12434 Palm Beach Way, Knoxville, TN 37922 (MLS# 1318657)

12434 Palm Beach Way, Knoxville, TN 37922

$1,460,000

Property Type: Single Family Bedrooms: 4 Square Footage: 4,964 Lot Size (sq. ft.): 22,651 Status: Closed

Current Price: $1,460,000 List Date: 10/16/2025 Last Modified: 11/19/2025

Overview

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!

Listing Details MLS# 1318657

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

Contract Info

Auction Y/N: No
Listing Price: 1475000

General Property Description

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

Status Change Info

Status Change Date: 2025-11-18
Under Contract Date: 2025-10-20
Sold Date: 2025-11-18

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

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!

More Information

Fencing

Aluminum: Yes

Atchd/Dtchd Type

Attached: Yes

Style

Contemporary: Yes
Traditional: Yes

Construction

Brick: Yes

Siding

Stone: Yes

Fireplace

Gas Log: Yes
Stone: Yes
Gas: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Carpet: Yes
Hardwood: Yes
Luxury Vinyl Plank: Yes
Tile: Yes

Garage/Parking

Garage Spaces: 3
Attached: Yes
Garage Door Opener: Yes

Basement

Finished: Yes
Unfinished: Yes
Walkout: Yes

Lot Description

Lake/Water Access: Yes

Fuel

Electric: Yes
Gas (Natural): Yes

View

Country Setting: Yes
Wooded: Yes

Heat

Central: Yes

Community Amenities

Boat Ramp: Yes
Lake/Water Access: Yes

Dining Area

Eat-in Kitchen: Yes
Formal Dining Area: Yes

Appliances

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

Other Rooms

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

Exterior Features

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

Misc Features

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

Sewer

Public Sewer: Yes

Water

Public: Yes

Association Fee Incl

All Amenities: Yes

New Financing

Cash: Yes
Conventional: Yes
Other: Yes

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

IDX

Office Phone: 865-588-9300

Last Updated: November - 19 - 2025

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.