#1308006, Listing office: Downtown Realty, Inc.
$775,000 List price
516 Riverfront Way Knoxville, TN 37915
2 beds
2 full, 1 partial
1,973 sqft
0.01 acres
$393 / sqft
Condo
Property details
About 516 Riverfront Way
Located in the heart of the Tennessee River and Downtown Waterfront District, this beautifully updated home offers incredible views through a dramatic wall of windows in the great room, bringing the outdoors in. The spacious great room also features gleaming hardwood floors (no carpet!) and a cozy gas fireplace — perfect for year-round enjoyment. The kitchen is equipped with granite countertops, a newer dishwasher (1 year old), and plenty of storage, while the updated bathrooms add a modern touch. Recent improvements include PEX plumbing, newer windows, a tankless water heater, neutral paint, and a brand new rear door leading to the new covered deck. The rescreened porch, covered deck, and patio provide multiple options for outdoor living, entertaining, and taking in the fabulous river views. Inside, the oversized laundry room boasts a new floor and extra storage space for added convenience. This move-in-ready gem combines location, updates, and waterfront charm — don't miss your chance to make it yours!
Highlights
Home typeCondominium
HeatingCentral, Natural Gas, Electric
StatusComing Soon
(Coming Soon - No Showings)
(Coming Soon - No Showings)
CoolingCentral Air
Size1,973 sqft
BasementYes
Lot size0.01 Acres
Year built1996
ParkingDetached
MLS #1309293
Garage1 space
FireplaceGas Log
ViewLake
Active DateJuly 22, 2025
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Tankless Water Heater, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Basement: Yes
- Flooring Type: Hardwood, Tile
- Interior: Walk-In Closet(s), Cathedral Ceiling(s), Eat-in Kitchen
- Fireplace: Gas Log
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached
- View: Lake
- Exterior: Prof Landscaped
- Architectural Style: Contemporary
- Heating: Central, Natural Gas, Electric
- Cooling: Central Air
- List Price: $775,000
- Price/SqFt: $392
- HOA Amount: $450 Monthly
- Annual Tax Amount: $3,336
- Tax Year: 2023
- Lot: Level
- Directions: Traveling south on Gay St, just before Gay St Bridge, take a left onto Hill Ave. The gated Riverside Condominium development is located on the right directly across from the Women's Basketball Hall of Fame. If traveling east on Neyland Dr, please take the Hall of Fame Dr exit, turn right at the first light and then left at the second light onto Hill Ave. The development is on the right. A gate code is needed in order to enter the development. Garage & parking lot spaces are assigned and visitor parking is available to the left of the eastern end of the development.
- Year Built: 1996
- Living Area: 1,973 SqFt
- Lot Size: 0.01 Acres
- MLS Number: 1309293
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Slyman Real Estate
- Office Phone: (865) 862-6161
- Office Email: laura@slymanrealestate.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
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Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 23, 2016 | Home Sold | $335,100 |
| Mar 02, 2009 | Home Sold | $319,000 |
| Jan 10, 2001 | Home Sold | $236,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $82,800 | $3,336 |
| 2022 | $82,800 | $3,336 |
| 2020 | $80,400 | $3,942 |
| 2019 | $80,400 | $3,684 |
| 2017 | $80,400 | $3,684 |
History based on county public records data.
Nearby schools
7
South Knox Elementary School
Public District PK-5
0.3 mi
•801 Sevier Ave
2
Green Magnet Academy
Public Magnet KG-5
0.5 mi
•801 Lula Powell Dr
5
Dogwood Elementary School
Public District PK-5
1.2 mi
•705 Tipton Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,500. The most common annual income of people living in Knoxville, TN is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is masters degree.
How much money do the neighbors make?
17%
<35k
50%
35k-100k
29%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
0%
Single, with Kids
38%
Married, No Kids
0%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
0%
<11 yrs old
0%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
40%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Soccer
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Forever 21
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Dominos Pizza
White Castle
What do the neighbors drive?
Toyota
Mazda
Chevrolet
What do the neighbors listen to?
Adult Hits- Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 Riverfront Way
The listing price of 516 Riverfront Way property is $775,000.
The property 516 Riverfront Way is a condo located in Knoxville, Tennessee, 37915.
Coming Soon: 516 Riverfront Way is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 516 Riverfront Way are: South Knox Elementary School (GreatSchools Rating 7/10), Green Magnet Academy (GreatSchools Rating 2/10), Dogwood Elementary School (GreatSchools Rating 5/10), Vine Magnet Middle School (GreatSchools Rating 2/10), Emerald Academy (GreatSchools Rating 4/10), South-Doyle Middle School (GreatSchools Rating 4/10), L N STEM Academy (GreatSchools Rating 9/10), Fulton High School (GreatSchools Rating 3/10), Austin-East Magnet High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,336 (source: MLS/based on county public records data).
The last sale was on September 23, 2016 for $335,100 (source: MLS/tax record).
The property at 516 Riverfront Way has 2 bedrooms and 2 full and 1 half bathrooms.
The property 516 Riverfront Way is 1,973 SqFt (source: MLS/tax record).
The year of construction for 516 Riverfront Way is 1996.
This home is located at 516 Riverfront Way in Knoxville, TN and zip code 37915 in the Riverside neighborhood. This 1,973 square foot home, which was built in 1996, sits on a 0.01 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $775,000.
Knoxville, TN housing market in June 2025 saw over 126 listings sold above listed price, more than 181 sold at listed price and over 344 sold below. The inventory of homes for sale in Knoxville, TN between May and June 2025 decreased by 5.4%. In June 2025 median list price was $388,575 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.