The Reserve @ Penrose Farm Homes for Sale

The Reserve @ Penrose Farm Homes for Sale

Welcome to The Reserve @ Penrose Farm, an enchanting subdivision nestled in the heart of Knoxville, Tennessee. This charming community offers a perfect blend of modern living and serene surroundings, making it an ideal choice for families, professionals, and retirees alike. With its picturesque landscapes and friendly atmosphere, The Reserve @ Penrose Farm is more than just a place to live—it's a lifestyle.

As you explore this delightful neighborhood, you'll discover a variety of beautifully designed homes for sale, each boasting unique architectural styles and thoughtful layouts. From cozy single-family residences to spacious contemporary designs, there’s something to suit every taste and budget. The homes are crafted with high-quality materials and feature modern amenities that cater to today’s discerning homeowners.

Residents of The Reserve @ Penrose Farm enjoy access to a wealth of local conveniences, including shopping, dining, and entertainment options just a short drive away. Outdoor enthusiasts will appreciate the proximity to parks and recreational areas, perfect for hiking, biking, or simply enjoying the natural beauty of East Tennessee.

With a strong sense of community and a commitment to maintaining a peaceful environment, The Reserve @ Penrose Farm is the perfect place to call home. Whether you're looking to settle down or invest, this subdivision offers an exceptional opportunity to experience the best of Knoxville living. Explore our current listings today and find your dream home in The Reserve @ Penrose Farm!

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

Start Your Search