2953 Glenway Dr, Nashville, TN 37221, Nashville, 37221 - 4 bed, 3 bath
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2953 Glenway Dr
Nashville, TN 37221
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,833Sq Ft
6,970Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$630,017
11% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $699,900—positioned well above the $630,018 Fair Market Value by -11%. While the list price exceeds current market estimates, the property’s Fair Condition Rating and Fully Finished Walkout Basement provide significant "house hack" potential for rental income. Featuring a private entrance and full kitchen downstairs, this layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through multi-generational living or leasing.
Estimated Market Value
$630,017
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2953 Glenway Dr Subject | $699,900* List Price | 4 | 3 | 2,833 | $222 | - |
A 100 Belle Glen Dr Sold | $707,000 | 4 | 4 | 3,382 | $209 | 0.7 mi |
B 2580 Devon Valley Dr Active | $770,000 List Price | 4 | 3 | 3,116 | $247 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1997, the property is approximately 29 years old and appears to retain most of its original finishes. The kitchen and bathrooms are functional but dated, featuring 1990s-style cabinetry, laminate countertops, and older white appliances. While the home is well-maintained and move-in ready, it falls into the 'Fair' category as it exceeds the 20-year mark without significant modern renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Income & Multigenerational Potential
The fully finished walkout basement features a private entrance, full kitchen, and separate living quarters, making it ideal for rental income or multigenerational living.
- Spacious & Versatile Layout
With over 2,800 square feet of living space and a thoughtfully designed floor plan, the home offers excellent flexibility for large families or dedicated home offices.
- Convenient Commuter Location
Situated in the Devon Glen subdivision, the property provides easy access to major commuter routes, local dining, and shopping, balancing suburban comfort with urban accessibility.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools carry lower ratings (3/10), which may be a concern for families prioritizing high-performance public education.
- Limited Lot Size
At just under 0.16 acres, the lot size is relatively modest for a home of this square footage, potentially limiting outdoor recreational space and privacy.
About 2953 Glenway Dr
Welcome to 2953 Glenway Dr., where comfort, versatility, and convenience come together. The inviting main living area is anchored by a beautiful fireplace, creating a warm and welcoming space for everyday living and entertaining. Downstairs, the fully finished walkout basement offers incredible flexibility with its own private entrance, full kitchen, full bathroom, bedrooms, and separate living space. Whether you're looking for the perfect setup for multigenerational living, extended guests, a private home office, or the potential for rental income, this thoughtfully designed lower level provides endless possibilities. Conveniently located near shopping, dining, parks, and major commuter routes, this home offers the space and adaptability to fit a variety of lifestyles. 24hr notice required for showings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $75 / Month
Neighborhood Insights
Nashville Unified Schools
Westmeade Elementary School
Grades K-4 • 2.0 mi
6/10
Bellevue Middle School
Grades 5-8 • 1.0 mi
3/10
Hillwood Comp High School
Grades 9-12 • 4.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,833 | 2,056.5 |
| Lot Size | 6,970 | 10,890 |
| Price | $699.9K | $582.5K |
| Price per sq ft | $247 | $312 |
| Built year | 1997 | 1972 |
| HOA | $75 | $130 |
| Days on market | 27 | 304 |
Pricing History
Listed for Sale
Jul 28, 2026
$699,900
Initial Listing
Sold
Aug 22, 1997
$222,533
Public Record
Sold
Nov 13, 1996
$29,900
Public Record