Wallace Luxury Spotlight | 1609 Wembley Hills Road Knoxville, TN 37922
A Flexible, Elegant Home in One of West Knoxville’s Most Established Communities
Nestled in the Sherwood neighborhood of Whittington Creek, one of West Knoxville’s most desirable communities, this beautifully maintained home offers a blend of timeless charm, thoughtful functionality, and neighborhood amenities that cater to a wide range of lifestyles.
With four bedrooms, three-and-a-half baths, and a flexible layout that includes a separate office, spacious bonus room, and a walk-up attic, this home provides the room you need to live, work, and unwind comfortably. The main level welcomes you with a flowing design that seamlessly connects the kitchen, dining, and living areas—ideal for both everyday living and entertaining. A screened-in porch just off the living space offers the perfect place to relax outdoors in comfort and privacy.
Car enthusiasts and busy households alike will appreciate the convenience of the 3-car garage, located on the main level for easy access. Upstairs, each of the four bedrooms offers generous space and natural light, while the oversized bonus room provides added versatility. Whether you’re hosting guests, creating a playroom, or carving out a media space, this home is ready to adapt to your needs.
The walk-out basement is framed and plumbed, offering future potential for even more living space—whether you envision a home gym, additional guest suite, or custom theater room.
Highlights of the Home Include:
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4 bedrooms, 3.5 baths with flexible living spaces
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Screened-in porch and private backyard
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Separate office on the main level
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3-car garage with main-level entry
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Spacious bonus room and walk-up attic
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Unfinished, walk-out basement framed and roughed in with plumbing
As a resident of Whittington Creek, you’ll enjoy access to community sidewalks, a clubhouse, pool, tennis courts, and walking trails—all in an established neighborhood with convenient access to dining, shopping, and more.
Listed by Caroline Badgett “The Agents Who Care” – Wallace Real Estate Farragut Office | Click here for more information.
April 2025 Real Estate Market Update: What You Need to Know
East Tennessee Real Estate Market Update – April 2025
As the weather warms up, the East Tennessee housing market is beginning to bloom—with more listings, more activity, and plenty of opportunity. But before you make your move, it’s important to understand what’s really happening in the market.
Whether you’re a hopeful buyer or a ready-to-sell homeowner, here’s what the latest stats mean for you:
More Homes Are Hitting the Market
New listings continue to rise, and if the trend follows previous years, we’ll likely see a peak in June or July. For buyers, this is good news: more listings mean more options. But with more inventory, we also tend to see more buyers jump back in—especially those who’ve been waiting on the sidelines. That means competition may heat up again.
For sellers: With fresh inventory entering the market, pricing your home correctly from day one is more important than ever. The first week is crucial, attracting the most serious and ready buyers. Miss that window, and your home may linger longer than expected.
Active Listings: More Exposure, More Competition
We’ve seen a rise in active listings this year. This increase is a good sign—more homes are being marketed through the MLS, where they’re widely visible to buyers and agents alike. It also means buyers have more time and options to explore.
For sellers: More listings = more competition. Make sure your home is well-staged, priced accurately, and marketed effectively to stand out.
Pending Sales Are Back to 2021 Levels
The number of homes going under contract is nearly identical to what we saw in 2021 and 2022—two of the busiest years in real estate. Although this year’s growth has been more gradual, buyers are clearly making moves.
For buyers: Be ready to act fast when you find the right property. For sellers: A well-priced home in good condition is still moving quickly.
Closings Are Lagging Behind
Despite strong pending numbers, closed sales haven’t caught up yet. Why the gap? Several factors may be at play: tougher negotiations after home inspections, appraisal challenges, and financing hurdles—especially as costs like interest rates and commissions shift.
For both buyers and sellers: Clear communication and realistic expectations are key. Know what’s negotiable, and work closely with your real estate professional to craft a strong, fair contract.
Inventory Is Growing, So Strategy Matters
The months of supply—a measure of how long it would take to sell current inventory—has increased. More listings and slower sales mean sellers must work harder to capture buyer attention.
Sellers: A sign in the yard and an MLS listing isn’t enough anymore. You need a smart marketing plan and a seasoned agent.
Prices Are Holding Steady
The median sales price held flat compared to last month. That means buyers don’t have the upper hand to start lowballing offers—and sellers can’t overreach with unrealistic asking prices.
Buyers: Expect fair market value, not deep discounts. Sellers: Stick to pricing based on comps and condition.
Time on Market is Growing
On average, it’s taking a little over two months from listing to closing. Most homes are spending about 30 days on the market before going under contract.
