BJ Can Help You Purchase This Home

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

566 Island View Drive, Friendsville, 37737

Priced At: $2,499,900

Property Details for ID: 1332504



SqFt: 5,722
Price SqFt: $437
Total Bedrooms: 5
Full Baths: 6 / Half Baths: 2
MLS Status: Pending - Continue to Show - Inspection
Property Type: Residential
On Market Date: 2026-03-13T11:04:38Z
Subdivision: Watershaw

Public Remarks: Welcome to an extraordinary lakefront estate at 566 Island View Drive in Friendsville, where luxury, privacy, and the natural beauty of East Tennessee come together on 5.36 breathtaking acres along Fort Loudoun Lake. With over 220 feet of level lake frontage and exceptional indoor and outdoor living spaces in two buildings, this remarkable property offers a rare opportunity to own a private waterfront retreat designed for both refined everyday living and unforgettable entertaining. The main residence offers more than 4,700 square feet of thoughtfully designed living space, completely remodeled in 2011 by the renowned local architect Bill Andrews, featuring 5 spacious bedrooms, 5 full bathrooms, and 2 half baths. From the moment you arrive, the home welcomes you with warmth and timeless appeal. Rich hardwood flooring flows throughout the main level, while expansive windows frame stunning lake views and fill the home with natural light. At the center of the home is the inviting living room, highlighted by a striking wood-burning stone fireplace that creates a warm and elegant focal point. This space was designed for gathering, whether hosting friends and family or enjoying a quiet evening while taking in the peaceful lake setting. The kitchen is both beautiful and highly functional, featuring high-end granite countertops, abundant cabinetry, and generous countertop space ideal for cooking, entertaining, and everyday use. Just off the kitchen is a separate breakfast room overlooking the lake, creating a perfect space to serve meals while enjoying the water views. A formal dining room near the front entrance provides an elegant setting for hosting holiday meals and special occasions. From the kitchen, the home flows seamlessly into its outdoor living areas. Step onto the covered porch with a vaulted ceiling equipped with a gas hookup for a grill, ideal for outdoor cooking and gatherings. This space continues into a large screened-in deck, offering a peaceful place to relax and enjoy cool lake breezes and panoramic waterfront views. The primary suite on the main level provides a spacious and comfortable retreat. The well-appointed primary bathroom features dual sinks, extensive cabinetry, a makeup counter, a jetted soaking tub, and a tiled walk-in shower with a rain shower head, creating a spa-like atmosphere designed for relaxation and convenience. One of the most remarkable features of this home is that all five bedrooms enjoy beautiful views of Fort Loudoun Lake, allowing both residents and guests to wake up each morning to the tranquil beauty of the water. The home was carefully positioned to maximize its incredible lakefront setting from nearly every angle by Bill Andrews. The lower level of the home provides an outstanding space for entertaining and recreation. The finished basement includes a large den area perfect for hosting gatherings, movie nights, or game-day events, creating an ideal secondary living space for family and guests. This level also features two additional bedrooms, a private office, and 2.5 bathrooms, providing excellent accommodations for visitors, extended family, or multi-generational living while maintaining privacy from the main living areas. The home is equipped with geothermal heating, providing efficient and reliable warmth during cooler months. The property also benefits from two water sources:public water and a private well, along with an irrigation system that services the yard and flower beds, helping maintain the beautifully landscaped grounds. Adding tremendous versatility to the estate is the second building, built in 2014, which offers more than 1,000 square feet of finished space. This structure features a large fitness center with stunning lake views, a full bathroom, workshop space, a conditioned storage room, a two-car carport, and a one-car garage. It provides the perfect space for a private gym, guest retreat, studio, hobby area, or future guest residence.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Basement Ranch
Site Built: Yes
Year Built: 1989
Total Rooms: 14
SqFt (Total): 5,722
SqFt (Main Lvl): 2,656
SqFt (Down Lvl): 3,066
Full Baths: 6
1/2 Baths: 2
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Walkout

  Exterior Features

Features: Deck, Dock, Irrigation System, Patio, Porch - Covered, Porch - Enclosed, Porch - Screened, Prof Landscaped, Windows - Insulated, Windows - Wood
Construction: Frame, Other
Siding: Wood

  Appliances

Dishwasher, Disposal, Dryer, Gas Cooktop, Intercom, Microwave, Range, Refrigerator, Security Alarm, Self Cleaning Oven, Smoke Detector, Trash Compactor, Washer

  Room Dimensions

  Interior Features

Dining Area: Breakfast Bar, Breakfast Room, Formal Dining Area
Floors: Carpet, Hardwood, Tile
Other Rooms: 2nd Rec Room, Addl Living Quarter, Basement Rec Room, Bedroom Main Level, Breakfast Room, DenStudy, Extra Storage, Family Room, LaundryUtility, Mstr Bdrm Main Level, Office, Split Bedroom, Workshop
Misc Features: Cathedral Ceiling, Internet Available, Island in Kitchen, Pantry, Walk-in Shower, Walk-in Closets, WasherDryer Connect, Wet Bar, Whirlpool Tub

  Property Details

Acreages: 5.36
Lot Description: Cul-De-Sac, Irregular Lot, Level, Private, Rolling Slope, Lakefront, Wooded
View: Country Setting, Lake, Lakefront, Mountain View, Wooded

Utilities

Fuel Types: Electric, Propane

Financing

Finance Options: Cash, Conventional

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 1
Fireplace Type(s): Masonry, Stone, Wood Burning
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Baseboard, Ceiling, Central, Geo Heat (Closed Lp), Heat Pump

Garage / Parking

Garage Spaces, Carport Spaces, Attached, Basement, Detached, Garage Door Opener, Garage Faces Side, RV Parking

  Community Features

Architect Restricted

Outbuildings

Guest House

Presented By: / Blevins Grp, Realty Executives

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Maryville 321 toward Lenoir City, Right on East Main Ave, Right on Farnum Street, Left on West Hill Ave, to Right on Disco Loop Rd, Right on Watershaw , right on Island View Dr, TO left at 566 Island View Dr. From Lenoir City 321 toward Maryville take a left on Unitia Rd, take a left on Disco Loop Rd, Right on Watershaw, Right on Island View to left at 566 Island View Dr.



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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

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