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$899,000
403 S Gay St 206, Knoxville, TN 37902
Active144 days on market

Listing provided by: Melinda Grimac · Alliance Sotheby's International

Source: East Tennessee REALTORS® MLS · MLS# 1328926

East Tennessee REALTORS IDXListing last updated

2
Beds
2 full · 1 half
Baths
1,759
Sq Ft
1910
Year Built
0.05
Lot (ac)
Single Family
Type

About this home

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.

Facts & features

Interior
Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • Half bathrooms: 1
Heating
  • Heating: Central, Heat Pump, Electric
Cooling
  • Cooling: Central Cooling, Ceiling Fan(s)
Appliances
  • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Features
  • Features: Walk-In Closet(s), Cathedral Ceiling(s), Pantry, Eat-in Kitchen
  • Flooring: Hardwood, Tile
  • Windows: Windows - Insulated
  • Basement: Other
Rooms
  • Total rooms: 4
  • Rooms: Living Room, Kitchen, Bedroom 2, Master Bedroom, Other
Interior area
  • Total interior livable area: 1,759 sqft
Property
Parking
  • Parking features: On-Street Parking, Off-Street Parking, Other
  • Attached garage: No
Lot
  • Size: 0.05 acres · 2,178 sqft
  • Features: Other, Zero Lot Line, Corner Lot
Exterior
  • Exterior features: Balcony
  • Patio & porch: Deck
  • View: Mountain View, City
Details
  • Parcel number: 094LE00200F
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Condominium
  • Structure: 3 Story
  • Architectural style: Historic
Materials
  • Materials: Brick
Condition
  • Year built: 1910
Utilities
Utilities
  • Sewer: Public Sewer
  • Water: Public
  • Security: Smoke Detector
Community & HOA
Community
  • Subdivision: Lerner Lofts Condos Unit 6
  • County: Knox County - 1
  • MLS area: Knox County - 1
  • Region: Knoxville
HOA
  • Has HOA: Yes
  • HOA fee: $226.79 monthly
  • Includes: Building Exterior, Association Ins, Trash, Security
Financial & listing details
Financial
  • Price: $899,000
  • Price per square foot: $511/sqft
  • Annual tax: $4,379.19
  • Listing terms: Cash
Listing
  • Date on market: Feb 12, 2026
  • Days on market: 144
  • Status: Active
  • MLS #: 1328926

Location

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