
Nashville, TN 37221
This Turnkey Multi-Generational Home is a Strong Value Opportunity, listed at $700,000—positioned well below the $702,263 Fair Market Value by 0.32%. Featuring a Mint Condition Rating following $75,000 in 2026 renovations, the property includes a private walk-out basement apartment, a 1.5-acre wooded lot, and a second-story screened porch. With modern mechanicals and no HOA, this residence offers both lifestyle flexibility and financial stability. It is an ideal acquisition for Owner-Occupants seeking multi-generational living or Investors targeting short-term rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8346 Merrymount Dr Subject | $695,000* List Price | 3 | 3 | 2,418 | $290 | - |
A 8366 Highway 70 Sold | $825,000 | 4 | 3 | 2,890 | $285 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent over $75,000 in renovations in 2026, including a down-to-the-studs primary spa bath and a modernized kitchen with stainless appliances. Major systems are nearly new, with a Trane HVAC installed in 2022 and a water heater in 2025. With fresh paint, new carpet, and updated LED lighting throughout, the home is in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59677, living area = 2418.
The property features a fully equipped walk-out basement apartment with a private kitchen, living area, and separate entrance, making it ideal for in-laws, guests, or short-term rental income.
With over $75,000 in renovations completed in 2026, the home boasts a down-to-the-studs primary spa bath, new premium carpet, fresh paint, and updated mechanicals including a 2022 HVAC and 2025 water heater.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2418, other record living area = 2277.
The assigned middle and high schools have relatively low ratings (4 and 3 respectively), which may be a deterrent for families prioritizing top-tier public education.
While heavily updated, the original 1978 construction may still present maintenance challenges or architectural limitations inherent to a home of this vintage.
Fabulous multi-generational home on 1.5 private acres w/ No HOA, just 20 minutes to downtown Nashville! Thoughtfully updated w/ over $75,000 in renovations completed in 2026, this home offers flexible living, peaceful Tennessee views, & incredible outdoor spaces. Enjoy stunning sunsets, abundant wildlife, & your morning coffee from the 19x12 second-story screened porch just off the kitchen. The adjoining Florida room is finished w/ heat & removable windows for year-round enjoyment (not included in square footage). The dramatic main level features vaulted ceilings, exposed wood beams, a bay window, & a floor-to-ceiling stone gas fireplace. The charming kitchen offers Ikea white cabinetry & pantry with pull outs, glass-front cabinets, butcher block countertops, stainless steel appliances, tile backsplash, hardwood floors, crown molding, & a pantry w/ pull-out shelves. The spacious primary suite, created by combining two bedrooms, features a completely renovated, down-to-the-studs spa bath w/ a custom walk-in shower, clawfoot tub, private water closet, designer double vanity, walk-in closet, & private balcony overlooking the backyard. A 2nd bedrm & full bath complete the main level. The walk-out basement includes a private apartment w/kitchen, living room w/ gas fireplace, bedrm w/ closet, full bath, laundry, & private patio w/ new wood privacy partition, ideal for multi-generational living, guests, or an owner-occupied short-term rental.The heated/cooled two-car garage doubles as a game room while still allowing space for vehicles.Additional attic & storage shed provide storage. Recent improvements include fresh interior paint, approximately $10,000 in premium carpet & padding (2026), extensive trim upgrades including wainscoting & crown molding,Trane 2.5-ton HVAC (2022), new water heater (2025) & new stain on garage floor. Invisible fence conveys but is not warranted. New garage floor epoxy coating 2026! New lighting in hallway/ kitchen 2026 w/ LED recessed lights.
No exterior & parking available.
Grades PK-4 • 4.1 mi
Grades 5-8 • 7.1 mi
Grades 9-12 • 6.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,418 | - |
| Lot Size | 59,677 | - |
| Price | $695.0K | $556.8K |
| Price per sq ft | $287 | $306 |
| Built year | 1978 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 484 |
Jul 15, 2026
$695,000
$700,000
-1% Price Drop
Initial Listing
Jun 17, 2026
$700,000
Initial Listing
Mar 30, 1994
$119,000
Public Record