Today, I'd like to visit Sequoyah Hills, Knoxville TN. This is one of the older and more stately areas, that is soaked in history. It is situated on a peninsula created by the Tennessee River between downtown Knoxville and West Knoxville, and is named for Cherokee Indian Sequoyah who developed the Cherokee alphabet. Sequoyah Hills is bordered on the east, west and south by the Tennessee River and Kingston Pike on the north.
Sequoyah Hills was originally developed in the 1920's as an area for the rich to escape city life. Homes sit atop 40-foot bluffs giving residents sweeping views of the Tennessee River. There are a number of historical homes here, and one of the most notable homes currently on the market is a replica of the Washington Rotunda, built in 1928.
For December 2011, there were 11 properties on the market; 4 Closed sales, and 6 that expired off of the MLS. (Don't let the high number of expired listings upset you, homes in Knoxville and the surrounding area are currently on market for an average of 126 days, and these will be back on the market soon.)
- Average listing price: $620,554.55
- Median Listing price: $389,900
- Least expensive listing: $174,900
- Most expensive listing: $2,190,000
Over the past 3 years home sales have been pretty brisk, ranging from 30 home sales in 2009 to 42 home sales in 2010, with 2011 in the middle with 35 home sales.
If you are looking for that special home in an area that literally oozes history, Sequoyah Hills may be for you. To schedule a viewing for any of the properties on the market, please drop me a line. I am happy to show you around Sequoyah Hills Knoxville TN.