3196 Penn Meade Way, Nashville, TN 37214, Nashville, 37214 - 3 bed, 2 bath
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Nashville, TN 37214
This Move-In Ready Single Family Residence is a Prime Investment Opportunity, listed at $305,000—positioned well below the $313,389 Fair Market Value by 2%. This valuation gap offers $8,389 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern LVP flooring, granite countertops, and a scenic waterfront view of the neighborhood pond. While the interior is compact, its proximity to BNA and Downtown Nashville ensures high demand. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3196 Penn Meade Way Subject | $305,000* List Price | 3 | 2 | 980 | $320 | - |
A 2544 Sonar St Sold | $285,000 | 2 | 1 | 835 | $341 | 0.1 mi |
B 1200 Alandee St Sold | $285,000 | 2 | 1 | 798 | $357 | 0.2 mi |
C 3155 Penn Meade Way Active | $299,900 List Price | 3 | 2 | 925 | $324 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2006 (18 years old), placing it in the 10-20 year category. It features recent cosmetic updates including new luxury vinyl plank flooring, fresh interior paint, and granite countertops, making it well-maintained and move-in ready.
The property features direct access to a neighborhood pond, providing a rare and tranquil waterfront view that enhances outdoor living and relaxation.
Recently updated with luxury vinyl plank flooring, fresh paint, and granite countertops, this home offers a move-in-ready aesthetic that appeals to contemporary buyers.
Situated in the desirable Donelson area, the home provides exceptional proximity to BNA Airport, Opry Mills, and Downtown Nashville, ensuring high convenience for commuters.
At only 980 square feet for a three-bedroom layout, the interior proportions may feel restrictive for families or those requiring larger common areas.
While the local elementary school is highly rated, the assigned middle and high schools have lower performance scores, which may impact appeal for education-focused buyers.
Beautifully updated one-level home in the highly desirable Donelson area! This move-in-ready home offers 3 bedrooms, 2 full bathrooms, and 980 square feet of comfortable living space with a functional open floor plan. Recent updates include luxury vinyl plank (LVP) flooring throughout and fresh interior paint, creating a bright and modern feel. The kitchen features granite countertops and includes all kitchen appliances, making it truly move-in ready. An attached one-car garage provides added convenience. Enjoy the peaceful backyard with direct access to the neighborhood pond, offering a beautiful waterfront setting for morning coffee, evening relaxation, or gatherings with family and friends. Conveniently located just minutes from Oprey Mills, Downtown Nashville, BNA Airport, shopping, dining, parks, and major interstates, this home combines comfort, convenience, and scenic outdoor living in one of Donelson's most desirable locations.
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 |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 980 | - |
| Lot Size | 3,485 | - |
| Price | $305.0K | $556.8K |
| Price per sq ft | $311 | $306 |
| Built year | 2006 | 0 |
| HOA | $7 | $0 |
| Days on market | 22 | 484 |
Jul 1, 2026
$305,000
Initial Listing