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1540 Lebanon Pike 206, Nashville, TN 37210

1540 Lebanon Pike 206, Nashville, TN 37210, Active at $215,000 ($330/sq ft). 1 bd · 1 ba · 651 sqft · $330/sqft · 0.02 ac.

Active · $215,000

1 bed1 bath651 sq ft$330 /sq ft0.02 acres

MLS #3269123 · listed July 8, 2026 · 120 days on market · updated October 29, 2026

1-bed, 1-bath condo at 1540 Lebanon Pike 206 in The Flats At Ontario, Nashville, 651 sqft, $215,000 ($330/sqft), by The Gomes Agency.

The quick read

1540 Lebanon Pike 206 is a 1-bedroom, 1-bath condo in Nashville, TN 37210, offered at $215,000, about $330/sq ft across 651 sq ft.

At $330/sq ft, this condo is about 7% below The Flats At Ontario median list price per square foot of $353.

Recently sold in Nashville 37210: 10 comparable condos from $224,000 to $279,900, a median of $357/sq ft; this listing at $330/sq ft is about 8% below recent sold prices.

Market read: the Nashville 37210 condos market is buyer-favored as of October 28, 2026, at about 6.7 months of inventory; recent sales have closed near 100% of list in the 12 months to October 30, 2026.

All-in, about $1,656/mo at 20% down (7.29% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $478/mo, roughly 29% of the all-in monthly payment.

At the current 7.29% 30-year rate, principal and interest on this condo runs about $1,178/mo; at the 6.83% rate of about three months ago it would be roughly $1,125/mo, so monthly P&I is about $53 higher now.

Next step: ask Grant Hammond anything about 1540 Lebanon Pike 206 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of November 5, 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 206

Welcome home to The Flats at Ontario, and the best price in the building. This second-floor unit at 1540 Lebanon Pike puts you minutes from downtown Nashville and the airport, with a gated entry for extra peace of mind. Out your back door you have a gorgeous view out to the community pool, so every day feels a little like vacation. This home is move in ready and waiting for you to make it your own. This home comes with amenities that do the heavy lifting for you: a sparkling pool, a fully-equipped fitness center, and a dog park for your four-legged roommate. Priced to be the smartest buy in the community, this won't last. Schedule your showing today!

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

Built 2022Move-in readyGatedPool

Full property details

Complete reported fields for 1540 Lebanon Pike 206 (reference).

MLS #3269123
StatusActive
Price$215,000
Price / sqft$330
Bedrooms1
Bathrooms1
Living area651 sqft
Lot size0.02 acres
Year built2022
All 30 property fields
Stories1
HeatingCentral, Electric
CoolingYes
BasementNone
ConstructionVinyl Siding
Annual taxes$1,826
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Freezer, Ice Maker, Microwave
Interior featuresCeiling Fan(s)
Architectural styleTraditional
Exterior featuresBalcony
ViewWater
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Water Available
HOA dues$182 / mo
SubdivisionThe Flats At Ontario
CountyDavidson
AmenitiesMaintenance Grounds
ListedJuly 8, 2026
Days on market120
UpdatedOctober 29, 2026

Listing activity

DateEventPriceChange
Price change$215,000-$3,000 (-1.4%)
Price change$218,000-$1,000 (-0.5%)
Price change$219,000-$1,000 (-0.5%)
Price change$220,000-$1,000 (-0.5%)
Price change$221,000-$4,000 (-1.8%)
Price change$225,000-$5,000 (-2.2%)
Listed$230,000
Deed recorded$210,400
Quitclaim deedNo price recorded

Listed July 8, 2026, this listing has been on the market 120 days as of November 5, 2026. It was originally listed at $230,000; the asking price is now $215,000 (-6.5%).

  • Listed at $215,000, about 2% above the last recorded sale ($210,400, September 27, 2022).
  • County assessment: $259,500 total appraised value (land $60,000 + improvements $199,500).

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

Assessment history

The Davidson County Assessor's appraised value of 1540 Lebanon Pike 206 by year: $188,800 in 2022 to $259,500 in 2025, a change of +37%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$60,000$199,500$0$259,500ROLL
2022$40,000$148,800$0$188,800PR

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.

Cost of ownership

Estimated monthly ownership for 1540 Lebanon Pike 206 at $215,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$215,000
HOA dues$182 / 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 206, Nashville

Estimated total monthly payment for 1540 Lebanon Pike 206 is about $1,656/mo, 20% down on a 30-year fixed at 7.29% (a conforming loan), including principal & interest $1,178, estimated property tax $126, homeowners insurance $170, and HOA dues $182. Estimate only; not a loan offer.

Principal & interest$1,178/mo
Property tax (est.)$126/mo
Homeowners insurance (est.)$170/mo
HOA dues$182/mo
Estimated total$1,656/mo
7.61%6.13%7.29%February 19, 2025October 29, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.29% (Mortgage News Daily, as of October 29, 2026).

