Renaissance Terrace

Renaissance Terrace is an Independent Living Home in Tennessee

Renaissance Terrace is an Independent Living Home in Tennessee

Renaissance Terrace

215 Bearden Pl, Knoxville, TN 37917 View Map

Renaissance Terrace is an Independent Living Home in Tennessee

Renaissance Terrace is an Independent Living Home in Tennessee

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Overview of Renaissance Terrace

Renaissance Terrace is a senior living provider in Knoxville, Tennessee, that offers residents Assisted Living and Nursing Homes. It is a high-quality facility and a very affordable option for the community’s seniors. 

The care facility has 24 furnished rooms on two floors, each with a private bath. Two rooms are slightly larger to accommodate couples. This assisted living facility has offered care for older people at an affordable rate since 2008. 

Home Information RENAISSANCE TERRACE
  • Occupancy trails most facilities in the state, suggesting excess open capacity. The facility operates with a larger bed count than most state competitors, supporting broader intake. Residents tend to stay here longer than similar facilities across the state.

  • Home revenue sits below most peers, indicating modest billing throughput. Payroll costs fall below most facilities, hinting at lean staffing budgets. Total income mirrors statewide norms, reflecting a balanced margin profile.

  • Medicare nights lag behind other facilities, revealing limited Medicare demand. Medicaid nights fall below most peers, pointing to lighter Medicaid reliance. Private pay nights trail most peers, signaling limited market-rate volume.

Occupancy
Beds
130
Occupancy
32.0%
Total Bed Days Available
47450
Avg. Length of Stay
154 days
Finance
Home Revenue
$4,335,277.00
Payroll Costs
$1,872,858.00
Profit
$-292,306.00
Total Costs
$474,831.00
House Specifics:
CCN
445223
Owner Name
SHARPE, WILLIAM
Rural vs. Urban
Urban
County
ROANE
Type of Control
Proprietary — Other
Operations
Total Admissions
83
Total Discharges
100
% Medicaid Admissions
2%
% Medicare Admissions
31%
% Private Pay Admissions
66%
% Medicaid Discharges
8%
% Medicare Discharges
30%
% Private Pay Discharges
62%
Medicaid, Medicare & Private
Medicare Nights Info Number of resident nights paid by Medicare for short-term or rehab care.
10923
Medicaid Nights Info Resident nights covered by Medicaid for long-term care or support services.
534
Free Market Nights Info Nights paid privately by residents or families, without Medicare/Medicaid coverage.
3897

Community Stability & Environment

  • Walk Score Info Walk Score in senior living communities measures how easy it is for residents to access essential services and amenities—like grocery stores, parks, pharmacies, and transit—without needing a car. 74 / 100 Very Walkable
    Most errands can be accomplished on foot. Many essentials within a short walk. Strong sidewalk network and safe crossings. Car useful but not necessary for daily life.

What does this home offer?

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Total Residents: 24

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Pets Allowed: Yes, Pets Allowed

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Housing Options: Private Rooms

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Building Type: Mid-rise

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Total Residents

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Transportation Services

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Fitness and Recreation

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Types of Care at Renaissance Terrace

Assisted Living Nursing Home
Contact Renaissance Terrace

Places of interest near Renaissance Terrace

Address 1.3 miles from city center

Address 215 Bearden Pl, Knoxville, TN 37917

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About the Neighborhood About the Neighborhood

Knoxville offers programs through its Parks and Recreation Department. The O'Connor Senior Center is a large, active hub. World's Fair Park downtown offers flat walking paths and fountains.

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Comparison Chart

Compare Independent Living around Knoxville
Community
Type of Care
Location
Bed Options
Bed #
Pets Allowed
BBB Score
Walk Score
Home Owner
CCN
Occupancy
Home Revenue
Renaissance Terrace
AL

For seniors needing help with daily tasks but not full-time nursing.

IL

For self-sufficient seniors seeking community and minimal assistance.

MC

Specialized care for those with Memory Loss, Alzheimer’s, or dementia, ensuring safety and support.

SNF

24/7 care needed

Knoxville
Private Rooms
130
Yes
N/A
74
SHARPE, WILLIAM
445223
32.0%
$4,335,277.00
Holiday Echo Ridge
AL

For seniors needing help with daily tasks but not full-time nursing.

IL

For self-sufficient seniors seeking community and minimal assistance.

Knoxville
Studio / 1 Bed / 2 Bed
N/A
Yes
N/A
41
N/A
N/A
N/A
N/A
Park Place of Fountain City
IL

For self-sufficient seniors seeking community and minimal assistance.

Knoxville
Studio / 1 Bed / 2 Bed
N/A
Yes
N/A
57
N/A
N/A
N/A
N/A
Sherrill Hills Retirement Resort
IL

For self-sufficient seniors seeking community and minimal assistance.

