
Nashville, TN 37211
This Versatile Single Family Residence is a Strong Value Opportunity, listed at $440,000—positioned well below the $444,237 Fair Market Value by 0.95%. This valuation gap offers $4,237 in Instant Equity. Featuring a Modernized Interior and a 12,632 sqft Corner Lot, the property provides significant flexibility for expansion. While school ratings are modest, the home’s move-in ready status and proximity to Nashville amenities make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 163 Elkmont Dr Subject | $430,000* List Price | 4 | 2 | 1,322 | $325 | - |
A 3604 Sabre Dr Sold | $362,000 | 3 | 1 | 1,181 | $307 | 0.3 mi |
B 266 Tanksley Ave Sold | $470,000 | 3 | 2 | 1,589 | $296 | 0.7 mi |
C 3314 Mimosa Dr Active | $415,000 List Price | 3 | 1 | 1,313 | $316 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1953, the interior shows a comprehensive modern renovation likely completed within the last 5 years. The kitchen features updated shaker-style cabinetry, stone countertops, and stainless steel appliances. The home is move-in ready with updated flooring and fixtures throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1322.
The property features a flexible bonus room that can easily function as a fourth bedroom, home office, or studio, providing the adaptability highly sought after by modern buyers.
Situated on a generous 12,632 sqft corner lot, the home offers superior privacy, ample outdoor space for gardening or entertaining, and significant potential for future structural enhancements.
The assigned middle and high schools carry lower performance ratings (3 and 2 respectively), which may be a concern for families prioritizing academic rankings.
Built in 1953, the property may require updates to major systems or cosmetic renovations to compete with newer inventory, as suggested by its 59 days on market.
Welcome to this charming and versatile home located at 163 Elkmont Dr in Nashville. Situated on a spacious corner lot, this property offers both functionality and room to grow. Featuring 3 bedrooms and 2 full bathrooms, this home also includes a flexible bonus space that can easily serve as a fourth bedroom, home office, or creative studio—perfect for today’s lifestyle needs. The expansive corner lot provides added privacy, extra outdoor space, and endless possibilities for entertaining, gardening, or future enhancements. Whether you’re looking for comfort, flexibility, or room to make it your own, this property delivers. Conveniently located with easy access to Nashville amenities, this home is an excellent opportunity for homeowners and investors alike.
No exterior & parking available.
Grades K-4 • 0.4 mi
Grades 5-8 • 0.2 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,322 | - |
| Lot Size | 12,632 | - |
| Price | $430.0K | $556.8K |
| Price per sq ft | $325 | $306 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 97 | 484 |
Jun 25, 2026
$430,000
$440,000
-2% Price Drop
Initial Listing
Apr 17, 2026
$440,000
Initial Listing