New Home Developments in Knoxville & Farragut, TN: Your 2026 Buyer's Guide
Why East Tennessee is Booming with New Home Construction
If you're shopping for a new home in Knoxville, Farragut, or anywhere across East Tennessee, you've picked a great time to look. The region is experiencing strong residential development driven by:
- Highly-rated public schools (especially in Farragut)
- 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
- Strong job market and lower cost of living than many metros
- 58.5% of Farragut residents hold a Bachelor's degree or higher — twice the Tennessee average
The result: new neighborhoods, townhome communities, and mixed-use developments are popping up across Knox, Blount, and Loudon Counties.
The Most Active New Home Developments in Farragut & Knoxville (2026)
Here's a look at the developments East Tennessee buyers are talking about right now:
🏘️ Town Center at Biddle Farms
MIXED-USE The biggest project in Farragut right now. Located at Kingston Pike and Brooklawn Street across from Farragut High School, this 43.63-acre development includes 286 luxury apartments, 44 townhomes, and over 60,000 sq ft of retail and dining. Tenants already open or coming soon include Super Chix, Parlor Donuts, Chase Bank, Tupelo Honey, and SWTHZ wellness studio. Walkable "Main Street" layout with a public Town Green for community events.
🏡 The Grove at Boyd Station
TOWNHOMES & SINGLE FAMILY Located across from McFee Park in Farragut, this luxury community features brick-exterior townhomes with master-on-main floor plans, 10-ft main-floor ceilings, hardwood flooring, and a community amenities center with pool and pavilions (opening April 2026). Single-family options also available, including the spacious 4BR/3.5BA Riverside floor plan.
🏘️ Grigsby Park
NEW TOWNHOMES Farragut's newest townhome community featuring all-masonry exterior units with master-on-main layouts, hardwood and tile floors, island kitchens with stainless appliances, sidewalks, swimming pool, pavilion, and irrigated units.
🏞️ The Farm at Willow Creek
CUSTOM LUXURY One of Farragut's most prestigious communities. Build-to-suit custom luxury homes on premium lots with high-end architectural standards and manicured streetscapes. Limited inventory — typically multi-million-dollar builds.
🏠 Black Ridge Pointe
NEW CONSTRUCTION Located in Knox County with Farragut convenience — one mile from Turkey Creek and I-40/75 with no HOA. Custom new construction homes with floor plans like the "Nichole" featuring 2,949 sq ft, 10-ft ceilings, 8-ft doors, and Pella aluminum-clad windows.
🌳 Goodall Homes — Farragut Community
FROM THE $600s Single-family homes starting in the $600s with 3-5 bedrooms ranging 2,269-3,456 square feet. One of the most active builders in the area.
🌲 Everett Woods (Knoxville)
SINGLE FAMILY A desirable Knoxville community featuring elegant two-story homes with 4 bedrooms, 3.5 bathrooms, spacious lofts, and 2,600+ sq ft of luxury living space with premium finishes.
Where to Find the Best Local Info on New Home Developments
Don't rely on just one source. Here are the local resources savvy East Tennessee buyers actually use:
1. Town of Farragut Interactive Development Map
The single best resource for Farragut residents. The town launched this map in 2026 showing every current residential and commercial development inside town limits, with details like number of lots, square footage, and project status.
2. Knoxville Area Association of REALTORS (KAAR)
Comprehensive MLS data, local market reports, and a directory of local real estate professionals familiar with new construction.
3. Builder Websites Direct
Big builders like Goodall Homes, D.R. Horton, and local custom builders publish floor plans, pricing, available inventory, and incentive programs directly on their sites. You'll often get builder-preferred lender and title incentives by going direct.
4. Knoxville News Sentinel — Real Estate & Business Sections
Tracks zoning changes, new development announcements, and major commercial projects across Knox County before they show up on listing sites.
5. Knox County Property Assessor
Search any address to see lot size, recent sales, tax history, and ownership data. Invaluable for comparing similar homes in nearby developments.
6. Town of Farragut Planning & Zoning
For approved-but-not-yet-built developments, the Planning Commission and Municipal Planning Commission agendas show what's coming next — sometimes months before public marketing begins.
7. Local Real Estate Agents Who Specialize in New Construction
A good buyer's agent who specializes in new construction can negotiate builder upgrades, identify which builders honor warranties best, and steer you toward developments matching your priorities — often at no cost to you.
How to Choose the Right New Home Development
Beyond price and square footage, smart buyers in Farragut and Knoxville weigh these factors:
- School zones — Farragut schools rank among Tennessee's best; verify exact zoning before buying
- HOA fees and rules — some Farragut communities have substantial fees; others have none (Black Ridge Pointe, for example)
- Builder reputation and warranty — most builders provide a 1-year workmanship, 2-year systems, and 10-year structural warranty
- Commute to Knoxville, Oak Ridge, or downtown — proximity to I-40/I-75 matters
- Lot orientation and topography — East Tennessee has hills; flat lots command a premium
- Resale potential — Farragut homes typically sell in 43-60 days, well below the national average
- Future development nearby — check the Town of Farragut development map for what's coming next door
- Builder upgrades vs. extras — clarify what's included in the base price vs. optional
Why New Construction Homes Cost Less to Insure
Here's news many first-time new-home buyers don't realize: insurance on a brand-new home is typically 10–25% cheaper than on an older home.
