The Watauga

Last updated: May 16, 2026

The Watauga 2003 boutique mid-rise condominium at 401 Church Street in Downtown Nashville with 1-2 bedroom condos layouts

The Watauga at 401 Church Street is a 2003 boutique mid-rise condominium in Downtown Core, Downtown Nashville, developed by Adams + Bell Development, holding 56 residential units across 9 stories, with a unit mix spanning 1-2 bedroom condos. Over the trailing 18 months, 3 closed sales record at the building, with a 2-BR median of $776,000 and a median days-on-market of 0 days. Buyers searching for Watauga condos Nashville most often land at The Watauga.

Specifically, the building delivers a boutique 56-unit footprint with sub-1-day median DOM in recent trailing-12-month closings. For broader context, see how The Watauga compares to neighboring downtown buildings including Bennie Dillon, Viridian.

Current Watauga Condos for Sale

Active MLS listings at The Watauga, sorted by price descending. Listings refresh from the current Greater Nashville REALTORS feed.

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

(all data current as of 5/16/2026)

Listing information deemed reliable but not guaranteed.

What Is The Watauga?

The Watauga secured entrance at 401 Church Street in Downtown Nashville Downtown Core condo building

Currently, The Watauga is a 2003 boutique mid-rise condominium at 401 Church Street in Downtown Core. The building holds 56 residential units across 9 stories, with a unit mix spanning 1-2 bedroom condos.

Construction completed in 2003, under Adams + Bell Development.

For context, the Downtown Core corridor anchors a working mix of state government, entertainment district employment, downtown corporate offices, and hospitality. Within a five-minute walk, residents reach the Tennessee State Capitol, Public Square Park, and the Church Street central business district.

At a Glance
Address: 401 Church Street, Nashville, TN 37219

Year completed: 2003

Stories: 9

Total units: 56

Unit mix: 1-2 bedroom condos

Parent neighborhood: Downtown Core

Closed sales (trailing 18 months): 3

Closed price range: $545,000 to $776,000

Median closed price: $625,000

Median DOM: 0 days

The Watauga Condo Prices in 2026

For context, The Watauga trades in the downtown Nashville condo band reflective of its 2003 vintage, 9-story footprint, and 56-unit count. The trailing 18 months record 3 closed sales spanning $545,000 to $776,000, with a median closed price of $625,000 and a median 0-day DOM.

Median DOM at 0 days places The Watauga fast relative to the downtown Nashville condo range.

  • 1-bedroom closings: 2 closed sales, median $585,000.
  • 2-bedroom closings: 1 closed sale, median $776,000.

For broader Downtown Nashville pricing context covering Viridian, Encore, Bennie Dillon, and the Banner Block, see the Downtown Nashville condos guide.

The Watauga Amenities

For prospective buyers, The Watauga delivers an amenity package consistent with its 2003 vintage and 9-story footprint. Specifically, the building’s value is split between on-site features and corridor walkability.

  • Secured parking with assigned spaces
  • Elevator service
  • Boutique unit count (low neighbor density)
  • Ground-floor retail walkability
  • Secured entry with controlled-access lobby
  • Elevator access throughout the residential floors
  • Pet-friendly per HOA bylaws (verify weight and breed restrictions)

The Watauga amenity deck and shared common spaces at 401 Church Street in Downtown Core condo building

Overall, the building’s strongest amenity is location, not on-site features. In short, residents step directly into the downtown Nashville walking grid with the Cumberland River, the Lower Broadway entertainment district, and the central business district all within a 10-minute walk.

Living at The Watauga

For context, The Watauga sits within Downtown Core. Notably, the building places residents four blocks north of the Tennessee State Capitol, two blocks east of Public Square Park, and directly accessible at street level of the central business district.

Additionally, the building sits within walking distance of the Schermerhorn Symphony Center, the Country Music Hall of Fame, and the Cumberland River walking corridor. Today, the corridor anchors a working mix of state government, downtown corporate offices, and the Lower Broadway hospitality sector.

For commute context, the building sits directly within downtown Nashville. Furthermore, Nashville International Airport sits roughly 12 minutes east via Korean Veterans Boulevard, and Vanderbilt University sits 8 minutes west via West End Avenue.

