127 N Tryon Street #509, Charlotte, NC

The Ivey’s standing as a cornerstone of Charlotte’s architectural history offers a living experience defined by the scale of a bygone era. Originally established in 1924 as a landmark department store, the building was later adapted to house a boutique hotel and a limited collection of private residences. This particular offering, a 2,801-square-foot condominium resulting from the integration of two original units, represents a rare vertical footprint within the Fourth Ward submarket. The interior architecture is characterized by thirteen-foot ceilings and a continuous gallery of eleven-foot windows, providing a sense of volume seldom encountered in contemporary high-rise developments. Comprising two bedrooms and three bathrooms, the residence balances its 1955 construction origins with a layout reimagined for modern utility. In an Uptown market often saturated with glass-and-steel new construction, the enduring value of The Ivey lies in its established provenance and the security of a full-service concierge. Private viewings may be arranged through Peters & Associates.

About the home

Welcome to The Ivey, one of Charlotte’s most iconic landmarks. Originally built in 1924 as the historic J.B. Ivey & Company department store, this architectural treasure has been thoughtfully transformed into a place you'll be proud to call home. The upper floors now offer luxury condominium living with around-the-clock concierge service, while the lower levels feature more than 40 elegant hotel suites, often described as “where Paris meets Southern charm.” Rich in history yet designed for modern living, The Ivey delivers a lifestyle that is both sophisticated and timeless. With soaring ceilings, grand windows, and an unmistakable presence in the heart of Center City, ownership here is more than a residence, it is a statement of distinction. This one-of-a-kind residence was created by combining Units 509 and 510 into one expansive, nearly 3,000 square-foot home, delivering the kind of scale, style, and presence rarely found in Uptown Charlotte. The experience begins the moment you step inside. A dramatic sightline draws your eye across the home to towering 11-foot windows and soaring 13-foot ceilings spanning the entire back wall of the great room. Natural light pours through the space, illuminating the home's chic design while framing the ever-changing backdrop of Charlotte’s skyline and city life below. A Residence Designed to Live Large -Nearly 3,000 square feet created by combining two residences -Dramatic 13-foot ceilings and 11-foot windows -Expansive great room designed for entertaining -Striking custom fireplace -Sleek designer kitchen with custom cabinetry and abundant storage -Two deeded parking spaces in The Ivey’s private underground garage -Private attic storage The designer kitchen is sleek, modern, and beautifully executed with custom cabinetry and abundant storage. Just beyond, a cleverly designed laundry and utility room serves as the operational heart of the home, outfitted with matching custom cabinetry and concealed behind substantial custom pocket doors when not in use. A Study Today. A Bedroom Tomorrow. One of the home's most versatile spaces is the private study, complete with custom built-ins, its own fireplace, walk-in closet, and generous proportions. Currently designed as a sophisticated office/library, the room can easily be transformed back into a bedroom simply by adding doors, providing flexibility for an additional bedroom, guest suite, media room, or private home office. The primary suite is spacious and serene, featuring nearly floor-to-ceiling windows, a large walk-in closet, and a beautifully renovated bath. A spacious secondary suite offers an equally inviting retreat for family or guests, complete with a private ensuite bath and generous walk-in closet. The Ivey Lifestyle -Life here extends far beyond your front door. Residents enjoy: -24-hour concierge service -Fitness center and conference room -Private attic storage -Two deeded underground parking spaces -Discounts at the on-site hotel and restaurants -Direct access to Church & Union, Sophia’s Cocktail Lounge, and Monarch Market Some of Charlotte’s most sought-after dining, entertainment, and cultural destinations just steps away And perhaps the ultimate luxury? Never needing to leave the building. Historic. Sophisticated. Effortlessly cool. This is not simply a condo, it is one of Uptown Charlotte’s most exceptional residences. IMPORTANT TAX & VALUATION NOTE:?Units 509 and 510 have been physically combined to create this single residence; however, they remain separately identified in the tax records. Each unit has its own tax card and assessed value. Online searches and automated valuation estimates may display only Unit 509, without including the separate tax record and value associated with Unit 510. As a result, online estimates may not accurately reflect the entire combined residence, its nearly 3,000 square feet, renovations, or improvements.

Price in context

• Asking $411 per square foot.
• That is 9% below the $449 median across 409 active $1.5M+ homes in Charlotte.
• 360th highest asking price of 409 active $1.5M+ homes in Charlotte.
• 330th largest by living area of the 390 with a recorded size.
• Reduced $240,000 (17.3%) from the original $1,390,000 asking price.
• 134 days on the market, listed 2026-06-05.
• County tax assessment $572,610; the asking price is 2.01× the assessed value.
• HOA dues $1,611 (monthly).

Location

Neighborhood: Iveys Townhomes, Mecklenburg County, ZIP 28202.

Straight-line distances

• Uptown Charlotte: 0.1 mi
• Charlotte Country Club: 2.8 mi
• Wilson Air Center (private aviation, CLT): 5.2 mi
• SouthPark Mall: 5.3 mi
• Charlotte Douglas International Airport: 5.8 mi
• Quail Hollow Club: 8.3 mi

Features

Levels

One

Construction

Brick Partial, Glass, Hard Stucco, Synthetic Stucco

Bathrooms

2 full, 1 half

Basement

Basement Garage Door

Fireplace

Yes

Interior

Attic Other, Other - See Remarks

Flooring

Tile, Wood

Kitchen & appliances

Dishwasher, Disposal, Electric Cooktop, Exhaust Hood, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Washer/Dryer

Heating

Heat Pump

Cooling

Central Air

Garage

2 spaces

Parking

Assigned, Parking Garage

View

City

Community

Concierge, Elevator, Fitness Center

County

Mecklenburg

Comparable homes on the market

• 127 N Tryon Street #615, Charlotte — $2,925,000, 4 bd, 4,546 sq ft, also in Iveys Townhomes
• 229 N Church Street #403, Charlotte — $1,495,000, 3 bd, 2,583 sq ft, 0.1 mi away
• 139 Tryon Street, Charlotte — $2,600,000, 4 bd, 3,495 sq ft, 0.2 mi away
• 215 N Pine Street #3705, Charlotte — $1,199,000, 3 bd, 1,918 sq ft, 0.2 mi away
• 215 N Pine Street #4301/4302, Charlotte — $1,950,000, 3 bd, 2,736 sq ft, 0.2 mi away
• 515 N Poplar Street, Charlotte — $1,400,000, 3 bd, 3,068 sq ft, 0.3 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.