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
7514 Rivertrace Blvd, Knoxville, TN 37920- MLS# 1308283
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