12434 Palm Beach Way, Knoxville, TN 37922

New
$1,475,000
Property Type: Single Family Bedrooms: 4 Square Footage: 4,964 Lot Size (sq. ft.): 22,651 Status: Coming Soon - No Showings
Current Price: $1,475,000 List Date: 10/14/2025 Last Modified: 10/14/2025

Description

Welcome to an exceptional Farragut home located near the bustling restaurant and retail hub at Choto. Built in 2016, this residence offers nearly 5,000 sq ft of thoughtfully designed living space with the ideal blend of elegance and everyday comfort. Upon entering the home, soaring ceilings and the warm ambiance of a double sided stone fireplace greets you. At the heart of the home is an oversized kitchen with abundant cabinetry, a large island, and open flow into the living and dining areas—perfect for entertaining and family gatherings. The primary suite on the main level is a retreat, featuring his-and-hers closets and a spa-like bathroom with soaking tub and separate shower. Upstairs, you'll find additional bedrooms, bathrooms, and a spacious bonus room. Additionally the finished basement- redone in 2023- includes a kitchenette, flex room, full bath, and an oversized recreational space. It also offers extra storage closets and a 580 sq ft unfinished storage/utility room perfect for pool equipment, workout space, and more. Step outside to your private oasis—a 12-foot-deep heated saltwater pool with hot tub surrounded by Techo-Bloc pavers to keep you cool in the summer. A three-car garage adds convenience, and the neighborhood's community dock on the lake completes this stunning lifestyle package. This home offers space, style, and sophistication in one of Farragut's most desirable neighborhoods!

More Information MLS# 1318657

Contract Info

Auction Y/N: No Listing Price: 1475000 Current Price: $1,475,000 Status: Coming Soon - No Showings Listing Date: 2025-10-14

Location, Tax & Legal Info

Area: Knox County - 1 Property Sub-Type: Residential City/County Code: County Elementary School: Northshore Middle School: Farragut Total Tax: 3518.64 High School: Farragut

General Property Description

Type: 2 Story Basement # Bedrooms: 4 Acres: 0.52 Acre Source: Tax Records # of Rooms: 12 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 500 HOA Freq: Yearly HOA Contact: lakecovehomeowners@gmail.com Property Status: N/A SqFt - Main Lvl: 2097 SqFt - Down Lvl: 1516 SqFt - 2nd Flr Lvl: 1351 SqFt - 3rd Flr Lvl: 0 Total Unfinished SqFt: 581 # Fireplace: 1 HOA: Mandatory Basement: Yes Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 4964 Baths - Full: 4 Baths - 1/2: 1 Year Built: 2016

Remarks & Misc

Directions: Take Northshore to Choto Rd. Take a left on Palm Beach Way and the house is on your right. Public Remarks: Welcome to an exceptional Farragut home located near the bustling restaurant and retail hub at Choto. Built in 2016, this residence offers nearly 5,000 sq ft of thoughtfully designed living space with the ideal blend of elegance and everyday comfort. Upon entering the home, soaring ceilings and the warm ambiance of a double sided stone fireplace greets you. At the heart of the home is an oversized kitchen with abundant cabinetry, a large island, and open flow into the living and dining areas—perfect for entertaining and family gatherings. The primary suite on the main level is a retreat, featuring his-and-hers closets and a spa-like bathroom with soaking tub and separate shower. Upstairs, you'll find additional bedrooms, bathrooms, and a spacious bonus room. Additionally the finished basement- redone in 2023- includes a kitchenette, flex room, full bath, and an oversized recreational space. It also offers extra storage closets and a 580 sq ft unfinished storage/utility room perfect for pool equipment, workout space, and more. Step outside to your private oasis—a 12-foot-deep heated saltwater pool with hot tub surrounded by Techo-Bloc pavers to keep you cool in the summer. A three-car garage adds convenience, and the neighborhood's community dock on the lake completes this stunning lifestyle package. This home offers space, style, and sophistication in one of Farragut's most desirable neighborhoods!

