$995,000

402 S Gay St Unit 301 Knoxville, TN 37902

Downtown Knoxville Neighborhood

Estimated payment $6,433/month

Total Views 3,361
2 Beds
2 Baths
1,641 Sq Ft
$606 Price per Sq Ft

Highlights

  • City View
  • Deck
  • Wood Flooring
  • Sequoyah Elementary School Rated A-
  • Contemporary Architecture
  • 2-minute walk to Cradle of Country Music Park

About This Home

You must see it to truly appreciate this stunning urban loft overlooking Downtown's vibrant Gay Street. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this exceptional residence features an expansive great room with huge windows, two bedrooms, two baths and a separate study. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Thoughtfully designed with both style and function in mind, you will find abundant kitchen storage and generous custom-designed closets. Updates include fresh paint throughout (2024), new hardwood floors in the master bedroom (2019), custom cherry vanities with granite tops, and REME HALO Whole Home In-Duct Air Purifier (hospital grade), HVAC Carrier compressor on roof (2017), & extra-capacity water heater (2010). Washer/Dryer and Pottery Barn office furniture included. In addition to the 13 residences, there are commercial spaces on the first and second floors of the building including the beloved Mast General Store and prominent architecture firm DIA. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Gallery Lofts. Approx. size per appraiser is an estimate only and is not guaranteed. Developer's 1725sf estimate and CRS measurements of 1917sf vary. Buyer to verify size, taxes and HOA fees, which are subject to change. CRS records state the building was constructed in 1910, however historians date the building to the 1880's. The building was redeveloped in 2007 and roof was replaced in 2023. Public parking is offered directly behind the building in the attached Promenade Garage, or in the nearby State St. Garage where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates of approx. $45/month; subject to availability.

Listing Agent

Kimberly Dixon-Hamilton

Downtown Realty, Inc. License #290479 Listed on: 06/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 2007

Lot Details

  • Historic Home

HOA Fees

  • $489 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,641 Sq Ft Home
  • Wired For Data
  • Ceiling Fan
  • Insulated Windows
  • Open Floorplan
  • Den
  • Bonus Room
  • City Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 095IA03800C

Community Details

Overview

  • Association fees include building exterior, association insurance, grounds maintenance
  • Gallery Lofts Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,955

Year Built

Built in 2007

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Directions: Located above Mast General Store at the intersection of Gay Street and Wall Avenue, just one block south of Summit Hill Drive. Public parking is available in the Promenade Garage directly behind the building, or in the nearby State St. Garage, where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates of approx. $45/month; subject to availability.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2007
  • Subdivision Name: Gallery Lofts
  • Architectural Style: Other, Contemporary, Historic
  • Property Attached Yn: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1641.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • AtchdDtchd Type:Attached: Yes
  • Style:Historic: Yes
  • General Property Description:Position of Unit: 3rd Fl Gay St
  • Location Tax Legal Info:Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement YN: No
  • Has Basement: None, Other
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood, Tile
  • Interior Amenities: Kitchen Island, Breakfast Bar, Eat-in Kitchen
  • Window Features: Windows - Insulated
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:None15: Yes
  • Other Rooms:DenStudy: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:None14: Yes
  • Basement:Other5: Yes

Exterior Features

  • Exterior Features: Balcony
  • View: City
  • Lot Features: Other
  • Construction Type: Other, Brick
  • Patio And Porch Features: Deck
  • Exterior Features:Deck: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Brick5: Yes
  • Construction:Other7: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • GarageParking:Other17: Yes

Utilities

  • Cooling: Other, Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator
  • Association Fee: 489.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Grounds Maintenance: Yes
  • Association Fee Incl:Building Exterior: Yes
  • Community Amenities:Elevator: Yes

Fee Information

  • Association Fee Includes: Building Exterior, Association Ins, Grounds Maintenance

Lot Info

  • Parcel #: 095IA03800C

Tax Info

  • Tax Annual Amount: 5954.84

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $995,000 -- $606 / Sq Ft
Source: East Tennessee REALTORS® MLS

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See All Homes in Knoxville

Source: East Tennessee REALTORS® MLS

MLS Number: 1305228

East Tennessee REALTORS® MLS

APN: 095IA03800C

Tennessee Knox County Knoxville 37902 Downtown Knoxville

402 S Gay St Unit 301, Knoxville, TN

This home is located at 402 S Gay St Unit 301, Knoxville, TN 37902 and is currently priced at $995,000, approximately $606 per square foot. This property was built in 2007. 402 S Gay St Unit 301 is a home located in Knox County with nearby schools including Sequoyah Elementary School, Vine Middle/Magnet, and Austin-East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

Nearby Homes
Listing Agent
Kimberly Dixon-Hamilton
Section Image
Downtown Realty, Inc.
(865) 405-8970