403 S Gay St 206, Knoxville, TN 37902
$975,000
Property Type:
Single Family
Bedrooms:
2
Square Footage:
1,759
Lot Size (sq. ft.):
2,178
Status:
Active
Current Price:
$975,000
List Date:
2/12/2026
Last Modified:
2/12/2026
Description
Downtown living in the historic Lerner Loft Building. This striking 2-bedroom, 2.5-bath loft-style condominium offers approximately 1,759 square feet of thoughtfully designed living space across multiple levels, blending timeless historic character with contemporary finishes. Exposed brick walls, architectural beams, cathedral ceilings, hardwood and tile flooring create a dramatic yet inviting atmosphere throughout the open-concept main living area. The well-appointed eat in kitchen features stainless steel appliances, granite countertops, pantry storage, and seamless flow into the living space—ideal for entertaining. A guest bath with attached dedicated laundry/utility room with washer and dryer, along with extra storage, is conveniently located on the main floor. The second-level bedroom, complete with a full bathroom and large closet, provides flexibility for guests or a home office, while the private third-level primary suite includes a large walk-in closet room and walk-in shower with double vanities. Enjoy city and mountain views from the private 230sf rooftop included in the total square footage—perfect for entertaining or unwinding while overlooking vibrant downtown Knoxville. This condo offers a quiet retreat while placing you steps from Market Square, Gay Street, dining, shopping, and entertainment....located directly across from Mast General Store and countless downtown favorites. Architecturally restricted and professionally managed, the mandatory HOA includes exterior maintenance, building insurance, and select amenities. Public, off-street, and nearby garage parking options are available with convenient permit rates and typically free evenings and weekends. A private storage cage is located in the lower level of the building and accessed through the Mail Room door entrance. A rare opportunity to own a distinctive downtown loft that truly captures the energy and lifestyle of Knoxville. **Showings begin 2/12/26**
More Information MLS# 1328926
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 975000
Current Price: $975,000
Status: Active
Listing Date: 2026-02-10
Location, Tax & Legal Info
Unit #: 206
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 4379.19
General Property Description
Type: 3 Story
# Bedrooms: 2
Acres: 0.05
Acre Source: Tax Records
# of Rooms: 4
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 226.79
HOA Freq: Monthly
HOA Contact: Jennifer Joyner 865-544-7003
Property Status: N/A
SqFt - Main Lvl: 799
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 333
SqFt - 3rd Flr Lvl: 397
# Fireplace: 0
HOA: Mandatory
Position of Unit: north facing windows
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 1759
Baths - Full: 2
Baths - 1/2: 1
Year Built: 1910
Remarks & Misc
Directions: Lerner Lofts is located at the corner of Gay St and Wall Ave. The main entrance is the left door on the Gay St side.
Public Remarks: Downtown living in the historic Lerner Loft Building. This striking 2-bedroom, 2.5-bath loft-style condominium offers approximately 1,759 square feet of thoughtfully designed living space across multiple levels, blending timeless historic character with contemporary finishes. Exposed brick walls, architectural beams, cathedral ceilings, hardwood and tile flooring create a dramatic yet inviting atmosphere throughout the open-concept main living area. The well-appointed eat in kitchen features stainless steel appliances, granite countertops, pantry storage, and seamless flow into the living space—ideal for entertaining. A guest bath with attached dedicated laundry/utility room with washer and dryer, along with extra storage, is conveniently located on the main floor. The second-level bedroom, complete with a full bathroom and large closet, provides flexibility for guests or a home office, while the private third-level primary suite includes a large walk-in closet room and walk-in shower with double vanities. Enjoy city and mountain views from the private 230sf rooftop included in the total square footage—perfect for entertaining or unwinding while overlooking vibrant downtown Knoxville. This condo offers a quiet retreat while placing you steps from Market Square, Gay Street, dining, shopping, and entertainment....located directly across from Mast General Store and countless downtown favorites. Architecturally restricted and professionally managed, the mandatory HOA includes exterior maintenance, building insurance, and select amenities. Public, off-street, and nearby garage parking options are available with convenient permit rates and typically free evenings and weekends. A private storage cage is located in the lower level of the building and accessed through the Mail Room door entrance. A rare opportunity to own a distinctive downtown loft that truly captures the energy and lifestyle of Knoxville. **Showings begin 2/12/26**
Atchd/Dtchd Type
Attached: 1
Style
Historic: 1
Construction
Brick: 1
Siding
Brick: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Off-Street Parking: 1
On-Street Parking: 1
Other: 1
Basement
Other: 1
Lot Description
Corner Lot: 1
Zero Lot Line: 1
Other: 1
Fuel
Electric: 1
View
City: 1
Mountain View: 1
Heat
Central: 1
Heat Pump: 1
Community Amenities
Architect Restricted: 1
Extra Storage: 1
Security: 1
Sidewalks: 1
Dining Area
Eat-in Kitchen: 1
Kitchen/Dining Rm Co: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Self Cleaning Oven: 1
Smoke Detector: 1
Washer: 1
Other Rooms
Extra Storage: 1
Laundry/Utility: 1
Exterior Features
Balcony: 1
Deck: 1
Windows - Insulated: 1
Misc Features
Cathedral Ceiling(s): 1
Internet Available: 1
Pantry: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Sewer
Public Sewer: 1
Water
Public: 1
Association Fee Incl
Association Ins: 1
Building Exterior: 1
Security: 1
Trash: 1
New Financing
Cash: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 403
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 094LE00200F
Subdivision: Lerner Lofts Condos Unit 6
Geo Lat: 35.9661
Geo Lon: -83.919229
Status Change Info
Status Change Date: 2026-02-12
Property Features
Style: Historic
Construction: Brick
Siding: Brick
Basement: Other
Lot Description: Corner Lot; Zero Lot Line; Other
View: Mountain View
Fireplace: None
Floors: Hardwood; Tile
Fuel: Electric
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer
Sewer: Public Sewer
Water: Public
Other Rooms: Extra Storage; Laundry/Utility
Misc Features: Cathedral Ceiling(s); Internet Available; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Exterior Features: Balcony; Deck; Windows - Insulated
Dining Area: Eat-in Kitchen; Kitchen/Dining Rm Co
Community Amenities: Architect Restricted; Extra Storage; Security; Sidewalks
Association Fee Incl: Association Ins; Building Exterior; Security; Trash
Showing: See Agent Instructns
New Financing: Cash
Room Information
Living Room
Kitchen
Bedroom 2
Master Bedroom
Other
Other
Listing Office:
Alliance Sotheby's International
IDX
Office Phone: 865-357-3232
Last Updated: February - 12 - 2026
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