
Nashville, TN 37204
This property presents a High-Potential Investment Opportunity with a List Price of $799,999—positioned well below the $837,074 Fair Market Value by 4%. This valuation gap offers $37,075 in Instant Equity for buyers. With a Condition Rating of 5, the home serves as a prime Value-Add Asset featuring a 0.45-acre lot and no HOA. Located near Glendale Elementary (9/10), this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to capitalize on significant redevelopment potential in Oak Hill.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3504 Pleasant Valley Rd Subject | $799,999* List Price | 4 | 2 | 2,600 | $322 | - |
A 841 Sutton Hill Rd Active | $0 List Price | 4 | 3 | 2,420 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (74 years old) and sold as-is, the property is marketed primarily for its lot value and the opportunity to 'build new.' While currently tenant-occupied, the age of the structure and the agent's focus on redevelopment suggest that the kitchen, baths, and systems likely require a full rehab to meet modern standards for this high-end neighborhood.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19602, living area = 2600.
Elementary School: Glendale Elementary School (9/10).
Situated in the prestigious Oak Hill area, the property offers exceptional proximity to Green Hills, 12 South, and downtown Nashville, ensuring high desirability and long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The home is being sold in as-is condition, which likely necessitates significant capital investment for repairs, modernization, or a complete rebuild.
A recent $50,000 price reduction after 41 days on the market suggests the property may have been initially overvalued relative to its current condition or local comps.
Investor and builder opportunity in Oak Hill's Longview Manor. 0.45-acre lot, no HOA, minutes to Green Hills, 12 South, and downtown Nashville. All-brick 1950 ranch, approximately 2,600 sq ft: 1,300 sq ft on the main level plus a 1,300 sq ft finished walk-out lower level. 4 bedrooms, 2 full baths, primary bedroom on the main level. Fireplace, central heat and air, city water, public sewer, two water heaters with one recently replaced, and recently . Annual taxes $5,611. Renovate the existing structure, build new on a generous lot, or hold and collect rent while working through plans and permits. The property is currently tenant-occupied and producing income through January 2027. The home and the street-facing portion of the lot are in Zone X. Only the rear portion of the lot is in Zone AE. Exterior recently refreshed: beds cut in and mulched, trees trimmed, walkway cut in, driveway cleared of overgrowth, gutters repaired and roof cleared of debris. Sold as-is. Buyer to verify all measurements, buildable area, flood zones, Oak Hill zoning, permitted use, and schools.
No exterior & parking available.
Grades PK-4 • 1.1 mi
Grades K-4 • 3.2 mi
Grades K-4 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,600 | 2,093.129 |
| Lot Size | 19,602 | 10,890 |
| Price | $800.0K | $568.3K |
| Price per sq ft | $308 | $307 |
| Built year | 1950 | 1971 |
| HOA | $0 | $137 |
| Days on market | 51 | 69 |
Aug 16, 2026
$799,999
$849,900
-6% Price Drop
Initial Listing
Jul 20, 2026
$849,900
Initial Listing