$986,500
NEW CONSTRUCTION

327 W Summit Hill Dr SW Unit 414 Knoxville, TN 37902

Downtown Knoxville Neighborhood

Estimated payment $6,352/month

Total Views 7,082
2 Beds
2 Baths
1,463 Sq Ft
$674 Price per Sq Ft

Highlights

  • City View
  • 0.61 Acre Lot
  • 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. Short term rentals NOT PERMITTED. (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: 06/26/2025

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

Lot Details

  • 0.61 Acre Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Home to be built
  • Brick Exterior Construction
  • Steel Beams

Interior Spaces

  • 1,463 Sq Ft Home
  • Wired For Data
  • Living Room
  • Vinyl Flooring
  • City Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • 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

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
  • Lot Size Acres: 0.61
  • 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: 1463.0
  • 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:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Siding:Brick2: Yes
  • Misc Features:Wired for Internet: Yes
  • General Property Description:New Construction: To Be Built
  • AtchdDtchd Type:Attached: 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
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Fireplace:None15: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Balcony
  • View: City
  • Lot Features: Corner Lot
  • Construction Type: Steel, Brick
  • Exterior Features:Balcony: Yes
  • Construction:Steel: 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

Lot Info

  • Lot Size Sq Ft: 26571.6
  • 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
06/26/2025 06/26/25 For Sale $986,500 -- $674 / Sq Ft
Source: East Tennessee REALTORS® MLS

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Source: East Tennessee REALTORS® MLS

MLS Number: 1306074

East Tennessee REALTORS® MLS

APN: 094LD-005