The Reserve @ Penrose Farm Real Estate

The Reserve @ Penrose Farm Real Estate

Welcome to The Reserve @ Penrose Farm, a picturesque subdivision nestled in the heart of Knoxville, TN. This charming community perfectly balances tranquility and convenience, making it an ideal place for families, young professionals, and retirees alike. With its stunning landscapes and thoughtfully designed homes, The Reserve offers residents a serene retreat from the hustle and bustle of city life.

One of the standout features of The Reserve @ Penrose Farm is its commitment to preserving the natural beauty of the area. Lush greenery, mature trees, and scenic walking trails weave throughout the neighborhood, inviting you to explore and connect with nature. The meticulously landscaped common areas provide a welcoming atmosphere, perfect for leisurely strolls or friendly neighborhood gatherings.

Location is key, and The Reserve is conveniently situated near major roadways, allowing for easy access to downtown Knoxville and beyond. Residents enjoy a wealth of nearby amenities, including shopping centers, dining options, and recreational facilities. Families will appreciate the proximity to highly-rated schools, ensuring that education is just a stone's throw away.

Whether you're looking to build your dream home or find a cozy retreat, The Reserve @ Penrose Farm offers a variety of architectural styles to suit your taste. With a strong sense of community and a commitment to quality living, this subdivision is more than just a place to live—it's a place to thrive. Come discover the charm and elegance of The Reserve @ Penrose Farm, where your perfect home awaits!

Newest Listings in The Reserve @ Penrose Farm

$870,000
5 Beds 5 Baths 1339217 MLS
SPECIAL BUILDER FINANCING AVAILABLE AS LOW AS 5.875%*! Welcome to 8117 Carolina Cherry Lane, the only completed, move-in-ready new construction home currently available in The Reserve at Penrose Farm. With only four homesites remaining for future construction, this is a rare opportunity to move into a brand-new West Knoxville home without waiting through the building process. Offering 5 bedrooms, 5 baths and approximately 3,345 square feet, this thoughtfully designed home combines everyday functionality with elevated finishes. The light-filled main level features a privately situated owner's suite, dedicated home office and flexible additional space that can adapt as a playroom, study, music room or second office. The kitchen serves as the heart of the open living area with generous workspace, a large gathering island and walk-in pantry. Hardwood and tile flooring, tall ceilings and detailed finishes create a polished yet comfortable environment for daily living and entertaining. Upstairs, additional bedrooms provide privacy for family or guests, while a spacious bonus room and separate media room offer exceptional flexibility for movie nights, recreation, hobbies or another living area. Outside, the covered patio overlooks a level, usable backyard with irrigation and a newly planted landscape buffer designed to provide increasing privacy as it matures. The home's convenient 37919 location places shopping, dining, schools, parks and West Knoxville amenities just minutes away. If you have been waiting for a spacious new home with a main-level owner's suite, flexible living areas and immediate occupancy, this is your opportunity. Schedule your private showing and ask about the builder-sponsored financing program available through the preferred lender. *Builder-sponsored financing is available to qualified buyers through Rick Wilkinson with Mortgage Direct. Advertised 5.875% interest rate and 6.23% APR are based on a 30-year fixed-rate conventional loan as of 8/14/26. Buyer must qualify for financing and satisfy applicable credit, underwriting, loan-to-value and loan-program requirements. Terms, rates and availability are subject to change without notice. Builder contributions are subject to applicable loan-program limits and final lender approval. Contact the lender for complete terms, costs and eligibility requirements.

8117 Carolina Cherry Lane, Knoxville

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