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847 Vera Valley Way, Knoxville, TN, 37919

3beds
3baths
1,841sqft
$525,000
$285price/sqft
$3,234/moest. monthly cost
$129,360/yrincome needed

About This Home

MULTIPLE UNITS AVAILABLE! Welcome to Patterson Place, a thoughtfully designed collection of modern townhomes located in the highly desirable Rocky Hill / Bearden area of West Knoxville. These newly constructed residences blend contemporary architecture with refined finishes, offering an elevated living experience in one of the city's most sought-after locations. Designed with both style and functionality in mind, each home features hardwood flooring throughout, expansive aluminum windows and doors that flood the interiors with natural light, and open-concept living spaces ideal for entertaining. The kitchens serve as the heart of the home, appointed with custom cabinetry, quartz countertops, high-end appliances, a gas range, and a custom vent hood. Beautifully appointed bathrooms feature designer tile and custom glass shower enclosures, while additional upgrades include spray foam insulation and a tankless gas water heater for enhanced efficiency and comfort. Private outdoor porches provide the perfect space to relax and unwind. With multiple thoughtfully designed floor plans available, including both two and three bedroom options, Patterson Place offers a rare opportunity to enjoy modern new construction just minutes from Bearden's premier shopping, dining, and everyday conveniences. *Photos shown are from a completed model/show unit and are for illustrative purposes only. Actual finishes, materials, features, and unit orientation may vary slightly between units.

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
9
BikeSomewhat Bikeable

Schools

9/10
6/10
Bearden Middle SchoolGrades 6-82.5 mi
8/10
West High SchoolGrades 9-124.6 mi

Construction

Condition

  • Year built: 2026

Materials

  • Construction materials: Wood Siding,Cement Siding,Brick,Block,Frame

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Tankless Water Heater,Gas Range,Dishwasher,Disposal,Microwave,Refrigerator,Self Cleaning Oven

Basement

  • Has basement: Yes
  • Basement: Slab

Bedrooms & Bathrooms

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

Features

  • Walk-In Closet(s),Pantry,Eat-in Kitchen
  • Window features: Aluminum Frames,ENERGY STAR Qualified Windows
  • Flooring: Hardwood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,841
  • Total interior livable area: 1,841 sqft

Property

Details

  • Parcel number: 133GC006
  • Attached to another structure: Yes

Features

  • Exterior features: Irrigation System,Prof Landscaped
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 435.60 sqft
  • Features: Private

Parking

  • Parking features: Designated Parking,Common

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

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather
Cold Wave
Earthquake
Ice Storm
Strong Wind

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 $2,654$31,848
Home Insurance $213$2,556
Property Taxes $192$2,304
Electricity $175$2,103
Total$3,234$38,808

Income You'd Need if You Spent...

35% on housing$110,880/yr
40% on housing$97,020/yr
45% on housing$86,240/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

$285This listing

vs Other Active Listings

Avg $/sqft

ZIP 37919$270
Knox County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37919$259
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
2026-08-05Pending sale$525,000
2026-04-08Price change$525,000
2026-03-27Listed for sale$549,000

For Sale by Agent

AgentErin Henson
BrokerageKeller Williams Signature

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