12408 Palm Beach Way, Knoxville, TN 37922
What's special
Welcome to this beautifully updated home situated on a rare double lot in Choto, offering endless possibilities to create your own private outdoor oasis with plenty of room to add a pool, additional entertaining space, or store your boat or jet ski. Inside, you'll find thoughtful upgrades and high-end finishes throughout, including plantation shutters in every room, Venetian plaster walls, water filtration system, and a convenient whole-house vacuum system. The main level features a spacious primary suite with an updated bathroom (2023), along with a sunroom and a functional mudroom area. The kitchen is designed for both style and function, complete with a dry bar, large pantry, gas cooktop, trash compactor, and all-new appliances (2023). Step outside to enjoy over $150,000 in outdoor improvements, including a beautifully redesigned backyard with pavers, patio space, and a hot tub--perfect for entertaining or relaxing. The home also features permanent ''jellyfish'' lighting for year-round ambiance and curb appeal. Additional highlights include a Generac generator, two AC units, a 3-car garage, and a flexible upstairs layout with two bedrooms, a full bath, and a large bonus room that could be a 4th bedroom. Washer, dryer, refrigerator, fire pit, and hot tub will remain with the home. Residents of Lake Cove enjoy access to a community dock and boat ramp, adding to the appeal of this exceptional property. The neighborhood is close to Markets at Choto, Concord Park, and nearby Choto Marina. Desirable school zone including Northshore elementary, Farragut Middle, and Farragut High School.
- 75 days |
- 829 |
- 38 |
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Lisa Sinclair 703-862-8165,
Wallace 865-966-1111
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room
Heating
- Central, Forced Air, Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Features
- Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Breakfast Bar, Eat-in Kitchen, Central Vacuum, Bonus Room
- Flooring: Hardwood, Tile
- Windows: Insulated Windows
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 2,980
- Total interior livable area: 2,980 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Side, Garage Door Opener, Attached, Main Level
- Attached garage spaces: 3
Features
- Exterior features: Irrigation System, Prof Landscaped
- Has view: Yes
- View description: Seasonal Lake View
- Has water view: Yes
- Water view: Seasonal Lake View
Lot
- Size: 0.59 Acres
- Features: Cul-De-Sac, Corner Lot, Rolling Slope
Details
- Parcel number: 162MD011
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Shingle Siding
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: Lakecove S/D Unit 1
HOA
- Has HOA: Yes
- Services included: All Amenities
- HOA fee: $1,000 annually
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $873,300
- Annual tax amount: $3,393
- Date on market: 6/22/2026
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Pending sale | $989,000$332/sqft |
Source: | ||
| 7/6/2026 | Price change | $989,000-10.1%$332/sqft |
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| 6/22/2026 | Listed for sale | $1,100,000$369/sqft |
Source: | ||
| 6/15/2026 | Pending sale | $1,100,000$369/sqft |
Source: | ||
| 6/12/2026 | Listed for sale | $1,100,000+27.2%$369/sqft |
Source: | ||
| 10/28/2021 | Sold | $865,000-1.1%$290/sqft |
Source: | ||
| 9/11/2021 | Pending sale | $875,000$294/sqft |
Source: | ||
| 8/28/2021 | Listed for sale | $875,000+79.7%$294/sqft |
Source: | ||
| 7/28/2016 | Sold | $487,000$163/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,393 | $218,325 |
| 2024 | $3,393 | $218,325 |
| 2023 | $3,393 | $218,325 |
| 2022 | $3,393 +24.1% | $218,325 +69.2% |
| 2021 | $2,735 | $129,000 -75% |
| 2020 | $2,735 | $516,000 |
| 2019 | $2,735 | $516,000 -52% |
| 2018 | $2,735 | $1,073,900 +732.5% |
| 2017 | $2,735 +60.4% | $129,000 |
| 2016 | $1,705 | -- |
| 2015 | $1,705 +320% | -- |
| 2014 | $406 | -- |
Find assessor info on the county website
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
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Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.