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    401 Carmel Lk Way Knoxville, TN 37919

    Picture of Residential land & home lots at Carmel Lk Way 401, Knoxville, TN
    For Sale
    $1,750,000

    LAND - Knoxville, TN

    Lot size:
    0.62 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 401 Carmel Lk Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.62 Acres

    realty executives associates (865) 531-2020 [email protected]

    Listing agent Sharon Bailey (865) 250-2020

    Listing date Sep 22, 2025

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Knoxville Land with Lake Views

    This property is located within a gated private development. The available lots feature lake views and deeded access to the waterfront, including the right to build a dock. The location provides convenient access to Downtown Knoxville, the University of Tennessee campus, and the hospital. Architectural plans are available for a home designed by Jonathan Miller, which can be customized. The design includes an elevator for access to all levels and decking with covered porches to take advantage of the mountain and lake vistas. Only five homes are planned for the development, and three lots are currently available. The lot size is approximately 0.62 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.956852
    Latitude
    35.948396

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    FAQs

    What type of property is this?
    Residential land & home lot - Gated land with lake views and deeded waterfront access.
    Where is this residential land & home lot located?
    The property is located at 401 Carmel Lk Way Knoxville, TN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Gated private development with **lake views and deeded waterfront access.**; - Opportunity to build a custom home designed by Jonathan Miller.; - Convenient location with easy access to Downtown, UT Campus, and Hospital.
    (865) 250-2020
    Request Owner's contact information
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    Knoxville, TN 37919
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Carmel Lk Way Knoxville, TN 37919
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