741 Lake Terrace Dr, Nashville, TN 37217, Nashville, 37217 - 2 bed, 2 bath
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Nashville, TN 37217
This Turnkey Townhouse represents a High-Potential Investment Opportunity, listed at $259,700—positioned above the $210,450 Fair Market Value. While priced above current estimates, the property features a Mint Condition Rating with modern white shaker cabinets, stainless appliances, and new flooring. The private wooded backyard and spacious wooden deck enhance the lifestyle appeal, while the proximity to I-40 ensures a 15-20 minute commute to downtown. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence in a prime Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 741 Lake Terrace Dr Subject | $249,700* List Price | 2 | 2 | 1,024 | $202 | - |
A 2813 Lake Forest Dr Sold | $224,000 | 3 | 3 | 1,240 | $181 | 0.7 mi |
B 2830 Lake Forest Dr Active | $239,000 List Price | 3 | 3 | 1,220 | $196 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone a recent comprehensive refresh (<5 years) featuring a modern kitchen with white shaker cabinets and stainless appliances, updated bathrooms with new vanities, and new wood-look flooring throughout, making it a turnkey, mint-condition home.
The property has been extensively refreshed with modern upgrades, including white shaker cabinets, stainless steel appliances, and wood-look flooring, offering a move-in-ready experience for buyers.
Ideally situated just 15-20 minutes from downtown Nashville with quick access to I-40 and the airport, this home is perfectly positioned for commuters and urban professionals.
Listed at a competitive price point with no reported association fees, this property offers a rare opportunity for affordable homeownership or a high-yield investment in the Nashville market.
The assigned middle and high schools carry low ratings (2/10), which may deter families who prioritize proximity to top-tier educational institutions.
With only 1,024 square feet and a two-bedroom layout, the property may feel restrictive for growing families or those requiring dedicated home office space.
This charming updated two-story single-family residence in the Harbor Gate subdivision offers 2 bedrooms and 1.5 bath and showcases modern upgrades throughout. Featuring bright white interiors, light wood-look flooring, a fully refreshed kitchen with white shaker cabinets, sleek black hardware, white countertops, and stainless steel appliances, plus a stylish bathroom with a new vanity, modern dark faucet, and clean tub/shower combo. The cozy living area includes a fireplace, while outside you'll find attractive curb appeal, a welcoming porch, and a spacious wooden deck overlooking a private wooded backyard. Built in 1984 and recently refreshed, this move-in ready home is conveniently located just minutes (approx. 15-20) from downtown Nashville, with easy access to I-40, the airport, shopping, and entertainment—ideal for commuters, first-time buyers, or investors seeking value in a prime area. Don't miss this turnkey opportunity!
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 3.0 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,024 | 1,276 | 4% |
| Lot Size | 2,178 | 871 | 96% |
| Price | $249.7K | $249.0K | 56% |
| Price per sq ft | $244 | $162 | 96% |
| Built year | 1984 | 2000 | 40% |
| HOA | $0 | $140 | 4% |
| Days on market | 8 | 418 | 4% |
Jun 16, 2026
$249,700
$259,700
-4% Price Drop
Initial Listing
Jun 12, 2026
$259,700
Initial Listing