403 S Gay St 206, Knoxville, TN 37902 (MLS# 1328926)


$975,000
403 S Gay St 206
Knoxville, TN 37902
MLS# 1328926
2 beds  |  1759 sqft


Lerner Lofts at 403 S Gay St is conveniently located at the corner of Gay St and Wall Ave in the heart of downtown
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Lerner Lofts at 403 S Gay St is conveniently located at the corner of Gay St and Wall Ave in the heart of downtown Hallway to Unit 206 complete with polished concrete floors and plenty of character Lerner Lofts #206. Generous main entry hall into the unit is flanked by the half bath, laundry area, and staircase to upper floors. Fantastic architectural details with a soaring 30'10" high dramatic ceiling, stainless steel appliances, hardwood floors, brick wall accents, and a walk-in pantry Fantastic architectural details with a soaring 30'10" high dramatic ceiling, stainless steel appliances, hardwood floors, brick wall accents, and a walk-in pantry Generously sized living area accentuated by hardwood flooring, double windows, a large bookcase, and a 13'2" ceiling. Generously sized double windows for great city views and plenty of light. Living room viewed from double windows back towards the kitchen Main level half bath complete with a custom Sunsphere painting by Megan Lingenfelter and a private laundry area beyond. Private laundry area beyond main floor half bath Second floor bedroom or office space with a private full bath and walk in closet Second floor bedroom or office space with a private full bath and walk in closet Second floor bedroom or office space with a private full bath and walk in closet Second floor full bath with walk-in shower Second floor walk-in closet View from the second floor bedroom/office towards the center open staircase with views to the kitchen below Master Bedroom Suite with a 13' ceiling, private full bathroom with double vanities, and an oversized walk-in closet Master Bedroom Suite with a 13' ceiling and an open view towards the outside balcony. Master bath with double vanities and shower/tub combo Large Master Bedroom walk-in closet Interior stairwell in the dramatic 30'10" ceiling The catwalk from the Master Suite leads to the private outdoor balcony Private balcony Private balcony Lerner Lofts entry off Gay St

Property Description
Downtown living in the historic Lerner Loft Building. This striking 2-bedroom, 2.5-bath loft-style condominium offers approximately 1,759 square feet of thoughtfully designed living space across multiple levels, blending timeless historic character with contemporary finishes. Exposed brick walls, architectural beams, cathedral ceilings, hardwood and tile flooring create a dramatic yet inviting atmosphere throughout the open-concept main living area. The well-appointed eat in kitchen features stainless steel appliances, granite countertops, pantry storage, and seamless flow into the living space—ideal for entertaining. A guest bath with attached dedicated laundry/utility room with washer and dryer, along with extra storage, is conveniently located on the main floor. The second-level bedroom, complete with a full bathroom and large closet, provides flexibility for guests or a home office, while the private third-level primary suite includes a large walk-in closet room and walk-in shower with double vanities. Enjoy city and mountain views from the private 230sf rooftop included in the total square footage—perfect for entertaining or unwinding while overlooking vibrant downtown Knoxville. This condo offers a quiet retreat while placing you steps from Market Square, Gay Street, dining, shopping, and entertainment....located directly across from Mast General Store and countless downtown favorites. Architecturally restricted and professionally managed, the mandatory HOA includes exterior maintenance, building insurance, and select amenities. Public, off-street, and nearby garage parking options are available with convenient permit rates and typically free evenings and weekends. A private storage cage is located in the lower level of the building and accessed through the Mail Room door entrance. A rare opportunity to own a distinctive downtown loft that truly captures the energy and lifestyle of Knoxville. **Showings begin 2/12/26**

