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New Home Developments in Knoxville & Farragut, TN: 2026 Guide
Quick answer: New construction across the Knoxville metro in 2026 sorts cleanly by price. Farragut is the premium end, led by the Town Center at Biddle Farms, The Grove at Boyd Station, Grigsby Park, and Ivey Farms (from the mid $600s). Hardin Valley (37932) is the busiest area, with Hickory View, The Haven at Hardin Valley, The Foundry, and Ironwood among many active communities. Karns, Powell, North Knoxville, and South Knoxville hold most of the attainable new homes and townhomes, from roughly $240,000 into the $400s, and downtown now has new for-sale condos at City Summit. Lenoir City offers new homes from about $240,000 to $655,900. A brand-new home is also the least expensive home to insure, and the estimator below shows you a ballpark premium in under a minute.
Why the Knoxville Area Keeps Building
If you are shopping for a new home anywhere from Farragut to Powell, you have picked an active market. Knox County is one of the fastest growing counties in Tennessee, and Knoxville ranked as the number one city Americans are moving to in 2026 in moveBuddha's Moving Forecast. The 2024 Advance Knox growth plan projects roughly 70,000 new residents in Knox County over the next 20 years, and Loudon County is expected to keep pace. That demand is why builders keep opening new phases in every direction from downtown.
The draw is the same as it has always been:
- Highly rated public schools, especially in Farragut and Hardin Valley
- Proximity to the University of Tennessee, Oak Ridge National Laboratory, and downtown Knoxville
- Access to Fort Loudoun Lake, Tellico Lake, and the Great Smoky Mountains
- A strong job market and a lower cost of living than many comparable metros
Here is the current picture, organized by area, with what each area means for your insurance.
Farragut (Knox and Loudon Counties, ZIP 37934)New Developments in Farragut
Farragut remains the premium end of the local new construction market, with a median new construction price around $799,000 and custom communities well past $1 million. The Town of Farragut launched an interactive Current Development Projects Map in March 2026 that shows every residential and commercial project inside town limits, and it is the first place to check before you tour.
Mixed-useTown Center at Biddle Farms
The signature Farragut project sits at Kingston Pike and Brooklawn Street across from Farragut High School. The roughly 43.63-acre development combines the Anchor 934 luxury apartments (about 90 percent leased as of spring 2026), for-sale townhomes, and over 60,000 square feet of retail and dining on a walkable Main Street layout with a Town Green for events. The for-sale piece is Saddlebrook Properties' Biddle Farms townhome community, which Saddlebrook lists at 47 townhomes. In April 2026 the Town formed a Town Center at Biddle Farms Cooperative with local businesses to plan events and draw more foot traffic.
Townhomes and single-familyThe Grove at Boyd Station and The Grove Towns
Across from McFee Park, this Saddlebrook community offers brick-exterior townhomes with master-on-main plans, 10-foot main-floor ceilings, and hardwood floors, plus single-family plans such as the Riverside. The Grove Towns section has two designer townhome plans with private covered porches. A new amenities center with a pool, conditioned community space, and two pavilions was slated to open in spring 2026, and residents can reach the McFee and Virtue Road greenways from the neighborhood.
New townhomesGrigsby Park
One of Farragut's newest townhome communities, with all-masonry exteriors, master-on-main layouts, hardwood and tile floors, island kitchens, and amenities that include sidewalks, a pool, a pavilion, and irrigated lots.
From the mid $600sIvey Farms by Goodall Homes
Goodall Homes' active Farragut community offers single-family homes from the mid $600s with 3 to 6 bedrooms and roughly 2,363 to 3,555 square feet. Self-guided tours are available, which makes it an easy first stop.
Low-maintenanceStonemeade and Meadows on McFee by Saddlebrook
Two Saddlebrook communities built around a low-maintenance lifestyle. Stonemeade offers three-car garage homes in Farragut, and Meadows on McFee sits next to McFee Park, Farragut's largest park. Both suit downsizers who want Farragut schools and parks without yard work.
Custom luxuryThe Farm at Willow Creek
One of Farragut's most prestigious addresses, with build-to-suit custom homes on premium lots and high architectural standards. Inventory is limited, and builds typically run well into seven figures.
No HOABlack Ridge Pointe
In Knox County about one mile from Turkey Creek, Black Ridge Pointe has no HOA and custom plans such as the Nichole at 2,949 square feet, for buyers who want Farragut convenience with more flexibility.
Insurance note for Farragut: higher-value homes make rebuild cost the number one thing to get right, and many Farragut townhomes need an HO-6 rather than an HO-3. See insurance in 37934 for the local rate drivers.
