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114 Knollwood Ln, Fairfield Glade, TN, 38558

2beds
3baths
3,020sqft
$710,000
$235price/sqft
$4,772/moest. monthly cost
$190,880/yrincome needed

About This Home

Experience the best of Fairfield Glade lakefront living in this beautifully maintained 2-bedroom, 2.5-bath home with an office and a spacious bonus room--perfect as a third bedroom, hobby room, or media space. Nestled on a peaceful cove with an easy walk to the water, this home offers breathtaking lake views from the main living areas, primary suite, guest bedroom, expansive deck, and beautifully landscaped backyard. From the moment you enter, soaring ceilings and dramatic floor-to-ceiling windows frame the lake, filling the living and dining room with natural light while creating an unforgettable first impression. The kitchen and spacious breakfast nook/family room/breakfast flows effortlessly featuring bamboo flooring, natural gas fireplace, abundant cabinetry, a center island, pantry, updated Andersen windows, and newer kitchen appliances (approximately 7 years old). The private primary suite is a true retreat with serene lake views, a tray ceiling, oversized custom walk-in closet, and a luxurious ensuite featuring a tiled walk-in shower, soaking tub with double-sided natural gas fireplace, and dual vanities. The guest bedroom also enjoys beautiful lake views, along with the office space. Step outside to the expansive deck overlooking the water--an ideal setting for morning coffee, entertaining friends, or simply relaxing while enjoying the peaceful surroundings and gentle lake breezes. The gently sloping backyard offers an easy walk to the shoreline, making it simple to enjoy kayaking, fishing, or simply soaking in the tranquil waterfront setting. Additional features include engineered hickory hardwood flooring in the living and dining room area, custom drapery, surround sound speakers, an oversized two-car garage; workshop in the lower level; a flat driveway for easy access, HVAC replaced on the main level in 2021, and the home is currently on septic with sewer available at the street for future connection if desired. This exceptional lakefront property combines quality construction, generous living space, spectacular views, and one of Fairfield Glade's most desirable waterfront settings--offering the perfect place to enjoy the relaxed Tennessee lifestyle year-round.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

7/10
5/10

Construction

Condition

  • Year built: 2001

Materials

  • Construction materials: Vinyl Siding,Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Self Cleaning Oven,Other

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Walk-In Closet(s),Cathedral Ceiling(s),Kitchen Island,Pantry,Breakfast Bar,Eat-in Kitchen,Bonus Room
  • Window features: Insulated Windows,Drapes
  • Flooring: Laminate,Carpet,Tile
  • Number of fireplaces: 2
  • Fireplace features: Double Sided,Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Natural Gas,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,020
  • Total interior livable area: 3,020 sqft

Property

Details

  • Parcel number: 090M G 038.00

Features

  • Exterior features: Prof Landscaped,Dock
  • Has view: Yes
  • View description: Country Setting
  • On waterfront: Yes
  • Waterfront features: Lake/Water Access,Waterfront
  • Frontage type: Lakefront

Lot

  • Lot size: 0.60 Acres
  • Features: Near Golf Course,Level
  • Lot size dimensions: 85 x 151.3 IRR

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,Garage Door Opener,Attached,Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,590$43,080
Home Insurance $273$3,276
Property Taxes $664$7,968
Electricity $245$2,944
Total$4,772$57,264

Income You'd Need if You Spent...

35% on housing$163,611/yr
40% on housing$143,160/yr
45% on housing$127,253/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 38558$180
Cumberland County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 38558$209
Cumberland County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$695,000
2026-07-01Listed for sale$710,000
2014-11-14Sold$332,000
2014-10-20Pending sale$349,900
2014-06-24Price change$349,900
2013-10-12Price change$369,000
2013-05-24Price change$399,900
2011-05-12Listed for sale$425,000
2009-07-22Listing removed$479,000
2009-07-18Price change$479,000
2009-07-17Price change$497,500
2009-07-12Price change$479,000
2009-07-11Price change$497,500
2009-07-03Price change$479,000
2009-06-26Price change$497,500
2009-06-11Price change$479,000
2009-06-05Price change$497,500
2009-05-02Price change$479,000
2008-10-18Listed for sale$497,500
2001-03-16Sold$500
2000-06-01Sold$23,000

For Sale by Agent

AgentGenelle M. Thomas
BrokerageBetter Homes and Garden Real Estate Gwin Realty

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