2805 Gibbs Drive Knoxville, TN 37918
Listing Courtesy of: East Tennessee Realtors / Wallace Bearden Office / Kim Trent
$999,000
5
BED
3
BATH
5,191
SQFT

  2805 Gibbs Drive Knoxville, TN 37918

Active (16 Days)

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-cochre, 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.

MLS #:
1221083
Taxes
$4,725
Lot Size
1.49 acres
Type
Single-Family Home
Year Built
1924
Style
2 Story Basement
Views
City
County
Knox County
Community
Gibbs and Maloneys Addition
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Interior Features
  • Washer/Dryer Connect
  • Walk-In Shower
  • Internet Available
  • Addl Rooms : Extra Storage
  • Addl Rooms : Laundry/Utility
  • Extra Storage
  • Addl Rooms : Breakfast Room
  • Addl Rooms : Sunroom
  • Breakfast Room
  • Addl Rooms : Den/Study
  • Den/Study
  • Addl Rooms : Workshop
  • Workshop
  • Laundry/Utility
  • Sunroom
  • Addl Rooms : Office
  • Office
Subdivision
  • Gibbs And Maloneys Addition
Lot Information
  • Corner Lot
  • Irregular Lot
Property Features
  • Fireplace: Yes
Heating and Cooling
  • Central
Flooring
  • Tile
  • Hardwood
Exterior Features
  • Masonry
  • Frame - Brick
Utility Information
  • Fuel: Electric, Gas (Natural)
School Information
  • Elementary School: Fountain City
  • Middle School: Gresham
  • High School: Central
Parking
  • Off-Street Parking
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 01, 2023
Price Changed
$999,000
-9%
-101,000
May 01, 2023
Price Changed
$1,100,000
-8%
-100,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Wallace and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 East Tennessee Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/1/23 00:41