531 S Gay St 703, Knoxville, TN 37902 (MLS# 1331689)

531 S Gay St 703, Knoxville, TN 37902

$1,325,000

Main entry with views of The Sunsphere and UT campus

Main entry with primary bedroom suite to the left and bedrooms 2 & 3 and a second full bath to the right.

Great views of The Sunsphere, Krutch Park, Market Square, and UT campus

Great views of Krutch Park and Market Square area.

Private balcony overlooking Krutch Park and Market Square

Private balcony with views of Krutch Park, Gay St, and the open east view

Primary suite with oversized walk-in closet and large private bath featuring both a bathtub and separate shower.

Double vanities, bathtub, commode area, and walk-in shower.

Split layout with this north side featuring a full bath and two bedrooms.

This beautiful view of Krutch Park and The Sunsphere is from the private balcony.

Property Type: Single Family Bedrooms: 3 Square Footage: 2,175 Lot Size (sq. ft.): 2,178 Status: Pending - Continue to Show

Current Price: $1,325,000 List Date: 3/11/2026 Last Modified: 3/12/2026

Overview

Description

Experience refined urban living in the heart of Knoxville's vibrant Theater District at The Holston Building. This exceptional 7th-floor residence showcases sweeping skyline views of the University of Tennessee campus to the west, the Great Smoky Mountains to the east, Krutch Park, and iconic Gay Street. Thoughtfully designed, the home has been transformed into a sophisticated retreat with bright, light-filled living spaces flowing seamlessly into the open kitchen and main living area. Three bedrooms, two full baths, and generous closets plus a private storage unit--add both function and convenience. Residents enjoy premium amenities including concierge service and a stylish community room overlooking lively Gay Street. On the building's lower levels, enjoy Vida or gather at The Vault at Vida, both uniquely set within the former bank vault of the historic Holston Bank. Step outside to experience the best of downtown living--local markets, acclaimed restaurants, cafés, entertainment venues, fitness studios, and galleries. Nearby destinations include Covenant Health Park, Emory Place, World's Fair Park, PetSafe Village Dog Park, the South Waterfront, and Downtown North--placing the very best of Knoxville at your doorstep. The monthly HOA fee includes water/sewer and broadband internet (AT&T U-verse). Short-term rentals, including AirBnB, are not permitted. A $395 transfer fee is payable by the buyer at closing. Public parking is available along Gay Street and Clinch Avenue, as well as in nearby garages, including the State Street Garage one block away. Monthly residential passes are available through PBA. Square footage is approximate per developer specs and includes the private 14' x 4'6'' balcony. Private/deeded storage Room #16 is not included in square footage. Professional photos to be posted soon. Buyer to verify size, taxes, and HOA fees, which are subject to change.

Listing Details MLS# 1331689

Location Tax Legal Info

House #: 531
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 094LE01900W
Subdivision: The Holston Condos Unit 703

Contract Info

Auction Y/N: No
Listing Price: 1325000
Occupancy: Permanent Residence

General Property Description

Type: High Rise
Acres: 0.05
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 2175
SqFt - Main Lvl: 2175
# Bedrooms: 3
Baths - Full: 2
# of Rooms: 6
Fireplace: No
Property Status: N/A
HOA: Mandatory
HOA Fee: 750.33
HOA Freq: Monthly
Position of Unit: West facing
Year Built: 2008
Bonus Room: No
Extra Storage: Yes
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
Basement: No

Status Change Info

Status Change Date: 2026-03-11
Under Contract Date: 2026-03-11

Location, Tax & Legal Info

Unit #: 703
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 6495.51

Remarks & Misc

Directions: Downtown Knoxville at the corner of Gay St and Clinch Ave
Public Remarks: Experience refined urban living in the heart of Knoxville's vibrant Theater District at The Holston Building. This exceptional 7th-floor residence showcases sweeping skyline views of the University of Tennessee campus to the west, the Great Smoky Mountains to the east, Krutch Park, and iconic Gay Street. Thoughtfully designed, the home has been transformed into a sophisticated retreat with bright, light-filled living spaces flowing seamlessly into the open kitchen and main living area. Three bedrooms, two full baths, and generous closets plus a private storage unit--add both function and convenience. Residents enjoy premium amenities including concierge service and a stylish community room overlooking lively Gay Street. On the building's lower levels, enjoy Vida or gather at The Vault at Vida, both uniquely set within the former bank vault of the historic Holston Bank. Step outside to experience the best of downtown living--local markets, acclaimed restaurants, cafés, entertainment venues, fitness studios, and galleries. Nearby destinations include Covenant Health Park, Emory Place, World's Fair Park, PetSafe Village Dog Park, the South Waterfront, and Downtown North--placing the very best of Knoxville at your doorstep. The monthly HOA fee includes water/sewer and broadband internet (AT&T U-verse). Short-term rentals, including AirBnB, are not permitted. A $395 transfer fee is payable by the buyer at closing. Public parking is available along Gay Street and Clinch Avenue, as well as in nearby garages, including the State Street Garage one block away. Monthly residential passes are available through PBA. Square footage is approximate per developer specs and includes the private 14' x 4'6'' balcony. Private/deeded storage Room #16 is not included in square footage. Professional photos to be posted soon. Buyer to verify size, taxes, and HOA fees, which are subject to change.

More Information

Atchd/Dtchd Type

Attached: Yes

Style

Historic: Yes

Construction

Brick: Yes
Steel: Yes

Siding

Brick: Yes
Stone: Yes

Fireplace

None: Yes

Cooling

Central Cooling: Yes

Floors

Hardwood: Yes
Tile: Yes

Garage/Parking

Other: Yes

Basement

Other: Yes

Lot Description

Corner Lot: Yes

Fuel

Electric: Yes

View

City: Yes
Mountain View: Yes
Other: Yes

Heat

Central: Yes
Forced Air: Yes

Community Amenities

Elevator: Yes
Extra Storage: Yes
Security: Yes

Dining Area

Eat-in Kitchen: Yes
Living Rm/Dining Rm: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Smoke Detector: Yes
Washer: Yes

Other Rooms

Mstr Bdrm Main Level: Yes

Exterior Features

Balcony: Yes
Windows - Insulated: Yes

Misc Features

Internet Available: Yes
Kitchen Island: Yes
Walk-in Shower: Yes
Walk-In Closet(s): Yes
Washer/Dryer Connect: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Association Fee Incl

Association Ins: Yes
Building Exterior: Yes
Grounds Maintenance: Yes
Pest Contract: Yes
Security: Yes
Sewer: Yes
Some Amenities: Yes
Water: Yes
Other: Yes

New Financing

Cash: Yes
Conventional: Yes

Showing

See Agent Instructns: Yes

Property Features

Style: Historic Construction: Brick; Steel Siding: Brick; Stone Basement: Other Lot Description: Corner Lot View: Mountain View; Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric Heat: Central; Forced Air Cooling: Central Cooling Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Sewer: Public Sewer Water: Public Other Rooms: Mstr Bdrm Main Level Misc Features: Internet Available; Kitchen Island; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect Exterior Features: Balcony; Windows - Insulated Dining Area: Eat-in Kitchen; Living Rm/Dining Rm Community Amenities: Elevator; Extra Storage; Security Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Pest Contract; Security; Sewer; Some Amenities; Water; Other Showing: See Agent Instructns New Financing: Cash; Conventional

Room Information

Master Bedroom Bedroom 2 Bedroom 3 Kitchen LR/DR Combination

Listing Office: Alliance Sotheby's International

IDX

Office Phone: 865-357-3232

Last Updated: March - 12 - 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.