327 W Summit Hill Drive 302, Knoxville, TN 37902

$575,500
Property Type: Single Family Bedrooms: 1 Square Footage: 817 Status: Pending
Current Price: $575,500 List Date: 5/08/2025 Last Modified: 6/30/2025

Description

PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Short term rentals allowed on this level of the West building. 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# 1300230

Contract Info

Auction Y/N: No Listing Price: 575500 Current Price: $575,500 Status: Pending Listing Date: 2025-05-08

Location, Tax & Legal Info

Unit #: 302 Area: Knox County - 1 Property Sub-Type: Condominium City/County Code: City Limits Total Tax: 0

General Property Description

Type: Other # Bedrooms: 1 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: 817 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): 817 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! Short term rentals allowed on this level of the West building. 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

Frame: 1

Siding

Other: 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 #: 327 St Dir: W Street Name: Summit Hill St Suffix: Drive State/Province: TN Zip Code: 37902 PIN #: 094LD005 Subdivision: Lone Tree Pass Geo Lat: 35.967613 Geo Lon: -83.920136

Status Change Info

Status Change Date: 2025-06-30 Under Contract Date: 2025-06-05

Property Features

Style: Other Construction: Frame Siding: Other 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: June - 30 - 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.