$898,500
About this home
Now showing: a beautifully appointed two-bedroom, two-bathroom residence in the heart of downtown. This newly constructed unit is located on the 200 block of Gay Street and offers the rare advantage of allowing short-term rentals on this floor. The homeowners association permits short-term rentals on floors 2 and 3 of the West Building, as well as in all units within the East Building--providing excellent flexibility for both personal use and investment potential. As a new construction property, buyers should note that property taxes are to be determined.
Property details
- MLS #
- 1315404
- Property type
- Condominium
- Subdivision
- Lone Tree Pass
- Status
- Active
- Days on market
- 333
- On market date
- October 16, 2025
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.61 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 330
- Student:teacher ratio
- 10.6:1
- District
- Knox County
- Enrollment
- 447
- Student:teacher ratio
- 10.2:1
- District
- Knox County
- Enrollment
- 574
- Student:teacher ratio
- 15.1:1
- District
- Knox County
Walkability
Blended score for Knoxville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Knoxville, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated August 4, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.