No photos available for this listing

$874,500

327 W Summit Hill Drive 308, Knoxville, TN 37902
Knoxville, TN 37902
Listed by Mary Katherine Wormsley · Hatcher-Hill Brokerage, LLC
Bedrooms
2
Bathrooms
2
Living area
N/A
Year built
2025

About this home

Now showing: a beautifully appointed two-bedroom, two-bathroom residence in the heart of downtown. A wide open kitchen to living room that beautifully spills out onto a full balcony overlooking the pedestrian thoroughfare that will soon be filled with restaurants and retailers! 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. More photos to come! As a new construction property, buyers should note that property taxes are to be determined.

Property details

MLS #
1339804
Property type
Condominium
Subdivision
Lone Tree Pass
Status
Active
Days on market
107
On market date
May 6, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.61 acres
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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).

Elementary
Green Magnet Math And Science Academy
0.5 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
330
Student:teacher ratio
10.6:1
District
Knox County
Middle
Vine Middle/Magnet
0.98 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
447
Student:teacher ratio
10.2:1
District
Knox County
High
L N STEM Academy
0.32 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
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).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks20
Schools19
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Knoxville, from live MLS data.

On the market 107 days -- 32 more days than Knoxville's current average of 75 days.
For reference, the median list price across 2,146 active listings in Knoxville right now is $399,997.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,416/mo
$174,900 down
$699,600 loan
Principal & interest$4,538
Property tax (est.)$729
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 29, 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.