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403 S Gay St unit: 206 206
Knoxville TN 37902 US

$975,000

Active Listing ID 1328926
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2 bed
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2.00 Bath (2 Full , 1 Half)
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Lot: 0.05 Acres
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Condominium

$975,000

Active Listing ID 1328926
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403 S Gay St unit: 206 206 Downtown living in the historic Lerner Loft Building. This striking 2-bedroom, 2.5-bath loft-style condominium offers approximately 1, 759 square feet of thoughtfully designed living space across multiple levels, blending timeless historic character with contemporary finishes. Exposed brick walls, architectural beams, cathedral ceilings, hardwood and tile flooring create a dramatic yet inviting atmosphere throughout the open-concept main living area. The well-appointed eat in kitchen features stainless steel appliances, granite countertops, pantry storage, and seamless flow into the living space-ideal for entertaining. A guest bath with attached dedicated laundry/utility room with washer and dryer, along with extra storage, is conveniently located on the main floor. The second-level bedroom, complete with a full bathroom and large closet, provides flexibility for guests or a home office, while the private third-level primary suite includes a large walk-in closet room and walk-in shower with double vanities. Enjoy city and mountain views from the private 230sf rooftop included in the total square footage-perfect for entertaining or unwinding while overlooking vibrant downtown Knoxville. This condo offers a quiet retreat while placing you steps from Market Square, Gay Street, dining, shopping, and entertainment....located directly across from Mast General Store and countless downtown favorites. Architecturally restricted and professionally managed, the mandatory HOA includes exterior maintenance, building insurance, and select amenities. Public, off-street, and nearby garage parking options are available with convenient permit rates and typically free evenings and weekends. A private storage cage is located in the lower level of the building and accessed through the Mail Room door entrance. A rare opportunity to own a distinctive downtown loft that truly captures the energy and lifestyle of Knoxville. **Showings begin 2/12/26**

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1
  • Cooling System: Ceiling Fan(s), Central Air
  • Exterior Finish: Balcony
  • Floor Covering: Tile, Hardwood
  • Heating Fuels: Heat Pump (Heating), Central, Electric (Heating)
  • Additional Features
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 975000
  • unparsedaddress: 403 S Gay St unit: 206
  • unitnumber: 206
  • postalcity: Knoxville
  • stateorprovince: TN
  • country: US
  • postalcode: 37902
  • bathroomsfull: 2
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 1759
  • livingareaunits: Square Feet
  • latitude: 35.9661
  • longitude: -83.919229
  • listagentfullname: Melinda Grimac
  • listagentemail: melinda.grimac@sothebysrealty.com
  • listagentkey: 3yd-KAARMLSTN-322821
  • listagentmlsid: 322821
  • listagentpreferredphone: (865) 357-3232
  • listagentofficephone: 8653564178
  • listofficekey: 3yd-KAARMLSTN-1408
  • listofficemlsid: 1408
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 1910
  • listingcontractdate: 2026-02-10
  • listagenturl: http://http:melindagrimac.alliancesothebysrealty.comeng
  • countyorparish: Knox County - 1
  • parcelnumber: 094LE00200F
  • appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • cooling: Ceiling Fan(s), Central Air
  • constructionmaterials: Brick
  • flooring: Tile, Hardwood
  • heating: Heat Pump (Heating), Central, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street, On Street
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: Sotheby's International Realty
  • interiorfeatures: Walk-In Closet(s), Cathedral Ceiling(s), Pantry, Eat-in Kitchen
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1
  • patioandporchfeatures: Deck
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.91923, 35.9661
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Listing Changed: 2/12/2026 2:30:57 PM GMT
Source Updated Date: 2/14/2026 6:53:47 PM GMT

Courtesy of: Melinda Grimac, Alliance Sotheby's International, melinda.grimac@sothebysrealty.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.