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  • $490,000

    5508 Lake Shore Dr, Knoxville, TN 37920

    4beds
    2,840sqft
    Single Family Residence, Residential
    Built in 1940
    0.27 Acres Lot
    $498,500 Zestimate®
    $173/sqft
    $2,845 Estimated rent

    Home value

    $498,500

    $464,000 - $538,000

    $2,845/mo

    Zestimate® history
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    What's special

    Nestled in the peaceful Lake Forest neighborhood of South Knoxville and the Urban Wilderness, this beautifully updated Cape Cod-style home blends classic charm with modern conveniences. Built in 1940, the residence features 4 spacious bedrooms, 2 full bathrooms, and over 2,800 square feet of living space. The main level includes a formal dining room with a cozy fireplace and French doors that open to a secluded side porch, ideal for morning coffee or evening relaxation. The chef's kitchen has been thoughtfully updated with white shaker cabinetry, elegant granite countertops, a travertine backsplash, and stainless steel appliances, including a dual-fuel range with a convenient pot-filler. Original hardwood floors throughout the home enhance its timeless appeal, while large windows provide plenty of natural light. Set on a well-manicured 0.27-acre lot, this property offers a private retreat while still being minutes away from local amenities, parks, and the beautiful Tennessee River. You are within walking distance to William Hastie Trailhead, 15 minutes from University Of Tennessee campus. Additional features include a basement garage and a peaceful, landscaped yard, providing the perfect balance of comfort and style. This home is an exceptional blend of historical character and modern upgrades—don't miss your chance to own this one-of-a-kind South Knoxville property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Gross 865-910-0708,

    Realty Executives South,

    Amber Fawcett,

    Realty Executives South

    Bought with:

    Jade Kloss, 345395

    First Neighborhoods Realty

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2979567MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Range, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Walk-In Closet(s), Ceiling Fan(s)
    • Flooring: Wood, Slate, Tile
    • Basement: Unfinished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 2,840
    • Total interior livable area: 2,840 sqft
    • Finished area above ground: 2,840

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Three Or More
    • Patio & porch: Deck, Porch, Covered
    Lot
    • Size: 0.27 Acres
    • Dimensions: 83M x 150.8 x IRR
    • Features: Cul-De-Sac, Corner Lot, Level, Rolling Slope
    • Topography: Cul-De-Sac,Corner Lot,Level,Rolling Slope
    Details
    • Parcel number: 123EA041
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Vinyl Siding, Other
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Lake Forest
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $351,700
    • Annual tax amount: $3,262
    • Date on market: 8/22/2025
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/31/2025Sold$490,000+0.4%$173/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2979567 Report a problem
    2/16/2025Pending sale$488,000$172/sqft
    Source: East Tennessee Realtors #1290038 Report a problem
    2/14/2025Listed for sale$488,000+71%$172/sqft
    Source: East Tennessee Realtors #1290038 Report a problem
    4/30/2019Sold$285,400+2%$100/sqft
    Source: East Tennessee Realtors #1074595 Report a problem
    4/2/2019Pending sale$279,900$99/sqft
    Source: Keller Williams Realty Knoxville-West #1074595 Report a problem
    3/29/2019Listed for sale$279,900+12%$99/sqft
    Source: Keller Williams Realty Knoxville-West #1074595 Report a problem
    7/21/2017Sold$250,000$88/sqft
    Source: Public Record Report a problem
    6/20/2017Pending sale$250,000$88/sqft
    Source: Farragut/Hardin Valley #1005308 Report a problem
    6/6/2017Listed for sale$250,000+6.4%$88/sqft
    Source: Farragut/Hardin Valley #1005308 Report a problem
    6/2/2016Sold$235,000-2%$83/sqft
    Source: Public Record Report a problem
    5/19/2016Pending sale$239,900$84/sqft
    Source: Realty Works, llc #201983 Report a problem
    5/19/2016Listed for sale$239,900+186.4%$84/sqft
    Source: Realty Works, llc #201983 Report a problem
    10/5/1998Sold$83,775+19.8%$29/sqft
    Source: Public Record Report a problem
    8/18/1997Sold$69,900$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,366 $87,925
    2024$1,366 $87,925
    2023$1,366 $87,925
    2022$1,366 +26.1%$87,925 +72.1%
    2021$1,083 $51,075 -75%
    2020$1,083 $204,300
    2019$1,083 $204,300 +143.2%
    2018$1,083 -53.7%$84,000 +64.5%
    2017$2,341 +309%$51,075
    2016$572 --
    2015$572 -46%--
    2014$1,059 +7.2%--
    2013$988 +79.5%--
    2012$550 --
    2011$550 $23,325
    2010$550 $23,325
    2009$550 -55%$23,325 +4.9%
    2008$1,222 +0%$22,225
    2007$1,222 $22,225
    2006$1,222 $22,225
    2005$1,222 -1.6%$22,225 +7.5%
    2004$1,243 +6.2%$20,675
    2003$1,170 $20,675
    2002-- $20,675
    2001-- $20,675 +27.6%
    2000-- $16,200
    Find assessor info on the county website

    Neighborhood: Lake Forest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mooreland Heights Elementary
    • Middle: South Doyle Middle School
    • High: South Doyle 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
    $498,500
    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
    $498,500