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Wallace Luxury Spotlight | 1437 Vale View Road Knoxville, TN 37922
Stunning Upgraded Home in a Desirable Neighborhood
Welcome to 1437 Vale View Rd, a beautifully upgraded 4-bedroom, 3-bathroom home that offers both style and functionality. Thoughtfully enhanced with modern upgrades, this meticulously maintained property is perfect for those seeking comfort, convenience, and elegance.
Exceptional Features & Upgrades
- Epoxy garage flooring for a sleek, durable finish
- Plantation shutters throughout, adding charm and privacy
- Large utility sink in the garage, a practical touch for added convenience
Designed for Comfortable Living
This home features an open and inviting layout, making it an ideal space for gatherings and entertaining guests. The well-appointed kitchen flows seamlessly into the living and dining areas, creating a welcoming atmosphere for all occasions.
Outdoor & Community Perks
- Beautifully landscaped, fenced-in yard, perfect for relaxation and entertaining
- Access to two neighborhood pools, offering fun and recreation just steps away
A Home You Don’t Want to Miss
This home presents a rare opportunity to enjoy modern upgrades, prime location, and top-tier community amenities. Schedule your private showing today and make this stunning property yours!
Listed by Annie Abraham – Wallace Real Estate Farragut Office | Click here for more info!
Wallace Luxury Spotlight | 132 Danbury Drive Oak Ridge, TN 37830
A Dream Home in Oak Ridge: Modern Elegance Meets Timeless Charm
Welcome to the home of your dreams, where modern convenience and timeless elegance come together in a stunning renovated brick home. Nestled at the end of a beautifully landscaped cul-de-sac in one of Oak Ridge’s most desirable neighborhoods, this residence is designed for comfort, luxury, and effortless living.
Meticulously Renovated with High-End Upgrades
From the moment you step inside, you’ll be captivated by the completely updated interior featuring:
- Updated floors that enhance the home’s aesthetic appeal
- A fully remodeled kitchen with solid surface countertops and premium appliances
- Completely renovated bathrooms designed for relaxation and luxury
- A spacious primary bedroom on the main level, complete with a built-in dressing table
Outdoor Spaces Designed for Serenity
Enjoy the private, fenced-in backyard from the updated sunroom or the impressive brick patio, perfect for entertaining or quiet moments of relaxation.
Smart Home Features & Energy Efficiency
This home seamlessly blends technology and efficiency with:
- Tankless water heater for endless hot water
- Ring security system for added peace of mind
- New windows throughout for enhanced energy savings
- Permanent outdoor lighting, easily controlled via an app
- Smart home features that elevate convenience and functionality
Storage & Convenience at Its Best
- Upstairs laundry room for ultimate ease
- Multiple walk-in closets to keep everything organized
- Extraordinary attic storage space for all your seasonal and long-term needs
Exclusive Neighborhood Perks
As a bonus, residents have the option to join the neighborhood pool, providing a perfect place to cool off in the summer and connect with neighbors.
Your Perfect Home Awaits
With a brand-new soaking tub in the primary bath, luxurious carpeted bedrooms, and a cozy gas fireplace, this home truly offers everything you’ve ever wanted. Schedule your private showing today and experience the beauty, convenience, and modern elegance that make this home one-of-a-kind.
Listed by Sold By Stockton (Stephen Stockton) Wallace Real Estate North Office | Click here for more info!
Wallace Luxury Spotlight | 437 Grove Branch Lane Knoxville, TN 37922
Effortless Luxury Living in a Spacious Townhome
Welcome to the perfect blend of comfort, convenience, and style in this low-maintenance, luxury townhome. Designed for effortless living, this home boasts soaring ceilings in the living room, an open-concept updated kitchen, and thoughtful modern touches throughout.
A Home Designed for Comfort and Elegance
Upon entry of this home, you’ll discover:
- Built-in shelves and plantation shutters that add timeless charm
- Carpet-free flooring for easy upkeep and a sleek aesthetic
- An inviting sunroom perfect for relaxation and natural light
The main-level bedroom suite offers a spa-like retreat with a separate shower and bath and a spacious walk-in closet. Prefer an upper-level suite? A second bedroom-bath combo upstairs provides flexibility to fit your needs.
