416 S Gay St 204
Knoxville, TN 37902 · Jc Penney Condo · Knox County
$939,000
$6,000 price cut · Aug 21
- Beds
- 2
- Baths
- 2
- Sq ft
- 1,456
- Acres
- 0.03
- Built
- 1905
Listing courtesy of Alliance Sotheby's International Realty · MLS #1350838
Description
Experience urban living at its finest in Unit 204 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.
Details
Home
- Type
- Residential · Condominium
- Style
- Other
- Year built
- 1905
- Living area
- 1,456 sq ft
- Bedrooms
- 2
- Bathrooms
- 2 full
Interior
- Rooms
- Laundry/Utility
- Flooring
- Tile, Hardwood
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
- Features
- Eat-in Kitchen, Breakfast Bar, Walk-In Closet(s)
- Also
- Washer/Dryer Connect, Walk-In Closet(s), Walk-in Shower, Wired for Internet
Exterior
- Construction
- Brick
- Architecture
- Historic
Land
- Lot size
- 0.03 acres
- Deed restrictions
- Yes
- Permitted use
- Permanent residence
Utilities
- Water
- Public
- Sewer
- Public sewer
- Heating
- Central, Heat Pump, Electric
Listing
- MLS #
- 1350838
- Status
- Active
- On market
- 83 days
- Listed
- Aug 6, 2026
Finances
- Property tax
- City + county
- Inside city limits
- HOA
- $463/mo
- Mandatory dues
- Price per sq ft
- $645
- 1,456 sq ft
Price history
- Aug 21, 2026
- Price cut
- $939,000 −$6,000
- Before
- Listed
- $945,000
Accepted
- Cash
- Conventional
- Second Mortgage
- New Loan
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Location
- Neighborhood
- Jc Penney Condo
- County
- Knox
- ZIP
- 37902
Drive times
- downtown Knoxville 5 min
- UT Medical Center 10 min
- McGhee Tyson Airport 25 min
- Pellissippi State 25 min
- Turkey Creek 25 min
- Maryville 30 min
- Douglas Lake 45 min
- Lenoir City 45 min
- ORNL 45 min
- Sevierville 45 min
- LaFollette 60 min
- Morristown 60 min
- Pigeon Forge 60 min
- Tellico Lake 60 min
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Listing courtesy of Alliance Sotheby's International Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1350838.