518b Scholarship Dr, Nashville, TN 37209
518b Scholarship Dr, Nashville, TN 37209, Active at $1,299,999 ($413/sq ft). 4 bd · 4.5 ba (4 full, 1 half) · 3,148 sqft · $413/sqft.
518b Scholarship Dr, Nashville, TN 37209, Active at $1,299,999 ($413/sq ft). 4 bd · 4.5 ba (4 full, 1 half) · 3,148 sqft · $413/sqft.
Two-story brick and siding home with a two-car garage and a paved drive curving toward the street.
Active · $1,299,999
MLS #3516406 · listed August 19, 2026 · 77 days on market · updated October 21, 2026
4-bed, 4.5-bath condo at 518b Scholarship Dr in Charlotte Park, Nashville, 3,148 sqft, $1,299,999 ($413/sqft), by Compass Tennessee, LLC.
518b Scholarship Dr is a 4-bedroom, 4.5-bath condo in Nashville, TN 37209, offered at $1,299,999, about $413/sq ft across 3,148 sq ft.
At $413/sq ft, this condo is about 29% above the Charlotte Park median list price per square foot of $321.
Recently sold in Charlotte Park: 30 comparable condos from $860,000 to $1,425,000, a median of $339/sq ft; this listing at $413/sq ft is about 22% above recent sold prices.
Market read: the Charlotte Park market is balanced as of November 1, 2026, at about 4.7 months of inventory; recent sales have closed near 99.7% of list in the 12 months to November 2, 2026.
All-in, about $8,622/mo at 20% down (7.55% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance) run about $1,315/mo, roughly 15% of the all-in monthly payment.
At the current 7.27% 30-year rate, principal and interest on this condo runs about $7,109/mo; at the 6.83% rate of about three months ago it would be roughly $6,801/mo, so monthly P&I is about $308 higher now.
Next step: ask Grant Hammond anything about 518b Scholarship Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 1, 2026. Realtracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Seller is offering additional concessions with an accepted contract that closes by December 31, 2026! Built by well-known Nashville home builder MCH Construction of TN, this home includes the construction standards, materials and details that set an MCH home apart. Built with Marvin windows and doors, solid-core interior doors, sound insulation in every interior wall and between floors, a spray-foam attic with a large storage area, and an encapsulated crawl space with a dehumidifier. The kitchen and laundry feature custom cabinetry with paneled appliances, a 48" Wolf range, a large walk-in pantry, and an LG WashTower installed in the laundry room and included with the home. In-wall speakers are located throughout the kitchen, dining room, living room, primary bedroom and back patio, with a dedicated technology closet for internet equipment, home automation controls and speaker amplifiers, plus a full security system with three exterior cameras installed. Outside, enjoy a motorized screen across the entire back patio, Bermuda lawn and landscaping with full irrigation, separate driveways, and epoxy floors in the garage, front porch and back porch. The garage is also pre-wired with a dedicated 50-amp circuit for EV charging. Built to be as turnkey as possible, everything is installed, finished and ready for its new owner!
Listing remarks via the Realtracs Internet Data Exchange.
The listing photos show a two-story home with gray lap siding over a brick first floor, a gabled roofline, and a two-car garage with black-framed glass doors. The front has a recessed brick entry, a wide concrete drive, and a small planted bed along the walk. Inside, the kitchen has dark wood cabinets, a central island with pendant lights, and an arched opening into an open dining area with large windows in Nashville.
Seen in the photos: gray lap siding, brick first floor, two-car garage, glass garage door, recessed front entry, wall lanterns, concrete driveway, central kitchen island.
Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.
Complete reported fields for 518b Scholarship Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $1,299,999 |
Listed August 19, 2026, this listing has been on the market 77 days as of November 4, 2026. The asking price has not changed since it was listed.
