5000 Palace Lane, Knoxville, TN 37918

$530,000
3
BD
3
BA
3,403
SqFt

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Sold Price
$530,000
List Price
$549,000
Closing Date
Mar 12, 2026
MLS#
1314613
Status
CLOSED
Type
Single Family Residential
City
Knoxville
County
Knox
Bedrooms
3
Bathrooms
3
Baths Half
1
Baths Full
2
Living Area
3,403
Year Built
1995
DOM
185

Property Description

--GREAT NEW PRICE-- OWNER SAYS 'SELL IT!' Make better what's already good with this splendid corner lot/ cul-de-sac offering. Handsome & strong, its all brick 2-story Southern design offers abundant ''space and grace'' and is ideal for kids/pets/ and active family living. Main Level Primary Suite, open flow Vaulted Great Room & adj. Dining Room - flanked by a wide, welcoming Foyer & Sitting Room/ Office. Well-appointed Kitchen with Breakfast Room/ Rear Deck & Screened Porch -- with breathtaking rear views of neighboring lush gardens. Upstairs presents two + spacious Bedrooms w/ shared Bath, Hobby Room (could be bedroom #4), Leisure Loft and nice storage. New replacement windows, recent HVAC, new Encapsulated Crawl Space, and more. Wonderful neighborhood (active HOA w/ hosted ice cream & social gatherings), close proximity to superior Shannondale Elementary School & prominent Fountain City Amenities. A few updates could make this property 'Dazzling!'. NOW PRICED WITH YOUR DREAMS IN MIND... [NOTE: $50k price reduction provides abundant room for Buyer updates].

Additional Information

Acres
0.24
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer, Gas Cooktop
Construction
Brick
Cooling
Central Air
Exterior Features
Prof Landscaped
Fireplace
Yes
Floors
Carpet, Tile, Vinyl, Hardwood
Garage
Attached, Main Level, Garage Door Opener, Garage Faces Side
Living Area
3,403
Lot Description
Cul-De-Sac, Rolling Slope, Corner Lot
Lot Dimensions
130.25 x 126.68 x IRR
Style
Traditional
Subdivision
Fountain Gate S/D Unit #2
View
Other
Year Built
1995
Subdivision
Fountain Gate S/D Unit #2
Heating
Central, Natural Gas, Electric
Num Of Rooms
10
Restrictions
Yes
Fireplaces
1
Hoa
Mandatory
Hoa Fees
$150
Hoa Freq
Yearly
Bonus Room
Yes
Association Fee Incl
Some Amenities
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Agent: Jon Brock |

Office: Realty Executives Associates |

Selling Office: .