$506,000
$13K PRICE DROP

Estimated payment $3,113/month

Total Views 10,134
5 Beds
3.5 Baths
2,618 Sq Ft
$193 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Home Office
  • Breakfast Room
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

106 Gigi Lane is a nearly new, beautifully maintained two-story home nestled in a quiet cul-de-sac in one of Oak Ridge's most desirable subdivisions. This spacious 5-bedroom, 3.5-bath home offers the perfect blend of comfort, style, and functionality. The open-concept kitchen features sleek stainless steel appliances, a gas stovetop, and a large island, making it ideal for both everyday living and entertaining. Cozy up by the fireplace in the inviting living room, or enjoy the flexibility of a bonus space perfect for an office, library, music room, or playroom—tailored to suit your lifestyle.

Upstairs, you'll find generously sized bedrooms, featuring a SECOND MASTER including a serene ensuite with a spa-like bath. With ample storage, modern finishes, and thoughtful details throughout, this home is move-in ready and waiting for its new owner to make it their own. Don't miss the opportunity to live in a sought-after neighborhood, close to schools, parks, and everything Oak Ridge has to offer!

Listing Agent

Steven Hensley

VFL Real Estate, Realty Executives License #345084 Listed on: 05/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,921

Year Built

  • Built in 2023

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Irregular Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,618 Sq Ft Home
  • Gas Log Fireplace
  • Insulated Windows
  • Breakfast Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Property Available on 5/15/25
  • Assessor Parcel Number 106G A 002.80

Community Details

Overview

  • Association fees include grounds maintenance
  • Summit Place Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,921

Year Built

Built in 2023

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Directions: Merge onto I-140 W toward Oak Ridge Continue onto Pellissippi Pkwy Continue onto TN-162 N/Pellissippi Pkwy Merge onto TN-62 W Take the Centrifuge Way exit Turn right onto Centrifuge Way Continue straight onto Summit Pl Turn left onto Smt Rdg Ln Turn left onto Gigi Ln Destination is on the left
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2023
  • Lot Size Acres: 0.21
  • Lot Size: 50.64 X 120 IRR
  • Subdivision Name: Summit Place
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 9148.0
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1376.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1242.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Siding:Brick2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Dining Area:Breakfast Room2: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Appliances Gas Cooktop: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Tankless Water Heater, Gas Range, Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Basement YN: No
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Vinyl
  • Interior Amenities: Walk-In Closet(s), Kitchen Island, Pantry, Eat-in Kitchen
  • Window Features: Windows - Insulated
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Basement:Slab: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Other Rooms:Office: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • View: Other
  • Lot Features: Other, Cul-De-Sac, Irregular Lot
  • Construction Type: Vinyl Siding, Brick, Frame
  • Patio And Porch Features: Porch - Covered, Patio
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 350.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Extra Storage4: Yes
  • Association Fee Incl:Grounds Maintenance: Yes

Fee Information

  • Association Fee Includes: Grounds Maintenance

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 106G A 002.80

Rental Info

  • Available Date: 2025-05-15

Tax Info

  • Tax Annual Amount: 3920.61

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $82,200 $15,125 $67,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $506,000 -0.2% $193 / Sq Ft
08/19/2025 08/19/25 Price Changed $507,000 -0.2% $194 / Sq Ft
08/15/2025 08/15/25 Price Changed $508,000 -0.2% $194 / Sq Ft
08/12/2025 08/12/25 Price Changed $509,000 -0.2% $194 / Sq Ft
08/08/2025 08/08/25 Price Changed $510,000 -0.2% $195 / Sq Ft
08/05/2025 08/05/25 Price Changed $511,000 -0.2% $195 / Sq Ft
08/01/2025 08/01/25 Price Changed $512,000 -0.2% $196 / Sq Ft
07/26/2025 07/26/25 Price Changed $513,000 -0.2% $196 / Sq Ft
07/14/2025 07/14/25 Price Changed $514,000 -0.2% $196 / Sq Ft
06/27/2025 06/27/25 Price Changed $515,000 -0.8% $197 / Sq Ft
05/15/2025 05/15/25 For Sale $519,000 +19.9% $198 / Sq Ft
02/26/2024 02/26/24 Sold $432,835 0.0% $165 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $432,835 -1.1% $165 / Sq Ft
08/18/2023 08/18/23 For Sale $437,835 -- $167 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $432,835 None Listed On Document
Warranty Deed $432,835 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $346,268 New Conventional
Closed $346,268 New Conventional
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1300813

East Tennessee REALTORS® MLS

APN: 106G-A-002.80