Wallace real estate white logo

7142 Presidential LaneKnoxville, TN 37931Price: $525,000

  • Price: $525,000
  • Est. Mortgage of $/month
  • 1 Day on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.53% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $525,000List Price
  • 3Bedrooms
  • 2.5Bathrooms
  • 2,339Square Feet

Listing Tools

SHOWINGS BEGIN ON SATURDAY, JUNE 6TH AT THE OPEN HOUSE 2-4PM. Welcome home to this beautifully updated two-story residence offering the perfect blend of comfort, functionality, and modern upgrades--all with no HOA! Featuring 3 bedrooms, 2.5 bathrooms, a main-level primary suite, and a versatile bonus room, this home provides the space and flexibility today's buyers are looking for. Step inside to discover stunning high-quality luxury vinyl plank flooring throughout the living room, kitchen, dining area, and hallway, creating a seamless and stylish living space. The thoughtfully renovated kitchen is sure to impress with 42-inch solid wood cabinetry, quartz countertops, designer backsplash, updated lighting, and a custom built-in buffet/coffee bar that adds both charm and functionality. The inviting living room features an updated mantle and flows effortlessly into the formal dining room, making entertaining easy. Additional updates include fresh paint in the kitchen and updated lighting throughout the kitchen, living room, and dining room. The spacious primary suite is conveniently located on the main level, while upstairs you'll find two additional bedrooms, a full bath, and a large bonus room perfect for a home office, playroom, media room, or guest space. Outdoor living is equally impressive with a raised deck ideal for relaxing, grilling, or entertaining guests. The backyard is enclosed by a new vinyl privacy fence installed in 2024, creating a private retreat for family and pets. Major improvements provide peace of mind, including a new water heater (2025), new downstairs HVAC unit, and a roof that is only three years old. Storage is abundant with three attic spaces plus built-in garage cabinetry for organization and additional storage. Conveniently located in Knoxville's desirable Karns area, this move-in ready home combines modern updates, abundant storage, and flexible living spaces in a fantastic location. **Highlights:** * 3 Bedrooms | 2.5 Bathrooms * Main-Level Primary Suite * Bonus Room Upstairs * Formal Dining Room * Updated Kitchen with Quartz Countertops * 42'' Solid Wood White Cabinets * Built-In Buffet/Coffee Bar * New Luxury Vinyl Plank Flooring * New Lighting Throughout Main Living Areas * Updated Mantle * Raised Deck for Entertaining * New Vinyl Privacy Fence (2024) * New Water Heater (2025) * New Downstairs HVAC Unit * Roof Approximately 3 Years Old * Garage Storage Cabinets * Three Attic Storage Areas * No HOA **Sale of the home is contingent on sellers finding suitable housing.

Property Details of 7142 Presidential Lane

Map Location

Driving Directions

Based on information submitted to East Tennessee Realtors as of June 1, 2026 1:27 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Wallace Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Similar Properties

Wallace office with two overlays - blue and light blue
Map Search

Contact Us

Send A Message

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Wallace Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.