3168 W Gallaher Ferry Rd, Knoxville, TN 37932
$1,975,000

Property Type:
Single Family
Bedrooms:
5
Square Footage:
5,750
Lot Size (sq. ft.):
460,865
Status:
Closed
Current Price:
$1,975,000
List Date:
8/21/2023
Last Modified:
8/24/2025
Description
Priced below recent appraisal and owner is still offering financing as low as 4.8%. This Private, Gated, Architect-Designed Multigenerational Country Lakefront Estate is offered below comparables as the remodeling continues. The price will increase as the major projects are completed such as windows, doors and a new master suite on the main level. A list of improvements since acquisition includes: 2000ft of concrete driveway with large turn-arounds at the road, the workshop, and at the lakeside, a full-function communicating front gate, septic upgrade from 3-bedroom home to 6-bedroom home, 900-sqft woodworking shop with its own septic, which can be used as a anything from a recreation building to a stunning space to store and display collections, full-gut remodel of the 1100-sqft Master Retreat was completed in 2023. It includes 360-degree windows for fresh air, heated natural stone marble floors, showers and shelving spaces, a 400-sqft covered wrap-around 2nd story balcony with French entry doors in both the bathroom and in the bedroom, and a 400-sqft private loft study. The HVAC was gutted and replaced with two 5-ton Waterfurnace Series 7 geothermal heat pumps in 2022. A 750-sqft poured concrete basement was added in 2022 to serve the second geothermal unit and the solar mechanical equipment. This structure features a full bathroom, 450-sqft of rough shelved storage, and 300-sqft safe room/vault space. Finally, the solar installation, which handles all of the property's electrical needs: The installation provides as much as $4,500 of free electricity. For those not interested in solar power, the fully off-grid system can be abandoned with the switch of a circuit breaker, as municipal power from LCUB is maintained on the property. An automatic transfer switch will flip the electricity seamlessly from Solar to LCUB as desired. The system has been in operation since 2017 with a battery installation in 2019. All components benefit from a 10-year manufacturer's warranty, and are managed for a cost by Lloyd's Electric, the MSA's premier commercial/industrial electrical contractor.
The space is complete and lived-in as it is, and it is lovely. It features a full gut remodel of the main kitchen in 2014, which includes oversized cabinets, Wolf/Sub Zero appliances, and an open, yet intimate floorplan. All of the bathrooms were fully remodeled in 2023, which included all new plumbing, fixtures, and natural stone marble shower surrounds, floors, and vanity tops. The ongoing construction includes: Planning and construction of a master retreat on the main floor, scheduling and planning replacement of all windows and doors, a bathroom installation at lakeside, and removal of the EIFS stucco to be replaced by brick. Hundreds of smaller projects have been completed over the last year. Yet, the remaining projects are significant, and they are ongoing. As the projects progress to completion, their cost will be incorporated into the listed price of the property. As it stands, significant discounts were applied to the listing price to accommodate the end user that might want to save money on their next home purchase in exchange for doing the work at their own convenience.
More Information MLS# 1237218
Contract Info
Auction Y/N: No
Occupancy: Either
Listing Price: 2394000
Current Price: $1,975,000
Status: Closed
Listing Date: 2023-08-21
Location, Tax & Legal Info
Area: Knox County - 1
Property Sub-Type: Residential
City/County Code: County
Elementary School: Hardin Valley
Middle School: Hardin Valley
Total Tax: 5096
High School: Hardin Valley Academy
General Property Description
Type: 2 Story Basement
# Bedrooms: 5
Acres: 10.58
Acre Source: Tax Records
# of Rooms: 14
Restrictions: No
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 1754
SqFt - Down Lvl: 2255
SqFt - 2nd Flr Lvl: 1643
SqFt - 3rd Flr Lvl: 98
# Fireplace: 2
HOA: No
Basement: Yes
Bonus Room: Yes
Extra Storage: Yes
SqFt - Total (Aprox): 5750
Baths - Full: 5
Baths - 1/2: 1
Year Built: 1998
Remarks & Misc
Directions: Gated property. From Knoxville: Take I-40 West to exit 376 toward Oak Ridge. Merge onto TN-162 N for 2.4 miles. Take the Hardin Valley Rd exit on the right. Turn left onto Hardin Valley Rd. Go 4.2 miles and turn left onto Hickory Creek Rd. In 0.7 miles, turn right onto W Gallaher Ferry Rd. Gated entrance will be on the right in 2.6 miles.
