Neighborhood of the Week: Montgomery Cove

September 15, 2008

© 2008 Robert Stockdale Photography, All Rights Reserved.

This week Neighborhood of the Week heads back west and way down Northshore Drive to a little lakeside neighborhood with some awfully big homes: Montgomery Cove.

Nestled in the “v” formed by Northshore Drive and Choto Road, Montgomery Cove is a waterfront community that backs up to Turkey Creek.

Residents who don’t live in one of the neighborhood’s lakefront homes can still enjoy the water at Waterside Park, a four acre community area complete with a Stephen Fuller designed clubhouse, a lakeside dock with fishing pier, a 25 meter swimming pool, a gazebo, a playground, and basketball, vollyball and tennis courts.

In addition to its lakefront amenities, Montgomery cove also features sidewalks and streetlamps throughout the neighborhood.

Homes in Montgomery Cove are large and tradtional - some might even say grand - and many have large porches and columned entrances.

Even though Montgomery Cove is way out on the far southwest stretch of Northshore Drive, it is still easily accessible via Kingston Pike and I-40 to the north or I-140 to the east.

So if you’re looking for an upscale and idyllic lakefront community in the upper price range and don’t mind adding a few extra minutes to your daily commute in order to get it, Montgomery Cove might just be your cup of tea.

Special thanks to AAKT’s resident photographer, Robert Stockdale, for the great shots of Montgomery Cove. If you would like to learn more about Robert’s work, please visit his website.

Here’s Montgomery Cove by the numbers -

Montgomery Cove*

Current On-Market Listings - 15
Average Asking Price: $779,287
Median Asking Price: $749,900

Average square footage:4750
Most Expensive: $1,250,000 (4 BR, 4 1/2 BA, 4400+ sq ft lakefront home with dock)

Least Expensive: $474,900 (5 BR, 4 1/2 BA, 4500+ sq ft, on 1/2 acre)

Middle of the Road: $749,900 (5 BR, 4 1/2 BA, 6000+ sq ft)

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

Closed Sales - Jan 2008 - June 30 2008- 3
Average Asking Price - $639,967
Average Sales Price - $605,000
Median Sales Price - $600,000
Days on Market -187

Closed Sales - Jan 2007 - June 30 2007- 6
Average Asking Price - $612,400
Average Sales Price - $591,267
Median Sales Price - $569,950
Days on Market -95

*Data taken from KAARMLS on 9/15/08 does not include condos, PUDS, adjacent neighborhoods or multi-family units.

As always, if you want any more information about any of these properties, or if you’d like to check one of them out in person, just give me a shout.

If you would like to receive a full list of properties for sale in this neighborhood, or if you would like to be notified of new listings, send me an email with either “Current Montgomery Cove Listings” or “New Montgomery Cove Listings” in the subject line and I’ll take care of the rest. No. Spam. Ever.

Know of a neighborhood that’s Neighborhood of the Week material? Let me know about it and I’ll do my best to feature it as soon as possible.

Lakefront Homes, Montgomery Cove, West Knoxville

2 responses to "Neighborhood of the Week: Montgomery Cove"

Richard said:

September 16, 2008

This brings up a question I have been wondering about for a few weeks (yes, I have waaaay too much free time ) What is the difference between a neighborhood and a subdivision? I would like to know what you and your readers think. Thanks, Richard

suzy said:

September 18, 2008

That’s a great question and one I have to think about a lot when doing NOTW. And I’m not sure there’s an easy answer.

I think of a subdivision as a legal entity with restrictions and possibly by-laws and an HOA. You can search by a subdivision in the MLS or in the tax records.

A neighborhood, to me, is a little more free form, sometimes larger than a subdivision, and usually defined more by the community within a certain geographic area rather than by legal descriptions. It seems to me that there aren’t a lot of new “neighborhoods,” but rather that most of what I’d consider neighborhoods are what some people might call “established neighborhoods.”

My “neighborhood,” Kingston Woods, is actually made up of four different subdivisions, but because they all bleed into each other, we think of ourselves as one large entity. Another example of what I consider to be a neighborhood would be Old Mechanicsville, which legally is made up of three “additions” (in these parts, an older term for “subdivision”), but which is defined more by its architecture and geography than by what’s legally written on the tax record.

Rocky Hill is another example of a a general area, or neighborhood, that is made up of lots of different subdivisions.

But those are just my thoughts on the matter. And having said all of that, you could argue that some of my NOTWs are actually sudivisions and not neighborhoods. Oh well.

Does anybody else have any thoughts on the subject?