Details
Maps
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 975000
Current Price: $975,000
Status: Active
Listing Date: 2026-02-10
Location, Tax & Legal Info
Unit #: 206
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 4379.19
General Property Description
Type: 3 Story
# Bedrooms: 2
Acres: 0.05
Acre Source: Tax Records
# of Rooms: 4
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 226.79
HOA Freq: Monthly
HOA Contact: Jennifer Joyner 865-544-7003
Property Status: N/A
SqFt - Main Lvl: 799
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 333
SqFt - 3rd Flr Lvl: 397
# Fireplace: 0
HOA: Mandatory
Position of Unit: north facing windows
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 1759
Baths - Full: 2
Baths - 1/2: 1
Year Built: 1910
Remarks & Misc
Directions: Lerner Lofts is located at the corner of Gay St and Wall Ave. The main entrance is the left door on the Gay St side.
Public Remarks: Downtown living in the historic Lerner Loft Building. This striking 2-bedroom, 2.5-bath loft-style condominium offers approximately 1,759 square feet of thoughtfully designed living space across multiple levels, blending timeless historic character with contemporary finishes. Exposed brick walls, architectural beams, cathedral ceilings, hardwood and tile flooring create a dramatic yet inviting atmosphere throughout the open-concept main living area. The well-appointed eat in kitchen features stainless steel appliances, granite countertops, pantry storage, and seamless flow into the living space—ideal for entertaining. A guest bath with attached dedicated laundry/utility room with washer and dryer, along with extra storage, is conveniently located on the main floor. The second-level bedroom, complete with a full bathroom and large closet, provides flexibility for guests or a home office, while the private third-level primary suite includes a large walk-in closet room and walk-in shower with double vanities. Enjoy city and mountain views from the private 230sf rooftop included in the total square footage—perfect for entertaining or unwinding while overlooking vibrant downtown Knoxville. This condo offers a quiet retreat while placing you steps from Market Square, Gay Street, dining, shopping, and entertainment....located directly across from Mast General Store and countless downtown favorites. Architecturally restricted and professionally managed, the mandatory HOA includes exterior maintenance, building insurance, and select amenities. Public, off-street, and nearby garage parking options are available with convenient permit rates and typically free evenings and weekends. A private storage cage is located in the lower level of the building and accessed through the Mail Room door entrance. A rare opportunity to own a distinctive downtown loft that truly captures the energy and lifestyle of Knoxville. **Showings begin 2/12/26**
Atchd/Dtchd Type
Attached: 1
Style
Historic: 1
Construction
Brick: 1
Siding
Brick: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Off-Street Parking: 1
On-Street Parking: 1
Other: 1
Basement
Other: 1
Lot Description
Corner Lot: 1
Zero Lot Line: 1
Other: 1
Fuel
Electric: 1
View
City: 1
Mountain View: 1
Heat
Central: 1
Heat Pump: 1
Community Amenities
Architect Restricted: 1
Extra Storage: 1
Security: 1
Sidewalks: 1
Dining Area
Eat-in Kitchen: 1
Kitchen/Dining Rm Co: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Self Cleaning Oven: 1
Smoke Detector: 1
Washer: 1
Other Rooms
Extra Storage: 1
Laundry/Utility: 1
Exterior Features
Balcony: 1
Deck: 1
Windows - Insulated: 1
Misc Features
Cathedral Ceiling(s): 1
Internet Available: 1
Pantry: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Sewer
Public Sewer: 1
Water
Public: 1
Association Fee Incl
Association Ins: 1
Building Exterior: 1
Security: 1
Trash: 1
New Financing
Cash: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 403
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 094LE00200F
Subdivision: Lerner Lofts Condos Unit 6
Geo Lat: 35.9661
Geo Lon: -83.919229
Status Change Info
Status Change Date: 2026-02-12
Property Features
Style: Historic
Construction: Brick
Siding: Brick
Basement: Other
Lot Description: Corner Lot; Zero Lot Line; Other
View: Mountain View
Fireplace: None
Floors: Hardwood; Tile
Fuel: Electric
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer
Sewer: Public Sewer
Water: Public
Other Rooms: Extra Storage; Laundry/Utility
Misc Features: Cathedral Ceiling(s); Internet Available; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Exterior Features: Balcony; Deck; Windows - Insulated
Dining Area: Eat-in Kitchen; Kitchen/Dining Rm Co
Community Amenities: Architect Restricted; Extra Storage; Security; Sidewalks
Association Fee Incl: Association Ins; Building Exterior; Security; Trash
Showing: See Agent Instructns
New Financing: Cash
Room Information
Room Name
Living Room
Kitchen
Bedroom 2
Master Bedroom
Other
Other

IDX
Listing Office: Alliance Sotheby's International

Office Phone: 865-357-3232

Last Updated: February - 12 - 2026

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