Knoxville
Studio / 1 Bed / 2 Bed
N/A
Yes
N/A
43
N/A
N/A
N/A
N/A
Meadow View Senior Living Community
AL

For seniors needing help with daily tasks but not full-time nursing.

IL

For self-sufficient seniors seeking community and minimal assistance.

MC

Specialized care for those with Memory Loss, Alzheimer’s, or dementia, ensuring safety and support.

SNF

24/7 care needed

Clinton
Studio / Alcove / 1 Bed
N/A
Yes
N/A
21
N/A
N/A
N/A
N/A

Claim What’s Yours: Financial Aid for Tennessee Seniors

Program
State Program Name
Eligibility
Benefits
CHOICES Program
  • General: Age 65+ or disabled, Tennessee resident, Medicaid-eligible, nursing home-level care need.
  • Income Limits (2025): ~$2,829/month (300% FBR, individual).
  • Asset Limits: $2,000 (individual), $3,000 (couple).
  • TN Specifics: Managed care model; high rural demand.
  • Services: Personal care (5-7 hours/day), respite (240 hours/year), adult day care ($65/day), home modifications ($1,500 avg.).
Tennessee Options for Community Living
  • General: Age 60+, Tennessee resident, at risk of nursing home.
  • Income Limits: ~$2,000/month (individual, varies).
  • Asset Limits: $5,000 (individual).
  • TN Specifics: Limited funding; rural/urban balance.
  • Services: In-home care (3-5 hours/week), respite (up to 10 days/year), transportation (~5 trips/month).
Medicare Savings Program (MSP)
Tennessee Medicare Savings Program
Official government program page
  • General: Age 65+ or disabled, TN resident, Medicare Part A/B.
  • Income Limits (2025): ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.
  • Asset Limits: $9,430 (individual), $14,130 (couple).
  • TN Specifics: Three tiers; includes Extra Help for Part D; no waitlist.
  • Services: Covers Part B premiums ($174.70/month), deductibles ($240/year), copays (~20%).
Low-Income Home Energy Assistance Program (LIHEAP)
Tennessee LIHEAP
  • General: Age 60+ prioritized, TN resident, low-income household.
  • Income Limits (2025): ~$3,970/month (individual, 185% FPL).
  • Asset Limits: Not assessed; income-focused.
  • TN Specifics: Covers gas, electric, propane; emergency aid available.
  • Services: Heating/cooling aid ($300-$1,000/season), emergency aid ($500 max).
Family Caregiver Support Program (FCSP)
Tennessee Family Caregiver Support Program
Official government program page
  • General: Caregivers of 60+ needing care or 55+ caregivers of others; TN resident; functional needs (2+ ADLs).
  • Income Limits (2025): No strict cap; prioritizes low-income (~$24,980/year).
  • Asset Limits: Not assessed; need-based.
  • TN Specifics: Includes grandparent caregivers; high rural demand.
  • Services: Respite (4-6 hours/week or 5 days/year), adult day care ($60/day), training, supplies (~$500/year).
Senior Community Service Employment Program (SCSEP)
  • General: Age 55+, unemployed, low-income, TN resident.
  • Income Limits (2025): ~$1,983/month (125% FPL).
  • Asset Limits: Not specified; income-focused.
  • TN Specifics: Priority for veterans, rural residents; AARP/Goodwill partnership.
  • Services: Paid training (~20 hours/week at ~$7.25/hour), job placement.
VA Aid and Attendance (A&A) and Housebound Benefits
Tennessee VA Aid and Attendance/Housebound
  • General: Age 65+ or disabled veteran/spouse, TN resident, wartime service, need for ADL help (A&A) or homebound.
  • Income Limits (2025): Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.
  • Asset Limits: ~$155,356 (net worth limit).
  • TN Specifics: High veteran population; supports rural/urban care needs.
  • Services: Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living).
Elderly Nutrition Program
Tennessee Elderly Nutrition Program
Official government program page
  • General: Age 60+, TN resident; no income limit but prioritizes low-income.
  • Income Limits (2025): None; donations encouraged.
  • Asset Limits: Not assessed.
  • TN Specifics: Serves ~50,000 annually; 200+ congregate sites plus Meals on Wheels.
  • Services: Congregate meals ($5-$7/meal value) at senior centers, home-delivered meals ($5-$7/meal).
Property Tax Relief Program
Tennessee Property Tax Relief Program
Official government program page
  • General: Age 65+, TN resident, homeowner/renter (or widow/er 50+, disabled 18+).
  • Income Limits (2025): ~$45,000/year (household, excludes half of Social Security).
  • Asset Limits: Not assessed; income-focused.
  • TN Specifics: Rebates up to $1,000; serves ~100,000 annually.
  • Services: Tax rebates (~$250-$1,000 based on income; e.g., $1,000 if income < $8,000).