Northshore Drive and Fort Loudoun Lake (ZIP 37922)New Developments Near Fort Loudoun Lake
17 homesitesHolder Branch by Saddlebrook
An intimate luxury community of just 17 homesites near Fort Loudoun Lake, with seven semi-custom floor plans and three-car garage options. Choto Marina and Concord Marina are close by, along with Fox Den Country Club, The Markets at Choto, and the Farragut Greenway. The community is zoned for Northshore Elementary, Farragut Middle, and Farragut High.
Insurance note for lake-area buyers: no homeowners policy covers flood, and docks, lifts, and boats each need their own coverage. Read flood insurance near Fort Loudoun Lake and insurance in 37922 before you close.
West Knoxville and Hardin Valley (ZIP 37932)New Developments in West Knoxville and Hardin Valley
Hardin Valley, off Pellissippi Parkway near the Knox and Blount county line, is the busiest new construction area in Knox County. It leans toward larger single-family homes, strong schools anchored by Hardin Valley Academy, and a wide price range, from the low $400s to well over $800,000.
74 lotsHickory View by Ball Homes
A single-family community with 74 planned lots and 14 floor plans. Ranch plans such as the Barclay Point start near $406,000, two-story plans run up to about 2,775 square feet, and HOA dues are about $42 a month. Ball Homes has built in Knoxville since 2011 and focuses on West Knoxville and Hardin Valley.
Phase 2 sellingThe Haven at Hardin Valley by Turner Homes
Phase 2 homesites are now available, so buyers can still pick a lot and floor plan, and Phase 1 has a handful of quick move-in homes left.
Upscale new buildThe Foundry, Ironwood, and Vining Mill by Saddlebrook
The Foundry is a 27-home community set into a hillside on the quieter residential side of Hardin Valley, with mountain views. Ironwood is a 47-home low-maintenance community with homes commonly in the $800,000 range, and Vining Mill pairs popular Saddlebrook plans with a pool and playground.
Large single-familyLaurel Ridge, Hickory Creek, and Creekside Manor
The big Hardin Valley single-family communities that turned the valley from farmland into a modern suburb. Laurel Ridge and Hickory Creek are among the largest by lot count, and Creekside Manor by Ball Homes has continued building out. The Reserve at Hickory Creek sits close to Oak Ridge and the Turkey Creek shopping area.
Established plus new phasesCovered Bridge
A well-known community pairing established homes with new construction phases and resort-style amenities: creekside trails, a pool, clubhouse, activity fields, sidewalks, and streetlights.
Value optionTerra Vista by D.R. Horton
Surrounded by Hardin Valley, Oak Ridge, and Karns, Terra Vista offers open layouts with granite countertops at a lower price point than most of the valley.
BoutiqueHanley Hall, Lovell Cove, Broady Glen, and Everett Woods
Smaller West Knoxville enclaves. Hanley Hall features newer luxury homes on larger lots, Lovell Cove off Yarnell Road offers quality builds with a low HOA, Broady Glen is a recently completed upscale pocket, and Everett Woods brings craftsman-style two-story homes.
Insurance note for Hardin Valley: new homes here earn the largest new-home savings, but the dwelling limit still has to match rebuild cost. See insurance in 37932.
Karns (ZIP 37931)New Developments in Karns
Karns, northwest of Hardin Valley, has become the value alternative for West Knoxville buyers, with new homes and townhomes from the $300s into the $400s and quick access to Pellissippi Parkway and Oak Ridge.
Townhomes from the $300sAndes Hill by Turner Homes
An 80-homesite townhome community with open-concept plans from about 1,364 to 1,937 square feet, minutes from Ball Camp Elementary, Karns Middle, and Creekside Shopping Center. Turner Homes also has a second Karns townhome collection coming soon featuring its Lily plan.
From about $400,000Sparks Meadow and Winding Meadow by Worley Builders
Two active single-family communities from a local builder, each with 7 to 9 home plans starting around $400,000. The model home is at 3431 Sparks Scenic Way, with open houses on Sunday afternoons.
North Knoxville, Powell, and Halls (ZIPs 37849, 37918, 37938)New Developments in North Knoxville, Powell, and Halls
North Knox County is where the lowest new construction prices in the county are found. D.R. Horton has communities in Powell with homes starting near $240,000, and Smithbilt Homes, one of the area's largest and longest-running builders, builds across Halls, Powell, Gibbs, Fountain City, and Karns. D.R. Horton's Spring Lake Farms Townhomes on Bogart Lane offer two-story townhomes from about 1,381 to 1,554 square feet, and its Poplar Farms community on Poplar Farms Lane is slated to open in late fall 2026 with one- and two-story plans of roughly 1,459 to 2,361 square feet.