The Watauga Floor Plans

Specifically, The Watauga carries a unit mix spanning 1-2 bedroom condos. The MLS-documented closings in the trailing 18 months cover the building’s working floor plates at each unit size.

  • 1-bedroom plates: 2 closed sales at median $585,000. Verify exact square footage and floor plate orientation per the active MLS listing.
  • 2-bedroom plates: 1 closed sale at median $776,000. Verify exact square footage and floor plate orientation per the active MLS listing.

In particular, upper-floor units carry the strongest views and command the highest per-foot pricing within the building. By contrast, lower-floor plates trade at the lowest per-sf pricing and present the strongest entry point for first-time downtown condo buyers.

The Watauga Investment Outlook

Overall, The Watauga draws three buyer profiles. First, downtown professionals target the smaller floor plates for walkability to the central business district, Bridgestone Arena, and Lower Broadway. The unit-mix range delivers useful primary-residence space at a price band below comparable new-construction inventory in the Gulch and SoBro corridors.

Second, downsizing buyers from Forest Hills, Belle Meade, and Green Hills target the larger floor plates as lock-and-leave primary residences with downtown walkability. The top-of-band closings document the building’s price ceiling for the larger plates.

Third, short-term rental allowance at The Watauga depends on HOA bylaws plus Metro Nashville STR permit rules. Therefore, verify in writing with the HOA before any buyer purchase intended for STR use. Notably, Davidson County does not allow non-owner-occupied STR permits in residential zoning districts.

Notably, the 0-day median DOM at The Watauga signals fast resale velocity for the building relative to the downtown Nashville condo range. By comparison, neighboring high-rise buildings such as Viridian (median 57 days) and Encore (median 43 days) bracket the downtown norm.

For buyers looking at The Watauga, three factors apply. First, confirm HOA STR policy in writing if rental income is part of the buy plan. Second, verify FHA project approval status through the HUD FHA condo project approval lookup before pursuing FHA financing. Third, evaluate the specific unit floor plate carefully, since each unit represents a distinct layout rather than a standardized plate.

The Watauga FAQs

Buyers evaluating The Watauga consistently ask a tight set of money and operational questions before booking a tour or writing a contract. The answers below reflect current MLS data and trusted source knowledge as of May 2026.

How many condos are at The Watauga?

Currently, The Watauga holds 56 residential condo units across 9 stories. Verify exact total unit count with the HOA at the time of buy. Notably, over the past 18 months, 3 units closed at the building.

When was The Watauga built?

Specifically, construction finished in 2003. The building delivered under Adams + Bell Development in Downtown Core / Church Street corridor.

What is the price range at The Watauga?

Over the past 18 months, closed sales at The Watauga recorded between $545,000 and $776,000, with a median of $625,000.

Are short-term rentals allowed at The Watauga?

Short-term rental allowance depends on the HOA bylaws plus Metro Nashville STR permit rules. Therefore, verify in writing with the HOA before any buyer purchase intended for STR use. Notably, Davidson County does not allow non-owner-occupied STR permits in residential zoning districts.

Is The Watauga FHA approved?

Therefore, check current FHA project approval at the HUD FHA condo lookup before pursuing FHA financing. FHA approval expires every three years, and the HOA must renew approval through HUD.

What is the closest park to The Watauga?

Currently, the closest public park is Public Square Park, two blocks east at the corner of Third Avenue North and Union Street.

How does The Watauga compare to Bennie Dillon?

By comparison, both buildings sit within Downtown Nashville. Bennie Dillon offers a different unit-mix and price band; the two buildings draw distinct buyer profiles. See the Bennie Dillon building profile for current MLS pricing context.

Further Reading and Local Authority Sources

Work With a Watauga Specialist

I am Grant Hammond, a Nashville real estate broker at Compass RE with 25 years of experience and over $1 billion in career sales. My team has closed 550-plus short-term rental transactions and 350-plus high-rise condominium transactions across Middle Tennessee, including the Downtown Core corridor and the surrounding downtown core.

If you are buying or selling at The Watauga, reach out for current MLS analysis, floor-by-floor pricing benchmarks, HOA financial review, and unit-level comp work. Call or text me directly at (615) 945-7123, or use the form below to get started. Tennessee Broker License #261980. Broker fees are not set by law and are fully negotiable.

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