Public Remarks: Priced below recent appraisal and owner is still offering financing as low as 4.8%. This Private, Gated, Architect-Designed Multigenerational Country Lakefront Estate is offered below comparables as the remodeling continues. The price will increase as the major projects are completed such as windows, doors and a new master suite on the main level. A list of improvements since acquisition includes: 2000ft of concrete driveway with large turn-arounds at the road, the workshop, and at the lakeside, a full-function communicating front gate, septic upgrade from 3-bedroom home to 6-bedroom home, 900-sqft woodworking shop with its own septic, which can be used as a anything from a recreation building to a stunning space to store and display collections, full-gut remodel of the 1100-sqft Master Retreat was completed in 2023. It includes 360-degree windows for fresh air, heated natural stone marble floors, showers and shelving spaces, a 400-sqft covered wrap-around 2nd story balcony with French entry doors in both the bathroom and in the bedroom, and a 400-sqft private loft study. The HVAC was gutted and replaced with two 5-ton Waterfurnace Series 7 geothermal heat pumps in 2022. A 750-sqft poured concrete basement was added in 2022 to serve the second geothermal unit and the solar mechanical equipment. This structure features a full bathroom, 450-sqft of rough shelved storage, and 300-sqft safe room/vault space. Finally, the solar installation, which handles all of the property's electrical needs: The installation provides as much as $4,500 of free electricity. For those not interested in solar power, the fully off-grid system can be abandoned with the switch of a circuit breaker, as municipal power from LCUB is maintained on the property. An automatic transfer switch will flip the electricity seamlessly from Solar to LCUB as desired. The system has been in operation since 2017 with a battery installation in 2019. All components benefit from a 10-year manufacturer's warranty, and are managed for a cost by Lloyd's Electric, the MSA's premier commercial/industrial electrical contractor.
The space is complete and lived-in as it is, and it is lovely. It features a full gut remodel of the main kitchen in 2014, which includes oversized cabinets, Wolf/Sub Zero appliances, and an open, yet intimate floorplan. All of the bathrooms were fully remodeled in 2023, which included all new plumbing, fixtures, and natural stone marble shower surrounds, floors, and vanity tops. The ongoing construction includes: Planning and construction of a master retreat on the main floor, scheduling and planning replacement of all windows and doors, a bathroom installation at lakeside, and removal of the EIFS stucco to be replaced by brick. Hundreds of smaller projects have been completed over the last year. Yet, the remaining projects are significant, and they are ongoing. As the projects progress to completion, their cost will be incorporated into the listed price of the property. As it stands, significant discounts were applied to the listing price to accommodate the end user that might want to save money on their next home purchase in exchange for doing the work at their own convenience.
