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Lake View Residential Land Lot
For Sale
$1,750,000

401 Carmel Lake Way, Knoxville, TN 37919

Gated residential lots with deeded waterfront access and rights to build a dock, with easy access to downtown and UT.

Property SizeContact for details
Days on Market332

Property Features for 401 Carmel Lake Way

General Information

Standard status Active
Property subtype Land

Additional Details

Water Rights Yes
Listing Agency: Realty Executives Associates
Listed By: Sharon Bailey
Source: Thecochranteam
Added: Sep 12, 2025 Changed: Aug 8 Last Checked: Aug 8 at 8:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Associates

Investment Insights

Based on property information with market context.

Set within a gated private development, this residential land lot is part of a limited offering where every lot has magnificent lake views. Buyers receive deeded access to the waterfront, along with the right to build a dock, supporting a true lake-focused build plan. The development is designed for custom residential construction, with an example home concept by Jonathan Miller referenced in the materials as a framework that can be tailored to the buyer’s needs.

The offering is positioned for easy access to Downtown and the UT Campus & Hospital, making it convenient for daily commuting and recurring trips. The available lots are also described as having mountain and lake vistas, with the example architecture showing elevated living and outdoor entertaining features.

For prospective owners, this property is well suited to anyone seeking a private, restricted community setting with deeded waterfront access and the ability to add a dock. The referenced home concept includes an elevator to enjoy all levels, along with decking and covered porches intended to take advantage of the surrounding views. Only 5 homes are planned, and 3 lots are available today. Review the restrictions and plat details during your tour to confirm building requirements and dock rights for the specific lot.

Key Highlights

  • Gated private development with 5 homes planned and 3 lots available
  • All lots feature lake views
  • Deeded access to the waterfront with the right to build a dock

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Restaurant Dental Office (Bike/Boat/Book/etc) Store Bakery Food Market Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 37919, TN

30,822
Population
15,499
Households
2
Avg Household Size
38
Median Age
58%
College-Educated
95%
High-School Grad
19.1 sq mi
ZIP Area
1,614
Density / Sq Mi
$71,863
Median Household Income
$44,968
Median Earnings
$1,247
Median Rent
$453,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Gated residential lots with deeded waterfront access and rights to build a dock, with easy access to downtown and UT.
Where is this waterfront land located?
The property is located at 401 Carmel Lake 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 5 homes planned and 3 lots available; All lots feature lake views; Deeded access to the waterfront with the right to build a dock
More about this property
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