Insurance note: first-time buyers here often do best with a home and auto bundle from day one, and should read our first-time homebuyer insurance checklist.
South Knoxville and DowntownNew Developments in South Knoxville and Downtown
113 townhomesChapman Trace by Turner Homes
An upscale South Knoxville townhome community with 3-bedroom plans around 1,471 square feet with a one-car garage and larger 1,850-square-foot plans with a two-car garage, plus a pool, pavilion, and sidewalks. It sits about 20 minutes from downtown and the University of Tennessee.
New condosCity Summit, 515 Cafego Place
In April 2026 the City Summit project shifted from rental apartments to for-sale condos. When complete it will have 89 homes: studios starting just under $300,000, one-bedroom units from the upper $300,000s to the low $400,000s, and two-bedroom units from just under $600,000 to the mid $700,000s.
New condos200 Block of South Gay Street
New condominium buildings on the 200 block of South Gay Street, near Summit Hill Drive, were marketed as the first new construction in the heart of downtown in about 40 years, with some floors allowing short-term rentals.
In the pipelineWhat is coming to the riverfront and Old City
Most of the next wave downtown is rental housing. A six-story apartment building was proposed for the former JFG sign site at 315 Kerbela Avenue in South Knoxville, a seven-story mixed-use building with apartments cleared design review in February 2026 at 100 West Depot Avenue near the Old City, and KCDC is seeking developers for a 15-acre South Waterfront site that will anchor a planned $60 million pedestrian and bike bridge to the UT campus.
Insurance note for condos and short-term rentals: a condo needs an HO-6 policy, and a unit used as a short-term rental needs coverage written for that use. Renting downtown instead? See renters insurance in Knoxville.
Lenoir City and Loudon CountyNew Developments in Lenoir City and Loudon County
Lenoir City is where the area opens up on price. With roughly 10 builders across dozens of communities, new homes generally run from about $240,000 to $655,900 and range from around 1,100 to over 4,100 square feet, which suits first-time buyers, growing families, and downsizers alike. The Tellico Lake side of the county adds waterfront and golf living.
Gated golfAvalon
The high end of Lenoir City: a gated golf community with custom new construction, including all-brick homes over 5,000 square feet with course views.
Open-conceptThe Grove at Cedar Hill
A sought-after community with open-concept homes, trey ceilings, built-ins, gas fireplaces, and single-level and 1.5-story plans.
Family communitiesHaven Hill, Luna Ridge, and The Meadows at The Preserve
Newer communities actively delivering homes in the more attainable price bands, with plans that emphasize outdoor living and family-sized layouts.
2026 New Construction Price Guide by Area
| Area | Typical new construction price | Common home types | Main insurance watch-out |
|---|---|---|---|
| Farragut | Median near $799,000; custom well over $1M | Luxury single-family, townhomes | Rebuild cost on higher-value homes; HO-6 for many townhomes |
| Northshore and Fort Loudoun | Luxury, typically $800,000+ | Semi-custom single-family | Flood is separate; dock and boat coverage |
| Hardin Valley (37932) | Low $400s to $800,000+ | Single-family | Set the dwelling limit to rebuild cost, not price |
| Karns (37931) | $300s to $400s | Townhomes, single-family | Townhome policy form; bundle savings |
| North Knoxville, Powell, Halls | From about $240,000 | Single-family, townhomes | Starter-home bundle and liability limits |
| South Knoxville and downtown | Condos from just under $300,000; townhomes | Condos, townhomes | HO-6 coverage; short-term rental use |
| Lenoir City and Loudon County | About $240,000 to $655,900 | All types, plus golf and lake | Tellico-area flood and wind and hail deductibles |
Prices are builder-published starting points and 2026 market medians. They change often, so confirm with the builder.
Where to Find the Best Local Info on New Developments
Do not rely on a single source. These are the local resources experienced East Tennessee buyers use:
1. Town of Farragut Current Development Projects Map
Every residential and commercial project inside town limits, with lot counts, square footage, and status. townoffarragut.org/development
2. Knoxville-Knox County Planning
Monthly planning commission agendas and the Advance Knox land use map show what is approved and coming next across Knoxville and unincorporated Knox County, often before marketing begins. knoxplanning.org
3. Loudon County and City of Lenoir City
The county assessor and city planning office are the primary sources for new subdivisions on the Loudon County side. loudoncounty-tn.gov
4. Knoxville Area Association of REALTORS
MLS data, market reports, and agents who know new construction across Knox, Loudon, and Blount counties. kaarmls.com
5. Builder websites
Saddlebrook Properties, Goodall Homes, Ball Homes, Turner Homes, Worley Builders, D.R. Horton, and Smithbilt Homes publish floor plans, inventory, and incentives directly. Going direct often unlocks builder-preferred lender and title incentives.
