Welcome to an exceptional Farragut home located near the bustling restaurant and retail hub at Choto. Built in 2016, this residence offers nearly 5,000 sq ft of thoughtfully designed living space with the ideal blend of elegance and everyday comfort. Upon entering the home, soaring ceilings and the warm ambiance of a double sided stone fireplace greets you. At the heart of the home is an oversized kitchen with abundant cabinetry, a large island, and open flow into the living and dining areas—perfect for entertaining and family gatherings. The primary suite on the main level is a retreat, featuring his-and-hers closets and a spa-like bathroom with soaking tub and separate shower. Upstairs, you'll find additional bedrooms, bathrooms, and a spacious bonus room. Additionally the finished basement- redone in 2023- includes a kitchenette, flex room, full bath, and an oversized recreational space. It also offers extra storage closets and a 580 sq ft unfinished storage/utility room perfect for pool equipment, workout space, and more. Step outside to your private oasis—a 12-foot-deep heated saltwater pool with hot tub surrounded by Techo-Bloc pavers to keep you cool in the summer. A three-car garage adds convenience, and the neighborhood's community dock on the lake completes this stunning lifestyle package. This home offers space, style, and sophistication in one of Farragut's most desirable neighborhoods!
Sold for $1,460,000
$1,460,000
12434 Palm Beach Way, Knoxville, TN 37922
4beds
4,964sqft
Single Family Residence
Built in 2016
0.52 Acres Lot
$1,471,600 Zestimate®
$294/sqft
$6,367 Estimated rent
Home value
$1,471,600
$1.38M - $1.56M
$6,367/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Andrea Torbett,
Keller Williams Signature
Bought with:
Kathy Pryputniewicz, 360050
Redfin
Source: East Tennessee Realtors,MLS#: 1318657
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room
Heating
- Central, Natural Gas, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Tankless Water Heater, Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Features
- Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Wet Bar, Eat-in Kitchen, Bonus Room
- Flooring: Carpet, Hardwood, Tile
- Windows: Windows - Vinyl, Insulated Windows
- Basement: Walk-Out Access,Finished,Unfinished
- Number of fireplaces: 1
- Fireplace features: Gas, Stone, Gas Log
Interior area
- Total structure area: 4,964
- Total interior livable area: 4,964 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Attached
- Attached garage spaces: 3
Features
- Exterior features: Irrigation System, Prof Landscaped
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Country Setting, Trees/Woods
- Waterfront features: Lake/Water Access
Lot
- Size: 0.52 Acres
Details
- Parcel number: 162MD016
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Stone, Brick
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: $500 annually
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $905,700
- Annual tax amount: $3,519
- Date on market: 10/16/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $1,460,000-1%$294/sqft |
Source:  East Tennessee Realtors #1318657 Report a problem | ||
| 10/20/2025 | Pending sale | $1,475,000$297/sqft |
Source: East Tennessee Realtors #1318657 Report a problem | ||
| 10/16/2025 | Listed for sale | $1,475,000+23.4%$297/sqft |
Source: East Tennessee Realtors #1318657 Report a problem | ||
| 3/31/2022 | Sold | $1,195,000+92.7%$241/sqft |
Source: East Tennessee Realtors #1185875 Report a problem | ||
| 7/5/2017 | Sold | $620,000+629.4%$125/sqft |
Source: East Tennessee Realtors #994316 Report a problem | ||
| 7/22/2016 | Sold | $85,000$17/sqft |
Source: East Tennessee Realtors #944123 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,519 | $226,425 |
| 2024 | $3,519 +8.2% | $226,425 +8.2% |
| 2023 | $3,251 | $209,200 |
| 2022 | $3,251 -1.1% | $209,200 +34.9% |
| 2021 | $3,288 | $155,075 -75% |
| 2020 | $3,288 | $620,300 |
| 2019 | $3,288 | $620,300 -62.3% |
| 2018 | $3,288 | $1,647,000 +9311.4% |
| 2017 | $3,288 +709.9% | $17,500 |
| 2016 | $406 | -- |
| 2015 | $406 | -- |
| 2014 | $406 | -- |
Find assessor info on the county website
Neighborhood: 37922
Nearby homes
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- $--0.28 Acres12433 Palm Beach Way LOT 1, Knoxville, TN 37922Off Market
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- $1,067,400-- bd-- ba-- sqft12425 Palm Beach Way LOT 3, Knoxville, TN 37922Off Market
Nearby schools
GreatSchools rating
- 9/10Northshore ElementaryGrades: PK-5Distance: 4.9 mi
- 9/10Farragut Middle SchoolGrades: 6-8Distance: 4 mi
- 9/10Farragut High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Northshore
- Middle: Farragut
- 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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Estimated market value
$1,471,600
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
$1,471,600
- Tennessee
- Knox County
- Knoxville
- 37922
- 12434 Palm Beach Way
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