Skip main navigation
For sale
    • Price cut: $250K (4/30)
    $3,950,000

    497 Southern Way, Lenoir City, TN 37772

    5beds
    10,178sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2019
    0.91 Acres Lot
    $-- Zestimate®
    $388/sqft
    $179/mo HOA

    What's special

    Brand-new surround sound systemFenced yardHalf-court basketball courtState-of-the-art theatre roomCustom seatingWet bar
    Luxurious Lakeview Estate with Breathtaking Views Experience elegance and comfort in this extraordinary 10,000 sq. ft. residence, perfectly positioned to capture panoramic lake and mountain vistas. Designed for both grand entertaining and family living, this estate blends sophistication with resort-style amenities. Step outside to your own private oasis featuring a sparkling inground pool with built-in spa, a half-court basketball court, and a fenced yard for privacy and relaxation. An outdoor restroom adds convenience for poolside gatherings. Inside, the home offers an impressive array of features, including a state-of-the-art theatre room with custom seating and a 120-inch screen, a wet bar, and a game/entertainment area equipped with a brand-new surround sound system in the walk-out basement. Practical luxury is built into every detail: two tankless hot water heaters, a commercial-sized washer and dryer in the main-level utility room, and a new roof installed approximately one year ago ensure peace of mind and convenience. This residence is the perfect blend of comfort and sophistication, ideal for a large family or hosting unforgettable gatherings. Each evening, enjoy breathtaking sunsets over the lake—a view that transforms every day into something truly extraordinary. Discover WindRiver, Tennessee's exclusive lakefront community. Indulge in a tax-friendly haven with no state income tax, nestled amidst four-season splendor. Our gated community is minutes from shopping and the airport, offering championship golf, a premier marina, and soon, a Best in Class New Clubhouse. Seize the opportunity for refined living at WindRiverLiving.com. Your luxury escape awaits, close to everything yet away from it all. Contact one of our WindRiver Agent's today for more details. Disclaimer: WindRiver has noted inaccuracies in third-party climate risk data. Buyers are encouraged to verify information through trusted sources like FEMA or consult a licensed real estate agent for additional guidance. WindRiver does not guarantee the accuracy of external climate data and assumes no liability for decisions made based on such information.
    296 days
    |
    669
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Ayres,

    WindRiver Properties 865-988-1864

    Source: East Tennessee Realtors,MLS#: 1316892MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bonus Room
      Heating
      • Central, Propane
      Cooling
      • Central Air
      Appliances
      • Included: Tankless Water Heater, Gas Range, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Elevator, Pantry, Wet Bar, Breakfast Bar, Central Vacuum, Bonus Room
      • Flooring: Carpet, Hardwood, Tile
      • Windows: Insulated Windows
      • Basement: Walk-Out Access,Finished
      • Number of fireplaces: 2
      • Fireplace features: Stone, Gas Log
      Interior area
      • Total structure area: 10,178
      • Total interior livable area: 10,178 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Main Level
      • Attached garage spaces: 4
      Features
      • Exterior features: Irrigation System, Prof Landscaped
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Mountain(s)
      • Has water view: Yes
      Lot
      • Size: 0.91 Acres
      • Features: Near Golf Course, Rolling Slope
      Details
      • Parcel number: 034E A 083.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Stone, Brick
      Condition
      • Year built: 2019

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Gated Community, Security System, Smoke Detector(s)
      • Subdivision: Windriver Fka Rarity Pointe WindRiver
      HOA
      • Has HOA: Yes
      • Amenities included: Golf Course, Recreation Facilities, Security
      • HOA fee: $2,150 annually
      Location
      • Region: Lenoir City

      Financial & listing details

      • Price per square foot: $388/sqft
      • Tax assessed value: $1,910,300
      • Annual tax amount: $8,445
      • Date on market: 9/29/2025
      • Listing terms: New Loan,Cash,Conventional,Call Listing Agent

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/30/2026Price change$3,950,000-6%$388/sqft
        Source: East Tennessee Realtors #1316892 Report a problem
        9/29/2025Listed for sale$4,200,000+1149.3%$413/sqft
        Source: East Tennessee Realtors #1316892 Report a problem
        1/30/2018Sold$336,200+6.7%$33/sqft
        Source: East Tennessee Realtors #946466 Report a problem
        5/26/2016Listed for sale$315,000-28.4%$31/sqft
        Source: WindRiver Properties #946466 Report a problem
        8/23/2004Sold$440,000$43/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,445 $477,575
        2024$8,445 +16.5%$477,575
        2023$7,251 $477,575
        2022$7,251 $477,575
        2021-- $477,575 +749%
        2020$1,014 $56,250
        2019$1,014 $56,250
        2018$1,014 +0%$56,250
        2017$1,014 -0.8%$56,250 +2.3%
        2016$1,022 0%$55,000
        2015$1,022 $55,000
        2014$1,022 $55,000
        2013-- $55,000
        2012$1,608 $55,000 -38.9%
        2011$1,608 +12.6%$90,000
        2010$1,428 -20%$90,000 -20%
        2009$1,785 -17.3%$112,500
        2008$2,160 +30.4%$112,500 +25%
        2007$1,656 $90,000
        2006$1,656 $90,000
        2005$1,656 +3.4%$90,000
        2004$1,602 +800%$90,000 +800%
        2003$178 $10,000
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 37772

        Getting around

        0 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Lenoir City Topics

                Search
                Updates
                Favorites
                Plan
                Inbox