6 months on rocket

3498 Rankin Ferry Loop, Louisville, TN, 37777

$6,750,000

7 Bedrooms
5 Full Baths, 2 Partial
9,756 SqFt
$692/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Designated Parking, Basement, Main Level
Garage10 spaces
Year Built1938
HeatingGeothermal, Propane, Zoned, Other, Electric
CoolingCentral Air, Zoned
BasementYes
WaterfrontWater Access, Pond, Lake Front
FireplaceGas
ViewTrees/Woods, Other, Lake
MLS #1261084
Lot Size10.00 Acres
StatusActive

About 3498 Rankin Ferry Loop

Welcome to Circle B Farm, where the past meets the present in a seamless and unique manner. Undisputedly one of the finest lakefront estates in East Tennessee, dating back to the late 1930's. The estate is placed on 10+ acres of pristine land at the foot of the Great Smoky Mountains and perfectly seated overlooking the Tennessee River. One of the most captivating features of this property is the breathtaking views. Whether enjoyed from the expansive windows or the many outdoor spaces, the panoramic views of natural beauty serve as a constant source of inspiration and tranquility. Whether it's watching the sunset over the water or enjoying a peaceful evening under the stars, the views are nothing short of spectacular. Pride of ownership is evident in the meticulous maintenance and upkeep of this estate. From the manicured lawns to the freshly painted exterior, every aspect of the property reflects a commitment to preserving its beauty and integrity. Prospective buyers can rest assured knowing they are investing in a home that has been lovingly cared for and maintained to the highest of standards. Beyond its historical charm, the Manor House with appx. 7700 sq. ft. boasts an array of luxurious features and amenities designed to elevate your living experience. From 2011-2012, this Georgian masterpiece had a complete transformation, being meticulously remodeled to meet the demands of modern living while preserving its historical integrity. The attention to detail is evident in every corner, with carefully chosen materials and finishes enhancing the home's inherent beauty. Whether it's the lovingly restored original hardwood floors or the tastefully renovated bathrooms, no expense has been spared in ensuring that this home radiates elegance and charm. On the main level you will discover the primary wing. This wing features a large en suite primary bedroom and a primary closet that is a true haven for the fashion enthusiast. Custom designed with a center island, this closet includes sleek glass enclosures for clothing to stay organized and accessible. The convenience of having a washer/dryer at hand adds to the luxury of this space. Additionally, take pleasure in the secluded covered porch accessed from the primary suite. The formal dining room, living room, den, galley kitchen are perfect for entertaining. Additional main level features include two offices, two laundry rooms, covered porches and courtyards. Upstairs, you will find four additional bedrooms and two full baths with walk in closets. Over the four car garage, and thoughtfully separated, you will discover the home gym/ batting cage and half bath. The grandeur of the Georgian era is seamlessly integrated with modern conveniences. The smart home technology allows residents to control everything from the temperature, to privacy gates, to lighting with the touch of a button. With a total of four garage spaces this residence caters to the needs and desires of even the most discerning homeowner that is as functional as it is elegant. The guesthouse is appx. 2200 sq. ft, an upscale luxury offering the finest of amenities providing the ultimate in comfort, ambiance, and style all on one level. Featuring a family room, gourmet kitchen, two bedrooms, two full baths, laundry room, salt water pool, incredible outdoor kitchen, large deck with views of the river, pond and stables. There are six garage spaces below the guesthouse are also suited for a workshop or extra storage. To understand this unique property, an on site visit is a must to fully appreciate all it has to offer. An amazing homestead awaits, full of natural scenery and abundant wildlife. The estate is in close proximity to McGhee Tyson airport, shopping, sporting events, and downtown restaurants. Rarely will you find a lakefront estate that encompasses it all as this home does. **Additional land/lake frontage/lake access with a deeded easement may be purchased or negotiated**

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Living Area: 9,756 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

Interior Features

Interior Information:

  • Appliances: Generator, Central Vacuum, Dishwasher, Disposal, Dryer, Gas Grill, Gas Oven, Intercom, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Radiant Floors, Tile
  • Interior: Cathedral Ceiling(s), Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Pond, Lake Front
  • View: Trees/Woods, Other, Lake
  • Exterior: Irrigation System, Windows - Wood, Fenced - Yard, Patio, Pool - Swim (Ingrnd), Porch - Covered, Porch - Screened, Prof Landscaped, Deck, Doors - Energy Star

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, Designated Parking, Basement, Main Level

Lot Features

Lot Information:

  • Lot: Private, Pond, Waterfront, Wooded, Level
  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Geothermal, Propane, Zoned, Other, Electric
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: South on Alcoa Hwy (129) right on TN-333 S/Topside Rd towards Louisville Rd, Turn right onto Louisville Boatdock Road, Slight right onto Rankin Ferry Loop, Appx. 1.4 miles home/gate on right OR East on 140 (Pellissippi Pkwy.) to exit 9 Topside Road. Right on Topside, right on Louisville Boatdock Road, Slight right onto Rankin Ferry Loop, Appx. 1.4 miles home/gate on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,750,000
  • Price Per SqFt: $692/SqFt

Tax Information:

  • Annual Amount: $12,163
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$502.5K

Med. Price/SqFt

$213

Avg. Days On Market

46

# of Sold Homes

4

3498 Rankin Ferry Loop vs Louisville

207 DAYS ON ROCKET

+161 Days

$6,750,000

+$6.2M More

$692/SqFt

+$479 More

KEY TAKEAWAY

This property is $6.2M more than the Median Sold Price and $479/SqFt more than other homes in Louisville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1261084

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

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: 11/23/2024, 8:20:56 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

Aug 26, 2019Home Sold
$720,000
Mar 31, 1997Home Sold
$299,900
Apr 03, 1996Home Sold
$228,780

Tax History

YEARPROP. TAXASSESSMENT
2020$12,163$492,425
2019$11,746$492,425
2018$11,746$475,550
2017$11,746$475,550

History based on county public records data.

Payment Calculator

$33.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.3K

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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-978240
8
/10
  • Blue Grass Elementary School

  • 8901 Bluegrass Rd

  • 2.36 miles

  • Public District Grades KG-5

school-card-donut-978241
7
/10
  • Northshore Elementary School

  • 1889 Thunderhead Rd

  • 2.49 miles

  • Public District Grades KG-5

school-card-donut-978242
7
/10
  • A. L. Lotts Elementary School

  • 9320 Westland Dr

  • 3.26 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,023. The most common annual income of people living in Louisville, TN is less than $35k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3498 Rankin Ferry Loop

What is the listing price of this property?

The listing price of 3498 Rankin Ferry Loop property is $6,750,000.

What type of property is this?

The property 3498 Rankin Ferry Loop is a house located in Louisville, Tennessee, 37777.

Is this property for sale now?

Active Listing: 3498 Rankin Ferry Loop 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 $12,163 (source: MLS/based on county public records data).

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

The last sale was on August 26, 2019 for $720,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3498 Rankin Ferry Loop has 7 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 3498 Rankin Ferry Loop is 9,756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3498 Rankin Ferry Loop is 1938.
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Rocket HomesTennesseeBlount CountyLouisville377773498 Rankin Ferry Loop

This home is located at 3498 Rankin Ferry Loop in Louisville, TN and zip code 37777. This 9,756 square foot home, which was built in 1938, sits on a 10.00 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $6,750,000.

In October 2024 more than 0 listings in Louisville, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Louisville, TN increased by 13.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $502,500, while the average time on the real estate market was 46 days.

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

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