Description of 261 Nesbitt Ln, Madison, TN 37115
To be built. Resort-style, gated living minutes from the heart of East Nashville sets this home apart, with a pool, gym, and dog park creating a true lock-and-leave lifestyle inside Chadwick in Madison. First-phase pricing adds immediate value, positioning this opportunity ahead of the market while inventory is still limited. Inside, the Sutton delivers true single-family living with three bedrooms and a smart three-story layout that separates daily living, entertaining, and private retreats. The second-floor open kitchen, dining, and living space is designed for hosting, with natural light, a walk-out balcony, and dedicated pantry and laundry that keep life organized. Upstairs, the private primary suite and secondary bedrooms create quiet separation from the main living level, while the attached two-car garage adds storage and everyday convenience rarely found this close to the city.
Listing updated: 2/16/2026
To be built. Resort-style, gated living minutes from the heart of East Nashville sets this home apart, with a pool, gym, and dog park creating a true lock-and-leave lifestyle inside Chadwick in Madison. First-phase pricing adds immediate value, positioning this opportunity ahead of the market while inventory is still limited. Inside, the Sutton delivers true single-family living with three bedrooms and a smart three-story layout that separates daily living, entertaining, and private retreats. The second-floor open kitchen, dining, and living space is designed for hosting, with natural light, a walk-out balcony, and dedicated pantry and laundry that keep life organized. Upstairs, the private primary suite and secondary bedrooms create quiet separation from the main living level, while the attached two-car garage adds storage and everyday convenience rarely found this close to the city.
| LAST UPDATED | 2/16/2026 | TRACT | The Chadwick |
|---|---|---|---|
| YEAR BUILT | 2026 | GARAGE SPACES | 2.0 |
| COUNTY | Davidson | STATUS | Pending |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Stratton Elementary |
|---|---|
| Jr. High School | Madison Middle |
| High School | Hunters Lane Comp High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Trash |
| APPLIANCES | Electric Oven |
| BASEMENT | None |
| CONSTRUCTION | Fiber Cement |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 168 |
| LOT | 0 |
| PARKING | Alley Access |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Contemporary |
| SUBDIVISION | The Chadwick |
| UTILITIES | Water Available, Underground Utilities |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties marked with the MTRMLS approved logo are provided courtesy of the RealTracs Internet Data Exchange Program
Copyright 2026 MTRMLS, Inc.
Information Is Believed To Be Accurate But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
About this condo
Status: this condo is currently under contract, per RealTracs as of June 27, 2026.
261 Nesbitt Ln, Madison, TN 37115 is a 4-bedroom, 3.5-bath condo in Madison, TN 37115, offered at $389,900, about $227/sq ft across 1,719 sq ft.
Bedroom count: this condo is listed in the MLS structured data as 4 bedrooms, while the listing remarks describe a 3-bedroom layout. We report the structured MLS count (4); confirm the configuration that matters to you.
At $227/sq ft, this condo is about 3% above the The Chadwick median list price per square foot of $221.
Recently sold at The Chadwick: 3 comparable homes from $329,900 to $413,300, a median of $221/sq ft; this listing at $227/sq ft is about 3% above recent sold prices.
All-in, about $2,674/mo at 10% down (6.42% 30-yr).
Beyond principal and interest, the recurring carrying costs on this condo (estimated property tax (about $226/mo), insurance (about $81/mo), and HOA (about $168/mo)) run about $475/mo, roughly 18% of the all-in monthly payment.
How is it priced in Madison?
| Active listings | 26 |
|---|---|
| Median list price | $389,900 |
| Median $/sqft (list) | $221 |
As of 2026-06-24 (26 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this condo compares in The Chadwick
At $227/sq ft, this condo ranks in the 69th percentile of the 23 active condos in The Chadwick by price per square foot.
Computed by Grant Hammond from 23 active The Chadwick comparables (RealTracs via IDX), refreshed weekly. Analysis, not an appraisal.
Financing 261 Nesbitt Ln, Madison
The estimated monthly payment for 261 Nesbitt Ln, Madison is about $2,674: a conforming 30-year mortgage at 6.416% with 10% down, including property tax, insurance, and HOA. Estimate only; not a loan offer or appraisal.
- Principal & interest: $2,199
- Property tax (est.): $226
- Insurance (est.): $81
- HOA: $168
- Income to qualify: $114,594
- Cash to close: $50,687
- Equity at yr 5: $61,729
30- vs 15-year fixed, monthly. Source: Freddie Mac & Optimal Blue via FRED, updated 2026-06-25.
Tax is estimated at the 25% residential ratio on list price; the actual annual tax is used whenever the listing or county reports it. Insurance/PMI are estimates; rate is editable. Estimate only; not a loan offer.
Frequently asked questions
Is 261 Nesbitt Ln still for sale?
261 Nesbitt Ln is currently under contract as of 2/16/2026, per RealTracs. Contact Grant Hammond, Compass RE, to ask whether backup offers are being accepted.
Is 261 Nesbitt Ln new construction?
261 Nesbitt Ln is a 2026 new-construction building, per the listing. For new construction, confirm the delivery timeline, what conveys, and the HOA budget with the developer before closing.
How much does 261 Nesbitt Ln cost?
261 Nesbitt Ln is listed at $389,900, about $227 per square foot across 1,719 square feet (as of 2/16/2026).
What is the price per square foot for 261 Nesbitt Ln?
261 Nesbitt Ln is priced at $227 per square foot, 1,719 square feet at $389,900 (as of 2/16/2026).
What are the HOA dues for 261 Nesbitt Ln?
HOA dues for 261 Nesbitt Ln are $168 per month, as listed (as of 2/16/2026).
Does 261 Nesbitt Ln have a garage?
Yes. 261 Nesbitt Ln has a garage, per the listing.
Does 261 Nesbitt Ln have a basement?
No. 261 Nesbitt Ln has no basement, per the listing.
When was 261 Nesbitt Ln built?
261 Nesbitt Ln was built in 2026.
What is the estimated monthly payment for 261 Nesbitt Ln?
About $2,674 per month at 6.416% on a 30-year loan with 10% down, including the actual property tax and an insurance estimate. Estimate only, not a loan offer.
What schools serve 261 Nesbitt Ln?
261 Nesbitt Ln is zoned for Stratton Elementary, Madison Middle, Hunters Lane Comp High School, per the listing. Verify current enrollment and zoning with the district.
Similar listings at The Chadwick
- 257 Nesbitt Ln Madison, $379,900, 3 bd / 3.5 ba, 1,820 sq ft
- 121 Chadwick Ct Madison, $400,970, 3 bd / 3.5 ba, 1,856 sq ft
- 255 Nesbitt Ln Madison, $407,950, 4 bd / 3.5 ba, 1,855 sq ft
- 116 Chadwick Ct Madison, $359,900, 3 bd / 2.5 ba, 1,856 sq ft
- 104 Chadwick Ct Madison, $359,900, 3 bd / 2.5 ba, 1,856 sq ft
- 259 Nesbitt Ln Madison, $421,450, 4 bd / 3.5 ba, 1,719 sq ft
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