741 Elysian Fields Rd NE, Nashville, TN 37204, Nashville, 37204 - 3 bed, 3 bath
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Nashville, TN 37204
This property presents a High-Potential Investment Opportunity with a List Price of $1,377,000—positioned slightly above the $1,372,629 Fair Market Value. While the home carries a Condition Rating of 4 due to ongoing renovations, it features significant capital improvements including a newer roof, HVAC, and encapsulated crawl space. The expansive 1-acre lot and proximity to top-rated schools like Glendale Elementary (9/10) provide long-term stability. This asset is ideal for Value-Add Investors or Owner-Occupants seeking to customize a premier Nashville residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 741 Elysian Fields Rd NE Subject | $1,377,000* List Price | 3 | 3 | 3,227 | $425 | - |
A 4425 Prescott Rd Active | $990,000 List Price | 4 | 3 | 2,128 | $465 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 20 years old (built 2003) and features dated bathroom finishes. While major systems are well-maintained with recent updates to the roof (5y), HVAC (8y), and water heater (4y), the home is currently mid-renovation with two unfinished rooms and is being sold 'as-is,' requiring minor to moderate work to reach modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44867, living area = 3227.
Elementary School: Glendale Elementary School (9/10).
Situated on a rare 1-acre lot in one of Nashville’s most exclusive areas, this property offers exceptional privacy and proximity to elite private schools and popular districts like Green Hills and 12 South.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3227, other record living area = 3278.
The property is being sold in as-is condition with active remodeling projects, which may require additional cash reserves and could present challenges for certain types of traditional financing.
Having spent 57 days on the market with a significant price reduction from $1.5M, the property may face perception issues regarding its valuation relative to its current unfinished state.
Rare opportunity in one of Nashville’s most exclusive and sought-after areas! Located at 741 Elysian Fields Rd NE, Nashville, TN 37204, this property sits on a beautiful 1-acre lot offering privacy, room to expand, and a spacious backyard with endless possibilities for entertaining, gardening, or creating your dream outdoor retreat. The home features several major updates including a roof approximately 5 years old, HVAC around 8 years old, water heater 4 years old, and an encapsulated crawl space for added value and peace of mind. Two rooms are currently in the process of being remodeled, providing a fantastic opportunity for buyers to finish to their taste and add immediate equity. Being sold as-is, this home is full of potential in a premier location. Conveniently located near Lipscomb Academy, Father Ryan High School, Franklin Road Academy, and The Oak Hill School, plus just minutes from Green Hills, 12 South, top dining, boutique shopping, parks, and everything Nashville has to offer. Bring your vision and make this exceptional property your own!
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades 5-8 • 1.1 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,227 | - |
| Lot Size | 44,867 | - |
| Price | $1.38M | $556.8K |
| Price per sq ft | $427 | $306 |
| Built year | 2003 | 0 |
| HOA | $0 | $0 |
| Days on market | 73 | 484 |
May 20, 2026
$1,377,000
$1,500,000
-8% Price Drop
Initial Listing
Apr 27, 2026
$1,500,000
Initial Listing