
Nashville, TN 37218
This Rare Nashville Estate with Development Potential is listed at $860,000, representing a stable valuation aligned with its $860,000 Fair Market Value. Boasting a Move-in Ready Condition Rating, the residence features a modern kitchen, a versatile 4-bedroom layout, and a dedicated home office. The property’s primary value lies in the 1.01-acre lot zoned R10, offering rare subdivision potential minutes from downtown. Complete with a three-car detached garage and expansive back patio, this is a premier choice for Developers or Owner-Occupants prioritizing land and location.
Property is move-in ready.
Although built in 1969, the property is move-in ready and has undergone significant cosmetic updates. The kitchen features stainless steel appliances, painted cabinetry, and updated backsplashes. Interior photos show modern laminate flooring, updated lighting fixtures, and neutral paint. The home appears well-maintained with no immediate signs of deferred maintenance, though it retains some original structural elements like kitchen soffits and the staircase design.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43996, living area = 2720.
The expansive 1.01-acre lot is zoned R10, offering a rare opportunity to subdivide and build multiple homes in a rapidly growing Nashville growth corridor.
Situated just minutes from downtown Nashville, Germantown, and The Nations, the property provides a perfect balance of country-style privacy with immediate urban convenience.
Originally built in 1969, the home may require significant capital investment to update major systems or structural components to meet modern efficiency standards.
The $860,000 price point heavily reflects the land's development value, which may exceed the budget for traditional single-family homebuyers in the 37218 area.
Location, Land & Lifestyle – Rare Nashville Estate Opportunity! LOCATION, LOCATION, LOCATION! Whether you're a builder looking for developable land or a homebuyer dreaming of a spacious estate in the heart of Nashville, this property checks every box. Nestled on 1.01 acres of prime, buildable land, this all-brick estate offers the rare combination of country-style living with city convenience and best of all, no HOA. Situated just minutes from downtown Nashville, Germantown, The Nations, Farmer’s Market, Opryland, and major interstates, the home’s location is second to none. The area is rapidly developing, with several new projects underway, making this property not just a home, but a smart investment in one of the city's most vibrant growth corridors.The home itself is designed for comfort and flexibility. It features four spacious bedrooms, two and a half bathrooms, a dedicated home office, and a versatile flex room perfect for a gym, hobby space, or guest area. The open-concept living area and kitchen create a welcoming and modern atmosphere, ideal for everyday living and entertaining. A sizeable media room provides the perfect space for movie nights, gaming, or hosting friends and family.Thoughtful touches like oversized closets, a full laundry room, and plenty of storage make daily life more convenient. Outdoor spaces include a charming covered front porch and an expansive back patio with a built-in fireplace great for relaxing or entertaining in your private backyard. A three-car detached garage and an extended driveway offer ample parking for vehicles, guests, or recreational equipment.This neighborhood provides easy access to essential amenities including a local grocery store, community center, park, scenic walking trail, and public library blending peaceful living with urban convenience. ZONED R10, property offers excellent development potential. Buyers may have the opportunity to subdivide and build multiple homes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,720 | 1,469 | 88% |
| Lot Size | 43,996 | 11,761 | 86% |
| Price | $860.0K | $358.2K | 98% |
| Price per sq ft | $316 | $207 | 95% |
| Built year | 1969 | 1971 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 336 | 333 | 53% |
May 22, 2025
$860,000
Initial Listing