929 Lemont Dr, Nashville, TN 37216, Nashville, 37216 - 3 bed, 2 bath
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Nashville, TN 37216
This Classic Brick Ranch represents a High-Potential Investment Opportunity, listed at $659,900—positioned well below the $867,089 Fair Market Value by 23%. This significant valuation gap provides $207,189 in Instant Equity. While maintaining a Fair Condition Rating with functional but dated finishes, the property features a massive 0.48-acre level lot and a versatile 762 sq. ft. detached garage with loft. Located in prime East Nashville, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project with substantial land.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 929 Lemont Dr Subject | $599,900* List Price | 3 | 2 | 1,644 | $344 | - |
A 1139 Winding Way Sold | $615,000 | 3 | 2 | 1,756 | $350 | 0.8 mi |
B 4202 Glynda Dr Sold | $475,000 | 3 | 1 | 1,528 | $311 | 0.7 mi |
C 4106 Edwards Ave Sold | $595,900 | 3 | 1 | 1,599 | $373 | 0.8 mi |
D 1400 Haysboro Ave Sold | $665,000 | 3 | 2 | 1,734 | $384 | 0.8 mi |
E 1139 Winding Way Sold | $615,000 | 3 | 2 | 1,756 | $350 | 0.8 mi |
F 1105 Haysboro Ave Sold | $555,000 | 3 | 2 | 1,476 | $376 | 0.4 mi |
G 905 Joyce Ln Active | $499,900 List Price | 3 | 2 | 1,544 | $324 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this home is well-maintained and move-in ready but shows significant signs of being outdated. While the kitchen has been refreshed with paint and some stainless appliances, the presence of popcorn ceilings, mirrored accent walls, and older cabinetry styles indicates the property has not undergone a full modern renovation in recent years. It fits the 'fair' criteria as an aged home maintained through regular upkeep with functional but dated components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 1644.
The property includes a substantial 762 sq. ft. detached 2-car garage with a loft area, offering exceptional utility for car collectors, hobbyists, or those needing significant extra storage.
Sitting on nearly half an acre (0.48 acres), the massive level lot is a rare find in East Nashville, providing ample space for outdoor activities, gardening, or potential future expansions.
The assigned middle and high schools have lower performance ratings (3 and 2 respectively), which may be a concern for families prioritizing public school education.
Built in 1958, this brick ranch may require updates to its original systems or cosmetic finishes to meet the modern expectations of buyers at this price point.
"Location, Space, and Utility in East Nashville! This 3-bedroom, 2-bathroom brick ranch offers the perfect footprint for city living without sacrificing land. Situated on a massive 0.48-acre level lot, this property is an outdoor enthusiast’s dream, featuring a spacious patio and plenty of room to roam. Car collectors, hobbyists, or those needing extra storage will fall in love with the 762 sq. ft. detached 2-car garage, complete with a versatile loft area. Located just under 8 miles from the heart of Downtown Nashville, you get the peace of a quiet residential street with immediate access to the city's best dining and entertainment. Don't miss this unique opportunity to own a significant piece of land with premium outbuildings in 37216!"
No exterior & parking available.
Grades PK-4 • 3.2 mi
Grades 5-8 • 0.9 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,644 | 1,741.5 | 46% |
| Lot Size | 20,909 | 12,850 | 76% |
| Price | $599.9K | $550.0K | 64% |
| Price per sq ft | $365 | $330 | 68% |
| Built year | 1958 | 1950 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 581 | 0% |
Apr 15, 2026
$599,900
$659,900
-9% Price Drop
Initial Listing
Mar 20, 2026
$659,900
Initial Listing