402 S Gay St 301, Knoxville, TN 37902

$916,500
Property Type: Single Family Bedrooms: 2 Square Footage: 1,641 Status: Closed
Current Price: $916,500 List Date: 8/23/2025 Last Modified: 2/13/2026

Overview

Description

You must see it to truly appreciate this stunning urban loft overlooking Downtown's vibrant Gay Street. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this exceptional residence features an expansive great room with huge windows, two bedrooms, two baths and a separate study. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Thoughtfully designed with both style and function in mind, you will find abundant kitchen storage and generous custom-designed closets. Updates include fresh paint throughout (2024), new hardwood floors in the master bedroom (2019), custom cherry vanities with granite tops, and REME HALO Whole Home In-Duct Air Purifier (hospital grade), HVAC Carrier compressor on roof (2017), & extra-capacity water heater (2010). Washer/Dryer and Pottery Barn office furniture included. In addition to the 13 residences, there are commercial spaces on the first and second floors of the building including the beloved Mast General Store and prominent architecture firm DIA. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Gallery Lofts. Approx. size per appraiser is an estimate only and is not guaranteed. Developer's 1725sf estimate and CRS measurements of 1917sf vary. Buyer to verify size, taxes and HOA fees, which are subject to change. CRS records state the building was constructed in 1910, however historians date the building to the 1880's. The building was redeveloped in 2007 and roof was replaced in 2023. Public parking is offered directly behind the building in the attached Promenade Garage. Owner pays for a monthly permit for this garage. And in the nearby State St. Garage, parking is currently free on nights and weekends.

Listing Details MLS# 1305228

Location Tax Legal Info

House #
402
St Dir
S
Street Name
Gay
St Suffix
St
State/Province
TN
Zip Code
37902
PIN #
095IA03800C
Subdivision
Gallery Lofts

Contract Info

Auction Y/N
No
Listing Price
920000
Occupancy
Permanent Residence

General Property Description

Type
Other
Acre Source
See Remarks
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
1641
SqFt - Main Lvl
1641
# Bedrooms
2
Baths - Full
2
# of Rooms
6
Fireplace
No
Property Status
N/A
HOA
Mandatory
HOA Fee
489
HOA Freq
Monthly
HOA Contact
DIA, Nada K. - 865-637-8540/nkuchinic@dia-arch.com
Position of Unit
3rd Fl Gay St
Year Built
2007
Bonus Room
Yes
Extra Storage
No
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2026-02-12
Under Contract Date
2026-01-13
Sold Date
2026-02-10

Location, Tax & Legal Info

Unit #
301
Area
Knox County - 1
Property Sub-Type
Condominium
Community
Downtown
City/County Code
City Limits
Total Tax
5954.84

Remarks & Misc

Directions
Located above Mast General Store at the intersection of Gay Street and Wall Avenue, just one block south of Summit Hill Drive. Public parking is available in the Promenade Garage directly behind the building, or in the nearby State St. Garage, where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates; subject to availability.
Public Remarks
You must see it to truly appreciate this stunning urban loft overlooking Downtown's vibrant Gay Street. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this exceptional residence features an expansive great room with huge windows, two bedrooms, two baths and a separate study. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Thoughtfully designed with both style and function in mind, you will find abundant kitchen storage and generous custom-designed closets. Updates include fresh paint throughout (2024), new hardwood floors in the master bedroom (2019), custom cherry vanities with granite tops, and REME HALO Whole Home In-Duct Air Purifier (hospital grade), HVAC Carrier compressor on roof (2017), & extra-capacity water heater (2010). Washer/Dryer and Pottery Barn office furniture included. In addition to the 13 residences, there are commercial spaces on the first and second floors of the building including the beloved Mast General Store and prominent architecture firm DIA. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Gallery Lofts. Approx. size per appraiser is an estimate only and is not guaranteed. Developer's 1725sf estimate and CRS measurements of 1917sf vary. Buyer to verify size, taxes and HOA fees, which are subject to change. CRS records state the building was constructed in 1910, however historians date the building to the 1880's. The building was redeveloped in 2007 and roof was replaced in 2023. Public parking is offered directly behind the building in the attached Promenade Garage. Owner pays for a monthly permit for this garage. And in the nearby State St. Garage, parking is currently free on nights and weekends.

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Contemporary
Yes
Historic
Yes
Other
Yes

Construction

Brick
Yes
Other
Yes

Siding

Brick
Yes
Other
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes
Other
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Other
Yes

Basement

None
Yes
Other
Yes

Lot Description

Other
Yes

Fuel

Electric
Yes

View

City
Yes

Heat

Central
Yes
Heat Pump
Yes

Community Amenities

Elevator
Yes

Dining Area

Breakfast Bar
Yes
Kitchen/Dining Rm Co
Yes
Living Rm/Dining Rm
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Other Rooms

Den/Study
Yes
Laundry/Utility
Yes

Exterior Features

Windows - Insulated
Yes

Misc Features

Kitchen Island
Yes
Walk-in Shower
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Association Fee Incl

Association Ins
Yes
Building Exterior
Yes
Grounds Maintenance
Yes

New Financing

Cash
Yes
Other
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Contemporary; Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: None; Other Lot Description: Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Other Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Sewer: Public Sewer Water: Public Other Rooms: Den/Study; Laundry/Utility Misc Features: Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Windows - Insulated Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Elevator Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance Showing: See Agent Instructns New Financing: Cash; Other
Listing Office: Downtown Realty, Inc.
IDX
Office Phone: 865-588-5535
Last Updated: February - 13 - 2026
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.
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