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East Tennessee Real Estate & Neighborhood Source

Charming Fox Den Cottage with Modern Upgrades and Outdoor Oasis – 12218 Torrey Pines Point

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Welcome to this quaint cottage-style home in the heart of Farragut’s prestigious Fox Den Subdivision. Located on a sought-after cul-de-sac just a short stroll from the Fox Den Country Club and its incredible amenities, this 4-bedroom, 3 full and 2 half-bath home offers the perfect blend of charm, convenience, and luxury living. Many recent updates, including: new roof (2025), freshly painted upstairs (2025), new carpeting on main stairwell and upstairs (2025), 2 new HVAC units (2019) and more. 

Step Into Your Dream Home

From the moment you walk through the door, you’ll fall in love with the open floor plan that effortlessly connects the beautifully renovated kitchen, dining, and living areas. The owner’s suite on the main level ensures convenience and privacy, while the additional three bedrooms upstairs provide space for family or guests.

This home also features a bonus room perfect for a home office, playroom, or extra bedroom, as well as a spacious rec room in the basement, ideal for a media room, game room, or home gym. With room for everyone and everything, this home is as functional as it is inviting.

Outdoor Living at Its Finest

The outdoor space is an entertainer’s dream! With multiple large patios, an outdoor fireplace, and lush landscaping, this home was designed for hosting gatherings or enjoying peaceful evenings under the stars. Plus, plans and approvals are already in place to build an artist’s cottage/outbuilding, with utilities ready to go. Whether you’re a creative professional or simply looking for extra space, this addition offers endless possibilities.

A Lifestyle Like No Other

Living in Fox Den means more than just owning a home—it’s about embracing a lifestyle. Just a short distance from your front door, you’ll find the Fox Den Country Club, where you can enjoy:

  • A championship golf course set against the stunning Smoky Mountain backdrop.
  • A state-of-the-art fitness center open 24/7.
  • Premier tennis and pickleball courts.
  • A resort-style swimming pool.
  • Multiple dining venues, from the family-friendly Tackett’s Terrace to the social and sophisticated Legends Patio. Whether you’re stopping by for a quick bite or soaking in the spectacular views of the 18th hole, dining at Fox Den is always a treat.

Prime Location in Fox Den

Situated at 12218 Torrey Pines Point, this home offers the peace of a quiet cul-de-sac with the convenience of being just steps from the vibrant heart of the community. Whether you’re an avid golfer, fitness enthusiast, or simply looking to enjoy the social atmosphere of Fox Den, this home delivers the perfect combination of location and lifestyle.

Don’t Miss Out

This thoughtfully updated home, with its charming cottage vibe, bonus room, rec room, and incredible outdoor space, is a rare find in Fox Den. With plans already in place for additional possibilities, it’s ready to meet your vision.

Schedule your private showing today and experience the charm, comfort, and lifestyle of 12218 Torrey Pines Point!

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12305 Singing Hills Point – Your Fox Den Dream Home Starts Here

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Nestled in the heart of Farragut’s highly sought-after Fox Den Subdivision, this pristine .58-acre lot offers a rare opportunity to design and build your custom dream home without the need for a teardown. Situated on a quiet, tree-lined cul-de-sac, the location provides serenity, privacy, and the perfect backdrop for a home designed with a walk-out basement. Opportunities like this are few and far between in Fox Den, so don’t let this one slip away!

A Lifestyle Like No Other

Living in Fox Den means more than just a home, it’s a lifestyle. This exclusive community is centered around the Fox Den Country Club, just a short stroll away. Perfectly suited for the avid golfer, fitness enthusiast, or those who enjoy socializing with friends and family, the Club offers something for everyone:

  • Championship Golf Course: Designed by renowned architect Willard Byrd in 1969 and masterfully redesigned by Bill Bergin in 2004, this 18-hole masterpiece is a golfer’s paradise. With rolling hills, scenic ponds, and views of the Smoky Mountains, each round is as inspiring as it is challenging. Multiple tees accommodate golfers of all skill levels, and the legendary 18th hole provides the perfect vantage point for members and guests alike.
  • State-of-the-Art Fitness Center: Open 24/7, the fitness center is fully equipped with cardio machines, free weights, and stretching areas, offering members a convenient and comprehensive workout experience.
  • Tennis & Pickleball: Boasting five premier clay courts and two lighted hard courts, Fox Den provides leagues, clinics, and programs for everyone from beginners to seasoned players.
  • Swimming Pool & Massage Therapy: Cool off in the pool during warm summer days or indulge in on-site massage therapy to unwind and recharge.

