4323 Barnes Cove Dr, Nashville, TN 37211, Nashville, 37211 - 3 bed, 3 bath
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4323 Barnes Cove Dr
Nashville, TN 37211
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,644Sq Ft
8,276Lot Size
Property Price
LIST PRICE$399,900
EST. MARKET VALUE
$414,093
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,900—positioned well below the $414,093 Fair Market Value by 3%. This valuation gap offers $14,193 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a large lot size and a private deck overlooking a lush common area, the home offers significant upside through cosmetic updates. Ideally located in the walkable Lenox Village, this is a value-add asset perfect for Buy-and-Hold Investors or Owner-Occupants seeking to build equity.
Estimated Market Value
$414,093+$14,193 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 |
|---|---|---|---|---|---|---|
★ 4323 Barnes Cove Dr Subject | $399,900* List Price | 3 | 3 | 1,644 | $252 | - |
A 232 Burgandy Hill Rd Sold | $479,900 | 3 | 2 | 2,129 | $225 | 0.9 mi |
B 4024 Sweetberry Dr Sold | $465,000 | 3 | 2 | 2,149 | $216 | 0.2 mi |
C 253 Burgandy Hill Rd Sold | $495,000 | 3 | 3 | 1,931 | $256 | 1.0 mi |
D 6629 Sugar Valley Dr Sold | $465,000 | 3 | 2 | 2,089 | $223 | 0.4 mi |
E 253 Burgandy Hill Rd Sold | $495,000 | 3 | 3 | 1,931 | $256 | 1.0 mi |
F 6944 Sunnywood Dr Active | $450,000 List Price | 3 | 2 | 2,223 | $202 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2008 (16 years old), the property falls within the age range for 'Good,' but the actual condition necessitates a 'Fair' rating. Interior photos show significant cosmetic wear, including heavily stained/soiled carpeting and wall damage that requires patching and paint. The listing description explicitly notes it 'needs a little love' and is priced below market, indicating it is not currently in move-in ready condition.
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 = 8276, living area = 1644.
- Prime Location & Walkability
Situated in the highly sought-after Lenox Village, the property offers a vibrant, walkable lifestyle with immediate access to local dining, coffee shops, and community parks.
- Exceptional Privacy
The home backs up to a lush, tree-lined common area with no future development planned behind it, providing a rare sense of seclusion and scenic views in a suburban setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1644, other record living area = 1694.
- Deferred Maintenance
The property requires 'a little love' to return to its former glory, indicating that immediate additional investment in repairs and renovations is necessary.
- Underperforming High School
The assigned high school has a low rating of 3/10, which may be a deterrent for families prioritizing educational performance or impact long-term resale appeal.
About 4323 Barnes Cove Dr
Located in the coveted Lenox Village subdivision. This 2 Sty home backs up to a tree lined lush common area. The lower level is designed for entertaining with a formal dining room, large living room open to the kitchen and breakfast area. Sliding glass doors overlooking the backyard, deck and private common area beyond. No homes to be built behind this home. All bedrooms are upstairs with the primary suite and bath on the back side of the home. A large laundry room is upstairs convenient to the bedrooms. Listed well below market value this property presents a fantastic opportunity to own in a desirable and convenient location. It just needs a little love to bring it back to it's former glory. Enjoy the walkable lifestyle that makes Lenox Village so popular. You'll enjoy the tree-lined streets, wide sidewalks, underground utilities will not spoil the view of the wooded hillsides, playgrounds, parks and pavilions. Enjoy the neighborhood restaurants, coffee shops, and convenient access to Nolensville Rd, I-24, shopping, and fantastic dining.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $112 / Month
Neighborhood Insights
Nashville Unified Schools
May Werthan Shayne Elementary School
Grades PK-4 • 0.5 mi
7/10
William Henry Oliver Middle School
Grades 5-8 • 0.7 mi
5/10
John Overton Comp High School
Grades 9-12 • 5.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,644 | 2,093.129 |
| Lot Size | 8,276 | 10,890 |
| Price | $399.9K | $568.3K |
| Price per sq ft | $243 | $307 |
| Built year | 2008 | 1971 |
| HOA | $112 | $137 |
| Days on market | 37 | 69 |
Pricing History
Listed for Sale
Aug 3, 2026
$399,900
Initial Listing