8238 Charlotte Pike, Nashville, TN 37221, Nashville, 37221 - 4 bed, 3 bath
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Nashville, TN 37221
This Custom Hillside Estate is a strategic acquisition listed at $750,000, aligning with its $750,000 Fair Market Value. Currently holding a Fair Condition Rating, the property offers a clear path to forced appreciation through modernization of its 3,517 sqft interior. The 5-acre wooded lot, covered back patio, and walk-out basement—complete with a kitchenette—provide exceptional short-term rental potential. Featuring vaulted poplar ceilings and a custom brick exterior, the asset combines privacy with proximity to Nashville. This is a high-potential opportunity for Owner-Occupants looking to build equity or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8238 Charlotte Pike Subject | $750,000* List Price | 4 | 3 | 3,517 | $213 | - |
A 8041 Highway 70 S Sold | $799,500 List Price | 4 | 4 | 3,962 | 0.8 mi | |
B 8041 Highway 70 S Sold | $819,900 List Price | 3 | 4 | 3,962 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the home is approximately 24 years old and largely retains its original finishes. The kitchen is dated with oak cabinetry and white appliances showing wear, and the listing explicitly states the property needs updating and repairs. While the structure appears solid and functional, it fits the 'Fair' criteria due to age and the need for modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 218671, living area = 3517.
The property features 5 wooded acres in a highly desirable Davidson County location, offering a rare combination of secluded hillside privacy just minutes from Bellevue Center and downtown Nashville.
The walk-out basement includes finished rooms, a kitchenette, and a 3/4 bath, making it an ideal setup for an in-law suite or a short-term rental to offset mortgage costs.
The home is being sold as part of an estate in 'as-is' condition and requires various updates and repairs, which may complicate financing or require significant immediate capital.
The hillside location and terraced driveway design, while scenic, may present higher long-term maintenance costs and accessibility challenges compared to a traditional level lot.
5 WOODED ACRES just minutes from downtown Nashville with a CUSTOM BRICK HOME built to fit the location! Affordable opportunity to be in a highly desireable area of Davidson Co. Just minutes away from Bellevue Center you will find this beautiful hillside home. The home needs some updating and repairs, and is priced accordingly. This home was custom built in 2001 and sits on 5 acres. Lots of custom touches throughout this home, such as a vaulted poplar tongue-and-grove ceiling in the Great Room, a built in desk in the upstairs loft/office and a custom closet system in the Primary closet. The main floor consists of 3 bedrooms, 2 full baths, eat-in kitchen, formal dining room and utiltiy area just off of the attached 2 car garage. The primary en suite has a newer walk-in jetted tub, tile shower and double vanity. The covered back patio has a built-in kitchen area that would take very little work to bring it back to life! The full basement has 3 finished rooms with a 3/4 bath and a kitchenette. The basement is a walk-out so this could easily be an In-Law suite or short term rental. The basement also has unfinished space and a one car garage area for storage. The home was carefully planned just for the hillside, with terraced driveways and landscaping. The location offers the feel of being isolated, while only being minutes from great shopping and Downtown Nashville. This home is part of an estate and is being offered AS IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,517 | 2,590 | 82% |
| Lot Size | 218,671 | 10,890 | 92% |
| Price | $750.0K | $550.0K | 81% |
| Price per sq ft | $213 | $232 | 38% |
| Built year | 2000 | 1996 | 61% |
| HOA | $0 | $50 | 31% |
| Days on market | 435 | 491 | 48% |
Mar 28, 2025
$750,000
Initial Listing