Property Attributes
- MLS#1354436
- TypeSingle Family
- Listing Status Active
- CountyBlount
- CityLouisville
- AreaBlount County
- NeighborhoodCastaway Cove Unit 5
- Zip37777
- StyleContemporary
- Year Built2002
- Taxes$ 2919
- Bedrooms2
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage4828
- Lot Size0.39 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description
Welcome to an exceptional Louisville, Tennessee real estate auction offering the ultimate lakefront lifestyle. Located in highly sought-after Blount County, this impressive executive home combines dramatic architecture, expansive finished living space, and a spectacular waterfront setting on Fort Loudoun Lake. The thoughtfully designed main level is centered around a dramatic great room that flows seamlessly into an updated kitchen and a stunning main-level waterfront sunroom. The expansive main-level primary suite offers a private, luxurious retreat with commanding views of the water. While officially permitted as a 2-bedroom home, the property lives much larger. Bonus rooms upstairs and in the basement may be used as 3rd and 4th bedrooms, providing exceptional flexibility for guests, a home office, or a hobby space to fit your exact lifestyle needs. Adding incredible value to the property is approximately 1,800 square feet of beautifully finished daylight walkout basement. Completed in 2005, this impressive lower level features a spacious family room alongside those versatile bonus areas, creating endless possibilities for entertaining or extended living. Step outside and discover a tranquil waterfront retreat designed for the East Tennessee lifestyle. A fantastic covered patio area provides convenient space for paddleboards and lake gear, or a comfortable place to relax while enjoying your private cove. From the backyard, take in expansive water views and experience some of the most breathtaking sunsets on the lake. Combining spacious interiors with a highly desirable location, this Blount County investment opportunity is a rare find on the open market. Open House and Auction Details Come explore the potential of this incredible property for yourself. Join us for the Open House on October 2nd to walk the grounds and see the value firsthand. To participate in this Blount County TN real estate auction, visit alleyauction.com to register and place your bid. Registration is quick and secure. Mark your calendar for the final Auction Date on October 6th and secure your future with Alley Realty & Auction.
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General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Cooling,Ceiling Fan(s) |
| Appliances | Dishwasher,Microwave,Range |
| Garage Spaces | 2 |
| Architectural Style | Contemporary |
| Security Features | Security Alarm,Smoke Detector |
| Construction Materials | Stone,Vinyl Siding,Wood Siding,Frame |
| Year Built | 2002 |
| View | Lake |
| Property Subtype | Single Family Residence |
| County | Blount County - 28 |
| Property Type | Single Family |
| Attached Garage | true |
| Subdivision Name | Castaway Cove Unit 5 |
| Total Rooms | 8 |
| Full Baths | 3 |
| Status | Active |
| Directions | From Pellissippi Parkway/I-140, take the Topside Road exit toward Louisville. Turn right onto Louisville Road, then continue to Ralph Phelps Road and turn right. Turn left onto Wonderland Drive and continue to the property on the right. |
| City | Louisville |
| MLS Area | Blount County - 28 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 16988.4 |
| Property Attached Y/N | false |
| MLS Area Minor | Blount County - 28 |
| Structure Type | 2 Story |
| Standard Status | Active |
| New Financing Cash | true |
| New Financing Coventional | true |
Interior Features
| Interior Amenities | Walk-In Closet(s) |
|---|---|
| Basement | Walkout,Finished |
| Flooring | Carpet,Hardwood,Tile |
| Total Fireplaces | 2 |
| Fireplace Features | Wood Burning,Gas Log |
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Windows - Insulated |
| Fireplace Y/N | true |
| Half Baths | 1 |
| Total Bedrooms | 2 |
| Total Baths | 4 |
| Other_sp_Rooms_co_Family_sp_Room | true |
| Other_sp_Rooms_co_Great_sp_Room | true |
Exterior Features
| Parking Features | Attached |
|---|---|
| Lot Features | Lake/Water Access,Waterfront |
| Water Source | Public |
| Lot Size Area | 0.39 |
| Building Area Total | 4828 |
| Lot Size Acres | 0.39 |
| Frontage Type | Lakefront |
| Lot Size Source | Tax Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026 All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information was updated September 21, 2026 5:12 PM UTC Some properties may subsequently have sold