
Nashville, TN 37207
This Turnkey Cottage represents a Strong Value Opportunity, listed at $245,000—positioned well below the $298,904 Fair Market Value by 18%. This valuation gap offers $53,904 in Instant Equity for qualified buyers. Boasting an Excellent Condition Rating and built in 2019, this home features modern finishes, a water filtration system, and a serene backyard with fruit trees. Subject to income-based restrictive covenants, this property is an ideal, affordable sanctuary for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2501 Vista Ln Subject | $245,000* List Price | 4 | 2 | 1,296 | $231 | - |
A 3072 Gwynnwood Dr Sold | $250,000 | 3 | 2 | 1,077 | $232 | 0.4 mi |
B 3072 Gwynnwood Dr Sold | $250,000 | 3 | 2 | 1,077 | $232 | 0.4 mi |
C 3072 Gwynnwood Dr Sold | $250,000 | 3 | 2 | 1,077 | $232 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is only 7 years old, placing it well within the 'Excellent' category. The kitchen and bathrooms feature modern finishes and appliances in mint condition, and the overall structure and systems require no maintenance.
Built in 2019, this one-level cottage features contemporary construction, a water filtration system, and included appliances, making it a turnkey option for first-time buyers.
Priced at $245,000 for a 4-bedroom home with easy access to downtown Nashville, this property offers a rare and highly competitive entry-level price point.
The property backs up to nature and is enhanced with a fire pit, established vegetable garden, fruit trees, and a large storage shed, providing a functional and serene outdoor retreat.
The home is restricted to owner-occupants with household incomes below 80% of the Area Median Income (AMI), which excludes investors and a significant portion of the market.
A restrictive covenant remains in effect until 2039, which limits the pool of future buyers and may impact the property's long-term appreciation potential.
Adorable cottage with easy access to downtown Nashville! One level living! This home offers a covered walk on front porch, 4 bedrooms, 2 full bathrooms, eat-in kitchen, water filtration system, designated backyard space for your fur babies, large storage shed for tools and extra belongings, cozy fire pit area, established vegetable garden and fruit trees, refrigerator and washer/dryer conveys, nature is your backyard neighbor, community playground and green space available to residents for their enjoyment, nearby restaurants, 15 minutes from Opry Mills Mall, 20 minutes from BNA. Perfect starter home! ***OWNER OCCUPANCY ONLY - NO INVESTORS. The home is subject to a restrictive covenant requiring 1) owner occupancy and 2) purchase by a household with income below 80% of Area Median Income (AMI) at the time of purchase. Any future sale or transfer of the property until October 2039 remains subject to the restrictions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,296 | 1,450 | 34% |
| Lot Size | 6,534 | 8,712 | 26% |
| Price | $245.0K | $375.0K | 28% |
| Price per sq ft | $189 | $231 | 31% |
| Built year | 2019 | 1970 | 91% |
| HOA | $47 | $0 | 87% |
| Days on market | 30 | 358 | 1% |
May 15, 2026
$245,000
Initial Listing