Wallace Luxury Spotlight | 729 Woodchase Drive Knoxville, TN 37934
Modern Luxury Meets Classic Charm in the Heart of Farragut
If you’ve been searching for a home that blends timeless elegance with the comfort of new construction—look no further. This beautifully reimagined 4-bedroom, 2.5-bathroom residence offers the best of both worlds. Completely rebuilt from the studs up, it preserves the character of an established home while offering all-new systems and high-end finishes that reflect today’s standards of luxury and efficiency.
Located in a quiet, established neighborhood nestled between Fox Den and Village Green, this home enjoys a prime location within one of Farragut’s most sought-after areas—and it’s zoned for all Farragut schools.
Rebuilt with Purpose and Style
Every detail of this two-story home has been thoughtfully curated. With brand-new electrical, HVAC, plumbing, flooring, and a new roof, the bones of this house are as solid and reliable as they come. High-end finishes throughout the interior elevate the space, delivering a clean, modern aesthetic that still feels warm and inviting.
The main living areas are open and light-filled, creating the perfect environment for both relaxing and entertaining. The updated kitchen flows seamlessly into the dining and family spaces, while a newly crafted backyard deck provides a picture-perfect spot for morning coffee or evening gatherings.
Flexible Living for Today’s Lifestyle
Upstairs, the spacious fourth bedroom offers incredible flexibility—it’s ideal as a home office, media room, playroom, or even a bonus guest suite. The generously sized, newly fenced backyard adds another layer of livability, offering space for pets, gardening, or outdoor entertaining.
A Location That Checks All the Boxes
This home’s location is the perfect balance of privacy and convenience. With Farragut’s schools just minutes away and easy access to shopping, dining, and parks, everything you need is right at your fingertips. Plus, the surrounding neighborhoods of Fox Den and Village Green offer a sense of community and timeless curb appeal.
This home is a rare find. It feels like new construction wrapped in the charm of a classic home—a place where thoughtful design meets everyday comfort.
Schedule your tour today and explore a home where everything has already been done for you—so you can just move in and enjoy.
Listed by Andrew Nicholson – Wallace West Office | Click here for more info!
Wallace Luxury Spotlight | 2208 Henge Point Lane Knoxville, TN 37922
A Private Retreat in Farragut’s Countryside: Luxury, Space & Timeless Charm
Welcome to a truly special property tucked away in the scenic heart of Farragut—a place where elegance, comfort, and nature converge. This beautifully designed home offers the perfect balance of private retreat and everyday convenience, all just minutes from town.
Spanning 4,687 finished square feet, this spacious residence includes 5 bedrooms and 5 full bathrooms, offering the flexibility and functionality that today’s homeowners crave. Whether you’re hosting guests, raising a family, or seeking room for multigenerational living, this home delivers space that works beautifully for your lifestyle.
Outdoor Living That Inspires
Set on 2 picturesque acres, the property offers a level of serenity rarely found so close to town. A lush, established garden adds color and charm to every season, while mature California redwoods provide shade, privacy, and a sense of timeless beauty. A small fenced backyard offers space for pets or play, and the attached glass greenhouse is a dream come true for year-round gardening enthusiasts.
Designed for Comfort and Versatility
Inside, thoughtful design meets elegant details. The home includes two luxurious primary bedroom suites, one on each level—an ideal setup for multigenerational living or private guest accommodations. The main-level suite also features a private balcony, where you can sip your morning coffee and enjoy sweeping views of your peaceful acreage.
The custom-designed kitchen is a chef’s dream, with marble countertops, double ovens, a propane-powered gas stove, and ample cabinet storage—ready for both everyday meals and special occasions.
Downstairs, a partially finished walkout basement—already equipped with heating, cooling, plumbing, and electrical—offers endless possibilities. Transform it into a home gym, a workshop, a media room, or even private living quarters. The space is yours to shape.
Additional Features Include:
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A 3-car garage
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Generous storage throughout
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Timeless curb appeal and architectural design
The Best of Both Worlds
This home is more than a house—it’s an invitation to a lifestyle of peace, privacy, and potential, all while being conveniently located near Farragut’s top schools, shopping, and dining.
Whether you dream of sprawling gardens, space for extended family, or simply a quiet place to call home, this is a rare opportunity to own a piece of Farragut’s countryside charm.
Schedule your private showing today—homes like this don’t come along often.
Presented by Lauren Baxter – Wallace Bearden Office | Click here for more info!
March 2025 Real Estate Market Update: What You Need to Know
East Tennessee Real Estate Market Update – March 2025
As we head into the heart of the spring market, East Tennessee is seeing some encouraging signs of growth and movement in residential real estate. From increased inventory to a rise in pending and closed sales, this March brought several promising indicators. Here’s a closer look at how our local market is shaping up.
