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Active 19 days on market

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

Instant pre-approval

Get pre-approved before you tour.

Answer a few quick questions about your income and expenses by phone, and get pre-approved on the spot.

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Call (865) 535-7119
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
Approximate, by road

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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.