402 S Gay St Unit 301, Knoxville, TN 37902
- $916,500
- 2
- BD
- 2
- BA
- 1,641
- SqFt
- Sold Price
- $916,500
- List Price
- $920,000
- Closing Date
- Feb 10, 2026
- MLS#
- 1305228
- Status
- CLOSED
- Type
- Condo
- City
- Knoxville
- County
- Knox
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,641
- Year Built
- 2007
Property Description
You must see it to truly appreciate this stunning urban loft overlooking Downtown's vibrant Gay Street. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this exceptional residence features an expansive great room with huge windows, two bedrooms, two baths and a separate study. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Thoughtfully designed with both style and function in mind, you will find abundant kitchen storage and generous custom-designed closets. Updates include fresh paint throughout (2024), new hardwood floors in the master bedroom (2019), custom cherry vanities with granite tops, and REME HALO Whole Home In-Duct Air Purifier (hospital grade), HVAC Carrier compressor on roof (2017), & extra-capacity water heater (2010). Washer/Dryer and Pottery Barn office furniture included. In addition to the 13 residences, there are commercial spaces on the first and second floors of the building including the beloved Mast General Store and prominent architecture firm DIA. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Gallery Lofts. Approx. size per appraiser is an estimate only and is not guaranteed. Developer's 1725sf estimate and CRS measurements of 1917sf vary. Buyer to verify size, taxes and HOA fees, which are subject to change. CRS records state the building was constructed in 1910, however historians date the building to the 1880's. The building was redeveloped in 2007 and roof was replaced in 2023. Public parking is offered directly behind the building in the attached Promenade Garage. Owner pays for a monthly permit for this garage. And in the nearby State St. Garage, parking is currently free on nights and weekends.
Additional Information
- Community Amenities
- Elevator(s)
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Construction
- Other, Brick
- Cooling
- Ceiling Fan(s), Central Air, Other
- Floors
- Tile, Hardwood
- Garage
- Other
- Living Area
- 1,641
- Lot Description
- Other
- Style
- Contemporary, Other, Historic
- Subdivision
- Gallery Lofts
- Year Built
- 2007
- Restrictions
- Yes
- Hoa Fees
- $489
- Hoa Freq
- Monthly
- Association Fee Incl
- Association Ins, Building Exterior, Grounds Maintenance
- Water
- Public
- Sewer
- Public Sewer
- Unit
- 301
- Heating
- Central, Heat Pump, Electric
- Num Of Rooms
- 6
- Restrictions
- Yes
- Hoa
- Mandatory
- Bonus Room
- Yes
Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.
How It Works
Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.
Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.
Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.
Frequently Asked Questions
Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.
Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.
Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.
Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.
Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578
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Listing courtesy of Downtown Realty, Inc.. Selling Office: .
Agent: Kimberly Dixon Hamilton |
Office: Downtown Realty, Inc. |