255 S Gay St 204, Knoxville, TN 37902
$507,500
Property Type:
Single Family
Bedrooms:
1
Square Footage:
691
Lot Size (sq. ft.):
26,572
Status:
Pending
Current Price:
$507,500
List Date:
6/24/2025
Last Modified:
10/08/2025
Description
PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Spacious 1 bed/1 bath with an open kitchen to living room that leads you out onto the FULL BALCONY overlooking Gay Street. A rare opportunity to have a balcony sitting 3 stories up from Gay Street -- The perfect spot to enjoy downtown events and parades. Short term rentals ALLOWED! Short term rentals are only permitted on floors 2 & 3 of the West building and the top floor of the East building. New Construction so property taxes to be estimated by Buyer. No showings at this time as it is a current construction site. Summit Hill Drive Building is estimated to be completed in November 2025, 255 S. Gay Street building is estimated to be completed in February 2026. Please check document section as this contains HOA information, additional disclosures, finish schedule and general information about the project.
More Information MLS# 1305918
Contract Info
Auction Y/N: No
Listing Price: 507500
Current Price: $507,500
Status: Pending
Listing Date: 2025-06-24
Location, Tax & Legal Info
Unit #: 204
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 0
General Property Description
Type: Other
# Bedrooms: 1
Acres: 0.61
Acre Source: Tax Records
# of Rooms: 3
Restrictions: No
Site Built: Yes
Fireplace: No
HOA Contact: Mary Katherine Wormsley
Property Status: N/A
SqFt - Main Lvl: 691
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Basement: No
Bonus Room: No
Extra Storage: No
SqFt - Total (Aprox): 691
Baths - Full: 1
Year Built: 2025
Remarks & Misc
Directions: This property is located on the corner of Summit Hill and S Gay Street.
Public Remarks: PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Spacious 1 bed/1 bath with an open kitchen to living room that leads you out onto the FULL BALCONY overlooking Gay Street. A rare opportunity to have a balcony sitting 3 stories up from Gay Street -- The perfect spot to enjoy downtown events and parades. Short term rentals ALLOWED! Short term rentals are only permitted on floors 2 & 3 of the West building and the top floor of the East building. New Construction so property taxes to be estimated by Buyer. No showings at this time as it is a current construction site. Summit Hill Drive Building is estimated to be completed in November 2025, 255 S. Gay Street building is estimated to be completed in February 2026. Please check document section as this contains HOA information, additional disclosures, finish schedule and general information about the project.
Atchd/Dtchd Type
Attached: 1
Style
Other: 1
Construction
Steel: 1
Siding
Brick: 1
Fireplace
None: 1
Cooling
Central Cooling: 1
Floors
Vinyl: 1
Garage/Parking
Off-Street Parking: 1
Other: 1
Basement
None: 1
Lot Description
Corner Lot: 1
Fuel
Electric: 1
View
City: 1
Heat
Central: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Exterior Features
Balcony: 1
Misc Features
Washer/Dryer Connect: 1
Wired for Internet: 1
Sewer
Public Sewer: 1
Water
Public: 1
New Financing
Cash: 1
Conventional: 1
Other: 1
Location Tax Legal Info
House #: 255
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 094LD005
Subdivision: Lone Tree Pass
Geo Lat: 35.967535
Geo Lon: -83.920037
Status Change Info
Status Change Date: 2025-10-08
Under Contract Date: 2025-06-30
Property Features
Style: Other
Construction: Steel
Siding: Brick
Basement: None
Lot Description: Corner Lot
Fireplace: None
Floors: Vinyl
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector
Sewer: Public Sewer
Water: Public
Misc Features: Washer/Dryer Connect; Wired for Internet
Exterior Features: Balcony
New Financing: Cash; Conventional; Other
Room Information
Master Bedroom
Bathroom
Kitchen
Living Room
Listing Office:
Hatcher-Hill Brokerage, LLC
IDX
Office Phone: 865-249-8132
Last Updated: October - 08 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
