5840 Hillsboro Pike, Nashville, TN 37215
5840 Hillsboro Pike, Nashville, TN 37215, Active at $22,500,000 ($16,071/sq ft). 0 bd · 2 ba · 1,400 sqft · $16,071/sqft · 21.45 ac.
5840 Hillsboro Pike, Nashville, TN 37215, Active at $22,500,000 ($16,071/sq ft). 0 bd · 2 ba · 1,400 sqft · $16,071/sqft · 21.45 ac.
Active · $22,500,000
MLS #3200277 · listed May 3, 2026 · 169 days on market · updated June 24, 2026
0-bed, 2-bath home at 5840 Hillsboro Pike in Forest Hills, Nashville, 1,400 sqft, $22,500,000 ($16,071/sqft), by The Rudy Group.
5840 Hillsboro Pike is a 2-bath home in Nashville, TN 37215, offered at $22,500,000, about $16,071/sq ft across 1,400 sq ft.
Market read: the Nashville 37215 homes market is balanced, at about 5 months of inventory; recent sales have closed near 96.7% of list over the past year.
All-in, about $141,754/mo at 20% down (7.65% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $14,041/mo, roughly 10% of the all-in monthly payment.
At the current 7.65% 30-year jumbo rate, principal and interest on this home runs about $127,713/mo; at the 6.87% rate of about three months ago it would be roughly $118,187/mo, so monthly P&I is about $9,526 higher now.
School zone: assigned to Percy Priest Elementary, John Trotwood Moore Middle, Hillsboro Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 5840 Hillsboro Pike (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of June 24, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
See Link to Website for full property details. https://www.hillsboropikeluxuryliving.com. Located in the heart of Forest Hills along Hillsboro Pike, this 21.45 - acre property offers one of the largest private estate opportunities currently available in Nashville. Preliminary concept drawings by architecturally trained designer Ray Booth of the acclaimed McALPINE firm are available as a source of inspiration. Buyers also have the opportunity to engage Ray Booth and the McALPINE team to help design and realize their dream home. Set behind mature hardwoods and an expansive rolling lawn, the land provides exceptional privacy while maintaining convenient access to Green Hills, Brentwood and downtown Nashville. THE EXISTING RESIDENCE IS A TEAR DOWN, creating a true blank canvas for a custom luxury estate. Several high-value improvements remain, making this property uniquely positioned for immediate vision and development. Limited Service Listing-Buyer and/or buyer's agent to verify all information.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 5840 Hillsboro Pike (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Off market | |||
| Price change | $22,500,000 | -$6,000,000 (-21.1%) | |
| Listed | $28,500,000 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $3,850,000 | ||
| Quitclaim deed | $0 |
Listed May 3, 2026, this listing has been on the market 169 days as of October 19, 2026. The price has been reduced once, from $28,500,000 to $22,500,000 (-21.1%). The most recent change was first seen on our daily record June 28, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
5840 Hillsboro Pike has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| Listing removed | — | Realtracs MLS #3200277 | |
| by | Price change | $22,500,000 | Realtracs MLS #3230187 |
| by | Price change | $22,500,000 | Realtracs MLS #3200277 |
| Listed for sale | $28,500,000 | Realtracs MLS #3200277 | |
| Listed for sale | $28,500,000 | Realtracs MLS #3230187 | |
| Sold (public record) | $3,850,000 | Public record |
Realtracs listing activity before June 18, 2026 is not in our archive. Recorded sales come from Davidson County public records. "by" marks a date the archive learned after the fact.
The Davidson County Assessor's appraised value of 5840 Hillsboro Pike by year: $196,700 in 1999 to $1,245,100 in 2025, a change of +533%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $1,245,100 | $0 | $0 | $1,245,100 | ROLL |
| 2021 | $1,134,400 | $0 | $0 | $1,134,400 | ROLL |
| 2017 | $930,000 | $0 | $0 | $930,000 | INF |
| 2013 | $771,000 | $0 | $0 | $771,000 | ROLL |
| 2009 | $771,000 | $0 | $0 | $771,000 | ROLL |
| 2005 | $396,000 | $0 | $0 | $396,000 | ROLL |
| 2001 | $236,100 | $0 | $0 | $236,100 | ROLL |
| 2000 | $196,700 | $0 | $0 | $196,700 | ROLL |
| 1999 | $196,700 | $0 | $0 | $196,700 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Estimated monthly ownership for 5840 Hillsboro Pike at $22,500,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $22,500,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 5840 Hillsboro Pike is about $141,754/mo, 20% down on a 30-year fixed at 7.65% (a jumbo loan), including principal & interest $127,713, estimated property tax $13,041, homeowners insurance $1,000. Estimate only; not a loan offer.
