
Nashville, TN 37217
This property presents a High-Potential Investment Opportunity with a List Price of $355,000—positioned well below the $369,905 Fair Market Value by 4%. This valuation gap offers $14,905 in Instant Equity for buyers. Featuring a Fair Condition Rating (4/10), the home requires cosmetic updates and system overhauls, yet offers a 14,810 sqft lot and spacious patio. While school ratings are modest, the property is an ideal value-add asset for Buy-and-Hold Investors or Contractors seeking significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2536 Edge O Lake Dr Subject | $355,000* List Price | 4 | 2 | 2,075 | $178 | - |
A 2437 Rychen Dr Sold | $370,000 | 4 | 2 | 2,066 | $179 | 0.1 mi |
B 251 Sailboat Dr Sold | $396,000 | 3 | 2 | 1,977 | $200 | 0.5 mi |
C 460 Rural Hill Rd Sold | $271,000 | 3 | 2 | 1,700 | $159 | 0.7 mi |
D 2048 Ransom Pl Sold | $399,900 | 3 | 2 | 2,024 | $198 | 1.0 mi |
E 2946 Anderson Rd Active | $0 List Price | 4 | 2 | 2,075 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the home is functional but dated. The kitchen features original cabinetry that has been painted, older laminate countertops, and a missing dishwasher. While the bathroom shows some newer tile work, the vanity and fixtures remain dated. The property is move-in ready but requires significant cosmetic updates and likely system overhauls due to its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2075.
With a list price of $355,000 for over 2,000 square feet, this property offers a highly competitive price-per-square-foot for a four-bedroom home in the Nashville market.
The 1965 brick exterior provides timeless curb appeal and structural longevity, situated within the well-established and quiet Edge-O-Lake Estates community.
The assigned middle and high schools carry a rating of 2/10, which may limit the property's appeal to education-focused families and impact long-term resale velocity.
Given the 1965 construction date, the home may require near-term capital expenditures for updating major mechanical systems or cosmetic features to meet modern buyer expectations.
Charming brick home nestled in a well-established community, offering timeless curb appeal and a welcoming atmosphere. The light-filled interior features neutral tones throughout, creating a bright and airy feel that's ready for your personal touch. Step outside to the spacious patio overlooking the backyard—an ideal setting for relaxing, entertaining, or enjoying outdoor living year-round.
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 1.6 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,075 | 1,941 | 63% |
| Lot Size | 14,810 | 12,850 | 56% |
| Price | $355.0K | $352.5K | 50% |
| Price per sq ft | $171 | $199 | 37% |
| Built year | 1965 | 1970 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 343 | 2% |
Jun 11, 2026
$355,000
Initial Listing