BJ Can Help You Purchase This Home

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

7514 Rivertrace Blvd, Knoxville, 37920

Priced At: $1,799,000

Property Details for ID: 1308283



SqFt: 5,112
Price SqFt: $352
Total Bedrooms: 3
Full Baths: 5 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2025-07-13T16:12:15Z
Subdivision: Rivertrace

Public Remarks: You asked for it--here it is! Spectacular Fort Loudon Lakefront Estate - Luxury Living with Instant Equity in Knoxville, TN. Welcome to this breathtaking 5,112 sq ft lakefront masterpiece perfectly situated along 173 feet of prime shoreline on Fort Loudon Lake with a 600 sq ft covered dock with boat lift and electrical service and an additional 10' x 45' lakeside deck for entertaining. All this and offering multigenerational living options with a second living space in the finished walk out basement and an additional living quarters in the guest house/apartment. Septic rated for 3 bedrooms but you'll find 3 additional 'flex' rooms AND if you prefer you may connect to city sewer system. With over $480,000 in renovations in the past 18 months and a recent appraised value of $1.974M, this exceptional home is being offered well below appraisal, providing instant equity to the discerning buyer. If location is important, this one can't be beat. Downtown Knoxville is a quick commute and the airport is easily accessible or take the boat on the water to cruise and enjoy all this gorgeous area has to offer! MAIN LEVEL - LUXURY & LIGHT • Floor-to-ceiling stone fireplace anchors a grand living room with gorgeous hardwood flooring and oversized windows showcasing year-round panoramic lake views. • New kitchen features soft-close cabinetry, tile flooring, a massive quartz island, and brand-new appliances. • Primary main level suite includes a private office, spa-quality curbless tile shower with 8 body jets + foot wash, and a large walk-in closet. • A second bedroom on the main offers its own full en-suite bath ensuring comfort and privacy • Finishing out the main level is a convenient half bath and a very impressive full laundry room. LOWER LEVEL - PRIVATE SUITE & SECOND LIVING QUARTERS • Fully finished walk-out basement includes: • A second master suite with a private bath, walk-in closet, and French doors opening directly to the lake. • An additional bedroom and full bath, creating a fully self-contained living space. • Expansive open-concept living area with stone fireplace and two large glass doors facing the water. • A sleek new kitchen with granite island, new appliances, walk-in pantry, and a second laundry room. And if that's not enough space this gorgeous home offers a GUEST HOUSE - PRIVATE & SELF-SUFFICIENT • Above the garage sits a private guest suite/in-law suite or the perfect college apartment featuring: • Two bedrooms, a full bathroom, a new kitchen with pantry and appliances, and a cozy commons area. • A screened breezeway connects the guest house to the main home, offering covered outdoor entertainment space with stunning lake views. OUTDOOR PARADISE & FUNCTIONAL FEATURES • 600 sq ft covered dock with boat lift, electrical service, water spigot and an additional 10' x 45' lakeside deck for entertaining. You'll enjoy time on the covered decks all while taking in gorgeous water views! Parking for up to 10 vehicles, a 2-car garage, and a detached shed with skylight. • RECENT MAJOR UPGRADES • New roof, siding, gutters, HVAC units, and keyless entry on all exterior doors. • All bathrooms feature brand new vanities, showers, toilets, and modern fixtures. • Septic recently inspected, pumped and risers installed. NOTE: While most of the home has been extensively renovated, a few minor finishing touches remain, offering a unique chance for the next owner to personalize the final details of this remarkable property. This is more than a home - it's a lakefront lifestyle with room for multigenerational living and equity from day one. A property with this much to offer, located on the water, and at this price point is truly a rare find. If you're seeking quality, space, and serenity with immediate value, schedule your private showing today.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Craftsman
Type: Basement Ranch
Site Built: Yes
Year Built: 1978
Total Rooms: 15
SqFt (Total): 5,112
SqFt (Main Lvl): 1,900
SqFt (Down Lvl): 2,000
SqFt (2nd Flr Lvl): 1,212
Full Baths: 5
1/2 Baths: 1
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Walkout

  Exterior Features

Features: Balcony, Dock, Irrigation System, Porch - Covered, Porch - Enclosed, Porch - Screened, Prof Landscaped, Window - Energy Star
Construction: Block, Frame
Siding: Stucco, Vinyl, Wood

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

  Room Dimensions

  Interior Features

Dining Area: Eat-in Kitchen, KitchenDining Rm Co, Living RmDining Rm
Floors: Carpet, Hardwood, Tile, Vinyl
Other Rooms: 2nd Rec Room, Addl Living Quarter, Basement Rec Room, Bedroom Main Level, DenStudy, Extra Storage, Family Room, Great Room, LaundryUtility, Mstr Bdrm Main Level, Office, Split Bedroom, Sunroom, Workshop
Misc Features: Cathedral Ceiling, Internet Available, Island in Kitchen, Walk-in Shower, Walk-in Closets, WasherDryer Connect

  Property Details

Acreages: 1.23
Lot Description: Waterfront Access, River, Rolling Slope, Lakefront
View: Lakefront

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, New Loan, VA Loan

  HOA Information

Restrictions: Yes
HOA: Mandatory
HOA Fee: 200
HOA Freq: Yearly

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 2
Fireplace Type(s): Stone, Wood Burning
Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Basement, Garage Faces Rear, Off-Street Parking, On-Street Parking

  Community Features

Outbuildings

Guest House, Storage Shed

Presented By: / Realty Executives Associates

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From McGhee Tyson airport head towards Knoxville Rivertrace subdivision will be on the Right 3rd house on the left.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

Listing Id: (Click to View)
List Price:
Full Baths:
Half Baths:
Total Beds:
Total SqFt:
Address:
Public Remarks:


Mortgage Calculator

Loan Amount (80% of list price)

$

Term (in years)?

What will be the interest rate?

%


Instructions: Enter numbers and decimal points. No commas or other characters.


This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.

Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Experience Is Key

Licensed Real Estate Agent, I have the experience to solve problems that arise and the know how to avoid major pitfalls

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Knowledge Beyond Sales

From across town to across the country I have the expertise and knowledge to help with any real estate issue.

On-Time Guarantee

From showings to closing; I know that your time is valuable and our agents and staff will always strive to never keep you waiting.