7514 Rivertrace Blvd, Knoxville, TN 37920
$1,799,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
5,112
Lot Size (sq. ft.):
53,579
Status:
Active
Current Price:
$1,799,000
List Date:
7/13/2025
Last Modified:
8/24/2025
Description
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.
More Information MLS# 1308283
Location Tax Legal Info
House #: 7514
Street Name: Rivertrace
St Suffix: Blvd
State/Province: TN
Zip Code: 37920
PIN #: 0030A023.00
Subdivision: Rivertrace
Geo Lat: 35.872589
Geo Lon: -83.957622
Contract Info
Auction Y/N: No
Listing Price: 1799000
Current Price: $1,799,000
Status: Active
Listing Date: 2025-07-13
General Property Description
Type: Basement Ranch
Acres: 1.23
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 5112
SqFt - Main Lvl: 1900
SqFt - Down Lvl: 2000
SqFt - 2nd Flr Lvl: 1212
# Bedrooms: 3
Baths - Full: 5
Baths - 1/2: 1
# of Rooms: 15
Fireplace: Yes
# Fireplace: 2
Property Status: N/A
HOA: Mandatory
HOA Fee: 200
HOA Freq: Yearly
Year Built: 1978
Bonus Room: Yes
Extra Storage: Yes
Status Change Info
Status Change Date: 2025-07-13
Property Features
Style: Craftsman
Construction: Block; Frame
Siding: Stucco; Vinyl; Wood
Basement: Finished; Walkout
Lot Description: Lake/Water Access; River; Rolling Slope; Waterfront
View: Lakefront
Fireplace: Stone; Wood Burning
Floors: Carpet; Hardwood; Tile; Vinyl
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Washer
Sewer: Septic Tank
Water: Public
Other Rooms: 2nd Rec Room; Addl Living Quarter; Basement Rec Room; Bedroom Main Level; Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Split Bedroom; Sunroom; Workshop
Misc Features: Cathedral Ceiling(s); Internet Available; Kitchen Island; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Exterior Features: Balcony; Dock; Irrigation System; Porch - Covered; Porch - Enclosed; Porch - Screened; Prof Landscaped; Window - Energy Star
Outbuildings: Guest House; Storage Shed
Dining Area: Eat-in Kitchen; Kitchen/Dining Rm Co; Living Rm/Dining Rm
Showing: See Agent Instructns
New Financing: Cash; Conventional; New Loan; VA Loan
Listing Office: Realty Executives Associates
Office Phone: 865-983-0011
Last Updated: August - 24 - 2025
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