The Reserve @ Penrose Farm Homes for Sale

The Reserve @ Penrose Farm Homes for Sale

Welcome to The Reserve @ Penrose Farm, an exquisite subdivision nestled in the heart of Knoxville, Tennessee. This charming community combines the tranquility of suburban living with the vibrant energy of city life, making it the perfect place for families, young professionals, and retirees alike. With its picturesque landscapes and friendly atmosphere, The Reserve @ Penrose Farm offers a serene escape while still being conveniently close to the bustling amenities of Knoxville.

The homes for sale in this desirable subdivision are nothing short of spectacular. Featuring a variety of architectural styles, from modern craftsman to traditional designs, each residence is crafted with meticulous attention to detail. Spacious floor plans, gourmet kitchens, and luxurious master suites are just a few of the highlights that make these homes truly special. Many properties also boast beautifully landscaped yards, perfect for outdoor gatherings or simply enjoying a quiet evening under the stars.

Residents of The Reserve @ Penrose Farm enjoy access to a wealth of community amenities, including parks, walking trails, and recreational facilities that encourage an active lifestyle. With top-rated schools, shopping centers, and dining options just a stone's throw away, this subdivision provides everything you need for a fulfilling life.

If you're looking for a home that offers both comfort and convenience in Knoxville, The Reserve @ Penrose Farm is the perfect place to call home. Explore the available homes for sale today and discover the unique charm of this wonderful community!

Newest The Reserve @ Penrose Farm Homes for Sale

$870,000
5 Beds 5 Baths 1339217 MLS
SPECIAL BUILDER FINANCING AVAILABLE AS LOW AS 5.875%*! 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-sponsored financing program available through the preferred lender. *Builder-sponsored financing is available to qualified buyers through Rick Wilkinson with Mortgage Direct. Advertised 5.875% interest rate and 6.23% APR are based on a 30-year fixed-rate conventional loan as of 8/14/26. Buyer must qualify for financing and satisfy applicable credit, underwriting, loan-to-value and loan-program requirements. Terms, rates and availability are subject to change without notice. Builder contributions are subject to applicable loan-program limits and final lender approval. Contact the lender for complete terms, costs and eligibility requirements.

8117 Carolina Cherry Lane, Knoxville

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