416 S Gay St 302, Knoxville, TN 37902

New
$1,395,000
Property Type: Single Family Bedrooms: 2 Square Footage: 2,127 Status: Active
Current Price: $1,395,000 List Date: 6/05/2026 Last Modified: 6/05/2026

Overview

Description

Experience urban living at its finest in Unit 302 of the iconic JC Penney Building, located in the heart of downtown Knoxville's vibrant Historic Gay Street district. This beautifully appointed 2-bedroom, 2-full-bath residence blends historic character with modern comfort, offering an exceptional opportunity to own a piece of Knoxville's rich architectural heritage. Situated within one of downtown's most recognizable landmarks, the condo features soaring ceilings, expansive windows that fill the space with natural light, and an open-concept layout designed for both everyday living and entertaining. Historic architectural details are thoughtfully preserved, creating a unique atmosphere that reflects the building's storied past while providing the conveniences of contemporary living. Elevator access offers added convenience and easy accessibility to the residence. Located directly above Maple Hall, one of downtown Knoxville's premier boutique bowling and entertainment destinations, ...

Listing Details MLS# 1343537

Location Tax Legal Info

House #
416
St Dir
S
Street Name
Gay
St Suffix
St
State/Province
TN
Zip Code
37902
PIN #
095IA03701J
Subdivision
Jc Penney Condominium

Contract Info

Auction Y/N
No
Listing Price
1395000
Occupancy
Permanent Residence

General Property Description

Type
Other
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
2127
SqFt - Main Lvl
2127
# Bedrooms
2
Baths - Full
2
# of Rooms
5
Fireplace
No
Property Status
N/A
HOA
Mandatory
HOA Fee
677.36
HOA Freq
Monthly
HOA Contact
Realty Resource Systems
Year Built
1905
Bonus Room
No
Extra Storage
No
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2026-06-05

Location, Tax & Legal Info

Unit #
302
Area
Knox County - 1
Property Sub-Type
Condominium
City/County Code
City Limits
Total Tax
6313.74

Remarks & Misc

Directions
Public parking is available in the Promenade Garage directly behind the building as well as the nearby State Street Garage or Market Square garage.
Public Remarks
Experience urban living at its finest in Unit 302 of the iconic JC Penney Building, located in the heart of downtown Knoxville's vibrant Historic Gay Street district. This beautifully appointed 2-bedroom, 2-full-bath residence blends historic character with modern comfort, offering an exceptional opportunity to own a piece of Knoxville's rich architectural heritage. Situated within one of downtown's most recognizable landmarks, the condo features soaring ceilings, expansive windows that fill the space with natural light, and an open-concept layout designed for both everyday living and entertaining. Historic architectural details are thoughtfully preserved, creating a unique atmosphere that reflects the building's storied past while providing the conveniences of contemporary living. Elevator access offers added convenience and easy accessibility to the residence. Located directly above Maple Hall, one of downtown Knoxville's premier boutique bowling and entertainment destinations, the property places residents in the center of the city's dynamic energy while maintaining the privacy and comfort of an upscale residential retreat. Step outside your door and enjoy walkable access to Knoxville's premier restaurants, theaters, galleries, shops, and entertainment venues. Just moments from Market Square, the Tennessee Theatre, and the University of Tennessee campus, this location places the very best of downtown Knoxville within easy reach. Whether you're seeking a primary residence, a downtown retreat, or an investment opportunity, this unique find offers a rare combination of history, location, and urban sophistication in one of Knoxville's most sought-after addresses.

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Historic
Yes
Other
Yes

Construction

Brick
Yes
Other
Yes

Siding

Brick
Yes
Other
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Other
Yes

Basement

Other
Yes

Lot Description

Other
Yes

Fuel

Electric
Yes

View

City
Yes

Heat

Central
Yes
Heat Pump
Yes

Community Amenities

Elevator
Yes

Dining Area

Breakfast Bar
Yes
Kitchen/Dining Rm Co
Yes
Living Rm/Dining Rm
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Other Rooms

Laundry/Utility
Yes

Exterior Features

Windows - Insulated
Yes

Misc Features

Drapes
Yes
Pantry
Yes
Walk-in Shower
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Association Fee Incl

Association Ins
Yes
Building Exterior
Yes
Grounds Maintenance
Yes
Sewer
Yes
Water
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: Other Lot Description: Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Public Sewer Water: Public Other Rooms: Laundry/Utility Misc Features: Drapes; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Exterior Features: Windows - Insulated Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Elevator Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Sewer; Water Showing: See Agent Instructns New Financing: Cash; Conventional; New Loan
IDX
Listing Office: Alliance Sotheby's International Realty
Last Updated: June - 05 - 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.