
Nashville, TN 37205
This Development-Ready Residential Asset is a Strong Value Opportunity with a List Price of $1,400,000—positioned well below the $1,475,510 Fair Market Value by 5%. This valuation gap provides $75,510 in Instant Equity for buyers. While maintaining a Well-Maintained Condition Rating, the property’s R10 Zoning and 17,860 sq ft lot allow for two-home redevelopment. Zoned for Julia Green Elementary and walkable to elite private schools, it balances immediate utility with massive upside. This is a premier acquisition for Luxury Developers or Owner-Occupants seeking a high-equity project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 690 Clearview Dr Subject | $1,400,000* List Price | 5 | 4 | 3,006 | $491 | - |
A 310 Lynnwood Blvd Sold | $1,250,000 List Price | 3 | 3 | 2,496 | 0.8 mi | |
B 3610 Whitland Avenue Active | $1,445,000 List Price | 5 | 3 | 2,647 | $546 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the home is well-maintained and move-in ready but shows clear signs of age in its core components. While the kitchen has been refreshed with stainless steel appliances and painted cabinetry, and the interior features consistent hardwood flooring, the bathrooms and overall layout remain dated. The property lacks a comprehensive modern renovation, and the listing's emphasis on its R10 zoning and redevelopment potential suggests the value is heavily weighted in the land rather than the current structure's condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 3006.
The R10 zoning and expansive 17,000+ sq ft lot provide a rare 'builder alert' opportunity, allowing the existing home to be replaced with two separate residences in a high-demand area.
The property is zoned for the highly-rated Julia Green Elementary and offers exceptional walkability to prestigious private institutions including Ensworth, MBA, and St. Cecilia.
Built in 1960, the home likely requires substantial interior updates and modernization of major systems to meet the expectations of luxury buyers at the $1.4M price point.
The list price reflects the property's redevelopment potential, which may make it less competitive for traditional 'move-in ready' buyers compared to newer builds in the same price bracket.
Complete Exterior Painting of the House and Garage are been done this week! Please schedule showings beginning Friday April 3rd. Dreaming of convenience and plenty of room for family, friends and pets? Need a primary bedroom downstairs? Four additional spacious bedrooms upstairs which could be used for home office or exercise space. Located on a quiet, shaded street off Woodlawn Ave.zoned for popular Julia Green Elementary and walkable to Ensworth, MBA and St. Cecilia private schools. Kitchen opens to Den with adjoining Playroom, Formal Dining Room perfect for entertaining, Living Room with Fireplace,Hardwood Flooring Thru-Out, Large Fenced Backyard, Separate 2 Car Garage, Tons of Storage Space. Don't miss this one! Builder alert- R10 Zoning and 17,000 sq ft lot allows this home to be replaced with 2 homes.
No exterior & parking available.
Grades K-4 • 1.4 mi
Grades K-4 • 1.9 mi
Grades 5-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 67% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,006 | 3,706 | 38% |
| Lot Size | 17,860 | 25,265 | 36% |
| Price | $1.40M | $1.30M | 52% |
| Price per sq ft | $466 | $406 | 56% |
| Built year | 1960 | 1965 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 440 | 0% |
Feb 24, 2026
$1,400,000
Initial Listing
May 16, 1994
$240,000
Public Record