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For sale
  • Price cut: $7.6K (8/1)
    $1,177,440

    12425 Palm Beach Way, Knoxville, TN 37922

    5beds
    3,185sqft
    : 
    $6,615/mo
    Get pre-qualified
    Single Family Residence
    Built in 2017
    0.26 Acres Lot
    $-- Zestimate®
    $370/sqft
    $42/mo HOA

    What's special

    Large islandSpacious walk-in closetOpen-concept family roomShiplap accentsStone gas fireplaceSpacious three-car side-entry garageAmple cabinetry
    This immaculate custom home in the scenic Lake Cove community offers the perfect blend of comfort, style, and lake-access living. The main level features a stunning owner's suite complete with double vanities, a soaking tub, an oversized tiled walk-in shower, and a spacious walk-in closet.A flexible guest room on the main level includes a convenient Murphy bed, making it ideal as a second bedroom or home office, and is located next to a full bath for added convenience. The laundry room is thoughtfully designed with a sink and abundant storage. Upstairs, you'll find three additional bedrooms and two full baths, including a potential junior suite or bonus room to suit your needs. The home showcases high ceilings, crown molding, shiplap accents, and beautiful hardwood flooring throughout. The kitchen is a standout, featuring stainless steel appliances, stone countertops, a large island, pantry, and ample cabinetry, along with a cozy nook perfect for casual dining or a sitting area. The open-concept family room, anchored by a stone gas fireplace, creates a warm and inviting space for everyday living and entertaining. Additional highlights include generous storage options in the attic and crawlspace, along with a spacious three-car side-entry garage. Step outside to enjoy the covered porch and patio--perfect for relaxing or hosting gatherings. Residents of Lake Cove enjoy access to a community dock and boat ramp, adding to the appeal of this exceptional property. With quality finishes and thoughtful details throughout, this home is truly a must-see.
    102 days
    |
    585
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Burnette 865-368-0002,

    Whitetail Properties Real Estate, LLC 931-372-1844

    Source: East Tennessee Realtors,MLS#: 1340377MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Heat Pump, Natural Gas, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Tankless Water Heater, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
      Features
      • Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Breakfast Bar, Eat-in Kitchen
      • Flooring: Hardwood, Tile
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Stone, Gas Log
      Interior area
      • Total structure area: 3,185
      • Total interior livable area: 3,185 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Faces Side, Main Level
      • Garage spaces: 3
      Features
      • Exterior features: Prof Landscaped
      • Waterfront features: Lake/Water Access
      Lot
      • Size: 0.26 Acres
      Details
      • Parcel number: 162MD003

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman,Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Stone, Brick
      Condition
      • Year built: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Lakecove S/D Unit 1
      HOA
      • Has HOA: Yes
      • HOA fee: $500 annually
      Location
      • Region: Knoxville

      Financial & listing details

      • Price per square foot: $370/sqft
      • Tax assessed value: $897,900
      • Annual tax amount: $3,488
      • Date on market: 5/11/2026
      • Listing terms: New Loan,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/1/2026Price change$1,177,440-0.6%$370/sqft
        Source: East Tennessee Realtors #1340377 Report a problem
        5/11/2026Listed for sale$1,185,000+19.1%$372/sqft
        Source: East Tennessee Realtors #1340377 Report a problem
        10/20/2023Sold$995,000-0.5%$312/sqft
        Source: East Tennessee Realtors #1234835 Report a problem
        9/12/2023Pending sale$999,999$314/sqft
        Source: East Tennessee Realtors #1234835 Report a problem
        9/7/2023Price change$999,999-3.8%$314/sqft
        Source: East Tennessee Realtors #1234835 Report a problem
        7/29/2023Listed for sale$1,039,999+85.7%$327/sqft
        Source: East Tennessee Realtors #1234835 Report a problem
        4/21/2018Listing removed$559,900$176/sqft
        Source: Keller Williams 865-966-5005 #1014564 Report a problem
        4/20/2018Pending sale$559,900$176/sqft
        Source: Keller Williams 865-966-5005 #1014564 Report a problem
        4/20/2018Listed for sale$559,900$176/sqft
        Source: Keller Williams 865-966-5005 #1014564 Report a problem
        4/6/2018Sold$559,900+761.4%$176/sqft
        Source: East Tennessee Realtors #1041946 Report a problem
        5/12/2016Sold$65,000$20/sqft
        Source: East Tennessee Realtors #941294 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,488 $224,475
        2024$3,488 $224,475
        2023$3,488 $224,475
        2022$3,488 +15%$224,475 +56.9%
        2021$3,033 $143,050 -75%
        2020$3,033 $572,200
        2019$3,033 $572,200 -71.7%
        2018$3,033 $2,023,700 +1712.1%
        2017$3,033 +647%$111,675
        2016$406 --
        2015$406 --
        2014$406 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37922

        Getting around

        12 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Farragut

        Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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