Price Reduction - Views - Primary on Main
Address
551 Colonial Ridge Lane, Knoxville, TN
Price
$ 949,900
Property Attributes
  • MLS#1345925
  • TypeSingle Family
  • Listing Status Active
  • CountyKnox
  • CityKnoxville
  • AreaKnox County
  • NeighborhoodPark Place At Farragut
  • Zip37934
  • StyleCottage
  • Year Built2008
  • Taxes$ 2325
  • Price$ 949,900
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage3510
  • Lot Size0.01 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description

One of the best lots in the subdivision! This Stunning home is located in Farragut's highly sought-after Park Place neighborhood & zoned for top rated Farragut schools! This 4-bedroom, 3 full bath, 2 half bath residence welcomes you with exceptional curb appeal, a private lush side courtyard, and a charming covered front porch. Inside, the home showcases extensive custom millwork, rich hardwood flooring throughout the main level, plantation shutters, and elegant finishes at every turn. The spacious living room features a gas fireplace, crown molding, and a striking crystal light fixture, creating a warm yet refined gathering space. The completely updated designer kitchen is truly the heart of the home, offering custom Wildwood cabinetry, a massive 4'x8' granite island with an auxiliary veggie sink and ample seating, a tile backsplash, and soft-close drawers. High-end appliances include a gas range and built-in convection oven, while imported designer pendant lighting from Connecticut adds a distinctive upscale touch. The kitchen flows seamlessly into the dining room, highlighted by extension molding, making it ideal for entertaining. The main-level primary suite is one of the largest in the subdivision and serves as a private retreat with crown molding and a crystal light fixture. The luxurious en-suite bath features tile flooring, an oversized walk-in tile shower, a double vanity, and a generous walk-in closet with high end custom built-in shelving. The main level also includes a well-appointed laundry room with sink and cabinet storage, a mudroom, and a convenient half bath, along with a spacious two-car garage with additional storage. Upstairs, a second ensuite bedroom offers a beautifully updated bath with tile surround tub, glass door, tile flooring, and newer vanity top and fixtures, along with access to a private patio. Two additional bedrooms, including one with a walk-in closet, share a full bath, and a dedicated office provides flexible living space. The oversized bonus room with wood steps, wet bar, ceiling fan, and private half bath creates the perfect setting for entertaining or relaxing. Outdoor living is just as impressive, featuring an extensive patio with pergola, an amazing garden area, and what is considered one of the best yards in the subdivision. Additional highlights include a tankless water heater, a $23,000 HVAC system, central vacuum, ADT security system, surround sound, sprinkler system, and ample attic storage. This exceptional home blends thoughtful design, high-end upgrades, and inviting indoor-outdoor living, making it a unique opportunity in Park Place. Minutes to tons of shopping, restaurants, Turkey Creek, schools, etc! Schedule your showing today!

Price History
6/25/2026 Listed $1,049,900
7/12/2026 5$999,900
7/31/2026 3$974,900
9/3/2026 3$949,900

General Features

Sewer Public Sewer
Heating Central,Forced Air,Heat Pump,Natural Gas,Zoned,Electric
Cooling Central Cooling,Ceiling Fan(s),Zoned
Utilities Cable Available (TV Only)
Appliances Tankless Water Heater,Gas Range,Dishwasher,Disposal,Microwave,Range,Self Cleaning Oven
HOA Fee 1900
Garage Spaces 2
Association Fee Includes Association Ins,Grounds Maintenance
Architectural Style Cottage
Security Features Security Alarm,Smoke Detector
Construction Materials Fiber Cement,Frame
Year Built 2008
View Mountain View,Country Setting
Property Subtype Single Family Residence
Community Features Sidewalks
Assoc Fee Paid Per Yearly
County Knox County - 1
Property Type Single Family
HOA true
Attached Garage true
Subdivision Name Park Place At Farragut
Other Structures Gazebo
Total Rooms 9
Full Baths 3
Status Active
Directions From Kingston Pike, turn left onto S Campbell Station Rd. Turn right onto Municipal Center Dr. Municipal Center Dr turns left and becomes Park Pl Blvd. Turn right onto Colonial Ridge Ln. House on right. SOP.
City Knoxville
MLS Area Knox County - 1
Lot Size Units Acres
Lot Size Square Feet 435.6
Property Attached Y/N false
MLS Area Minor Knox County - 1
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true
New Financing New Loan true

Interior Features

Interior Amenities Walk-In Closet(s),Cathedral Ceiling(s),Kitchen Island,Pantry,Wet Bar,Eat-in Kitchen,Central Vacuum
Basement Crawl Space
Flooring Carpet,Hardwood,Tile
Total Fireplaces 1
Fireplace Features Insert,Ventless,Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Window - Energy Star
Fireplace Y/N true
Half Baths 2
Total Bedrooms 4
Total Baths 5
Other_sp_Rooms_co_Great_sp_Room true

Exterior Features

Exterior Amenities Prof Landscaped
Parking Features Garage Faces Side,Garage Door Opener,Attached,Main Level
Lot Features Cul-De-Sac,Private,Zero Lot Line,Level
Water Source Public
Lot Size Area 0.01
Building Area Total 3510
Lot Dimensions 63.91 X 125.60 X IRR
Lot Size Acres 0.01
Lot Size Source Other
Door Features Doors - Energy Star

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37934

Price
AVG $1,000K
$950K
Taxes
AVG $2,194
$2,325
Year Built
AVG 2001
2008

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