NOT LISTED FOR SALE

Estimated Value: $8,586,543

8 Beds
16 Baths
36,720 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $6,500,000 $177 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $47,056/month

235 Days on Market

Highlights

  • Lake Front
  • Guest House
  • 8.2 Acre Lot
  • Bearden Elementary School Rated A-
  • In Ground Pool
  • Landscaped Professionally

About This Home

As of October 2021

As the wrought-iron gates swing wide from the private entrance, you will find one of the South's finest and most prestigious estates: The Villa Collina. Nestled into 8.2 acres of meticulously manicured landscaping in the historic Lyons View neighborhood, the property features unparalleled views of the Tennessee River and Great Smoky Mountains, while only being a few minutes from Downtown Knoxville and the University of Tennessee. Across more than 36,000 sq.ft., the estate features 50 incredible rooms with imported and hand-crafted finishes, including 11 full- and 5 half-bathrooms with gilded fixtures and Italian marble accent pieces. A unique 2,600 sq.ft. wine cellar features a grotto rivaling the best of Tuscany's ancient villas, with artfully curated tasting rooms and storage for thousands of bottles within its twisting brick corridors. A luxurious home spa is the ultimate spot for rest and relaxation, with a heated indoor pool, hot tub, sauna and exercise room. A commercial elevator connects every floor. This incredible home features a secluded guest suite, staff quarters, six-car standard garage and separate single-bay garage for a limousine. A state of the art security system provides peace of mind, allowing homeowners to monitor the estate remotely.

Last Agent to Sell the Property

Debbie Elliott-Sexton

Alliance Sotheby's International License #273664 Listed on: 10/21/2020

Alliance Sotheby's International

Co-Listed By

Blake Pruitt

Alliance Sotheby's International Realty License #327091

Last Buyer's Agent

Sharon Bailey

Realty Executives Associates License #010863

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,308

Year Built

  • Built in 2000

Lot Details

  • 8.2 Acre Lot
  • Lake Front
  • Privacy Fence
  • Landscaped Professionally

Parking

  • 5 Car Garage
  • Basement Garage
  • Parking Available
  • Common or Shared Parking
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Brick Exterior Construction
  • Synthetic Stucco Exterior
  • Masonry

Interior Spaces

  • 36,720 Sq Ft Home
  • Elevator
  • Wet Bar
  • Living Quarters
  • Central Vacuum
  • Wired For Data
  • Dry Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • 11 Fireplaces
  • Gas Log Fireplace
  • Drapes & Rods
  • Great Room
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Workshop
  • Storage Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Access To Lake
  • Balcony
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Power Generator
  • Internet Available
  • Cable TV Available

Additional Features

  • Standby Generator
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 10/26/20
  • Assessor Parcel Number 121GJ006

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,308

Year Built

Built in 2000

Lot Details

0

Parking

5

Listing Details

  • Directions: Northshore Dr. to right on Lyons View Pike Gate is always closed
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2000
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 8.2
  • Lot Size: 8.2 acres
  • Co List Office Mls Id: 1408
  • Co List Office Phone: 865-357-3232
  • Architectural Style: Other
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 12287.0
  • General Property Description:SqFt - Down Lvl: 14930.0
  • General Property Description:SqFt - 2nd Flr Lvl: 9503.0
  • General Property Description:_pound_ Fireplace: 11.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: 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
  • Appliances Dryer: Yes
  • Washers: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • Dining Area:Breakfast Room2: Yes
  • Misc Features:Trey Ceiling: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Outbuildings:Detached Workshop: Yes
  • Outbuildings:Guest House: Yes
  • Misc Features:Hot Tub: Yes
  • Misc Features:Wet Bar: Yes
  • Misc Features:Elevator2: Yes
  • Cooling:Attic Fan: Yes
  • Misc Features:Dry Bar: Yes
  • Floors:Marble: Yes
  • Siding:Synthetic Stucco: Yes
  • Floors:Brick4: Yes
  • Special Features: None

