$855,000

About this home

UP TO $10,000 IN BUILDER-PAID CLOSING COST ASSISTANCE WITH QUALIFYING FINANCING THROUGH THE PREFERRED LENDER!* 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-paid assistance toward closing costs and/or an interest-rate buydown. *The builder offers up to $10,000 toward allowable buyer closing costs and/or an interest-rate buydown when the buyer obtains and closes qualifying financing through Rick Wilkinson with Mortgage Direct, the builder's preferred lender. Use of the preferred lender is optional and is not required to purchase the home; however, the incentive is available only when financing closes through the preferred lender. Buyer must satisfy applicable credit, underwriting and loan-program requirements. Builder assistance is subject to lender approval, allowable costs and applicable loan-program contribution limits. Unused assistance has no cash value and will not be paid to the buyer. Contact the preferred lender for complete terms, costs and eligibility requirements.

Highlights

Property details

MLS

East Tennessee REALTORS® MLS

MLS #

1339217

Property type

Single Family Residence

Subdivision

The Reserve @ Penrose Farm

Status

Active

Days on market

333

On market date

May 2, 2026

Stories

N/A

Total bathrooms

5

Garage spaces

2

Parking spaces

N/A

Lot size

0.21 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.