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1540 Lebanon Pike 204, Nashville, TN 37210

1540 Lebanon Pike 204, Nashville, TN 37210, Active at $282,900 ($312/sq ft). 2 bd · 2 ba · 906 sqft · $312/sqft · 0.02 ac.

Active · $282,900

2 beds2 baths906 sq ft$312 /sq ft0.02 acres

MLS #3164012 · listed March 25, 2026 · 198 days on market · updated September 21, 2026

2-bed, 2-bath condo at 1540 Lebanon Pike 204 in The Flats At Ontario, Nashville, 906 sqft, $282,900 ($312/sqft), by Crye-Leike, Inc., REALTORS.

The quick read

1540 Lebanon Pike 204 is a 2-bedroom, 2-bath condo in Nashville, TN 37210, offered at $282,900, about $312/sq ft across 906 sq ft.

At $312/sq ft, this condo is about 18% below The Flats At Ontario median list price per square foot of $382.

Market read: the Nashville 37210 condos market is buyer-favored, at about 6.4 months of inventory.

All-in, about $2,234/mo at 20% down (7.48% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $655/mo, roughly 29% of the all-in monthly payment.

At the current 7.48% 30-year rate, principal and interest on this condo runs about $1,579/mo; at the 6.64% rate of about three months ago it would be roughly $1,451/mo, so monthly P&I is about $128 higher now.

Next step: ask Grant Hammond anything about 1540 Lebanon Pike 204 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 21, 2026. Realtracs via IDX.

This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Description of 1540 Lebanon Pike 204

Motivated Seller Under Market Comps! Experience the perfect blend of comfort, convenience, and style in this beautifully maintained 2-bedroom, 2-bath condo located in the gated Ontario community. Built in 2022, this move-in-ready home features an open-concept layout with abundant natural light, a spacious kitchen with stainless steel appliances, and an LG washer and dryer that convey with the home. The thoughtfully designed split-bedroom floor plan offers privacy for both owners and guests, while the primary suite includes a generous walk-in closet and a private bath. Whether you're relaxing at home or entertaining friends, this inviting space is designed for easy, low-maintenance living. Enjoy resort-style community amenities including a sparkling pool, fitness center, clubhouse, and fenced dog park. Ideally located just minutes from Downtown Nashville, Nashville International Airport (BNA), major interstates, shopping, dining, and entertainment, you'll have everything Music City has to offer right at your doorstep. Whether you're looking for your primary residence, a second home, or an investment opportunity, this exceptional condo offers modern finishes, a prime location, and outstanding value in one of Nashville's fastest-growing areas.

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

Built 2022GatedPool

Full property details

Complete reported fields for 1540 Lebanon Pike 204 (reference).

MLS #3164012
StatusActive
Price$282,900
Price / sqft$312
Bedrooms2
Bathrooms2
Living area906 sqft
Lot size0.02 acres
Year built2022
All 27 property fields
Stories1
HeatingCentral
CoolingYes
BasementNone
ConstructionBrick
Annual taxes$2,022
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
PoolIn Ground, Private
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
HOA dues$255 / mo
SubdivisionThe Flats At Ontario
CountyDavidson
AmenitiesMaintenance Grounds, Maintenance Structure, Pest Control, Trash
ListedMarch 25, 2026
Days on market198
UpdatedSeptember 21, 2026

Listing activity

DateEventPriceChange
Price change$282,900-$7,100 (-2.4%)
Price change$290,000-$5,999 (-2.0%)
Price change$295,999-$4,000 (-1.3%)
Price change$299,999-$9,901 (-3.2%)
Listed$309,900
Deed recorded$251,900
Quitclaim deed$0

Listed March 25, 2026, this listing has been on the market 198 days as of October 9, 2026. The price has been reduced 4 times, from $309,900 to $282,900 (-8.7%), most recently on September 24, 2026.

  • Listed at $282,900, about 12% above the last recorded sale ($251,900, September 6, 2022).
  • County assessment: $351,200 total appraised value (land $60,000 + improvements $291,200).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

Cost of ownership

Estimated monthly ownership for 1540 Lebanon Pike 204 at $282,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$282,900
HOA dues$255 / mo
HOA fee includesConfirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost.
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 1540 Lebanon Pike 204, Nashville

Estimated total monthly payment for 1540 Lebanon Pike 204 is about $2,234/mo, 20% down on a 30-year fixed at 7.48% (a conforming loan), including principal & interest $1,579, estimated property tax $166, homeowners insurance $234, and HOA dues $255. Estimate only; not a loan offer.

Principal & interest$1,579/mo
Property tax (est.)$166/mo
Homeowners insurance (est.)$234/mo
HOA dues$255/mo
Estimated total$2,234/mo

Assumes 20% down, 30-year fixed at 7.48% (Mortgage News Daily, as of October 9, 2026). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.48%$1,428/mo$2,083/mo-$151/mo
6.98%$1,503/mo$2,158/mo-$76/mo
7.48%$1,579/mo$2,234/mocurrent
7.98%$1,658/mo$2,313/mo+$79/mo
8.48%$1,737/mo$2,392/mo+$158/mo

Principal & interest on a 30-year fixed at 20% down ($226,320 loan), with property tax, insurance, and HOA held constant at $655/mo. Current 30-year fixed 7.48% (Mortgage News Daily, as of October 9, 2026). Estimate only; not a loan offer.

