531 S Gay St Unit 703, Knoxville, TN 37902

$1,325,000
3
BD
2
BA
2,175
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,325,000
List Price
$1,325,000
Closing Date
Apr 28, 2026
MLS#
1331689
Status
CLOSED
Type
Condo
City
Knoxville
County
Knox
Bedrooms
3
Bathrooms
2
Living Area
2,175
Year Built
2008
DOM
53

Property Description

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, cafés, 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.

Additional Information

Acres
0.05
Community Amenities
Security, Elevator(s), Storage
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
Construction
Steel Frame, Brick, Stone
Cooling
Central Air
Exterior Features
Balcony
Floors
Tile, Hardwood
Garage
Other
Living Area
2,175
Lot Description
Corner Lot
Style
Historic
Subdivision
The Holston Condos Unit 703
View
Mountain View, Other
Year Built
2008
Restrictions
Yes
Hoa Fees
$750
Hoa Freq
Monthly
Association Fee Incl
Association Ins, Water, Building Exterior, Grounds Maintenance, Pest Control, Security, Some Amenities, Other, Sewer
Water
Public
Sewer
Public Sewer
Unit
703
Heating
Central, Forced Air, Electric
Num Of Rooms
6
Restrictions
Yes
Hoa
Mandatory

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Agent: Melinda Grimac |

Office: Alliance Sotheby's International |

Selling Office: .