Dining with a View

Imagine this: you’re not in the mood to cook in your brand-new custom kitchen, or perhaps you’re stopping by to check on the progress of your build, Fox Den Country Club makes dining as convenient as it is enjoyable. With multiple dining venues catering to every occasion, you’re always just steps away from a delicious meal.

Whether you’re enjoying a casual family dinner on Tackett’s Terrace, savoring handcrafted cocktails at Ginty’s Bar, or mingling with friends at Legends and the Upper Patio, each space offers a sophisticated yet welcoming atmosphere. And with all dining areas overlooking the breathtaking 18th hole, every meal is served with a side of spectacular views, making it the perfect way to unwind after a busy day.

A Truly Unique Opportunity

This lot represents one of the final chances to build a custom home in the prestigious Fox Den Subdivision. With no need to tear down an existing structure, you can bring your dream home to life exactly as you envision it. The lot’s prime location—within walking distance to the clubhouse—ensures that you’re always just steps away from the vibrant heartbeat of the community.

Whether you’re drawn by the championship golf course, the state-of-the-art amenities, or the family-friendly atmosphere, 12305 Singing Hills Point offers the perfect canvas to create a home and lifestyle that’s second to none.

Act Now

With so few buildable lots remaining in Fox Den, this is truly a once-in-a-lifetime opportunity. Don’t miss your chance to join this exceptional community and enjoy everything it has to offer. Contact us today to learn more and take the first step toward making your dream home a reality.

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Knoxville & East Tennessee Real Estate SHIFT: May 2025 Market Update

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The East Tennessee real estate market is sending a clear signal: the frenetic, seller-dominated era is over. After years of intense competition, the data through May 2025 reveals a decisive shift towards a more balanced, traditional, and strategic market. For buyers, this means more options and renewed negotiating power. For sellers, it demands a new approach to pricing and presentation.

In our latest update, Troy Stavros of Cornerstone Realty Associates breaks down the critical numbers, trends, and forecasts for both the broader East Tennessee region and the Knoxville metropolitan hub. Here’s what you need to know.

The Big Picture: A Unified Shift to a Balanced Market

Across the region, the story is consistent. A surge in housing inventory, a slower sales pace, and moderating price growth have collectively tipped the scales. While the direction is the same, the velocity of this change differs, with the Knoxville market experiencing a more rapid and dramatic cooling-off period than its surrounding areas.

East Tennessee Housing Market: The Regional View (May 2025)

Looking at the entire East Tennessee area, the move towards balance is clear when comparing year-over-year data from May 2024 to May 2025:

  • Home Sales: Down 10.3%
  • Inventory of Homes: Up a significant 38.2%
  • Pending Sales: Up 13.9%
  • New Listings: Up 9.6%
  • Median Sales Price: Rose a modest 2.14% to $372,825
  • Absorption Rate: Increased to 4.43 months of inventory, placing the region firmly in a balanced market (traditionally 4-6 months).

A Closer Look: The Knoxville, TN Market (May 2025)

For properties with a Knoxville address, the trends are even more pronounced, signaling a faster correction:

  • Home Sales: Down 10.8%
  • Inventory of Homes: Skyrocketed by 57.5%
  • Pending Sales: Up 13.6%
  • New Listings: Up 11.8%
  • Median Sales Price: Rose 2.07% to $407,500
  • Absorption Rate: Increased to 2.63 months of inventory. While technically still a seller’s market, it’s heading towards balance at a much faster speed.

Knoxville vs. East Tennessee: A Tale of Two Markets

While both markets are cooling, Knoxville is doing so more dramatically.

