$399,000
- 3 Beds
- 2.5 Baths
- 2,288 Sq Ft
501 Cimarron Cir, Loudon, TN 37774
LAURIE DOMENICO Re/Max Real Estate Ten West
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Lenoir City, Tennessee, located about 29 miles west of Knoxville, is known as "The Lake Capital of the South" due to its proximity to Tellico Lake, Fort Loudon Lake, and Watts Bar Lake. The city offers scenic waterfront views with the Great Smoky Mountains in the distance, approximately 60 miles southeast. Downtown Lenoir City, centered around U.S. Route 11, is experiencing growth with a variety of independent businesses, including boutiques, bookstores, and venues like East Tennessee Axe Throwing. The area also hosts the Lenoir City Farmers Market, offering locally sourced produce from May through October. Housing in Lenoir City features a mix of early 20th-century Victorian homes and contemporary New Traditional homes, with ongoing infill development. Lenoir City Park is a hub for outdoor activities, providing access to boating and fishing, along with amenities like tennis courts and playgrounds. The city hosts several annual events, such as the Downtown Street Festival and the Arts and Crafts Festival, which celebrated its 60th year in 2023. While the Lenoir City School District receives moderate ratings, it offers programs like Work-Based Learning for high school students. The city is accessible via U.S. Routes 11 and 321, connecting to Interstates 75 and 40, with McGhee Tyson Airport about 20 miles away. Residents are advised to consider flood insurance due to the area's susceptibility to flooding, and crime rates have fluctuated around the national average.
On average, homes in Lenoir City, TN sell after 43 days on the market compared to the national average of 70 days. The median sale price for homes in Lenoir City, TN over the last 12 months is $502,500, up 32% from the median home sale price over the previous 12 months.