Versatile and Functional Spaces
The second level also features:
- An open loft area, ideal for a home office, reading nook, or entertainment space
- A third bedroom, offering privacy and comfort for guests or family
A Garage That Goes Beyond Storage
Even your vehicle gets the luxury treatment! The garage features custom storage racks and an epoxy-coated floor, creating a clean and organized space.
Luxury Townhome Living Awaits
This meticulously maintained townhome is a rare opportunity to experience spacious, maintenance-free living with elegant details throughout. Schedule your showing today and discover luxury at its finest!
Listed by Larry Maynard – Wallace Real Estate Farragut Office | Click here for more info!
Wallace Luxury Spotlight | 3660 Marian Lake Way Sevierville, TN 37862
Discover your dream home in the heart of Sevierville, TN, where breathtaking mountain views meet modern comfort. Listed by Jodi Spangler of Wallace Farragut Office, this stunning property offers a rare blend of privacy, accessibility, and natural beauty, all within an exclusive gated community.
A Home Designed for Comfort and Convenience
Spanning an impressive 2,863 square feet, this home is thoughtfully designed to accommodate a variety of lifestyles. Featuring 3 bedrooms, 3 bathrooms, and additional flex space, this property ensures versatility and modern living.
The primary bedroom is conveniently located on the main level, offering easy access and serene privacy. Whether you seek a full-time residence or a vacation retreat, this home delivers on all fronts.
Exclusive Community and Outdoor Living
Beyond the walls of this elegant home lies an array of community amenities that make it truly exceptional:
- Private Community Lake: Perfect for picnicking, swimming, fishing, and canoeing
- Unique Treehouse: Creating endless backyard adventures
- Proximity to Nature: Less than one mile from the entrance to the Great Smoky Mountains National Park
The combination of secluded privacy and easy access to outdoor recreation makes this property a rare gem in the Smokies.
Convenient Location with Endless Attractions
Despite its peaceful setting, this home keeps you close to everything you need. Just a 20-minute drive brings you to the bustling towns of Pigeon Forge and Gatlinburg, where you’ll find:
- Shopping and grocery stores
- Parks and recreation centers
- World-class dining and entertainment
Whether you seek adventure or relaxation, this home positions you perfectly to enjoy both.
Your Perfect Mountain Retreat Awaits
More than just a house, 3660 Marian Lake Way is a sanctuary where luxury meets nature. With stunning mountain views, exclusive amenities, and unparalleled convenience, this is a rare opportunity to own a piece of Tennessee’s finest living.
Click here for more info about this property. Don’t miss your chance to embrace the beauty and serenity of Sevierville. Schedule your private showing today!
Wallace Luxury Spotlight | 2413 Caravel Lane Knoxville, TN 37922
Luxury Lakefront Living in Channel Point
Discover the epitome of luxury and comfort at this exquisite one-owner residence in the prestigious Channel Point community. Nestled on 1.32 acres, this stunning 5,227-square-foot home was designed by renowned architect Stephen Fuller, based on the Southern Living Show Home, Kennisaw Ridge house plan. Offering exclusive access to a private dock with a deeded boat slip on Fort Loudoun Lake, this property is a true lakefront retreat.
Unparalleled Outdoor Oasis
Designed for both relaxation and entertainment, the outdoor living space is nothing short of extraordinary. Take in the breathtaking Fort Loudoun Lake views while enjoying:
- A 20’x50’ inground saltwater pool with a slide
- Over 1,500 square feet of covered porches, perfect for entertaining
- A cozy fire pit
- A privacy fence surrounding the level backyard
- Covered front and back porches for year-round enjoyment
Elegant & Functional Interior Spaces
Enter to an open-concept design that seamlessly flows between the kitchen, breakfast nook, and grand room. The chef’s kitchen is fully equipped with:
- Brand-new stainless steel appliances
- Granite countertops
- Large island with ample storage
- Custom cabinetry with newly installed cabinet doors
Three fireplaces add warmth and ambiance throughout the home, located in the grand room, formal living room, and an upstairs bedroom. While all fireplaces have gas lines, the great room fireplace has been primarily used as wood-burning for a cozy touch.
Spacious & Private Accommodations
The primary suite is located on the main level, offering a private retreat with:
- A spa-like en suite bathroom
- Soaking tub for relaxation
- Walk-in shower
- Walk-in closets for ample storage
Upstairs, the second level features:
- Three additional spacious bedrooms
- A full bath and a Jack-and-Jill bath for added convenience
On the third floor, a finished bonus room offers endless possibilities—it can serve as an office, playroom, media room, or man cave.