Sellers: Stay informed and engaged with your agent. Local market trends, price point, and home condition all affect how quickly your property moves.
Whether you’re buying or selling, the East Tennessee market is active and evolving. The key to success is working with a real estate professional who understands the trends and can guide you through each step. Wallace agents are here to help you navigate this season with confidence.
As always, working with a knowledgeable real estate professional can help you navigate the nuances of this dynamic market. Whether you’re looking for your first home, selling your current one, or simply curious about market trends, I’m here to help you navigate this evolving market.
*Stats provided with permission from the East Tennessee Realtors Multiple Listing Service. As reported by Claudia Stallings, Wallace Real Estate COO.
Wallace Luxury Spotlight | 2869 Luther Catlett Circle Sevierville, TN 37876
Welcome to this one-of-a-kind mountain retreat offering 4 bedrooms, 4 bathrooms, and a total of 6,771 sq ft of living space, including spacious bonus rooms and unique features throughout.
The home’s main level boasts an incredible primary suite, two additional bedrooms, and three full bathrooms, along with a grand living area centered around a floor-to-ceiling stone, wood-burning fireplace.
The well-appointed kitchen features an electric stovetop, built-in double oven, microwave, dishwasher, refrigerator, a deep kitchen sink, a walk-in pantry, and generous cabinet and counter space-perfect for entertaining or everyday living.
Just off the kitchen, the bright sunroom offers the perfect spot to relax with a hot tub included, and leads to a freshly painted back deck with brand-new decking and handrails, all overlooking breathtaking views of the mountains and the French Broad River.
The upper level includes two large bonus rooms and an additional bedroom, ideal for guests, home offices, or recreation. On the lower level, you’ll find a full bathroom and a versatile space that can function as a mother-in-law suite, with interior and exterior access to the patio and 2-car garage.
A unique slide adds a fun and unexpected touch, connecting the main floor to the lower level, where the newly finished slide room adds extra charm.
This home has been thoughtfully updated with a new HVAC system, new roof and gutters, new dormer siding, new exterior paint for the entire home, newer kitchen appliances, new drywall and interior paint downstairs, and many more improvements throughout.
The property also features a beautifully landscaped, massive backyard with a stone pond and waterfall. All appliances and the hot tub will remain with the home. This is a rare opportunity to own a truly special property with unmatched views, character, and space-don’t miss your chance to make it yours!
Presented by Hali Combs Whaley – Wallace Real Estate | Click here for more information!
Wallace Luxury Spotlight | 11742 Providence Ridge Way Knoxville, TN 37932
This Wallace Luxury property is a rare and remarkable lakefront retreat on Melton Hill Lake, in the popular Hardin Valley area of Knoxville. The home offers some of the most breathtaking water views in East Tennessee.
Tucked behind a gated entrance on 6.725 lakefront acres, this one-of-a-kind Melton Hill estate is the kind of property you dream about but rarely find. With 1,027 feet of shoreline-spanning both the main channel and a quiet deep-water cove, you get wide-open views and peaceful protection for your dock, lift, and jet ski ramp.
From nearly every room, you’ll catch those million-dollar water views, whether you’re sipping coffee on the screened porch or gathering by the stone fire pit after sunset. The custom brick basement ranch offers over 5,500 square feet, including five bedrooms, four and a half baths, two full kitchens, two laundry rooms, and a true chef’s kitchen outfitted with Viking, Thermador, and Bosch appliances.
A theater room, fiberglass pool, and composite deck round out the entertaining spaces, all designed with everyday comfort in mind. The fully insulated 1,728 sq ft Morton garage has enough room for RV storage, a boat, and just about any other toy you may need, and includes a 30-amp hookup.
Add in year-round geothermal HVAC efficiency, total privacy, and postcard-worthy surroundings, and you’ve got a lake home that truly has it all. Minutes away from schools, premier shopping, and Knoxville’s best restaurants.
Listed by Debbie Yankey – Wallace Real Estate | Click here for more information.
Wheels Up from Knoxville: 30+ Nonstop Flights from McGhee Tyson to Your Favorite Destinations
Whether you’re dreaming of a quick beach getaway, planning a visit to family, or heading out for a work trip, flying out of Knoxville has never been easier. McGhee Tyson Airport (TYS) offers nonstop flights to more than 30 destinations across the U.S.—making travel from East Tennessee simple, convenient, and surprisingly affordable.
As you start planning your spring and summer adventures, here’s a look at where you can go without a single layover.
Beach Bound – Ready for sun and surf?
