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$940,000

For Sale

3 months ago

206 - 403 S Gay St, Knoxville, TN

Condo

MLS® 1328926

2 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage 
HOA Fees $227
Taxes $4,379
Days Active 90
Approx. Age 1910
MLS® Number 1328926

Property Address: 206-403 S Gay St, Knoxville, TN, 37902-1104

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1328926
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 10, 2026List Date
$940,000List Price

Home Appraisal

This property is estimated to sell between: $523,000 and $1,149,000.
Similar properties in this area sold on average for: $523,300
Expected to sell in 50 days. Similar properties sold in 140 days. This home has been on eXp Realty for 90 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
403 S Gay St, Knoxville, TN

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