Luxury Spotlight April 21, 2025

Wallace Luxury Spotlight | 519 W Vine Avenue Knoxville, TN 37902

Stylish Urban Living with Skyline Views at The Vine City House

Experience the perfect blend of luxury, sophistication, and city convenience in this stunning 4-bedroom, 3.5-bath contemporary condo located in the heart of Knoxville. Designed for those who crave uptown living with upscale flair, this home combines sleek architectural details with thoughtful comfort in every room.

Enter through a gated courtyard and into your private 2-car garage, then step through custom double-frame glass doors into a home that radiates style. The open-concept layout showcases rich hardwood flooring, striking black-and-white deco tile accents, and natural light streaming through floor-to-ceiling windows that frame incredible city and mountain range views.

Gourmet Touches & Spaces That Shine

The heart of the home is the gourmet kitchen, complete with an Italian marble island, custom cabinetry, stainless steel appliances, and a dramatic tile backsplash. Flanked by a sunny keeping room and a formal dining room, this space is ideal for both intimate dinners and grand-scale entertaining. Outside, the lower-level patio and main-level deck provide perfect spots to grill, unwind, or take in the view.

Retreat-Ready Bedrooms & Spa-Like Baths

The primary suite is a serene retreat, featuring 9-foot ceilings, two walk-in closets, and panoramic views. The elegant en-suite bath boasts marble-topped vanities, a glass walk-in shower with dual rainforest fixtures, and a soaking tub framed by timeless tile and thoughtful finishes.

Additional bedrooms on the upper and lower levels offer privacy and flexibility—ideal for guests, a home office, or a personal studio. Each bathroom is designed with stone or marble finishes, enhancing the home’s overall sense of luxury.

Exclusive Rooftop & Premium Details

For the ultimate Knoxville experience, head up to the 4th-floor rooftop deck with EIPE flooring—perfect for watching fireworks, sporting events, or simply soaking in the skyline. The laundry room is equipped with a side-by-side Maytag washer/dryer and built-in shelving. A locked exterior closet provides extra storage for outdoor gear, and two Rinnai tankless water heaters ensure efficiency and comfort.

The Best of City Living

Located in the exclusive Vine City House, this home offers gated security, beautiful greenscaped surroundings, and quick access to Downtown Knoxville’s thriving arts scene, dining, and sports. It’s a lifestyle that’s both elevated and easygoing—with elegant finishes, contemporary style, and unbeatable views.

Live above it all in one of Knoxville’s most refined addresses.

Presented by Joyce Tapscott – Wallace Real Estate Bearden Office | Click here for more information.

Luxury Spotlight April 21, 2025

Wallace Luxury Spotlight | 1052 Craigland Court Knoxville, TN 37919

Timeless Elegance in the Heart of Westmoreland – Welcome to Craigland

Nestled on one of Knoxville’s most beautiful and coveted private streets, this French-inspired masterpiece offers an extraordinary lifestyle in the heart of the Bearden and Westmoreland area. Welcome to Craigland—where luxury, craftsmanship, and natural beauty converge.

Built in 2002 by F.E. Trainer Construction, this custom home showcases refined architecture and warm character at every turn. From the moment you arrive, you’re greeted by a circular drive, lush landscaped beds, and an arched custom oak entry door that opens into a soaring 20-foot cathedral great room, complete with rough-hewn beams, a stone fireplace, and timeless elegance throughout.

Spaces Designed for Living Beautifully

The flowing floor plan blends functionality with charm, offering both formal and informal living areas. A gourmet kitchen with Mouser wood cabinetry, stainless appliances, and a statement backsplash opens to a cozy keeping room and formal dining area, creating the perfect space for everyday living or entertaining guests.

Natural light fills the sunroom, where walls of windows overlook a wooded green backdrop and a sparkling creek below—a peaceful retreat in every season. A charming den or library, a powder room with pedestal vanity, and rich walnut hardwood floors add further refinement to the main level.

