
Nashville, TN 37217
This Renovated Lakefront Townhouse is a High-Potential Investment Opportunity, listed at $199,990—positioned well below the $231,181 Fair Market Value by 13%. This valuation gap offers $31,191 in Instant Equity. Boasting a Condition Rating of 3, the interior features brand-new flooring, fresh paint, and energy-efficient windows. Located steps from Percy Priest Lake, the property includes a wood-burning fireplace and private deck. While secondary schools are lower-rated, the turnkey condition and low-maintenance HOA make this a premier choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4000 Anderson Rd 44 Subject | $199,990* List Price | 3 | 3 | 1,480 | $156 | - |
A 3512 Seneca Forest Dr Sold | $195,000 | 3 | 2 | 1,220 | $160 | 1.0 mi |
B 3512 Seneca Forest Dr Sold | $195,000 | 3 | 2 | 1,220 | $160 | 1.0 mi |
C 3512 Seneca Forest Dr Sold | $195,000 | 3 | 2 | 1,220 | $160 | 1.0 mi |
D 4000 Anderson Rd 7 Active | $196,900 List Price | 3 | 3 | 1,480 | $133 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic renovations. Key updates include brand-new flooring throughout the main level, fresh neutral paint, and a new stainless-steel oven. The inclusion of newer energy-efficient windows and patio doors adds value. While the 1975 build date is evident in the kitchen cabinet style and popcorn ceilings, the overall condition is well-maintained with no immediate repairs required, fitting the criteria for a 'good' condition score.
Situated within walking distance to Percy Priest Lake and Anderson Beach Park, this property offers an exceptional lifestyle for outdoor enthusiasts with immediate access to boating, swimming, and recreational trails.
The condo is move-in ready with significant modern updates, including brand-new flooring, fresh paint, a new stainless-steel oven, and energy-efficient newer windows and patio doors.
Priced competitively under $200k for a 3-bedroom unit, the property also offers up to 3% in grant money assistance and an HOA fee that covers major utilities and exterior maintenance.
The assigned middle and high schools carry low ratings (2/10), which may be a significant drawback for families prioritizing public education quality or long-term resale appeal.
Built in 1975, the complex may face higher risks of aging infrastructure issues or potential special assessments common in older condominium developments, despite the interior renovations.
Walk to the lake from your front door! Nicely renovated condo in Priest Lake Park. Up to 3% of the purchase In GRANT Money may be available to help you buy. Call listing agent for details. Enjoy easy access to **Anderson Beach Park and Percy Priest Lake** from this beautifully updated 3-bedroom condo in a sought-after lakefront community. Inside, you'll find **brand-new flooring, fresh paint, a new stainless-steel oven, newer patio door & windows**, and a cozy living room with a **wood-burning fireplace**. The smart floorplan includes **spacious bedrooms**, a **Jack & Jill bath with dual vanities**, and **two private outdoor spaces** — a **fenced patio** and a **deck off the primary suite**. Backed by trees and filled with natural light, this home offers peaceful privacy and resort-style amenities including a **pool, tennis courts, and playground**. The HOA covers **water, sewer, trash, exterior maintenance, and lawn care** for low-maintenance living. Just **15 minutes to the airport** and steps from the **boat ramp, beach, and picnic areas**. **30-day minimum rental allowed**. Move-in ready and an incredible value near the lake!
No exterior & parking available.
Grades PK-4 • 2.3 mi
Grades 5-8 • 4.3 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,480 | 1,388 | 54% |
| Lot Size | 871 | 871 | 50% |
| Price | $200.0K | $207.3K | 46% |
| Price per sq ft | $135 | $160 | 43% |
| Built year | 1975 | 2000 | 3% |
| HOA | $288 | $153 | 86% |
| Days on market | 19 | 1070 | 3% |
Apr 3, 2026
$199,990
Initial Listing
Jul 31, 1997
$72,200
Public Record
Mar 9, 1995
$44,500
Public Record