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
Documents
Listing Office:
Keller Williams Smoky Mountain
Last Updated: January - 07 - 2026
Information deemed reliable but not guaranteed.
TN Confirmation of Agency ›