500 Canal Circle, Nashville, TN 37214, Nashville, 37214 - 3 bed, 3 bath
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Nashville, TN 37214
This Modern Model Home is a Prime Investment Opportunity, listed at $609,990—positioned well below the $626,219 Fair Market Value by 2%. This valuation gap offers $16,229 in Instant Equity for the buyer. Featuring a 2026 Mint Condition Rating, this residence includes a contemporary kitchen with quartz countertops and seamless access to the Nashville Greenway. It offers a perfect blend of urban convenience and suburban tranquility, making it an ideal choice for Owner-Occupants or first-time buyers seeking a turnkey, high-value property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Canal Circle Subject | $609,990* List Price | 3 | 3 | 2,442 | $256 | - |
A 2668 Miami Ave Sold | $684,000 | 4 | 4 | 2,544 | $269 | 0.8 mi |
B 2668 Miami Ave Sold | $684,000 | 4 | 4 | 2,544 | $269 | 0.8 mi |
C 913 Watercourse Court Active | $602,030 List Price | 3 | 3 | 2,442 | $247 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new construction (2026) in mint condition. Features modern kitchen with quartz countertops, sleek appliances, and contemporary bathroom finishes with no maintenance required.
As a 2026 model home, the Arcadia plan features premium contemporary upgrades including quartz countertops, sleek appliances, and thoughtfully crafted open interiors that offer a move-in-ready luxury experience.
The property is integrated into the Nashville Greenway system, providing immediate access to walking trails, river views, and community playgrounds, perfectly blending suburban tranquility with urban convenience.
The offering includes significant financial advantages with long-term rate locks available as low as 5.5%, providing buyers with increased purchasing power and stability in the current market.
With 2,442 square feet of living space, the three-bedroom configuration may be seen as a drawback for larger families or buyers expecting a fourth bedroom or dedicated office at this price point.
The boutique nature of the 42-home Pennington Mills subdivision may result in fewer comprehensive community amenities and less long-term resale inventory compared to larger master-planned developments.
Beautiful Model Home for sale! Community is part of Nashville Greenway, follow the walking trail to the river where you will find a playground and woods to explore. Truly the suburbs in the city, so close to everything - and still a quiet, quaint feel. You do not want to miss these final opportunities to purchase your home here. Rate - no problem, long term rate locks available AS LOW AS 5.5** Explore the new M/I Homes community Pennington Mills in Nashville, with level lots, and a backyard built for BBQs and jumpy houses too! The Arcadia Plan is a thoughtfully crafted home that embodies contemporary charm and versatile living. Located in a dynamic community, this residence showcases bright, open interiors designed for convenience and style. The inviting kitchen features sleek appliances, quartz and generous counter space, perfect for hosting gatherings or preparing family meals. Cozy bedrooms provide a calming sanctuary, with stylish details and modern finishes throughout. Ideally situated near Nashville’s vibrant downtown, parks, and entertainment options, this home offers the perfect blend of urban excitement and comfort. Schedule your visit today and see why the Arcadia Plan is a fantastic choice for your next chapter! We LOVE our Realtor Partners! Holding appointments now! Only 42 homes in this community, build your village here.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,442 | - |
| Lot Size | - | - |
| Price | $610.0K | $559.9K |
| Price per sq ft | $250 | $306 |
| Built year | 2026 | 0 |
| HOA | $80 | $0 |
| Days on market | 7 | 451 |
Jun 18, 2026
$609,990
Initial Listing