4368 Enchanted Cir, Nashville, TN 37218, Nashville, 37218 - 4 bed, 2 bath
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Nashville, TN 37218
This Mid-Century Modern Value-Add Asset is listed at $465,000—positioned well below the $471,715 Fair Market Value by 1%. This entry point provides $6,715 in Instant Equity for buyers prepared to finalize the ongoing renovation. Featuring a Condition Rating of 5, the property offers significant upside through its 1.01-acre lot, vaulted ceilings, and unfinished basement. Located in the historic Enchanted Hills, this project allows for forced appreciation in a prestigious neighborhood. It is an optimal acquisition for Fix-and-Flip Investors or Contractors seeking a high-equity redevelopment venture.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4368 Enchanted Cir Subject | $465,000* List Price | 4 | 2 | 2,028 | $233 | - |
A 4760 Drakes Branch Rd Sold | $374,900 List Price | 4 | 2 | 2,150 | 0.7 mi | |
B 200 Queens Lane Ct Sold | $410,000 | 3 | 3 | 2,503 | $164 | 0.4 mi |
C 4120 W Hamilton Rd Active | $559,000 List Price | 5 | 3 | 2,779 | $201 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1971 mid-century home is currently in a state of mid-renovation and requires substantial rehabilitation. Interior images show exposed subflooring and missing floor coverings throughout main living areas. The bathrooms are severely outdated with vintage floral wallpaper, aged vanities, and original fixtures. The listing description confirms the property is an unfinished project, making it unlivable in its current condition without significant investment in flooring, kitchen/bath updates, and completion of the basement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43996, living area = 2028.
Located in the prestigious Enchanted Hills, this mid-century modern home features iconic vaulted ceilings and large picturesque windows, offering a unique aesthetic that is highly sought after by design enthusiasts.
The property sits on a generous acre-plus lot, providing rare privacy and ample space for expansion or outdoor development within close proximity to downtown Nashville.
The home requires significant work to finish existing projects and the basement, making it a challenging option for buyers seeking a move-in-ready residence without immediate capital expenditure.
The assigned middle and high schools have low performance ratings, which may limit the property's appeal to families and impact long-term resale value.
Discover this hidden gem in historic Enchanted Hills Subdivision! Renowned for its historic mid-century modern homes and called the "Belle Meade of North Nashville" by local newspapers, The Enchanted Hills was platted between 1962 and 1989. as one of Nashville's most prestigious neighborhoods. The architect -designed "ultra modern houses retaining striking Mid Century Modern and Contemporary Architecture. Known for spacious lots and its close proximity to downtown This charming one-owner home features 4 bedrooms and 2 bathrooms, spanning 2,000 square feet with an unfinished basement on a generous acre-plus lot. You will love the picturesque window in the living room with vaulted ceilings, the formal dining room, the breakfast room, and the den with a cozy fireplace. Bring your ideas to complete what the sellers started and make this home your own. Would be a great development/investment venture. Don't miss out on this unique opportunity in a prime location!
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 6.9 mi
Grades 9-12 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,028 | 1,469 | 69% |
| Lot Size | 43,996 | 11,761 | 86% |
| Price | $465.0K | $358.2K | 86% |
| Price per sq ft | $229 | $207 | 60% |
| Built year | 1971 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 320 | 1% |
Mar 13, 2026
$465,000
Initial Listing