531 S Gay St, 1501, Knoxville, TN 37902
$1,398,800



































Property Type:
Single Family
Bedrooms:
2
Square Footage:
1,988
Status:
Active
Current Price:
$1,398,800
List Date:
8/29/2025
Last Modified:
9/05/2025
Description
Experience the epitome of urban living in Downtown's thriving Theater District. This remarkable Penthouse Residence is one of only two penthouses in the premier Holston Building, perched high above vibrant Gay Street. It showcases a bright, light-filled kitchen with a gas cooktop & open living area, expansive windows, beautiful hardwood floors, generous closet spaces, and elegant contemporary fixtures. Enjoy sweeping views of the Great Smoky Mountains, Tennessee River, illuminated bridges, and ever-changing cityscape from the 12 private windows and balcony of this impressive 15th floor residence. Soak in awe-inspiring sunrises, sunsets, nighttime views, Gay Street parades, firework celebrations, and Neyland Stadium's scoreboard. Special features include custom remote-operated window blinds, large jacuzzi tub, 4 walk-in closets, and a private large storage unit (located on the second floor). This unique Holston development boasts a controlled-access entrance, private elevator to service the top three floors (only 6 residences), concierge service, and security cameras in the lobby, along with a Community Room on the second floor overlooking bustling Gay Street. Located on the first floor and basement of this Holston Building, you'll find the exceptional Vida restaurant and unique Vault lounge, constructed in the vault of the former Holston Bank. Enjoy your urban retreat in this peaceful penthouse or step outside to experience the city's most popular markets, restaurants and cafes, entertainment venues, fitness studios & galleries. And with proximity to the new Covenant Health Park stadium, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can enjoy it all while living in The Holston. Originally erected in 1913, this iconic building was redeveloped into elegant condominium residences in 2008, with the additions of Vida and The Vault recently. The approximate size is per Courthouse Retrieval System and is an estimate only. Seller has paid for an assigned parking space in the nearby Hilton garage through August 2026. Buyer to verify size, taxes & HOA fees, which are subject to change. HOA fee includes the common area management and upkeep, water, sewer and gas, concierge services, and internet & television package.
More Information MLS# 1305147
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 1398800
Current Price: $1,398,800
Status: Active
Listing Date: 2025-06-18
Location, Tax & Legal Info
Unit #: 1501
Area: Knox County - 1
Property Sub-Type: Condominium
Community: Downtown
City/County Code: City Limits
Total Tax: 7637.14
General Property Description
Type: High Rise
# Bedrooms: 2
Lot Dimensions: condominium
Acre Source: Tax Records
# of Rooms: 5
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 729.85
HOA Freq: Monthly
HOA Contact: Linda Redmond 777-0202/lredmond@providencecres.com
Property Status: N/A
SqFt - Main Lvl: 1988
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Position of Unit: Top Floor Corner
Basement: No
Bonus Room: No
Extra Storage: Yes
SqFt - Total (Aprox): 1988
Baths - Full: 2
Year Built: 2008
Remarks & Misc
Directions: I-40 to Henley Street. Left onto Church Avenue. Left onto Gay Street. The Holston is located at the corner of Gay Street and Clinch Avenue, adjacent to Krutch Park Extension, and across from the Tennessee Theatre, the Hyatt Hotel, and the E.TN History Center. Public parking is available at metered spaces along Gay Street & Church Avenue and also in numerous garages nearby. Parking on nights and weekends is generally free in city-owned garages. Seller has pre-paid for an assigned monthly space in the Hilton Garage through 8/26.
Public Remarks: Experience the epitome of urban living in Downtown's thriving Theater District. This remarkable Penthouse Residence is one of only two penthouses in the premier Holston Building, perched high above vibrant Gay Street. It showcases a bright, light-filled kitchen with a gas cooktop & open living area, expansive windows, beautiful hardwood floors, generous closet spaces, and elegant contemporary fixtures. Enjoy sweeping views of the Great Smoky Mountains, Tennessee River, illuminated bridges, and ever-changing cityscape from the 12 private windows and balcony of this impressive 15th floor residence. Soak in awe-inspiring sunrises, sunsets, nighttime views, Gay Street parades, firework celebrations, and Neyland Stadium's scoreboard. Special features include custom remote-operated window blinds, large jacuzzi tub, 4 walk-in closets, and a private large storage unit (located on the second floor). This unique Holston development boasts a controlled-access entrance, private elevator to service the top three floors (only 6 residences), concierge service, and security cameras in the lobby, along with a Community Room on the second floor overlooking bustling Gay Street. Located on the first floor and basement of this Holston Building, you'll find the exceptional Vida restaurant and unique Vault lounge, constructed in the vault of the former Holston Bank. Enjoy your urban retreat in this peaceful penthouse or step outside to experience the city's most popular markets, restaurants and cafes, entertainment venues, fitness studios & galleries. And with proximity to the new Covenant Health Park stadium, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can enjoy it all while living in The Holston. Originally erected in 1913, this iconic building was redeveloped into elegant condominium residences in 2008, with the additions of Vida and The Vault recently. The approximate size is per Courthouse Retrieval System and is an estimate only. Seller has paid for an assigned parking space in the nearby Hilton garage through August 2026. Buyer to verify size, taxes & HOA fees, which are subject to change. HOA fee includes the common area management and upkeep, water, sewer and gas, concierge services, and internet & television package.
Atchd/Dtchd Type
Attached: 1
Style
Historic: 1
Other: 1
Construction
Brick: 1
Other: 1
Siding
Brick: 1
Other: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Other: 1
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Other: 1
Basement
Other: 1
Lot Description
Other: 1
Fuel
Electric: 1
Gas (Natural): 1
View
City: 1
Mountain View: 1
Heat
Central: 1
Heat Pump: 1
Community Amenities
Elevator: 1
Extra Storage: 1
Other - See Remarks: 1
Dining Area
Breakfast Bar: 1
Kitchen/Dining Rm Co: 1
Living Rm/Dining Rm: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Cooktop: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Other Rooms
Extra Storage: 1
Exterior Features
Balcony: 1
Windows - Insulated: 1
Misc Features
Internet Available: 1
Kitchen Island: 1
Walk-in Shower: 1
Washer/Dryer Connect: 1
Wired for DSL: 1
Wired for Internet: 1
Sewer
Public Sewer: 1
Water
Public: 1
Association Fee Incl
Association Ins: 1
Building Exterior: 1
Grounds Maintenance: 1
Pest Contract: 1
Security: 1
Sewer: 1
Water: 1
Other: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 531
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 094LE01902U
Subdivision: The Holston Building Condominiums
Geo Lat: 35.964241
Geo Lon: -83.918123
Status Change Info
Status Change Date: 2025-06-18
Property Features
Style: Historic; Other
Construction: Brick; Other
Siding: Brick; Other
Basement: Other
Lot Description: Other
View: Mountain View
Fireplace: None
Floors: Hardwood; Tile
Fuel: Electric; Gas (Natural)
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling; Other
Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Microwave; Range; Refrigerator; Washer
Sewer: Public Sewer
Water: Public
Other Rooms: Extra Storage
Misc Features: Internet Available; Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wired for DSL; Wired for Internet
Exterior Features: Balcony; Windows - Insulated
Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm
Community Amenities: Elevator; Extra Storage; Other - See Remarks
Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Pest Contract; Security; Sewer; Water; Other
Showing: See Agent Instructns
New Financing: Cash; Conventional
Listing Office: Downtown Realty, Inc.
Office Phone: 865-588-5535
Last Updated: September - 05 - 2025
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