7514 Rivertrace Blvd Knoxville, TN 37920
Estimated payment $9,618/month
Total Views
80,454
3
Beds
5.5
Baths
5,112
Sq Ft
$342
Price per Sq Ft
Highlights
- Hot Property
- Guest House
- Landscaped Professionally
- Lake Front
- Craftsman Architecture
- Stream or River on Lot
About This Home
You asked for it--here it is! Spectacular Fort Loudon Lakefront Estate - Luxury Living with Instant Equity in Knoxville, TN. Welcome to this breathtaking 5,112 sq ft lakefront masterpiece perfectly situated along 173 feet of prime shoreline on Fort Loudon Lake with a 600 sq ft covered dock with boat lift and electrical service and an additional 10' x 45' lakeside deck for entertaining. All this and offering multigenerational living options with a second living space in the finished walk out basement and an additional living quarters in the guest house/apartment. Septic rated for 3 bedrooms but you'll find 3 additional 'flex' rooms AND if you prefer you may connect to city sewer system. With over $480,000 in renovations in the past 18 months and a recent appraised value of $1.974M, this exceptional home is being offered well below appraisal, providing instant equity to the discerning buyer. If location is important, this one can't be beat. Downtown Knoxville is a quick commute and the airport is easily accessible or take the boat on the water to cruise and enjoy all this gorgeous area has to offer! MAIN LEVEL - LUXURY & LIGHT • Floor-to-ceiling stone fireplace anchors a grand living room with gorgeous hardwood flooring and oversized windows showcasing year-round panoramic lake views. • New kitchen features soft-close cabinetry, tile flooring, a massive quartz island, and brand-new appliances. • Primary main level suite includes a private office, spa-quality curbless tile shower with 8 body jets + foot wash, and a large walk-in closet. • A second bedroom on the main offers its own full en-suite bath ensuring comfort and privacy • Finishing out the main level is a convenient half bath and a very impressive full laundry room. LOWER LEVEL - PRIVATE SUITE & SECOND LIVING QUARTERS • Fully finished walk-out basement includes: • A second master suite with a private bath, walk-in closet, and French doors opening directly to the lake. • An additional bedroom and full bath, creating a fully self-contained living space. • Expansive open-concept living area with stone fireplace and two large glass doors facing the water. • A sleek new kitchen with granite island, new appliances, walk-in pantry, and a second laundry room. And if that's not enough space this gorgeous home offers a GUEST HOUSE - PRIVATE & SELF-SUFFICIENT • Above the garage sits a private guest suite/in-law suite or the perfect college apartment featuring: • Two bedrooms, a full bathroom, a new kitchen with pantry and appliances, and a cozy commons area. • A screened breezeway connects the guest house to the main home, offering covered outdoor entertainment space with stunning lake views. OUTDOOR PARADISE & FUNCTIONAL FEATURES • 600 sq ft covered dock with boat lift, electrical service, water spigot and an additional 10' x 45' lakeside deck for entertaining. You'll enjoy time on the covered decks all while taking in gorgeous water views! Parking for up to 10 vehicles, a 2-car garage, and a detached shed with skylight. • RECENT MAJOR UPGRADES • New roof, siding, gutters, HVAC units, and keyless entry on all exterior doors. • All bathrooms feature brand new vanities, showers, toilets, and modern fixtures. • Septic recently inspected, pumped and risers installed. NOTE: While most of the home has been extensively renovated, a few minor finishing touches remain, offering a unique chance for the next owner to personalize the final details of this remarkable property. This is more than a home - it's a lakefront lifestyle with room for multigenerational living and equity from day one. A property with this much to offer, located on the water, and at this price point is truly a rare find. If you're seeking quality, space, and serenity with immediate value, schedule your private showing today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,942
Year Built
- Built in 1978
Lot Details
- 1.23 Acre Lot
- Lake Front
- Landscaped Professionally
- Lot Has A Rolling Slope
- Rain Sensor Irrigation System
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Garage
- Basement Garage
Home Design
- Craftsman Architecture
- Block Foundation
- Frame Construction
- Wood Siding
- Vinyl Siding
- Stucco Exterior
Interior Spaces
- 5,112 Sq Ft Home
- Cathedral Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Bonus Room
- Screened Porch
- Storage
- Finished Basement
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Stream or River on Lot
- Balcony
- Outdoor Storage
Additional Homes
- Guest House
Utilities
- Cooling Available
- Central Heating
- Septic Tank
Community Details
- Rivertrace Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 0030A023.00
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2025 10/10/25 | Price Changed | $1,749,000 | -2.8% | $342 / Sq Ft | |
| 07/13/2025 07/13/25 | For Sale | $1,799,000 | +168.5% | $352 / Sq Ft | |
| 06/30/2020 06/30/20 | Sold | $670,000 | -9.8% | $174 / Sq Ft | View Prior Sale |
| 06/01/2020 06/01/20 | Pending | -- | -- | -- | |
| 02/03/2020 02/03/20 | For Sale | $742,900 | +33.3% | $193 / Sq Ft | |
| 06/13/2016 06/13/16 | Sold | $557,500 | -7.1% | $138 / Sq Ft | View Prior Sale |
| 04/10/2016 04/10/16 | Pending | -- | -- | -- | |
| 01/14/2016 01/14/16 | For Sale | $599,900 | -- | $148 / Sq Ft |
Source: East Tennessee REALTORS® MLS
About the Listing Agent
Relationships matter. Results matter. With years of experience in sales, always exceeding her clients’ needs, Ann Drake understands that relationships produce results. Ann finds homes for buyers by using her passion for unparalleled excellent customer service and extensive networking. For sellers, Ann aggressively markets on multiple platforms, reaching East Tennessee and beyond. Ann is always accessible for buyers or sellers of residential, land, and commercial real estate throughout the East
Ann's Other Listings
Source: East Tennessee REALTORS® MLS
MLS Number: 1308283
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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