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Luxurious Modern Living in Tellico Village – Home for sale at 134 Kawga Way, Loudon, TN 37774

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134 Kawga Way, Loudon, TN 37774

$510,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,710 Lot Size (sq. ft.): 10,454 Status: Closed
Current Price: $510,000 List Date: 5/26/2024 Last Modified: 11/23/2024

Description

Welcome to your dream home, built in 2022 and enhanced with over $50,000 in stunning landscaping. This better-than-new, single-level residence offers 3 bedrooms and 2 baths within an open floor plan designed for both comfort and elegance. Step into the heart of the home: a chef's kitchen boasting upgraded black stainless appliances, including double ovens, a gas cooktop, refrigerator, and dishwasher. The kitchen features exquisite leathered granite countertops and a large walk-in pantry, seamlessly flowing into a vaulted family room adorned with a stone fireplace. The spacious owner's suite is a true retreat, with a custom tile shower with a glass door, double sinks, and a large walk-in closet. Additional conveniences include a dedicated laundry room and a smart home package with a Nest Thermostat, Ring Doorbell, and Simplisafe alarm system. Outdoor living is equally impressive, with a covered porch, paver patio, gas grill connected to a buried propane tank, and a cozy firepit for year-round enjoyment. The 3-car garage includes a workshop area and an extra parking pad in the front. This home's prime location offers walking access to shopping, churches, and restaurants, and it's just minutes from recreation centers and the lake. Nestled in the vibrant Tellico Village, you'll enjoy lifestyle amenities such as walking trails, a recreation center with an indoor pool, a wellness center with an outdoor pool, tennis courts, pickleball, a beach area, a marina, a yacht club, and much more! Don't miss the opportunity to make this exceptional property your own. Schedule your private showing today and experience the best of modern living in Tellico Village!

More Information MLS# 1263679

Location Tax Legal Info

House #: 134 Street Name: Kawga St Suffix: Way State/Province: TN Zip Code: 37774 PIN #: 058D D 021.00 Subdivision: Chota Hills Geo Lat: 35.696227 Geo Lon: -84.258767

Contract Info

Auction Y/N: No Listing Price: 514900 Current Price: $510,000 Status: Closed Listing Date: 2024-05-22

General Property Description

Type: Ranch Acres: 0.24 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1710 SqFt - Main Lvl: 1710 # Bedrooms: 3 Baths - Full: 2 # of Rooms: 6 Fireplace: Yes # Fireplace: 1 Property Status: N/A HOA: Mandatory HOA Fee: 176.24 HOA Freq: Monthly HOA Contact: 865-458-5408 Year Built: 2022 Bonus Room: No

Status Change Info

Status Change Date: 2024-11-23 Under Contract Date: 2024-10-08 Sold Date: 2024-11-21 Sold Price: $510,000

Property Features

Style: Traditional Construction: Block; Frame Siding: Stone; Vinyl Basement: Slab Lot Description: Golf Community; Level; Rolling Slope Fireplace: Gas Log; Stone Floors: Tile; Vinyl Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Gas Grill; Gas Stove; Microwave; Range; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Washer Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level; Split Bedroom; Workshop Misc Features: Cathedral Ceiling(s); Internet Available; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Exterior Features: Irrigation System; Patio; Porch - Covered; Prof Landscaped; Windows - Insulated Dining Area: Living Rm/Dining Rm Community Amenities: Architect Restricted; Boat Ramp; Club House; Dock; Exercise Room; Golf Course; Lake/Water Access; Picnic/Barbeque Area; Playground; Putting Greens; Rec Facilities; Swimming Pool; Tennis Courts; Other - See Remarks Association Fee Incl: Some Amenities Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; VA Loan

Room Information

Family Room Kitchen Dining Room Master Bedroom Bedroom 2 Bedroom 3 Utility Room Garage
Listing Office: CornerStone Realty Associates
Office Phone: 865-966-9700
Last Updated: November - 23 - 2024
134 Kawga Way, Loudon, TN 37774- MLS# 1263679
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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Welcome to your dream home, built in 2022 and enhanced with over $50,000 in stunning landscaping. This better-than-new, single-level residence offers 3 bedrooms and 2 baths within an open floor plan designed for both comfort and elegance.

Step into the heart of the home: a chef’s kitchen boasting upgraded black stainless appliances, including double ovens, a gas cooktop, refrigerator, and dishwasher. The kitchen features exquisite leathered granite countertops and a large walk-in pantry, seamlessly flowing into a vaulted family room adorned with a stone fireplace.

The spacious owner’s suite is a true retreat, with a custom tile shower with a glass door, double sinks, and a large walk-in closet. Additional conveniences include a dedicated laundry room and a smart home package with a Nest Thermostat, Ring Doorbell, and Simplisafe alarm system.

Outdoor living is equally impressive, with a covered porch, paver patio, gas grill connected to a buried propane tank, and a cozy firepit for year-round enjoyment. The 3-car garage includes a workshop area and an extra parking pad in the front.

This home’s prime location offers walking access to shopping, churches, and restaurants, and it’s just minutes from recreation centers and the lake. Nestled in the vibrant Tellico Village, you’ll enjoy lifestyle amenities such as walking trails, a recreation center with an indoor pool, a wellness center with an outdoor pool, tennis courts, pickleball, a beach area, a marina, a yacht club, and much more!

Don’t miss the opportunity to make this exceptional property your own. Contact Troy Stavros with CornerStone Realty Associates at 865-999-0925 to schedule your private showing today and experience the best of modern living in Tellico Village!

