$854,500
PENDING NEW CONSTRUCTION

327 W Summit Hill Dr SW Unit 306 Knoxville, TN 37902

Downtown Knoxville Neighborhood

Estimated payment $5,635/month

2 Beds
2 Baths
1,260 Sq Ft
$678 Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Balcony
  • Sequoyah Elementary School Rated A-
  • Home Office
  • 1-minute walk to Cradle of Country Music Park

About This Home

PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! This unit is a beautiful 2 bed/2bath. This unit also includes a full balcony that has incredible views. Short term rentals are 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.

Listing Agent

Mary Katherine Wormsley

Hatcher-Hill Brokerage, LLC License #322977 Listed on: 06/19/2025

Co-Listing Agent

Kendall Crisp

Hatcher-Hill Brokerage, LLC License #336246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,855

Year Built

  • Built in 2025 | Under Construction

Parking

  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • Elevator
  • Wired For Data
  • Ceiling Fan
  • Living Room
  • Home Office
  • Vinyl Flooring
  • City Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Additional Features

  • Balcony
  • Corner Lot
  • Central Heating and Cooling System

Community Details

  • Lone Tree Pass Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 094LD005

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,855

Year Built

Built in 2025 | Under Construction

Lot Details

0

Listing Details

  • Directions: This property is located on the corner of Summit Hill and S Gay Street.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2025
  • Co List Office Mls Id: 2326
  • Co List Office Phone: 865-249-8132
  • Subdivision Name: Lone Tree Pass
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1260.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Misc Features:Wired for Internet: Yes
  • General Property Description:New Construction: Under Construction
  • AtchdDtchd Type:Attached: Yes
  • Misc Features:Elevator2: Yes
  • Location Tax Legal Info:Property Sub-Type: Condominium
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement YN: No
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Vinyl
  • Interior Amenities: Walk-In Closet(s), Kitchen Island, Elevator, Pantry
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Fireplace:None15: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:None14: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Balcony
  • View: City
  • Lot Features: Corner Lot
  • Construction Type: Frame, Other
  • Construction:Frame: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking, Other
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Other17: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Lot Info

  • Parcel #: 094LD005

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,855 $294,200 $0 $0
2023 $11,855 $294,200 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $854,500 -- $678 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
Source: East Tennessee REALTORS® MLS

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Source: East Tennessee REALTORS® MLS

MLS Number: 1305294

East Tennessee REALTORS® MLS

APN: 094LD-005