
Nashville, TN 37215
This property presents a High-Potential Investment Opportunity with a List Price of $1,020,000—positioned above the $943,566 Fair Market Value by 8%. While the price reflects a premium for the land, the 0.5-acre lot and non-HPR status provide significant redevelopment potential. The home carries a Condition Rating of 4, indicating that while the masonry and HVAC are maintained, the interior requires modernization. This asset is ideal for Value-Add Investors or Developers seeking a strategic acquisition in the highly sought-after Green Hills neighborhood.
Property is moderate renovation needed.
Built in 1955, this cottage shows a mix of conditions. While the main living area features vaulted ceilings and newer flooring, the basement remains dated with older paneling and drop ceilings. The exterior masonry and HVAC appear maintained, but the overall age and the listing's emphasis on 'redevelopment potential' suggest the home requires significant updates to its systems and interior finishes to meet modern standards.
Situated in the highly sought-after Green Hills neighborhood with convenient access to Belle Meade and Oak Hill, providing proximity to premier shopping, dining, and parks.
The impressive half-acre lot is fully fenced and features mature trees, offering rare privacy and significant outdoor space that is not restricted by HPR regulations.
With its generous lot size and non-HPR status, the property presents a significant opportunity for future expansion or complete redevelopment in a high-demand area.
Built in 1955, the home may require substantial updates to its major systems and interior finishes to meet the expectations of modern luxury buyers.
At a list price exceeding $1 million for a mid-century cottage, the value is heavily weighted in the land, which may deter buyers seeking a move-in-ready modern home.
Welcome to this charming 1950s Green Hills cottage, set back from the road on an impressive half-acre lot surrounded by mature trees. This is not your average HPR. The large, fully fenced backyard offers plenty of room for pets, play, entertaining, or simply enjoying the outdoors. Inside, the home offers a spacious and flexible layout with multiple living areas, plenty of natural light, and the character you’d expect from an established Green Hills home. With its generous lot size, the property also offers potential for future expansion or redevelopment, making it an intriguing opportunity for homeowners, builders, and investors alike. Ideally located in Green Hills with convenient access to Belle Meade and Oak Hill, along with an abundance of nearby restaurants, shopping, parks, and everyday conveniences, this home offers a rare combination of location, space, and character.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 3.5 |
| Square foot | 2,706 | 2,315.405 |
| Lot Size | 21,780 | 1,307 |
| Price | $1.02M | $716.1K |
| Price per sq ft | $377 | $313 |
| Built year | 1955 | 2020 |
| HOA | $0 | $197 |
| Days on market | 28 | 87 |
Aug 12, 2026
$1,020,000
Initial Listing