3168 W Gallaher Ferry Rd, Knoxville, TN 37932

$1,975,000

Property Type: Single Family Bedrooms: 5 Square Footage: 5,750 Lot Size (sq. ft.): 460,865 Status: Closed

Current Price: $1,975,000 List Date: 8/21/2023 Last Modified: 8/24/2025

Overview

Description

Priced below recent appraisal and owner is still offering financing as low as 4.8%. This Private, Gated, Architect-Designed Multigenerational Country Lakefront Estate is offered below comparables as the remodeling continues. The price will increase as the major projects are completed such as windows, doors and a new master suite on the main level. A list of improvements since acquisition includes: 2000ft of concrete driveway with large turn-arounds at the road, the workshop, and at the lakeside, a full-function communicating front gate, septic upgrade from 3-bedroom home to 6-bedroom home, 900-sqft woodworking shop with its own septic, which can be used as a anything from a recreation building to a stunning space to store and display collections, full-gut remodel of the 1100-sqft Master Retreat was completed in 2023. It includes 360-degree windows for fresh air, heated natural stone marble floors, showers and shelving spaces, a 400-sqft covered wrap-around 2nd story balcony with French ... (Read more) Priced below recent appraisal and owner is still offering financing as low as 4.8%. This Private, Gated, Architect-Designed Multigenerational Country Lakefront Estate is offered below comparables as the remodeling continues. The price will increase as the major projects are completed such as windows, doors and a new master suite on the main level. A list of improvements since acquisition includes: 2000ft of concrete driveway with large turn-arounds at the road, the workshop, and at the lakeside, a full-function communicating front gate, septic upgrade from 3-bedroom home to 6-bedroom home, 900-sqft woodworking shop with its own septic, which can be used as a anything from a recreation building to a stunning space to store and display collections, full-gut remodel of the 1100-sqft Master Retreat was completed in 2023. It includes 360-degree windows for fresh air, heated natural stone marble floors, showers and shelving spaces, a 400-sqft covered wrap-around 2nd story balcony with French entry doors in both the bathroom and in the bedroom, and a 400-sqft private loft study. The HVAC was gutted and replaced with two 5-ton Waterfurnace Series 7 geothermal heat pumps in 2022. A 750-sqft poured concrete basement was added in 2022 to serve the second geothermal unit and the solar mechanical equipment. This structure features a full bathroom, 450-sqft of rough shelved storage, and 300-sqft safe room/vault space. Finally, the solar installation, which handles all of the property's electrical needs: The installation provides as much as $4,500 of free electricity. For those not interested in solar power, the fully off-grid system can be abandoned with the switch of a circuit breaker, as municipal power from LCUB is maintained on the property. An automatic transfer switch will flip the electricity seamlessly from Solar to LCUB as desired. The system has been in operation since 2017 with a battery installation in 2019. All components benefit from a 10-year manufacturer's warranty, and are managed for a cost by Lloyd's Electric, the MSA's premier commercial/industrial electrical contractor. The space is complete and lived-in as it is, and it is lovely. It features a full gut remodel of the main kitchen in 2014, which includes oversized cabinets, Wolf/Sub Zero appliances, and an open, yet intimate floorplan. All of the bathrooms were fully remodeled in 2023, which included all new plumbing, fixtures, and natural stone marble shower surrounds, floors, and vanity tops. The ongoing construction includes: Planning and construction of a master retreat on the main floor, scheduling and planning replacement of all windows and doors, a bathroom installation at lakeside, and removal of the EIFS stucco to be replaced by brick. Hundreds of smaller projects have been completed over the last year. Yet, the remaining projects are significant, and they are ongoing. As the projects progress to completion, their cost will be incorporated into the listed price of the property. As it stands, significant discounts were applied to the listing price to accommodate the end user that might want to save money on their next home purchase in exchange for doing the work at their own convenience.

Listing Details MLS# 1237218

Location Tax Legal Info

House #: 3168
St Dir: W
Street Name: Gallaher Ferry
St Suffix: Rd
State/Province: TN
Zip Code: 37932
PIN #: 115 015

Contract Info

Auction Y/N: No
Listing Price: 2394000
Occupancy: Either

General Property Description

Type: 2 Story Basement
Acres: 10.58
Acre Source: Tax Records
Site Built: Yes
Restrictions: No
SqFt - Total (Aprox): 5750
SqFt - Main Lvl: 1754
SqFt - Down Lvl: 2255
SqFt - 2nd Flr Lvl: 1643
SqFt - 3rd Flr Lvl: 98
# Bedrooms: 5
Baths - Full: 5
Baths - 1/2: Yes
# of Rooms: 14
Fireplace: Yes
# Fireplace: 2
Property Status: N/A
HOA: No
Year Built: 1998
Bonus Room: Yes
Extra Storage: Yes

Status Change Info

Status Change Date: 2024-04-04
Under Contract Date: 2024-03-05
Sold Date: 2024-04-04

More Information

Property Features

Style: Contemporary; Solar Construction: Block; Frame Siding: Synthetic Stucco Basement: Finished; Walkout Lot Description: Current Dock Permit on File; Lake/Water Access; Pond; Private; Waterfront; Wooded View: Lake View; Seasonal Lake View; Wooded Fireplace: Gas Floors: Hardwood; Marble; Radiant Floors; Tile; Other Fuel: Active Solar; Electric; Propane Heat: Central; Geo Heat (Closed Lp); Heat Pump; Zoned Cooling: Ceiling Fan(s); Central Cooling; Zoned Appliances: Central Vacuum; Dishwasher; Disposal; Dryer; Gas Grill; Gas Stove; Intercom; Microwave; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Tankless Water Heater; Trash Compactor; Washer Sewer: Septic Tank Water: Well Other Rooms: 2nd Rec Room; Addl Living Quarter; Basement Rec Room; Breakfast Room; Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Office; Split Bedroom; Workshop Misc Features: Cathedral Ceiling(s); Internet Available; Kitchen Island; Pantry; Storm Shelter; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wet Bar; Wired for Internet Exterior Features: Balcony; Deck; Dock; Doors - Energy Star; Patio; Porch - Covered; Prof Landscaped; Windows - Insulated; Windows - Vinyl; Windows - Wood Outbuildings: Boat - House; Detached Workshop; Storage Shed Dining Area: Breakfast Bar; Breakfast Room; Eat-in Kitchen; Formal Dining Area Showing: See Agent Instructns New Financing: Cash; Conventional; Owner Will Carry

Room Information

Room Name
Living Room
Kitchen
Dining Room
Eat In Breakfast Area
Keeping Room
Garage
Master Bedroom
Bathroom
Other
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Rec Room
Other
Other

Documents

Property Condition Disclosure ›

Workshop Septic ›

House Septic ›

Guest House Septic ›

IDX

Listing Office: Alliance Sotheby's International

Last Updated: August - 24 - 2025

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

3168 W Gallaher Ferry Rd, Knoxville, TN 37932 (MLS# 1237218)