A Primary Suite Unlike Any Other

The main-level primary suite is a private sanctuary, complete with 18-foot cathedral ceilings, a stone fireplace, and tranquil views of the surrounding landscape. The suite features dual bathrooms, each with its own walk-in shower, vanity, and walk-in closet, plus a private study or sitting room and convenient elevator access to all three floors.

Flexible Upper & Lower Levels

Upstairs, you’ll find two additional bedrooms—each with a private bath—and an unfinished flex room that could serve as a fourth bedroom, gym, or bonus space. A loft landing offers a quiet nook for reading or relaxing.

The basement level offers versatile extra space, including a large workshop, playroom or office, a half bath, and a garden sink—all paired with a spacious two-car garage and multiple storage closets.

A Setting That Complements the Home

Outdoors, stone steps lead to the creek, where wildflowers and perennials bloom beneath mature trees. Every detail—inside and out—has been crafted with care, from reclaimed beams and Biltmore winery brackets to the architectural trims and greenscaped views that elevate this home to a class of its own.

Located on a private, winding street surrounded by other custom homes and immaculately landscaped grounds, this is more than a home—it’s a lifestyle of elegance, serenity, and distinction.

This is Craigland…Come experience it for yourself.

Presented by Joyce Tapscott – Wallace Real Estate Bearden Office | Click here for more information!
Luxury Spotlight April 17, 2025

Wallace Luxury Spotlight | 8405 Washington Pike Corryton, TN 37721

Rustic Charm Meets Modern Comfort on 16+ Private Acres at 8405 Washington Pike

Welcome to 8405 Washington Pike, a beautifully renovated retreat tucked away on 16.1 acres of rolling pastures, mature woods, and natural beauty. Just minutes from city conveniences, this private oasis offers the best of East Tennessee living—complete with a meandering creek, visits from deer and songbirds, and space to roam, relax, and recharge.

Originally built with charm and character, the home was thoughtfully renovated in 2015, blending original features like refinished hardwood floors and cedar-lined closets with modern upgrades that enhance both style and comfort. The kitchen is the heart of the home, featuring granite countertops, soft-close cabinetry, a marble backsplash, and a welcoming island perfect for gatherings.

Enjoy cozy nights in the open living area beside the wood-burning fireplace, or unwind on the freshly painted back deck, overlooking a landscape dotted with mulberry trees, wild blackberries, and a custom firepit perfect for evening get-togethers.

With 3 bedrooms, 2.5 bathrooms, and a versatile bonus room, the home provides flexibility for families, guests, or creative pursuits. An oversized 3-car garage offers ample space for hobbies, storage, and outdoor gear.

Whether you’re looking for a peaceful primary residence or a countryside escape, this property is a rare blend of natural serenity and modern convenience—a place where you can build your dream life surrounded by beauty.

Schedule your private tour of 8405 Washington Pike today and experience the comfort, space, and soul of this one-of-a-kind property.

Presented by Jessica Richard – Wallace Real Estate North Office | Click here for more info! 

Luxury Spotlight April 16, 2025

Wallace Luxury Spotlight | 4202 Brooksview Road Lenoir City, TN 37772

Main Channel Living on Fort Loudoun Lake – A Waterfront Retreat Built for Relaxation and Entertaining

Welcome to lakefront luxury living at its finest—nestled along the main channel of Fort Loudoun Lake, this beautifully maintained home offers the perfect blend of comfort, function, and year-round recreation. With breathtaking water views, thoughtful design, and direct access to the lake, this property is more than a home—it’s a lifestyle.

A Thoughtfully Designed Home with Room to Breathe

From the moment you arrive, it’s clear this home has been meticulously cared for. With 3 spacious bedrooms, 3.5 bathrooms, and an additional flex room ideal for a home office or extra bedroom, there’s ample room for both everyday living and hosting guests. The large eat-in kitchen is a central gathering space, while the living and dining rooms open up to spectacular lake views that can be enjoyed from the comfort of your home—or out on the main-level Trex deck designed for low-maintenance outdoor enjoyment.

