116 Zola Alley Unit 32A, Nashville, TN 37209, Nashville, 37209 - 3 bed, 3 bath
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116 Zola Alley Unit 32A
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,511Sq Ft
0Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$559,482
SUMMARY
This Modern Luxury Condominium is a High-Potential Investment Opportunity, listed at $575,000—positioned above the $559,483 Fair Market Value. While currently priced slightly above market, the property offers a unique financial advantage through a 5.49% FHA interest rate incentive. Featuring a 2026 Mint Condition Rating, this unit includes a private outdoor living deck, quartz countertops, and upgraded KitchenAid appliances. This low-maintenance lifestyle asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, turnkey residence in Nashville’s vibrant The Nations neighborhood.
Estimated Market Value
$559,482
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Zola Alley Unit 32A Subject 3 bd · 3 ba · 2,511 sqft · $223 | $575,000* List Price | 3 | 3 | 2,511 | $223 | - |
A 828 42nd Ave N Sold 3 bd · 3 ba · 2,511 sqft · $219 · 0.0 mi | $549,000 | 3 | 3 | 2,511 | $219 | 0.0 mi |
B 824 42nd Ave N Sold 3 bd · 3 ba · 2,532 sqft · $217 · 0.0 mi | $549,000 | 3 | 3 | 2,532 | $217 | 0.0 mi |
C 342 Hutcherson Aly Sold 4 bd · 4 ba · 2,161 sqft · $264 · 0.0 mi | $570,000 | 4 | 4 | 2,161 | $264 | 0.0 mi |
D 120 Zola Aly Active 3 bd · 3 ba · 2,532 sqft · $237 · 0.0 mi | $599,000 List Price | 3 | 3 | 2,532 | $237 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a brand-new construction property (2026) in mint condition. It features a modern kitchen with quartz countertops and upgraded KitchenAid appliances, designer-appointed bathrooms, and all-new mechanical systems (HVAC/Electric) that require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Attractive Financing Incentives
The availability of a 5.49% FHA interest rate through the builder's mortgage company provides a significant financial advantage, lowering monthly payments in a high-rate environment.
- Spacious New Construction
Offering 2,511 square feet of modern living space with high-end KitchenAid appliances and quartz countertops, this 2026 build provides the rare combination of scale and luxury in an urban setting.
- Low-Maintenance Urban Lifestyle
The HOA covers all exterior maintenance, landscaping, and insurance, allowing residents to enjoy community amenities like a dog park and fire pit without the burden of traditional home upkeep.
CONSRISKS & DEFICIENCIES
- Extended Completion Timeline
With a 2026 completion date, buyers face a significant wait before occupancy and must adhere to a strict closing deadline to qualify for promotional financing.
- Lack of Immediate Visual Certainty
Marketing relies on representational photos of similar floorplans rather than the actual unit, which may lead to minor discrepancies between buyer expectations and the finished product.
About 116 Zola Alley Unit 32A
Buyers can take advantage of FHA 5.49% (6.27% APR) when financing with Toll Brothers Mortgage Company. The home must close by 12/18/26 for the promotion. Funds are limited - inquire today. Experience luxury, low-maintenance living in the heart of The Nations! This beautifully designed EmmyLou loft condo by Toll Brothers features a spacious, open-concept layout with a stunning kitchen showcasing quartz countertops, upgraded KitchenAid appliances, and designer finishes throughout. Enjoy three bedrooms, a luxurious primary suite with dual walk-in closets, a private outdoor living deck, and an attached garage. Community amenities include a fire pit, dog park, picnic area with grills, and bike racks! Enjoy truly low-maintenance living with an HOA that covers landscaping, lawn care, irrigation, trash pickup, community amenities, and exterior building insurance and maintenance. Enjoy the convenience of city living without the hassle of exterior upkeep, all in one of Nashville's most desirable neighborhoods! For more information about our current incentives and to learn more about the community, please contact our on-site consultant today. Experience the best of urban living in Nashville's The Nations neighborhood. Photos are of a similar floorplan and for representational purposes only. Sales office is open daily.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2026
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $245 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,511 | 1,009.514 |
| Lot Size | - | 871 |
| Price | $575.0K | $347.6K |
| Price per sq ft | $229 | $343 |
| Built year | 2026 | 2007 |
| HOA | $245 | $334 |
| Days on market | 12 | 92 |
Pricing History
Listed for Sale
Oct 12, 2026
$575,000
Initial Listing