One of Knoxville’s Most Expensive Homes Heads to the Market for $11.5 Million

One of the most expensive homes in

Knoxville,
Tennessee, is coming to the market early next week with a $11.5 million price tag, Mansion Global has learned. 

The Neoclassical-style compound stands on a secluded peninsula surrounded by nearly 1,000 feet of shoreline on Fort Loudoun Lake, one of the “most beloved and beautiful lakes in our area,” said listing agent Jennifer Scates of Wallace Real Estate/Luxury Portfolio International. 

Having a 3.6-acre compound in the area is rare, she said, but having it on Fort Loudoun Lake, on one of only a handful peninsulas on the whole waterway—“that’s what makes it a really fabulous property.” 

The 12,500-square-foot trophy home was built in 2003.

“You walk through into the open foyer and you’re met with the hand-cut marble, the iron staircase. You’ve got hand-painted murals from a local artist, in the dining room you’ve got the gold-leaf ceilings that were all hand done, you’ve got Brazilian cherry hardwood floors, you have all of these, padded silk on the walls,” Scates said. 

“There’s nowhere in this home that you don’t feel a warm and inviting feeling,” she said. 

Other features in the four-bedroom main house include detailed millwork; a formal living room; a kitchen with prep and cook stations, a burled wood island, multiple pantries and a butler’s pantry; a media room with a surround-sound system and a wet bar; multiple balconies; and a sunroom designed to withstand lake weather. 

“There’s so much detail in this home, nothing was spared,” Scates said. “It took almost a year for the millwork to be installed. Thought went into everything.” 

Outside of the main house is the two-bedroom Cabana house, with a kitchen, sliding-glass doors and two en-suite bedrooms. 

There’s also outdoor entertaining areas, a pool, a covered boat dock with jet ski and boat lifts and a seawall.

A lot of the properties on the lake are protected from the water with riprap, which is rock or other material that’s used to protect your shorelines against natural water and weathering damage, Scates explained. But across its 1,000 feet of shore line, this house has its own sea wall installed to protect the property. “It’s actually a huge bonus—a lot of the properties don’t have that,” she said. 

The property belonged to the late Sidney “Sid” and JoNelda “Jo” Blalock, who passed away in 2019 and 2022, respectively. Sid’s family founded Blalock Companies—a family run construction and concrete business. The couple were well-known for being philanthropic in the local community and beyond.