5840 Hillsboro Pike, Nashville, TN 37215
5840 Hillsboro Pike, Nashville, TN 37215, Active at $22,500,000. 21.45 acres · 21.45 ac · $1,048,951/acre · Private.
5840 Hillsboro Pike, Nashville, TN 37215, Active at $22,500,000. 21.45 acres · 21.45 ac · $1,048,951/acre · Private.
Active · $22,500,000
MLS #3230187 · listed May 3, 2026 · 171 days on market · updated July 23, 2026
21.45-acre homesite at 5840 Hillsboro Pike in Forest Hills, Nashville, $22,500,000 ($1,048,951/acre), by The Rudy Group.
5840 Hillsboro Pike is a 21.45-acre homesite in Nashville, TN 37215, offered at $22,500,000.
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 July 23, 2026. Realtracs via IDX.
This is a vacant homesite: lot size, price per acre, and buildability are below; interior and residence data do not apply.
More context: Nashville new construction and development.
Please See Documents for Link to Website for full property details. 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. 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 |
|---|---|---|---|
| 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 171 days as of October 21, 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 August 11, 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 | n/a | 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.
Financing a homesite differs from a home mortgage, lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value. Estimate only; not a loan offer.
| List price | $22,500,000 |
|---|---|
| Property tax basis | Assessed land value × the county assessment ratio (varies by land classification) × the Metro Nashville / Davidson County rate |
The evidence behind that pricing read:
5840 Hillsboro Pike sits in Forest Hills, Nashville, Davidson County.
Approximately 7.0 miles from downtown Nashville (straight-line distance).
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.
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As of the latest update (July 23, 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 171 days as of October 21, 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 August 11, 2026, a total change of -21.1%.
5840 Hillsboro Pike, Nashville is listed at $22,500,000, about $1,048,951 per acre across 21.45 acres.
21.45 acres (21.45 ac).
About $1,048,951 per acre.
5840 Hillsboro Pike, Nashville is in the Forest Hills subdivision of Nashville.
No HOA dues are reported for this homesite.
5840 Hillsboro Pike, Nashville is a homesite; buildability depends on zoning, available utilities, and topography, confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.
Request a walkthrough of the parcel or submit an offer through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.
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.
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