High End in the East End
I've noticed some remarkable new listings lately in East Nashville for over $800,000.
Yep, there are currently three East Nashville homes listed in the $800k's with one historic mansion nearing $1.4 million.
To illustrate the magnitude of these prices, I have to go even further and mention that there are currently 12 homes listed with a price point above half a million dollars. Here's the list:
1610 Russell $534,900
818 Woodland $542,500
818 Woodland $542,500
1622 Forrest $549,900
1306 Woodland $554,800
1202 Woodland $599,900
813 Russell $650,000
813 Russell $650,000
719 Boscobel $669,615
1407 Stratton $699,900
720 Boscobel $824,615
900 Boscobel $849,500
809 Russell $898,500
504 Russell $1,375,000
The zinger is that Realtracs only records 5 homes ever selling for more than $500k with the highest sale to date at $550k.
Before we all shake are heads at these unprecedented prices, let me reiterate that these homes are quite remarkable, something I have a passion for.
A quality that I've seen in myself is that I really appreciate a great 'environment'. I love taking a space and making it better. Lately, this has been displayed through landscaping or renovating a home. I appreciate quality work and some of these showplaces in East Nashville have it all.
In fact, I toured one such home at 900 Boscobel before it was on the market. Touring the home was almost a 'spiritual experience' for me. I'm not trying to be sacrilegious, actually quite the opposite. The home was built from the ground up. Every material and detail of the home was thought out and assembled like a quality piece of art (note the artistic chandelier pic). I could see glimpses of the Artist throughout and it was incredible.
Anyway, as fantastic as it is, is it worth $849k??? Time will tell, I suppose. Most people that I've talked to about it seem to have huge doubts, but if there is a home that has 'the goods' that home was it.
East Nashville is setting new precedents all the time, from homes selling at $200 per square foot, to having a hot dog stand in an old Volkswagen van. So, hey, why not have some $800k homes in the neighborhood too?
Wanna buy an estate in East Nashville? Call me today. I'd love to help you set some new precedents!
-Peter
www.NashvilleCityHomes.com
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