08/11/2025
We are delighted to share some wonderful news.
Since 2011, the CVNA Board has sought to see the privately owned and held Butterfly Lake acreage donated to Legacy Parks and the City of Knoxville.
A year ago, we became excited because Vice-Mayor and District One representative Tommy Smith had been working with the deceased owners' family member and it seemed as though it was finally going to happen. Then in March, those plans fell through, and we had no idea what the fate of the property would be. CVNA did send the family a letter, apprising them that the lake acreage was unbuildable since it was not only a sinkhole but the watershed for the 50 contiguous acres that surrounds it.
Sometime around June 20, a For Sale sign appeared at the 106 Colonial Road property. Something I had anticipated and feared since about 2020, given the age of the property owners. So, I had reached out and talked with a couple of realtors I knew to see if they had any interest in buying the property and donating the lake acreage should it come on the market. One of these realtors happened to serve on the CVNA board. So, I sprang into action, immediately notifying Tommy Smith. Then Carol Evans of Legacy Parks came into the mix.
It was a tense couple of weeks filled with whispers, texts, and phone calls, until we learned there was a contract on the house. So, now we had to hold our breath until the closing, with Tommy texting, "If this works, this would make me happier than anything during my time on Council." I said, "For me as well."
Now that the property has closed and everything is official, we're delighted to share that our board member Mark Gibbs bought the property. The result being that the lake acreage will be donated to Legacy Parks, and neighborhood residents will have some input in preserving and enhancing this ailing watershed for the betterment of our community. Mark plans to renovate the existing house, subdivide the remainder of the property and build a new house for our neighborhood.
We thank you, Mark, for being a great neighbor and helping preserve a beloved Colonial Village landmark.