  • Pace of Slowdown: Knoxville’s absorption rate grew by 51.15% year-over-year, far outpacing the regional increase of 35.89%. This shows the gap between inventory and sales is widening much more quickly in the city.
  • Days on Market: The median days on market in Knoxville surged by 71.43% (from 7 to 12 days), while the regional median saw a more moderate increase of 42.86% (from 14 to 20 days).
  • Seller Adjustments: Sellers in Knoxville are reacting more aggressively. The median list price in Knoxville fell by 5.37%, a much steeper drop than the regional decline of 0.69%, signaling intense competition.

Key Advice for Sellers in Today’s Market

The market no longer guarantees a quick, above-asking-price sale. Strategy and realism are your keys to success.

  1. Price Aggressively & Accurately: This is the single most important factor. With a 5.37% drop in the median list price in Knoxville, you are competing against sellers who are already adjusting downward. Price your home correctly from day one to avoid languishing on the market.
  2. Invest in Presentation: With surging inventory, your home must stand out. Professional photography, decluttering, and ensuring your home is in pristine, move-in-ready condition are no longer optional—they are essential.
  3. Be Patient & Prepared to Negotiate: The days of reviewing multiple offers in a single weekend are fading. Expect an average market time of around 60 days in the broader region. Be prepared for a sale to take weeks, not days, and expect to negotiate on price and terms.

A Window of Opportunity: Key Advice for Buyers

This is the most advantageous market for buyers in several years. You are in a position of strength.

  1. Take Your Time & Explore Options: The fear of missing out (FOMO) has subsided. The significant increase in inventory means you can be more deliberate, compare properties thoroughly, and avoid rushed decisions.
  2. Exercise Your Negotiating Power: The data confirms that sellers are more flexible. Don’t hesitate to submit offers below the list price and include important contingencies for inspections and financing. Pay close attention to a property’s “days on market”—a higher number often indicates a more motivated seller.
  3. Don’t Mistake a Balancing Market for a Crashing One: Prices are not in a freefall; they are still appreciating modestly. Waiting on the sidelines for a major price crash is a risky strategy that may not pay off. The real opportunity is the combination of more choice and reduced competition.

Looking Ahead: 6-Month Real Estate Forecast (June-December 2025)

The market normalization seen through May is expected to continue and solidify over the next six months.

  • Inventory Will Continue to Rise: Driven by new listings and longer selling times.
  • Price Growth Will Decelerate: Projections suggest modest annual price growth in the low single digits (2-3%).
  • Seller Concessions Will Become Commonplace: Expect to see more sellers offering to cover closing costs or reducing their asking price.
  • Mortgage Rates Remain the Biggest Variable: Most forecasts predict rates will hover in the mid-to-high 6% range. Any stabilization will help the market, but the era of ultra-low rates is firmly in the past.

Have Questions About Your Specific Situation?

Whether you’re considering selling your property or looking to buy a home in East Tennessee, navigating this shifting market requires expert guidance. Understanding the nuances of a specific neighborhood or price point is key to making a successful move.

If you have questions about this data or want to discuss your specific real estate goals, don’t hesitate to reach out.

This market update was provided by Troy Stavros with Cornerstone Realty Associates. For a personal consultation, please find our contact information below.

Contact me at 865-999-0925 or email Troy@865realestate.com

Farragut, TN Real Estate Market Update: April 2025 Trends for Buyers and Sellers

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Are you considering buying or selling a home in Farragut, Tennessee? This affluent Knoxville suburb continues to be one of the most desirable real estate markets in East Tennessee. With its combination of luxury homes, strong demand, and steady market trends, Farragut offers unique opportunities for both buyers and sellers.

In this April 2025 market update, we’ll dive into the latest data, trends, and insights to help you make informed real estate decisions.

Farragut Real Estate Market Overview

The Farragut housing market remains robust, with strong demand for premium properties. While there are slight signs of cooling, such as an increase in the absorption rate, the market still leans toward sellers. Here’s a breakdown of the key metrics as of April 2025:

1. Inventory and Absorption Rate

  • Active Listings: Around 100 properties, remaining stable.
  • Absorption Rate: Increased by 11.66% year over year to 2.49 months.

