$1,595,000
$1,595,000
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402 Gay St #402 Knoxville, TN 37902
3 Beds
3 Baths
3,486 SqFt
Key Details
Sold Price $1,595,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 3,486 sqft
Price per Sqft $457
Subdivision Gallery Lofts
MLS Listing ID 1266437
Sold Date 07/09/24
Style Other,Contemporary,Historic
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $865/mo
Year Built 2007
Property Sub-Type Condominium
Source East Tennessee REALTORS® MLS
Property Description
You must see it to truly appreciate this exceptional three-bedroom 3-level penthouse residence, complete with a main-level balcony and spacious rooftop terrace overlooking the Downtown cityscape and distant Smoky Mountains. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this home has recently undergone an incredible transformation with a completely remodeled kitchen, master bathroom, and powder room, redesigned closet and storage systems, and enhanced outdoor living space. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the gorgeous contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. The gourmet kitchen features quartzite countertops, counter to ceiling wall tile, custom maple cabinets, high-end appliances, and open shelving crafted by a local artist. The spa-inspired master bathroom features beautiful marble throughout, designer lighting and hardware, sleek tile and a freestanding soaking tub. Enjoy multiple outdoor living spaces, including an expansive balcony off the great room and a spacious rooftop deck that can easily be transformed into an urban rooftop garden. A wide, open staircase leads to a mezzanine level - a perfect reading nook. Perched above is the penthouse level, which could double as a second home office and exercise area. Thoughtfully designed with both style and function in mind, you will find abundant storage, a large laundry room with utility sink, generous closets and built-in office areas. And don't miss the beautiful Hemingway home-inspired powder room - complete with replica tile and stunning pendant light. Please see previous seller's complete list of updates and features for more details about this immaculate loft. Sq. footage provided by appraiser's sketch, is an estimate only and is not guaranteed. Total approx. size of 3486sf includes approx. 3066sf interior and approx. 325sf rooftop deck and approx. 95sf balcony was provided by previous owner's appraisal (depicts an approx. 2456sf main level, approx. 305sf mezzanine, approx. 305sf penthouse) and developer's deck/balcony estimates, which are estimates only and are not guaranteed. CRS shows approx. 2670sf. Developer's pre-construction estimates indicated approx. 3285sf total, including approx. 2395sf main floor, approx. 95sf balcony, approx. 235sf mezzanine, approx. 235sf penthouse, approx. 325sf terrace. Buyer to verify size, taxes and HOA fees, which are subject to change. Short-Term Rentals / AirBnBs are not permitted by the POA. Building's roof was replaced in 2023.
Location
State TN
County Knox County - 1
Rooms
Other Rooms LaundryUtility, DenStudy
Basement None, Other
Dining Room Breakfast Bar
Interior
Interior Features Island in Kitchen, Breakfast Bar, Eat-in Kitchen
Heating Central, Heat Pump, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Hardwood, Tile, Other
Fireplaces Type None, Other
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Heat Source Central, Heat Pump, Electric
Laundry true
Exterior
Exterior Feature Windows - Insulated, Deck, Balcony
Parking Features None, Other
Garage Description Other
Amenities Available Elevator(s)
View Other, City
Garage No
Building
Lot Description Other
Faces Located above Mast General Store at the intersection of Gay Street and Wall Avenue, just one block south of Summit Hill Drive. Public parking is available in the Promenade Garage directly behind the building, or in the nearby State St. Garage, Walnut Street Garage or Market Square Garage, where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates of approx. $45-55/month in city-owned garages; subject to availability.
Sewer Public Sewer
Water Public
Architectural Style Other, Contemporary, Historic
Structure Type Brick,Other
Others
HOA Fee Include Building Exterior,Association Ins,Grounds Maintenance
Restrictions Yes
Tax ID 095IA03800F
Energy Description Electric
Acceptable Financing Cash
Listing Terms Cash
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