21 days on rocket

3498 Rankin Ferry Loop, Louisville, TN, 37777

$7,000,000

7 Bedrooms
5 Full Baths, 2 Partial
9,756 SqFt
$718/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Designated Parking, Basement, Main Level
Garage10 spaces
Year Built1938
HeatingGeothermal, Propane, Zoned, Other, Electric
CoolingCentral Air, Zoned
BasementYes
FireplaceGas
ViewTrees/Woods, Other, Lake
MLS #1261084
Lot Size10.00 Acres
StatusActive

About 3498 Rankin Ferry Loop

Welcome to Circle B Farm, where the past meets the present in a seamless and unique manner. Undisputedly one of the finest lakefront estates in East Tennessee, dating back to the late 1930's. The estate is placed on 10+ acres of pristine land at the foot of the Great Smoky Mountains and perfectly seated overlooking the Tennessee River. One of the most captivating features of this property is its breathtaking views. Whether enjoyed from the expansive windows of each room or the many outdoor spaces, residents are treated to a panorama of natural beauty that serves as a constant source of inspiration and tranquility. Whether it's watching the sunset over the water or enjoying a peaceful evening under the stars, the views from this home are nothing short of spectacular. Pride of ownership is evident in the meticulous maintenance and upkeep of this home. From the manicured lawns to the freshly painted exterior, every aspect of the property reflects a commitment to preserving its beauty and integrity. Prospective buyers can rest assured knowing that they are investing in a home that has been lovingly cared for and maintained to the highest standards. Beyond its historical charm, this home boasts an array of luxurious features and amenities designed to elevate the living experience. The smart home technology allows residents to control everything from the temperature, to privacy gates, to lighting with the touch of a button. With 10 garage spaces and a batting cage/home gym, this residence caters to the needs and desires of even the most discerning homeowner. From 2011-2012, this Georgian masterpiece had a complete transformation, being meticulously remodeled to meet the demands of modern living while preserving its historical integrity. The attention to detail is evident in every corner, with carefully chosen materials and finishes enhancing the home's inherent beauty. Whether it's the lovingly restored original hardwood floors or the tastefully renovated bathrooms, no expense has been spared in ensuring that this home radiates sophistication and charm. On the main level you will discover the master wing. The wing features a large walk in closet with a washer and dryer, walk in shower, soaking tub, large master bedroom and its own private covered porch. There are heated floors in all bathrooms ensure year-round comfort. The formal dining room, formal living room, office, den, second office, dog wash, galley kitchen, two laundry rooms, covered porches, and courtyards are also highlights of the main level. Upstairs, you will find 4 additional bedrooms and two full baths with walk in closets. Over the 4 car garage, and thoughtfully separated, you will discover the home gym/ batting cage and half bath. The grandeur of the Georgian era is seamlessly integrated with modern conveniences, resulting in a residence that is as functional as it is elegant. The manor house is approx 7700 sq feet. The guest house (2200 sq feet), an upscale luxury offering complete with the finest of amenities provides the ultimate in comfort, ambiance, and style all on one level. The guesthouse features 2 bedrooms, 2 full baths, laundry room, gourmet kitchen, salt water pool, incredible outdoor kitchen, and views of the river, pond and stables. There are 6 garage spaces below the guest house that could also be suited for a workshop or extra storage. To understand this unique property, an on site visit is required to fully appreciate all it has to offer.. An amazing homestead awaits, full of natural scenery and abundant wildlife. The home is in close proximity to the airport, shopping, sporting events, and downtown restaurants. Rarely will you find a lakefront compound that encompasses it all. ***Additional land/lake frontage/ lake access with a deeded easement, may be purchased or negotiated.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Living Area: 9,756 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

Interior Features

Interior Information:

  • Appliances: Generator, Central Vacuum, Dishwasher, Disposal, Dryer, Gas Grill, Gas Oven, Tankless Water Heater, Refrigerator, Microwave, Intercom, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Radiant Floors, Tile
  • Interior: Cathedral Ceiling(s), Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Trees/Woods, Other, Lake
  • Exterior: Irrigation System, Windows - Wood, Fenced - Yard, Patio, Pool - Swim (Ingrnd), Porch - Covered, Porch - Screened, Prof Landscaped, Deck, Doors - Energy Star

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, Designated Parking, Basement, Main Level

Lot Features

Lot Information:

  • Lot: Private, Wooded, Level
  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Geothermal, Propane, Zoned, Other, Electric
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • William Blount High School, Public District Grades 9-12
  • Union Grove Middle School, Public District Grades 6-8
  • Middlesettlements Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head southwest on TN-333 S/Topside Rd towards Louisville Rd, Turn right onto Louisville Boatdock Rd, Slight right onto Rankin Ferry Loop, House gate on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,000,000
  • Price Per SqFt: $718/SqFt

Tax Information:

  • Annual Amount: $12,163
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Louisville, TN.

Med. Sold Price

$494.4K

Med. Price/SqFt

$221

Avg. Days On Market

32

# of Sold Homes

4

3498 Rankin Ferry Loop vs Louisville

21 DAYS ON ROCKET

-11 Days

$7,000,000

+$6.5M More

$718/SqFt

+$496 More

KEY TAKEAWAY

This property is $6.5M more than the Median Sold Price and $496/SqFt more than other homes in Louisville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1261084

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 2019Home Sold
$720,000
Mar 31, 1997Home Sold
$299,900
Apr 03, 1996Home Sold
$228,780

Tax History

YEARPROP. TAXASSESSMENT
2020$12,163$492,425
2019$11,746$492,425
2018$11,746$475,550
2017$11,746$475,550

History based on county public records data.

Payment Calculator

$35K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5895479
7
/10
  • Middlesettlements Elementary School

  • 3105 Miser Station Rd

  • 3.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5895480
7
/10
  • Union Grove Middle School

  • 334 S Old Grey Ridge Rd

  • 7.44 miles

  • Public District Grades 6-8

High School

school-card-donut-5895481
7
/10
  • William Blount High School

  • 219 County Farm Rd

  • 7.61 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,023. Residents of Louisville, TN typically earn less than $35k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3498 Rankin Ferry Loop

What is the listing price of this property?

The listing price of 3498 Rankin Ferry Loop property is $7,000,000.

What type of property is this?

The property 3498 Rankin Ferry Loop is a house located in Louisville, Tennessee, 37777.

Is this property for sale now?

Active Listing: 3498 Rankin Ferry Loop is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3498 Rankin Ferry Loop are:
Middlesettlements Elementary School: GreatSchools Rating 7/10
Union Grove Middle School: GreatSchools Rating 7/10
William Blount High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,163 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 26, 2019 for $720,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3498 Rankin Ferry Loop has 7 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 3498 Rankin Ferry Loop is 9,756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3498 Rankin Ferry Loop is 1938.
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Rocket HomesTennesseeBlount CountyLouisville377773498 Rankin Ferry Loop

This home is located at 3498 Rankin Ferry Loop in Louisville, TN and zip code 37777. This 9,756 square foot home, which was built in 1938, sits on a 10.00 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $7,000,000.

While more than 0 listings in Louisville, TN in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Louisville, TN increased by 15.6% between March 2024 and April 2024. In April 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $494,450.

From Rocket Homes Real Estate and based on county public records data.

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