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For sale
  • $1,049,900

    551 Colonial Ridge Ln, Knoxville, TN 37934

    4beds
    3,510sqft
    : 
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    Single Family Residence
    Built in 2008
    435 Square Feet Lot
    $-- Zestimate®
    $299/sqft
    $158/mo HOA

    What's special

    Gas fireplacePrivate lush side courtyardSprinkler systemExceptional curb appealCharming covered front porchAmazing garden areaExtensive patio with pergola
    One of the best lots in the subdivision! This Stunning home is located in Farragut's highly sought-after Park Place neighborhood & zoned for top rated Farragut schools! This 4-bedroom, 3 full bath, 2 half bath residence welcomes you with exceptional curb appeal, a private lush side courtyard, and a charming covered front porch. Inside, the home showcases extensive custom millwork, rich hardwood flooring throughout the main level, plantation shutters, and elegant finishes at every turn. The spacious living room features a gas fireplace, crown molding, and a striking crystal light fixture, creating a warm yet refined gathering space. The completely updated designer kitchen is truly the heart of the home, offering custom Wildwood cabinetry, a massive 4'x8' granite island with an auxiliary veggie sink and ample seating, a tile backsplash, and soft-close drawers. High-end appliances include a gas range and built-in convection oven, while imported designer pendant lighting from Connecticut adds a distinctive upscale touch. The kitchen flows seamlessly into the dining room, highlighted by extension molding, making it ideal for entertaining. The main-level primary suite is one of the largest in the subdivision and serves as a private retreat with crown molding and a crystal light fixture. The luxurious en-suite bath features tile flooring, an oversized walk-in tile shower, a double vanity, and a generous walk-in closet with high end custom built-in shelving. The main level also includes a well-appointed laundry room with sink and cabinet storage, a mudroom, and a convenient half bath, along with a spacious two-car garage with additional storage. Upstairs, a second ensuite bedroom offers a beautifully updated bath with tile surround tub, glass door, tile flooring, and newer vanity top and fixtures, along with access to a private patio. Two additional bedrooms, including one with a walk-in closet, share a full bath, and a dedicated office provides flexible living space. The oversized bonus room with wood steps, wet bar, ceiling fan, and private half bath creates the perfect setting for entertaining or relaxing. Outdoor living is just as impressive, featuring an extensive patio with pergola, an amazing garden area, and what is considered one of the best yards in the subdivision. Additional highlights include a tankless water heater, a $23,000 HVAC system, central vacuum, ADT security system, surround sound, sprinkler system, and ample attic storage. This exceptional home blends thoughtful design, high-end upgrades, and inviting indoor-outdoor living, making it a unique opportunity in Park Place. Minutes to tons of shopping, restaurants, Turkey Creek, schools, etc! Schedule your showing today!
    15 hours
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    281
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sherry Jones Paul,

    Realty Executives Associates 865-983-0011

    Source: East Tennessee Realtors,MLS#: 1345925MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bonus Room
      Heating
      • Central, Forced Air, Heat Pump, Natural Gas, Zoned, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Zoned
      Appliances
      • Included: Tankless Water Heater, Gas Range, Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven
      Features
      • Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Wet Bar, Eat-in Kitchen, Central Vacuum, Bonus Room
      • Flooring: Carpet, Hardwood, Tile
      • Windows: ENERGY STAR Qualified Windows
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Insert, Ventless, Gas Log
      Interior area
      • Total structure area: 3,510
      • Total interior livable area: 3,510 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Side, Garage Door Opener, Attached, Main Level
      • Attached garage spaces: 2
      Features
      • Exterior features: Prof Landscaped
      • Has view: Yes
      • View description: Mountain(s), Country Setting
      Lot
      • Size: 435 Square Feet
      • Dimensions: 63.91 x 125.60 x IRR
      • Features: Cul-De-Sac, Private, Zero Lot Line, Level
      Details
      • Additional structures: Gazebo
      • Parcel number: 142MD013

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Frame
      Condition
      • Year built: 2008

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Sidewalks
      • Security: Security System, Smoke Detector(s)
      • Subdivision: Park Place At Farragut
      HOA
      • Has HOA: Yes
      • Services included: Insurance, Maintenance Grounds
      • HOA fee: $1,900 annually
      Location
      • Region: Knoxville

      Financial & listing details

      • Price per square foot: $299/sqft
      • Tax assessed value: $598,700
      • Annual tax amount: $2,326
      • Date on market: 6/25/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/25/2026Listed for sale$1,049,900-3.7%$299/sqft
        Source: East Tennessee Realtors #1345925 Report a problem
        5/29/2026Listing removed$1,089,900$311/sqft
        Source: East Tennessee Realtors #1337694 Report a problem
        5/7/2026Price change$1,089,900-0.9%$311/sqft
        Source: East Tennessee Realtors #1337694 Report a problem
        4/21/2026Listed for sale$1,099,900+87.2%$313/sqft
        Source: East Tennessee Realtors #1337694 Report a problem
        11/16/2018Sold$587,400+1.3%$167/sqft
        Source: East Tennessee Realtors #1056022 Report a problem
        9/13/2018Listed for sale$579,900-6.3%$165/sqft
        Source: Alliance Sotheby's International Realty #1056022 Report a problem
        7/7/2008Sold$619,000$176/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,326 $149,675
        2024$2,326 $149,675
        2023$2,326 $149,675
        2022$2,326 -13.9%$149,675 +17.5%
        2021$2,700 $127,350 -75%
        2020$2,700 $509,400
        2019$2,700 $509,400
        2018$2,700 --
        2017$2,700 -1.7%$127,350
        2016$2,747 --
        2015$2,747 --
        2014$2,747 +0%--
        2013$2,747 -47.5%--
        2012$5,232 --
        2011$5,232 -29.1%$108,550 -29.1%
        2010$7,377 $153,050
        2009$7,377 +794.2%$153,050 +920.3%
        2008$825 $15,000
        2005-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 37934

          Getting around

          23 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          14 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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