
Nashville, TN 37215
This property presents a High-Potential Investment Opportunity with a List Price of $1,595,000, which aligns with the current $1,595,000 Fair Market Value. While the home currently holds a Condition Rating of 5 due to significant water damage and partial deconstruction, the 2.2-acre lot in a prestigious historic neighborhood offers rare land value. The property serves as a prime canvas for a luxury restoration or a new-build project. This is an ideal acquisition for Fix-and-Flip Investors or Custom Home Builders seeking a premier Nashville address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5123 Stanford Dr Subject | $1,295,000* List Price | 5 | 3 | 2,901 | $465 | - |
A 1612 Tynewood Dr Sold | $1,200,000 List Price | 5 | 3 | 2,862 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939, this property requires a full rehab following significant water damage from frozen pipes. The kitchen and multiple bathrooms have been partially deconstructed and appliances removed, making the home currently non-functional in its key systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 95832, living area = 2896.
Situated on one of Nashville’s most storied and historically significant streets, this property offers elite status within the city's first planned estate neighborhood.
The rare, oversized 2.2-acre lot provides exceptional privacy and a serene, park-like setting that is increasingly difficult to find in such a central Nashville location.
Recent ice storm damage led to frozen pipes and subsequent water issues, requiring significant professional remediation and structural oversight.
The kitchen and multiple bathrooms have been gutted and appliances removed, meaning the home is currently uninhabitable and requires a full-scale renovation.
5123 Stanford Drive offers a unique opportunity to own 2.2 acres on one of Nashville's most admired and historically significant residential streets — an estate-sized lot in a setting that feels a world apart from the city, yet minutes from everything. Those in search of a modern-style home in an ideal location will find value in the lot itself on which to build the home of their dreams. For lovers of historic homes looking for a project, the existing storybook Tudor home features just under 3000 square feet, 5 bedrooms and 2.5 baths. Following Nashville's January ice storm, frozen pipes caused water damage to portions of the home. Affected areas were promptly and professionally mitigated. The upstairs hall bath, kitchen, and main-level half bath have been partially deconstructed and are ready for renovation. Lots of this size, on a street like this, rarely come to market. This is a chance to secure a significant landholding in one of Nashville's most established and desirable neighborhoods. Survey available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,901 | 2,093.129 |
| Lot Size | 95,832 | 10,890 |
| Price | $1.29M | $568.3K |
| Price per sq ft | $446 | $307 |
| Built year | 1939 | 1971 |
| HOA | $0 | $137 |
| Days on market | 151 | 69 |
Aug 22, 2026
$1,295,000
$1,350,000
-4% Price Drop
Initial Listing
Jul 29, 2026
$1,350,000
$1,495,000
-10% Price Drop
Initial Listing
Jul 15, 2026
$1,495,000
$1,595,000
-6% Price Drop
Initial Listing
Apr 11, 2026
$1,595,000
Initial Listing