MARKET PULSE – Limestone estate top February sale

Don Fenley 

February’s top sale was a 12-room estate on 34 acres in Limestone, Greene Co.

The 4,265 sq. ft. home and property sold for $2,450,000. The home  included a luxury living area with custom fireplaces and a gourmet kitchen with top-of-the-line Thermador Masterpiece Series appliances, Home Wi-Fi Connect, and custom items in other areas.

There is a master suite with remote-controlled shades, vaulted ceilings, walk-through shower with headed towel bars. There are another three bedrooms with en-suite bathrooms.

Additional spaces include an exercise room/bedroom, laundry/office space, a mechanical room and a three-car garage.

Smart technology features include Atmos surround and sound through the main room. Sonos sound in the pool area, control4 custom smart exterior lighting.

It has a mineral spa and pool and an outdoor kitchen.

Pool cleaners and loungers, 82” Samsung TV and all other tvs, window control blinds, window treatments and build-in appliances and fridge are listed as conveyed.

The property includes a 60’X40’ metal barn with two 50-amp hookups, concrete flooring and an office with a heating and air unit.

February’s Limestone sales tops the year-to-date $1 million plus at 14.

So far this year seven of the top sales have been in Washington Co. TN, three in Carter Co.

Two in Sullivan and one each in Greene and Hawkins counties.

There were 57 sales in the $500K plus tier during February, and 125 so far this year.

The year-to-date price trend is up 45.3% from last year.

During February there were 80 pending sales in this price range, 122 new listings.

Active inventory (376 listings) is up 26.2% from last year

NETAR is the voice for real estate in Northeast Tennessee. It is the largest trade association in the Northeast Tennessee, Southwest Virginia region, representing over 1,800+ members and 100+ business partners involved in all aspects of the residential and commercial real estate industries. Weekly market reports and information for both consumers and members are available on the NETAR website at https://netar.us