6. Knox County Property Assessor
Lot size, recent sales, tax history, and ownership for any Knox County address. knoxcounty.org/property
How to Choose the Right New Home Development
- School zones. Verify the exact zoning before you buy, even inside a named community.
- HOA fees and rules. Some communities carry substantial fees and amenities; others, like Black Ridge Pointe, have none. The HOA documents also decide which insurance form you need.
- Builder reputation and warranty. Most builders provide a 1-year workmanship, 2-year systems, and 10-year structural warranty.
- Commute. Access to I-40, I-75, Pellissippi Parkway, Oak Ridge, and downtown matters more than it looks on a map.
- Lot and topography. East Tennessee has hills. Flat, usable lots command a premium, and hillside lots can change drainage and water-backup risk.
- Future development nearby. Check the planning maps above for what is coming next door.
- Base price versus upgrades. Clarify what the base price includes. Upgrades raise your rebuild cost, and your insurance should reflect them.
Why New Construction Homes Cost Less to Insure
A brand-new home is the least expensive home to insure, and the gap is larger than most buyers expect. Carriers price new homes lower because they come with:
- A brand-new roof, often the single biggest cost driver in homeowners insurance
- Modern wiring, which lowers fire risk
- New plumbing and water heaters, which lower water-damage risk
- New HVAC systems and current building-code compliance
- Smart-home features on many builds, such as monitored alarms and water leak sensors
Homes 11 or more years old are priced mainly on roof replacement year, HVAC age, and build style, so they need a personalized quote. For the full picture on coverage, see our guide to home insurance in Farragut and Knoxville.
Estimate Your PremiumFree, under a minute, no contact info neededEstimate your new home's insurance, then get closing-ready
See a ballpark annual premium in under a minute. When you are ready, request an official quote and we will confirm eligibility early and send proof of insurance straight to your lender and closing agent.
- Estimate hereFive quick questions, no contact info needed.
- Official quoteAbout 15 minutes by phone, text, or in person. We check eligibility and discounts up front.
- Proof for closingYour binder and evidence of insurance go to your lender and closing agent, effective on your closing date.
Near Fort Loudoun, Tellico, or a creek? Flood is never included in a homeowners policy, so we will price that separately.
This tool gives a rough estimate based on 2026 Knoxville-area benchmarks for typical homes. It is not a quote, an offer of coverage, or a guarantee of eligibility. Your actual premium depends on the property, claims history, credit-based insurance score where permitted, coverage choices, and underwriting approval. Your answers stay in your browser unless you choose to send a quote request.
How the Colin Karich Agency Delivers Strong Rates on New Homes
- New home pricing. The steepest savings go to brand-new builds, and I make sure your policy is written to capture them.
- New policy discount. Many carriers offer a starter discount for new clients that stacks with new-home pricing.
- Home and auto bundle. Combining home and auto typically saves 10 to 25 percent. See our bundling guide.
- Protective device credits. Smart-home features common in new builds often qualify for an additional reduction.
- Proper replacement cost. I set dwelling coverage to rebuild cost, not purchase price, so you are neither over nor under insured.
- Closing-ready proof. Your binder and evidence of insurance go straight to your lender and closing agent, effective on your closing date.
- Coverage built for East Tennessee. I tune wind and hail coverage to Knox and Loudon County storm patterns, add water-backup coverage, and set proper liability limits.
The New Home Insurance Checklist
- Contact your insurance agent as soon as you are under contract, ideally three to four weeks before closing
- Confirm dwelling coverage is based on rebuild cost, not purchase price
- Ask about new home, new buyer, and bundling discounts, and stack them
- Read the HOA master policy for any townhome or condo to choose between HO-3 and HO-6
- Add water backup coverage, which is inexpensive and worth it
- Raise personal liability to $300,000 or more
- Check the flood zone, and see our flood insurance guide if you are near the lake or a creek
- Get proof of insurance to your lender at least five business days before closing
- Keep your builder's warranty documents separate from your insurance policy
- Schedule a one-year coverage review after closing
Common Questions About New Home Developments in Knoxville and Farragut
What are the newest home developments in Farragut, TN?
