Welcome to your dream home, perfectly nestled in the heart of sought-after Farragut, TN. Located at 436 Rockwell Farm Lane, Knoxville, Tennessee, this beautiful 2-story residence offers 4 spacious bedrooms and a large bonus room that easily serves as a 5th bedroom, providing the perfect mix of comfort and flexibility. With 2.5 elegantly updated bathrooms, this home exudes modern charm. Step inside to an inviting open floor plan, where the family room’s cozy fireplace is framed by custom built-ins, creating an atmosphere of warmth and relaxation. Hardwood floors grace most of the main level, leading to a kitchen with ample counter space, and an eat-in nook perfect for casual meals. For those who need space to work from home, the main level includes a large dedicated office, and when it’s time to entertain, the formal dining room is the ideal setting. Take advantage of both front and rear staircases for easy access to the second floor. The backyard is an outdoor oasis. Imagine cooler evenings by the firepit, or summer days spent in the refreshing inground gunite pool, or hosting gatherings or eating alfresco on the spacious patio, with plenty of grassy areas left for play and relaxation. Recent updates include brand-new HVAC units installed in July 2024, ensuring year-round comfort. The extra-large driveway and 2-car garage offer ample parking and storage space. Zoned for all Farragut schools, this home is just minutes from shopping, dining, golf courses, and the lake. Downtown Knoxville is a quick 25-minute drive, and the majestic Smoky Mountains are only 45 minutes away. Have questions? Want to schedule a tour? Need to your your home sold or help finding a home? Contact Troy Stavros with CornerStone Realty Associates at 865-999-0925 today.
Luxurious Custom Oasis in Farragut, Tennessee – Home for sale at 11808 Corto Lane, Knoxville, TN
Experience Unmatched Privacy and Elegance in Farragut
Nestled on over an acre of pristine land in the heart of Farragut, Tennessee, this gated, custom-built luxury home offers an unparalleled living experience. It’s an oasis of tranquility amidst the bustling town, combining privacy with the convenience of nearby amenities. Best of all, this home is not in a subdivision, so there are no HOA fees or restrictions.
Exquisite Primary Suite and Bedrooms
The main floor features a stunning primary suite, complete with a magnificent, bright, and classy tiled bath. This sanctuary boasts a custom-tiled wet room, an oversized bathtub, and a show-stopping shower. With custom cabinetry, large pantry storage, and quartz countertops, this bathroom is a true haven for self-care. The light and bright primary bedroom boasts a 10-foot ceiling, a shiplap feature wall, and a private patio. Two additional charming bedrooms on the main floor provide comfort and elegance.
Indoor-Outdoor Harmony
The statement 16-foot Pella sliding doors open to an expansive deck, featuring a custom Tennessee stone wood-burning fireplace. This seamless indoor-outdoor connection enhances entertaining and relaxation year-round. The Traeger grill smoker nook built into the back of the outdoor fireplace caters to all your grilling and smoking needs.
Elegant and Functional Home Office
The home office, adorned with custom cabinets and a quartzite countertop, provides a sophisticated and productive workspace. Custom statement black Pella windows and trimwork throughout the home add character and charm to every room.
Inviting Outdoor Spaces
Relax on the oversized front porch or enjoy the expansive yard, perfect for gardening and playing. The property is fully fenced with a power gate and includes a separate fenced area for a dog yard.
Luxury Finishes and Features
- Luxury Vinyl Tile floors for durability and easy maintenance.
- Electric fireplace in the living room for year-round ambiance.
- Timeless white paint with warm custom cedar trim and knotty alder 8-foot doors.
- 13-foot vaulted ceiling in the living room with v-groove paneling and custom cedar beams.
Gourmet Kitchen
The dream kitchen features Taj Mahal quartzite on the island, a custom tile backsplash covering an entire wall, and a 6-foot window overlooking the front yard. High-end appliances, including a Dacor six-burner gas cooktop and a custom vent hood, create a kitchen worth savoring. Additional conveniences include panel front appliances, a microwave drawer, and an abundance of custom cabinets.
Luxurious Bathrooms and Functional Pantry
The statement powder room is adorned with a fully tiled backsplash, custom cabinet, quartz counter, and elegant pendant lighting. The guest bathroom features a custom tiled walk-in shower and a beautiful vanity wall.
The dream pantry offers extensive storage with custom cabinets, pull-out shelves, a drop zone quartz counter, and a tiled backsplash. The adjacent laundry room includes an oversized stainless steel sink, open shelves, and space for an extra refrigerator.
Flexible Living Spaces and Ample Storage
Above the garage, a versatile bonus room awaits, offering endless possibilities for additional living space. The home also includes an extra-large storage room, perfect for organizing seasonal decorations and other items.
Garage and Workshop Excellence
This home features an oversized attached two-car garage with custom storage and a workshop, perfect for all your projects and storage needs. Additionally, an oversized auxiliary three-car garage provides ample space for vehicles and additional storage. This auxiliary garage is larger than what is now allowed in Farragut but was grandfathered in as it was existing on the property when the home was custom-built in 2020.