Recent Updates & Modern Comforts
This meticulously maintained home features several recent updates, including:
- New kitchen appliances
- New interior paint
- New HVAC unit servicing the 2nd and 3rd floors
Your Dream Lakefront Home Awaits
Just minutes from shopping, dining, and entertainment, this home blends privacy, luxury, and convenience seamlessly. This rare opportunity to own a lakefront masterpiece in Knoxville’s most sought-after community won’t last long. Schedule your private tour today and experience the perfect blend of luxury, comfort, and lakeside living!
Listed by Joe Atkins – Atkins Home Group | Wallace West Office | Click here for more info!
January 2025 Real Estate Market Update: What You Need to Know
As we get into 2025, the East Tennessee real estate market is showing early signs of growth and movement. January’s numbers reveal a higher number of new listings, a steady median sales price, and longer days on market, signaling a shift toward a more balanced market. While some metrics indicate a slower pace compared to past years, the overall outlook remains positive for buyers and sellers alike.
Here’s a breakdown of January 2025’s key trends and what they mean for you.
New Listings: A Stronger Start Than in Years Past
This January, we saw 2,029 new listings hit the market—a large increase over December and significantly higher than last January. This is an encouraging sign that sellers are beginning to make moves rather than hold on to their low-interest mortgages.
- Luxury Market: Approximately 400 new luxury listings entered the market, showing continued movement in the high-end segment.
What this means for you:
Sellers: More inventory means greater competition, so pricing and marketing must be on point to stand out.
Buyers: More listings give you better selection and more negotiating power than in previous years.
Active Listings: More Homes Available Than in Recent Years
The number of active listings in January 2025 was higher than in past Januarys, indicating a continued shift toward a more balanced market. This metric tracks all homes that held an active status at any point during the month.
- Total Active Listings: 7,000
- Luxury Market: 1,750 luxury homes were active in January—accounting for 25% of the total inventory.
What this means for you:
Sellers: More homes on the market means you’ll need a competitive strategy to attract buyers.
Buyers: More inventory gives you room to negotiate and take your time choosing the right home.
Sales Pending: A Slightly Slow Start, But an Upward Trend
Despite the increase in new listings and active homes, pending sales in January were still slow compared to typical market trends. However, they were higher than January 2024, showing a step in the right direction.
- Luxury Market: Fewer than 200 luxury homes went under contract in January.
Market uncertainty—particularly economic and political changes—can cause hesitation among buyers. But historically, the early months of the year tend to be slower, with activity picking up in spring.
What this means for you:
Sellers: Buyers are taking longer to make decisions, so patience and the right strategy will be key.
Buyers: With slower movement, you have more room to negotiate pricing and terms.
Closed Sales: A Slight Increase Over Last Year
January saw 1,125 total homes sold, which is slightly more than last year but still a slower start overall. The market is adjusting to new conditions, and experts predict sales will increase between 5-9% by the end of 2025 as buyers and sellers acclimate.
- Luxury Market: 155 luxury homes closed in January.
What this means for you:
Sellers: Be prepared for longer time on the market and potential negotiations.
Buyers: If you’re ready to move, now is a great time to buy before competition picks up in the spring.
Months of Supply: A Market Moving Toward Balance
For the first time in several years, the months of supply has risen above 6 months—a sign that the market is transitioning away from a seller’s market toward a more balanced environment.
- Luxury Market: The luxury supply sits at over 11 months, meaning high-end homes are taking longer to sell and there is more competition among sellers.
What this means for you:
Sellers: Homes are taking longer to sell, so be prepared to adjust pricing or marketing strategies if needed.
Buyers: The higher supply gives you more time and more negotiating power—especially in the luxury market.
Median Sales Price: Holding Strong Despite Market Shifts
The East Tennessee median sales price for January was $363,900, which represents a slight drop from December but remains the highest of any previous January.
- Luxury Market: The median price for homes listed at $650,000+ was $820,000.
This consistent price stability over time suggests that while demand may fluctuate, home values are continuing to appreciate.
What this means for you:
Sellers: Pricing remains strong, but overpricing could lead to longer days on market.
Buyers: Prices remain steady, but with more inventory, you may find better deals in certain areas.
Average Days on Market: Listings Make Take A Bit More Time to Sell
The average days on market for January was 55 days, which is significantly higher than where we started in 2024.
