701 Shawnee Dr, Nashville, TN 37205, Nashville, 37205 - 3 bed, 2 bath
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Nashville, TN 37205
This Prime Development Opportunity in the prestigious 37205 zip code is listed at $949,950, carrying a premium over the $787,075 Fair Market Value due to its rare land utility. The property features an Expansive 0.71-Acre Lot in Crest Meade, offering significant Development Potential. While the home maintains a Condition Rating of 4 with a private patio, the value lies in the site's proximity to Gower Elementary and Hillwood High. This asset is a strategic acquisition for Luxury Developers or Custom Home Builders looking to maximize value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Shawnee Dr Subject | $895,000* List Price | 3 | 2 | 1,511 | $498 | - |
A 735 Clematis Dr Sold | $825,000 | 3 | 3 | 1,826 | $452 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the property is well-maintained and move-in ready, featuring beautifully refinished hardwood floors and updated stainless steel kitchen appliances. However, it shows its age through older-style painted kitchen cabinets with exposed hinges and a traditional mid-century layout. While clean and functional, it lacks the extensive recent renovations required for a higher rating, fitting the description of an aged home maintained through regular upkeep and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30928, living area = 1511.
Situated in the prestigious 37205 zip code within the Crest Meade subdivision, this property offers high desirability and long-term value retention in one of Nashville's most sought-after residential areas.
The property sits on a generous 0.71-acre lot, providing exceptional privacy, mature landscaping, and significant space for potential home expansion or luxury outdoor amenities.
At nearly $629 per square foot for a 1,511-square-foot home, the listing price is aggressive and primarily reflects the land value rather than the utility of the existing structure.
The assigned middle and high schools carry lower performance ratings (3 and 4), which may be a drawback for families prioritizing top-tier public education within their home search.
Exceptional opportunity in Nashville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades PK-4 • 1.2 mi
Grades PK-4 • 2.2 mi
Grades 5-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 2.0 | 4.0 | 20% |
| Square foot | 1,511 | 3,706 | 2% |
| Lot Size | 30,928 | 25,265 | 53% |
| Price | $895.0K | $1.27M | 38% |
| Price per sq ft | $592 | $406 | 75% |
| Built year | 1957 | 1965 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 440 | 0% |
Apr 3, 2026
$895,000
$949,950
-6% Price Drop
Initial Listing
Mar 14, 2026
$949,950
Initial Listing