunity. Schedule your private showing and ask about the builder-sponsored financing program available through the preferred lender. *Builder-sponsored financing is available to qualified buyers through Rick Wilkinson with Mortgage Direct. Advertised 5.875% interest rate and 6.23% APR are based on a 30-year fixed-rate conventional loan as of 8/14/26. Buyer must qualify for financing and satisfy applicable credit, underwriting, loan-to-value and loan-program requirements. Terms, rates and availability are subject to change without notice. Builder contributions are subject to applicable loan-program limits and final lender approval. Contact the lender for complete terms, costs and eligibility requirements.

Elementary School Middle School High School
Rocky Hill Elementary School Bearden Middle School West High School
Price History
5/2/2026 Listed $870,000

General Features

Sewer Public Sewer
Heating Central,Natural Gas
Cooling Central Cooling
Appliances Tankless Water Heater,Gas Range,Dishwasher,Disposal,Microwave,Range,Self Cleaning Oven
HOA Fee 250
Garage Spaces 2
Association Fee Includes Other
Architectural Style Traditional
Construction Materials Fiber Cement,Brick
Year Built 2025
View Other
Property Subtype Single Family Residence
Assoc Fee Paid Per Yearly
County Knox County - 1
Property Type Single Family
Association Amenities Other
HOA true
Attached Garage true
Subdivision Name The Reserve @ Penrose Farm
Total Rooms 9
Full Baths 5
Status Active
Directions Kingston Pike or Northshore to Morrell, west on Nubbin Ridge to The Reserve at Penrose Farm past Wallace Rd on the left, L/ Penrose Farm Ln to L/ Carolina Cherry.
High School West
City Knoxville
MLS Area Knox County - 1
Lot Size Units Acres
Lot Size Square Feet 9147.6
Elementary School Rocky Hill
Property Attached Y/N false
Middle/Junior High School Bearden
MLS Area Minor Knox County - 1
Virtual Tour https://my.matterport.com/show/?m=szoG5QKJSEj&mls=1
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing VA Loan true
New Financing Coventional true
New Financing New Loan true

Interior Features

Interior Amenities Walk-In Closet(s),Kitchen Island,Pantry
Basement Slab
Flooring Hardwood,Tile
Total Fireplaces 1
Fireplace Features Insert,Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Insulated
Fireplace Y/N true
Total Bedrooms 5
Total Baths 5

Exterior Features

Exterior Amenities Irrigation System
Parking Features Garage Door Opener,Attached,Main Level
Lot Features Cul-De-Sac,Level
Water Source Public
Lot Size Area 0.21
Building Area Total 3345
Lot Dimensions 60.11 X 156.68 X IRR
Lot Size Acres 0.21
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37919

Price
AVG $1.06M
$870K
Taxes
AVG $4,128
$155
Year Built
AVG 1976
2025
Listed By
Weichert REALTORS Advantage Plus

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