Why Live in Cumberland Estates
Cumberland Estates in Knoxville is attracting young homeowners who are revitalizing the area with renovations. This centrally located neighborhood is known for its proximity to parks, including Cumberland Estates Park and Recreation Center and Victor Ashe Park, less than 1 mile away. The neighborhood features midcentury modern and traditional ranch-style homes from the 1950s and 1960s, making it appealing for first-time buyers. Cumberland Estates is part of Knox County Schools, with Pleasant Ridge Elementary, Northwest Middle, and Karns High School, which offers career-themed programs. The neighborhood offers numerous things to do, such as walking trails, a recreation center with various amenities, and nearby Victor Ashe Park with disc golf and Knoxville’s first off-leash dog park. Residents can enjoy local dining options like La Fiesta Mexican or explore downtown Knoxville, about 7 miles away, for a vibrant restaurant scene and cultural events. Shopping is convenient with a Walmart Neighborhood Market across Western Avenue and other major retailers within 3 miles. While the area is car-dependent, Western Avenue provides easy access to shops and restaurants without significant road noise. McGhee Tyson Airport is approximately 17 miles away, and the nearest emergency room is at North Knoxville Medical Center, 7 miles away. The neighborhood is part of the Third Creek Watershed, with efforts to reduce sediment and bacterial contamination through community education and initiatives.
Frequently Asked Questions
Is Cumberland Estates a good place to live?
Cumberland Estates is a good place to live. Cumberland Estates is considered car-dependent and somewhat bikeable with minimal transit options. Cumberland Estates is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Cumberland Estates has 6 parks for recreational activities. It is fairly sparse in population with 3.6 people per acre and a median age of 39. The average household income is $73,944 which is below the national average. College graduates make up 34.1% of residents. A majority of residents in Cumberland Estates are home owners, with 30.2% of residents renting and 69.8% of residents owning their home. A
local real estate agent serving Cumberland Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Cumberland Estates neighborhood guide.
Is Cumberland Estates, TN a safe neighborhood?
Cumberland Estates, TN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Cumberland Estates?
The median home price in Cumberland Estates is $435,000. If you put a 20% down payment of $87,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,250 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Cumberland Estates. The average household income in Cumberland Estates is $74K.
What are the best public schools in Cumberland Estates?
The best public schools that serve Cumberland Estates are:
What are the best private schools in Cumberland Estates?
The best private schools that serve Cumberland Estates are:
What are the most popular zip codes in Cumberland Estates, Knoxville, TN?
What are the most popular neighborhoods near Cumberland Estates, Knoxville, TN?
Home Trends in Cumberland Estates, TN
On average, homes in Cumberland Estates, Knoxville sell after 157 days on the market compared to the national average of 70 days. The median sale price for homes in Cumberland Estates, Knoxville over the last 12 months is $449,500.
Median Sale Price
$449,500
Median Single Family Sale Price
$435,000
Average Price Per Sq Ft
$204
Number of Homes for Sale
2
Last 12 months Home Sales
1
Median List Price
$435,000
Median Change From 1st List Price
2%