
Nashville, TN 37205
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,450,000, which aligns with the $1,450,000 Fair Market Value. Featuring a Good Condition Rating with a 2012 renovation and 2015 roof, the home offers immediate functionality alongside significant redevelopment potential. The expansive 21,344 sqft lot allows for a custom estate build or a potential lot consolidation. Located in prestigious Belle Meade with walkability to Parmer Park, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime land-banking asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 Bellevue Dr S Subject | $1,450,000* List Price | 3 | 2 | 2,370 | $612 | - |
A 310 Lynnwood Blvd Sold | $1,250,000 List Price | 3 | 3 | 2,496 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1958, the property underwent a significant update in 2012 (12 years ago) and received a new roof in 2015. It is described as a functional, move-in ready residence, fitting the 5-15 year renovation window for a 'Good' rating, despite being marketed for its high land value and redevelopment potential.
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 one of Nashville’s most prestigious neighborhoods, this property offers rare walkability to local landmarks like Parmer Park, Sperry’s, and the Belle Meade Winery.
The rare opportunity to acquire the adjacent lot allows for the creation of a significant 8,100-square-foot estate, a unique prospect in a high-demand, established area.
The lack of a current survey and the necessity for independent verification of zoning and lot consolidation may complicate the initial phases of development for a buyer.
With 75 days on the market, the property may be facing pricing pressure or limited demand for its current configuration relative to the $1.45M asking price.
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 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,370 | - |
| Lot Size | 21,344 | - |
| Price | $1.45M | $556.8K |
| Price per sq ft | $612 | $306 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 87 | 484 |
Apr 13, 2026
$1,450,000
Initial Listing