
Nashville, TN 37205
This 55+ Community Condominium represents a High-Potential Investment Opportunity, listed at $515,000—positioned above the $497,104 Fair Market Value by 3%. While priced slightly above market, the property features a Condition Rating of 4, boasting significant mechanical upgrades including a 2023 HVAC and 2026 water heater. Residents enjoy a Heated Saltwater Pool and Private Fenced Backyard with scenic green space views. This low-maintenance lifestyle is ideal for Downsizing Retirees or Owner-Occupants seeking a turnkey, amenity-rich residence in a prime Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 263 Cana Cir Subject 3 bd · 2 ba · 1,620 sqft · $300 | $499,000* List Price | 3 | 2 | 1,620 | $300 | - |
A 513 Loyola Dr Active 3 bd · 2 ba · 1,444 sqft · $298 · 0.1 mi | $429,900 List Price | 3 | 2 | 1,444 | $298 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 40 years old (built 1986) and features a highly dated kitchen and bathrooms with original oak cabinetry and laminate countertops that need modern updates. However, the home is exceptionally well-maintained and move-in ready, boasting excellent mechanical and structural updates including a new HVAC (2023), new water heater (2026), fresh paint, and a new roof scheduled for late 2026.
The property features significant mechanical and cosmetic improvements, including a 2023 HVAC system, fresh interior paint, and a scheduled new roof for 2026, ensuring lower immediate maintenance costs for the buyer.
Located in a highly desirable senior community, the home offers a low-maintenance lifestyle with an HOA that covers exterior upkeep and provides access to a heated saltwater pool, clubhouse, and social events.
Situated in the 37205 zip code, the residence provides exceptional convenience with close proximity to Percy Warner Park, major retail hubs like Green Hills, and top-tier medical facilities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1817.
The $450 monthly association fee represents a significant recurring expense that may impact the budget of buyers on a fixed income, despite the comprehensive services included.
Built in 1986, the property may feature original architectural elements or layout constraints typical of its vintage that might require further modernization to meet contemporary aesthetic preferences.
NEW PRICE — NOW $499,000! RARE OPPORTUNITY IN A DESIRABLE 55+ COMMUNITY! ~Largest, sought-after floor plan offering spacious One-Level Living with 2 Separate Living Areas, Private Fenced Backyard & Oversized 2-Car Garage! ~Enjoy a rarely found setting overlooking expansive common green space with a beautiful tree-lined backdrop. ~Flexible floor plan offers a separate area ideal for guests, home office or hobbies. ~Classic Brick Front, Glass Entry Doors, Bay Window, Vaulted Den Ceiling & Abundant Storage. ~Generous 27' x 21' Garage with 2 walls of Storage Cabinets. ~Recent Improvements: Gas Water Heater (2026), Carrier Gas HVAC (2023), New Exterior Siding, Fresh Paint Throughout (including Garage), Pressure-Washed Patio, Driveway & Sidewalk, and Replacement Windows Cleaned Inside & Out. ~New Roof, Gutters & Downspouts scheduled for installation October 2026. ~Enjoy LOW-MAINTENANCE LIVING! HOA includes Lawn Mowing, Exterior Maintenance & Trash Pickup, plus Paved Walking Paths, Heated Saltwater Pool, Clubhouse, Library, Community Rooms & Calendar of Social Events. Onsite Property Manager M-F. ~CONVENIENT LOCATION! 0.3 mi to Harding Pike/Hwy 70 | 1.5 mi to Hwy 100 & Percy Warner Park | 2.2 mi to Kroger & Aldi | 3.9 mi to One Bellevue Place | 4.5 mi to Green Hills | 7 mi to Vanderbilt/VA Medical | 16 mi to BNA Airport.
No exterior & parking available.
Grades K-4 • 0.4 mi
Grades 5-8 • 2.8 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,620 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $499.0K | $347.6K |
| Price per sq ft | $308 | $343 |
| Built year | 1986 | 2007 |
| HOA | $450 | $334 |
| Days on market | 45 | 92 |
Oct 24, 2026
$499,000
$515,000
-3% Price Drop
Initial Listing
Sep 9, 2026
$515,000
Initial Listing