A new metric—Cumulative Days on Market (CDOM)—has also been introduced for 2025. This number tracks the total time a property spends on the market, even if it was previously listed and withdrawn before selling. However, so far, CDOM is not significantly different from the standard Days on Market measurement.
- Luxury Market: Luxury homes take a few days longer to sell compared to the overall market.
What this means for you:
Sellers: Homes aren’t selling as quickly as they did in past years, so marketing, pricing, and presentation are crucial.
Buyers: Homes that have been on the market longer may provide great negotiation opportunities.
What to Expect in the Coming Months
With more listings, a rising supply of homes, and steady prices, the real estate market is moving toward a more balanced pace. The days of bidding wars and extreme seller advantages are behind us, and both buyers and sellers need to adapt to this new environment.
- Sellers should expect longer days on market and be prepared to adjust strategies to attract buyers.
- Buyers should take advantage of increased inventory and negotiating power while market conditions favor them.
With spring approaching, we expect activity to pick up, making now the perfect time to prepare for your next move.
Thinking About Buying or Selling? Let’s Talk!
Whether you’re looking for your first home, selling your current one, or simply curious about market trends, I’m here to help you navigate this evolving market. Let’s make 2025 a successful year for your real estate goals!
*Stats provided with permission from the East Tennessee Realtors Multiple Listing Service. As reported by Claudia Stallings, Wallace Real Estate COO.
Wallace Luxury Spotlight | 12736 Shady Ridge Lane Knoxville, TN 37934
Discover Thoughtful Design and Modern Luxury in Farragut
If you’ve been searching for the perfect home in Farragut, look no further! This stunning, newer build has only been occupied by the builder and showcases thoughtful design with comfortable living in mind. Listed by Kelly O’Connor, this home offers luxury, space, and endless possibilities—all in a desirable location.
An Open and Inviting Living Space
Step into the spacious open Great Room, where a cozy gas fireplace becomes the heart of the home. This welcoming area flows seamlessly into the formal Dining Room, creating the perfect space for gatherings and entertaining guests.
A Chef’s Dream Kitchen
The custom chef’s Kitchen is a culinary masterpiece, featuring:
- White quartz countertops
- Gas range cooktop
- Walk-in pantry for ample storage
- A large island perfect for meal prep and entertaining
Enjoy your morning coffee on the covered porch, which overlooks a wooded, fenced, and expansive backyard—offering both privacy and space to play or relax.
Flexible Spaces to Fit Your Lifestyle
Off the oversized 3-car garage is a versatile flex room, currently used as an office but easily convertible into a mudroom, craft space, or playroom to suit your needs.
Spacious Bedrooms with Private Baths
The Owner’s suite is located on the second floor, providing a private retreat with luxury finishes. Each spacious bedroom boasts its own private bathroom and walk-in closet, ensuring comfort and convenience for loved ones and guests alike.
Endless Possibilities with the Unfinished Basement
Don’t miss the unfinished basement, offering an additional 1,835 square feet of heated and cooled space. This area is already plumbed for a bathroom and is full of endless possibilities—whether you envision a home gym, media room, or additional living quarters, the choice is yours!
Your Perfect Farragut Home Awaits
With its thoughtful design, luxurious features, and prime location, this home is truly a rare find in Farragut. Showings begin February 15th — schedule your private tour today and discover all that this incredible property has to offer.
Property listed by Kelly O’Connor — Wallace Real Estate. Click here for more details!
Wallace Luxury Spotlight | 1869 Persimmon Ridge Loudon, TN 37774
Welcome to Luxury Living at Tennessee National
Experience the perfect blend of luxury, leisure, and community at Tennessee National, one of East Tennessee’s most prestigious gated communities. From top-tier amenities to a beautifully upgraded custom home, this is more than just a residence—it’s a lifestyle.
Custom Home Features
This beautiful custom home offers an open floor plan with 3 bedrooms and 3 full bathrooms, plus a massive upstairs bonus room perfect for additional living space, a home office, or a game room.