| Principal & interest | $127,713/mo |
|---|---|
| Property tax (est.) | $13,041/mo |
| Homeowners insurance (est.) | $1,000/mo |
| Estimated total | $141,754/mo |
Assumes 20% down, 30-year fixed at 7.65% (Mortgage News Daily, as of October 19, 2026). Property tax uses the Davidson County General 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.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.65% | $115,554/mo | $129,595/mo | -$12,159/mo |
| 7.15% | $121,573/mo | $135,614/mo | -$6,140/mo |
| 7.65% | $127,713/mo | $141,754/mo | current |
| 8.15% | $133,965/mo | $148,006/mo | +$6,252/mo |
| 8.65% | $140,322/mo | $154,363/mo | +$12,609/mo |
Principal & interest on a 30-year fixed at 20% down ($18,000,000 loan), with property tax, insurance held constant at $14,041/mo. Current 30-year fixed 7.65% (Mortgage News Daily, as of October 19, 2026). Estimate only; not a loan offer.
Owning 5840 Hillsboro Pike runs about $141,754/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.
| Metric | This home | Forest Hills active | Recently sold |
|---|---|---|---|
| Price / sq ft | $16,071 | $900 median | - |
| Price position | 100th pctile | +1686% vs median | - |
| Forest Hills vs Nashville 37215 area | - | +125% | - |
This listing beside the active Forest Hills market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 20, 2026.
At $16,071/sq ft, this home is among the highest-priced of the 8 active homes in Forest Hills by price per square foot (100th percentile).
Forest Hills trades about 125% above Nashville 37215 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Forest Hills.
Computed by Grant Hammond from 8 Forest Hills comparables (Realtracs via IDX), as of October 20, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 124 in Nashville 37215 homes |
|---|---|
| Recent absorption | about 24.8 sales / mo |
| Months of inventory | 5 months, a balanced market |
Over the past 12 months, homes in Nashville 37215 homes sold at about 96.7% of list price.
Recorded sales in Nashville 37215 homes: 15 in the past 12 months.
Supply-side and recent-sale context for Nashville 37215 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37215 homes closings. Source Realtracs via IDX, as of September 27, 2026.
5840 Hillsboro Pike sits in Forest Hills, Nashville, Davidson County.
In Forest Hills, homes there are priced around $900 per square foot; inventory in Nashville 37215 homes is running at about 5 months, a balanced market; recent sales closed near 96.7% of list price; 15 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.
Approximately 7.0 miles from downtown Nashville (straight-line distance).
5840 Hillsboro Pike is zoned for Percy Priest Elementary, John Trotwood Moore Middle, Hillsboro Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 5840 Hillsboro Pike - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 5840 Hillsboro Pike, by price and size.
Listed by Brian Cockerham, The Rudy Group. 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.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (June 24, 2026), 5840 Hillsboro Pike, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
5840 Hillsboro Pike was listed on May 3, 2026 and has been on the market 169 days as of October 19, 2026, per Realtracs.
Yes. It was first listed at $28,500,000. The price has been reduced once, most recently to $22,500,000 by June 28, 2026, a total change of -21.1%.
5840 Hillsboro Pike, Nashville is listed at $22,500,000, about $16,071 per square foot across 1,400 square feet.
0 bedrooms and 2 bathrooms.
About $16,071 per square foot ($22,500,000 across 1,400 sqft).
5840 Hillsboro Pike, Nashville was built in 1955.
No garage is reported in the listing.
No HOA dues are reported for this home.
5840 Hillsboro Pike, Nashville is in the Forest Hills subdivision of Nashville.
About $141,754 a month with 20% down on a 30-year fixed at 7.65%, principal and interest $127,713, estimated property tax $13,041, insurance $1,000. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
5840 Hillsboro Pike, Nashville is zoned for Percy Priest Elementary, John Trotwood Moore Middle, Hillsboro Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 5840 Hillsboro Pike, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
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.
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.
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.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $16,071 per square foot, 5840 Hillsboro Pike, Nashville ranks in the 100th percentile of active Forest Hills listings by price per square foot, roughly 1686% above the Forest Hills median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37215 homes market is currently balanced, at about 5 months of inventory; recent sales have closed near 96.7% of list price over the past year, per Realtracs as of September 27, 2026.
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