Fencing

Aluminum: 1

Atchd/Dtchd Type

Attached: 1

Style

Contemporary: 1 Traditional: 1

Construction

Brick: 1

Siding

Stone: 1

Fireplace

Gas Log: 1 Stone: 1 Gas: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Carpet: 1 Hardwood: 1 Luxury Vinyl Plank: 1 Tile: 1

Garage/Parking

Garage Spaces: 3 Attached: 1 Garage Door Opener: 1

Basement

Finished: 1 Unfinished: 1 Walkout: 1

Lot Description

Lake/Water Access: 1

Fuel

Electric: 1 Gas (Natural): 1

View

Country Setting: 1 Wooded: 1

Heat

Central: 1

Community Amenities

Boat Ramp: 1 Lake/Water Access: 1

Dining Area

Eat-in Kitchen: 1 Formal Dining Area: 1

Appliances

Dishwasher: 1 Disposal: 1 Gas Cooktop: 1 Microwave: 1 Refrigerator: 1 Security Alarm: 1 Self Cleaning Oven: 1 Smoke Detector: 1 Tankless Water Heater: 1

Other Rooms

2nd Rec Room: 1 Basement Rec Room: 1 Bedroom Main Level: 1 Breakfast Room: 1 Den/Study: 1 Extra Storage: 1 Family Room: 1 Great Room: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1 Office: 1 Workshop: 1

Exterior Features

Deck: 1 Doors - Energy Star: 1 Irrigation System: 1 Pool - Swim (Ingrnd): 1 Porch - Covered: 1 Prof Landscaped: 1 Windows - Insulated: 1 Windows - Vinyl: 1

Misc Features

Cathedral Ceiling(s): 1 Hot Tub: 1 Internet Available: 1 Kitchen Island: 1 Pantry: 1 Trey Ceiling: 1 Walk-in Shower: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1 Wet Bar: 1 Wired for Internet: 1

Sewer

Public Sewer: 1

Water

Public: 1

Association Fee Incl

All Amenities: 1

New Financing

Cash: 1 Conventional: 1 Other: 1

Location Tax Legal Info

House #: 12434 Street Name: Palm Beach St Suffix: Way State/Province: TN Zip Code: 37922 PIN #: 162MD016 Subdivision: Lakecove S/D Unit 1 Geo Lat: 35.830771 Geo Lon: -84.161181

Status Change Info

Status Change Date: 2025-10-14

Property Features

Style: Contemporary; Traditional Construction: Brick Siding: Stone Basement: Finished; Unfinished; Walkout Lot Description: Lake/Water Access View: Country Setting; Wooded Fireplace: Gas Log; Stone; Gas Floors: Carpet; Hardwood; Luxury Vinyl Plank; Tile Fuel: Electric; Gas (Natural) Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Gas Cooktop; Microwave; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Tankless Water Heater Sewer: Public Sewer Water: Public Other Rooms: 2nd Rec Room; Basement Rec Room; Bedroom Main Level; Breakfast Room; Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Workshop Misc Features: Cathedral Ceiling(s); Hot Tub; Internet Available; Kitchen Island; Pantry; Trey Ceiling; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wet Bar; Wired for Internet Exterior Features: Deck; Doors - Energy Star; Irrigation System; Pool - Swim (Ingrnd); Porch - Covered; Prof Landscaped; Windows - Insulated; Windows - Vinyl Fencing: Aluminum Dining Area: Eat-in Kitchen; Formal Dining Area Community Amenities: Boat Ramp; Lake/Water Access Association Fee Incl: All Amenities New Financing: Cash; Conventional; Other
Listing Office: Keller Williams Signature
Office Phone: 865-588-9300
Last Updated: October - 14 - 2025
12434 Palm Beach Way, Knoxville, TN 37922- MLS# 1318657
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