What This Means:

  • For Sellers: While the market remains strong, homes may take slightly longer to sell compared to last year. Competitive pricing and preparation are critical.
  • For Buyers: The slight rise in the absorption rate offers more room for negotiation compared to 2024, but the market is still competitive.

2. Pricing Trends

  • Average List Price: Increased by 4.27% to $868,857.
  • Median List Price: Declined by 5.53% to $721,743, indicating sellers are adjusting prices to match buyer expectations.
  • Average Sale Price: Increased by 12.49% to $767,214, reflecting strong demand for high-end homes.
  • Median Sale Price: Increased slightly by 1.37% to $664,000.

What This Means:

  • For Sellers: Luxury and high-end properties are in demand, but pricing competitively is essential to attract buyers quickly.
  • For Buyers: Rising sale prices indicate strong competition for quality homes. Act quickly on well-priced properties to avoid losing out.

3. Days on Market

  • Average Days on Market: Decreased by 25.53% to 35 days, showing homes are selling faster.
  • Median Days on Market: Increased by 50% to 6 days, suggesting some homes linger due to pricing or desirability.

What This Means:

  • For Sellers: Well-priced and prepared homes are selling quickly, while overpriced properties are taking longer to sell.
  • For Buyers: Competitive pricing is key—homes that are priced right move fast, so be ready to act decisively.

4. Sale-to-List Price Ratio

  • Sale-to-Original List Price: Just under 98%, indicating minimal concessions during negotiations.
  • Sale-to-Final List Price: Reflects similar trends, with homes selling close to their final list prices.

What This Means:

  • For Sellers: Pricing your home strategically from the start avoids the need for price reductions, helping ensure quicker sales.
  • For Buyers: Expect to pay near the asking price for desirable homes, as there is limited room for negotiation.

5. Price Volume Trends

  • Active List Volume: Increased slightly due to higher average list prices.
  • Sold Volume: Increased significantly, driven by higher average sale prices and steady demand.

What This Means:

  • For Sellers: Strong demand, particularly in the luxury market, means higher price points and faster sales.
  • For Buyers: Be prepared to act quickly and pay premiums for high-end properties.

Conclusions for Buyers and Sellers

For Sellers

  1. Strong Demand: Farragut remains a desirable market with rising sale prices and faster sales for well-prepared homes.
  2. Competitive Pricing: While the market favors sellers, overpriced homes may linger longer. Price strategically to attract buyers.
  3. Luxury Opportunities: High-end properties are in demand, with buyers willing to pay premium prices for desirable homes.

For Buyers

  1. Act Quickly: Homes are selling faster than last year, especially those priced competitively. Be prepared to move fast.
  2. Limited Negotiation: Expect to pay close to the asking price, as sellers maintain pricing power.
  3. Prepare for Premiums: The rise in average sale price highlights strong competition, particularly in the luxury segment.

Farragut Market Outlook

The Farragut real estate market remains robust, driven by strong demand for premium homes. While there are slight signs of cooling, such as the increase in absorption rate, the market still clearly favors sellers. Buyers should act decisively and be prepared for limited concessions, while sellers can capitalize on demand by pricing homes strategically and presenting them well.

Why Work with a Farragut Real Estate Expert?

Navigating the competitive Farragut housing market requires local expertise. Whether you’re buying or selling, working with a knowledgeable real estate professional ensures you make the most of your opportunities.

At Cornerstone Realty Associates, we specialize in Farragut real estate, offering personalized guidance to help you achieve your goals.

Ready to Buy or Sell in Farragut, TN? Contact Us Today!

📞 Phone: 865-999-0925
📧 Email: troy@865realestate.com
🌐 Website: 865realestate.com

Let’s make your real estate journey in Farragut a success!

