402 S Gay St # 402 Knoxville, TN $ 1,595,000
402 S Gay St # 402
$ 1,595,000
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402 S Gay St # 402

Knoxville, TN, 37902
$ 1,595,000
Bedrooms3 Baths2.1 Sq 3,486

Monthly Estimate*

$ 10,601

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Condo for sale in Knoxville, TN

for $1,595,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,486 square foot condo was built in 2007.

You must see it to truly appreciate this exceptional three-bedroom 3-level penthouse residence, complete with a main-level balcony and spacious rooftop terrace overlooking the Downtown cityscape and distant Smoky Mountains. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this home has recently undergone an incredible transformation with a completely remodeled kitchen, master bathroom, and powder room, redesigned closet and storage systems, and enhanced outdoor living space. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the gorgeous contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. The gourmet kitchen features quartzite countertops, counter to ceiling wall tile, custom maple cabinets, high-end appliances, and open shelving crafted by a local artist. The spa-inspired master bathroom features beautiful marble throughout, designer lighting and hardware, sleek tile and a freestanding soaking tub. Enjoy multiple outdoor living spaces, including an expansive balcony off the great room and a spacious rooftop deck that can easily be transformed into an urban rooftop garden. A wide, open staircase leads to a mezzanine level - a perfect reading nook. Perched above is the penthouse level, which could double as a second home office and exercise area. Thoughtfully designed with both style and function in mind, you will find abundant storage, a large laundry room with utility sink, generous closets and built-in office areas. And don't miss the beautiful Hemingway home-inspired powder room - complete with replica tile and stunning pendant light. Please see previous seller's complete list of updates and features for more details about this immaculate loft. Sq. footage provided by appraiser's sketch, is an estimate only and is not guaranteed. Total approx. size of 3486sf includes approx. 3066sf interior and approx. 325sf rooftop deck and approx. 95sf balcony was provided by previous owner's appraisal (depicts an approx. 2456sf main level, approx. 305sf mezzanine, approx. 305sf penthouse) and developer's deck/balcony estimates, which are estimates only and are not guaranteed. CRS shows approx. 2670sf. Developer's pre-construction estimates indicated approx. 3285sf total, including approx. 2395sf main floor, approx. 95sf balcony, approx. 235sf mezzanine, approx. 235sf penthouse, approx. 325sf terrace. Buyer to verify size, taxes and HOA fees, which are subject to change. Short-Term Rentals / AirBnBs are not permitted by the POA. Building's roof was replaced in 2023.

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Condo Active

Price

$ 1,595,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 0

Style

Contemporary,Historic

Year Built

2007

Town/City

Knoxville

County/Region

Knox

MLS | Web ID

1266437

Features
General
Interior Features Island in Kitchen Breakfast Bar Eat-in Kitchen
Sewer Public Sewer
Heating Central Heat Pump Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Dishwasher Disposal Refrigerator Microwave
Exterior Features Windows - Insulated Deck Balcony
HOA 865.0
Association Fee Includes Building Exterior Association Ins Grounds Maintenance
Architectural Style Other Contemporary Historic
Construction Materials Brick Other
Year Built 2007
View Other City
Unit Number 402
Property SubType Condominium
Assoc Fee Paid Per Monthly
County Knox County - 1
Property Type Single Family
Association Amenities Elevator(s)
HOA / Comm Assn Y
Attached Garage N
Subdivision Name Gallery Lofts
Garage Y/N N
Total Rooms 9
Status Active
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 b
City Knoxville
Buyer Agent Compensation 2.4000
View Y/N N
MLS Area Knox County - 1
Lot Size Square Feet 0.0
Carport Y/N N
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Knox County - 1
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Buyer Agent Compensation Type %
Senior Community None
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Interior
Basement None Other
Flooring Hardwood Tile Other
Total Fireplaces 0
Fireplace Features None Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 2
Half Baths 1
Total Bedrooms 3
Electric On Property Y/N N
Total Baths 3
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Exterior
Parking Features None Other
Lot Features Other
Water Source Public
Lot Size Area 0.0
Spa N
Building Area Total 3486.0
Lot Size Acres 0.0
Lot Size Source See Remarks
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 402
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* Excluded Features
List By
Kimberly Dixon Hamilton

Listing Agent

Downtown Realty, Inc.

Broker

kimberly@knoxvilledowntownrealty.com

Email

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$10,601
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$10,601
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
694100 Elementary School
694101 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2024$1,595,000 Listed Price

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402 S Gay St # 402, Knoxville, TN, 37902 is a Condo for sale at $1,595,000 with 3,486 sqft. 402 S Gay St # 402 has 3 bedrooms, 2.1 baths, and was built in 2007. The property's zip code is 37902 which is in Knoxville, TN