Uncompromising Attention to Detail in Farragut
The attention to detail in this home is astonishing. No expense was spared when the owners custom-built this property, ensuring every element reflects luxury and quality.
Additional Features
- Superior wall precast crawl space with a concrete floor.
- High-energy efficient spray foam walls and roof.
- Modern electrical system with arc fault breakers.
- Seasonal and travel-friendly hose bib shut-offs.
- Water softener and underground sprinkler system.
- Hardy board siding and metal roof.
- Stained 8-foot doors and high-end cabinets (Mouser & Showplace).
This extraordinary custom home in Farragut, Tennessee, offers luxury, privacy, and unparalleled living spaces. Don’t miss the chance to make this exceptional property your new home.
For more information, to schedule a private showing, or for assistance with buying or selling a home in Farragut or anywhere in East Tennessee, contact Troy Stavros with CornerStone Realty Associates at 865-999-0925.
February 2024 Farragut, TN Real Estate Market Update: Expert Insights for Buyers & Sellers
CLICK HERE TO SEE ALL HOMES FOR SALE IN FARRAGUT, TENNESSEE
The Farragut, Tennessee, real estate market has presented a mixed bag of trends as of February 2024, offering unique opportunities and challenges for both buyers and sellers. Troy Stavros from Cornerstone Realty Associates brings us an in-depth analysis of the market dynamics, revealing essential insights that can guide your real estate decisions in this picturesque locale.
Farragut Home Sales and Prices on the Rise
Despite a slight 3.8% decrease in home sales compared to last year, the Farragut market has shown signs of heating up with a 33.3% increase in pending sales. This indicates a growing interest among buyers as we edge closer to the spring selling season. Notably, the median sales price has surged by 33.81% to $679,150, accompanied by an average sold price per square foot of $238. This upward trend in pricing is reflective of a strong demand, underscored by the significantly low inventory levels with an absorption rate of 1.85 months.
Inventory and Listings
A Seller’s Advantage The inventory of homes has seen a 22.2% increase, coupled with a 30.6% rise in new listings. This expanded inventory, while still low, presents a favorable scenario for sellers, offering them leverage due to the persistent demand. The market remains in a slight seller’s domain with the market action index at 42, signaling that prices are continuing to climb.
What’s Selling in Farragut?
The diversity in the Farragut market is evident from the sales distribution across various price ranges. The most sales were recorded in the $400,000 to $450,000 and $750,000 to $800,000 brackets, each with four sales. Pending sales were notably active in the $450,000 to $500,000, $350,000 to $400,000, and $650,000 to $700,000 price ranges. The highest inventory available falls in the $650,000 to $700,000 range, with 12 homes for sale, indicating a broader selection for buyers in this segment.
Insights for Buyers in Farragut
For buyers, the current market conditions suggest a competitive landscape, especially in the lower price segments, which are moving quickly with the lowest days on the market. With median days on market at 42 days, down from 77 at the beginning of February, buyers must act swiftly to secure properties in this fast-paced market. The varied inventory and new listings across different price points offer opportunities for buyers to find homes that meet their preferences and budget.
Tips for Sellers in Farragut
Sellers in Farragut are in a favorable position, thanks to the low inventory and high demand, especially in the lower price segments. To capitalize on this market, sellers should consider pricing their homes competitively, particularly if they are in the high-demand price ranges. Highlighting the unique features and value of their properties can also attract more buyers, especially as the market action index suggests a slight seller’s market.
Conclusion
The Farragut, Tennessee, real estate market is vibrant and evolving, with significant opportunities for both buyers and sellers. Whether you’re looking to purchase your dream home or sell your property at a premium, understanding the current market trends and dynamics is crucial. For personalized advice and the latest market updates, consider reaching out to a local real estate expert like Troy Stavros at Cornerstone Realty Associates. Call or text Troy at 865-999-0925.
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Remember, whether buying or selling, staying informed about the latest market trends in Farragut is key to making well-informed real estate decisions. For more insights and updates, keep an eye on the market and consult with professionals who can guide you through the intricacies of the Farragut real estate landscape.
Exclusive Farragut Find: Contemporary 3-Bed Luxury Home with Pool & Golf Club Access | Knoxville Golf Homes
One Level Living in Farragut’s Fox Den Subdivision
Embrace single-level sophistication and unmatched lifestyle offerings with this unique, contemporary gem nestled in Farragut’s serene Fox Den Subdivision. This elegantly designed home, a true rarity, boasts an expansive open floor plan accentuated by an abundance of natural light, creating an inviting atmosphere for both relaxation and entertainment.
Open Floor Plan Great For Everyday Living and Entertaining
Enter a world where spaces flow effortlessly into one another, creating a warm atmosphere of togetherness and convenience—ideal for both cozy get-togethers and lavish parties. The heart of this home is its breathtaking inground swimming pool, complemented by extensive patio and decking. Here, leisure and luxury converge, offering an unparalleled entertaining experience amid the tranquility of your private oasis.
Located on Knoxville’s Dogwood Trail and Next To Fox Den Country Club!
