$1,625,000
Knoxville, TN 37902
MLS# 1300859
Status: Closed
3 beds | 2512 sqft
1 / 30
Property Description
Welcome to the iconic, historic J.C. Penney building. This meticulously designed 3-bedroom, 2-bathroom condo is fully furnished and move-in ready. Featuring hardwood floors, exposed brick walls, original beams, and original shutters. The shuffleboard table is excluded. The kitchen features stainless steel appliances, granite countertops, and an open-concept dining area. The owner's suite features a walk-in closet, an owner's closet, and gorgeous French doors. The primary bathroom features a tiled walk-in shower, double vanity, and a soaker tub. The unbeatable location on Gay St. is centrally located near the Theatre District, Market Square, and Old City, offering endless dining and entertainment options without the commute. Short-term rentals are not permitted. Resident parking is available in the Promenade Garage directly behind the building ($40/month, not included in HOA fees). Public street and State St. Effective year 2000, year built 1905. Garage parking available at an additional $40 month. Make Downtown Knoxville your new lifestyle and schedule your showing today.
Details
Contract Info
Auction Y/N: No
Occupancy: Either
Listing Price: 1650000
Current Price: $1,625,000
Status: Closed
Listing Date: 2025-05-13
Location, Tax & Legal Info
Unit #: 301
Area: Knox County - 1
Property Sub-Type: Condominium
City/County Code: City Limits
Total Tax: 9040.3
General Property Description
Type: Other
# Bedrooms: 3
Acre Source: Tax Records
# of Rooms: 7
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 719.4
HOA Freq: Monthly
HOA Contact: Realty Resource Systems
Property Status: N/A
SqFt - Main Lvl: 0
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 2512
Baths - Full: 2
Year Built: 2000
Remarks & Misc
Directions: From I 40 East take Exit 388A. Use right lane to take Summit Hill Exit. Right onto East Summit Hill Drive. Left onto Gay Street. Building will be on your left.
Public Remarks: Welcome to the iconic, historic J.C. Penney building. This meticulously designed 3-bedroom, 2-bathroom condo is fully furnished and move-in ready. Featuring hardwood floors, exposed brick walls, original beams, and original shutters. The shuffleboard table is excluded. The kitchen features stainless steel appliances, granite countertops, and an open-concept dining area. The owner's suite features a walk-in closet, an owner's closet, and gorgeous French doors. The primary bathroom features a tiled walk-in shower, double vanity, and a soaker tub. The unbeatable location on Gay St. is centrally located near the Theatre District, Market Square, and Old City, offering endless dining and entertainment options without the commute. Short-term rentals are not permitted. Resident parking is available in the Promenade Garage directly behind the building ($40/month, not included in HOA fees). Public street and State St. Effective year 2000, year built 1905. Garage parking available at an additional $40 month. Make Downtown Knoxville your new lifestyle and schedule your showing today.
Atchd/Dtchd Type
Attached: 1
Style
Other: 1
Construction
Block: 1
Brick: 1
Siding
Brick: 1
Fireplace
None: 1
Cooling
Central Cooling: 1
Floors
Hardwood: 1
Garage/Parking
Off-Street Parking: 1
On-Street Parking: 1
Other: 1
Basement
None: 1
Lot Description
Zero Lot Line: 1
Fuel
Electric: 1
View
Other: 1
Heat
Central: 1
Community Amenities
Elevator: 1
Security: 1
Dining Area
Kitchen/Dining Rm Co: 1
Living Rm/Dining Rm: 1
Other: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Self Cleaning Oven: 1
Smoke Detector: 1
Tankless Water Heater: 1
Washer: 1
Other Rooms
Great Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Exterior Features
Windows - Wood: 1
Misc Features
Drapes: 1
Dry Bar: 1
Elevator: 1
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Whirlpool Tub: 1
Wired for DSL: 1
Wired for Internet: 1
Sewer
Public Sewer: 1
Water
Public: 1
Association Fee Incl
All Amenities: 1
Association Ins: 1
Building Exterior: 1
Fire Protection: 1
Security: 1
Sewer: 1
Trash: 1
Water: 1
New Financing
Cash: 1
Conventional: 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 #: 095IA03701H
Geo Lat: 35.966076
Geo Lon: -83.918356
Status Change Info
Status Change Date: 2025-09-12
Under Contract Date: 2025-08-14
Sold Date: 2025-09-12
Sold Price: $1,625,000
Property Features
Style: Other
Construction: Block; Brick
Siding: Brick
Basement: None
Lot Description: Zero Lot Line
View: Other
Fireplace: None
Floors: Hardwood
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Tankless Water Heater; Washer
Sewer: Public Sewer
Water: Public
Other Rooms: Great Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Drapes; Dry Bar; Elevator; Internet Available; Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Whirlpool Tub; Wired for DSL; Wired for Internet
Exterior Features: Windows - Wood
Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm; Other
Community Amenities: Elevator; Security
Association Fee Incl: All Amenities; Association Ins; Building Exterior; Fire Protection; Security; Sewer; Trash; Water
Showing: See Agent Instructns
New Financing: Cash; Conventional
IDX
Listing Office: Alliance Sotheby's International
Office Phone: 865-357-3232
Last Updated: September - 12 - 2025
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.