
Nashville, TN 37208
This property presents a High-Potential Investment Opportunity with a List Price of $1,174,999—positioned above the $1,083,017 Fair Market Value. While currently priced at a premium, the property offers a Mint Condition Rating and is a Turnkey Short-Term Rental asset. Featuring DTC Zoning, NOO STR eligibility, and a Rooftop Deck with Skyline Views, it provides immediate income potential. This is an ideal acquisition for Buy-and-Hold Investors seeking a high-performing, fully furnished Nashville asset with proven rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037C Scovel St Subject | $1,174,999* List Price | 4 | 4 | 2,133 | $508 | - |
A 1313 5th Ave N 2 Sold | $1,060,000 | 3 | 5 | 2,245 | $472 | 0.5 mi |
B 1037C Scovel St Active | $1,197,000 List Price | 4 | 4 | 2,133 | $561 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 5 years old and in mint, turnkey condition. The kitchen features modern high-end stainless steel appliances, stone countertops, and contemporary designer finishes. All systems (HVAC/Electric) are nearly new, and the interior shows no signs of wear, requiring zero maintenance.
Zoned DTC with NOO STR eligibility, this property offers a rare and highly lucrative opportunity for non-owner occupied short-term rental income in Nashville's competitive market.
The property is sold fully furnished with stylish decor and existing bookings, providing an immediate, seamless revenue stream for investors seeking a plug-and-play asset.
A private rooftop deck featuring sweeping views of the Nashville skyline and Capitol building serves as a premium amenity that significantly boosts rental appeal and property value.
With 128 days on market, the property may face perception challenges regarding its current list price relative to shifting market demand for high-end short-term rentals.
Classified as a Stock Cooperative, this less common ownership structure can complicate traditional financing options and potentially limit the pool of eligible buyers.
Welcome to the Velvet Spur! This 4-bedroom, 4-bath designer retreat presents a rare opportunity to own a commercially zoned, high-performing short-term rental in the heart of Nashville. Zoned DTC with NOO STR eligibility, the property is currently operating as a successful Airbnb and offers exceptional flexibility—continue running it as a high-yield investment or enjoy it as a luxury personal residence in the city. Ideally located less than two miles from Broadway and The Gulch and just minutes from Germantown, the home provides easy access to Nashville’s best dining, nightlife, and entertainment. Inside, three levels of thoughtfully designed interiors feature spacious en-suite bedrooms, modern finishes, and a layout perfectly suited for hosting (and sleeping 12!). Additional highlights include a two-car garage and a rooftop deck with sweeping views of the Capitol and downtown skyline—an ideal space for entertaining or relaxing under the city lights. Being sold fully furnished with stylish décor and high-end finishes, this property is completely turnkey. All future bookings transfer to the new owner, providing immediate income potential, and a pro forma is available upon request for buyers seeking a strong performing Nashville STR.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,133 | - |
| Lot Size | 871 | - |
| Price | $1.17M | $654.3K |
| Price per sq ft | $551 | $311 |
| Built year | 2020 | 0 |
| HOA | $265 | $0 |
| Days on market | 135 | 339 |
Mar 10, 2026
$1,174,999
Initial Listing