New Listings: A Return to Pre-Shift Levels
March brought a surge of new listings—the highest we’ve seen since March 2022. Two years ago, we were in the midst of a historic market, driven by migration into our area, ultra-low interest rates, and sky-high buyer demand. While today’s market is more balanced, homeowners seem to be recognizing the substantial equity they’ve built and are ready to make a move. With more options available, that once-daunting question of “where would we go if we sold?” is becoming easier to answer. It’s a self-fulfilling cycle: more listings create more choices, which inspires more sellers to enter the market.
Active Listings: More Time, More Opportunity
Compared to last year, we have a noticeably higher number of active listings. Not only are more homes being listed, but they’re also staying on the market a bit longer—giving buyers more time to explore and giving agents more time to market strategically.
Sales Pending: Gaining Momentum
While we’re not quite back to the pending sales highs of 2021 or 2022, we’re trending ahead of both 2023 and 2020. After a slow start to the year, the number of homes under contract is gaining steam. That momentum typically translates into stronger closing numbers in the months ahead, suggesting a healthy spring season is taking shape.
Closed Units: A Sharp Turnaround
Closings in February hit a multi-year low, but March quickly reversed course. We’re now back in line with last year’s numbers, a reminder that the spring selling season often brings a surge in finalized transactions. The upward swing in closed sales is a reliable indicator of renewed buyer activity.
Months of Supply: Seller’s Market Holds Steady
Despite more homes hitting the market, demand is keeping pace. Our months of supply dropped to just over five—still squarely within a seller’s market. It’s worth noting that while this is the broad picture for our region, conditions can vary significantly from one neighborhood to the next. Local expertise continues to be invaluable.
Median Sales Price: Slow and Steady Growth
In March, the median sales price reached a new high at $375,000. Although price growth is slower than it was during the peak frenzy of recent years, we are still seeing upward movement. What some may perceive as price “drops” are often simply reductions from an initially over-ambitious list price—not true declines in market value.
Average Days on Market: A Seasonal Shift Ahead
Homes averaged about 65 days on the market in March, the highest we’ve seen for early spring in several years. However, this figure typically begins to decline in April as the market picks up speed. A drop to 45–55 days on market would be a reasonable expectation as we move further into spring.
What This Means for Buyers and Sellers
Whether you’re considering selling, buying, or both, today’s East Tennessee market presents real opportunities. Sellers can take confidence in rising home values and buyer activity, while buyers benefit from a growing selection of homes and slightly more breathing room than in recent years.
As always, working with a knowledgeable real estate professional can help you navigate the nuances of this dynamic market. 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.
*Stats provided with permission from the East Tennessee Realtors Multiple Listing Service. As reported by Claudia Stallings, Wallace Real Estate COO.
Wallace Luxury Spotlight | 12211 Torrey Pines Point Knoxville, TN 37934
Timeless Elegance Meets Modern Living on the Fairway in Fox Den
Welcome to a rare opportunity in one of East Tennessee’s most prestigious communities. This architectural gem in the coveted Fox Den neighborhood has been thoughtfully renovated, offering the best of both worlds—modern updates paired with the original character and charm that make this home truly unforgettable.
Perfectly positioned on the 7th fairway of Fox Den’s championship golf course, this 4-bedroom, 4.5-bathroom estate was designed with both comfort and entertaining in mind. Whether you’re hosting an intimate dinner or a large summer gathering, this home has the space and style to make every occasion feel special.
A Chef’s Dream and an Entertainer’s Paradise
The heart of the home is the chef’s kitchen, complete with premium finishes and ample room for culinary creativity. The open and inviting layout flows effortlessly into the home’s multiple gathering spaces, creating a seamless experience for guests and family alike.
Just outside, your private backyard oasis awaits—featuring a saltwater pool surrounded by generous outdoor living areas. Whether you’re soaking up the sun, enjoying a peaceful evening swim, or dining under the stars, this outdoor retreat is ready for summer enjoyment.
Live the Fox Den Lifestyle
Living in Fox Den Country Club means more than just having a beautiful home—it’s about becoming part of a truly special community. With a variety of optional memberships, residents can enjoy access to:
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The championship golf course
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A junior Olympic-sized pool
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Tennis and pickleball courts
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A state-of-the-art fitness center
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Multiple dining and bar venues perfect for gathering with friends and neighbors
Whether you’re an avid golfer, a social butterfly, or someone seeking an active, engaged lifestyle, Fox Den offers something for everyone.
