The Reserve @ Penrose Farm Homes for Sale

The Reserve @ Penrose Farm Homes for Sale

Welcome to The Reserve @ Penrose Farm, an exquisite subdivision nestled in the heart of Knoxville, Tennessee. This charming community offers a perfect blend of modern amenities and serene, natural surroundings, making it an ideal place for families, professionals, and retirees alike.

The Reserve @ Penrose Farm is characterized by its beautifully designed homes that showcase a variety of architectural styles, catering to diverse tastes and lifestyles. Each residence is thoughtfully crafted with attention to detail, featuring spacious layouts, high-quality finishes, and inviting outdoor spaces. Whether you’re looking for a cozy single-family home or a more expansive property, you’ll find a range of options that suit your needs.

As you explore this vibrant neighborhood, you’ll discover an array of amenities that enhance the quality of life for its residents. The community is surrounded by lush greenery, walking trails, and parks, providing ample opportunities for outdoor recreation and relaxation. Families will appreciate the proximity to top-rated schools and local shopping, dining, and entertainment options that Knoxville has to offer.

Homes for sale in The Reserve @ Penrose Farm are a hot commodity, reflecting the desirability of this picturesque area. With a strong sense of community and a welcoming atmosphere, it’s no wonder that buyers are eager to make this subdivision their home. If you’re ready to embark on your journey to homeownership in Knoxville, The Reserve @ Penrose Farm is waiting for you. Come and experience the charm and elegance of this wonderful community today!

Newest The Reserve @ Penrose Farm Homes for Sale

$870,000
5 Beds 5 Baths 1339217 MLS
SPECIAL BUILDER FINANCING AVAILABLE AS LOW AS 5.875%*! Welcome to 8117 Carolina Cherry Lane, the only completed, move-in-ready new construction home currently available in The Reserve at Penrose Farm. With only four homesites remaining for future construction, this is a rare opportunity to move into a brand-new West Knoxville home without waiting through the building process. Offering 5 bedrooms, 5 baths and approximately 3,345 square feet, this thoughtfully designed home combines everyday functionality with elevated finishes. The light-filled main level features a privately situated owner's suite, dedicated home office and flexible additional space that can adapt as a playroom, study, music room or second office. The kitchen serves as the heart of the open living area with generous workspace, a large gathering island and walk-in pantry. Hardwood and tile flooring, tall ceilings and detailed finishes create a polished yet comfortable environment for daily living and entertaining. Upstairs, additional bedrooms provide privacy for family or guests, while a spacious bonus room and separate media room offer exceptional flexibility for movie nights, recreation, hobbies or another living area. Outside, the covered patio overlooks a level, usable backyard with irrigation and a newly planted landscape buffer designed to provide increasing privacy as it matures. The home's convenient 37919 location places shopping, dining, schools, parks and West Knoxville amenities just minutes away. If you have been waiting for a spacious new home with a main-level owner's suite, flexible living areas and immediate occupancy, this is your opportunity. Schedule your private showing and ask about the builder-sponsored financing program available through the preferred lender. *Builder-sponsored financing is available to qualified buyers through Rick Wilkinson with Mortgage Direct. Advertised 5.875% interest rate and 6.23% APR are based on a 30-year fixed-rate conventional loan as of 8/14/26. Buyer must qualify for financing and satisfy applicable credit, underwriting, loan-to-value and loan-program requirements. Terms, rates and availability are subject to change without notice. Builder contributions are subject to applicable loan-program limits and final lender approval. Contact the lender for complete terms, costs and eligibility requirements.

8117 Carolina Cherry Lane, Knoxville

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