5424 Forest Acres Dr, Nashville, TN 37220, Nashville, 37220 - 4 bed, 3 bath
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5424 Forest Acres Dr
Nashville, TN 37220
ACTIVE
CONDITION: FAIR
4Beds
3Baths
3,507Sq Ft
60,984Lot Size
Property Price
LIST PRICE$1,199,900
EST. MARKET VALUE
$1,145,549
4% AboveMARKET VALUE
SUMMARY
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,199,900—positioned above the $1,145,549 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a meticulously maintained, move-in ready home with significant upside. The expansive 1.4-acre lot and zoning for the 8/10 rated Percy Priest Elementary provide long-term value stability. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to modernize a classic estate in a premier Nashville location.
Estimated Market Value
$1,145,549
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 |
|---|---|---|---|---|---|---|
★ 5424 Forest Acres Dr Subject 4 bd · 3 ba · 3,507 sqft · $327 | $1,199,900* List Price | 4 | 3 | 3,507 | $327 | - |
A 5416 Forest Acres Dr Active 4 bd · 4 ba · 3,312 sqft · $332 · 0.1 mi | $1,099,000 List Price | 4 | 4 | 3,312 | $332 | 0.1 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 1972, the home is over 50 years old and appears to have original or significantly dated finishes, including 1970s-style wood paneling, green carpeting, and vintage bathroom tile/fixtures. While the property is described as meticulously cared for and appears move-in ready, the kitchen, baths, and likely the mechanical systems are well beyond the 20-30 year threshold, classifying it as dated and in need of 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 = 60984, living area = 3507.
- Expansive Lot Size
Situated on a generous 1.4-acre lot (60,984 sqft) in the prestigious Oak Hill Estates, this property offers exceptional privacy and significant outdoor potential rarely found at this price point in Nashville.
- Meticulous Maintenance
The home has been exceptionally well-cared for and shows beautifully, providing a solid foundation for buyers looking for a move-in ready residence that has been preserved with pride.
CONSRISKS & DEFICIENCIES
- Dated Architectural Era
Built in 1972, the home likely features a traditional compartmentalized layout and original systems that may require significant capital investment to align with modern open-concept luxury standards.
- Secondary School Ratings
While the elementary school is top-tier, the assigned middle and high schools carry lower ratings (5/10 and 4/10 respectively), which may be a concern for education-focused buyers with older children.
About 5424 Forest Acres Dr
A real Gem in a fantastic location!! This home shows very well and has been meticulously cared for! Selling to settle an estate! Very easy to show!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 60,984 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Percy Priest Elementary School
Grades K-4 • 3.0 mi
8/10
John T. Moore Middle School
Grades 5-8 • 3.8 mi
5/10
Hillsboro High School
Grades 9-12 • 4.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,507 | 2,045.139 |
| Lot Size | 60,984 | 10,890 |
| Price | $1.20M | $556.0K |
| Price per sq ft | $342 | $305 |
| Built year | 1972 | 1971 |
| HOA | $0 | $133 |
| Days on market | 64 | 70 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,199,900
Initial Listing
Sold
Mar 18, 1996
$88,500
Public Record