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531 S Gay St unit: 703
Knoxville TN 37902 US

$1,325,000

Pending Listing ID 1331689
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.05 Acres
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Condominium

$1,325,000

Pending Listing ID 1331689
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531 S Gay St unit: 703 Experience refined urban living in the heart of Knoxville's vibrant Theater District at The Holston Building. This exceptional 7th-floor residence showcases sweeping skyline views of the University of Tennessee campus to the west, the Great Smoky Mountains to the east, Krutch Park, and iconic Gay Street. Thoughtfully designed, the home has been transformed into a sophisticated retreat with bright, light-filled living spaces flowing seamlessly into the open kitchen and main living area. Three bedrooms, two full baths, and generous closets plus a private storage unit--add both function and convenience. Residents enjoy premium amenities including concierge service and a stylish community room overlooking lively Gay Street. On the building's lower levels, enjoy Vida or gather at The Vault at Vida, both uniquely set within the former bank vault of the historic Holston Bank. Step outside to experience the best of downtown living--local markets, acclaimed restaurants, cafes, entertainment venues, fitness studios, and galleries. Nearby destinations include Covenant Health Park, Emory Place, World's Fair Park, PetSafe Village Dog Park, the South Waterfront, and Downtown North--placing the very best of Knoxville at your doorstep. The monthly HOA fee includes water/sewer and broadband internet (AT&T U-verse). Short-term rentals, including AirBnB, are not permitted. A $395 transfer fee is payable by the buyer at closing. Public parking is available along Gay Street and Clinch Avenue, as well as in nearby garages, including the State Street Garage one block away. Monthly residential passes are available through PBA. Square footage is approximate per developer specs and includes the private 14' x 4'6'' balcony. Private/deeded storage Room #16 is not included in square footage. Professional photos to be posted soon. Buyer to verify size, taxes, and HOA fees, which are subject to change.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Floor Covering: Hardwood, Tile
  • Heating Fuels: Electric (Heating), Central, Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 1325000
  • unparsedaddress: 531 S Gay St unit: 703
  • postalcity: Knoxville
  • stateorprovince: TN
  • country: US
  • postalcode: 37902
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 2175
  • livingareaunits: Square Feet
  • latitude: 35.964237
  • longitude: -83.918105
  • 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: 2008
  • listingcontractdate: 2026-03-06
  • listagenturl: http://http:melindagrimac.alliancesothebysrealty.comeng
  • countyorparish: Knox County - 1
  • parcelnumber: 094LE01900W
  • appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • cooling: Central Air
  • constructionmaterials: Steel, Stone, Brick
  • flooring: Hardwood, Tile
  • heating: Electric (Heating), Central, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: Sotheby's International Realty
  • interiorfeatures: Walk-In Closet(s), Kitchen Island, Eat-in Kitchen
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.918106, 35.964237
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Listing Changed: 3/12/2026 3:07:54 AM GMT
Source Updated Date: 3/30/2026 7:00:52 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.