3155 Penn Meade Way, Nashville, TN 37214, Nashville, 37214 - 3 bed, 2 bath
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Nashville, TN 37214
This Modern Donelson Residence is a Prime Investment Opportunity listed at $310,000—positioned well below the $323,629 Fair Market Value by 4%. This valuation gap provides $13,629 in Instant Equity for a property in Good Condition. Featuring a new 2024 roof, private pond views, and proximity to Pennington Elementary (Rating: 7), the home combines recent capital improvements with a strategic location near BNA and downtown. It is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3155 Penn Meade Way Subject | $299,900* List Price | 3 | 2 | 925 | $351 | - |
A 1200 Alandee St Sold | $285,000 | 2 | 1 | 798 | $357 | 0.1 mi |
B 2735 Penn Meade Dr Sold | $315,000 | 2 | 2 | 991 | $318 | 0.2 mi |
C 2735 Penn Meade Dr Sold | $315,000 | 2 | 2 | 991 | $318 | 0.2 mi |
D 3058 Penn Meade Way Active | $315,000 List Price | 3 | 2 | 948 | $332 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is well within the 10-20 year age range for a 'good' condition score and is move-in ready. It features significant recent capital improvements including a new roof (2024) and water heater (2023). The interior shows pride of ownership with updated hard-surface flooring throughout, modern light fixtures, and a kitchen equipped with stainless steel appliances and stone countertops, though the cabinetry appears original to the home.
The property features significant high-ticket updates, including a brand-new roof installed in 2024 and a newer water heater from 2023, offering peace of mind and reduced immediate maintenance costs.
The home boasts a rare and peaceful pond view, providing a level of privacy and a serene outdoor atmosphere that distinguishes it from other properties in the subdivision.
Ideally situated in Donelson, the property offers rapid access to Briley Parkway, BNA Airport, and downtown Nashville, making it a highly convenient choice for professionals.
With only 925 square feet to accommodate three bedrooms and two baths, the layout may feel cramped, and individual room sizes are likely quite small.
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings, which could be a concern for families and impact future resale value.
Enjoy peaceful pond views from this well-maintained 3 bedroom, 2 bath home in a Donelson location just minutes from Opryland, Briley Parkway, downtown Nashville, and BNA. Built in 2006, this home is newer than surrounding comparable properties and offers easy, low-maintenance living, a 1-car garage, and a functional layout that lives comfortably. Major updates include a new roof in 2024, upgraded garage flooring with advanced polyaspartic/polyurea coating by Guardian Garage Floors in 2021, and a newer water heater replaced last year. Move-in ready and ideally located near shopping, dining, entertainment, and major commuter routes. Step outside and take in the private pond view, a rare feature that adds a sense of calm and privacy to everyday life.
No exterior & parking available.
Grades PK-4 • 2.9 mi
Grades PK-4 • 4.7 mi
Grades 5-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 925 | 1,587 | 9% |
| Lot Size | 3,049 | 14,810 | 4% |
| Price | $299.9K | $362.5K | 23% |
| Price per sq ft | $324 | $251 | 89% |
| Built year | 2006 | 1966 | 90% |
| HOA | $65 | $0 | 88% |
| Days on market | 67 | 301 | 1% |
Apr 23, 2026
$299,900
$305,000
-2% Price Drop
Initial Listing
Apr 19, 2026
$305,000
$310,000
-2% Price Drop
Initial Listing
Apr 10, 2026
$310,000
Initial Listing