
Nashville, TN 37205
This Belle Meade Residential Asset represents a High-Potential Investment Opportunity, listed at a List Price of $1,450,000, which aligns with its $1,450,000 Fair Market Value. Featuring a Condition Rating of 3, the property offers immediate move-in utility while providing significant Development Potential through its expansive 21,344 sqft lot. With the ability to accommodate a 4,800 sqft custom build or a combined 8,100 sqft estate, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to capitalize on prime land value in a prestigious Nashville enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 Bellevue Dr S Subject | $1,440,000* List Price | 3 | 2 | 2,370 | $608 | - |
A 6001 Sedberry Rd Active | $1,299,000 List Price | 3 | 3 | 2,200 | $590 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1958, the property underwent an update in 2012 (12 years ago) and a roof replacement in 2015 (9 years ago). The interior, specifically the bathroom, shows dated styling but appears well-maintained and functional. Per the criteria for a 5-15 year old renovation, the home is move-in ready and functional, despite being marketed for its significant land value and redevelopment potential in Belle Meade.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 2370.
Situated in the prestigious Belle Meade neighborhood, this property offers rare walkability to local landmarks including Parmer Park, Sperry’s, and the Belle Meade Winery.
The lot size supports a new build of approximately 4,800 sqft, with a unique opportunity to combine with the adjacent lot for a massive 8,100 sqft estate residence.
The absence of a current survey and the necessity for independent verification of zoning and lot consolidation rules create additional hurdles for immediate development.
While the elementary schools are well-rated, the assigned high school has a lower rating of 4, which may be a concern for families prioritizing the public school system.
First Showings Saturday! Rare offering in Belle Meade with endless possibilities. While offered separately and owned by different sellers, there are two adjacent properties presenting a seldom-seen opportunity for buyers seeking land in one of Nashville’s most desirable neighborhoods (114 Bellevue Dr S and 116 Bellevue Dr S/ both on mls). Whether purchasing a single lot to build a custom home or exploring the possibility of acquiring both properties, opportunities like this are increasingly rare in Belle Meade.The existing home is a charming one-level residence situated on the higher-elevation side of a quiet street. Updated in 2012, with a new roof installed in 2015, the property offers the flexibility to move in, renovate, or build new. Although no current survey is available, preliminary discussions with the City of Belle Meade suggest this lot may accommodate a new home of approximately 4,800 square feet including a garage, and room for a pool. Should a buyer also acquire the neighboring property, there may be potential to combine the lots and create a larger estate residence of approximately 8,100 square feet. This is a great little quiet street in Belle Meade proper with walkability to Parmer Park, Belle Meade winery, Sperry's and Roze Pony. Buyers should independently verify all zoning, lot consolidation, and building requirements with the City of Belle Meade.
No exterior & parking available.
Grades K-4 • 1.6 mi
Grades K-4 • 3.4 mi
Grades 5-8 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,370 | 2,093.129 |
| Lot Size | 21,344 | 10,890 |
| Price | $1.44M | $568.3K |
| Price per sq ft | $608 | $307 |
| Built year | 1958 | 1971 |
| HOA | $0 | $137 |
| Days on market | 149 | 69 |
Jul 17, 2026
$1,440,000
$1,450,000
-1% Price Drop
Initial Listing
Apr 13, 2026
$1,450,000
Initial Listing