The Reserve @ Penrose Farm Real Estate

The Reserve @ Penrose Farm Real Estate

Welcome to The Reserve @ Penrose Farm, a stunning subdivision nestled in the heart of Knoxville, TN, within the picturesque Knox County. This enchanting community offers a perfect blend of tranquility and modern living, making it an ideal place to call home.

As you enter The Reserve @ Penrose Farm, you’ll be greeted by beautifully landscaped streets lined with charming homes that reflect a variety of architectural styles. Each residence is thoughtfully designed to provide comfort and elegance, ensuring that every family can find their perfect sanctuary. The spacious lots offer ample room for outdoor activities, gardening, or simply enjoying the serene surroundings.

One of the standout features of this community is its commitment to preserving nature. Lush green spaces, walking trails, and scenic parks are integrated throughout the subdivision, inviting residents to explore the great outdoors right at their doorstep. Imagine morning strolls or evening bike rides surrounded by the beauty of Tennessee’s landscapes.

Conveniently located, The Reserve @ Penrose Farm provides easy access to Knoxville’s vibrant downtown area, where you can indulge in an array of dining, shopping, and entertainment options. Families will appreciate the proximity to highly-rated schools and community amenities, ensuring that everything you need is just moments away.

Whether you’re a first-time homebuyer or looking to settle into a peaceful neighborhood, The Reserve @ Penrose Farm offers a welcoming atmosphere and a strong sense of community. Come experience the charm and beauty of this exceptional subdivision—your dream home awaits!

Newest Listings in The Reserve @ Penrose Farm

8117 Carolina Cherry Ln, Knoxville
$855,000
5 Beds ⋅ 5 Baths ⋅ 3,345 SqFt. ⋅ 3186428 MLS ⋅ ACTIVE Status
UP TO $10,000 IN BUILDER-PAID CLOSING COST ASSISTANCE WITH QUALIFYING FINANCING THROUGH THE PREFERRED LENDER!* Welcome to 8117 Carolina Cherry Lane, the only completed, move-in-ready new construction home currently available in The Reserve at Penrose Farm. With only four homesites remaining for future construction, this is a rare opportunity to move into a brand-new West Knoxville home without waiting through the building process. Offering 5 bedrooms, 5 baths and approximately 3,345 square feet, this thoughtfully designed home combines everyday functionality with elevated finishes. The light-filled main level features a privately situated owner's suite, dedicated home office and flexible additional space that can adapt as a playroom, study, music room or second office. The kitchen serves as the heart of the open living area with generous workspace, a large gathering island and walk-in pantry. Hardwood and tile flooring, tall ceilings and detailed finishes create a polished yet comfortable environment for daily living and entertaining. Upstairs, additional bedrooms provide privacy for family or guests, while a spacious bonus room and separate media room offer exceptional flexibility for movie nights, recreation, hobbies or another living area. Outside, the covered patio overlooks a level, usable backyard with irrigation and a newly planted landscape buffer designed to provide increasing privacy as it matures. The home's convenient 37919 location places shopping, dining, schools, parks and West Knoxville amenities just minutes away. If you have been waiting for a spacious new home with a main-level owner's suite, flexible living areas and immediate occupancy, this is your opportunity. Schedule your private showing and ask about the builder-paid assistance toward closing costs and/or an interest-rate buydown. *The builder offers up to $10,000 toward allowable buyer closing costs and/or an interest-rate buydown when the buyer obtains and closes qualifying fi

8117 Carolina Cherry Ln, Knoxville

8117 Carolina Cherry Lane, Knoxville
$855,000
5 Beds ⋅ 5 Baths ⋅ 3,345 SqFt. ⋅ 1339217 MLS ⋅ ACTIVE Status
UP TO $10,000 IN BUILDER-PAID CLOSING COST ASSISTANCE WITH QUALIFYING FINANCING THROUGH THE PREFERRED LENDER!* Welcome to 8117 Carolina Cherry Lane, the only completed, move-in-ready new construction home currently available in The Reserve at Penrose Farm. With only four homesites remaining for future construction, this is a rare opportunity to move into a brand-new West Knoxville home without waiting through the building process. Offering 5 bedrooms, 5 baths and approximately 3,345 square feet, this thoughtfully designed home combines everyday functionality with elevated finishes. The light-filled main level features a privately situated owner's suite, dedicated home office and flexible additional space that can adapt as a playroom, study, music room or second office. The kitchen serves as the heart of the open living area with generous workspace, a large gathering island and walk-in pantry. Hardwood and tile flooring, tall ceilings and detailed finishes create a polished yet comfortable environment for daily living and entertaining. Upstairs, additional bedrooms provide privacy for family or guests, while a spacious bonus room and separate media room offer exceptional flexibility for movie nights, recreation, hobbies or another living area. Outside, the covered patio overlooks a level, usable backyard with irrigation and a newly planted landscape buffer designed to provide increasing privacy as it matures. The home's convenient 37919 location places shopping, dining, schools, parks and West Knoxville amenities just minutes away. If you have been waiting for a spacious new home with a main-level owner's suite, flexible living areas and immediate occupancy, this is your opportunity. Schedule your private showing and ask about the builder-paid assistance toward closing costs and/or an interest-rate buydown. *The builder offers up to $10,000 toward allowable buyer closing costs and/or an interest-rate buydown when the buyer obtains and closes qualifying financing through Rick Wilkinson with Mortgage Direct, the builder's preferred lender. Use of the preferred lender is optional and is not required to purchase the home; however, the incentive is available only when financing closes through the preferred lender. Buyer must satisfy applicable credit, underwriting and loan-program requirements. Builder assistance is subject to lender approval, allowable costs and applicable loan-program contribution limits. Unused assistance has no cash value and will not be paid to the buyer. Contact the preferred lender for complete terms, costs and eligibility requirements.

8117 Carolina Cherry 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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