PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Beautiful 1 bed/ 1 bath TOP FLOOR unit with full balcony PLUS an office! **NO Short term rentals allowed in this unit** 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.
Property Features
Bedrooms
Other Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Elevator
- Pantry
- Flooring: Vinyl
Appliances
- Dishwasher
- Disposal
- Microwave
- Range
- Refrigerator
Heating and Cooling
- Cooling Features: Central Cooling
- Heating Features: Central, Electric
- Heating: Yes
Exterior and Lot Features
Land Info
- Corner Lot
- Lot Size Acres: 0.61
- Lot Size Source: Tax Records
- Lot Size Square Feet: 26572
Garage and Parking
- Parking Features: Off-Street Parking
Home Features
- View: City
- Security Features: Smoke Detector
Homeowners Association
- Association: Yes
- Association Fee: 260
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 260
Other Property Info
- Source Listing Status: Pending
- County: Knox County - 1
- Directions: This property is located on the corner of Summit Hill and S Gay Street.
- Source Property Type: Single Family
- Area: Knox County - 1
- Property Subtype: condo
- MLS Area Minor: Knox County - 1
- Source Neighborhood: Lone Tree Pass
- Parcel Number: 094LD005
- Subdivision: Lone Tree Pass
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 936
- Year Built: 2025
- Building Area Total: 936
- Construction Materials: Frame
- New Construction: Yes
- Property Attached: Yes
- Total Area Sqft: 936
Utilities
- Sewer: Public Sewer
- Water Source: Public