704 Preservation Way, Nashville, TN 37207, Nashville, 37207 - 3 bed, 3 bath
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704 Preservation Way
Nashville, TN 37207
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,952Sq Ft
6,098Lot Size
Property Price
LIST PRICE$424,900
EST. MARKET VALUE
$375,991
13% AboveMARKET VALUE
SUMMARY
This Modern Single Family Residence is a Strong Value Opportunity, listed at $424,900—positioned well below the $375,992 Fair Market Value by -13%. While the list price exceeds the current estimation, the property’s Good Condition Rating and 2016 construction offer significant long-term stability. Featuring a fenced-in yard and a prime location just 15 minutes from Downtown Nashville, this home provides a functional, move-in ready lifestyle. Despite the lower-rated local schools, the property remains an ideal acquisition for first-time buyers or Owner-Occupants seeking a modern, low-maintenance home with excellent commuter access.
Estimated Market Value
$375,991
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 |
|---|---|---|---|---|---|---|
★ 704 Preservation Way Subject 3 bd · 3 ba · 1,952 sqft · $193 | $424,900* List Price | 3 | 3 | 1,952 | $193 | - |
A 312 Parmley Ln Sold 3 bd · 3 ba · 1,952 sqft · $179 · 0.1 mi | $350,000 | 3 | 3 | 1,952 | $179 | 0.1 mi |
B 732 Preservation Way Active 3 bd · 3 ba · 1,800 sqft · $231 · 0.1 mi | $415,000 List Price | 3 | 3 | 1,800 | $231 | 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.
Built in 2016, the property is 10 years old, fitting the 10-20 year age bracket for the Good category. The exterior shows a well-maintained brick and siding facade, a clean roof, and neat landscaping, indicating the home is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Situated just 15 minutes from Downtown Nashville with easy interstate access, this property offers an ideal balance of suburban living and urban convenience for professionals.
- Modern Construction
Built in 2016, this home features contemporary systems and finishes, providing the benefits of a newer build including energy efficiency and lower immediate maintenance requirements.
- Private Outdoor Space
The inclusion of a fully fenced-in yard is a significant asset, offering a secure and private environment for pets, children, and outdoor entertaining.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned public schools have low ratings, specifically a rating of 1 for the high school, which may impact long-term resale value and appeal to education-focused families.
- Compact Lot Size
At approximately 0.14 acres, the lot size is relatively modest for a nearly 2,000 sqft home, which may limit buyers seeking extensive gardening space or large-scale outdoor amenities.
About 704 Preservation Way
Don’t miss the opportunity to see this home and discover everything it has to offer. Convenient location, fenced-in yard, easy interstate access, and approximately 15 minutes to Downtown Nashville—this one is worth a look!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $40 / Month
Neighborhood Insights
Nashville Unified Schools
Alex Green Elementary School
Grades PK-4 • 0.9 mi
3/10
Brick Church Middle School
Grades 5 • 2.7 mi
0/10
Whites Creek Comp High School
Grades 9-12 • 2.2 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,952 | 2,045.139 |
| Lot Size | 6,098 | 10,890 |
| Price | $424.9K | $556.0K |
| Price per sq ft | $218 | $305 |
| Built year | 2016 | 1971 |
| HOA | $40 | $133 |
| Days on market | 38 | 70 |
Pricing History
Listed for Sale
Sep 16, 2026
$424,900
Initial Listing