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406 W Church Avenue, Knoxville, TN 37902

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For Sale

$2,930,000

4 beds • 2 baths • 1 half baths • 6,480 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $452.16
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Amenities

Explore this Property

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.
MLS# 308828

Courtesy Of Smoky Mountain Partners

(865) 999-8601

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio, Basement, Security System, Security System
  • Appliances
    Dishwasher, Microwave
  • Architecture Style
    Historical
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood
  • Lot Size
    0.05 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 406 W Church Avenue, Knoxville, TN 37902

Home seller CENTURY 21 Legacy

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CENTURY 21 Legacy

(865) 966-2121
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Copyright © 2025 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.