$1,150,000
Knoxville, TN 37902
MLS# 1327534
2 beds | 1761 sqft
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Property Description
Prime Gay Street location in the heart of downtown. This beautifully designed two-bedroom residence is set within the historic JCPenney Building, with Maple Hall, featuring bowling, dining, and a full-service bar, just downstairs. Revitalized in 2016, the building blends timeless architectural character with modern convenience, offering true downtown living with exceptional walkability, security, and comfort. The thoughtfully curated floor plan features gleaming hardwood floors, soaring ceilings, oversized windows including a juliette balcony that provide tons of natural light, exposed brick and ductwork, full-height walls for enhanced privacy, and an open-concept living and kitchen area accented by concrete countertops and refined finishes, perfect for entertaining. The owner's suite offers a private retreat with a tiled walk-in shower, double vanities, marble tile surrounding the soaking tub, and a spacious walk-in closet. Recent upgrades include custom laundry cabinetry, a bespoke wardrobe, a custom closet system, and fresh interior paint. In addition to the kitchen appliances, the washer and dryer, and living room TV convey, for a move-in-ready experience. Steps from Market Square, the Tennessee Theatre, dining, shopping, and entertainment, with nearby parking options and close proximity to the University of Tennessee, the Old City, and the new Smokies baseball stadium. A rare opportunity in one of downtown's most iconic locations.
Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 1150000
Current Price: $1,150,000
Status: Active
Listing Date: 2026-01-24
Location, Tax & Legal Info
Unit #: 303
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 5384.48
General Property Description
Type: High Rise
# Bedrooms: 2
Acres: 0.04
Acre Source: Tax Records
# of Rooms: 6
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 504.32
HOA Freq: Monthly
Property Status: N/A
SqFt - Main Lvl: 1761
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Basement: No
Bonus Room: No
Extra Storage: Yes
SqFt - Total (Aprox): 1761
Baths - Full: 2
Year Built: 1905
Remarks & Misc
Directions: Take I-40 E towards Knoxville, Take Exit 388 toward US-441 S/Henley St/Down Town, Turn Left onto Western Ave (TN-62) toward Summit Hill Dr, Continue on W Summit Hill Dr SW, Turn Right, Turn slightly Right, 416 S. Gay on Right.
Public Remarks: Prime Gay Street location in the heart of downtown. This beautifully designed two-bedroom residence is set within the historic JCPenney Building, with Maple Hall, featuring bowling, dining, and a full-service bar, just downstairs. Revitalized in 2016, the building blends timeless architectural character with modern convenience, offering true downtown living with exceptional walkability, security, and comfort. The thoughtfully curated floor plan features gleaming hardwood floors, soaring ceilings, oversized windows including a juliette balcony that provide tons of natural light, exposed brick and ductwork, full-height walls for enhanced privacy, and an open-concept living and kitchen area accented by concrete countertops and refined finishes, perfect for entertaining. The owner's suite offers a private retreat with a tiled walk-in shower, double vanities, marble tile surrounding the soaking tub, and a spacious walk-in closet. Recent upgrades include custom laundry cabinetry, a bespoke wardrobe, a custom closet system, and fresh interior paint. In addition to the kitchen appliances, the washer and dryer, and living room TV convey, for a move-in-ready experience. Steps from Market Square, the Tennessee Theatre, dining, shopping, and entertainment, with nearby parking options and close proximity to the University of Tennessee, the Old City, and the new Smokies baseball stadium. A rare opportunity in one of downtown's most iconic locations.
Atchd/Dtchd Type
Attached: 1
Style
Contemporary: 1
Historic: 1
Construction
Block: 1
Brick: 1
Siding
Brick: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Hardwood: 1
Tile: 1
Other: 1
Garage/Parking
On-Street Parking: 1
Other: 1
Basement
None: 1
Lot Description
Level: 1
Other: 1
Fuel
Electric: 1
Gas (Natural): 1
View
City: 1
Heat
Heat Pump: 1
Community Amenities
Architect Restricted: 1
Elevator: 1
Security: 1
Sidewalks: 1
Other - See Remarks: 1
Dining Area
Breakfast Bar: 1
Eat-in Kitchen: 1
Kitchen/Dining Rm Co: 1
Living Rm/Dining Rm: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Cooktop: 1
Microwave: 1
Range: 1
Refrigerator: 1
Self Cleaning Oven: 1
Smoke Detector: 1
Other Rooms
Bedroom Main Level: 1
Great Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Exterior Features
Cable Available (TV Only): 1
Windows - Insulated: 1
Windows - Vinyl: 1
Misc Features
Internet Available: 1
Kitchen Island: 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
Fire Protection: 1
Grounds Maintenance: 1
Security: 1
Sewer: 1
Some Amenities: 1
Trash: 1
Water: 1
Other: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Other: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 416
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 095IA03701K
Geo Lat: 35.966048
Geo Lon: -83.918357
Status Change Info
Status Change Date: 2026-01-24
Property Features
Style: Contemporary; Historic
Construction: Block; Brick
Siding: Brick
Basement: None
Lot Description: Level; Other
Fireplace: None
Floors: Hardwood; Tile; Other
Fuel: Electric; Gas (Natural)
Heat: Heat Pump
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Gas Cooktop; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector
Sewer: Public Sewer
Water: Public
Other Rooms: Bedroom Main Level; Great Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Internet Available; Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Exterior Features: Cable Available (TV Only); Windows - Insulated; Windows - Vinyl
Dining Area: Breakfast Bar; Eat-in Kitchen; Kitchen/Dining Rm Co; Living Rm/Dining Rm
Community Amenities: Architect Restricted; Elevator; Security; Sidewalks; Other - See Remarks
Association Fee Incl: Association Ins; Building Exterior; Fire Protection; Grounds Maintenance; Security; Sewer; Some Amenities; Trash; Water; Other
Showing: See Agent Instructns
New Financing: Cash; Conventional; New Loan; Other
IDX
Listing Office: Gables & Gates, REALTORS
Office Phone: 865-777-9191
Last Updated: January - 26 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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