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For sale
  • Price cut: $59.5K (6/30)
    $642,500

    515 Cafego Pl #511, Knoxville, TN 37902

    2beds
    2baths
    1,097sqft
    : 
    $4,045/mo
    Get pre-qualified
    Multi Family
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $586/sqft
    $-- HOA

    What's special

    NEW CONSTRUCTION CONDOS IN DOWNTOWN KNOXVILLE Standing prominently on top of Summit Hill, City Summit is a new-construction condominium community with an expected completion date of May 2026. Comprised of 89 condos, the 5-story building has a variety of efficiency, 1-bedroom, and 2-bedroom units. Given the mix of unit types, sizes, and locations of units in the building, the property truly has something for everyone. Beyond the views offered from the units, the location is nearly unbeatable with Downtown Knoxville's best amenities mere blocks away, Covenant Health Park in walking distance, and The University of Tennessee Knoxville right across Henley Street. Please note: The first floor in the building (Units 100-121) is planned to allow short-term rentals per the COA documents. Condominium Owner's Association documents, budget, and Master Deed are nearing final draft and will be shared with buyers prior to the sale of any units. Given that the property is still an active construction site, showings are limited. Please reach out to the listing agent to learn more. *Square footages are approximate. Slight variations from noted dimensions and area calculations should be expected due to imperfect building geometry and construction tolerances, as well as, lack of availability of information for areas that were inaccessible at the time of measurement. *Taxes and utilities are to be determined and cannot be estimated at this time. Official Website: https://www.citysummitknoxville.com/
    117 days
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    52
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Petre 865-306-1070,

    Lawler-Wood, LLC 865-637-7777

    Source: East Tennessee Realtors,MLS#: 1335910MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer
      Features
      • Walk-In Closet(s)
      • Flooring: Carpet
      Interior area
      • Total structure area: 1,097
      • Total interior livable area: 1,097 sqft

      Property

      Parking
      • Parking features: Off Street, On Premise Parking
      Accessibility
      • Accessibility features: Handicap Accessible
      Features
      • Exterior features: Irrigation System, Trash Chute, Balcony
      Lot
      • Dimensions: 189.21 x 151.62 x IRR
      Details
      • Parcel number: 094LC003

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      Condition
      • Year built: 2026

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Knoxville

      Financial & listing details

      • Price per square foot: $586/sqft
      • Date on market: 4/8/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/30/2026Price change$642,500-8.5%$586/sqft
        Source: East Tennessee Realtors #1335910 Report a problem
        4/8/2026Listed for sale$702,000$640/sqft
        Source: East Tennessee Realtors #1335910 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown Knoxville

        Getting around

        93 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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