Tellico Village Real Estate Market Update: Trends and Insights for February 2024

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CLICK HERE TO SEE ALL TELLICO VILLAGE HOMES FOR SALE

As your local real estate experts at Cornerstone Realty Associates in Knoxville, we’re thrilled to bring you the latest insights into the Tellico Village housing market as of February 2024. Whether you’re considering buying a dream home in this vibrant community or selling your property, understanding the current market trends is crucial. Let’s dive into the latest data and see what it means for you.

Rising Home Sales and Pending Sales in Tellico Village

In an encouraging sign for the Tellico Village real estate market, home sales have risen by 4.8% year-over-year, with 22 homes sold in February 2024. Pending sales also show a healthy uptick of 6.9%, totaling 31 pending sales for the month. These increases suggest a growing demand for homes in this beautiful lakeside community.

Inventory and New Listings in Tellico Village

Currently, the inventory of available homes in Tellico Village has decreased by 19.5% compared to last year, with only 70 homes on the market. However, new listings have slightly increased by 3%, reaching 34 new listings in February. This decrease in inventory alongside an increase in new listings indicates a competitive market, where buyers and sellers must act swiftly.

Median Sales Price and Market Demand in Tellico Village

The median sales price in Tellico Village has seen a significant increase of 14.57%, now at $630,000. This rise, along with an average sold price per square foot of $278, reflects the high demand and value of homes in the area. The absorption rate, which measures how quickly homes are sold, has decreased from 2.69 months to 2.38 months of inventory, further signaling a strong demand.

Seasonal Trends and Price Points in Tellico Village

As we move into spring, traditionally a period of increased activity in the real estate market, we anticipate further interest in Tellico Village properties. Despite the current low inventory, the sustained demand keeps the market dynamic. Interestingly, the $600,000 to $650,000 price range has emerged as particularly active, leading in sales, pending contracts, and new listings.

Conclusion

Tellico Village continues to be a sought-after location for homeowners seeking a blend of luxury, comfort, and community. With home prices closely aligning with listing prices and a bustling market in the $600,000 to $650,000 range, now is an opportune time to consider your next move in real estate, whether buying or selling.

CLICK HERE FOR ACCESS TO MY WEEKLY HOUSING MARKET REPORT ON LOUDON, TN (Never miss a beat, search for ANY city and/or zip of interest, and click “Subscribe” to receive an update each week.)

For personalized advice and assistance in navigating the Tellico Village real estate market, reach out to me, Troy Stavros at Cornerstone Realty Associates at 865-999-0925. I’m here to help make your real estate journey in Tellico Village as smooth and successful as possible.

Navigating the Tellico Village Real Estate Market: Insights for January 2024

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Click here to see homes for sale in Tellico Village

In the picturesque setting of Tellico Village, the real estate landscape is as dynamic as ever, reflecting both challenges and opportunities for buyers and sellers alike. The January 2024 market update reveals a nuanced picture of the local housing scene, marked by a blend of declining sales, increasing pending transactions, and a slight uptick in median sales prices, indicating a resilient yet shifting market environment.

A Brief Overview

  • Sales Trends: Compared to January 2023, home sales have seen a downturn of 19%, with a total of 17 homes sold. This decrease is partly attributed to adverse weather conditions impacting sales activities.
  • Pending Sales: A silver lining comes with a 7.1% increase in pending sales, showcasing a robust demand and a promising start to the year.
  • Inventory Dynamics: The inventory of available homes has contracted by 9.2%, presenting a tighter market with 79 homes listed for sale.
  • Pricing Movements: The median sales price has modestly grown to $615,000, a slight increase of 0.82% year-over-year, highlighting the village’s enduring appeal.

Market Segments and Demand

Analyzing sales by price points, the $600,000 to $700,000 range emerges as the hotspot, with the highest number of transactions. This trend aligns with the active inventory and new listings, most of which cluster within the $450,000 to $700,000 price brackets, suggesting a concentrated demand in this segment.

Future Outlook

The Tellico Village real estate market is characterized by a delicate balance of supply and demand, with an underlying strength in several price segments. For potential buyers and sellers, understanding these dynamics is crucial for making informed decisions. Whether you’re contemplating selling your property or searching for your dream home in Tellico Village, staying abreast of the latest market trends is key to navigating this landscape successfully.

In summary, Tellico Village continues to be a vibrant community for real estate activity, despite the ebbs and flows of market conditions. With its beautiful settings, robust community life, and the current market dynamics, it remains an attractive destination for those looking to buy or sell homes.

Key Takeaways for Buyers and Sellers:

  • Buyers: The competitive segments, particularly homes priced between $450,000 and $700,000, offer a range of options but demand swift action due to the fast absorption rate.
  • Sellers: Despite a general slowdown in sales, certain price ranges, notably the mid to upper tiers, are witnessing strong demand, suggesting that well-priced homes in these segments can expect significant interest.

For those looking to navigate the complexities of the Tellico Village real estate market, understanding these trends is crucial. Whether you’re considering buying a dream home in this vibrant community or selling your property amidst shifting dynamics, expert guidance can make all the difference.

This is where Troy Stavros and the team at CornerStone Realty Associates come into play. With deep insights into the local market and a commitment to personalized service, they are ideally positioned to help you make informed decisions. Whether you’re drawn to Tellico Village for its stunning landscapes, recreational opportunities, or friendly community, Troy and his team can provide the expertise you need to capitalize on the current market conditions.

If you’re looking to buy, sell, or simply explore your options in Tellico Village, don’t hesitate to reach out to Troy Stavros with CornerStone Realty Associates for more information. His knowledge and experience can be your compass in the ever-evolving real estate landscape of Tellico Village.

Contact Troy Stavros at CornerStone Realty Associates today at 865-999-0925 to discuss how the latest market trends can influence your real estate decisions and how to best navigate the opportunities ahead.