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515 Cafego Place 201, Knoxville, 37902
Priced At: $499,750
Property Details for ID: 1335899
SqFt: 757
Price SqFt: $660
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-04-08T19:34:12Z
Public Remarks: NEW CONSTRUCTION CONDOS IN DOWNTOWN KNOXVILLE Standing prominently on top of Summit Hill, City Summit is a new-construction condominium community with an expected completion date of May 2026. Comprised of 89 condos, the 5-story building has a variety of efficiency, 1-bedroom, and 2-bedroom units. Given the mix of unit types, sizes, and locations of units in the building, the property truly has something for everyone. Beyond the views offered from the units, the location is nearly unbeatable with Downtown Knoxville's best amenities mere blocks away, Covenant Health Park in walking distance, and The University of Tennessee Knoxville right across Henley Street. Please note: The first floor in the building (Units 100-121) is planned to allow short-term rentals per the COA documents. Condominium Owner's Association documents, budget, and Master Deed are nearing final draft and will be shared with buyers prior to the sale of any units. Given that the property is still an active construction site, showings are limited. Please reach out to the listing agent to learn more. *Square footages are approximate. Slight variations from noted dimensions and area calculations should be expected due to imperfect building geometry and construction tolerances, as well as, lack of availability of information for areas that were inaccessible at the time of measurement. *Taxes and utilities are to be determined and cannot be estimated at this time. Official Website: https://www.citysummitknoxville.com/
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 757
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Directions
Going East on Summit Hill Dr, turn left onto Walnut St at the light. Follow the series of one-ways down Walnut, left onto W Vine Ave, left onto Locust St, and finally left onto Cafego Pl to arrive at the front door of the condominium building.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!