7514 Rivertrace Blvd, Knoxville, TN 37920 - Southern Dreams Home Group

$1,799,000

Spectacular Fort Loudoun Lakefront Estate - Luxury Living with Instant Equity $1,799,000 Welcome to this breathtaking 5,112 sq ft lakefront masterpiece nestled along 173 feet of prime shoreline on Fort Loudoun Lake. With over $480,000 in renovations in the past 18 months and a recent appraised value… Read More of $1.974M, this exceptional home is being offered below appraisal, providing instant equity to the discerning buyer. MAIN LEVEL - LUXURY & LIGHT • Floor-to-ceiling stone fireplace anchors a grand living room with 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 suite includes a private office, spa-quality curbless tile shower with 8 body jets + foot wash, and a large walk-in closet. • A second main-level bedroom with its own full en-suite bath offers comfort and privacy for guests. • Convenient half bath, full laundry room, and striking open-concept flow complete the main level. 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. GUEST HOUSE - PRIVATE & SELF-SUFFICIENT • Above the garage sits a private guest suite/in-law quarters 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 space with stunning lake views. OUTDOOR PARADISE & FUNCTIONAL FEATURES • Parking for up to 10 vehicles, a 2-car garage, and a detached shed with skylight. • 600 sq ft covered dock with boat lift, electrical service, water spigot and an additional 10' x 45' lakeside deck for entertaining. 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 beautifully renovated, a few minor finishing touches remain, offering a unique chance for the next owner to personalize the final details of this remarkable property. Sellers must move due to employment, therefore unable to complete these final few improvements and offering the property at a discount. This is more than a home - it's a lakefront lifestyle with room for multigenerational living and equity from day one. If you're seeking quality, space, and serenity with immediate value, schedule your private showing today. Read Less

Courtesy of The Real Estate Firm, Inc..Tina Ray

Listing Snapshot

Days Online

Last Updated

Jun 23, 2025

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

5,112

Lot Size

1.23 Acres

Year Built

1978

MLS Number

1302341

30 Days Snapshot Of 37920

$388k

+4%

(avg) sold price

+100%

homes sold

+6%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

"Finished", "Slab"

Building

Built in 1978, Building area total: 5,112, Architectural style: "Craftsman"

Cooling

"Central Cooling"

Exterior Features

"Prof Landscaped", "Balcony", "Dock"

Fireplaces

"Wood Burning"

Floors

"Carpet", "Hardwood", "Vinyl", "Tile"

Garage

2 spaces

Heating

"Central"

Home Owner's Association

Association fee: $200

Interior Features

"Walk-In Closet(s)", "Cathedral Ceiling(s)", "Kitchen Island", "Eat-in Kitchen"

Lot

1.23 acres, 53,579 square feet, Area: 1, "Lake/Water Access", "River", "Lakefront"

Parking

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

Sewer

"Septic Tank"

Windows

"Window - Energy Star"

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