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  • $858,000

    1006 Tea Olive Ln, Knoxville, TN 37919

    4beds
    2,801sqft
    Single Family Residence, Residential
    Built in 2022
    0.35 Acres Lot
    $863,700 Zestimate®
    $306/sqft
    $3,895 Estimated rent

    Home value

    $863,700

    $821,000 - $907,000

    $3,895/mo

    Zestimate® history
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    What's special

    Better than new construction, this stunning West Knoxville home—built in 2022—offers timeless design, thoughtful upgrades, and exceptional livability. From the moment you enter, soaring ceilings and abundant natural light highlight rich hardwood floors, crown molding, and coffered ceilings, creating a bright, refined atmosphere throughout the home. The thoughtfully designed floor plan features a primary bedroom on the main level, offering privacy and convenience, along with a spacious en-suite bath finished in elegant tile. The open, light-filled living areas flow seamlessly into a beautifully appointed chef's kitchen with a gas range, upgraded finishes, a reverse osmosis system, and a whole-house water softener for added quality and comfort. A second bedroom also resides on the main level. Upstairs, you'll find two additional bedrooms, each with its own full bathroom, along with a huge bonus room filled with natural light that provides exceptional flexibility—ideal for a media room, home office, playroom, or guest retreat. Throughout the home, custom window coverings, upscale finishes, and meticulous attention to detail reflect the level of upgrades that truly set this property apart from new construction. Outdoor living is equally impressive with a covered back patio overlooking a large, flat backyard, perfect for entertaining or relaxing year-round. A thick, mature wall of evergreen trees line the back of the property (with fencing behind to protect your fur animals). The backyard is fully fenced and populated with mature fruit trees, blueberries, raspberries (both red and yellow), blackberries and grapes with a full irrigated front and back yard which further creates a dietary oasis. Located in one of the most desirable areas of West Knoxville, this home is just minutes from top-rated schools, premier shopping, dining, and parks.

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Pilon 865-693-3232,

    Realty Executives Associates

    Bought with:

    Alec Blaine, 251449

    Capital Commercial Real Estate

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3168773MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Bedroom 1
    • Features: Walk-In Closet(s)
    • Level: Walk-In Closet(s)
    Kitchen
    • Features: Pantry
    • Level: Pantry
    Other
    • Features: Office
    • Level: Office
    Other
    • Features: Utility Room
    • Level: Utility Room
    Heating
    • Natural Gas, Other
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Walk-In Closet(s), Pantry
    • Flooring: Wood, Tile
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,801
    • Total interior livable area: 2,801 sqft
    • Finished area above ground: 2,801

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Porch, Covered
    Lot
    • Size: 0.35 Acres
    • Dimensions: 185.63 x 136.31 x IRR
    • Features: Corner Lot, Level
    • Topography: Corner Lot,Level
    Details
    • Parcel number: 133FL016
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Other, Brick
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Water Available
    Green energy
    • Energy efficient items: Water Heater

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Penrose Forest
    HOA
    • Has HOA: Yes
    • HOA fee: $325 annually
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $306/sqft
    • Tax assessed value: $622,400
    • Annual tax amount: $2,418
    • Date on market: 1/2/2026

    Price history

    DateEventPrice
    3/31/2026Sold$858,000-1.9%$306/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3168773 Report a problem
    1/30/2026Pending sale$875,000$312/sqft
    Source: East Tennessee Realtors #1325211 Report a problem
    1/27/2026Price change$875,000-1.6%$312/sqft
    Source: East Tennessee Realtors #1325211 Report a problem
    1/2/2026Listed for sale$889,000+18.5%$317/sqft
    Source: East Tennessee Realtors #1325211 Report a problem
    2/17/2023Sold$750,000$268/sqft
    Source: East Tennessee Realtors #1213926 Report a problem
    1/23/2023Pending sale$750,000$268/sqft
    Source: East Tennessee Realtors #1213926 Report a problem
    12/17/2022Listed for sale$750,000$268/sqft
    Source: East Tennessee Realtors #1213926 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,418 $155,600
    2024$2,418 -17%$155,600 -17%
    2023$2,915 +1780.6%$187,575 +1775.8%
    2022$155 -26.9%$10,000
    2021$212 $10,000 -75%
    2020$212 $40,000
    2019$212 $40,000
    2018-- --
    Find assessor info on the county website

    Neighborhood: 37919

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rocky Hill Elementary
    • Middle: Bearden Middle School
    • High: West High School

    Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $863,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $863,700