4001 Anderson Rd Unit N29, Nashville, TN 37217, Nashville, 37217 - 2 bed, 2 bath
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4001 Anderson Rd Unit N29
Nashville, TN 37217
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,218Sq Ft
436Lot Size
Property Price
LIST PRICE$217,500
EST. MARKET VALUE
$205,137
6% AboveMARKET VALUE
SUMMARY
This Lakeside Townhouse represents a Strong Value Opportunity, listed at $225,000—positioned well above the $207,582 Fair Market Value by 8%. While the list price exceeds the current estimation, the property offers a Condition Rating of 3, featuring recent cosmetic updates and a desirable Waterfront View of Percy Priest Lake. With access to a private pool, fitness center, and sauna, this unit provides a high-amenity lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home near Nashville.
Estimated Market Value
$205,137
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 |
|---|---|---|---|---|---|---|
★ 4001 Anderson Rd Unit N29 Subject 2 bd · 2 ba · 1,218 sqft · $168 | $217,500* List Price | 2 | 2 | 1,218 | $168 | - |
A 4001 Anderson Rd C117 Sold 3 bd · 2 ba · 1,472 sqft · $162 · 0.1 mi | $238,000 | 3 | 2 | 1,472 | $162 | 0.1 mi |
B 4001 Anderson Rd B129 Active 2 bd · 2 ba · 1,353 sqft · $159 · 0.2 mi | $214,900 List Price | 2 | 2 | 1,353 | $159 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1978, the property is well-maintained and move-in ready. It features recent cosmetic updates including painted kitchen cabinets, updated bathroom vanities, and modern laminate flooring. While some elements like the laminate countertops and coil-top stove are dated, the overall condition reflects a 5-15 year renovation equivalent.
PROSSTRENGTHS & OPPORTUNITIES
- Lakeside Lifestyle & Amenities
Located just steps from Percy Priest Lake, the property offers exceptional access to outdoor recreation including a boat ramp, beach, and trails, complemented by private community amenities like a pool, fitness center, and sauna.
- Modernized Interior & Layout
The unit features massive bedrooms and recent cosmetic updates, including freshly painted kitchen cabinets and bathroom vanities, providing a contemporary feel and immediate move-in readiness.
- Exceptional Value & Views
Priced competitively at $225,000, this townhouse includes a desirable waterfront view and the security of a gated community within a 25-minute commute to downtown Nashville.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 634.
- High Association Fees
The monthly HOA fee of $400 is a significant recurring expense that may impact the overall affordability and debt-to-income ratios for potential buyers.
- Underperforming School District
The property is zoned for middle and high schools with low performance ratings (2/10), which may deter families and potentially limit long-term appreciation compared to other areas.
About 4001 Anderson Rd Unit N29
Welcome to your dream home in a gated community, just a few hundred feet away from Percy Priest Lake! This updated unit is only 25 minutes from downtown, combining accessibility and lakeside living! Relax at the private pool, and stay fit with access to a private fitness center and sauna. The recently painted kitchen cabinets and bathroom vanities offer a modern and stylish look, while the retractable awning enhances your outdoor living experience. The bedrooms are MASSIVE! Walk right out of the gated community to a fitness and walking trail,boat ramp, beach area, camping site, and fishing area. Don't miss out on this incredible opportunity to live in a beautifully updated unit with top-notch amenities. Schedule a tour today and make this dream home yours! Owner/AgentContact agent for more info!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400 / Month
Neighborhood Insights
Nashville Unified Schools
Lakeview Elementary Design Center
Grades PK-4 • 2.4 mi
6/10
Apollo Middle School
Grades 5-8 • 4.4 mi
2/10
Antioch High School
Grades 9-12 • 4.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,218 | 1,551.684 |
| Lot Size | 436 | 871 |
| Price | $217.5K | $365.8K |
| Price per sq ft | $179 | $238 |
| Built year | 1978 | 2003 |
| HOA | $400 | $260 |
| Days on market | 17 | 83 |
Pricing History
Listed for Sale
Oct 21, 2026
$217,500
$225,000
-3% Price Drop
Initial Listing
Price Change
Oct 7, 2026
$225,000
Initial Listing