5000 Palace Lane, Knoxville, TN 37918
$530,000
![Dorsal View of Driveway & House [Quite Cul De Sac -- Ideal for Kids!!]](https://cdn.photos.sparkplatform.com/knx/20250906204115076870000000-o.jpg)
Property Type:
Single Family
Bedrooms:
3
Square Footage:
3,403
Lot Size (sq. ft.):
10,454
Status:
Closed
Current Price:
$530,000
List Date:
9/08/2025
Last Modified:
3/12/2026
Overview
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].
Listing Details MLS# 1314613
Location Tax Legal Info
- House #
- 5000
- Street Name
- Palace
- St Suffix
- Lane
- State/Province
- TN
- Zip Code
- 37918
- PIN #
- 049JC037
- Subdivision
- Fountain Gate S/D Unit #2
Contract Info
- Auction Y/N
- No
- Listing Price
- 549000
- Occupancy
- Permanent Residence
General Property Description
- Type
- 2 Story
- Lot Dimensions
- 130.25 x 126.68 x IRR
- Acres
- 0.24
- Acre Source
- Estimated
- Site Built
- Yes
- Restrictions
- Yes
- SqFt - Total (Aprox)
- 3403
- SqFt - Main Lvl
- 2155
- SqFt - 2nd Flr Lvl
- 1248
- # Bedrooms
- 3
- Baths - Full
- 2
- Baths - 1/2
- Yes
- # of Rooms
- 10
- Fireplace
- Yes
- # Fireplace
- Yes
- Property Status
- N/A
- HOA
- Mandatory
- HOA Fee
- 150
- HOA Freq
- Yearly
- Year Built
- 1995
- Bonus Room
- Yes
- Extra Storage
- Yes
- SqFt - Down Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- Basement
- No
Status Change Info
- Status Change Date
- 2026-03-12
- Under Contract Date
- 2026-01-13
- Sold Date
- 2026-03-12
Location, Tax & Legal Info
- Area
- Knox County - 1
- Property Sub-Type
- Residential
- Community
- Fountain City
- City/County Code
- County
- Elementary School
- Shannondale
- Middle School
- Gresham
- Total Tax
- 1648.7
- High School
- Central
Remarks & Misc
- Directions
- Tazewell Pike East to Left into Fountain Gate S/D to Right on Palace Lane to property on Right.
- Public Remarks
- --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].
More Information
Atchd/Dtchd Type
- Detached
- Yes
Style
- Traditional
- Yes
Construction
- Brick
- Yes
- Frame - Brick
- Yes
Siding
- Brick
- Yes
Fireplace
- Gas Log
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Carpet
- Yes
- Hardwood
- Yes
- Tile
- Yes
- Vinyl
- Yes
Garage/Parking
- Garage Spaces
- 3
- Attached
- Yes
- Garage Door Opener
- Yes
- Garage Faces Side
- Yes
- Main Level
- Yes
Basement
- Crawl Space
- Yes
Lot Description
- Corner Lot
- Yes
- Cul-De-Sac
- Yes
- Level
- Yes
- Rolling Slope
- Yes
Fuel
- Electric
- Yes
- Gas (Natural)
- Yes
View
- Other
- Yes
Heat
- Central
- Yes
Dining Area
- Breakfast Room
- Yes
- Eat-in Kitchen
- Yes
- Living Rm/Dining Rm
- Yes
Appliances
- Central Vacuum
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Gas Cooktop
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Security Alarm
- Yes
- Self Cleaning Oven
- Yes
- Smoke Detector
- Yes
- Washer
- Yes
Other Rooms
- Den/Study
- Yes
- Extra Storage
- Yes
- Great Room
- Yes
- Laundry/Utility
- Yes
- Mstr Bdrm Main Level
- Yes
- Office
- Yes
Exterior Features
- Cable Available (TV Only)
- Yes
- Deck
- Yes
- Porch - Screened
- Yes
- Prof Landscaped
- Yes
- Window - Energy Star
- Yes
- Windows - Insulated
- Yes
Misc Features
- Cathedral Ceiling(s)
- Yes
- Drapes
- Yes
- Internet Available
- Yes
- Kitchen Island
- Yes
- Pantry
- Yes
- Trey Ceiling
- Yes
- Walk-in Shower
- Yes
- Walk-In Closet(s)
- Yes
- Washer/Dryer Connect
- Yes
- Whirlpool Tub
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Association Fee Incl
- Some Amenities
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- New Loan
- Yes
Property Features
Style:
Traditional
Construction:
Brick; Frame - Brick
Siding:
Brick
Basement:
Crawl Space
Lot Description:
Corner Lot; Cul-De-Sac; Level; Rolling Slope
View:
Other
Fireplace:
Gas Log
Floors:
Carpet; Hardwood; Tile; Vinyl
Fuel:
Electric; Gas (Natural)
Heat:
Central
Cooling:
Central Cooling
Appliances:
Central Vacuum; Dishwasher; Disposal; Dryer; Gas Cooktop; Microwave; Range; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Washer
Sewer:
Public Sewer
Water:
Public
Other Rooms:
Den/Study; Extra Storage; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office
Misc Features:
Cathedral Ceiling(s); Drapes; Internet Available; Kitchen Island; Pantry; Trey Ceiling; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Whirlpool Tub
Exterior Features:
Cable Available (TV Only); Deck; Porch - Screened; Prof Landscaped; Window - Energy Star; Windows - Insulated
Dining Area:
Breakfast Room; Eat-in Kitchen; Living Rm/Dining Rm
Association Fee Incl:
Some Amenities
New Financing:
Cash; Conventional; New Loan
Listing Office:
Realty Executives Associates
IDX
Office Phone: 865-531-2020
Last Updated: March - 12 - 2026
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