1830 Lincoya Bay Dr, Nashville, TN 37214, Nashville, 37214 - 2 bed, 3 bath
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1830 Lincoya Bay Dr
Nashville, TN 37214
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,129Sq Ft
436Lot Size
Property Price
LIST PRICE$300,000
EST. MARKET VALUE
$256,687
16% AboveMARKET VALUE
SUMMARY
This townhome represents a High-Potential Investment Opportunity, listed at $300,000—positioned above the $256,688 Fair Market Value by 16%. While the price reflects a premium, the property features a new HVAC system and a functional layout with dual primary suites, earning a Condition Rating of 3. Its proximity to Percy Priest Lake and the airport drives strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, commuter-friendly residence near Nashville.
Estimated Market Value
$256,687
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 |
|---|---|---|---|---|---|---|
★ 1830 Lincoya Bay Dr Subject 2 bd · 3 ba · 1,129 sqft · $227 | $300,000* List Price | 2 | 3 | 1,129 | $227 | - |
A 3535 Bell Rd 103 Sold 2 bd · 3 ba · 1,130 sqft · $221 · 0.3 mi | $250,000 | 2 | 3 | 1,130 | $221 | 0.3 mi |
B 196 Lakebrink Dr Sold 2 bd · 3 ba · 1,270 sqft · $212 · 0.9 mi | $269,000 | 2 | 3 | 1,270 | $212 | 0.9 mi |
C 1758 Lincoya Bay Dr Active 2 bd · 3 ba · 1,130 sqft · $273 · 0.1 mi | $309,000 List Price | 2 | 3 | 1,130 | $273 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (18 years old), the property falls within the 10-20 year range for well-maintained, functional homes. The kitchen and bathrooms feature original oak cabinetry and laminate counters which are dated but in good condition. The listing highlights a new HVAC system, and the interior appears move-in ready, despite a minor drywall patch needed in the bathroom.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Recreational & Commuter Location
Situated just 5 minutes from Elm Hill Marina at Percy Priest Lake and 10 minutes from Nashville International Airport, this property offers exceptional convenience for both outdoor enthusiasts and frequent travelers.
- Investor-Friendly Layout
The floor plan features two bedrooms each equipped with private full bathrooms and generous closet space, making it an ideal setup for rental opportunities or roommate-living arrangements.
- Recent Mechanical Upgrades
The inclusion of a brand-new HVAC system provides significant immediate value and peace of mind, reducing the likelihood of major capital expenditures for the new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 536.
- Extended Days on Market
With nearly 500 days on the market, the property may face challenges regarding buyer perception or pricing alignment relative to current market competition.
- Underperforming School District
The assigned middle and high schools carry lower performance ratings (4 and 3 respectively), which may limit the property's appeal to families prioritizing top-tier educational environments.
About 1830 Lincoya Bay Dr
**INVESTORS WELCOME**Charming townhome just 5 minutes to Elm Hill Marina on beautiful Percy Priest lake! 10 minutes to many restaurants, shopping and Nashville International Airport. New HVAC! 20 minutes to downtown Nashville. Both bedrooms with full baths and lots of closet space. Wonderful, established community nestled just outside the city with all the convenience of living in the city.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2006
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $262 / Month
Neighborhood Insights
Nashville Unified Schools
Ruby Major Elementary School
Grades K-4 • 2.5 mi
6/10
Donelson Middle School
Grades 5-8 • 2.6 mi
4/10
Mcgavock Comp High School
Grades 9-12 • 4.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,129 | 1,551.684 |
| Lot Size | 436 | 871 |
| Price | $300.0K | $365.8K |
| Price per sq ft | $266 | $238 |
| Built year | 2006 | 2003 |
| HOA | $262 | $260 |
| Days on market | 516 | 83 |
Pricing History
Listed for Sale
May 26, 2025
$300,000
Initial Listing