The Reserve @ Penrose Farm Homes for Sale

The Reserve @ Penrose Farm Homes for Sale

Welcome to The Reserve @ Penrose Farm, a hidden gem nestled in the heart of Knoxville, Tennessee. This picturesque subdivision offers a perfect blend of tranquility and modern living, making it an ideal choice for families, professionals, and retirees alike. With its lush landscapes and beautifully designed homes, The Reserve is a community where comfort meets elegance.

Imagine waking up in a home that reflects your style, surrounded by the natural beauty of Knox County. The Reserve features an array of homes for sale, each thoughtfully crafted to provide spacious living areas, gourmet kitchens, and luxurious master suites. Whether you're looking for a cozy single-story retreat or a grand two-story residence, you'll find options that cater to your every need. Many homes boast charming outdoor spaces, perfect for entertaining or enjoying a quiet evening under the stars.

Living in The Reserve @ Penrose Farm means embracing a lifestyle filled with convenience and community. Residents enjoy easy access to local parks, shopping centers, and top-rated schools, ensuring that everything you need is just a stone's throw away. The vibrant city of Knoxville offers a rich cultural scene, with dining, entertainment, and outdoor activities at your fingertips.

If you're ready to discover your dream home in this enchanting subdivision, explore the homes for sale in The Reserve @ Penrose Farm today. Experience the perfect balance of suburban serenity and urban convenience, and make this beautiful community your new home!

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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