703 Mount Carmel Pl, Nashville, TN 37205, Nashville, 37205 - 3 bed, 2 bath
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703 Mount Carmel Pl
Nashville, TN 37205
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,465Sq Ft
1,307Lot Size
Property Price
LIST PRICE$460,000
EST. MARKET VALUE
$465,576
SUMMARY
This Renovated 55+ Single Family Residence is a Strong Value Opportunity, listed at $460,000—positioned well below the $465,576 Fair Market Value by 1%. This valuation gap offers $5,576 in Instant Equity. Featuring a stunning kitchen, wood flooring, and a rare 2-car garage, the home maintains a Condition Rating of 3. With professional lawn and exterior maintenance included, this property offers a low-stress lifestyle, making it an ideal acquisition for Active Retirees or Owner-Occupants seeking a turnkey, maintenance-free sanctuary in Nashville.
Estimated Market Value
$465,576
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 |
|---|---|---|---|---|---|---|
★ 703 Mount Carmel Pl Subject | $460,000* List Price | 3 | 2 | 1,465 | $318 | - |
A 106 Emma Neuhoff Ct Sold | $429,000 | 2 | 2 | 1,340 | $320 | 0.1 mi |
B 905 Glenmary Ct Sold | $420,000 | 2 | 2 | 1,244 | $338 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1986, the property has been recently renovated with a stunning kitchen, updated primary bath, and wood flooring throughout. It is move-in ready and well-maintained, though a visible ceiling stain in the garage suggests a minor maintenance item or past leak to investigate.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Amenities & Views
This property features a rare two-car garage for the community and offers scenic sunrise views from the rear deck, providing significant lifestyle value and competitive advantage.
- Modern Renovations
The home has been beautifully updated with a stunning kitchen, wood flooring throughout, and a primary bathroom featuring a low-entry shower designed for accessibility and style.
- Comprehensive Maintenance
The professional management covers extensive exterior needs including roofs, painting, lawn care, and pest treatment, offering a true low-maintenance lifestyle for 55+ residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1452. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1465, other record living area = 1427. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1307, living area = 1465.
- Restricted Buyer Pool
As a 55+ age-restricted community, the potential market for resale is limited to a specific demographic, which can lead to longer periods on the market.
About 703 Mount Carmel Pl
Rare 2 car garage with SUNRISE views from the deck! 3 bed and 2 full bath this renovated 55+ home in the Cloister is easily accessed for Nashville and Bellevue. Beautifully updated with a stunning kitchen, wood flooring throughout and updated primary bath with low entry shower! Deck in the rear for lazy days! Professional management includes lawn maintenance, leaf removal, master insurance policy (owner still needs HO6 Policy), clubhouse, heated pool, pest treatment, streets, roofs, exterior painting and wood repair, street lights, common area maintenance of entrances, islands, walking trails. There are NO special assessments currently noted. Third bedroom not pictured due to estate sale preparations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450 / Month
Neighborhood Insights
Nashville Unified Schools
Westmeade Elementary School
Grades K-4 • 0.4 mi
6/10
Bellevue Middle School
Grades 5-8 • 2.9 mi
3/10
Hillwood Comp High School
Grades 9-12 • 2.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,465 | 2,093.129 |
| Lot Size | 1,307 | 10,890 |
| Price | $460.0K | $568.3K |
| Price per sq ft | $314 | $307 |
| Built year | 1986 | 1971 |
| HOA | $450 | $137 |
| Days on market | 66 | 69 |
Pricing History
Listed for Sale
Jul 5, 2026
$460,000
Initial Listing