The Reserve @ Penrose Farm Homes for Sale

The Reserve @ Penrose Farm Homes for Sale

Welcome to The Reserve @ Penrose Farm, a picturesque subdivision nestled in the heart of Knoxville, Tennessee. This charming community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and everyone in between.

The Reserve @ Penrose Farm is characterized by its beautifully landscaped streets, modern amenities, and a warm, welcoming atmosphere. Here, you’ll find a variety of stunning homes for sale, each designed with comfort and style in mind. From spacious single-family residences to cozy townhomes, there’s something to suit every taste and lifestyle. Many of the homes feature open floor plans, gourmet kitchens, and luxurious outdoor spaces, perfect for entertaining or enjoying quiet evenings with loved ones.

Living in The Reserve means being part of a vibrant community with access to top-rated schools, shopping, dining, and recreational activities. The nearby parks and green spaces offer plenty of opportunities for outdoor adventures, whether you enjoy hiking, biking, or simply soaking in the beautiful Tennessee scenery.

With its prime location in Knox County, residents can easily explore all that Knoxville has to offer, from its rich history and cultural attractions to its thriving arts scene. The Reserve @ Penrose Farm is not just a place to live; it's a lifestyle choice that combines the best of both worlds.

If you’re looking for your dream home in a community that feels like family, explore the homes for sale in The Reserve @ Penrose Farm today and discover your perfect sanctuary in Knoxville!

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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