
Nashville, TN 37217
This property presents a High-Potential Investment Opportunity with a List Price of $359,000—positioned well below the $362,021 Fair Market Value by 0.83%. This valuation gap offers $3,021 in Instant Equity. With a Condition Rating of 4, the home requires cosmetic updates, yet the 12,197 sqft lot and versatile split-level layout provide significant upside. While school ratings are modest, the property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 Honeyhill Dr Subject 3 bd · 2 ba · 2,200 sqft · $165 | $359,000* List Price | 3 | 2 | 2,200 | $165 | - |
A 3204 Grace Crest Pt Sold 5 bd · 3 ba · 2,620 sqft · $168 · 0.7 mi | $440,000 | 5 | 3 | 2,620 | $168 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is significantly dated, featuring 1970s-style wood paneling and older kitchen cabinetry/appliances. While the listing mentions newer carpet and paint, the exposed hardwood floors show wear and require refinishing, and the unfinished utility areas reveal aged systems. The home is functional but requires comprehensive cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2200.
The 2,200 sqft split-level layout features a flexible lower level with a separate den and a multi-purpose room, ideal for a home office, hobby space, or guest quarters.
Situated on a generous 12,197 sqft lot in a secluded neighborhood with mature trees, the property offers a peaceful setting and significant outdoor privacy.
The assigned public schools currently hold lower ratings (ranging from 2 to 3), which may be a drawback for families prioritizing high-performing educational districts.
The 1963 split-level architecture may feel restrictive to buyers seeking modern open-concept floor plans, potentially requiring structural renovations to modernize the flow.
Welcome to this charming split-level home on a large lot in a secluded neighborhood surrounded by mature trees. The main level features three bedrooms, a full bathroom, and a separate dining room. The primary bedroom features hardwood flooring, with hardwood also found underneath much of the carpet throughout the home. The carpet is newer and has only been lightly lived on. Downstairs offers additional flexibility with a full bathroom and a versatile room that could easily be used as an extra bedroom, office, study, or hobby space, along with a separate den featuring sliding glass doors that lead to a concrete patio. Enjoy the privacy and peaceful setting this home offers, along with a spacious lot and plenty of room to make the property your own.
No exterior & parking available.
Grades K-4 • 0.8 mi
Grades 5-8 • 4.5 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,200 | 2,045.139 |
| Lot Size | 12,197 | 10,890 |
| Price | $359.0K | $556.0K |
| Price per sq ft | $163 | $305 |
| Built year | 1963 | 1971 |
| HOA | $0 | $133 |
| Days on market | 51 | 70 |
Sep 3, 2026
$359,000
Initial Listing