$967,500
PENDING NEW CONSTRUCTION

327 W Summit Hill Dr SW Unit 314 Knoxville, TN 37902

Downtown Knoxville Neighborhood

Estimated payment $6,219/month

2 Beds
2 Baths
1,450 Sq Ft
$667 Price per Sq Ft

Highlights

  • City View
  • Main Floor Primary Bedroom
  • Balcony
  • Sequoyah Elementary School Rated A-
  • Corner Lot
  • 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! Beautiful 2 bedroom/2 bathroom corner unit. This unit is on the Summit Hill end of the development. 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.

Listing Agent

Mary Katherine Wormsley

Hatcher-Hill Brokerage, LLC License #322977 Listed on: 05/17/2025

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

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • Wired For Data
  • Living Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Balcony
  • Corner Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 094LD005

Community Details

Overview

  • Association fees include pest contract, fire protection, building exterior, association insurance, trash, water
  • Lone Tree Pass Subdivision
  • Property has a Home Owners Association
  • On-Site Maintenance

Amenities

  • Elevator

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
  • ResoBuildingAreaSource: Plans
  • Lot Description:Corner Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1450.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • 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
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Misc Features:Wired for Internet: Yes
  • General Property Description:New Construction: Under Construction
  • Siding:Fiber Cement: Yes
  • AtchdDtchd Type:Attached: Yes
  • Misc Features:Elevator2: Yes
  • Siding:Metal3: Yes
  • Location Tax Legal Info:Property Sub-Type: Condominium
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Vinyl, Tile
  • Interior Amenities: Walk-In Closet(s), Kitchen Island, Elevator
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Balcony
  • View: City
  • Lot Features: Corner Lot
  • Construction Type: Other, Fiber Cement, Brick, Metal Siding
  • Construction:Other7: 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
  • Sewer: Public Sewer
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Trash: Yes
  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Building Exterior: Yes
  • Association Fee Incl:Water3: Yes
  • Community Amenities:Elevator: Yes
  • Association Fee Incl:Fire Protection: Yes
  • Association Fee Incl:Pest Contract: Yes

Fee Information

  • Association Fee Includes: Pest Contract, Fire Protection, Building Exterior, Association Ins, Trash, Water

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
05/17/2025 05/17/25 Pending -- -- --
05/17/2025 05/17/25 For Sale $967,500 -- $667 / Sq Ft
Source: East Tennessee REALTORS® MLS

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Source: East Tennessee REALTORS® MLS

MLS Number: 1301443

East Tennessee REALTORS® MLS

APN: 094LD-005