327 W Summit Hill Drive 714, Knoxville, TN 37902

$1,720,000

Property Type: Single Family Bedrooms: 3 Square Footage: 2,318 Status: Closed

Current Price: $1,720,000 List Date: 5/08/2025 Last Modified: 2/10/2026

Overview

Description

PRESALE OPPORTUNITY! The first new construction in the heart of downtown in 40 years on the 200 Block of Gay Street! Large 3 bedroom/ 3 bath on the corner of Summit Hill and South Gay Street. PRIME TOP FLOOR UNIT WITH 2 BALCONIES. **NO Short term rentals allowed** Short term rentals are only permitted on floors 2 & 3 of the West building and the top floor of the East building. New Construction so property taxes to be estimated by Buyer. No showings at this time as it is a current construction site. Summit Hill Drive Building is estimated to be completed in November 2025, 255 S. Gay Street building is estimated to be completed in February 2026. Please check document section as this contains HOA information, additional disclosures, finish schedule and general information about the project.

Listing Details MLS# 1300224

Location Tax Legal Info

House #: 327
St Dir: W
Street Name: Summit Hill
St Suffix: Drive
State/Province: TN
Zip Code: 37902
PIN #: 094LD005
Subdivision: Lone Tree Pass

Contract Info

Auction Y/N: No
Listing Price: 1725000

General Property Description

Type: Other
Acre Source: Tax Records
Site Built: Yes
Restrictions: No
SqFt - Total (Aprox): 2318
SqFt - Main Lvl: 2318
# Bedrooms: 3
Baths - Full: 3
# of Rooms: 7
Fireplace: No
Property Status: N/A
HOA: Mandatory
HOA Contact: Mary Katherine Wormsley
Year Built: 2025
Bonus Room: No
Extra Storage: No

Status Change Info

Status Change Date: 2026-02-10
Under Contract Date: 2025-09-15
Sold Date: 2026-02-09

More Information

Property Features

Style: Other Construction: Frame Siding: Wood Basement: None Lot Description: Corner Lot Fireplace: None Floors: Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector Sewer: Public Sewer Water: Public Misc Features: Elevator; Internet Available; Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Exterior Features: Balcony New Financing: Cash; Conventional; Other

Room Information

Room Name
Master Bedroom
Bathroom
Kitchen
Living Room
Bedroom 2
Bathroom
Bedroom 3
Bathroom

IDX

Listing Office: Hatcher-Hill Brokerage, LLC

Last Updated: February - 10 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

327 W Summit Hill Drive 714, Knoxville, TN 37902 (MLS# 1300224)