A Walkout Basement Made for Entertaining

The fully finished walkout basement expands the home’s living space significantly. With its own kitchen, living/dining room combo, and two rooms that have been used as additional bedrooms, this level is perfect for entertaining, multi-generational living, or extended guests. From here, make your way directly out to the private dock, making days on the water effortless and fun.

Outdoor Amenities That Elevate Every Season

This property is built for the best of East Tennessee outdoor living. The dock, built in 2009 with Trex decking, features both a boat and jet ski lift—everything you need for easy lake access. After a day on the water, unwind by your private pool, soaking in the peace and beauty of your surroundings.

Additional features include:

  • Heated and cooled garages for year-round comfort

  • Half bath conveniently located in the garage

  • Jacuzzi tub in the primary bath for spa-like relaxation

  • Durable Trex decking on both levels

Your Lakefront Lifestyle Awaits

Whether you’re searching for your full-time dream home or a weekend escape, this property delivers the ideal blend of space, scenic beauty, and modern convenience. Wake up to shimmering lake views, entertain effortlessly, and end each day watching the sunset from your dock or poolside patio.

Schedule your private tour today—and discover how effortless lakefront living can be.

Listed by Mandi Kington – Wallace Real Estate Bearden Office | Click here for more info!

Luxury Spotlight April 11, 2025

Wallace Luxury Spotlight | 102 Montreat Court Andersonville, TN 37705

Southern Charm Meets Mountain Serenity in Arcadian Springs

Experience the warmth and elegance of this beautifully updated home, where the architecture and ambiance evoke the timeless charm of a Lowcountry Savannah cottage or a coastal New England estate—all nestled right in the heart of East Tennessee’s mountains.

Located in the peaceful and scenic Arcadian Springs neighborhood, this home offers the perfect balance of quiet retreat and modern convenience. Whether you’re relaxing on the upper covered porch with sweeping views, sipping your morning coffee overlooking a serene nearby pond, or gathering with friends and family around the fire pit, this property delivers the kind of everyday tranquility that feels like a vacation.

Thoughtfully Updated with Timeless Touches

Inside, you’ll find a home that’s been lovingly and tastefully updated. Refinished Brazilian cherry hardwood floors add rich texture and warmth throughout the main living areas, while the luxurious primary bath features a spa-like walk-in shower and a spacious walk-in closet. Fresh new paint throughout, along with updated countertops and backsplash, give the kitchen and common areas a crisp, contemporary feel while maintaining the home’s classic character.

Comfort, Convenience, and Connection to Nature

Designed with both relaxation and functionality in mind, this home is ideal for those seeking a peaceful mountain lifestyle without sacrificing access to modern amenities. Located just:

  • 5 minutes from local restaurants and entertainment, and

  • Less than 10 minutes to the marina at Norris Lake,

You’re never far from the best that East Tennessee has to offer—whether it’s a dinner out, a day on the water, or a scenic drive through the countryside.

More Than a Home—A Lifestyle

This is more than just a house—it’s a retreat, a gathering place, and a peaceful haven all in one. From the stunning views to the high-end updates, every detail has been designed to offer a blend of Southern hospitality and mountain serenity that’s hard to find and even harder to leave.

Don’t miss your opportunity to experience this one-of-a-kind property—schedule your showing today and fall in love with life at Arcadian Springs.

Presented by Jonathan Snellings – Wallace West Office | Click here for more info! 

Luxury Spotlight April 11, 2025

Wallace Luxury Spotlight | 729 Woodchase Drive Knoxville, TN 37934

Modern Luxury Meets Classic Charm in the Heart of Farragut

If you’ve been searching for a home that blends timeless elegance with the comfort of new construction—look no further. This beautifully reimagined 4-bedroom, 2.5-bathroom residence offers the best of both worlds. Completely rebuilt from the studs up, it preserves the character of an established home while offering all-new systems and high-end finishes that reflect today’s standards of luxury and efficiency.

