Neighborhood of the Week: Montgomery Cove
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.





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