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531 S Gay St , #1501

Knoxville, TN 37902
  • $1,590,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 1305147
$1,590,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,988
    SQFT
  • $800
    $/SQFT
Type:
Condo
Built:
2008
County:
Area:

School Ratings & Info

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.

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© 2025 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Tennessee Elite Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Tennessee Elite Realty. Data last updated: 2025-07-19T23:48:06.773.
www.tennesseeeliterealty.com/homes/165036098
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531 S Gay St , #1501 Knoxville, TN 37902

  • Price: $1,590,000
  • Status: Active
  • On Site: 31 Days
  • ID#: 1305147
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,988
SQFT
$800
$/SQFT
2008
Built
Neighborhood:
The Holston Building Condominiums
County:
Knox
Area:
Knoxville
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.
Exterior Features

Architectural Style OtherHistoric Attached Garage YN No Exterior Features Balcony Parking Features Other

Interior Features

Appliances Gas CooktopDishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher Basement Other Bonus Room No Cooling OtherCentral CoolingCeiling Fan(s) Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring HardwoodTile Heating CentralHeat PumpNatural GasElectric Interior Features Kitchen IslandBreakfast BarEat-in Kitchen Misc Features Internet Available Yes Misc Features Island In Kitchen Yes Misc Features Walkin Shower Yes Misc Features Washer Dryer Connect Yes Misc Features Wired For DSL Yes Misc Features Wired For Internet Yes Rooms Total 5

Property Features

Association Amenities ElevatorOther Association Fee 794.85 Association Fee Frequency Monthly Association Fee Includes OtherPest ContractBuilding ExteriorAssociation InsSewerSecurityGrounds MaintenanceWater Association YN Yes Auction YN No Community Amenities Elevator Yes Community Amenities Extra Storage Yes Community Features [] Construction Materials OtherBrick Dining Area Kitchen Dining Rm Co Yes Dining Area Living Rm Dining Rm Yes Extra Storage Yes Frontage Type [] Fuel Electric Yes Fuel Gas Natural Yes HOA Mandatory Listing Terms CashConventional Lot Features Other New Financing Cash Yes New Financing Conventional Yes Occupancy Permanent Residence Other Structures [] Position Of Unit Top Floor Corner Property Attached YN Yes Property Status N/A Property Sub Type Condominium Restrictions Yes Security Features [] Sewer Public Sewer Site Built Yes Type High Rise Utilities [] View Mountain ViewCity Water Source Public

Listing information © 2025 East Tennessee REALTORS®.
Listing provided courtesy of Downtown Realty, Inc.: 865-588-5535.


© 2025 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Tennessee Elite Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Tennessee Elite Realty. Data last updated: 2025-07-19T23:48:06.773.
 
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