Located on a coveted lot along Knoxville’s Dogwood Trail, this home promises privacy and peace on a quiet street. Yet, it places you a mere 3-minute stroll from the exclusive amenities of the Fox Den Country Club. Imagine starting your day with a walk through your back gate to hit the private 18-hole golf course, perfecting your swing at the driving range, or enjoying the Clubhouse’s sumptuous restaurants. With access to an additional swimming pool and top-tier exercise facilities, your lifestyle is elevated to new heights of leisure and activity.
Live in the Heart of Farragut, Tennessee
Living here means you’re at the heart of Farragut, Tennessee—central, yet removed from the hustle and bustle. Everything you need is just minutes away: from shopping to schools, from gourmet restaurants to healthcare facilities. This home isn’t just a place to live; it’s a gateway to a lifestyle rich in relaxation and recreation.
Don’t miss the opportunity to own this one-of-a-kind contemporary home in the Fox Den Subdivision. It’s more than a residence; it’s a sanctuary designed for those who seek a lifestyle defined by elegance, convenience, and exclusive access to amenities that enrich life’s every moment.
Contact Troy Stavros with CornerStone Realty Associates for all your Farragut Real Estate Needs
Want to schedule a private showing? Have questions? Need to sell your own home? Contact Troy Stavros with CornerStone Realty Associates at 865-999-0925 today! We look forward to serving you.
Let’s look at the Farragut, TN Housing Market: Insights from January 2024
The Farragut, Tennessee housing market has shown some intriguing trends as we closed January 2024. Those considering buying or selling homes in Farragut should take note of these developments to make informed decisions. Despite a year-over-year decrease in home sales and pending sales, largely attributed to a significant winter storm, the market dynamics offer unique opportunities and challenges for both buyers and sellers.
For Farragut Buyers: A Silver Lining
Inventory has risen by 11.7% compared to last year, providing more options. However, with new listings down by 8.1%, competition remains fierce. The median sales price surged to $652,500, reflecting a robust demand for quality homes. Buyers should act decisively but also cautiously, ensuring their investments are sound.
For Farragut Sellers: A Seller’s Market
The absorption rate has decreased, indicating a seller’s market with less than two months worth of inventory available. This scenario, coupled with a median sales price increase, positions sellers advantageously. However, the market is not as heated as in previous years, emphasizing the need for correct pricing and openness to negotiation.
The Farragut Market’s Pulse
Sales spanned across various price points, with activity from the affordable to the luxury segments. The most active listings were in the $650,000 to $700,000 range, but diversity in inventory means there’s something for every buyer. The market action index places us in a slight seller’s advantage, tempered by higher interest rates affecting demand.
Forward-Looking Strategies
For those entering the Farragut real estate market, staying informed on inventory trends, pricing, and absorption rates is crucial. Buyers should be ready to move quickly on desirable properties, while sellers need to price homes competitively to attract serious offers.
Navigating the Farragut, Tennessee housing market requires a nuanced understanding of its current state and trends. Whether you’re looking to buy your dream home or sell for the best price, the January 2024 data offers valuable insights for strategic decision-making. As the market evolves, aligning with knowledgeable real estate professionals in Farragut can enhance your journey in this dynamic market.
Connect with a Farragut Market Expert
Navigating the Farragut housing market requires insight and expertise. Troy Stavros of CornerStone Realty Associates in Farragut, with a deep understanding of the Farragut real estate landscape, is poised to guide you through buying or selling your home. Whether you’re looking to capitalize on the seller’s market or find your dream home amidst competitive listings, Troy’s expertise can provide you with the edge you need. Contact Troy Stavros today at 865-999-0925 to discuss your real estate goals and strategize your next move in the Farragut market.
Farragut, Tennessee Housing Market Update: December 2023 (plus a year end review)
A Year in Review: Insights into Farragut's Real Estate Dynamics As 2023 draws to a close, the Farragut, Tennessee, real estate market presents a unique landscape for buyers, sellers, and homeowners. This video provides a synthesized overview of market trends, offering valuable insights as we head into 2024. Current Market Trends in Farragut Farragut's housing market in December 2023 shows some distinct trends: Price Adjustments: There's been a notable trend in home prices throughout the year, either trending upwards or showing signs of stabilization. Inventory Fluctuations: The availability of homes in Farragut has either increased, suggesting a buyer's market, or decreased, indicating a seller's market. Sales Velocity: The time homes spend on the market in Farragut might have changed, affecting how quickly sellers can expect to close a deal. Implications for Market Participants For Prospective Buyers: This information is crucial for those looking to purchase a home in Farragut. It can guide you in making timely decisions and negotiating the best deals. For Sellers: Sellers can use these insights to strategize their sales approach, from pricing to marketing their property. For Current Homeowners: Stay informed about your property’s value and the overall health of the Farragut real estate market. Forecast for 2024 Looking ahead, the Farragut housing market is expected to continue evolving. Potential buyers and sellers should stay informed about market conditions to make the most of their real estate investments. Conclusion Farragut's real estate market remains dynamic and attractive for various real estate activities. Whether you're buying, selling, or just keeping an eye on the market, staying up-to-date with the latest trends is crucial. For more personalized advice or detailed market insights in Farragut, contact Troy Stavros with CornerStone Realty Associates at 865-999-0925 today.