These nonstop destinations are perfect for a warm-weather escape:
- Destin–Ft. Walton Beach
- Gulf Shores/Orange Beach
- Fort Lauderdale
- Miami
- Punta Gorda
- Sarasota/Bradenton
- St. Petersburg/Tampa Bay
- Orlando (MCO and Sanford)
- Jacksonville
Pro Tip: Many of these are serviced by Allegiant Air, known for its affordable fares—so your next vacation might be closer (and cheaper) than you think.
Big Cities, Big Fun – Looking for museums, nightlife, or major league sports?
These nonstop flights can get you there in a few hours or less:
- Atlanta
- Austin
- Boston
- Chicago (Midway and O’Hare)
- Dallas–Fort Worth
- Denver
- Houston (Bush and Hobby)
- Las Vegas
- New York (LaGuardia and Newark)
- Philadelphia
- Phoenix
- Washington D.C. (Dulles and Reagan)
Visit Friends & Family, or Just Explore – Need to visit loved ones or check out someplace new?
These spots are just a nonstop flight away:
- Charlotte
- Detroit
- Minneapolis–Saint Paul
- New Haven
- South Bend
- MidAmerica/St. Louis
Having this kind of access is a major bonus for East Tennessee residents. Whether you’re relocating for work, moving closer to family, or just looking for a better lifestyle, easy travel is one more reason to call our region home.
Looking for a home base that makes exploring the country easy? Wallace Real Estate has been helping East Tennesseans since 1936—and we’d love to help you take off in the right direction.
Wallace Luxury Spotlight | 4015 Topside Road Knoxville, TN 37920
Perched above the scenic Tennessee River and set on 3.54 pristine acres, this custom-built lakefront estate is where timeless design meets unmatched views. Located just minutes from downtown Knoxville and the University of Tennessee, this rare property offers the best of both worlds-peaceful seclusion and unbeatable convenience.
This exceptional lakefront estate offers breathtaking panoramic views of the Tennessee River and surrounding mountains from nearly every room, filling the home with natural beauty and a sense of calm from sunrise to sunset.
Whether you’re sipping your morning coffee in the kitchen or winding down in the great room, the ever-changing views create a serene, picturesque backdrop for everyday living. Venture outside to the resort-style saltwater pool, perfectly positioned to take in the sweeping vistas, and surrounded by an expansive lounging area ideal for relaxing or hosting gatherings. The adjacent pool house with a stylish dry bar makes entertaining effortless-pour a drink, catch the game, or mingle with guests without ever leaving your private oasis.
Just nearby, a rustic post-and-beam pavilion anchors the lakeside setting, complete with an open fire pit area-the ultimate spot for storytelling under the stars, cozy evenings with friends, or roasting s’mores while watching the boats glide by. Every detail of this outdoor living space was thoughtfully designed to blend luxury, comfort, and unforgettable natural beauty.
Enjoy effortless lakefront living with year-round deep-water access from your private shoreline. The low-maintenance Trex decked dock offers both durability and beauty, extending your outdoor living space right over the water. Launch your adventures with ease using the hydraulic boat lift, designed for smooth, secure access to the river at a moment’s notice.
For added fun and flexibility, dual jet ski ports are ready for spontaneous spins across the lake-perfect for family weekends or entertaining guests with a splash of adrenaline. Whether it’s a peaceful sunrise cruise or an action-packed afternoon, this dock is your gateway to making the most of every season on the water.
Inside, the heart of the home is a designer kitchen that masterfully blends function and style, featuring polished granite countertops, new wide-plank hardwood floors, custom cabinetry, and high-end stainless appliances-all framed by warm natural light and open sightlines. This culinary space flows seamlessly into the traditional floor plan, designed for both everyday comfort and gracious entertaining, with formal and informal living areas that allow families to gather or spread out as needed.
Upstairs, the spacious primary suite is a true retreat, offering stunning views and a spa-inspired bath complete with a vintage-style clawfoot tub, separate walk-in shower, dual vanities, and a large walk-in closet. A bonus fourth bedroom provides flexible space that’s perfect for guests, a home office, nursery, or hobby room.
The finished walk-out basement expands your living options even further, with a cozy natural gas fireplace, custom built-in bookcases, a fifth bedroom, and full bath-ideal for use as a rec room, media lounge, or private in-law suite. Upstairs, a walk-up attic provides generous storage potential and includes a climate-controlled closet for safeguarding delicate items like wine, art, or seasonal clothing.
The attached 3-car garage offers daily convenience with built-in cabinetry, keeping tools and gear organized and out of sight. Completing the estate is a detached carriage house, thoughtfully designed with a climate-controlled 2-car garage and workshop, perfect for car collectors, woodworkers or hobbyists.
