Neighborhood of the Week: Holston Hills

So far, NOTW has showcased Sequoyah Hills and Lakemoor Hills. In keeping with the "Hills" theme (no connection to Heidi or Spencer, I promise), this week's neighborhood of the week is the east side "Hills" neighborhood, Holston Hills.

The Knox Heritage website has some nice info on the history of Holston Hills:

One of the best-kept secrets in Knoxville, Holston Hills is named for the river that borders the neighborhood on the south and east . . . Holston Hills dates from the mid-1920s, when part of the neighborhood was developed in connection with the establishment of the Holston Hills Country Club. A group of Knoxville area businessmen who wanted Knoxville to have a top-caliber golf course formed a corporation called Holston Hills, Inc. in 1926 and purchased the 180-acre McDonald farm along the Holston River. The Country Club was built and memberships to the club cost $1,000, including a free home site. The club house was designed by Knoxville architect Charles Barber of Barber & McMurry in 1927 and the golf course was designed and laid out by Donald Ross in 1928. Ross is regarded as among the finest golf course architects in the world.

Many opulent homes were built during the 1920s, but following the stock market crash of 1929 smaller cottage-style homes were built, many of stone and brick. The depression and World War II stopped further housing development, but in the post-war housing boom a number of ranch-style homes were built around the traditional 2-story stone and brick homes of the original development. Holston Hills was included in a major annexation into the city of Knoxville in 1962, which took 12,871 residents.

Take a look at the Knox Heritage website, which includes the full brochure from the '05 Trolley Tour of Holston Hills, from which the above information was taken. The brochure has more detailed information on individual homes in Holston Hills, and could easily be used to recreate that tour in your own vehicle one fine spring afternoon.

Holston Hills*

Current On-Market Listings - 16
Average Asking Price: $201,600
Median Asking Price: $182,400
Average Square Footage: 2333
Most Expensive Listing: $359,900 (3 BR, 3 BA, approx 3300 sq ft)
Least Expensive Listing: $109,900 (3 BR, 1 BA, approx 1900 sq ft)

Current Pending Sales -2
Average Asking Price - $173,500
Median Asking Price - NA

Closed Sales - March 2007 - 5
Average Sales Price - $198,300
Median Sales Price - $161,500
Average Days on Market - 95

Closed Sales - February 2008 - 4
Average Sales Price - $135,425
Median Sales Price - $134,400
Average Days on Market - 105

*Data taken from KAARMLS on 3/31/08 for Holston Hills proper, and does not include adjacent subdivisions, condos or PUDS.

I will update the closings for '08 if any more latecomers get entered in this evening or tomorrow.

If you want any more information about any of these properties, just give me a shout.

I'm almost out of "Hills." What neighborhood would you like to see here next week?