7 months on rocket

12914 Farmgate Ln, Knoxville, TN, 37934

$3,495,000

5 Bedrooms
6 Full Baths, 3 Partial
8,469 SqFt
$413/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Main Level
Garage3 spaces
Year Built2017
HeatingCentral, Natural Gas, Zoned
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceGas, Brick, Stone, Wood Burning
ViewTrees/Woods
MLS #1260647
Lot Size0.99 Acres
StatusActive

About 12914 Farmgate Ln

This elegant masterpiece sits on one of the few double lots available in the luxurious Bridgemore subdivision. Just shy of one acre (.99) the space and privacy you'll enjoy in this home is truly breathtaking. The architect brilliantly designed the home to fit seamlessly with the land, and it is designed for you to relax intimately with family and friends, yet easily switch gears, and entertain on a grand scale! With custom finishes and crafted millwork throughout the 8499 sq ft home, you truly have everything needed to live the highest quality life. The open floor plan on the main level features a large office with custom cabinetry, and not one, but two comfortable living areas each with their own fireplace. Step outside onto the covered porch and enjoy the beautiful brick arches, with an outdoor kitchen and fireplace - perfect for entertaining guests on those amazing East Tennessee fall evenings. Back inside, find the spacious, gourmet chef's kitchen that is carefully curated for efficacious style. This space boasts double islands, a Thermadore range, double ovens, plentiful cabinet and counter space, a built in Miele espresso machine, an expansive walk-in pantry, butler's pantry, and an elegant formal dining room. Finishing out the main level is the primary bedroom suite; this wonderfully designed respite from everyday stresses has views of the woods, a luxurious spa bathroom, and custom double closets, making it the perfect place to unwind. The 2nd level of the home boasts three additional bedroom suites with three full bathrooms, and a large bonus room complete with a wet bar. This floor is designed for your family to have their own spaces to relax in. There is also a surprise on the second floor! There is 951 sq ft of unfinished space that can be easily finished adding additional living quarters if needed (owners have plans). It is a space large enough to efficiently turn into whatever you want - this is such a wonderful bonus in a house of this quality! As we travel downstairs from the main level we encounter the entertainers dream, with a full sized bar and a huge entertainment area in which to watch the game or play games!! OR you can step away and relax in the exquisitely finished wine cellar. This level has so much to offer with rooms that branch off into a second laundry room with a built-in dog washing station, a workout room and full gym, another bedroom suite for your guests, a crafting station where you can store all your favorite holiday essentials, and more storage than you could possibly need!! Next we turn our attention to the crown jewel of this exquisite home - THE WORLD CLASS BACK YARD AND POOL!! - This outdoor space is amazing and the possibilities are endless. Relax in luxury as you enjoy the wooded park like setting, the gas firepit, swimming in the multilevel gunite pool and spa, or just sunbathing while enjoying the serenity of this private oasis. To the right of the pool is the beautifully manicured lawn that is perfect for playing ball or putting up a commercial sized tent and having a ball! Just another example of how this home can seamlessly switch from living your best life with your family and hosting the best party in Knoxville! Please reach out to the list agent to schedule your private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2017
  • Living Area: 8,469 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Grill, Gas Oven, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Pantry, Walk-In Closet(s), Wet Bar, Breakfast Bar, Eat-in Kitchen
  • Fireplace: Gas, Brick, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Irrigation System, Window - Energy Star, Windows - Storm, Windows - Insulated, Fenced - Yard, Patio, Pool - Swim (Ingrnd), Porch - Covered, Prof Landscaped, Balcony

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, Main Level

Virtual/3D Tour

  • 3D Tour: 12914 Farmgate Ln
3D Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Private, Wooded
  • Lot Size: 0.99 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Zoned
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: I-40 W to Watt Road. Exit right Watt road to Old Stage Road and turn left. Turn right onto McFee Road. Go through the round about and you will see the subdivision Bridgemore on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,495,000
  • Price Per SqFt: $413/SqFt

Tax Information:

  • Annual Amount: $8,618
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Farragut, TN.

Med. Sold Price

$699.9K

Med. Price/SqFt

$227

Avg. Days On Market

42

# of Sold Homes

22

12914 Farmgate Ln vs Farragut

236 DAYS ON ROCKET

+194 Days

$3,495,000

+$2.7M More

$413/SqFt

+$185 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $185/SqFt more than other homes in Farragut, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1260647

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 06, 2021Home Sold
$2,550,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,618$406,525
2019$8,618$406,525
2017$994$46,875

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4519209
7
/10
  • Farragut Intermediate School

  • 208 W End Ave

  • 3.56 miles

  • Public District Grades 3-5

school-card-donut-4519210
7
/10
  • Highland Park Elementary School

  • 4404 Highway 11 E

  • 4.24 miles

  • Public District Grades PK-4

school-card-donut-4519211
3
/10
  • Lenoir City Elementary School

  • 203 Kelly Ln

  • 5.24 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $131,217. Typical income of Farragut, TN residents is between $100k-200k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12914 Farmgate Ln

What is the listing price of this property?

The listing price of 12914 Farmgate Ln property is $3,495,000.

What type of property is this?

The property 12914 Farmgate Ln is a house located in Knoxville, Tennessee, 37934.

Is this property for sale now?

Active Listing: 12914 Farmgate Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,618 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 6, 2021 for $2,550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12914 Farmgate Ln has 5 bedrooms and 6 full and 3 half bathrooms.

What is the square footage of this property?

The property 12914 Farmgate Ln is 8,469 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12914 Farmgate Ln is 2017.
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Rocket HomesTennesseeKnox CountyFarragut3793412914 Farmgate Ln

This home is located at 12914 Farmgate Ln in Knoxville, TN and zip code 37934 in the Bridgemore neighborhood. This 8,469 square foot home, which was built in 2017, sits on a 0.99 acre lot. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $3,495,000.

In November 2024 more than 4 listings in Farragut, TN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 13 were sold below. In November 2024 in Farragut, TN there were 10.7% less homes for sale than in October 2024. Listings spent 42 days on the market in November 2024, and had a median list price of $699,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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