Listings update live from CVRMLS · Profile last reviewed June 2026
Summit Lofts is one of the first condo regimes built in Scott's Addition — 14 units in the 1920 Summit Manufacturing building at 1701 Summit Avenue, converted by Monument Construction in 2007 and the project that proved the neighborhood's industrial inventory could support owner-occupancy at scale.
Insider’s view — any red flags?
Red flags: Parking. When Summit Lofts was built in the early 2000s, parking was not nearly the issue in Scotts Addition that it is today. Summit Lofts leases parking in the alleyway behind the project, so residents get a space, but the question is for how long? Access to parking unlocks development and the potential exists for either the cost of the parking to become prohibitive or for a developer of a large project outbid the residents for the parking upon a lease renewal.
History
Monument Construction — the same Fan-District-focused developer behind The Sydney, Cary Mews, The Hamlet Cleaners, The Ambrata, and 1630 Monument — purchased the 1920 Summit Manufacturing building and completed a 14-unit historic conversion in 2007. Summit arrived just as Scott's Addition was beginning to attract retail and brewery investment but before the inflection that brought Hardywood, The Veil, Ardent, and the volume of apartment new-construction that defines the neighborhood today.
Design & units
Signature loft: high ceilings, original brick, factory casement windows, open floor plans organized around the existing structural grid rather than a developer's interior optimization. The 14-unit scale puts Summit firmly in the small-conversion category — operationally lean, no shared amenities, manageable HOA budget. Monument Construction's reputation for clean conversions runs across the firm's portfolio.
Neighborhood
1701 Summit Avenue sits in the heart of Scott's Addition. Hardywood, The Veil, Ardent, Buskey Cider, and Three Notch'd are within walking distance. The Cary-to-Boulevard amenity loop runs through the neighborhood. The original Summit buyers were urban pioneers; today's resale buyers walk into a fully-formed neighborhood with continuous restaurant and retail openings.
What sets it apart
Summit Lofts is the first-wave Scott's Addition condo regime — the building that proved the neighborhood's industrial inventory could carry residential conversion before the brewery cluster's takeoff. Sibling Monument Construction projects (Cary Mews, The Sydney, The Ambrata, The Hamlet Cleaners, 1630 Monument) form a Fan-and-adjacent portfolio with consistent finish standards and stable resale.
The builders
Developer: Monument Construction
See it in context
Open full 3D view in Google Maps → · Photorealistic 3D Tiles via Google Maps Platform · coords from MLS-median (30 listings).
Available now
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Recent sales
| Address | Beds / Baths | Sq Ft | Sold | Price |
|---|---|---|---|---|
| 1701 Summit Ave Unit#U6 | 2 / 2 | 859 | Apr 2026 | $345,000 |
| 1701 Summit Ave Unit#U14 | 2 / 2 | 1,162 | Feb 2026 | $380,000 |
| 1701 Summit Ave Unit#U2 | 2 / 2 | 1,104 | May 2025 | $397,000 |
| 1701 Summit Ave Unit#U4 | 2 / 2 | 1,049 | Oct 2024 | $375,000 |
| 1701 Summit Ave Unit#U3 | 2 / 2 | 1,062 | Aug 2024 | $375,000 |
Frequently asked
Where exactly is Summit Lofts?
1701 Summit, 23230. In the Scott's Addition neighborhood.
When was Summit Lofts built?
Summit Lofts dates to 1920 (Historic conversion).
How many units are in Summit Lofts?
Summit Lofts is a 14-unit condominium regime in Scott's Addition.
Is Summit Lofts a condo conversion or new construction?
Summit Lofts is a historic conversion — an older building adapted into condominiums, dating to 1920.
Who developed Summit Lofts?
Summit Lofts was developed by Monument Construction.
