
531 S Gay St Unit 1501 Knoxville, TN 37902
Downtown Knoxville NeighborhoodEstimated payment $9,638/month
Highlights
- City View
- Wood Flooring
- Balcony
- Sequoyah Elementary School Rated A-
- Elevator
- 1-minute walk to Krutch Park
About This Home
Experience the epitome of urban living in Downtown's thriving Theater District. This remarkable Penthouse Residence is one of only two penthouses in the premier Holston Building, perched high above vibrant Gay Street. It showcases a bright, light-filled kitchen with a gas cooktop & open living area, expansive windows, beautiful hardwood floors, generous closet spaces, and elegant contemporary fixtures. Enjoy sweeping views of the Great Smoky Mountains, Tennessee River, illuminated bridges, and ever-changing cityscape from the 12 private windows and balcony of this impressive 15th floor residence. Soak in awe-inspiring sunrises, sunsets, nighttime views, Gay Street parades, firework celebrations, and Neyland Stadium's scoreboard. Special features include custom remote-operated window blinds, large jacuzzi tub, 4 walk-in closets, and a private large storage unit (located on the second floor). This unique Holston development boasts a controlled-access entrance, private elevator to service the top three floors (only 6 residences), concierge service, and security cameras in the lobby, along with a Community Room on the second floor overlooking bustling Gay Street. Located on the first floor and basement of this Holston Building, you'll find the exceptional Vida restaurant and unique Vault lounge, constructed in the vault of the former Holston Bank. Enjoy your urban retreat in this peaceful penthouse or step outside to experience the city's most popular markets, restaurants and cafes, entertainment venues, fitness studios & galleries. And with proximity to the new Covenant Health Park stadium, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can enjoy it all while living in The Holston. Originally erected in 1913, this iconic building was redeveloped into elegant condominium residences in 2008, with the additions of Vida and The Vault recently. The approximate size is per Courthouse Retrieval System and is an estimate only. Buyer to verify size, taxes & HOA fees, which are subject to change. HOA fee includes the common area management and upkeep, water, sewer and gas, concierge services, and internet & television package.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,637
Year Built
- Built in 2008
HOA Fees
- $795 Monthly HOA Fees
Property Views
- City
- Mountain
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,988 Sq Ft Home
- Wired For Data
- Ceiling Fan
- Insulated Windows
- Open Floorplan
- Storage Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Dryer
- Washer
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Internet Available
Additional Features
- Balcony
- Historic Home
Listing and Financial Details
- Assessor Parcel Number 094LE01902U
Community Details
Overview
- Association fees include pest contract, building exterior, association insurance, sewer, security, grounds maintenance, water
- The Holston Building Condominiums Subdivision
- Mandatory home owners association
- On-Site Maintenance
Amenities
- Elevator
- Community Storage Space
Security
- Security Service
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/05/2025 08/05/25 | Price Changed | $1,498,800 | 0.0% | $754 / Sq Ft |
07/03/2025 07/03/25 | For Rent | $4,400 | 0.0% | -- |
06/18/2025 06/18/25 | For Sale | $1,590,000 | 0.0% | $800 / Sq Ft |
05/05/2025 05/05/25 | Off Market | $4,400 | -- | -- |
04/02/2025 04/02/25 | Price Changed | $4,400 | -2.2% | $2 / Sq Ft |
03/27/2025 03/27/25 | For Rent | $4,500 | 0.0% | -- |
03/24/2025 03/24/25 | Off Market | $4,500 | -- | -- |
02/19/2025 02/19/25 | For Rent | $4,500 | 0.0% | -- |
09/25/2018 09/25/18 | Sold | $800,000 | +8.1% | $394 / Sq Ft |
09/25/2017 09/25/17 | Sold | $740,000 | -- | $372 / Sq Ft |
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Source: East Tennessee REALTORS® MLS
MLS Number: 1305147

APN: 094LE01902U
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