Claim What’s Yours Financial Aid for Tennessee Seniors

TN Medicaid CHOICES

CHOICES Program

Requirements:
  • General:
    Age 65+ or disabled, Tennessee resident, Medicaid-eligible, nursing home-level care need.
  • Income Limits (2025):
    ~$2,829/month (300% FBR, individual).
  • Asset Limits:
    $2,000 (individual), $3,000 (couple).
  • TN Specifics:
    Managed care model; high rural demand.
Benefits without Contact:
  • Services: Personal care (5-7 hours/day), respite (240 hours/year), adult day care ($65/day), home modifications ($1,500 avg.).
TN Options

Tennessee Options for Community Living

Requirements:
  • General:
    Age 60+, Tennessee resident, at risk of nursing home.
  • Income Limits:
    ~$2,000/month (individual, varies).
  • Asset Limits:
    $5,000 (individual).
  • TN Specifics:
    Limited funding; rural/urban balance.
Benefits without Contact:
  • Services: In-home care (3-5 hours/week), respite (up to 10 days/year), transportation (~5 trips/month).
Tennessee Medicare Savings Program

Medicare Savings Program (MSP)

Requirements:
  • General:
    Age 65+ or disabled, TN resident, Medicare Part A/B.
  • Income Limits (2025):
    ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.
  • Asset Limits:
    $9,430 (individual), $14,130 (couple).
  • TN Specifics:
    Three tiers; includes Extra Help for Part D; no waitlist.
Benefits without Contact:
  • Services: Covers Part B premiums ($174.70/month), deductibles ($240/year), copays (~20%).
Tennessee LIHEAP

Low-Income Home Energy Assistance Program (LIHEAP)

Requirements:
  • General:
    Age 60+ prioritized, TN resident, low-income household.
  • Income Limits (2025):
    ~$3,970/month (individual, 185% FPL).
  • Asset Limits:
    Not assessed; income-focused.
  • TN Specifics:
    Covers gas, electric, propane; emergency aid available.
Benefits without Contact:
  • Services: Heating/cooling aid ($300-$1,000/season), emergency aid ($500 max).
Tennessee Family Caregiver Support Program

Family Caregiver Support Program (FCSP)

Requirements:
  • General:
    Caregivers of 60+ needing care or 55+ caregivers of others; TN resident; functional needs (2+ ADLs).
  • Income Limits (2025):
    No strict cap; prioritizes low-income (~$24,980/year).
  • Asset Limits:
    Not assessed; need-based.
  • TN Specifics:
    Includes grandparent caregivers; high rural demand.
Benefits without Contact:
  • Services: Respite (4-6 hours/week or 5 days/year), adult day care ($60/day), training, supplies (~$500/year).
Tennessee SCSEP

Senior Community Service Employment Program (SCSEP)

Requirements:
  • General:
    Age 55+, unemployed, low-income, TN resident.
  • Income Limits (2025):
    ~$1,983/month (125% FPL).
  • Asset Limits:
    Not specified; income-focused.
  • TN Specifics:
    Priority for veterans, rural residents; AARP/Goodwill partnership.
Benefits without Contact:
  • Services: Paid training (~20 hours/week at ~$7.25/hour), job placement.
Tennessee VA Aid and Attendance/Housebound

VA Aid and Attendance (A&A) and Housebound Benefits

Requirements:
  • General:
    Age 65+ or disabled veteran/spouse, TN resident, wartime service, need for ADL help (A&A) or homebound.
  • Income Limits (2025):
    Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.
  • Asset Limits:
    ~$155,356 (net worth limit).
  • TN Specifics:
    High veteran population; supports rural/urban care needs.
Benefits without Contact:
  • Services: Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living).
Tennessee Elderly Nutrition Program

Elderly Nutrition Program

Requirements:
  • General:
    Age 60+, TN resident; no income limit but prioritizes low-income.
  • Income Limits (2025):
    None; donations encouraged.
  • Asset Limits:
    Not assessed.
  • TN Specifics:
    Serves ~50,000 annually; 200+ congregate sites plus Meals on Wheels.
Benefits without Contact:
  • Services: Congregate meals ($5-$7/meal value) at senior centers, home-delivered meals ($5-$7/meal).
Tennessee Property Tax Relief Program

Property Tax Relief Program

Requirements:
  • General:
    Age 65+, TN resident, homeowner/renter (or widow/er 50+, disabled 18+).
  • Income Limits (2025):
    ~$45,000/year (household, excludes half of Social Security).
  • Asset Limits:
    Not assessed; income-focused.
  • TN Specifics:
    Rebates up to $1,000; serves ~100,000 annually.
Benefits without Contact:
  • Services: Tax rebates (~$250-$1,000 based on income; e.g., $1,000 if income < $8,000).

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