Assumes 20% down, 30-year fixed at 7.29% (Mortgage News Daily, as of October 29, 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
6.29%$1,064/mo$1,542/mo-$114/mo
6.79%$1,120/mo$1,598/mo-$58/mo
7.29%$1,178/mo$1,656/mocurrent
7.79%$1,237/mo$1,715/mo+$59/mo
8.29%$1,297/mo$1,775/mo+$119/mo

Principal & interest on a 30-year fixed at 20% down ($172,000 loan), with property tax, insurance, and HOA held constant at $478/mo. Current 30-year fixed 7.29% (Mortgage News Daily, as of October 29, 2026). Estimate only; not a loan offer.

Buy versus rent, 1540 Lebanon Pike 206

Owning 1540 Lebanon Pike 206 runs about $1,656/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$182 / mo (about 11% of the estimated total payment)
HOA per year$2,184
HOA over 5 years$10,920 (at current dues)
Effective carrying cost$2.544 / sq ft / mo (estimated total over 651 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 206 compares in The Flats At Ontario

MetricThis condoThe Flats At Ontario activeRecently sold
Price / sq ft$330$352 median$357 median
Price position24th pctile-6% vs median~100% of list
Recent closings--10 sales

This listing beside the active The Flats At Ontario market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 5, 2026.

How this condo compares in The Flats At Ontario

At $330/sq ft, this condo ranks in the 24th percentile of the 11 active condos in The Flats At Ontario by price per square foot.

Computed by Grant Hammond from 11 The Flats At Ontario comparables (Realtracs via IDX), as of November 5, 2026, refreshed weekly.

Competition & market pace

Active listings76 in Nashville 37210 condos
Recent absorptionabout 11.3 sales / mo
Months of inventory6.7 months, a buyer-favored market (ample supply)

Over the past 12 months, homes in Nashville 37210 condos sold at about 100% of list price.

Recorded sales in Nashville 37210 condos: 97 in the past 12 months.

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 October 28, 2026.

Location & neighborhood

1540 Lebanon Pike 206 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 $353 per square foot; inventory in Nashville 37210 condos is running at about 6.7 months, a buyer-favored market; recent sales in Nashville 37210 closed near 100% of list price; 10 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 30, 2026.

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

Assigned schools

1540 Lebanon Pike 206 is zoned for Stanford Montessori School, 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.

Elementary
Stanford Montessori School
High
McGavock Comp High School

Ask Grant about 1540 Lebanon Pike 206

Get the full details, recent comparable sales, and any off-market options for 1540 Lebanon Pike 206 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

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Listed by Selena Fields, The Gomes Agency. 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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Popular searches in Nashville

Frequently asked questions about 1540 Lebanon Pike 206

Is 1540 Lebanon Pike 206, Nashville still for sale?

As of the latest update (November 5, 2026), 1540 Lebanon Pike 206, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 1540 Lebanon Pike 206 been on the market?

1540 Lebanon Pike 206 was listed on July 8, 2026 and has been on the market 120 days as of November 5, 2026, per Realtracs.

Has the price of 1540 Lebanon Pike 206 changed?

Yes. It was originally listed at $230,000; the asking price is now $215,000 (-6.5%).

How much does 1540 Lebanon Pike 206, Nashville cost?

1540 Lebanon Pike 206, Nashville is listed at $215,000, about $330 per square foot across 651 square feet.

How many bedrooms and bathrooms does 1540 Lebanon Pike 206, Nashville have?

1 bedroom and 1 bathroom.

What is the price per square foot?

About $330 per square foot ($215,000 across 651 sqft).

When was 1540 Lebanon Pike 206, Nashville built?

1540 Lebanon Pike 206, Nashville was built in 2022.

Does 1540 Lebanon Pike 206, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $182 per month, as listed.

What subdivision is 1540 Lebanon Pike 206, Nashville in?

1540 Lebanon Pike 206, Nashville is in The Flats At Ontario subdivision of Nashville.

What is the estimated monthly payment for 1540 Lebanon Pike 206, Nashville?

About $1,656 a month with 20% down on a 30-year fixed at 7.29%, principal and interest $1,178, estimated property tax $126, insurance $170, and HOA $182. 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 206, Nashville zoned for?

1540 Lebanon Pike 206, Nashville is zoned for Stanford Montessori School, 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 206, Nashville?

HOA dues are $182 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 1540 Lebanon Pike 206, Nashville priced versus the building?

At $330 per square foot, 1540 Lebanon Pike 206, Nashville is in the 24th percentile of active listings in The Flats At Ontario, about 7% below the $353 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 206, 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 206, 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 206, 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 206, Nashville?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.

How is 1540 Lebanon Pike 206, Nashville priced compared to the market?

At about $330 per square foot, 1540 Lebanon Pike 206, Nashville ranks in the 24th percentile of active The Flats At Ontario listings by price per square foot, roughly 7% below The Flats At Ontario median; recent comparable sales in The Flats At Ontario closed near $357 per square foot. 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 6.7 months of inventory; recent sales have closed near 100% of list price over the past year, per Realtracs as of October 28, 2026.

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