
Nashville, TN 37217
Analysis of 244 Franklin Limestone Rd, Nashville, TN 37217 is currently available with a list price of $888,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Originally built in 1938, the property has received a partial interior renovation featuring a modern kitchen with a large island and updated LVP flooring. However, the overall structure shows significant age with dated exterior siding, cracked concrete, and older upper-level finishes. The presence of window AC units suggests the HVAC systems may not be fully modernized throughout the multiple living structures, placing it in the 'Fair' category due to the need for further system updates and minor repairs consistent with an 80+ year old estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 194278, living area = 3016.
The property features a main residence with a separate apartment and a detached studio, offering exceptional flexibility for multigenerational living or rental income.
Situated on 4.46 private acres just minutes from Nashville International Airport, the estate provides rare seclusion and abundant outdoor space within a major metropolitan area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3016, other record living area = 2056. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Originally built in 1938, the main structure may necessitate ongoing maintenance or modernization to align with contemporary building standards and efficiency.
The unique combination of off-grid structures and specialized workshop spaces may limit the buyer pool to those specifically seeking a non-traditional residential setup.
Tucked away on 4.46 private acres just 9 minutes from Nashville International Airport, this one-of-a-kind estate is unlike anything else on the market. From the road, you'd never imagine the incredible versatility waiting beyond the trees. The property features a spacious main residence currently configured as a 3-bedroom, 2-bath home plus a separate 2-bedroom, 1-bath apartment, making it ideal for multigenerational living, rental income, or guest accommodations. A massive 3,000± sq. ft. metal shop with a car lift is perfect for collectors, hobbyists, contractors, or business owners, while the 24x48 detached garage includes a finished studio and half bath, offering endless possibilities for creative space, a home office, or additional guest quarters. At the back of the property, a charming off-grid cottage powered by solar energy with a composting toilet creates a truly unique retreat. Enjoy unmatched privacy, abundant outdoor space, and the rare opportunity to own a property that blends residential living, workshop space, income potential, and self-sufficient living—all just minutes from downtown Nashville and BNA. Properties with this level of flexibility and character rarely become available. Come experience it for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,016 | 2,093.129 |
| Lot Size | 194,278 | 10,890 |
| Price | $888.0K | $568.3K |
| Price per sq ft | $294 | $307 |
| Built year | 1938 | 1971 |
| HOA | $0 | $137 |
| Days on market | 48 | 69 |
Aug 26, 2026
$888,000
$899,900
-1% Price Drop
Initial Listing
Jul 23, 2026
$899,900
Initial Listing
Apr 6, 1996
$50,000
Public Record