Welcome to your dream lakefront retreat with unbelievable views! This stunning new construction home on the Sevierville side of Lake Douglas is just 40 days away from completion. With 3 bedrooms, 3.5 baths, and a spacious bonus room, this 5,400 sq. ft. home offers both entertainment and comfort. The master suite is conveniently located on the main level, featuring a beautiful walk-in tile shower. Upstairs, enjoy a large rec room, a bedroom with its own walk-in tile shower, and a versatile bonus room. The downstairs is perfect for entertaining, boasting a media room, a second full kitchen, and an additional bedroom with a walk-in tile shower. The limestone exterior adds timeless elegance to the design. Step outside to take in unbelievable panoramic views of the lake from two expansive decks, ideal for hosting gatherings or relaxing in peace. Don't miss your chance to own this spectacular lakefront property, offering the best in lakeside living and entertaining!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 2024
Living Area: 5,400 SqFt
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 693-3232
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Range, Refrigerator
Basement: Yes
Interior: Island in Kitchen, Walk-In Closet(s)
Fireplace: Other, Stone
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Lake Front
Exterior: Porch - Covered, Deck
Parking Information:
Attached Garage: No
Parking: Main Level
Lot Features
Lot Information:
Lot: Waterfront
Lot Size: 0.98 Acres
Utilities
Utilities Information:
Heating: Central, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: Directions: From I-40 E take exit 407 onto SR-66 toward Sevierville, Pigeon Forge for 8.7 miles. Turn left onto US-411 for 6.2 miles. Turn left onto Red Bud Ln for 2.3 miles. Turn left onto Fox Vista Dr for 2.3 miles. Continue to the right onto Penelope ln for 0.3 miles, property on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,200,000
Price Per SqFt: $593/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sevierville, TN.
This property is $2.7M more than the Median Sold Price and $306/SqFt more than other homes in Sevierville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1279708
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 693-3232
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16K
Per Month
Principal & Interest
$15.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,660
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Catlettsburg Elementary School
1409 Catlettsburg Rd
Distance between this listing and this school5.44 miles
Public District Grades KG-6
2
/10
Sevierville Intermediate School
416 High St
Distance between this listing and this school5.56 miles
Public District Grades 3-5
5
/10
Catons Chapel Elementary School
3135 Catons Chapel Rd
Distance between this listing and this school7.64 miles
Public District Grades PK-6
Nearby Schools
4
/10
New Center Elementary School
2701 Old Newport Hwy
Distance between this listing and this school2.94 miles
Public District Grades KG-8
3
/10
Sevierville Middle School
520 High St
Distance between this listing and this school5.61 miles
Public District Grades 6-8
3
/10
Northview Junior Academy
2719 Northview Academy Ln
Distance between this listing and this school6.76 miles
Public District Grades 7-9
Nearby Schools
5
/10
Sevier County High School
1200 Dolly Parton Pkwy
Distance between this listing and this school4.21 miles
Public District Grades 9-12
6
/10
Northview Senior Academy
2719 Northview Academy Ln
Distance between this listing and this school6.76 miles
Public District Grades 10-12
5
/10
Pigeon Forge High School
414 Tiger Dr
Distance between this listing and this school9.55 miles
The neighbors living near this home have an average income of $41,750. The majority of Sevierville, TN residents have income between $35k-100k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Sevierville, TN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Sevierville, TN?
Sevierville's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include rustic cabins, contemporary designs, and traditional brick homes. The market also features condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a variety of development phases, with many homes dating back to the late 20th century, reflecting the town's growth during that period.
What are the advantages of living in Sevierville, TN?
Sevierville is celebrated for its small-town charm and proximity to natural attractions, including the Great Smoky Mountains National Park. The community prides itself on a family-friendly atmosphere and a strong sense of local heritage, with annual events that showcase regional music, crafts, and cuisine. The town's character is further enriched by its historical sites and the presence of local businesses that contribute to its unique identity.
Are essential services in Sevierville, TN convenient?
The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are accessible, with local clinics and a hospital that provides emergency care, outpatient services, and specialized medical treatments. Sevierville also boasts a public library system that supports lifelong learning and community engagement. Retail and dining options are abundant, ranging from local boutiques and eateries to well-known chains, reflecting both the town's culture and its appeal to visitors.
How do Sevierville, TN residents get around?
Transportation in Sevierville includes a variety of options for residents and visitors. The town's layout facilitates private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the town and surrounding attractions. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Ride-sharing services are operational in Sevierville, providing an alternative mode of transport for those without access to a private vehicle.
Frequently Asked Questions About 799 Penelope Ln
What is the listing price of this property?
The listing price of 799 Penelope Ln property is $3,200,000.
What type of property is this?
The property 799 Penelope Ln is a house located in Sevierville, Tennessee, 37876.
Is this property for sale now?
Active Listing: 799 Penelope Ln is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 799 Penelope Ln has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 799 Penelope Ln is 5,400 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 799 Penelope Ln is 2024.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 799 Penelope Ln in Sevierville, TN and zip code 37876. This 5,400 square foot home, which was built in 2024, sits on a 0.98 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $3,200,000.
In October 2024 more than 5 listings in Sevierville, TN were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 38 were sold below. In October 2024 in Sevierville, TN there were 10.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 73 days, the median list price was $486,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
Hunting
Hunting
Monster Trucks
NASCAR
Wal-Mart
Dollar General
Bass Pro Shops
Hardee's
Jimmy Johns
Applebees
Ram
Chevrolet
GMC
Classic Country
New Country