Active 2026 Farragut communities include the Town Center at Biddle Farms (a 43.63-acre mixed-use project with Anchor 934 apartments and for-sale townhomes by Saddlebrook Properties), The Grove at Boyd Station and The Grove Towns across from McFee Park, Grigsby Park townhomes, Ivey Farms by Goodall Homes (single-family from the mid $600s), Stonemeade and Meadows on McFee by Saddlebrook, The Farm at Willow Creek for custom luxury homes, and Black Ridge Pointe near Turkey Creek.
What new subdivisions are being built in Hardin Valley and West Knoxville?
Hardin Valley (ZIP 37932) remains the busiest new construction area in Knox County. Active or recent communities include Hickory View by Ball Homes (74 lots, plans starting near $406,000), The Haven at Hardin Valley by Turner Homes (Phase 2 now selling), The Foundry at Hardin Valley and Ironwood by Saddlebrook, Vining Mill, Laurel Ridge, Hickory Creek, Creekside Manor, Covered Bridge, and Terra Vista by D.R. Horton. Near Fort Loudoun Lake, Holder Branch by Saddlebrook is a 17-homesite luxury community off Northshore Drive.
Where can I find new construction under $450,000 in Knoxville?
Karns, Powell, North Knoxville, and South Knoxville hold most of the attainable new construction in Knox County. Options include Andes Hill townhomes in Karns by Turner Homes (from the $300s), Sparks Meadow and Winding Meadow in Karns by Worley Builders (from about $400,000), D.R. Horton communities in Powell starting near $240,000, Chapman Trace townhomes in South Knoxville by Turner Homes, and Smithbilt Homes communities in Halls, Powell, Gibbs, and Karns. Lenoir City in Loudon County also offers new homes from about $240,000.
Are there new condos for sale in downtown Knoxville?
Yes. City Summit at 515 Cafego Place shifted from apartments to for-sale condos in April 2026, with 89 homes ranging from studios just under $300,000 to two-bedroom units in the mid $700,000s. New condominium buildings on the 200 block of South Gay Street were billed as the first new construction in the downtown core in about 40 years. Condo owners typically need an HO-6 policy for the interior, belongings, and liability.
How much does it cost to insure a new construction home in Knoxville or Farragut?
New construction is the least expensive home to insure because of its new roof, wiring, plumbing, and HVAC. Your premium depends mainly on rebuild cost, deductible, and whether you bundle with auto. Our free estimator gives a ballpark range for new homes and homes up to 10 years old in under a minute. Homes 11 or more years old need a personalized quote based on roof replacement year, HVAC age, and build style. Estimate your premium.
Can I get proof of homeowners insurance for my closing quickly?
Yes. After a roughly 15-minute quote, we confirm eligibility up front and send the insurance binder and evidence of insurance directly to your lender and closing agent, with the policy effective on your closing date. Lenders require this proof before they fund the loan.
When should I get insurance on a new construction home?
Start as soon as you are under contract, ideally three to four weeks before closing, and have proof of insurance to your lender at least five business days before closing. For a home still under construction, talk with your agent during the build so coverage, discounts, and the effective date are set before the builder hands over the keys.
Do I need different insurance for a townhome or condo versus a single-family new build?
Usually. When an HOA master policy covers the exterior and shared areas, as in many townhome and condo communities, you need an HO-6 policy for the interior, your belongings, and liability. Fee-simple townhomes where you own the structure and lot typically use an HO-3 like a single-family home. The HOA documents decide which one fits.
Why Local Matters When Insuring a New East Tennessee Home
Buying new construction in Farragut, Hardin Valley, Karns, or Lenoir City is not the same as buying in Nashville, Atlanta, or Dallas. East Tennessee has its own risks, from hail season and percentage wind and hail deductibles to lake-area flood exposure and HOA master policies that vary community by community. Out-of-state call centers rarely price those correctly.
At the Colin Karich Agency on Kingston Pike, I help families across Farragut, West Knoxville, Hardin Valley, Karns, Maryville, Tellico Village, Lenoir City, and the surrounding communities insure new builds for less while making sure the coverage fits East Tennessee life. I have lived in Farragut for 40 years, I know these developments, and I explain everything in plain language before you sign.
Buying a new home in Knoxville or Farragut?
Let's lock in strong coverage at a strong rate and get your proof of insurance to your lender before closing. Free quote, no obligation.
Figures in this article are typical ranges, builder-published starting prices, and 2026 regional benchmarks for informational purposes, not quotes, appraisals, or guarantees. Insurance estimates are not offers of coverage; actual premiums depend on the property, claims history, coverage choices, and underwriting approval. Community details and pricing change often, so verify current status with the builder or the local planning office.