Penrose Terrace Homes for Sale

Penrose Terrace Homes for Sale

Welcome to Penrose Terrace, a hidden gem nestled in the heart of Knoxville, Tennessee! This charming subdivision, located in Knox County, offers a perfect blend of suburban tranquility and urban convenience. With its tree-lined streets, friendly neighbors, and well-maintained homes, Penrose Terrace is an ideal place for families, professionals, and retirees alike.

The homes for sale in Penrose Terrace showcase a delightful variety of architectural styles, ranging from cozy ranch-style houses to more contemporary designs. Each residence is thoughtfully situated on spacious lots, offering ample outdoor space for gardening, play, or simply enjoying the beautiful Tennessee weather. Many homes feature modern amenities, updated kitchens, and inviting living spaces that make them perfect for entertaining or relaxing after a long day.

Living in Penrose Terrace means you’re just minutes away from Knoxville’s vibrant downtown area, where you can explore an array of dining, shopping, and entertainment options. The nearby parks and recreational facilities provide plenty of opportunities for outdoor activities, whether you enjoy hiking, biking, or leisurely strolls with family and friends.

Families will appreciate the excellent local schools and community resources that make this subdivision a wonderful place to raise children. With a strong sense of community and a welcoming atmosphere, Penrose Terrace truly feels like home.

If you're looking for your dream home in Knoxville, don’t miss the opportunity to explore the homes for sale in Penrose Terrace. Experience the charm and convenience of this lovely neighborhood today!

Newest Penrose Terrace Homes for Sale

8504 Flowering Peach Lane, Knoxville
$815,000
4 Beds ⋅ 3 Baths ⋅ 2,791 SqFt. ⋅ 1357330 MLS ⋅ ACTIVE Status
Welcome to 8504 Flowering Peach Lane, conveniently located between Rocky Hill & Cedar Bluff! Situated in the desirable Penrose Terrace neighborhood, this beautiful home offers the perfect combination of comfort, convenience, and location. Just minutes from Cedar Bluff, you'll enjoy easy access to shopping, restaurants, parks, medical facilities, major roadways, and all that West Knoxville has to offer. Built in 2021, this spacious home features 4 bedrooms, 3 full baths, 2,791 square feet, and a thoughtfully designed floor plan with generous living spaces. The main level offers an inviting open-concept layout with hardwood flooring, 9-foot ceilings, a well-appointed kitchen with abundant cabinetry and a large island, and a living area centered around a beautiful stone fireplace with built-ins. The primary suite features a vaulted ceiling and a tiled walk-in shower, while additional bedrooms provide plenty of flexibility for family, guests, or a home office. A bonus room adds even more usable space. Step outside to enjoy the covered back patio and level, sodded yard with irrigation--ideal for relaxing or entertaining. The home also offers a 2-car garage and the desirable low-maintenance appeal of newer construction. Location is truly a standout feature. Conveniently positioned near Cedar Bluff and West Knoxville's extensive selection of restaurants, retail, entertainment, and everyday conveniences, this home also provides easy access to I-40 and I-75 for commuting throughout Knoxville and beyond. Zoned for Blue Grass Elementary, West Valley Middle, and Bearden High School, this location offers access to several established West Knoxville schools. School zoning should be independently verified with Knox County Schools. If you're looking for a newer home in a convenient West Knoxville location with space, style, and everyday convenience, 8504 Flowering Peach Lane is a must-see!

8504 Flowering Peach Lane, Knoxville
8520 Flowering Peach Lane, Knoxville
$819,900
4 Beds ⋅ 4 Baths ⋅ 3,268 SqFt. ⋅ 1356150 MLS ⋅ ACTIVE Status
Welcome to 8520 Flowering Peach Lane, located on a cul-de-sac in Penrose Terrace. A large front porch and beautiful new front door welcome you into a thoughtfully designed home with a spacious, functional floor plan and plenty of natural light throughout. The oversized kitchen features a professional-style 48-inch range, 8-foot island, butler's pantry, and generous cabinet and counter space. The kitchen opens to the main living areas, making the layout ideal for everyday living and entertaining. Additional details include plantation shutters, coffered ceilings in the dining room, crown molding, modern light fixtures, and an oversized mudroom off the garage. The spacious primary suite includes two walk-in closets, dual vanities, a large walk-in shower, and soaking tub. One of the standout features of the home is the outdoor living space. The sellers have added extensive backyard landscaping that provides excellent privacy, along with a covered porch featuring a brick fireplace and outdoor kitchenette. It's a great extension of the living space and can be enjoyed throughout much of the year. With a well-designed floor plan, quality finishes, updated outdoor spaces, and a cul-de-sac location, this home offers a great combination of indoor and outdoor living.

8520 Flowering Peach Lane, Knoxville
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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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