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2426 Caravel Ln, Knoxville, TN, 37922

4beds
6baths
5,323sqft
$2,944,000
$553price/sqft
$19,818/moest. monthly cost
$792,720/yrincome needed

About This Home

Experience the best of Knoxville lake living at 2426 Caravel Lane -- a prime waterfront retreat on the shores of Fort Loudoun Lake. This exceptional four-bedroom home offers the ultimate lake lifestyle, ideally located just minutes from Choto Marina, where you'll enjoy convenient access to boating, waterfront dining. Upon entry, you're welcomed by dramatic floor-to-ceiling windows that perfectly frame panoramic lake views and flood the home with natural light. The airy great room, anchored by a stately stone fireplace, provides a stunning yet comfortable gathering space destined to host years of cherished memories. The thoughtfully designed kitchen is equally impressive, featuring a full-length island, eat-in breakfast area, vaulted ceilings, and breathtaking lake views that make even everyday moments feel special. Retreat to the serene primary suite, a true sanctuary complete with a spa-inspired bath offering a large walk-in shower and soaking tub designed for relaxation. The walk-out basement expands the home's entertaining potential with an incredible bonus room and full bar -- ideal for game days, movie nights, or hosting friends. Whether lively gatherings or quiet evenings in, this versatile space adapts beautifully to your lifestyle. Outside, a private in-ground swimming pool overlooking the lake serves as the ultimate finishing touch to this remarkable property. The covered dock comes complete with 2 boat lifts and 2 jet-ski lifts ready for use. This home embodies the waterfront lifestyle that continues Knoxville is known for. An extraordinary opportunity to make the dream your reality!

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
2
BikeSomewhat Bikeable

Schools

8/10
Northshore ElementaryGrades PK-54.9 mi
9/10
Farragut Middle SchoolGrades 6-85.6 mi
8/10
Farragut High SchoolGrades 9-125.5 mi

Construction

Condition

  • Year built: 1989

Materials

  • Construction materials: Wood Siding,Synthetic Stucco,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Range,Dishwasher,Disposal,Refrigerator,Self Cleaning Oven

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Walk-In Closet(s),Cathedral Ceiling(s),Kitchen Island,Pantry,Eat-in Kitchen,Central Vacuum,Bonus Room
  • Window features: Insulated Windows
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Stone,Gas Log
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 5,323
  • Total interior livable area: 5,323 sqft

Property

Details

  • Parcel number: 170 06517

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Exterior features: Dock
  • Has view: Yes
  • View description: Trees/Woods
  • Has water view: Yes
  • On waterfront: Yes
  • Waterfront features: Lake/Water Access,Waterfront
  • Frontage type: Lakefront

Lot

  • Lot size: 2.39 Acres
  • Features: Private,Wooded,Rolling Slope
  • Lot size dimensions: 103020.57c sf

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Side,Off Street,Garage Door Opener,Attached,Main Level
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 WaveModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Inland Flooding
Ice Storm
Landslide
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
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 $14,886$178,632
Home Insurance $906$10,872
Property Taxes $3,594$43,128
Electricity $432$5,189
Total$19,818$237,816

Income You'd Need if You Spent...

35% on housing$679,474/yr
40% on housing$594,540/yr
45% on housing$528,480/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: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$553This listing

vs Other Active Listings

Avg $/sqft

ZIP 37922$321
Knox County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 37922$229
Knox County$213

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)

No zestimate history available

Price History

DateEventPrice
2026-03-05Listed for sale$2,944,000
2016-09-23Sold$1,000,000
2004-02-03Sold$945,000

For Sale by Agent

AgentTyler Fogarty, Realty Executives Associates
BrokerageRealty Executives Associates

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