That's because new builds come with:
- Modern wiring (lower fire risk)
- New plumbing (lower water-damage risk)
- Brand-new roof (often the single biggest cost driver in homeowners insurance)
- Updated HVAC and water heater systems
- Current building-code compliance
- Many also include smart-home tech (monitored alarms, water leak sensors)
Insurance carriers reward all of this with significant discounts — but only if your policy is structured correctly from day one.
How Colin Karich Agency Delivers Outstanding Rates on New Homes
Buying a new home in Farragut or Knoxville? Here's exactly how I help clients save money while getting better coverage:
- New Home Discount — Most carriers apply a discount for homes 10 years old or newer, with the steepest discounts on brand-new builds. I make sure this gets applied automatically.
- New Policy Discount — Many carriers offer a starter discount for new clients, often stackable with the new home discount.
- Home + Auto Bundle — Combining your homeowners and auto insurance typically saves 10–25%. This is the single biggest lever most buyers overlook.
- Protective Device Discounts — Smart-home features common in new builds (monitored alarms, smoke detectors, water leak sensors) often qualify for an additional 5–10% off.
- Claims-Free Discount — First-time buyers with no claim history often qualify for a clean-record reduction.
- Proper Replacement Cost Calculation — I make sure your dwelling coverage matches the home's actual rebuild cost (not the purchase price), so you're never over- or under-insured.
- Coverage Built for East Tennessee — I add wind/hail coverage tuned to Knox County storm patterns, water-backup riders, and proper liability limits for new-build neighborhoods.
The New Home Insurance Checklist
Before you close on your new build, use this checklist:
- Get insurance quotes 2–4 weeks before closing
- Confirm replacement cost, not purchase price, for dwelling coverage
- Ask about new home, new buyer, and bundling discounts (stack them)
- Add water backup coverage ($50–$100/year, worth it)
- Raise personal liability to $300,000+
- Check if the development is in a flood zone — many newer Farragut developments are not, but verify
- Provide proof of insurance to your lender at least 5 business days before closing
- Document your builder's workmanship/structural warranty separately from your insurance
- Schedule a 1-year coverage review after closing
Common Questions About New Home Developments in East Tennessee
What are the best new home developments in Farragut, TN?
The most active 2026 developments include The Grove at Boyd Station (luxury townhomes), Grigsby Park (new townhome community), The Farm at Willow Creek (custom luxury), Black Ridge Pointe (no HOA, Knox County), and the Town Center at Biddle Farms (the largest mixed-use project in town with 286 apartments, 44 townhomes, and 60,000 sq ft of retail).
Where can I find a list of all current development projects in Farragut?
The Town of Farragut maintains an Interactive Current Development Projects Map at townoffarragut.org/development showing all current residential and commercial construction inside town limits.
How much do new construction homes in Farragut cost?
As of 2026, the median listing price for new construction in Farragut is around $799,000. Builder communities like Goodall Homes start in the $600s with 3-5 bedrooms. Custom luxury homes in communities like The Farm at Willow Creek often exceed $1 million.
Is insurance cheaper on new construction homes?
Yes. New construction homes typically qualify for 10-25% lower homeowners insurance rates because of modern wiring, plumbing, roofing, and HVAC. Combined with new-buyer and bundling discounts, savings can be substantial — but only if your policy is structured correctly. A local agent can stack the discounts that big call centers often miss.
When should I get insurance on a new construction home?
Get quotes 2-4 weeks before your closing date. Your mortgage lender requires proof of insurance — with the closing date as the effective date — before funding. For pre-construction homes, work with your insurance agent during the build to lock in rates and ensure proper coverage from day one.
Do I need different insurance for a townhome vs. a single-family new build?
Yes. Townhomes (like those at The Grove at Boyd Station or Grigsby Park) use an HO-6 or modified HO-3 policy because the HOA's master policy typically covers exterior structure and shared areas, while your policy covers the interior, contents, and liability. Single-family homes use a standard HO-3 policy. I'll make sure your coverage matches your specific community's structure.
Why Local Matters When Insuring a New East Tennessee Home
Buying new construction in Farragut isn't the same as buying new construction in Nashville, Atlanta, or Dallas. East Tennessee has specific risks — hail season, storm patterns, lake-area considerations, Knox County property dynamics — that out-of-state call centers simply don't price correctly.
At Colin Karich Agency on Kingston Pike, I've helped families across Farragut, West Knoxville, Hardin Valley, Maryville, Tellico Village, Lenoir City, and the surrounding communities insure their new builds for less while making sure the coverage actually fits East Tennessee life. I live here. I know the developments. And I'll explain everything in plain language before you sign anything.
Buying a New Home in Knoxville or Farragut?
Let's lock in outstanding coverage at outstanding rates — before you close. Free quote, no obligation, no runaround.
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