An Extraordinary $9.95 Million Tennessee Residence Framed by Sweeping Water Views

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In the gated waterfront peninsula of Arcadia, 10628 Albion Way emerges as one of the most architecturally significant offerings currently available in Knoxville Real Estate. Priced at $9,950,000, the five-bedroom, eight-bathroom residence spans 7,587 square feet across 2.14 lakefront acres, delivering a refined blend of poured concrete construction, natural materials, and panoramic water views.

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Completed in 2023, the estate reflects the growing sophistication of Tennessee Real Estate, where buyers are increasingly seeking custom design, privacy, and tax-friendly living without sacrificing access to culture and commerce.

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Architectural Vision by Keith Summerour

Designed by acclaimed architect Keith Summerour, 10628 Albion Way was conceived to feel inseparable from its surroundings. Clean horizontal lines echo the gentle contours of East Tennessee’s rolling hills, while ACM exterior panels and expansive glazing create a modern silhouette against the lake.

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Inside, Arcadia steel-and-glass entry doors reveal custom ornamental steel stairs capped with white oak. A dramatic wall of Vitrosca sliding doors opens the main living area entirely to the outdoors, framing uninterrupted waterfront vistas. Moroccan stone tile, custom wall plaster, and curated lighting selections soften the architectural geometry, ensuring warmth within the modern aesthetic.

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“Keith’s design philosophy is about harmony with the terrain,” Lucas Haun of Keller Williams Signature told Luxury Houses Magazine. “At 10628 Albion Way, every sightline was calculated to capture the water while preserving privacy.”

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SEE MORE: In Tennessee, a Distinguished Residence Stands at the Pinnacle of Luxury and Craftsmanship at $4.225 Million

Elevated Interiors and Effortless Entertaining

The heart of 10628 Albion Way is an expansive living and kitchen space tailored for both intimate evenings and large-scale entertaining. Concrete countertops anchor the chef’s kitchen, complemented by a gas cooktop, double ovens, Dacor appliances, and an oversized island. A custom art lift above the fireplace allows the focal point to transition seamlessly between fine art and flame.

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The primary suite functions as a private sanctuary, positioned to capture early-morning reflections off the lake. Heated floors, dual vanities, illuminated walk-in closets, and a soaking tub oriented toward the night sky elevate the experience beyond the expected. Four additional ensuite bedrooms upstairs offer generous proportions and refined finishes, while the lower level introduces a media lounge, guest accommodations, and recreation space.

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Shelley Dye of Schaad Residential Real Estate noted to Luxury Houses, “Buyers relocating from larger metropolitan markets are consistently impressed by the craftsmanship here. This home delivers architectural pedigree and livability in equal measure.”

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SEE MORE: European-Inspired Tennessee Estate With a Dramatic Turret-Style Tower Asks $2.5 Million

Private Arcadia Retreat With World-Class Outdoor Living

Outdoor living is central to the identity of 10628 Albion Way. A tiered backyard leads to a knife-edge coping pool that doubles as a sculptural water feature in cooler months. A spacious covered patio with a custom fireplace allows for year-round entertaining, whether hosting summer gatherings or quiet autumn evenings overlooking the lake.

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Arcadia itself has become a coveted address within Knoxville Real Estate. The gated community offers security, manicured landscaping, and immediate lake access, while remaining minutes from upscale shopping and dining at Turkey Creek. Downtown Knoxville, McGhee Tyson Airport, and regional golf clubs are all within convenient reach, enhancing the property’s appeal for both primary residents and second-home buyers.

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“Arcadia represents a rare blend of exclusivity and accessibility,” Haun added in a separate conversation with Luxury Houses Magazine. “It’s private, waterfront living, yet you’re never far from Knoxville’s best amenities.”

SEE MORE: Tennessee Private Estate Reimagined for Luxury Living Lists for $3.499M

Transaction History and Market Context

Public records show the parcel underlying 10628 Albion Way last sold in August 2019 for $1.2 million prior to the construction of the current residence. Listed in July 2025 at $9.95 million, the completed estate reflects substantial investment in architecture, materials, and site development. With a tax-assessed value of $4,598,700 and annual taxes of approximately $17,866, the property stands among the upper tier of Tennessee Real Estate offerings.

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At roughly $1,311 per square foot, the pricing aligns with the most exclusive segment of Knoxville Real Estate, yet remains comparatively compelling when measured against luxury waterfront markets nationwide.

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For additional details, readers can view the listing on Zillow or visit the official website of Keller Williams Signature for further information.

* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*

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