Crown And Anchor Can Help You Purchase This Home

Thank you for choosing Crown And Anchor Reality! 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, Crown And Anchor is here to help!

8117 Carolina Cherry Lane, Knoxville, 37919

Priced At: $870,000

Property Details for ID: 1339217

Contact Us Schedule Showing Text Flyer Email Flyer

SqFt: 3,345
Price SqFt: $260
Total Bedrooms: 5
Full Baths: 5 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-05-02T00:32:01Z
Subdivision: The Reserve @ Penrose Farm

Public Remarks: 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.

Schools Information

Elementary School: Rocky Hill
Middle / Junior School: Bearden
High School: West

Building Description

Building Style: Traditional
Type: 2 Story
Site Built: Yes
Year Built: 2025
Total Rooms: 9
SqFt (Total): 3,345
SqFt (Main Lvl): 1,897
SqFt (2nd Flr Lvl): 1,348
Full Baths: 5
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: No
Basement Type: Slab

  Exterior Features

Features: Deck, Irrigation System, Porch - Covered, Windows - Insulated
Construction: Frame - Brick
Siding: Brick, Fiber Cement

  Appliances

Dishwasher, Disposal, Gas Range, Microwave, Range, Self Cleaning Oven, Tankless Wtr Htr

  Room Dimensions

Master Bedroom: Bedroom 2: Office: Kitchen: Dining Room: Living Room: Bedroom 3: Bedroom 4: Bedroom 5: Media Room: Bonus Room:

  Interior Features

Dining Area: Living RmDining Rm
Floors: Hardwood, Tile
Other Rooms: Bedroom Main Level, LaundryUtility, Mstr Bdrm Main Level, Office
Misc Features: Internet Available, Island in Kitchen, Pantry, Walk-in Shower, Walk-in Closets, WasherDryer Connect

  Property Details

Acreages: 0.21
Lot Description: Cul-De-Sac, Level
View: Other

Utilities

Fuel Types: Gas (Natural)

Financing

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

  HOA Information

Restrictions: Yes
HOA: Mandatory
HOA Fee: 250
HOA Freq: Yearly
HOA Contact: Rick Wilkinson

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 1
Fireplace Type(s): Gas Log, Insert
Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Attached, Garage Door Opener, Main Level

  Community Features

Other - See Remarks

Outbuildings


Presented By: / Weichert REALTORS Advantage Plus

Up Coming Open Houses

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

Directions

Kingston Pike or Northshore to Morrell, west on Nubbin Ridge to The Reserve at Penrose Farm past Wallace Rd on the left, L/ Penrose Farm Ln to L/ Carolina Cherry.



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.  We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.

Four Reasons to Use Crown And Anchor Realty

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

You Are Valued

We recognize that we are partners with our clients and as such, we strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, we already have a network of qualified purchasers looking for the right home or property.

On-Time Guarantee

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

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.