The living area for the carriage house is 792sqft. Above, the expansive media and billiards room with a full bath offers the ultimate space for entertaining guests hosting game nights or creating a private studio, office or guest suite. Explore this home’s timeless elegance and exceptional functionality.
Wallace Luxury Spotlight | 1320 Lower English Creek Road Newport, TN 37821
Versatile Mountain View Property with Unlimited Possibilities in Newport
Welcome to 1320 Lower English Creek Road—an unrestricted 4+ acre property offering sweeping mountain views, exceptional workshop and garage space, and impressive multi-use functionality. Whether you’re a car enthusiast, entrepreneur, or someone dreaming of flexible living and hosting options, this unique Newport home delivers.
Enter the main residence and you’ll find over 3,400 square feet of space, including four bedrooms and three-and-a-half baths. A full suite downstairs offers privacy and convenience, perfect for guests or multi-generational living. The main garage is attached with space for two vehicles, but that’s only the beginning.
This property features not one but two detached garages—both thoughtfully designed for function and future possibilities. One structure is insulated and houses a full commercial-style kitchen, ideal for canning, hosting large gatherings, or converting into separate living quarters. It even includes its own half bath, water heater, septic, and a mounted screen for entertainment. Imagine game day parties, business operations, or a quiet guest retreat—all right here.
The second garage space includes a powder-coating room, workshop, RV hookup, and climate-controlled areas with four more garage bays. Whether you’re running a business, restoring vintage cars, or dreaming of a space to build something new, this setup delivers.
Additional highlights include:
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Over 10 garage bays across multiple buildings
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Commercial-grade canning kitchen and entertaining space
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RV hookups and climate-controlled workshop
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Detached structures with Wi-Fi for business or play
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Scenic mountain views and nearby golf course
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New HVAC and a roof just 6 years old
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No restrictions—freedom to live how you choose
Versatile, spacious, and ready for whatever dream you bring with you—this Newport property is a rare opportunity to enjoy both tranquility and possibility.
Listed by Traci Greene – Wallace Real Estate North Office | Click here for more information
Wallace Luxury Spotlight | 3219 Grouse Ridge Lane Sevierville, TN 37862
Luxury Meets Seclusion at The Pinnacle – Your Ultimate Mountain Retreat in Wears Valley
Escape to the heart of East Tennessee and experience elevated living at The Pinnacle—a luxurious, fully furnished mountain cabin nestled in the serene beauty of Wears Valley. With breathtaking panoramic views, an expansive wraparound deck, and thoughtfully designed spaces for relaxation and entertainment, this is more than a getaway—it’s a lifestyle.
Whether you’re looking for a private family retreat or a high-performing investment property, The Pinnacle offers the perfect blend of comfort, elegance, and mountain charm.
Space for Everyone—with Views to Match
This impressive 4-bedroom, 6-bathroom cabin features two additional bonus rooms, comfortably accommodating up to 18 guests. Each level of the home is crafted to provide both privacy and gathering spaces, ideal for large families or entertaining friends.
The main level welcomes you with:
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A gourmet kitchen with granite countertops and ample space for preparing meals
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A grand dining area for shared dinners and celebration
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A cozy, light-filled living room centered around a stunning stone fireplace
Downstairs, the cabin offers a second living space, complete with its own fireplace, a pool table, classic arcade games, and four additional bedrooms, ensuring everyone has room to unwind.
Unmatched Outdoor Living
Surrounding the cabin is a spectacular 270-degree wraparound deck, offering endless mountain views—perfect for your morning coffee or sunset cocktails. The outdoor living experience is elevated even further with:
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A hot tub for evening relaxation
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A fully equipped outdoor kitchen
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A charming gazebo ideal for quiet moments or festive gatherings
From every corner, you’re immersed in the natural splendor of the Smokies.
Tranquil Yet Convenient
Despite its peaceful, secluded setting, The Pinnacle is located just minutes from top area attractions:
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Pigeon Forge
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Gatlinburg
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Dollywood
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Great Smoky Mountains National Park
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Local shops and restaurants
It’s the rare combination of total privacy and easy access to everything East Tennessee has to offer.
Additional Highlights:
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Ample parking space
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Fully furnished and move-in or rental ready
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Drone photography captures the sweeping vistas and unique layout
Whether you’re looking to host unforgettable gatherings, generate rental income, or simply relax in style, The Pinnacle offers the perfect mountain escape.
Schedule your private showing today and discover the tranquility, luxury, and views you’ve been dreaming of.
Listed by Marcie Santiago – Wallace Real Estate North Office | Click here for more information!
