Pat McCollum Can Help You Purchase This Home

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Pat McCollum is here to help!

7514 Rivertrace Blvd, Knoxville, 37920

Priced At: $1,870,000


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https://tour.panoee.net/683501c03a3177101c1d5af4/6835045e78c1e1d59e1fafbc

Property Details for ID: 1302341

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SqFt: 5,112
Price SqFt: $366
Total Bedrooms: 6
Full Baths: 5 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2025-05-26T07:15:29Z
Subdivision: Rivertrace

Public Remarks: Spectacular Fort Loudoun Lakefront Estate - Luxury Living with Instant Equity | $1,870,000 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 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.

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, Slab

  Exterior Features

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

  Appliances

Dishwasher, Range, Refrigerator

  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, Island in Kitchen, Walk-in Shower, Walk-in Closets

  Property Details

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

Utilities

Fuel Types: None

Financing

Finance Options: Cash, Conventional, FHA, New Loan, Second Mortgage, THDA, USDARural, VA Loan

  HOA Information

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

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 2
Fireplace Type(s): 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: / The Real Estate Firm, Inc.

Up Coming Open Houses

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

Directions

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



Your commute

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