3745 Priest Lake Dr, Nashville, TN 37217, Nashville, 37217 - 4 bed, 3 bath
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3745 Priest Lake Dr
Nashville, TN 37217
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,400Sq Ft
13,068Lot Size
Property Price
LIST PRICE$379,000
EST. MARKET VALUE
$390,939
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $379,000—positioned well below the $390,939 Fair Market Value by 3%. This valuation gap offers $11,939 in Instant Equity. Featuring a Condition Rating of 3, the property includes a tenant-occupied basement apartment, granite kitchen countertops, and recent mechanical upgrades. While the school district ratings are low, the No HOA status and proximity to Percy Priest Lake make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Estimated Market Value
$390,939+$11,939 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3745 Priest Lake Dr Subject 4 bd · 3 ba · 2,400 sqft · $163 | $379,000* List Price | 4 | 3 | 2,400 | $163 | - |
A 3836 Lake Aire Dr Sold 3 bd · 2 ba · 2,505 sqft · $176 · 0.5 mi | $440,000 | 3 | 2 | 2,505 | $176 | 0.5 mi |
B 545 Castlegate Dr Sold 4 bd · 2 ba · 2,236 sqft · $167 · 0.6 mi | $372,500 | 4 | 2 | 2,236 | $167 | 0.6 mi |
C 212 Islandia Ct W Sold 4 bd · 3 ba · 2,528 sqft · $170 · 0.4 mi | $431,000 | 4 | 3 | 2,528 | $170 | 0.4 mi |
D 3744 Anderson Rd Sold 3 bd · 3 ba · 1,999 sqft · $189 · 0.4 mi | $378,500 | 3 | 3 | 1,999 | $189 | 0.4 mi |
E 561 Castlegate Dr Sold 4 bd · 2 ba · 2,060 sqft · $194 · 0.6 mi | $400,000 | 4 | 2 | 2,060 | $194 | 0.6 mi |
F 361 Clearlake Dr W Sold 5 bd · 3 ba · 2,050 sqft · $205 · 0.3 mi | $420,000 | 5 | 3 | 2,050 | $205 | 0.3 mi |
G 272 Clearlake Dr W Active 5 bd · 3 ba · 2,249 sqft · $198 · 0.3 mi | $445,000 List Price | 5 | 3 | 2,249 | $198 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the home was built in 1979, it features excellent recent system updates including a 3-year-old roof and an HVAC and tankless water heater under 5 years old. The kitchen has been partially modernized with granite countertops, and the interiors appear well-maintained and move-in ready, though some areas remain dated.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2400.
- Income Potential
The fully finished basement includes a tenant-occupied one-bedroom apartment, providing immediate rental income potential or a private guest suite.
- Recent Mechanical Upgrades
The property features significant recent investments, including a three-year-old roof and an HVAC system and tankless water heater both installed within the last five years.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 2448. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- As-Is Condition
The home is being sold as-is and requires personal updates, which may necessitate additional budget for renovations and immediate repairs.
- School District Ratings
The assigned middle and high schools have low ratings (2/10), which may be a drawback for families prioritizing education or impact future resale value.
About 3745 Priest Lake Dr
No HOA. Welcome to 3745 Priest Lake Drive, a spacious home near Percy Priest Lake with plenty of potential for personal updates. The fully finished basement includes a one-bedroom apartment that is currently tenant-occupied, offering rental-income potential. Additional features include an attached two-car garage, a detached storage building suitable for a workshop, granite kitchen countertops, a three-year-old roof, and an HVAC system and tankless water heater installed within the past five years. Conveniently located minutes from Nashville International Airport, shopping, dining, parks, downtown Nashville, and Percy Priest Lake, the property combines city access with the feel of a private retreat. Sold as-is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 13,068 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Lakeview Elementary Design Center
Grades PK-4 • 1.5 mi
6/10
Apollo Middle School
Grades 5-8 • 3.6 mi
2/10
Antioch High School
Grades 9-12 • 3.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,400 | 2,045.139 |
| Lot Size | 13,068 | 10,890 |
| Price | $379.0K | $556.0K |
| Price per sq ft | $158 | $305 |
| Built year | 1979 | 1971 |
| HOA | $0 | $133 |
| Days on market | 9 | 70 |
Pricing History
Listed for Sale
Oct 16, 2026
$379,000
Initial Listing