Move-In Ready, Just in Time for Summer
With extensive renovations already complete, this home is truly move-in ready. Every detail has been considered—from elegant finishes to modern conveniences—all situated in one of the area’s most sought-after golf course communities.
Don’t miss your chance to call this Fox Den beauty your own. Schedule your private tour today and step into a lifestyle of elegance, ease, and community.
Presented by Jim Dingus – Wallace Real Estate North Office | Click here for more information.
Wallace Luxury Spotlight | 3222 Laurel Cove Trail Sevierville, TN 37862
Experience Ultimate Luxury at Star of The Summit A Mountain Retreat Like No Other
Welcome to Star of The Summit—an extraordinary luxury mountain retreat located in the prestigious The Summit subdivision. This breathtaking 5-bedroom, 4-bathroom estate redefines upscale mountain living, blending rustic charm with modern elegance and unmatched panoramic views of the Great Smoky Mountains.
Whether you’re looking for a high-performing investment property or a personal escape from the everyday, this property delivers on every level. Currently operating as a successful short-term rental with a proven history, Star of The Summit offers a unique opportunity for both income and indulgence.
Luxury Features Designed to Impress
From the moment you enter, you’re greeted by soaring ceilings, a floor-to-ceiling stone fireplace, and a grand great room designed for gathering and relaxing. The chef’s kitchen is fully equipped with premium appliances, ideal for preparing meals to enjoy in the elegant dining area or out on the covered porch with sweeping mountain views.
The main level features two expansive primary suites, including one with direct porch access—the perfect spot to sip morning coffee or unwind under the stars. A cozy sitting room provides yet another inviting space to relax.
Downstairs, the home transforms into an entertainer’s dream. The lower level includes two additional primary suites, a fifth bedroom, and a fully loaded game room complete with:
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Air hockey
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Pool table
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Theater area
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Arcade game
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Kitchenette with a sink, microwave, and refrigerator
You’ll also find a private indoor heated pool and a hot tub overlooking the majestic landscape, creating a resort-like experience year-round.
Location Meets Lifestyle
While the home feels tucked away in a private mountain paradise, it’s located just minutes from the area’s top attractions:
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Dollywood and its world-class rides and entertainment
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Gatlinburg and Pigeon Forge for shopping, dining, and live shows
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Ripley’s Aquarium of the Smokies
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Ober Mountain for year-round adventure including skiing
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The natural wonders of Great Smoky Mountains National Park, Clingmans Dome, and Cades Cove
Whether you’re exploring scenic hiking trails or enjoying a relaxing evening by the fire, Star of The Summit is the perfect home base for making unforgettable memories.
A Rare Opportunity Awaits
With its four spacious primary suites, top-tier amenities, and exceptional rental potential, Star of The Summit is truly one-of-a-kind. Discover the magic of mountain living—where luxury meets nature and adventure is always just around the corner.
Schedule your private tour today and experience all that this remarkable retreat has to offer.
Presented by Hali Combs Whaley – Click here for more info!
Wallace Luxury Spotlight | 202 Spring View Drive Lenoir City, TN 37772
Modern Lakefront Luxury Awaits – A Turnkey Retreat Ready for Summer
Welcome to the ultimate blend of modern elegance and lakeside living. This stunning lakefront home is a dream come true—perfectly positioned on a gentle sloping lot that leads to a brand-new covered boat house and dock, making it ready for summer adventures from day one.
With 4 bedrooms and 3.5 bathrooms, this turnkey retreat has been meticulously designed for comfort, style, and effortless entertaining. Step inside to soaring ceilings, expansive windows that flood the space with natural light, and three fireplaces that create a cozy ambiance year-round.
The custom-designed kitchen is the heart of the home, offering the perfect space to cook, gather, and enjoy the view. From the kitchen and living areas, doors open to multi-level decks ideal for al fresco dining, hosting friends, or simply soaking in panoramic water views.
The main-level primary suite is a private sanctuary with a spa-like bathroom, a generous walk-in closet, and serene lake views. On the lower level, a fireside lounge offers the perfect setting for evening relaxation or weekend entertaining, with direct access to a lakefront fire pit—the ultimate spot for s’mores under the stars.
Additional features include:
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Whole-house generator for peace of mind
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New boat house with lift
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Multiple outdoor living areas
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Turnkey condition—move in and start enjoying immediately
Whether you’re boating, fishing, or just unwinding with a glass of wine by the water, this modern lakefront property delivers a rare opportunity for both a luxurious primary residence or the ultimate weekend retreat.
Schedule your private tour today—lake life is calling.
Presented by Deb Saunders | Wallace Real Estate – Click here for more info!