April 2025 Knoxville & East Tennessee Housing Market Update: What Buyers and Sellers Need to Know

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Are you planning to buy or sell real estate in Knoxville or East Tennessee in 2025? With the latest housing market data in hand, you can make informed decisions that align with current trends in the area. In this market update, we’ll break down the key insights from April 2025, including inventory levels, price trends, and market conditions for both buyers and sellers.

Whether you’re a first-time buyer, seasoned investor, or a homeowner ready to sell, here’s everything you need to know about the Knoxville and East Tennessee real estate markets.

Knoxville Housing Market: Cooling but Still Favoring Sellers

The Knoxville housing market is showing signs of cooling, but it remains a slight seller’s market. Here are the latest stats comparing April 2025 to April 2024:

  • Home Sales: Down 15.4% year over year.
  • Pending Sales: Up 10.9%, showing steady buyer interest.
  • Inventory Growth: Up 61.4%, giving buyers more options.
  • Median Sales Price: Increased 4.94% to $404,000.
  • Average Price Per Square Foot: $234 per square foot.
  • Absorption Rate: Rose to 2.38 months, reflecting a slight shift toward balance but still favoring sellers.
  • Days on Market: Average days on market increased by 44.12% to 49 days, signaling a slower pace for home sales.

What This Means for Sellers in Knoxville

Sellers in Knoxville need to adapt quickly to changing conditions by pricing homes competitively and ensuring properties are well-prepared for listing. While prices are still rising, the increase in inventory and absorption rate indicates growing buyer leverage.

What This Means for Buyers in Knoxville

With more inventory and slower sales, buyers have greater negotiating power. However, desirable homes are still selling quickly. Acting decisively on well-priced properties is key to securing your dream home.

East Tennessee Housing Market: A Steady Transition Toward Balance

Compared to Knoxville, the East Tennessee market is transitioning more gradually, moving closer to a balanced market. Here’s the year-over-year data for April 2025:

  • Home Sales: Down 12.5% compared to April 2024.
  • Pending Sales: Up 13.7%, reflecting active buyer interest.
  • Inventory Growth: Up 39.4%, giving buyers more options.
  • Median Sales Price: Increased 6.23% to $375,000.
  • Average Price Per Square Foot: $227 per square foot.
  • Absorption Rate: Rose to 4.07 months, nearing a balanced market.
  • Days on Market: Average days on market increased by 16.98% to 62 days, while the median rose 53.33% to 23 days.

What This Means for Sellers in East Tennessee

Sellers in East Tennessee can take a more patient approach compared to Knoxville. With homes taking longer to sell, focusing on property presentation and strategic pricing is crucial. The market is nearing balance, but sellers can still benefit from price appreciation.

What This Means for Buyers in East Tennessee

Buyers have more time to evaluate properties as the market stabilizes. While the slower pace offers more flexibility, competitive pricing means there’s less room for dramatic discounts.

Key Trends Driving the Knoxville and East Tennessee Housing Markets

1. Growing Inventory Levels

Both Knoxville and East Tennessee are experiencing rising inventory levels, providing buyers with more options. However, Knoxville’s faster absorption rate increase (52.2% year over year) suggests a more rapid market adjustment compared to East Tennessee’s slower pace (29.25%).

2. Seasonal Market Upswing

Spring is the busiest time for real estate, and both markets are benefiting from seasonal demand. Pending sales have increased significantly in Knoxville, jumping from 488 in February to 666 in April, highlighting strong buyer activity.

3. Pricing Trends

  • Knoxville: Median sales price rose by 5.19% to $405,000, while the median list price declined by 3.25%. This suggests sellers are adjusting expectations to attract buyers.
  • East Tennessee: Median sales price increased 6.23% to $375,000, with a modest 1.24% rise in list prices. Sellers here are maintaining steadier pricing strategies.

4. Affordability Challenges

Rising prices and high mortgage rates (currently hovering around 6.92%) are creating affordability challenges for many buyers. The “lock-in effect” is also keeping some potential sellers on the sidelines, as 72% of homeowners with mortgages have interest rates below 5%.

