406 W Church Avenue, Knoxville, TN 37902

$2,789,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 6,480 Lot Size (sq. ft.): 2,309 Status: Active
Current Price: $2,789,000 List Date: 10/24/2025 Last Modified: 1/07/2026

Description

Welcome to The Ely Building, a masterfully restored architectural treasure where historic character meets modern sophistication. This iconic property has been reimagined into a stunning, light-filled masterpiece offering endless possibilities for luxurious living, upscale commercial use, or a dynamic blend of both. At the heart of the design is a dramatic steel staircase with open risers, encased by a slatted white oak screen that channels natural light from the roof to the lower level—an artful fusion of form and function that connects each floor with grace and purpose. Inside, every detail has been thoughtfully curated to balance warmth and refinement. Wide plank white oak floors, sleek lacquered cabinetry accented with natural wood, and statuary marble backsplashes create a timeless aesthetic enhanced by custom lighting and bespoke finishes. A newly designed rooftop terrace crowns the space, offering an extraordinary retreat with sweeping city views—perfect for entertaining or quiet moments above the bustle. The Ely Building's flexible layout opens the door to countless opportunities, from a sophisticated single-family residence to an elegant office, boutique retail space, or short-term rental. The lower level, with three separate entrances, invites creative use as private offices, a guest suite, or two potential studio apartments for added income or extended living space. With its impeccable design, rich history, and exceptional versatility, The Ely Building is more than a property—it's a rare opportunity to own a piece of architectural artistry, blending the soul of the past with the luxury of the present.

More Information MLS# 308828

Location, Tax, and Legal

New Construction YN: No Restrictive Covenants YN: No Zoning: DK-G Zoning Entity: Knoxville Parcel Number: 094LG03001 Tax Lot: . Tax Annual Amount: 28058.3 Tax Year: 2024

Contract Information

Auction YN: No Owner Name: Kristy Wu Listing Agreement: Exclusive Right To Sell Occupancy: Either Association YN: No Current Price: $2,789,000 Original List Price: 2930000 List Price: $2,789,000 Status: Active Listing Contract Date: 2025-10-23

General Property Information

Stories Total: 2 Lot Size Acres: 0.053 Lot Size Source: Public Records Above Grade Finished Area: 4300 Below Grade Finished Area: 2180 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Fireplace YN: Yes Bonus Room YN: No List Price/SqFt: 430.4 Living Area: 6480 Bedrooms Total: 4 Bathrooms Total: 3 Bathrooms Full: 2 Year Built: 1900

Remarks and Miscellaneous

Public Remarks: Welcome to The Ely Building, a masterfully restored architectural treasure where historic character meets modern sophistication. This iconic property has been reimagined into a stunning, light-filled masterpiece offering endless possibilities for luxurious living, upscale commercial use, or a dynamic blend of both. At the heart of the design is a dramatic steel staircase with open risers, encased by a slatted white oak screen that channels natural light from the roof to the lower level—an artful fusion of form and function that connects each floor with grace and purpose. Inside, every detail has been thoughtfully curated to balance warmth and refinement. Wide plank white oak floors, sleek lacquered cabinetry accented with natural wood, and statuary marble backsplashes create a timeless aesthetic enhanced by custom lighting and bespoke finishes. A newly designed rooftop terrace crowns the space, offering an extraordinary retreat with sweeping city views—perfect for entertaining or quiet moments above the bustle. The Ely Building's flexible layout opens the door to countless opportunities, from a sophisticated single-family residence to an elegant office, boutique retail space, or short-term rental. The lower level, with three separate entrances, invites creative use as private offices, a guest suite, or two potential studio apartments for added income or extended living space. With its impeccable design, rich history, and exceptional versatility, The Ely Building is more than a property—it's a rare opportunity to own a piece of architectural artistry, blending the soul of the past with the luxury of the present. Directions: Henley St downtown to Church Ave. Property located between Walnut and Market St

Status Change Information

Status Change Timestamp: 2025-10-23 Major Change Timestamp: 2026-01-07T14:10:20Z Major Change Type: Price Reduced Price Change Timestamp: 2026-01-07T14:10:20Z

Appliances

Dishwasher: 1 Disposal: 1 Electric Range: 1 Electric Water Heater: 1 Microwave: 1 Self Cleaning Oven: 1

Architectural Style

Historical: 1

Basement

Finished: 1 Walk-Out Access: 1

Construction Materials

Brick: 1

Cooling

Central Air: 1

Documents

Lead Based Paint Disclosure: 1 TN Confirmation of Agency: 1 TN Prop Residential Condition Disc or Ex: 1

Fireplace Features

Fireplaces Total: 2 Masonry: 1 Wood Burning Stove: 1 Other: 1

Flooring

Hardwood: 1

Heating

Central: 1

Interior Features

Breakfast Bar: 1 Formal Dining: 1 Kitchen Island: 1 Kitchen/Dining Combo: 1 Soaking Tub: 1 Solid Surface Counters: 1 Walk-In Closet(s): 1 Walk-In Shower(s): 1

Laundry Features

Electric Dryer Hookup: 1 Laundry Room: 1 Washer Hookup: 1

Levels

Three Or More: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

City Lot: 1

Parking Features

On Street: 1

Patio And Porch Features

Patio: 1 Other: 1

Possession

Close Of Escrow: 1

Road Frontage Type

City Street: 1

Road Surface Type

Paved: 1

Security Features

Security System: 1

Sewer

Public Sewer: 1

Utilities

Internet Available: 1

Water Source

Public: 1

Window Features

Insulated Windows: 1

Showing Requirements

Appointment Only: 1 See Remarks: 1

Location Tax and Legal

Street Number: 406 Street Direction Prefix: W Street Name: Church Street Suffix: Avenue County: Knox State: TN Zip Code: 37902 Property Sub Type: Single Family Residence MLS Area Major: Knoxville Subdivision Name: None

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave; Self Cleaning Oven Architectural Style: Historical Basement: Finished; Walk-Out Access Construction Materials: Brick Cooling: Central Air Documents: Lead Based Paint Disclosure; TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex Fireplace Features: Masonry; Wood Burning Stove; Other Flooring: Hardwood Heating: Central Interior Features: Breakfast Bar; Formal Dining; Kitchen Island; Kitchen/Dining Combo; Soaking Tub; Solid Surface Counters; Walk-In Closet(s); Walk-In Shower(s) Laundry Features: Electric Dryer Hookup; Laundry Room; Washer Hookup Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: City Lot Parking Features: On Street Patio And Porch Features: Patio; Other Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Paved Security Features: Security System Sewer: Public Sewer Utilities: Internet Available Water Source: Public Window Features: Insulated Windows Showing Requirements: Appointment Only; See Remarks
Listing Office: Keller Williams Smoky Mountain
Last Updated: January - 07 - 2026
Information deemed reliable but not guaranteed.