Located in a quiet, established neighborhood nestled between Fox Den and Village Green, this home enjoys a prime location within one of Farragut’s most sought-after areas—and it’s zoned for all Farragut schools.

Rebuilt with Purpose and Style

Every detail of this two-story home has been thoughtfully curated. With brand-new electrical, HVAC, plumbing, flooring, and a new roof, the bones of this house are as solid and reliable as they come. High-end finishes throughout the interior elevate the space, delivering a clean, modern aesthetic that still feels warm and inviting.

The main living areas are open and light-filled, creating the perfect environment for both relaxing and entertaining. The updated kitchen flows seamlessly into the dining and family spaces, while a newly crafted backyard deck provides a picture-perfect spot for morning coffee or evening gatherings.

Flexible Living for Today’s Lifestyle

Upstairs, the spacious fourth bedroom offers incredible flexibility—it’s ideal as a home office, media room, playroom, or even a bonus guest suite. The generously sized, newly fenced backyard adds another layer of livability, offering space for pets, gardening, or outdoor entertaining.

A Location That Checks All the Boxes

This home’s location is the perfect balance of privacy and convenience. With Farragut’s schools just minutes away and easy access to shopping, dining, and parks, everything you need is right at your fingertips. Plus, the surrounding neighborhoods of Fox Den and Village Green offer a sense of community and timeless curb appeal.

This home is a rare find. It feels like new construction wrapped in the charm of a classic home—a place where thoughtful design meets everyday comfort.

Schedule your tour today and explore a home where everything has already been done for you—so you can just move in and enjoy.

Listed by Andrew Nicholson – Wallace West Office | Click here for more info! 

Luxury Spotlight April 11, 2025

Wallace Luxury Spotlight | 2208 Henge Point Lane Knoxville, TN 37922

A Private Retreat in Farragut’s Countryside: Luxury, Space & Timeless Charm

Welcome to a truly special property tucked away in the scenic heart of Farragut—a place where elegance, comfort, and nature converge. This beautifully designed home offers the perfect balance of private retreat and everyday convenience, all just minutes from town.

Spanning 4,687 finished square feet, this spacious residence includes 5 bedrooms and 5 full bathrooms, offering the flexibility and functionality that today’s homeowners crave. Whether you’re hosting guests, raising a family, or seeking room for multigenerational living, this home delivers space that works beautifully for your lifestyle.

Outdoor Living That Inspires

Set on 2 picturesque acres, the property offers a level of serenity rarely found so close to town. A lush, established garden adds color and charm to every season, while mature California redwoods provide shade, privacy, and a sense of timeless beauty. A small fenced backyard offers space for pets or play, and the attached glass greenhouse is a dream come true for year-round gardening enthusiasts.

Designed for Comfort and Versatility

Inside, thoughtful design meets elegant details. The home includes two luxurious primary bedroom suites, one on each level—an ideal setup for multigenerational living or private guest accommodations. The main-level suite also features a private balcony, where you can sip your morning coffee and enjoy sweeping views of your peaceful acreage.

The custom-designed kitchen is a chef’s dream, with marble countertops, double ovens, a propane-powered gas stove, and ample cabinet storage—ready for both everyday meals and special occasions.

Downstairs, a partially finished walkout basement—already equipped with heating, cooling, plumbing, and electrical—offers endless possibilities. Transform it into a home gym, a workshop, a media room, or even private living quarters. The space is yours to shape.

Additional Features Include:

  • A 3-car garage

  • Generous storage throughout

  • Timeless curb appeal and architectural design

The Best of Both Worlds

This home is more than a house—it’s an invitation to a lifestyle of peace, privacy, and potential, all while being conveniently located near Farragut’s top schools, shopping, and dining.

Whether you dream of sprawling gardens, space for extended family, or simply a quiet place to call home, this is a rare opportunity to own a piece of Farragut’s countryside charm.

