402 S Gay St Unit 402, Knoxville, TN 37902

Property Description

You must see it to truly appreciate this exceptional three-bedroom 3-level penthouse residence, complete with a main-level balcony and spacious rooftop terrace overlooking the Downtown cityscape and distant Smoky Mountains. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this home has recently undergone an incredible transformation with a completely remodeled kitchen, master bathroom, and powder room, redesigned closet and storage systems, and enhanced outdoor living space. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the gorgeous contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. The gourmet kitchen features quartzite countertops, counter to ceiling wall tile, custom maple cabinets, high-end appliances, and open shelving crafted by a local artist. The spa-inspired master bathroom features beautiful marble throughout, designer lighting and hardware, sleek tile and a freestanding soaking tub. Enjoy multiple outdoor living spaces, including an expansive balcony off the great room and a spacious rooftop deck that can easily be transformed into an urban rooftop garden. A wide, open staircase leads to a mezzanine level - a perfect reading nook. Perched above is the penthouse level, which could double as a second home office and exercise area. Thoughtfully designed with both style and function in mind, you will find abundant storage, a large laundry room with utility sink, generous closets and built-in office areas. And don't miss the beautiful Hemingway home-inspired powder room - complete with replica tile and stunning pendant light. Please see previous seller's complete list of updates and features for more details about this immaculate loft. Sq. footage provided by appraiser's sketch, is an estimate only and is not guaranteed. Total approx. size of 3486sf includes approx. 3066sf interior and approx. 325sf rooftop deck and approx. 95sf balcony was provided by previous owner's appraisal (depicts an approx. 2456sf main level, approx. 305sf mezzanine, approx. 305sf penthouse) and developer's deck/balcony estimates, which are estimates only and are not guaranteed. CRS shows approx. 2670sf. Developer's pre-construction estimates indicated approx. 3285sf total, including approx. 2395sf main floor, approx. 95sf balcony, approx. 235sf mezzanine, approx. 235sf penthouse, approx. 325sf terrace. Buyer to verify size, taxes and HOA fees, which are subject to change. Short-Term Rentals / AirBnBs are not permitted by the POA. Building's roof was replaced in 2023.