County-Specific Market Insights

Here’s a quick overview of housing trends in surrounding East Tennessee counties:

  • Knox County: Inventory up 57.6%, pending sales up 12.2%, and median sales price up 7.08% to $401,547.
  • Roane County: Inventory up 29.3%, pending sales down 12.3%, and median sales price down 1.5% to $319,000.
  • Anderson County: Inventory up 37.6%, pending sales up 14%, and median sales price down 0.5% to $297,500.
  • Loudon County: Inventory up 65.8%, pending sales down 4.3%, and median sales price up 4.98% to $527,500.
  • Sevier County: Inventory up 18.1%, pending sales down 5.7%, and median sales price down 3.81% to $525,000.
  • Blount County: Inventory up 51.2%, pending sales up 19.6%, and median sales price up 6.84% to $406,000.

Opportunities and Challenges for Buyers and Sellers

For Sellers

  • Knoxville: Price your home competitively and prepare it well to stand out in a cooling market.
  • East Tennessee: Be patient with longer selling times, but focus on presentation and pricing to attract buyers.

For Buyers

  • Knoxville: Leverage increased inventory and negotiate strategically, but act quickly on desirable properties.
  • East Tennessee: Take advantage of a balanced market to explore more options, but don’t expect deep discounts.

National Market Context: How Knoxville and East Tennessee Compare

Nationally, the housing market is seeing more metro areas with falling home prices. However, Knoxville and East Tennessee continue to experience year-over-year price appreciation.

Despite low national home sales (near historic lows since 1995), East Tennessee’s resilience reflects strong local demand and steady market conditions.

Final Thoughts: Steady as She Goes

The Knoxville and East Tennessee housing markets are adapting to increased inventory and shifting buyer behavior. Knoxville is cooling faster, while East Tennessee’s transition is more gradual.

Whether you’re buying or selling, understanding these nuanced trends is key to making informed decisions. If you’re ready to take the next step in the Knoxville or East Tennessee real estate market, contact Troy Stavros with Cornerstone Realty Associates for expert guidance.

Looking to buy or sell in Knoxville or East Tennessee? Let’s make your real estate goals a reality. Reach out today for personalized advice and support!

Contact Troy Stavros, Cornerstone Realty Associates
📞 Phone: 865-999-0925
📧 Email: troy@865realestate.com

Luxury Golf Course Home for Sale | 412 Heathermoor Drive – Fox Den Country Club – Farragut TN

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Stunning Golf Course Estate in Farragut’s Exclusive Smithfield Subdivision

Welcome to your dream home—a true masterpiece of luxury and elegance nestled on the prestigious Fox Den Country Club Golf Course. Located in the sought-after Smithfield subdivision, this home offers an unparalleled lifestyle where tree-lined streets, friendly sidewalks, and meticulously kept yards create the perfect neighborhood atmosphere. Just 5 minutes from premier shopping, dining, top-rated schools, and healthcare, this property combines convenience with a serene retreat-like setting that feels worlds away. Boasting over 6,400 square feet, this home features 5 spacious bedrooms, 5 full baths, and 2 half baths, offering plenty of room for family and guests. Step through stately steel doors into a home designed for both comfort and grandeur. Gorgeous hardwood floors guide you through expansive spaces perfect for entertaining, including an oversized kitchen built for gathering and a breathtaking two-story great room highlighted by a floor-to-ceiling stone fireplace—just one of five fireplaces throughout the home. The main-level owner’s suite is a private oasis, offering a grand retreat with luxurious finishes, including a spa-like bathroom with a steam shower that will leave you completely refreshed and rejuvenated. Upstairs and downstairs, you’ll find additional bedrooms, bonus rooms, and flexible spaces to accommodate family, guests, or your creative pursuits. But the true crown jewel of this home awaits you out back. Step onto the enormous covered stone patio and take in the stunning views of the lush fairways, manicured greens, and shimmering lake. Host unforgettable evenings around the two outdoor stone fireplaces, or simply relax and soak in the beauty of your golf course-front sanctuary. This home is more than a residence—it’s a lifestyle. With its timeless luxury, modern amenities, and unbeatable location, it’s the perfect place to call home. Schedule your private tour today and make this extraordinary property your own.