2928 Steamboat Dr, Nashville, TN 37214, Nashville, 37214 - 3 bed, 3 bath
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Nashville, TN 37214
This Value-Add Residential Asset is listed at $400,000, offering a stable entry into the desirable River Trace Estates. While priced relative to its $357,183 Fair Market Value, the property’s Fair Condition Rating presents a clear path for forced appreciation through cosmetic updates. The spacious 2,027 sqft layout features a vaulted primary suite and a sunroom on a large corner lot with a fenced backyard and deck. Proximity to the 7-rated Pennington Elementary and Two Rivers Park ensures strong lifestyle appeal. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2928 Steamboat Dr Subject | $400,000* List Price | 3 | 3 | 2,027 | $176 | - |
A 4113 Longfellow Dr Sold | $439,000 | 3 | 3 | 2,081 | $211 | 0.3 mi |
B 4257 Longfellow Dr NE Sold | $517,000 | 3 | 3 | 2,233 | $232 | 0.4 mi |
C 4257 Longfellow Dr Sold | $517,000 | 3 | 3 | 2,233 | $232 | 0.4 mi |
D 2600 Paddle Wheel Dr Sold | $360,300 | 4 | 2 | 1,706 | $211 | 0.2 mi |
E 4629 Cather Ct Active | $429,000 List Price | 3 | 3 | 1,824 | $235 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this property is a classic example of a well-maintained but dated home. While functional and livable, the interior features original honey oak cabinetry, laminate countertops, popcorn ceilings, and older carpeting that shows some wear. The listing description explicitly notes the need for cosmetic updates. Since the home is 25 years old and has not undergone a comprehensive modern renovation, it fits the 'fair' criteria of being aged but functional with visible signs of being outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2027.
Situated in the desirable Donelson area, the property offers exceptional access to Two Rivers Park, Stones River Greenway, and Opry Mills, providing abundant recreational and entertainment options nearby.
With over 2,000 square feet, the home features a versatile floor plan including a sunroom, a bonus room, and a primary suite with vaulted ceilings, offering significant space and flexibility for a growing household.
The interior requires cosmetic improvements, which will necessitate an additional budget for paint, flooring, and modernizing finishes to bring the home up to contemporary standards.
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings, which may be a concern for education-focused buyers.
Room to grow, space to spread out, and the chance to add your own style in a well-established Donelson-area neighborhood. Outstanding opportunity in an established River Trace Estates location! With 2,027 square feet, 3 bedrooms, 2.5 baths, and a floor plan that offers generous living space plus flexibility, this home is ready for its next chapter. The interior could benefit from cosmetic updates, but the layout, room sizes, and overall livability give buyers a strong foundation to make it their own. Features include an open main living area, a spacious eat-in kitchen with a pantry & bay window, and Upstairs includes a bonus room, 2 bedrooms, and a spacious primary suite with a vaulted ceiling, walk-in closet, garden tub, and a separate shower. Step out of the sunroom into the fenced, level backyard with a deck, ideal for Fido, gardens, play, and outdoor entertainment. Brand new HVAC and brand new water heater! Situated on a corner lot with a 2-car attached garage in a neighborhood with tennis courts, this home combines value, function, and potential. Low HOA fees. Convenient to Donelson-area recreation and entertainment, including Two Rivers Park with golf, dog park, disc golf, skate park, Wave Country, and access to the Stones River Greenway, along with nearby Opry Mills shopping, dining, and entertainment, the Grand Ole Opry, Nashville Shores, and easy access to Nashville International Airport.
No exterior & parking available.
Grades PK-4 • 2.5 mi
Grades PK-4 • 4.3 mi
Grades 5-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,027 | 1,636.5 | 69% |
| Lot Size | 10,454 | 13,939 | 36% |
| Price | $400.0K | $389.5K | 54% |
| Price per sq ft | $197 | $246 | 28% |
| Built year | 1999 | 1963 | 79% |
| HOA | $151 | $0 | 96% |
| Days on market | 30 | 295 | 0% |
Mar 23, 2026
$400,000
Initial Listing
May 11, 1999
$134,408
Public Record