August’s top home sale was a $2.2 million Sullivan Co. lake house.
The home features the amenities you would expect. There are four guest bedrooms and baths, and a separate, but connected, in-law’s suite with a full kitchen, sitting area, bath, and laundry room. Elevators service each level of the multi-level home.
Outside, there’s a pool with three waterfalls, a hot tub and a deeper end for swimming laps. The pool area is surrounded by black walnut decking with a full bath and pool house area. There’s also a two-story dock with boat lift and two ski jet ports and a half bath and dock with an outdoor shower and hookup for an outdoor kitchen.
The original listing was for $2,850,000. It was the only cash sales of the month in its price range. So far this year 48 Tri-Cities area home have sold for $1 million plus.
The average sales price of those 48 sales was $1.3 million. Most of the sales (23) have been in Washington Co.
The top sale of the year so far is a $4.2 million Carter Co. cash sale.
On the last day of September, there were 103 active $1 million plus listing in the area monitored by the Northeast Tennessee Association of Realtors (NETAR). There have been 614 sales of homes in the $500,000 and up luxury market so far this year. That 16% more than those sold this time last year.
There were 101 pending sales of luxury homes in August, up 16.6% from this time last year..