Throughout the home, you’ll find high-end upgrades, including:
- GE Profile appliances for modern culinary convenience
- Quartz countertops that combine beauty with durability
- A large walk-in shower in the primary bathroom for spa-like relaxation
- Custom closets to keep everything organized and stylish
Unmatched Community Amenities
Tennessee National offers a wide range of amenities designed to enhance your everyday life:
- Greg Norman Signature Golf Course with a stunning clubhouse and Top Tracer covered bays for year-round practice
- Private marina featuring covered boat slips for all your waterfront adventures
- Saltwater pool with a relaxing hot tub
- Pavilion for outdoor concerts and events
- On-site restaurant for convenient dining
- 24-hour guarded gate security for peace of mind
- Miles of hiking trails to explore the natural beauty of Tennessee
- An active social calendar with events for every interest
Priced Below Recent Appraisal
Not only does this home offer luxury and convenience, but it’s also priced well below a recent appraisal, providing exceptional value in one of Tennessee’s most desirable communities.
Your New Lifestyle Awaits
Tennessee National is more than just a neighborhood—it’s a vibrant, welcoming community where residents enjoy both tranquility and excitement. With world-class amenities, stunning natural surroundings, and an active social scene, you’ll quickly feel right at home.
Schedule Your Showing Today
Don’t miss your chance to experience all that Tennessee National has to offer. Schedule your private showing today and discover why this custom home is the perfect place to call home.
Listed by Jim Dingus – Wallace North Office | Click here for more info.
Wallace Luxury Spotlight | 3118 Smoky Bluff Trail Sevierville, TN 37862
Discover the Ultimate Smoky Mountain Retreat at Manna Mountain Lodge
Introducing Manna Mountain Lodge, a stunning luxury property nestled in the Great Smoky Mountains of East Tennessee. Meticulously crafted and expertly adorned, this one-of-a-kind lodge is designed to elevate your mountain living experience while offering an unparalleled investment opportunity.
Prestigious Location and Unmatched Privacy
Located in the prestigious subdivision of The Summit, Manna Mountain Lodge sits on a premium 3.70-acre lot, providing unmatched privacy and breathtaking, layered mountain views. With city water access and a spacious circular driveway, the property ensures both convenience and seclusion for you and your guests.
Architectural Excellence Meets Natural Beauty
Designed with an open floor plan and expansive glass windows, Manna Mountain Lodge immerses you in the beauty of the Great Smoky Mountains. Each room and living space is carefully arranged to highlight the stunning mountain vistas, seamlessly blending the natural surroundings with luxurious interiors.
Main House Features — Luxury Living at Its Finest
The main house spans just under 5,000 square feet and features 5 king-sized primary suites, each offering breathtaking mountain views. Additional highlights include:
- 2 half bathrooms
- An indoor, quaint observation tower
- An outdoor observation tower with panoramic views
- Covered and uncovered outdoor living areas designed to maximize the scenery
- A home theater room and multiple game rooms
- An indoor heated pool for year-round enjoyment
Carriage House — A Charming Addition
The carriage house complements the main lodge with a 2-car garage on the main level. Upstairs, you’ll find another living area with stunning views, 4 full-sized built-in bunk beds, a full bathroom, a foosball table, and a deck. This space adds approximately 600 square feet of additional living space, making it perfect for guests or multigenerational living.
Elegant Features and Modern Conveniences
Manna Mountain Lodge is filled with upscale amenities and thoughtful details, including:
- Quartz countertops and upscale appliances
- Gas stovetop and gas grill
- 2 stone gas fireplaces
- A hot tub with mountain views
- Walk-in showers in each full bathroom
- Walk-in closets and televisions in every room
- A built-in toddler bunk bed in one of the upstairs primary suites
Turnkey Investment with Proven Rental History
Completely turnkey and ready for immediate occupancy or rental, Manna Mountain Lodge accommodates up to 20 guests and has a proven rental history. With a potential rental income of $350,000 for 2025, this property represents a unique opportunity to generate substantial revenue while owning a luxurious mountain retreat.
Conveniently Located Near Top Attractions
Enjoy easy access to all the best that East Tennessee has to offer. The lodge is conveniently located near:
- Dollywood
- The Island and Margaritaville
- Foothills Parkway
- Attractions, restaurants, and stores in Pigeon Forge and Gatlinburg
- The local airport and more
Make Manna Mountain Lodge Yours
Whether you’re seeking a luxurious getaway, a multigenerational retreat, or a high-yield investment, Manna Mountain Lodge offers it all. Schedule your private showing today and check out this exquisite property!
Listed by Hali Combs Whaley – Wallace Bearden Office | Click here for more information!
