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 picturesque community is designed for those who appreciate the perfect blend of modern living and natural beauty. With its lush landscapes and serene surroundings, The Reserve offers a peaceful retreat while still being conveniently located near the vibrant amenities of Knoxville.

Homes for sale in The Reserve @ Penrose Farm reflect a variety of architectural styles, catering to diverse tastes and lifestyles. From charming craftsman designs to contemporary masterpieces, each residence is meticulously crafted with high-quality materials and thoughtful details. Spacious interiors, open floor plans, and abundant natural light create inviting spaces perfect for family gatherings or entertaining friends.

Residents of The Reserve enjoy a wealth of community amenities, including beautifully landscaped common areas, walking trails, and parks that encourage outdoor activities and a healthy lifestyle. The neighborhood's friendly atmosphere fosters a sense of belonging, making it easy to connect with neighbors and build lasting friendships.

Conveniently located just minutes from downtown Knoxville, The Reserve @ Penrose Farm provides easy access to a variety of shopping, dining, and entertainment options. Whether you're exploring the vibrant local arts scene, enjoying the scenic beauty of nearby parks, or indulging in the culinary delights of local restaurants, you'll find that everything you need is within reach.

Discover your dream home in The Reserve @ Penrose Farm, where comfort, community, and convenience come together to create the perfect living experience in Knoxville, TN. Explore our listings today and take the first step toward your new beginning!

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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