708 Harpeth Trace Dr, Nashville, TN 37221, Nashville, 37221 - 2 bed, 3 bath
Loading property details...
This townhome presents a High-Potential Investment Opportunity with a List Price of $389,500, currently aligned with its $389,500 Fair Market Value. Featuring a Condition Rating of 5, the property requires comprehensive interior updates, offering a clear path for forced appreciation through renovation. Residents benefit from a scenic park-side setting with direct access to Percy Warner Park trails. While school ratings are modest, the location and value-add potential make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity in a tranquil Nashville community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 708 Harpeth Trace Dr Subject 2 bd · 3 ba · 1,585 sqft · $246 | $389,500* List Price | 2 | 3 | 1,585 | $246 | - |
A 766 Harpeth Trace Dr Active 2 bd · 3 ba · 1,513 sqft · $317 · 0.0 mi | $480,000 List Price | 2 | 3 | 1,513 | $317 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (41 years old) and explicitly described as needing updating to become a 'dream home,' the property likely features original kitchen, baths, and systems requiring a full rehab to meet modern standards.
Located adjacent to Percy Warner Park with a direct trail connector, the property offers unparalleled access to miles of hiking and equestrian trails for outdoor enthusiasts.
Priced competitively to account for its original state, this home presents a significant opportunity for buyers to build equity through personalized renovations and modern updates.
Situated in the meticulously maintained Harpeth Trace community, residents enjoy a peaceful, park-like atmosphere with a seamless blend of nature and low-maintenance living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1650.
The property is in need of comprehensive interior updating, which requires additional capital investment and time beyond the initial purchase price.
The assigned middle and high schools carry lower academic ratings, which may be a deterrent for families and could impact future appreciation compared to other Nashville submarkets.
Don't live in someone else's home. Live in yours. This is a great opportunity to make a townhome in beautiful Harpeth Trace into your dream home. The property needs updating and is priced accordingly. Discover the perfect blend of great location, modern convenience and park-side tranquility in the coveted Harpeth Trace community. Meticulously maintained, this neighborhood offers a lifestyle defined by lush greenery and a peaceful, pedestrian-friendly atmosphere. The interior layout features a seamless flow designed for both relaxation and entertaining. The home offers a "best of both worlds" experience: low-maintenance inside with the majestic beauty of middle Tennessee just outside your window and off of your deck. Outdoor enthusiasts will find their sanctuary here. With a trail connector at the community entrance, you have easy access to miles of hiking and equestrian trails in Percy Warner Park. Whether you’re walking the dog through the pet-friendly grounds or enjoying the park-like setting from your doorstep, this is Nashville living at its most scenic.
No exterior & parking available.
Grades K-4 • 1.1 mi
Grades 5-8 • 2.3 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,585 | 1,551.684 |
| Lot Size | 871 | 871 |
| Price | $389.5K | $365.8K |
| Price per sq ft | $246 | $238 |
| Built year | 1985 | 2003 |
| HOA | $375 | $260 |
| Days on market | 143 | 83 |
Jun 3, 2026
$389,500
Initial Listing