$2,880,000 - Knoxville, TN
406 W Church Ave Knoxville, TN - Welcome to the Ely Building, a masterfully restored architectural gem that seamlessly blends historic charm with contemporary sophistication. This iconic property has been thoughtfully transformed into a stunning, light-filled space that offers both residential and commercial possibilities. The renovation introduced a striking steel staircase with open risers, serving as both a functional access point and a light well that channels natural light from the roof to the basement. This staircase is framed by a slatted white oak screen, creating a cohesive vertical design element that enhances the home's modern aesthetic while paying homage to its historic roots. Inside, the design strikes a perfect balance between elegance and warmth, featuring a refined palette of high-end materials. Wide plank white oak flooring with a natural finish, lacquered white cabinetry with white oak accents, and statuary marble backsplashes create a sophisticated yet timeless atmosphere. Carefully curated lighting and custom finishes add to the property's unique character. A newly designed rooftop terrace offers an exceptional outdoor retreat, ideal for entertaining or private relaxation, with sweeping views of the surrounding cityscape. The Ely Building's flexible layout allows for a variety of uses—it can serve as a luxurious single-family home, an upscale commercial space, or a hybrid of both, including short-term rental opportunities. The lower level, featuring three exterior access points, provides even more potential for creative configurations such as office space, retail, or a private guest suite. Additionally, the basement can be converted into two separate studio apartments, offering excellent income potential or additional living space. With its rich history, impeccable design, and unmatched versatility, the Ely Building is a rare opportunity to own a piece of architectural history while enjoying modern luxury. Don't miss your chance to experience this extraordinary property firsthand.