The Reserve @ Penrose Farm Homes for Sale

The Reserve @ Penrose Farm Homes for Sale

Welcome to The Reserve @ Penrose Farm, a hidden gem nestled in the heart of Knoxville, TN. This picturesque subdivision offers a harmonious blend of nature and modern living, making it an ideal choice for families, retirees, and everyone in between. With its serene surroundings and beautifully designed homes, The Reserve is more than just a place to live; it’s a community where memories are made.

The Reserve @ Penrose Farm features an array of stunning homes for sale, each showcasing exquisite craftsmanship and contemporary designs. Whether you’re looking for a cozy single-family home or a spacious abode with ample room for entertaining, you’ll find a variety of options to suit your lifestyle. Many of these homes boast open floor plans, gourmet kitchens, and luxurious master suites, all set against the backdrop of lush greenery and scenic views.

Living in The Reserve means enjoying the tranquility of suburban life while being just a short drive away from the vibrant city of Knoxville. Residents can take advantage of nearby parks, hiking trails, and recreational facilities, ensuring that outdoor enthusiasts will always have something to explore. Additionally, the community is conveniently located near top-rated schools, shopping centers, and dining options, providing everything you need within reach.

If you’re ready to discover your dream home in this enchanting subdivision, explore the homes for sale at The Reserve @ Penrose Farm today. Here, you’ll find not just a house, but a place where you can truly feel at home. Welcome to a lifestyle of comfort, community, and endless possibilities!

Newest The Reserve @ Penrose Farm Homes for Sale

$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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