7514 Rivertrace Blvd, Knoxville, TN 37920
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
Listed by: ann drake
Office: realty executives associates
MLS#:1308283
Source:TN_KAAR
Price summary
- Price:$1,599,000
- Price per sq. ft.:$312.79
- Monthly HOA dues:$16.67
About this home
Spectacular Fort Loudon Lakefront Home--NEW PRICE--MOTIVATED SELLER--HOME APPRAISED AT 1.974M---new asking price reflects seller's desire for a quick sale! Septic rated for 3 bedrooms but you will find 3 additional rooms seller uses as bedrooms and if you prefer you may connect to city sewer system. 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. Year round water, unlike many lake homes which are dry in the winter/spring months. The lowest level in winter is 22' so leave your boat in year round! 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. 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. This stunning waterfront home is perfectly located just minutes from both downtown Knoxville and Maryville and the airport giving you the best of both worlds. With direct access to the water, it's the perfect set up for Vol Navy weekends, boating, or relaxing on the dock. 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. 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...
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Home facts
- Year built:1978
- Listing ID #:1308283
- Added:305 day(s) ago
- Updated:March 25, 2026 at 01:09 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Rooms Total:15
- Flooring:Carpet, Hardwood, Tile, Vinyl
- Basement:Yes
- Basement Description:Finished, Walkout
- Living area:5,112 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1978
- Building area:5,112 sq. ft.
- Lot area:1.23 Acres
- Architectural Style:Craftsman
- Construction Materials:Block, Frame, Stucco
- Exterior Features:Balcony
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$312.79
Parking
- Parking description:Basement, Off-Street Parking, On-Street Parking
- Garage spaces:2
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