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531 S Gay St, 1501, Knoxville, 37902

Priced At: $1,498,800

Property Details for ID: 1305147

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SqFt: 1,988
Price SqFt: $754
Total Bedrooms: 2
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-06-18T18:11:04Z
Subdivision: The Holston Building Condominiums

Public Remarks: 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 an assigned 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Historic, Other
Type: High Rise
Site Built: Yes
Year Built: 2008
Total Rooms: 5
SqFt (Total): 1,988
SqFt (Main Lvl): 1,988
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Extra Storage: Yes
Basement: No
Basement Type: Other

  Exterior Features

Features: Balcony, Windows - Insulated
Construction: Brick, Other
Siding: Brick, Other

  Appliances

Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Range, Refrigerator, Washer

  Room Dimensions

  Interior Features

Dining Area: Breakfast Bar, KitchenDining Rm Co, Living RmDining Rm
Floors: Hardwood, Tile
Other Rooms: Extra Storage
Misc Features: Internet Available, Island in Kitchen, Walk-in Shower, WasherDryer Connect, Wired for DSL, Wired for Internet

  Property Details

Lot Description: Other
View: City, Mountain View

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional

  HOA Information

Restrictions: Yes
HOA: Mandatory
HOA Fee: 729.85
HOA Freq: Monthly
HOA Contact: Linda Redmond 777-0202/lredmond@providencecres.com

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): Ceiling Fan(s), Central Cooling, Other
Heat Type(s): Central, Heat Pump

Garage / Parking

Other

  Community Features

Elevator, Extra Storage, Other - See Remarks

Outbuildings


Presented By: / Downtown Realty, Inc.

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

I-40 to Henley Street. Left onto Church Avenue. Left onto Gay Street. The Holston is located at the corner of Gay Street and Clinch Avenue, adjacent to Krutch Park Extension, and across from the Tennessee Theatre, the Hyatt Hotel, and the E.TN History Center. Public parking is available at metered spaces along Gay Street & Church Avenue and also in numerous garages nearby. Parking on nights and weekends is generally free in city-owned garages. Seller has pre-paid for an assigned monthly space in the Hilton Garage through 8/26.



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