The new owners of Pat Summitt's sprawling Blount County waterside house should be able to take over in October, according to the Knoxville realtor who handled the sale.
Sharon Bailey of Realty Executives Associates told 10News on Friday a "local family" has purchased the house at 3720 River Trace Lane for the $1.225 million asking price. The sale took place soon after it was offered this summer, she said.
Summitt, the legendary University of Tennessee coach who led the Lady Vols basketball team to eight national championships during a nearly 40-year career, died June 28 after battling early onset Alzheimer's for about five years.
She left the home and her belongings to her only child, Tyler Summitt.
The 5,300-square-foot house east of Alcoa Highway was offered along with a swimming pool and a 1,500-square-foot poolhouse and "bunkhouse" where many players would stay when they came to visit Summitt.
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Summitt used the house for socializing and fundraisers as well as for her personal residence. Tyler Summitt grew up there.
While Bailey wouldn't identify the new owners, she said they'd coincidentally attended the same church as Summitt.
Bailey thinks Summitt would approve of the sale.
"One thing I think that she would truly be thrilled about is this family that bought it," she said.
The new owners didn't necessarily buy it because of its connection to the coach, Bailey said. They wanted to be on the water and they liked the location near the airport.
Tyler Summitt has been living on the property in recent months and is now preparing to hand off the house to the new owners. He is also studying for a graduate degree in business administration at UT.