541 Wheatfield Way, Nashville, TN 37209, Nashville, 37209 - 4 bed, 2 bath
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541 Wheatfield Way
Nashville, TN 37209
ACTIVE
CONDITION: FAIR
4Beds
2Baths
2,138Sq Ft
9,148Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$468,660
6% AboveMARKET VALUE
SUMMARY
This Spacious 4-Bedroom Residence represents a Strong Value Opportunity, listed at $499,900—positioned above the $468,660 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 4, bolstered by recent interior updates including fresh paint, new carpet, and LVT flooring. The expansive 9,148 sqft lot and versatile upstairs bonus room provide significant utility. Located near I-40 with a private fenced backyard and deck, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with long-term potential.
Estimated Market Value
$468,660
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 541 Wheatfield Way Subject | $499,900* List Price | 4 | 2 | 2,138 | $219 | - |
A 1264 W Running Brook Rd Sold | $470,000 | 3 | 2 | 1,990 | $236 | 0.1 mi |
B 104 Kenaum Ct Sold | $495,000 | 3 | 3 | 2,367 | $209 | 0.6 mi |
C 104 Kenaum Ct Active | $549,900 List Price | 3 | 3 | 2,205 | $249 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2003 (23 years old), the property exceeds the 20-year threshold for a 'Good' rating. While it features recent cosmetic updates including fresh paint, new carpet, and LVT flooring, the presence of popcorn ceilings and likely original major systems and kitchen/bath cabinetry indicates the home is dated and will require further modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 2138.
- Recent Interior Updates
The home features fresh interior paint, new carpet, LVT laminate flooring, and updated fixtures, providing a modern, move-in-ready feel for prospective buyers.
- Flexible Living Space
With a spacious 2,138 sqft layout, the upstairs fourth bedroom includes a privacy door and closet, offering excellent versatility as a bonus room or home office.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- School District Ratings
The assigned middle and high schools carry lower performance ratings (4/10 and 3/10), which may be a concern for families prioritizing academic rankings.
- Property Age & Maintenance
Built in 2003, the home is entering a lifecycle phase where major systems or exterior components may require upcoming capital improvements despite recent cosmetic updates.
About 541 Wheatfield Way
Great price and great location! Spacious 4-bedroom, 2-bath home in Westchase, just off Charlotte Pike with easy access to I-40 W. Three bedrooms are on the main level. The upstairs bedroom has a closet and privacy door and could also be used as a bonus room. Recent updates include fresh interior paint, newly stained deck, updated fixtures, and new carpet in the second and third bedrooms. LVT laminate flooring runs throughout the main living area and primary bedroom. Two-car attached garage and private fenced backyard. Plenty of space to make this home your own! More detailed professional photos coming Friday afternoon, 9/4/26.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $38 / Month
Neighborhood Insights
Nashville Unified Schools
Gower Elementary School
Grades PK-4 • 0.5 mi
6/10
H G Hill Middle School
Grades 5-8 • 3.6 mi
4/10
Hillwood Comp High School
Grades 9-12 • 3.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,138 | 2,093.129 |
| Lot Size | 9,148 | 10,890 |
| Price | $499.9K | $568.3K |
| Price per sq ft | $234 | $307 |
| Built year | 2003 | 1971 |
| HOA | $38 | $137 |
| Days on market | 8 | 69 |
Pricing History
Listed for Sale
Sep 1, 2026
$499,900
Initial Listing