327 W Summit Hill Drive, 714, Knoxville, TN 37902
$1,725,000



Property Type:
Single Family
Bedrooms:
3
Square Footage:
2,318
Status:
Pending
Current Price:
$1,725,000
List Date:
5/08/2025
Last Modified:
9/15/2025
Description
PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Large 3 bedroom/ 3 bath on the corner of Summit Hill and South Gay Street. PRIME TOP FLOOR UNIT WITH 2 BALCONIES. **NO 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# 1300224
Contract Info
Auction Y/N: No
List Price: $1,725,000
Current Price: $1,725,000
Status: Pending
Listing Contract Date: 2025-05-07
Location, Tax & Legal Info
Unit #: 714
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 0
General Property Description
Type: Other
# Bedrooms: 3
Acre Source: Tax Records
# of Rooms: 7
Restrictions: No
Site Built: Yes
Fireplace: No
HOA Contact: Mary Katherine Wormsley
Property Status: N/A
SqFt - Main Lvl: 2318
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
Living Area: 2318
Bathrooms Full: 3
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! Large 3 bedroom/ 3 bath on the corner of Summit Hill and South Gay Street. PRIME TOP FLOOR UNIT WITH 2 BALCONIES. **NO 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
Frame: 1
Siding
Wood: 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
Elevator: 1
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
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
Street Number: 327
Street Direction Prefix: W
Street Name: Summit Hill
Street Suffix: Drive
State: TN
Zip Code: 37902
Parcel Number: 094LD005
Subdivision Name: Lone Tree Pass
Status Change Info
Status Change Timestamp: 2025-09-15
Purchase Contract Date: 2025-09-15
Property Features
Style: Other
Construction: Frame
Siding: Wood
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: Internet Available; Pantry; Walk-in Shower; Wired for Internet
Exterior Features: Balcony
New Financing: Conventional; Other
Room Information
Master Bedroom
Bathroom
Kitchen
Living Room
Bedroom 2
Bathroom
Bedroom 3
Bathroom
Listing Office: Hatcher-Hill Brokerage, LLC
Office Phone: 865-249-8132
Last Updated: September - 15 - 2025
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