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.
For sale
$1,799,000
7514 Rivertrace Blvd, Knoxville, TN 37920
3beds
5,112sqft
Est.:
Single Family Residence
Built in 1978
1.23 Acres Lot
$-- Zestimate®
$352/sqft
$17/mo HOA
What's special
Prime shorelineLakefront masterpiecePanoramic lake viewsFloor-to-ceiling stone fireplaceCovered outdoor entertainment spaceGorgeous hardwood flooringSpa-quality curbless tile shower
- 32 days
- on Zillow |
- 1,479 |
- 55 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 09:04am
Listed by:
Ann Drake 865-250-9472,
Realty Executives Associates 865-983-0011
Source: East Tennessee Realtors,MLS#: 1308283

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Features
- Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Eat-in Kitchen, Bonus Room
- Flooring: Carpet, Hardwood, Vinyl, Tile
- Windows: ENERGY STAR Qualified Windows
- Basement: Walk-Out Access,Finished
- Number of fireplaces: 2
- Fireplace features: Stone, Wood Burning
Interior area
- Total structure area: 5,112
- Total interior livable area: 5,112 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, On Street, Off Street, Basement
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Exterior features: Irrigation System, Prof Landscaped, Balcony, Dock
- Waterfront features: Lake/Water Access, River, Lake Front
- Frontage type: Lakefront
Lot
- Size: 1.23 Acres
- Features: Rolling Slope
Details
- Additional structures: Storage, Guest House
- Parcel number: 0030A023.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Stucco, Vinyl Siding, Wood Siding, Block, Frame
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Rivertrace
HOA
- Has HOA: Yes
- HOA fee: $200 annually
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $991,600
- Annual tax amount: $3,942
- Date on market: 7/13/2025
- Loading
- Loading