3723 Colonial Heritage Dr, Nashville, TN 37217, Nashville, 37217 - 3 bed, 2 bath
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Nashville, TN 37217
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $365,000—positioned well below the $369,378 Fair Market Value by 1%. Featuring a Good Condition Rating with recent HVAC and exterior updates, the property offers significant upside through its No HOA status and potential for a garage apartment. With direct access to Percy Priest Lake and a large 11,326 sqft lot, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, income-generating property near BNA.
Property is new construction or fully renovated.
While built in 1980, the property has undergone extensive renovations within the last 5 years, including brand-new siding, windows, and gutters. The HVAC was replaced in 2020, and the interior features modern LVP flooring, fresh paint, and updated bathrooms with contemporary tile and vanities.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1486.
The property features rare direct access to public land leading to Percy Priest Lake and no HOA, offering a unique blend of privacy and recreational freedom.
Recent updates including brand-new siding, windows, gutters, and a 2020 HVAC system provide immediate peace of mind and reduce near-term maintenance costs.
The property is zoned for middle and high schools with low performance ratings (2/10), which may limit appeal for families prioritizing public education.
While many surfaces are updated, the 1980 construction year suggests that some underlying structural or utility components may be nearing the end of their functional lifespan.
Tucked away in a quiet, serene neighborhood with NO HOA, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of privacy, convenience, and outdoor living. Major updates provide peace of mind, including brand-new siding, gutters, windows, and patio door, plus an updated HVAC system installed in 2020. Outside, the fully fenced backyard offers plenty of room for entertaining, gardening, or play. While the additional fenced side yard is ideal for chickens, or a secure dog run. Step out your back gate and enjoy direct access to public land leading to Percy Priest Lake—an incredible opportunity for anyone seeking a peaceful retreat just minutes from the city. Inside, you'll find fresh paint throughout, updated flooring, and a spacious layout designed for comfortable everyday living. The primary suite features a newly installed bay window overlooking the backyard, creating the perfect spot to enjoy your morning coffee while taking in the tranquil views. Relax on the large back deck and enjoy the privacy and natural beauty that make this property truly special. Conveniently located just 10 minutes from BNA Airport and 25 minutes from Downtown Nashville, you'll enjoy easy access to everything Music City has to offer while coming home to your own private oasis. Rarely do homes with direct access to public land and Percy Priest Lake become available—schedule your showing before this one is gone! Plans for a 1 bed apartment above garage available with suitable offer, could establish a thriving Owner Occupied STR ahead of Superbowl 2030!
No exterior & parking available.
Grades PK-4 • 2.0 mi
Grades 5-8 • 3.9 mi
Grades 9-12 • 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 | 1,486 | 1,878 | 34% |
| Lot Size | 11,326 | 12,632 | 40% |
| Price | $365.0K | $356.0K | 52% |
| Price per sq ft | $246 | $200 | 79% |
| Built year | 1980 | 1971 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 343 | 2% |
Jun 10, 2026
$365,000
Initial Listing