$1,590,000

531 S Gay St 1501, Knoxville, TN 37902

  • 2 beds |
  • 2 baths |
  • 1,988 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $800/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

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 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. 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.

Listing Status:
Active
Date Added:
June 18, 2025 at 05:00AM
Listing Office:
Downtown Realty, Inc. : 865-588-5535
MLS ID:
1305147
  • General: Kitchen IslandBreakfast BarEat-in Kitchen
  • Appliances: Gas CooktopDishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher
  • Basement: Other
  • Flooring: HardwoodTile
  • A/C: OtherCentral CoolingCeiling Fan(s)
  • Heating: CentralHeat PumpNatural GasElectric
  • Fireplace: Fireplaces: 0

This listing courtesy of Downtown Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

Green Magnet Academy

801 Lula Powell Dr, Knoxville, TN, 37915

Grades KG-5

0.50 miles away

E

Emerald Academy

220 Carrick St, Knoxville, TN, 37921

Grades KG-8

0.87 miles away

L

L N STEM Academy

401 Henley St, Knoxville, TN, 37902

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby