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Knoxville s most recognizable and largest home, Villa Collina, is one of those pending sales. The mansion and 8-acre property located on Lyons View Pike is listed for $7.9 million.  The 36,000-square-foot residence includes 50 rooms with highlights like the grotto wine cellar, home spa, three-story library and six-car garage. It was initially listed by owner Resolution Systems LLC in October for $9.75 million. The mega mansion was built in 2000 by Mike and Deane Conley, former owners of heavy equipment company Regal Corp.  Contract signings, considered a barometer of purchases that will take place in the next one to two months, are 13.1% ahead of where they were one year ago with the country in the throes of the coronavirus outbreak. It’s just the second month-over-month increase so far in 2021 but potentially foretells a strong finish to the summer season.

Lyons viewUnited statesKnox countyMatt ottVilla collinaLawrence yunDeane conleyCommerce departmentRegal corpNational association of realtorAssociated pressResolution systemsKnoxville area association of realtorsNational associationKnoxville area associationLyons view pike