Buy versus rent, 1540 Lebanon Pike 204

Owning 1540 Lebanon Pike 204 runs about $2,234/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.

Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.

True cost of ownership, HOA included

HOA dues$255 / mo (about 11% of the estimated total payment)
HOA per year$3,060
HOA over 5 years$15,300 (at current dues)
Effective carrying cost$2.458 / sq ft / mo (estimated total over 906 sq ft)

HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.

How this condo is priced in its building

How 1540 Lebanon Pike 204 compares in The Flats At Ontario

MetricThis condoThe Flats At Ontario activeRecently sold
Price / sq ft$312$381 median-
Price position0th pctile-18% vs median-
The Flats At Ontario vs Nashville 37210 area-+10%-

This listing beside the active The Flats At Ontario market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 9, 2026.

How this condo compares in The Flats At Ontario

At $312/sq ft, this condo is among the lowest-priced of the 11 active condos in The Flats At Ontario by price per square foot (0th percentile).

The Flats At Ontario trades about 10% above Nashville 37210 area on a price-per-square-foot basis.

Taken together, this condo reads toward the lower end per square foot for The Flats At Ontario.

Computed by Grant Hammond from 11 The Flats At Ontario comparables (Realtracs via IDX), as of October 9, 2026, refreshed weekly.

Competition & market pace

Active listings73 in Nashville 37210 condos
Recent absorptionabout 11.4 sales / mo
Months of inventory6.4 months, a buyer-favored market (ample supply)

Supply-side and recent-sale context for Nashville 37210 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37210 condos closings. Source Realtracs via IDX, as of September 26, 2026.

Location & neighborhood

1540 Lebanon Pike 204 sits in The Flats At Ontario, Nashville, Davidson County.

The Flats At Ontario market snapshot

In The Flats At Ontario, homes there are priced around $382 per square foot; inventory in Nashville 37210 condos is running at about 6.4 months, a buyer-favored market.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of September 28, 2026.

Approximately 3.5 miles from downtown Nashville (straight-line distance).

Assigned schools

1540 Lebanon Pike 204 is zoned for Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

High
McGavock Comp High School

Ask Grant about 1540 Lebanon Pike 204

Get the full details, recent comparable sales, and any off-market options for 1540 Lebanon Pike 204 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Listed by Jody Davis, Crye-Leike, Inc., REALTORS. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.

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Frequently asked questions about 1540 Lebanon Pike 204

Is 1540 Lebanon Pike 204, Nashville still for sale?

As of the latest update (September 21, 2026), 1540 Lebanon Pike 204, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 1540 Lebanon Pike 204 been on the market?

1540 Lebanon Pike 204 was listed on March 25, 2026 and has been on the market 198 days as of October 9, 2026, per Realtracs.

Has the price of 1540 Lebanon Pike 204 changed?

Yes. It was first listed at $309,900. The price has been reduced 4 times, most recently to $282,900 on September 24, 2026, a total change of -8.7%.

How much does 1540 Lebanon Pike 204, Nashville cost?

1540 Lebanon Pike 204, Nashville is listed at $282,900, about $312 per square foot across 906 square feet.

How many bedrooms and bathrooms does 1540 Lebanon Pike 204, Nashville have?

2 bedrooms and 2 bathrooms.

What is the price per square foot?

About $312 per square foot ($282,900 across 906 sqft).

When was 1540 Lebanon Pike 204, Nashville built?

1540 Lebanon Pike 204, Nashville was built in 2022.

Does 1540 Lebanon Pike 204, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $255 per month, as listed.

What subdivision is 1540 Lebanon Pike 204, Nashville in?

1540 Lebanon Pike 204, Nashville is in The Flats At Ontario subdivision of Nashville.

What is the estimated monthly payment for 1540 Lebanon Pike 204, Nashville?

About $2,234 a month with 20% down on a 30-year fixed at 7.48%, principal and interest $1,579, estimated property tax $166, insurance $234, and HOA $255. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 1540 Lebanon Pike 204, Nashville zoned for?

1540 Lebanon Pike 204, Nashville is zoned for Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

What do the HOA dues cover at 1540 Lebanon Pike 204, Nashville?

HOA dues are $255 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 1540 Lebanon Pike 204, Nashville priced versus the building?

At $312 per square foot, 1540 Lebanon Pike 204, Nashville is in the 0th percentile of active listings in The Flats At Ontario, about 18% below the $382 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

How do I schedule a tour of 1540 Lebanon Pike 204, Nashville?

Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.

How do I make an offer on 1540 Lebanon Pike 204, Nashville?

Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.

Are more photos and details available for 1540 Lebanon Pike 204, Nashville?

Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.

Who can tell me more about 1540 Lebanon Pike 204, Nashville?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 1540 Lebanon Pike 204, Nashville priced compared to the market?

At about $312 per square foot, 1540 Lebanon Pike 204, Nashville ranks in the 0th percentile of active The Flats At Ontario listings by price per square foot, roughly 18% below The Flats At Ontario median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville 37210 condos market favoring buyers or sellers?

The Nashville 37210 condos market is currently buyer-favored (ample supply), at about 6.4 months of inventory, per Realtracs as of September 26, 2026.

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