Neighborhood of the Week: Gettysvue

So far Neighborhood of the Week has only focused on older, historic Knoxville neighborhoods, but it's time to see how the other half lives. This week, I'm going to do a 180 and look at a community of newer, bigger, and more expensive, homes: Gettysvue. I think it would be fair to say that Gettysvue is more than a residential community - it's a lifestyle.

A country club community, Gettysvue includes an 18 hole golf course; polo facilities; two swimming pools and it's own swim team; tennis courts complete with tennis pro; a clubhouse with fitness center and restaurant; various children's camps; and numerous social events throughout the year.

A lot or home purchase in Gettysvue gets you an automatic social country club membership, but golf memberships, though varied, are extra. You can learn more about country club amenities and memberships at the Gettysvue Country Club website.

And while there are condos in Gettysvue, I'm only going to be looking at the houses, and then only on the Polo and Golf side, not the Racquet Club side. With that said, here's Gettysvue by the numbers-


Gettysvue*

Current On-Market Listings - 16
Average Asking Price: $1,346,225
Median Asking Price: $1,294,500
Most Expensive: $2,295,000 (5 BR, 6 1/2 BA, 10,000+ sq ft custom built home with 8 fireplaces)
Least Expensive: $748,500 (4 BR, 4 BA, approx 3700 sq ft, overlooking 11th green)

Current Pending Sales -1
Average Asking Price: $987,500
Median Asking Price: NA

Closed Sales - Q1 2007 - 3
Average Asking Price - $1,004,933
Average Sales Price - $947,700
Median Sales Price - $890,000
Average Days on Market - 142

Closed Sales - Q1 2008 - 3
Average Asking Price - $1,015,667
Average Sales Price - $930,333
Median Sales Price - $1,055,000
Average Days on Market - 150

*Data taken from KAARMLS on 5/12/08 does not include adjacent subdivisions, condos, PUDS, or multi-family units.

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

Think your neck of the woods is Neighborhood of the Week material? Let me know and you might just see it here next week.