Interior Features

  • Appliances: Backup Generator, Central Vacuum, Dishwasher, Disposal, Dryer, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 11
  • Half Bathrooms: 5
  • Total Bedrooms: 8
  • Fireplace Features: Gas Log
  • Fireplaces: 11
  • Flooring: Marble, Carpet, Hardwood, Brick, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Addl Living Quarter: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Workshop: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Appliances:Central Vacuum: Yes
  • Appliances:Backup Generator: Yes
  • Other Rooms:_two_nd Rec Room: Yes

Exterior Features

  • Exterior Features: Fence - Privacy, Patio, Pool - Swim (Ingrnd), Porch - Covered, Prof Landscaped, Cable Available (TV Only), Balcony
  • View: Mountain View, Lake
  • Lot Features: Waterfront Access, Lakefront, Lake Access
  • Construction Type: Synthetic Stucco, Brick
  • Other Structures: Workshop, Guest House
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Construction:Masonry: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Fence - Privacy: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes

Garage/Parking

  • GarageParkingGarageSpaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Garage Door Opener, Attached, Basement, Detached, Side/Rear Entry, Main Level, Common
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Basement4: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:Detached2: Yes
  • GarageParking:Common: Yes

Utilities

  • Cooling: Attic Fan, Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 357192.0
  • Parcel #: 121GJ006
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2020-10-26

Tax Info

  • Tax Annual Amount: 68307.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Oct 21, 2021
Sold by
Resolution Systems Llc
Bought by
Lview Properties Llc
Seller's Agent
Debbie Elliott-Sexton
Alliance Sotheby's International
Buyer's Agent
Sharon Bailey
Realty Executives Associates
Sold Price
$6,500,000
Current Estimated Value
$8,586,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,086,543
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Oct 7, 2020
Sold by
Villa Collina Llc
Bought by
Resolution Systems Llc

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 23, 2016
Sold by
Boruff Scott Michael and Boruff Julie
Bought by
Villa Collina Llc
Seller's Agent
Debbie Elliott-Sexton
Alliance Sotheby's International
Buyer's Agent
Frances Vantrease
RE/MAX Properties
Sold Price
$6,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$573,750
Interest Rate
3.47%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 10, 2015
Sold by
Boruff Scott Michael
Bought by
Boruff Scott Michael and Boruff Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,252,839
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2011
Sold by
Conley Michael and Conley Deane W
Bought by
Boruff Scott Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500,000
Interest Rate
4.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lview Properties Llc $6,500,000 Tennessee Valley Ttl Ins Co
Resolution Systems Llc -- Tennessee Valley Ttl Ins Co
Resolution Systems Llc $10,500,000 Tennessee Valley Ttl Ins Co
Villa Collina Llc $6,375,000 Tennessee Valley Title Insur
Boruff Scott Michael -- Attorney
Boruff Scott Michael $8,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villa Collina Llc $6,400,000
Previous Owner Villa Collina Llc $573,750
Previous Owner Boruff Scott Michael $1,252,839
Previous Owner Boruff Scott Michael $5,000,000
Previous Owner Boruff Scott Michael $5,000,000
Previous Owner Boruff Scott Michael $8,500,000
Previous Owner Conley Deane W $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $6,500,000 +2.0% $177 / Sq Ft
11/23/2016 11/23/16 Sold $6,375,000 -- $174 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

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 $15,691 $727,900 $0 $0
2023 $27,003 $727,900 $0 $0
2022 $51,126 $1,580,325 $0 $0
2021 $127,084 $2,772,450 $0 $0
2020 $127,084 $2,772,450 $0 $0
2019 $127,084 $2,772,450 $0 $0
2018 $91,440 $1,994,850 $0 $0
2017 $91,440 $1,994,850 $0 $0
2016 $92,203 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1133503

East Tennessee REALTORS® MLS

APN: 121GJ-006