Schedule your private showing today—homes like this don’t come along often.

Presented by Lauren Baxter – Wallace Bearden Office | Click here for more info!

Market StatsReal Estate News & Trends April 10, 2025

March 2025 Real Estate Market Update: What You Need to Know

East Tennessee Real Estate Market Update – March 2025

As we head into the heart of the spring market, East Tennessee is seeing some encouraging signs of growth and movement in residential real estate. From increased inventory to a rise in pending and closed sales, this March brought several promising indicators. Here’s a closer look at how our local market is shaping up.

New Listings: A Return to Pre-Shift Levels
March brought a surge of new listings—the highest we’ve seen since March 2022. Two years ago, we were in the midst of a historic market, driven by migration into our area, ultra-low interest rates, and sky-high buyer demand. While today’s market is more balanced, homeowners seem to be recognizing the substantial equity they’ve built and are ready to make a move. With more options available, that once-daunting question of “where would we go if we sold?” is becoming easier to answer. It’s a self-fulfilling cycle: more listings create more choices, which inspires more sellers to enter the market.

Active Listings: More Time, More Opportunity
Compared to last year, we have a noticeably higher number of active listings. Not only are more homes being listed, but they’re also staying on the market a bit longer—giving buyers more time to explore and giving agents more time to market strategically.

Sales Pending: Gaining Momentum
While we’re not quite back to the pending sales highs of 2021 or 2022, we’re trending ahead of both 2023 and 2020. After a slow start to the year, the number of homes under contract is gaining steam. That momentum typically translates into stronger closing numbers in the months ahead, suggesting a healthy spring season is taking shape.

Closed Units: A Sharp Turnaround
Closings in February hit a multi-year low, but March quickly reversed course. We’re now back in line with last year’s numbers, a reminder that the spring selling season often brings a surge in finalized transactions. The upward swing in closed sales is a reliable indicator of renewed buyer activity.

Months of Supply: Seller’s Market Holds Steady
Despite more homes hitting the market, demand is keeping pace. Our months of supply dropped to just over five—still squarely within a seller’s market. It’s worth noting that while this is the broad picture for our region, conditions can vary significantly from one neighborhood to the next. Local expertise continues to be invaluable.

Median Sales Price: Slow and Steady Growth
In March, the median sales price reached a new high at $375,000. Although price growth is slower than it was during the peak frenzy of recent years, we are still seeing upward movement. What some may perceive as price “drops” are often simply reductions from an initially over-ambitious list price—not true declines in market value.

Average Days on Market: A Seasonal Shift Ahead
Homes averaged about 65 days on the market in March, the highest we’ve seen for early spring in several years. However, this figure typically begins to decline in April as the market picks up speed. A drop to 45–55 days on market would be a reasonable expectation as we move further into spring.


What This Means for Buyers and Sellers
Whether you’re considering selling, buying, or both, today’s East Tennessee market presents real opportunities. Sellers can take confidence in rising home values and buyer activity, while buyers benefit from a growing selection of homes and slightly more breathing room than in recent years.

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.

Luxury Spotlight April 9, 2025

Wallace Luxury Spotlight | 12211 Torrey Pines Point Knoxville, TN 37934

Timeless Elegance Meets Modern Living on the Fairway in Fox Den

Welcome to a rare opportunity in one of East Tennessee’s most prestigious communities. This architectural gem in the coveted Fox Den neighborhood has been thoughtfully renovated, offering the best of both worlds—modern updates paired with the original character and charm that make this home truly unforgettable.

Perfectly positioned on the 7th fairway of Fox Den’s championship golf course, this 4-bedroom, 4.5-bathroom estate was designed with both comfort and entertaining in mind. Whether you’re hosting an intimate dinner or a large summer gathering, this home has the space and style to make every occasion feel special.

A Chef’s Dream and an Entertainer’s Paradise

The heart of the home is the chef’s kitchen, complete with premium finishes and ample room for culinary creativity. The open and inviting layout flows effortlessly into the home’s multiple gathering spaces, creating a seamless experience for guests and family alike.

