$725,000
$975,000
25.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
5,191 SqFt
SOLD DATE : 01/04/2024
Key Details
Sold Price $725,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 5,191 sqft
Price per Sqft $139
Subdivision Gibbs And Maloneys Addition
MLS Listing ID 2933141
Sold Date 01/04/24
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1924
Annual Tax Amount $4,725
Lot Size 1.490 Acres
Acres 1.49
Lot Dimensions 118.38 X 226.83 X IRR & 165.81 X 131.70 X IRR
Property Sub-Type Single Family Residence
Property Description
Presenting a once-in-a-generation opportunity to own one of the most prestigious homes in Fountain City. The 1924 Dempster-Francis Mansion, located on a Dogwood Trail on beautiful Gibbs Drive, is a Fountain City landmark listed in the National Register of Historic Places. The former home of Knoxville mayor and inventor George Dempster has been restored to its original glory and updated for modern living. Prominently located on two lots with 1.49 acres, its Neoclassical design features a gracious front porch, porte-cochère, historic fountain and 4-car garage. Perfect for those seeking a prestigious home or high-profile location for a beautiful Bed and Breakfast. This spacious home features 5 bedrooms, 2 1/2 bathrooms, large modern kitchen, formal dining room, butler's pantry/breakfast room, sunroom, first floor office/family room, two gorgeous stone fireplaces, two staircases, original hardwood floors and woodwork, new windows, cedar-lined closets, stunning leaded glass entry, 2nd floor porch, beautifully landscaped and expansive grounds with irrigation system and a full walk-out basement with potential for additional living space. All kitchen appliances are included. The property is comprised of two lots, one with Broadway frontage. Seller is offering a $10,000 allowance for cosmetic updates and minor repairs. Buyer to verify square footage and all property details.
Location
State TN
County Knox County
Interior
Heating Central, Electric, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Fireplaces Number 2
Fireplace Y
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Exterior
Exterior Feature Balcony
Garage Spaces 4.0
Utilities Available Electricity Available
Amenities Available Sidewalks
View Y/N true
View City
Private Pool false
Building
Lot Description Corner Lot, Other
Structure Type Stone,Other,Brick
New Construction false
Schools
Elementary Schools Fountain City Elementary
Middle Schools Gresham Middle School
High Schools Central High School
Others
Senior Community false
Special Listing Condition Standard
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