2004 Otter Creek Rd, Nashville, TN 37215, Nashville, 37215 - 4 bed, 4 bath
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Nashville, TN 37215
This property presents a High-Potential Investment Opportunity with a List Price of $3,000,000—positioned above the $2,826,500 Fair Market Value by -6%. Featuring a Condition Rating of 5, the existing 1968 structure serves as an open canvas for a custom luxury estate on a rare 4-acre lot. While the home requires significant modernization, the expansive land and prime Forest Hills location offer immense development upside. This is a strategic value-add acquisition ideal for Luxury Developers or Owner-Occupants seeking a premier Nashville building site.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2004 Otter Creek Rd Subject | $3,000,000* List Price | 4 | 4 | 3,717 | $760 | - |
A 2301 Chickering Ln Active | $2,890,000 List Price | 4 | 6 | 4,852 | $596 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968, this property is primarily marketed as an 'open canvas' for a new custom estate, suggesting the existing structure requires substantial modernization or rehabilitation to meet current luxury standards. Interior images reveal highly dated finishes, including 1970s-style wood paneling and older tile flooring. While the home appears maintained, the listing's emphasis on building a 'dream home' and the 'significant renovation needs' noted in the analysis indicate that the major systems and aesthetic components are at the end of their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 162043, living area = 3717.
Situated on nearly 4 acres in the prestigious Forest Hills area, this property offers rare privacy and a scenic, tree-lined setting just minutes from Radnor Lake and Green Hills.
The property serves as a premier 'open canvas,' providing a unique opportunity to build a custom luxury estate in one of Nashville's most sought-after residential corridors.
Given the 1968 construction and the 'open canvas' marketing, the existing structure likely requires substantial modernization or a complete rebuild to meet contemporary luxury standards.
With a list price of $2.9 million, the high cost of entry for what is essentially a land-value or major renovation project may limit the pool of prospective buyers.
Nestled in the sought-after Forest Hills area, 2004 Otter Creek Road offers a private, tree-lined setting with just under 4 acres just minutes from Green Hills, Brentwood, and Radnor Lake. Situated on a scenic stretch of Otter Creek Road, the property combines convenience with a peaceful residential atmosphere. You have an open canvas to build your very own dream home on one of the most desirable locations in Nashville. Maybe you prefer to live in this beautiful Mid-Century Modern home which features 4 bedrooms with a main floor nanny quarters and kitchenette. Easy access to Hillsboro Pike and a short drive to downtown Nashville make this an ideal location for those seeking both accessibility and natural surroundings.
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades 5-8 • 4.5 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,717 | 3,709.5 | 50% |
| Lot Size | 162,043 | 27,007 | 99% |
| Price | $3.00M | $1.12M | 81% |
| Price per sq ft | $807 | $366 | 93% |
| Built year | 1968 | 1978 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 758 | 1% |
Jun 6, 2026
$3,000,000
$3,200,000
-6% Price Drop
Initial Listing
Apr 5, 2026
$3,200,000
$2,900,000
+10% Price Increase
Initial Listing
Feb 23, 2026
$2,900,000
Initial Listing