
Nashville, TN 37220
This property presents a Strong Value Opportunity with a List Price of $995,500—positioned well below the $906,860 Fair Market Value by -9%. Featuring a Condition Rating of 6, this 1952-built residence is an Asset primarily valued for its expansive 1-acre lot in the prestigious Radnor Lake area. While the structure requires significant modernization, the location offers exceptional potential for a custom luxury build. This is an ideal acquisition for Speculative Developers or Custom Home Builders seeking a prime site in a high-end enclave.
Property is land value only, full reconstruction required.
Built in 1952 (>70 years old) with no mention of renovations; marketed as a prime opportunity for new construction and sold as-is, indicating value is primarily in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2624.
Situated in the prestigious Radnor Lake/Oak Hill area, the property offers exceptional surrounding values and close proximity to Green Hills, Brentwood, and Radnor Lake State Park.
With a generous one-acre lot in a high-demand neighborhood, this property serves as an ideal canvas for constructing a custom luxury residence or executing a major high-end renovation.
The 1952-built home is being sold in as-is condition, indicating that substantial capital investment for repairs, modernization, or a complete teardown will be necessary.
The property is located within the Radnor Lake Natural Impact Zone, which may impose strict environmental regulations and building constraints on future development or renovations.
1012 North Fleet Drive is situated in the prestigious Radnor Lake/Oak Hill area and presents a prime opportunity in one of Nashville’s most sought-after locations. Surrounded by mature trees and estate properties, this location offers a serene, private setting just minutes from Green Hills, Brentwood, and Radnor Lake State Park. The property is for someone seeking a premier location to possibly construct a custom luxury residence or renovate, with strong surrounding values supporting new construction. A rare chance to secure a property in an established, high-end neighborhood with exceptional potential. The house is being sold as-is. *The property is located within the Radnor Lake Natural Impact Zone* (Please call Will Blackburn for showings and questions)
No exterior & parking available.
Grades K-4 • 2.1 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,624 | 3,044.5 | 43% |
| Lot Size | 43,560 | 39,204 | 64% |
| Price | $995.5K | $750.0K | 64% |
| Price per sq ft | $379 | $359 | 66% |
| Built year | 1952 | 1968 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 696 | 2% |
May 20, 2026
$995,500
$1,100,000
-9% Price Drop
Initial Listing
Mar 25, 2026
$1,100,000
Initial Listing