About This Home

This 4-bedroom, 4-bathroom single family at 551 Colonial Ridge Lane in Knoxville, TN is listed for $894,900 ($255 per sqft). Built in 2008, the home offers 3,510 sqft of living space on a 0.01 acres lot.

Key Features

  • Built in 2008
  • 0.01 acre lot
  • Fireplace

Property Details

3 full, 2 half
2-car garage
2008

Amenities

FireplaceHardwoodA/C
Listing Description

One of the best lots in the subdivision! This Stunning home is located in Farragut's highly sought-after Park Place neighborhood & zoned for top rated Farragut schools! This 4-bedroom, 3 full bath, 2 half bath residence welcomes you with exceptional curb appeal, a private lush side courtyard, and a charming covered front porch.

Inside, the home showcases extensive custom millwork, rich hardwood flooring throughout the main level, plantation shutters, and elegant finishes at every turn. The spacious living room features a gas fireplace, crown molding, and a striking crystal light fixture, creating a warm yet refined gathering space.

The completely updated designer kitchen is truly the heart of the home, offering custom Wildwood cabinetry, a massive 4'x8' granite island with an auxiliary veggie sink and ample seating, a tile backsplash, and soft-close drawers. High-end appliances include a gas range and built-in convection oven, while imported designer pendant lighting from Connecticut adds a distinctive upscale touch.

The kitchen flows seamlessly into the dining room, highlighted by extension molding, making it ideal for entertaining. The main-level primary suite is one of the largest in the subdivision and serves as a private retreat with crown molding and a crystal light fixture.

The luxurious en-suite bath features tile flooring, an oversized walk-in tile shower, a double vanity, and a generous walk-in closet with high end custom built-in shelving. The main level also includes a well-appointed laundry room with sink and cabinet storage, a mudroom, and a convenient half bath, along with a spacious two-car garage with additional storage.

Upstairs, a second ensuite bedroom offers a beautifully updated bath with tile surround tub, glass door, tile flooring, and newer vanity top and fixtures, along with access to a private patio. Two additional bedrooms, including one with a walk-in closet, share a full bath, and a dedicated office provides flexible living space.

The oversized bonus room with wood steps, wet bar, ceiling fan, and private half bath creates the perfect setting for entertaining or relaxing. Outdoor living is just as impressive, featuring an extensive patio with pergola, an amazing garden area, and what is considered one of the best yards in the subdivision.

Additional highlights include a tankless water heater, a $23,000 HVAC system, central vacuum, ADT security system, surround sound, sprinkler system, and ample attic storage. This exceptional home blends thoughtful design, high-end upgrades, and inviting indoor-outdoor living, making it a unique opportunity in Park Place. Minutes to tons of shopping, restaurants, Turkey Creek, schools, etc! Schedule your showing today!

Monthly Cost Estimate

$6,686/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261
HOA$1,900

Estimates only. Actual payments may vary.

Location

551 Colonial Ridge Lane

Knoxville, TN 37934

Park Place At Farragut

Features & Amenities

Interior Features

Walk-In Closet(s)Cathedral Ceiling(s)Kitchen IslandPantryWet BarEat-in KitchenCentral Vacuum

Exterior Features

Prof Landscaped

Property Details

Flooring

CarpetTileHardwood

Construction

Fiber Cement Frame

Outdoor Features

PorchPatio

Parking

GarageOpen

Heating

Electric (Heating)CentralZonedNatural GasForced AirHeat Pump (Heating)

Cooling

Ceiling Fan(s)ZonedCentral Air

Appliances

Tankless Water HeaterGas RangeDishwasherDisposalMicrowaveRangeSelf Cleaning Oven

Questions & Answers

This 4-bedroom, 4-bathroom single family at 551 Colonial Ridge Lane is listed at $894,900 ($255/sqft). The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1900/month.

Key features include: Built in 2008, 0.01 acre lot, Fireplace. Interior Features: Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island. Exterior Features: Prof Landscaped.

This property is listed by Sherry Jones Paul.

SP

Sherry Jones Paul

Agent at Realty Executives Associates

Listed by Realty Executives Associates · Broker phone: (865) 983-0011 · View on Broker Site · Broker website

MLS# 1345925· Source: East Tennessee Realtors®· 131 days on PropertySimple

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

551 Colonial Ridge Lane, Knoxville, TN 37934

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