
Nashville, TN 37218
This Modern Turnkey Residence is listed at $549,800, offering a sophisticated lifestyle within the vibrant Cato Cottages community. Boasting an Excellent Condition Rating, this 2023-built home features the Iris floor plan with vaulted ceilings, a dedicated home office, and a private screened-in deck. While positioned near its $519,780 Fair Market Value, the listing includes a rare 4.99% interest rate incentive to maximize buyer purchasing power and long-term affordability. This move-in-ready sanctuary is an ideal match for urban professionals or first-time buyers seeking contemporary Nashville living near downtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 Sophia Rain Dr Subject | $549,800* List Price | 3 | 3 | 1,824 | $285 | - |
A 307 Sophia Rain Dr Active | $559,500 List Price | 3 | 3 | 1,824 | $307 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a 2023 new construction that meets all criteria for an excellent rating. The interior features high-end modern finishes, including a contemporary kitchen with stainless steel appliances, quartz countertops, and stylish pendant lighting. The home boasts hardwood flooring throughout, vaulted ceilings in the primary suite, and pristine bathrooms with modern fixtures and tile work. As a brand-new build, all systems and structural components are new with no physical depreciation or deferred maintenance.
As a 2023 new construction, the property offers a highly attractive 4.99% interest rate incentive through a preferred lender, providing significant long-term savings and modern high-end finishes.
The Iris floor plan is thoughtfully designed for modern living, featuring a dedicated home office and a primary suite with vaulted ceilings and a private screened-in deck.
Located just minutes from downtown Nashville, this community offers desirable urban proximity alongside neighborhood perks like walking trails and a dedicated dog park.
With a lot size of only 1,307 square feet, the property offers minimal private yard space, which may be a drawback for buyers seeking significant outdoor area or gardening opportunities.
The property is listed as a stock cooperative, a less common ownership type in the local market that can sometimes complicate traditional financing and impact future resale liquidity.
4.99% interest rate available through preferred lender with incentive applied. A community pool is COMING SOON to Phase 2. Minutes from downtown Nashville and The Nations, with easy interstate access - this address puts you close to everything without feeling like it. Now step inside. The layout just works. Everything you need day-to-day lives on the main floor - open kitchen, living, dining, a real dedicated office, and garage access. Head upstairs and that's where all three bedrooms are, including a primary suite that gives you the space and quiet you actually want at the end of the day. Photos are of the model home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 1,824 | 2,144 | 29% |
| Lot Size | 1,307 | 1,307 | 50% |
| Price | $549.8K | $549.8K | 50% |
| Price per sq ft | $301 | $253 | 71% |
| Built year | 2023 | 2024 | 43% |
| HOA | $140 | $0 | 71% |
| Days on market | 37 | 206 | 14% |
Mar 16, 2026
$549,800
Initial Listing