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255 S Gay St #204, 
Knoxville, TN 37902

$507,500


1

Bed


1

Bath


691

Sq Ft


Single Family

Active

Listed by

Mary Katherine Wormsley

Megan Riley Hatcher

Hatcher-Hill Brokerage, LLC.

Last updated:

June 25, 2025, 02:08 AM

MLS#

1305918

Source:

TN KAAR

About This Home

255 S Gay St #204

PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Spacious 1 bed/1 bath with an open kitchen to living room that leads you out onto the FULL BALCONY overlooking Gay Street. A rare opportunity to have a balcony sitting 3 stories up from Gay Street -- The perfect spot to enjoy downtown events and parades. 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.

Home Facts

Single Family

1 Bath

1 Bedroom

Built in 2025

Price Summary

507,500

$734 per Sq. Ft.

MLS #:

1305918

Last Updated:

June 25, 2025, 02:08 AM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

691 Sq. Ft.


Structure

Structure

Building Area:

691 Sq. Ft.

Year Built:

2025


Lot

Lot Size (Sq. Ft):

26,571


Finances & Disclosures

Finances

Price:

$507,500

Price per Sq. Ft:

$734 per Sq. Ft.

Source:TN KAAR
The information being provided by Knoxville Area Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Knoxville Area Association of REALTORS All rights reserved.

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