
Nashville, TN 37209
This property presents a High-Potential Investment Opportunity with a List Price of $599,900—positioned well above the $508,321 Fair Market Value by -18%. While the price reflects the land's R10 Zoning and development potential, the Condition Rating of 6 indicates the structure is at the end of its functional life. The expansive 0.39-acre corner lot offers a prime canvas for subdividing and constructing two modern homes. This is a strategic acquisition ideal for Real Estate Developers or Fix-and-Flip Investors targeting the Charlotte Park market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 473 Sunliner Dr Subject | $599,900* List Price | 4 | 2 | 1,831 | $278 | - |
A 6526 Premier Dr Sold | $515,000 | 4 | 2 | 2,080 | $248 | 0.6 mi |
B 603 Bagleyshop Dr Active | $465,000 List Price | 2 | 2 | 1,263 | $368 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1960 (64 years old) with no evidence of renovations. The listing description explicitly focuses on the land value, R10 zoning for two new homes, and 'bringing your vision,' which are industry indicators for a structure at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 1831.
The R10 zoning and expansive corner lot with dual street frontage provide a prime opportunity to subdivide and construct two modern homes in a high-demand area.
With nearby new construction homes selling for over $1M, this property offers substantial appreciation potential for investors or developers looking to capitalize on the Charlotte Park market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The assigned middle and high schools carry lower ratings (4 and 3 respectively), which may limit the property's appeal to families prioritizing top-tier public education.
Built in 1960, the existing structure likely requires significant modernization or a complete teardown to meet the standards of the surrounding million-dollar new builds.
The classic mid-century Charlotte Park ranch sits on a broad, sunny corner lot and is the perfect spot to bring your vision! The lot is zoned R10, and could be a great place to construct two modern homes. The .39 acre lot has broad street frontage on both Sunliner Dr. and River Rouge. New construction homes nearby have sold for over $1m.
No exterior & parking available.
Grades PK-4 • 0.2 mi
Grades PK-4 • 3.2 mi
Grades 5-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,831 | - |
| Lot Size | 16,988 | - |
| Price | $599.9K | $556.8K |
| Price per sq ft | $328 | $306 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 484 |
Jul 22, 2026
$599,900
Initial Listing
Jul 30, 2015
$241,032
Public Record