SPECIAL BUILDER FINANCING AVAILABLE AS LOW AS 5.875%*! Welcome to 8117 Carolina Cherry Lane, the only completed, move-in-ready new construction home currently available in The Reserve at Penrose Farm. With only four homesites remaining for future construction, this is a rare opportunity to move into a brand-new West Knoxville home without waiting through the building process. Offering 5 bedrooms, 5 baths and approximately 3,345 square feet, this thoughtfully designed home combines everyday functionality with elevated finishes. The light-filled main level features a privately situated owner's suite, dedicated home office and flexible additional space that can adapt as a playroom, study, music room or second office. The kitchen serves as the heart of the open living area with generous workspace, a large gathering island and walk-in pantry. Hardwood and tile flooring, tall ceilings and detailed finishes create a polished yet comfortable environment for daily living and entertaining. Upstairs, additional bedrooms provide privacy for family or guests, while a spacious bonus room and separate media room offer exceptional flexibility for movie nights, recreation, hobbies or another living area. Outside, the covered patio overlooks a level, usable backyard with irrigation and a newly planted landscape buffer designed to provide increasing privacy as it matures. The home's convenient 37919 location places shopping, dining, schools, parks and West Knoxville amenities just minutes away. If you have been waiting for a spacious new home with a main-level owner's suite, flexible living areas and immediate occupancy, this is your opportunity. Schedule your private showing and ask about the builder-sponsored financing program available through the preferred lender. *Builder-sponsored financing is available to qualified buyers through Rick Wilkinson with Mortgage Direct. Advertised 5.875% interest rate and 6.23% APR are based on a 30-year fixed-rate conventional loan as of 8/14/26. Buyer must qualify for financing and satisfy applicable credit, underwriting, loan-to-value and loan-program requirements. Terms, rates and availability are subject to change without notice. Builder contributions are subject to applicable loan-program limits and final lender approval. Contact the lender for complete terms, costs and eligibility requirements.
Active
- Price
- $ 870,000
- City
- Knoxville
- Bedrooms
- 5
- Full Bathrooms
- 5
- County
- Knox
- Half Bathrooms
- 0
- Area
- Knox County
- Lot Size
- 0.21 Acres
- Zip
- 37919
- Sqr Footage
- 3,345
- Year Built
- 2025
- Taxes
- $ 155
- Style
- Traditional
- MLS#
- 1339217
Features
General
Interior Features
Exterior Features
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
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Knoxville, TN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 37919
Areas That We Cover
- Alcoa
- Allardt
- Andersonville
- Blaine
- Bristol
- Caryville
- Clinton
- Corryton
- Deer Lodge
- Duff
- Duffield
- Farragut
- Friendsville
- Greenback
- Harriman
- Heiskell
- Helenwood
- Huntsville
- Jacksboro
- Jellico
- Kingston
- Knoxville
- Kodak
- Lafollette
- Lake City
- Lancing
- Lenoir City
- Loudon
- Louisville
- Luttrell
- Maryville
- Mascot
- Maynardville
- Midtown
- New Tazewell
- Newcomb
- Norris
- Oak Ridge
- Oakdale
- Oliver Springs
- Oneida
- Petros
- Philadelphia
- Pioneer
- Powell
- Robbins
- Rockford
- Rockwood
- Rocky Top
- Rugby
- Rutledge
- Sevierville
- Seymour
- Sharps Chapel
- Speedwell
- Strawberry Plains
- Sunbright
- Sweetwater
- Tallassee
- Ten Mile
- Townsend
- Vonore
- Walland
- Wartburg
- Washburn
- Winfield
8117 Carolina Cherry Lane Knoxville, TN is a Single Family Home for sale at $870000 with 3345 sqft and a lot size of 0.21 Acres Acre(s). 8117 Carolina Cherry Lane Knoxville has 5 bedrooms, 5 baths and was built in 2025. The property's zip code is 37919 which is in Knoxville, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.