416 S Gay St 303, Knoxville, TN 37902

New Listing
$1,150,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,761 Lot Size (sq. ft.): 1,742 Status: Active
Current Price: $1,150,000 List Date: 1/24/2026 Last Modified: 1/24/2026

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, 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. The living room television conveys 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 MLS# 1327534

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, 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. The living room television conveys 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
Listing Office: Gables & Gates, REALTORS
IDX
Office Phone: 865-777-9191
Last Updated: January - 24 - 2026
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