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
SqFt – Down Lvl
0
SqFt – 2nd Flr Lvl
0
SqFt – 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

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

Location, Tax & Legal Info

Unit #
714
Area
Knox County – 1
Property Sub-Type
Condominium
City/County Code
City Limits
Total Tax
0

Remarks & Misc

Directions
This property is located on the corner of Summit Hill and S Gay Street.
Public Remarks
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.

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Other
Yes

Construction

Frame
Yes

Siding

Wood
Yes

Fireplace

None
Yes

Cooling

Central Cooling
Yes

Floors

Vinyl
Yes

Garage/Parking

Off-Street Parking
Yes
Other
Yes

Basement

None
Yes

Lot Description

Corner Lot
Yes

Fuel

Electric
Yes

View

City
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Exterior Features

Balcony
Yes

Misc Features

Elevator
Yes
Internet Available
Yes
Kitchen Island
Yes
Pantry
Yes
Walk-in Shower
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes
Other
Yes

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

Master Bedroom Bathroom Kitchen Living Room Bedroom 2 Bathroom Bedroom 3 Bathroom
Listing Office: Hatcher-Hill Brokerage, LLC
IDX
Office Phone: 865-249-8132
Last Updated: February – 10 – 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 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 weekly, 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.