Atchd/Dtchd Type
Detached: 1
Style
Contemporary: 1
Solar: 1
Construction
Block: 1
Frame: 1
Siding
Synthetic Stucco: 1
Fireplace
Gas: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Zoned: 1
Floors
Hardwood: 1
Marble: 1
Radiant Floors: 1
Tile: 1
Other: 1
Garage/Parking
Garage Spaces: 3
Attached: 1
Garage Door Opener: 1
Main Level: 1
Side/Rear Entry: 1
Basement
Finished: 1
Walkout: 1
Lot Description
Current Dock Permit on File: 1
Lake/Water Access: 1
Pond: 1
Private: 1
Waterfront: 1
Wooded: 1
Fuel
Active Solar: 1
Electric: 1
Propane: 1
View
Lake View: 1
Seasonal Lake View: 1
Wooded: 1
Heat
Central: 1
Geo Heat (Closed Lp): 1
Heat Pump: 1
Zoned: 1
Dining Area
Breakfast Bar: 1
Breakfast Room: 1
Eat-in Kitchen: 1
Formal Dining Area: 1
Appliances
Central Vacuum: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Grill: 1
Gas Stove: 1
Intercom: 1
Microwave: 1
Refrigerator: 1
Security Alarm: 1
Self Cleaning Oven: 1
Smoke Detector: 1
Tankless Water Heater: 1
Trash Compactor: 1
Washer: 1
Other Rooms
2nd Rec Room: 1
Addl Living Quarter: 1
Basement Rec Room: 1
Breakfast Room: 1
Den/Study: 1
Extra Storage: 1
Family Room: 1
Great Room: 1
Laundry/Utility: 1
Office: 1
Split Bedroom: 1
Workshop: 1
Exterior Features
Balcony: 1
Deck: 1
Dock: 1
Doors - Energy Star: 1
Patio: 1
Porch - Covered: 1
Prof Landscaped: 1
Windows - Insulated: 1
Windows - Vinyl: 1
Windows - Wood: 1
Misc Features
Cathedral Ceiling(s): 1
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Storm Shelter: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Wet Bar: 1
Wired for Internet: 1
Sewer
Septic Tank: 1
Water
Well: 1
Outbuildings
Boat - House: 1
Detached Workshop: 1
Storage Shed: 1
New Financing
Cash: 1
Conventional: 1
Owner Will Carry: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 3168
St Dir: W
Street Name: Gallaher Ferry
St Suffix: Rd
State/Province: TN
Zip Code: 37932
PIN #: 115 015
Geo Lat: 35.931801
Geo Lon: -84.251877
Status Change Info
Status Change Date: 2024-04-04
Under Contract Date: 2024-03-05
Sold Date: 2024-04-04
Sold Price: $1,975,000
Property Features
Style: Contemporary; Solar
Construction: Block; Frame
Siding: Synthetic Stucco
Basement: Finished; Walkout
Lot Description: Current Dock Permit on File; Lake/Water Access; Pond; Private; Waterfront; Wooded
View: Lake View; Seasonal Lake View; Wooded
Fireplace: Gas
Floors: Hardwood; Marble; Radiant Floors; Tile; Other
Fuel: Active Solar; Electric; Propane
Heat: Central; Geo Heat (Closed Lp); Heat Pump; Zoned
Cooling: Ceiling Fan(s); Central Cooling; Zoned
Appliances: Central Vacuum; Dishwasher; Disposal; Dryer; Gas Grill; Gas Stove; Intercom; Microwave; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Tankless Water Heater; Trash Compactor; Washer
Sewer: Septic Tank
Water: Well
Other Rooms: 2nd Rec Room; Addl Living Quarter; Basement Rec Room; Breakfast Room; Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Office; Split Bedroom; Workshop
Misc Features: Cathedral Ceiling(s); Internet Available; Kitchen Island; Pantry; Storm Shelter; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wet Bar; Wired for Internet
Exterior Features: Balcony; Deck; Dock; Doors - Energy Star; Patio; Porch - Covered; Prof Landscaped; Windows - Insulated; Windows - Vinyl; Windows - Wood
Outbuildings: Boat - House; Detached Workshop; Storage Shed
Dining Area: Breakfast Bar; Breakfast Room; Eat-in Kitchen; Formal Dining Area
Showing: See Agent Instructns
New Financing: Cash; Conventional; Owner Will Carry
Room Information
Living Room
Kitchen
Dining Room
Eat In Breakfast Area
Keeping Room
Garage
Master Bedroom
Bathroom
Other
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Rec Room
Other
Other
Listing Office: Alliance Sotheby's International
Office Phone: 865-357-3232
Last Updated: August - 24 - 2025
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