416 S Gay St 303, Knoxville, TN 37902 (MLS# 1327534)

416 S Gay St 303, Knoxville, TN 37902

$1,150,000

Virtual Tour

https://my.matterport.com/show/?m=g9QxSNQjcy7

Property Type: Single Family Bedrooms: 2 Square Footage: 1,761 Lot Size (sq. ft.): 1,742 Status: Closed

Current Price: $1,150,000 List Date: 1/24/2026 Last Modified: 2/27/2026

Overview

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.

Listing Details MLS# 1327534

Location Tax Legal Info

House #: 416
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 095IA03701K

Contract Info

Auction Y/N: No
Listing Price: 1150000

General Property Description

Type: High Rise
Acres: 0.04
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 1761
SqFt - Main Lvl: 1761
# Bedrooms: 2
Baths - Full: 2
# of Rooms: 6
Fireplace: No
Property Status: N/A
HOA: Mandatory
HOA Fee: 504.32
HOA Freq: Monthly
Year Built: 1905
Bonus Room: No
Extra Storage: Yes
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
Basement: No

Status Change Info

Status Change Date: 2026-02-27
Under Contract Date: 2026-02-06
Sold Date: 2026-02-26

Location, Tax & Legal Info

Unit #: 303
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 5384.48

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.

More Information

Atchd/Dtchd Type

Attached: Yes

Style

Contemporary: Yes
Historic: Yes

Construction

Block: Yes
Brick: Yes

Siding

Brick: Yes

Fireplace

None: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Hardwood: Yes
Tile: Yes
Other: Yes

Garage/Parking

On-Street Parking: Yes
Other: Yes

Basement

None: Yes

Lot Description

Level: Yes
Other: Yes

Fuel

Electric: Yes

View

City: Yes

Heat

Heat Pump: Yes

Community Amenities

Architect Restricted: Yes
Elevator: Yes
Security: Yes
Sidewalks: Yes
Other - See Remarks: Yes

Dining Area

Breakfast Bar: Yes
Eat-in Kitchen: Yes
Kitchen/Dining Rm Co: Yes
Living Rm/Dining Rm: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Cooktop: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Smoke Detector: Yes

Other Rooms

Bedroom Main Level: Yes
Great Room: Yes
Laundry/Utility: Yes
Mstr Bdrm Main Level: Yes

Exterior Features

Cable Available (TV Only): Yes
Windows - Insulated: Yes
Windows - Vinyl: Yes

Misc Features

Internet Available: Yes
Kitchen Island: Yes
Pantry: Yes
Walk-in Shower: Yes
Walk-In Closet(s): Yes
Washer/Dryer Connect: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Association Fee Incl

Association Ins: Yes
Building Exterior: Yes
Fire Protection: Yes
Grounds Maintenance: Yes
Security: Yes
Sewer: Yes
Some Amenities: Yes
Trash: Yes
Water: Yes
Other: Yes

New Financing

Cash: Yes
Conventional: Yes
New Loan: Yes
Other: Yes

Showing

See Agent Instructns: Yes

Property Features

Style: Contemporary; Historic Construction: Block; Brick Siding: Brick Basement: None Lot Description: Level; Other Fireplace: None Floors: Hardwood; Tile; Other Fuel: Electric 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

Listing Office: Gables & Gates, REALTORS

IDX

Office Phone: 865-777-9191

Last Updated: February - 27 - 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.