3304 Lealand Lane, Nashville, TN 37204, Nashville, 37204 - 3 bed, 3 bath
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Nashville, TN 37204
This property presents a High-Potential Investment Opportunity with a List Price of $1,450,000—positioned well below the $1,480,714 Fair Market Value by 2%. This valuation gap offers $30,714 in Instant Equity. While the home has a Condition Rating of 4, the massive 33,106 sqft lot and Elite School Zoning (including Glendale Elementary 9/10) provide significant upside for renovation. This is a strategic acquisition ideal for Value-Add Investors or Owner-Occupants seeking to modernize a home in a prestigious Nashville neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3304 Lealand Lane Subject | $1,450,000* List Price | 3 | 3 | 2,534 | $584 | - |
A 935 Evans Rd Active | $1,150,000 List Price | 3 | 3 | 2,376 | $484 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the home is functional and appears well-maintained but is significantly dated. Interior features like red carpeting, wallpaper borders, and the presence of window AC units indicate systems and finishes are likely over 20 years old and require modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33106, living area = 2534.
Elementary School: Glendale Elementary School (9/10).
The property sits on a generous 0.76-acre lot (33,106 sqft), providing rare privacy and significant potential for expansion or outdoor development in a prime Nashville neighborhood.
Built in 1947, the home may require substantial modernization or structural updates to meet the expectations of today’s luxury buyers at this price point.
At approximately $572 per square foot, the listing price is aggressive for a mid-sized 1940s home, potentially limiting the buyer pool to those specifically seeking land value or total renovations.
Exceptional opportunity in Nashville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-4 • 1.2 mi
Grades K-4 • 2.7 mi
Grades K-4 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,534 | - |
| Lot Size | 33,106 | - |
| Price | $1.45M | $556.8K |
| Price per sq ft | $572 | $306 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 484 |
Jun 3, 2026
$1,450,000
Initial Listing