803 Lancaster Way, Nashville, TN 37212, Nashville, 37212 - 3 bed, 4 bath
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803 Lancaster Way
Nashville, TN 37212
ACTIVE
CONDITION: GOOD
3Beds
4Baths
1,888Sq Ft
871Lot Size
Property Price
LIST PRICE$679,999
EST. MARKET VALUE
$631,715
7% AboveMARKET VALUE
SUMMARY
This Modern Residential Property represents a Strong Value Opportunity, listed at $679,999—positioned well below the $631,715 Fair Market Value by -7%. While the list price exceeds the current estimation, the home offers a Good Condition Rating with high-end finishes like white shaker cabinetry and a private balcony. Its prime location near Vanderbilt and Belmont ensures high rental demand, making it a turnkey asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, urban lifestyle in Nashville.
Estimated Market Value
$631,715
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 |
|---|---|---|---|---|---|---|
★ 803 Lancaster Way Subject | $679,999* List Price | 3 | 4 | 1,888 | $335 | - |
A 112 Saint Charles Pl Active | $530,000 List Price | 3 | 4 | 2,048 | $259 | 0.6 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 2013, the property is approximately 13 years old, placing it firmly in the 'Good' category. The kitchen and bathrooms feature modern, well-maintained finishes including white shaker cabinetry, stone countertops, stainless steel appliances, and a frameless glass shower. The home is move-in ready with functional systems and contemporary aesthetics.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated near Belmont University, Vanderbilt, and Centennial Park, this property offers exceptional proximity to major employers and Nashville's core amenities, making it highly desirable for professionals and students.
- Modern Functional Design
Built in 2013, the home features a contemporary open-concept layout with hardwood floors and ensuite bathrooms for each bedroom, providing a high level of privacy and convenience.
- Low-Maintenance Lifestyle
The property is designed for easy living with a two-car garage and minimal yard maintenance, serving as an ideal 'lock-and-leave' primary residence or a turnkey investment opportunity.
CONSRISKS & DEFICIENCIES
- 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 = 871, living area = 1888.
- Minimal Outdoor Space
With a lot size of only 871 square feet, the property lacks a private yard, which may be a significant drawback for buyers with pets or those seeking traditional outdoor living areas.
- Mixed School Ratings
While the elementary school is well-rated, the assigned middle and high schools have lower ratings (4/10), which could impact the property's appeal to families prioritizing long-term educational stability.
About 803 Lancaster Way
Seeking low-maintenance living in a conveniently located area with a two-car garage? 803 Lancaster Way checks every box. This home features an open-concept layout with hardwood floors on the main and second level. Featuring a spacious kitchen ideal for everyday living and entertaining. Upstairs, you’ll find two ensuite bedrooms, including a primary suite with a double vanity and private balcony. Ideally located near Belmont, Vanderbilt, I-440, and Centennial Park. A wonderful primary residence or attractive investment opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2013
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120 / Month
Neighborhood Insights
Nashville Unified Schools
Eakin Elementary School
Grades K-4 • 0.6 mi
7/10
West End Middle School
Grades 5-8 • 0.5 mi
4/10
Hillsboro High School
Grades 9-12 • 1.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,888 | 2,056.5 |
| Lot Size | 871 | 10,890 |
| Price | $680.0K | $582.5K |
| Price per sq ft | $360 | $312 |
| Built year | 2013 | 1972 |
| HOA | $120 | $130 |
| Days on market | 14 | 304 |
Pricing History
Listed for Sale
Aug 3, 2026
$679,999
Initial Listing