This as-is, where-is 1940s ranch-style home presents a premier development opportunity in the heart of East Nashville's Shelby Hills. Situated on a lot that directly backs up to the 300-acre Shelby Park, the property offers rare potential for high-end residential construction in a neighborhood already characterized by multimillion-dollar new builds. Original square footage of 1481 with primary bedroom and bath on primary floor with walk-in/partially finished basement, heated and cooled. Unparalleled Backyard: The rear yard backs up to Shelby Park's golf courses, disc golf, river views, and extensive trail systems. Zoning & Scale: Classified under RS5 zoning (Single-Family Residential), the ~6,534 sq. ft. lot is ideal for a luxury replacement home that matches the neighborhood's rapidly appreciating market. Investment Context: Nearby luxury listings regularly exceed $2.5M to $3M+, signaling strong demand for high-end inventory in this East Nashville pocket. Located in one of Nashville's most vibrant and sought-after communities, known for its eclectic dining, boutique shopping, and active arts scene. Minutes away from local favorites like Rosepepper Cantina, Two Ten Jack, and the Five Points hub. Enjoy a peaceful, park-adjacent setting while remaining less than 2.5 miles from Downtown Nashville and major interstate connectors like I-24. Buyer and Buyer's agent to verify all information deemed to be correct.
Listed By
Agency Name: Benchmark Realty, LLC
Agency Phone: 6152888292
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,661.73 per month $1,224.06 Principal & Interest $277.25 Property Tax $160.42 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
1602 Electric Ave | MLS# 3146898
This single family home located at 1602 Electric Ave , Nashville, TN 37206 is currently listed for sale with an asking price of $550,000. This property was built in 1953 and has 1 bedrooms and 1 full baths with 1 sq. ft. Electric Ave is located in the Shelby Village subdivision. Search Shelby Village real estate on www.clhomes.com today.