12408 Palm Beach Way, Knoxville, TN 37922

$942,000
3
BD
3
BA
2,980
SqFt

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Sold Price
$942,000
List Price
$989,000
Closing Date
Oct 05, 2026
MLS#
1344473
Status
CLOSED
Type
Single Family Residential
City
Knoxville
County
Knox
Bedrooms
3
Bathrooms
3
Baths Half
1
Baths Full
2
Living Area
2,980
Year Built
2016

Property Description

Welcome to this beautifully updated home situated on a rare double lot in Choto, offering endless possibilities to create your own private outdoor oasis with plenty of room to add a pool, additional entertaining space, or store your boat or jet ski. Inside, you'll find thoughtful upgrades and high-end finishes throughout, including plantation shutters in every room, Venetian plaster walls, water filtration system, and a convenient whole-house vacuum system. The main level features a spacious primary suite with an updated bathroom (2023), along with a sunroom and a functional mudroom area. The kitchen is designed for both style and function, complete with a dry bar, large pantry, gas cooktop, trash compactor, and all-new appliances (2023). Step outside to enjoy over $150,000 in outdoor improvements, including a beautifully redesigned backyard with pavers, patio space, and a hot tub--perfect for entertaining or relaxing. The home also features permanent ''jellyfish'' lighting for year-round ambiance and curb appeal. Additional highlights include a Generac generator, two AC units, a 3-car garage, and a flexible upstairs layout with two bedrooms, a full bath, and a large bonus room that could be a 4th bedroom. Washer, dryer, refrigerator, fire pit, and hot tub will remain with the home. Residents of Lake Cove enjoy access to a community dock and boat ramp, adding to the appeal of this exceptional property. The neighborhood is close to Markets at Choto, Concord Park, and nearby Choto Marina. Desirable school zone including Northshore elementary, Farragut Middle, and Farragut High School.

Additional Information

Acres
0.59
Community Amenities
Boat Ramp, Lake/Water Access
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Construction
Brick, Shingle Siding
Cooling
Central Air
Exterior Features
Prof Landscaped, Irrigation System
Fireplace
Yes
Floors
Tile, Hardwood
Garage
Attached, Main Level, Garage Door Opener, Garage Faces Side
Living Area
2,980
Lot Description
Cul-De-Sac, Rolling Slope, Corner Lot
Style
Traditional
Subdivision
Lakecove S/D Unit 1
View
Seasonal
Year Built
2016
Subdivision
Lakecove S/D Unit 1
Heating
Central, Forced Air, Natural Gas, Electric
Num Of Rooms
6
Restrictions
Yes
Fireplaces
1
Hoa
Mandatory
Hoa Fees
$1,000
Hoa Freq
Yearly
Bonus Room
Yes
Association Fee Incl
All Amenities
Water
Public
Sewer
Public Sewer

Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.

How It Works

Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.

Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.

Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.

Frequently Asked Questions

Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.

Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.

Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.

Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.

Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578

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Listing courtesy of Wallace. Selling Office: .

Agent: Lisa Sinclair |

Office: Wallace |