515 Cafego Pl #220, Knoxville, TN, 37902
About This Home
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 need to be scheduled through agent. 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/
Getting Around
Walker's Paradise
Good Transit
BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Trash Compactor,Washer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Walk-In Closet(s)
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,155
- Total interior livable area: 1,155 sqft
Property
Accessibility
- Accessibility features: Handicap Accessible
Details
- Parcel number: 094LC003
Features
- Exterior features: Irrigation System,Trash Chute,Balcony
Lot
- Lot size dimensions: 189.21 x 151.62 x IRR
Parking
- Parking features: Off Street,On Premise Parking
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Winter Weather
- Cold Wave
- Earthquake
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,509 | $42,108 |
| Home Insurance | $245 | $2,940 |
| Property Taxes | $254 | $3,048 |
| Electricity | $175 | $2,103 |
| Total | $4,183 | $50,196 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-30 | Price change | $694,000 |
| 2026-05-25 | Listed for sale | $756,500 |
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