531 S Gay St #1501, Knoxville, TN 37902
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
531 S Gay St #1501,Knoxville, TN 37902
$1,498,800
- 2 Beds
- 2 Baths
- 1,988 sq. ft.
- Single family
- Active
Listed by:kimberly dixon hamilton
Office:downtown realty, inc.
MLS#:1305147
Source:TN_KAAR
Price summary
- Price:$1,498,800
- Price per sq. ft.:$753.92
- Monthly HOA dues:$795
About this home
Experience the epitome of urban living in Downtown's thriving Theater District. This remarkable Penthouse Residence is one of only two penthouses in the premier Holston Building, perched high above vibrant Gay Street. It showcases a bright, light-filled kitchen with a gas cooktop & open living area, expansive windows, beautiful hardwood floors, generous closet spaces, and elegant contemporary fixtures. Enjoy sweeping views of the Great Smoky Mountains, Tennessee River, illuminated bridges, and ever-changing cityscape from the 12 private windows and balcony of this impressive 15th floor residence. Soak in awe-inspiring sunrises, sunsets, nighttime views, Gay Street parades, firework celebrations, and Neyland Stadium's scoreboard. Special features include custom remote-operated window blinds, large jacuzzi tub, 4 walk-in closets, and a private large storage unit (located on the second floor). This unique Holston development boasts a controlled-access entrance, private elevator to service the top three floors (only 6 residences), concierge service, and security cameras in the lobby, along with a Community Room on the second floor overlooking bustling Gay Street. Located on the first floor and basement of this Holston Building, you'll find the exceptional Vida restaurant and unique Vault lounge, constructed in the vault of the former Holston Bank. Enjoy your urban retreat in this peaceful penthouse or step outside to experience the city's most popular markets, restaurants and cafes, entertainment venues, fitness studios & galleries. And with proximity to the new Covenant Health Park stadium, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can enjoy it all while living in The Holston. Originally erected in 1913, this iconic building was redeveloped into elegant condominium residences in 2008, with the additions of Vida and The Vault recently. The approximate size is per Courthouse Retrieval System and is an estimate only. Seller has paid for a reserved parking space in the nearby Hilton garage through August 2026. Buyer to verify size, taxes & HOA fees, which are subject to change. HOA fee includes the common area management and upkeep, water, sewer and gas, concierge services, and internet & television package.
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Home facts
- Year built:2008
- Listing Id #:1305147
- Added:58 day(s) ago
- Updated:August 15, 2025 at 10:11 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,988 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric, Heat Pump
Structure and exterior
- Year built:2008
- Building area:1,988 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,498,800
- Price per sq. ft.:$753.92
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