413 Clearwater Dr, Nashville, TN 37217, Nashville, 37217 - 4 bed, 3 bath
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Nashville, TN 37217
This property presents a High-Potential Investment Opportunity with a List Price of $309,900—positioned well below the $315,965 Fair Market Value by 1%. This valuation gap offers $6,065 in Instant Equity. With a Condition Rating of 5, the home requires a comprehensive rehab to address dated interiors and aged systems. However, the expansive 13,504 sqft lot and proximity to Lakeview Elementary provide a solid foundation for value-add projects. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 413 Clearwater Dr Subject | $309,900* List Price | 4 | 3 | 2,302 | $137 | - |
A 632 Lake Terrace Dr Sold | $330,000 | 4 | 3 | 1,950 | $169 | 0.9 mi |
B 460 Rural Hill Rd Sold | $271,000 | 3 | 2 | 1,696 | $160 | 0.0 mi |
C 460 Rural Hill Rd Sold | $271,000 | 3 | 2 | 1,700 | $159 | 0.0 mi |
D 2946 Anderson Rd Active | $0 List Price | 4 | 2 | 2,075 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 with no evidence of recent renovations. The interior features heavily stained carpeting, dated 1970s-style cabinetry, and popcorn ceilings throughout. The utility room shows significant wear with aged systems and deteriorating floor tiles, indicating the property requires a comprehensive rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 2302.
Priced at approximately $135 per square foot, this 2,302 sqft home offers significant value for the Nashville market, providing a spacious 4-bedroom layout at an accessible price point.
The property features a substantial 13,504 square foot lot with no association fees, offering homeowners significant outdoor space and freedom from HOA restrictions.
While the elementary school is well-rated, the assigned middle and high schools currently hold lower ratings, which may be a consideration for education-focused buyers.
Built in 1971, the home may require updates to major systems or cosmetic renovations to meet modern aesthetic and efficiency standards.
Exceptional opportunity in Nashville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-4 • 0.1 mi
Grades 5-8 • 2.1 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,302 | 1,941 | 79% |
| Lot Size | 13,504 | 12,850 | 53% |
| Price | $309.9K | $340.0K | 37% |
| Price per sq ft | $135 | $199 | 19% |
| Built year | 1971 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 343 | 2% |
Jun 9, 2026
$309,900
Initial Listing