551 Colonial Ridge Lane
Knoxville, TN 37934 · Park Place At Farragut · Knox County
$894,900
$5,000 price cut · Oct 27
- Beds
- 4
- Baths
- 4
- Sq ft
- 3,510
- Acres
- 0.01
- Built
- 2008
Listing courtesy of Realty Executives Associates · MLS #1345925
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!
Details
Home
- Type
- Residential · Single Family Residence
- Style
- 2 Story
- Year built
- 2008
- Living area
- 3,510 sq ft
- Bedrooms
- 4
- Bathrooms
- 3 full, 2 half
- Basement
- Crawl Space
- Garage
- 2-car
- Parking
- Attached, Main Level, Garage Door Opener, Garage Faces Side
Interior
- Rooms
- Great Room, Laundry/Utility, Den/Study, Extra Storage, Mstr Bdrm Main Level, Office
- Flooring
- Carpet, Tile, Hardwood
- Fireplaces
- 1
- Appliances
- Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven, Tankless Water Heater, Gas Range
- Features
- Eat-in Kitchen, Central Vacuum, Wet Bar, Pantry, Walk-In Closet(s), Kitchen Island, Cathedral Ceiling(s)
- Also
- Washer/Dryer Connect, Wet Bar, Pantry, Walk-In Closet(s), Walk-in Shower, Kitchen Island, Cathedral Ceiling(s), Trey Ceiling, Internet Available, Wired for Internet
Exterior
- Construction
- Frame, Fiber Cement
- Architecture
- Cottage
- Porch & patio
- Porch - Covered, Patio
- Other structures
- Gazebo
Land
- Lot size
- 0.01 acres
- Lot
- Cul-De-Sac, Private, Zero Lot Line
- Views
- Mountain View, Country Setting
- Deed restrictions
- Yes
Utilities
- Water
- Public
- Sewer
- Public sewer
- Heating
- Central, Forced Air, Heat Pump, Zoned, Natural Gas, Electric
Listing
- MLS #
- 1345925
- Status
- Active
- On market
- 19 days
- Listed
- Oct 9, 2026
Finances
- Property tax
- County only
- Outside city limits
- HOA
- $1,900/yr
- Mandatory dues
- Price per sq ft
- $255
- 3,510 sq ft
Price history
- Oct 27, 2026
- Price cut
- $894,900 −$5,000
- Before
- Listed
- $899,900
Accepted
- Cash
- VA Loan
- Conventional
- FHA
- New Loan
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Location
- Neighborhood
- Park Place At Farragut
- County
- Knox
- ZIP
- 37934
Drive times
- Turkey Creek 5 min
- Lenoir City 20 min
- Pellissippi State 20 min
- McGhee Tyson Airport 25 min
- downtown Knoxville 30 min
- Maryville 30 min
- UT Medical Center 30 min
- ORNL 45 min
- Tellico Lake 45 min
- Athens 60 min
- Crossville 60 min
- Douglas Lake 60 min
- Sevierville 60 min
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Listing courtesy of Realty Executives Associates. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1345925.