
Nashville, TN 37214
This Brand-New Construction Home is a Strong Value Opportunity, listed at $609,990—positioned slightly above the $600,995 Fair Market Value. While the list price reflects a premium for new construction, the property offers significant financial incentives, including aggressive mortgage rate buy-downs and $10,000 in closing cost assistance. Featuring a 2,922 sqft Guilford floor plan with an Oversized Backyard and Mint Condition Rating, this home provides modern efficiency and privacy. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers prioritizing long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 929 Watercourse Ct Subject 4 bd · 4 ba · 2,922 sqft · $205 | $599,990* List Price | 4 | 4 | 2,922 | $205 | - |
A 500 Canal Circle Sold 3 bd · 3 ba · 2,442 sqft · $245 · 0.1 mi | $599,000 | 3 | 3 | 2,442 | $245 | 0.1 mi |
B 553 Canal Circle Sold 4 bd · 4 ba · 2,436 sqft · $229 · 0.0 mi | $558,500 | 4 | 4 | 2,436 | $229 | 0.0 mi |
C 2129 Wooddale Ln Sold 3 bd · 4 ba · 2,410 sqft · $214 · 0.7 mi | $515,000 | 3 | 4 | 2,410 | $214 | 0.7 mi |
D 934 Watercourse Court Active 4 bd · 4 ba · 2,922 sqft · $208 · 0.1 mi | $608,770 List Price | 4 | 4 | 2,922 | $208 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand-new construction built in 2026. The property is in mint condition with a modern open-concept kitchen, stainless steel appliances, new flooring, and brand-new HVAC and electrical systems requiring zero maintenance.
The seller offers significant mortgage rate buy-downs (as low as 5.25%) and up to $10,000 in closing cost assistance, providing substantial day-one equity and monthly savings for buyers.
Unlike many high-density new builds, this property features an oversized backyard with no rear neighbors, offering enhanced privacy and direct access to the Nashville Greenway.
The 2,922 sqft Guilford model maximizes utility with four bedrooms, a dedicated first-floor study, and two separate living areas, catering perfectly to modern work-from-home and family needs.
The property is currently under construction, which may pose a challenge for buyers with immediate relocation needs or those who prefer to inspect a finished home before purchase.
While convenient for commuting, the close proximity to Briley Parkway and BNA airport may result in elevated ambient noise levels from traffic and aircraft.
FINAL 5 OPPORTUNITIES IN PENNINGTON MILLS! Why wait to buy when you can take advantage of incredible financing on a BRAND-NEW HOME? Qualified buyers may choose an FHA rate as low as 5.25% or a Conventional rate as low as 5.875% at NO COST to the buyer—or choose a SELLER-PAID 2/1 BUYDOWN instead! PLUS, receive up to $10,000 toward closing costs with use of Seller’s approved lender, M/I Financial. Terms, conditions, and qualifications apply. UNDER CONSTRUCTION with anticipated SEPTEMBER COMPLETION, this Guilford is your opportunity to get into Pennington Mills before this Nashville community is SOLD OUT! The Guilford delivers BIG on space with 4 BEDROOMS, 3.5 BATHROOMS, a private FIRST-FLOOR STUDY, and TWO LIVING SPACES—giving you the flexibility for a home office, bonus room, playroom, media space, or room for everyone to spread out. The open-concept main level is bright and inviting, with a modern kitchen, sleek countertops, beautiful finishes, and plenty of space for entertaining. And wait until you see the backyard! This homesite features an OVERSIZED BACKYARD with NO REAR NEIGHBORS, offering extra space and privacy that can be hard to find this close to Nashville. Pennington Mills is an intimate community of only 42 homes in the heart of Donelson, just off Briley Parkway. Enjoy easy access to Downtown Nashville, BNA, dining, entertainment, and outdoor recreation—all while coming home to a true neighborhood setting. Pennington Mills also connects to the NASHVILLE GREENWAY, where you can follow the walking trail toward the Cumberland River, playground, and wooded areas to explore. ONLY 5 HOMES REMAIN—and when they’re gone, Pennington Mills is SOLD OUT. Take advantage of today’s financing incentives, secure your new home, and be settled into your BRAND-NEW HOME this fall!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,922 | 2,045.139 |
| Lot Size | - | 10,890 |
| Price | $600.0K | $556.0K |
| Price per sq ft | $205 | $305 |
| Built year | 2026 | 1971 |
| HOA | $80 | $133 |
| Days on market | 107 | 70 |
Oct 2, 2026
$599,990
$609,990
-2% Price Drop
Initial Listing
Jul 9, 2026
$609,990
Initial Listing