
Nashville, TN 37221
This Single-Level Residential Asset is a High-Potential Investment Opportunity, listed at $649,900—positioned above the $530,803 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained, one-owner home with a private stream view and large lot. The spacious 2,226 sqft layout offers significant value-add potential through cosmetic updates. Located near Harpeth Valley Elementary, this property balances a serene lifestyle with long-term appreciation potential, making it an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5113 Millbrook Dr Subject | $649,900* List Price | 4 | 2 | 2,226 | $238 | - |
A 808 Millbrook Cir Sold | $575,000 | 4 | 3 | 2,144 | $268 | 0.1 mi |
B 5233 Timber Gap Dr Sold | $630,000 | 4 | 3 | 2,423 | $260 | 0.5 mi |
C 5233 Timber Gap Drive Sold | $630,000 | 4 | 3 | 2,423 | $260 | 0.5 mi |
D 5136 Traceway Dr Sold | $650,000 List Price | 4 | 3 | 2,507 | 0.6 mi | |
E 8408 Indian Hills Dr Active | $579,900 List Price | 4 | 3 | 2,700 | $215 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is over 30 years old and retains original features such as oak cabinetry and dated interior paint. While it is well-maintained with some updates including stainless steel appliances and newer laminate flooring, the kitchen and overall aesthetic are dated and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2226.
As a rare one-owner, single-story home in the Stonemeade community, this property offers high accessibility and ease of maintenance, which is a significant draw for both retirees and families seeking a functional floor plan.
The home features a sunroom addition that overlooks a private, tree-lined backyard and a peaceful stream, providing a serene outdoor atmosphere that is difficult to find in suburban Nashville developments.
While the elementary school is highly rated, the assigned middle and high schools currently hold lower ratings (3/10), which may be a concern for families prioritizing long-term educational performance.
Built in 1993 and maintained by the original owner, the home may require cosmetic updates or system upgrades to align with contemporary design trends and buyer expectations at this price point.
Hard to find single level one-owner home in wonderful Stonemeade! High ceilings, Large kitchen with stainless appliances opens to breakfast room with French doors to the sunroom, Fireplace and great built-ins in the living room, Separate dining room. Large primary suite with huge walk-in closet. Sunroom addition looks out on private tree-lined backyard and peaceful stream. Could be 3BR & Office. 2-car garage.
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades 5-8 • 2.7 mi
Grades 9-12 • 7.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 15% |
| Square foot | 2,226 | 2,569 | 32% |
| Lot Size | 11,761 | 10,890 | 55% |
| Price | $649.9K | $550.0K | 70% |
| Price per sq ft | $292 | $239 | 80% |
| Built year | 1993 | 1995 | 45% |
| HOA | $93 | $50 | 70% |
| Days on market | 19 | 595 | 1% |
May 28, 2026
$649,900
Initial Listing
Dec 4, 1993
$133,475
Public Record