Wallace Luxury Spotlight | 9502 Old Loyston Road Knoxville, TN 37938
Luxury Mountain Living Just Minutes from Halls – A Custom Retreat on 5+ Private Acres
Welcome to a one-of-a-kind opportunity to experience luxury living paired with peaceful mountain serenity, all while being just minutes from the conveniences of Halls and downtown Knoxville. Set atop 5.22 private acres, this brand-new custom-crafted home offers 2,730 square feet of thoughtfully designed living space, surrounded by sweeping mountain views and nature’s tranquility.
From the moment you arrive, the stone columns and decorative concrete drive set the tone for the quality and craftsmanship found throughout the property. The striking barn-dominium-style front, featuring a stone exterior, timber frame accents, and wood ceilings over the porch, welcomes you into a home where every detail has been designed for comfort, elegance, and functionality.
Exceptional Interior Craftsmanship
Step through the solid oak front door into an open floor plan flooded with natural light. Throughout the home, you’ll find engineered hardwood flooring, textured walls and ceilings, and oversized baseboards that add a rich, craftsman feel.
The gourmet kitchen is a true showstopper, featuring:
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Hardwood cabinetry with crown and bottom moldings
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Granite countertops and tiled backsplash
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Farmhouse sink with pot filler
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Butcher block island perfect for prep or casual dining
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Walk-in pantry, pull-out spice cabinet, and undercabinet lighting
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Four-door refrigerator completing the high-end appliance package
The primary suite offers a luxurious retreat with three-piece accent crown molding, dual walk-in closets with built-in chests, and dimmable lighting for ultimate relaxation. The spa-like en-suite bath boasts granite counters, dual sinks, custom mirrors, and a beautiful walk-in shower with a rain shower feature.
Flexible Living and Entertaining Spaces
Upstairs, a custom iron staircase leads to a spacious loft complete with a full wet bar, electric fireplace, and prewiring for surround sound—making it the perfect media room or entertaining space. Two oversized bedrooms upstairs each offer large walk-in closets with built-in storage, and the upstairs bath mirrors the home’s elegant finishes with dual granite vanities and deco mirrors.
Outdoor Living and Ideal Location
The back patio offers a perfect space to enjoy East Tennessee’s natural beauty, framed by wood beams, custom iron railings, and gorgeous mountain views.
Despite the secluded feel, this home is ideally located:
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8 minutes from Halls
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20 minutes from Downtown Knoxville
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45 minutes to the Great Smoky Mountains
You’ll enjoy the best of both worlds—privacy and tranquility, with easy access to shopping, dining, and outdoor adventures.
A Truly Unique Find
Built with exceptional craftsmanship and stunning finishes throughout, this home is ready for its first owners to enjoy everything it has to offer. Schedule your private tour today and discover your dream retreat in the heart of East Tennessee.
Listed by Vickie Bailey Team – Wallace Real Estate | Click here for more info!
Wallace Luxury Spotlight | 2732 Cayanne Road Cosby, TN 37722
A Breathtaking Mountain Retreat Where Serenity Meets Style
Escape to a life of peace, beauty, and connection with this exceptional mountain retreat, thoughtfully designed to offer panoramic views, spacious indoor and outdoor living, and a year-round sense of tranquility. Nestled in a quiet, scenic community, this home delivers the perfect blend of natural beauty and modern comfort.
At the heart of the home is a sun-filled sitting room, where tall windows frame breathtaking mountain vistas, inviting you to enjoy every season—from snowy winters to vibrant autumn displays. Step onto the expansive back deck, ideal for relaxing in a rocking chair, hosting gatherings, or simply taking in the quiet rustle of the trees.
Set on nearly one acre, the property offers room for gardening, outdoor games, and cozy evenings around the fire pit. Frequent visits from deer, hummingbirds, foxes, and even the occasional bear create a living connection with nature.
Inside, the open-concept living space is flooded with natural light, featuring a cozy fireplace, a large game and TV room, and a spacious primary suite with a spa-like copper soaking tub. Guests will love the private suite with its own balcony overlooking the serene landscape.
Unique to this property is the three-story detached garage, offering an oversized main level for vehicles, a full workshop below, and a second-story storage area with an elevator lift—perfect for storing seasonal decor and outdoor gear.
With private walking paths, ATV-friendly roads, and a location just minutes from the interstate, this retreat offers a rare balance of seclusion and accessibility.
More than just a home, it’s a lifestyle—one built around natural beauty, thoughtful design, and unforgettable memories. A rare opportunity to own a true piece of mountain paradise.
Listed by Vickie Bailey Team – Wallace Real Estate Bearden Office | Click here for more information!