Just outside, your private backyard oasis awaits—featuring a saltwater pool surrounded by generous outdoor living areas. Whether you’re soaking up the sun, enjoying a peaceful evening swim, or dining under the stars, this outdoor retreat is ready for summer enjoyment.

Live the Fox Den Lifestyle

Living in Fox Den Country Club means more than just having a beautiful home—it’s about becoming part of a truly special community. With a variety of optional memberships, residents can enjoy access to:

  • The championship golf course

  • A junior Olympic-sized pool

  • Tennis and pickleball courts

  • A state-of-the-art fitness center

  • Multiple dining and bar venues perfect for gathering with friends and neighbors

Whether you’re an avid golfer, a social butterfly, or someone seeking an active, engaged lifestyle, Fox Den offers something for everyone.

Move-In Ready, Just in Time for Summer

With extensive renovations already complete, this home is truly move-in ready. Every detail has been considered—from elegant finishes to modern conveniences—all situated in one of the area’s most sought-after golf course communities.

Don’t miss your chance to call this Fox Den beauty your own. Schedule your private tour today and step into a lifestyle of elegance, ease, and community.

Presented by Jim Dingus – Wallace Real Estate North Office | Click here for more information. 

Luxury Spotlight April 4, 2025

Wallace Luxury Spotlight | 3222 Laurel Cove Trail Sevierville, TN 37862

Experience Ultimate Luxury at Star of The Summit A Mountain Retreat Like No Other

Welcome to Star of The Summit—an extraordinary luxury mountain retreat located in the prestigious The Summit subdivision. This breathtaking 5-bedroom, 4-bathroom estate redefines upscale mountain living, blending rustic charm with modern elegance and unmatched panoramic views of the Great Smoky Mountains.

Whether you’re looking for a high-performing investment property or a personal escape from the everyday, this property delivers on every level. Currently operating as a successful short-term rental with a proven history, Star of The Summit offers a unique opportunity for both income and indulgence.

Luxury Features Designed to Impress

From the moment you enter, you’re greeted by soaring ceilings, a floor-to-ceiling stone fireplace, and a grand great room designed for gathering and relaxing. The chef’s kitchen is fully equipped with premium appliances, ideal for preparing meals to enjoy in the elegant dining area or out on the covered porch with sweeping mountain views.

The main level features two expansive primary suites, including one with direct porch access—the perfect spot to sip morning coffee or unwind under the stars. A cozy sitting room provides yet another inviting space to relax.

Downstairs, the home transforms into an entertainer’s dream. The lower level includes two additional primary suites, a fifth bedroom, and a fully loaded game room complete with:

  • Air hockey

  • Pool table

  • Theater area

  • Arcade game

  • Kitchenette with a sink, microwave, and refrigerator

You’ll also find a private indoor heated pool and a hot tub overlooking the majestic landscape, creating a resort-like experience year-round.

Location Meets Lifestyle

While the home feels tucked away in a private mountain paradise, it’s located just minutes from the area’s top attractions:

  • Dollywood and its world-class rides and entertainment

  • Gatlinburg and Pigeon Forge for shopping, dining, and live shows

  • Ripley’s Aquarium of the Smokies

  • Ober Mountain for year-round adventure including skiing

  • The natural wonders of Great Smoky Mountains National Park, Clingmans Dome, and Cades Cove

Whether you’re exploring scenic hiking trails or enjoying a relaxing evening by the fire, Star of The Summit is the perfect home base for making unforgettable memories.

A Rare Opportunity Awaits

With its four spacious primary suites, top-tier amenities, and exceptional rental potential, Star of The Summit is truly one-of-a-kind. Discover the magic of mountain living—where luxury meets nature and adventure is always just around the corner.

Schedule your private tour today and experience all that this remarkable retreat has to offer.

Presented by Hali Combs Whaley – Click here for more info!