561 Castlegate Dr, Nashville, TN 37217, Nashville, 37217 - 4 bed, 2 bath
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Nashville, TN 37217
This Renovated Family Residence represents a Strong Value Opportunity, listed at $420,000—positioned well below the $462,700 Fair Market Value by 9%. This valuation gap provides $42,700 in Instant Equity for incoming buyers. Boasting a Good Condition Rating, the interior features a modernized kitchen with stone countertops, updated LVP flooring, and fresh paint throughout. The property offers significant utility with an oversized garage, a large tree-lined backyard, and a private deck, all with the benefit of No HOA fees. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey Nashville asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 561 Castlegate Dr Subject | $410,000* List Price | 4 | 2 | 2,060 | $228 | - |
A 2909 Nautilus Dr Sold | $404,900 | 4 | 2 | 2,136 | $190 | 0.4 mi |
B 2909 Nautilus Dr Sold | $404,900 | 4 | 2 | 2,136 | $190 | 0.4 mi |
C 632 Lake Terrace Dr Sold | $330,000 | 4 | 3 | 1,950 | $169 | 0.1 mi |
D 108 Islandia Ct E Sold | $440,000 | 4 | 3 | 2,047 | $215 | 0.9 mi |
E 532 Bluewater Dr Sold | $495,000 | 4 | 3 | 2,106 | $235 | 0.2 mi |
F 532 Bluewater Dr Sold | $495,000 | 4 | 3 | 2,106 | $235 | 0.2 mi |
G 3016 Runabout Dr Active | $440,000 List Price | 4 | 2 | 2,050 | $215 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior renovations. The kitchen has been modernized with white cabinetry, stone countertops, a contemporary tile backsplash, and stainless steel appliances. Throughout the main living areas, there is updated LVP flooring, recessed lighting, and fresh paint. While the home was built in 1974 and the exterior deck shows some weathering, the extensive interior updates and well-maintained systems align with the 'good' condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 2060.
The property features an oversized garage that can be easily adapted into a playroom, hobby space, or bonus area, providing valuable versatility for growing families.
A large, tree-lined backyard with a dedicated deck offers a private and spacious environment for outdoor entertaining and children's play.
The assigned middle and high schools currently hold low performance ratings, which may be a concern for families prioritizing academic rankings.
Built in 1974, the home may require more frequent maintenance or capital improvements to systems and finishes compared to newer residential options in the area.
Warm and inviting home in South Nashville, thoughtfully designed for family living. The spacious, tree lined backyard offers the perfect setting for kids to play, weekend gatherings, or relaxing together on the deck. Inside and out, there’s room to grow, with an oversized garage that easily fits two vehicles or can be adapted for a playroom, hobby space, or bonus area. Conveniently located near Smith Springs Community Center and Tanger Outlet Mall, this home blends comfort, flexibility, and everyday convenience for busy families.
No exterior & parking available.
Grades PK-4 • 1.0 mi
Grades 5-8 • 3.1 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,060 | 1,824 | 61% |
| Lot Size | 15,246 | 13,504 | 61% |
| Price | $410.0K | $350.0K | 76% |
| Price per sq ft | $199 | $199 | 50% |
| Built year | 1974 | 1971 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 260 | 1% |
Apr 15, 2026
$410,000
$420,000
-2% Price Drop
Initial Listing
Feb 22, 2026
$420,000
Initial Listing
Jul 2, 1996
$104,900
Public Record