realty-smokies

406 W Church Avenue, Knoxville, TN 37902

$2,689,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 6,480 Lot Size (sq. ft.): 2,309 Status: Active
Current Price: $2,689,000 List Date: 10/24/2025 Last Modified: 3/03/2026

Overview

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.

Listing Details MLS# 308828

General Property Information

Stories Total
2
Lot Size Acres
0.053
Lot Size Source
Public Records
Living Area
6480
Above Grade Finished Area
4300
Below Grade Finished Area
2180
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Garage YN
No
Fireplace YN
Yes
Year Built
1900
Bonus Room YN
No
List Price/SqFt
414.97
Garage Spaces
0

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

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

Contract Information

Original List Price
2930000
Listing Contract Date
2025-10-23
Auction YN
No
Owner Name
Kristy Wu
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

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

Major Change Timestamp
2026-03-03T14:54:30Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-03-03T14:54:30Z
Status Change Timestamp
2025-10-23

More Information

Fireplace Features

Fireplaces Total
2
Masonry
Yes
Wood Burning Stove
Yes
Other
Yes

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

Appliances

Dishwasher
Yes
Disposal
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Self Cleaning Oven
Yes

Architectural Style

Historical
Yes

Basement

Finished
Yes
Walk-Out Access
Yes

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Documents

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

Flooring

Hardwood
Yes

Heating

Central
Yes

Interior Features

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

Laundry Features

Electric Dryer Hookup
Yes
Laundry Room
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

City Lot
Yes

Parking Features

On Street
Yes

Patio And Porch Features

Patio
Yes
Other
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Security Features

Security System
Yes

Sewer

Public Sewer
Yes

Utilities

Internet Available
Yes

Water Source

Public
Yes

Window Features

Insulated Windows
Yes

Showing Requirements

Appointment Only
Yes
See Remarks
Yes
Listing Office: Keller Williams Smoky Mountain
Last Updated: March - 03 - 2026
Information deemed reliable but not guaranteed.