Neighborhood of the Week: Lakemoor Hills

Since last week’s NOTW was Sequoyah Hills, I thought Lakemoor Hills would be interesting to look at this week. Also known as the “poor man’s Sequoyah” or “Sequoyah South” due to its location across the river from Sequoyah Hills, Lakemoor Hills is a beautiful, established community just off of Alcoa Highway at Maloney Rd. But don’t let the nicknames fool you – with over 250 homes, many with lake frontage, lake views, or ample acreage, Lakemoor Hills is by no means a second class neighborhood.

Lakemoor Hills*

Current On-Market Listings - 6
Average Asking Price: $474,943
Median Asking Price: $369,900
Average Square Footage: 3437
Most Expensive Listing: $995,000 (5 BR, 5 1/2 BA, over 6500 sq ft on over 4 acres)
Least Expensive Listing: $229,900 (3 BR, 2 BA, approx 1833 sq ft)

Current Pending Sales -0
Average Asking Price – NA
Median Asking Price – NA

Closed Sales – February 2007 – 1
Average Sales Price – $495,000
Median Sales Price – NA
Average Days on Market – 160

Closed Sales – February 2008 – 0
Average Sales Price – NA
Median Sales Price – NA
Average Days on Market – NA

*Data taken from KAARMLS on 3/24/08 for Lakemoor Hills proper, and does not include adjacent subdivisions, condos or PUDS.

What neighborhoods would you like to see featured in the future? Any other stats that you’re itching to have?

Tags: Lakefront Homes, Lakemoor Hills, Neighborhood of the Week, Neighborhoods, South Knoxville

Author: Suzy

Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night.