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54 photos

$799,900

116 S Gay St 1009, Knoxville, TN 37902
Knoxville, TN 37902
Listed by Shannon McCarthy · Realty Executives Associates
Bedrooms
3
Bathrooms
2
Living area
N/A
Year built
1920

About this home

RARE DOWNTOWN KNOXVILLE PENTHOUSE WITH SKYLINE & SMOKY MOUNTAIN VIEWS--3 BEDROOMS UNDER $1 MILLION! Opportunities like this don't come along every day! Experience elevated urban living from this exceptional 10th-floor penthouse in the historic Sterchi Lofts, nestled in Knoxville's vibrant Arts District. Offering 3 bedrooms, 2 full baths, and a distinctive blend of historic industrial charm and modern artistic style, this residence is truly one of a kind! Exposed brick, expansive windows, and a custom Tennessee-themed mural by a local artist create a sophisticated yet trendy atmosphere, complemented by spectacular views of the downtown skyline and Great Smoky Mountains. Enjoy game-day fireworks from the comfort of your own home! Step outside and immerse yourself in the energy of downtown Knoxville, with Market Square, the Old City, World's Fair Park, the Tennessee Theatre, acclaimed restaurants, rooftop bars, shopping, nightlife, and entertainment all within walking distance. The University of Tennessee, Neyland Stadium, and Thompson-Boling Arena at Food City Center are nearby, making this an exceptional option for students, young professionals, a primary residence, or a second home for enjoying Tennessee game weekends. Residents also enjoy a private rooftop deck with breathtaking city views, ideal for entertaining and watching holiday fireworks, along with a 24/7 fitness center. With three bedrooms--a rare find in downtown Knoxville--this penthouse offers an extraordinary combination of character, convenience, and lifestyle. BEST OF ALL, THIS EXCEPTIONAL RESIDENCE IS OFFERED FURNISHED AND MOVE-IN READY, SO YOU CAN START ENJOYING THE DOWNTOWN KNOXVILLE LIFESTYLE TODAY! DISCOVER KNOXVILLE. LIVE ABOVE THE ORDINARY. THE CITY IS AT YOUR DOORSTEP. THE VIEWS ARE ABOVE IT ALL. WELCOME HOME TO STERCHI LOFTS! (Buyer to verify all information)

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1360192
Property type
Condominium
Subdivision
Sterchi Lofts Condos Unit 1009
Status
Active
Days on market
1
On market date
October 27, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.03 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Green Magnet Math And Science Academy
0.48 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
330
Student:teacher ratio
10.6:1
District
Knox County
Middle
Vine Middle/Magnet
0.94 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
447
Student:teacher ratio
10.2:1
District
Knox County
High
L N STEM Academy
0.38 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
574
Student:teacher ratio
15.1:1
District
Knox County

Walkability

Blended score for Knoxville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks20
Schools19
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Knoxville, from live MLS data.

On the market 1 days -- 72 fewer days than Knoxville's current average of 73 days.
For reference, the median list price across 2,197 active listings in Knoxville right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,967/mo
$159,980 down
$639,920 loan
Principal & interest$4,151
Property tax (est.)$667
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.