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Sold for $507,500
  • $507,500

    255 S Gay St #202, Knoxville, TN 37902

    1beds
    694sqft
    Condominium
    Built in 2026
    -- sqft lot
    $510,200 Zestimate®
    $731/sqft
    $2,344 Estimated rent

    Home value

    $510,200

    $485,000 - $536,000

    $2,344/mo

    Zestimate® history
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    $2,944/mo

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    What's special

    PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Spacious 1 bed/1 bath with an open kitchen to living room that leads you out onto the FULL BALCONY overlooking Gay Street. A rare opportunity to have a balcony sitting 3 stories up from Gay Street -- The perfect spot to enjoy downtown events and parades. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Katherine Wormsley 865-332-7822,

    Hatcher-Hill Brokerage, LLC,

    Megan Riley Hatcher 865-385-2239,

    Hatcher-Hill Brokerage, LLC

    Bought with:

    Megan Riley Hatcher, 339235

    Hatcher-Hill Brokerage, LLC

    Source: East Tennessee Realtors,MLS#: 1300927MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
    Features
    • Walk-In Closet(s), Kitchen Island, Pantry
    • Flooring: Vinyl
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 694
    • Total interior livable area: 694 sqft

    Property

    Parking
    • Parking features: Off Street, Other
    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: City
    Lot
    • Features: Corner Lot
    Details
    • Parcel number: 094LD005

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Steel, Other
    Condition
    • Year built: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Lone Tree Pass
    HOA
    • Has HOA: Yes
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $731/sqft
    • Date on market: 5/14/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/29/2026Sold$507,500$731/sqft
    Source: East Tennessee Realtors #1300927 Report a problem
    5/14/2025Pending sale$507,500$731/sqft
    Source: East Tennessee Realtors #1300927 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown Knoxville

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $510,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $510,200