1602 Electric Ave Nashville, TN 37206 Open Sun 2PM-4PM

UPDATED: 03/13/2026 06:29 PM ON MARKET: 4 days on market

$550,000

1 Bed1 Bath1 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $550,000

Subdivision Shelby Village

MLS Listing ID 3146898

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1953

Annual Tax Amount $3,327

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 69 X 93

Property Sub-Type Single Family Residence

Property Description

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.