Estimated monthly ownership for 518b Scholarship Dr at $1,299,999: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $1,299,999 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 518b Scholarship Dr is about $8,622/mo, 20% down on a 30-year fixed at 7.55% (a jumbo loan), including principal & interest $7,307, estimated property tax $762, homeowners insurance $553. Estimate only; not a loan offer.
| Principal & interest | $7,307/mo |
|---|---|
| Property tax (est.) | $762/mo |
| Homeowners insurance (est.) | $553/mo |
| Estimated total | $8,622/mo |
Assumes 20% down, 30-year fixed at 7.55% (Mortgage News Daily, as of October 30, 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.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.55% | $6,608/mo | $7,923/mo | -$699/mo |
| 7.05% | $6,954/mo | $8,269/mo | -$353/mo |
| 7.55% | $7,307/mo | $8,622/mo | current |
| 8.05% | $7,667/mo | $8,982/mo | +$360/mo |
| 8.55% | $8,034/mo | $9,349/mo | +$727/mo |
Principal & interest on a 30-year fixed at 20% down ($1,039,999 loan), with property tax, insurance held constant at $1,315/mo. Current 30-year fixed 7.55% (Mortgage News Daily, as of October 30, 2026). Estimate only; not a loan offer.
Owning 518b Scholarship Dr runs about $8,622/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 condo | Charlotte Park active | Recently sold |
|---|---|---|---|
| Price / sq ft | $413 | $321 median | $339 median |
| Price position | 88th pctile | +29% vs median | ~99.7% of list |
| Recent closings | - | - | 30 sales |
This listing beside the active Charlotte Park market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 4, 2026.
Among the 67 active condos in Charlotte Park, this condo at $413/sq ft falls in the 88th percentile on price per square foot.
Computed by Grant Hammond from 67 Charlotte Park comparables (Realtracs via IDX), as of November 4, 2026, refreshed weekly.
Median closed price and price per square foot by unit size in Charlotte Park, from the last 24 months of recorded sales:
| Unit size | Median sold | Median $/sq ft | Closings |
|---|---|---|---|
| 3 BR | $650,000 | $315 | 36 |
| 4+ BR | $995,000 | $339 | 34 |
Computed by Grant Hammond from recorded Charlotte Park closings, grouped by unit size (Realtracs via IDX).
In Charlotte Park, the median sale price per square foot has moved from about $371 (2025-11) to about $302 (2026-10), roughly 19% down across the last 11 months of recorded sales.
Computed by Grant Hammond from the monthly price-per-square-foot of recorded Charlotte Park closings (Realtracs via IDX).
| Active listings | 49 in Charlotte Park |
|---|---|
| Recent absorption | about 10.4 sales / mo |
| Months of inventory | 4.7 months, a balanced market |
Over the past 12 months, homes in Charlotte Park sold at about 99.7% of list price.
Recorded sales in Charlotte Park: 60 in the past 12 months.
Supply-side and recent-sale context for Charlotte Park. Sale figures are trailing 6/12/24-month medians of recorded Charlotte Park closings. Source Realtracs via IDX, as of November 1, 2026.
518b Scholarship Dr sits in Charlotte Park, Nashville, Davidson County.
In Charlotte Park, homes there are priced around $321 per square foot; inventory is running at about 4.7 months, a balanced market; recent sales closed near 99.7% of list price; 30 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 2, 2026.
Approximately 5.6 miles from downtown Nashville (straight-line distance).
518b Scholarship Dr is zoned for Charlotte Park Elementary, H. G. Hill Middle, James Lawson 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 518b Scholarship Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 518b Scholarship Dr, by price and size.
Listed with Compass Tennessee, LLC. 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 (November 1, 2026), 518b Scholarship Dr, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
518b Scholarship Dr was listed on August 19, 2026 and has been on the market 77 days as of November 4, 2026, per Realtracs.
No. The asking price has been $1,299,999 since it was listed on August 19, 2026.
The listing photos show a two-story home with gray lap siding over a brick first floor, a gabled roofline, and a two-car garage with black-framed glass doors. Features seen in the photos include gray lap siding, brick first floor, two-car garage, glass garage door, recessed front entry and wall lanterns. Described from the Realtracs listing photos.
518b Scholarship Dr, Nashville is listed at $1,299,999, about $413 per square foot across 3,148 square feet.
4 bedrooms and 4.5 bathrooms (4 full, 1 half).
About $413 per square foot ($1,299,999 across 3,148 sqft).
518b Scholarship Dr, Nashville was built in 2026.
Yes, 2 garage spaces, per the listing.
No HOA dues are reported for this home.
518b Scholarship Dr, Nashville is in the Charlotte Park subdivision of Nashville.
About $8,622 a month with 20% down on a 30-year fixed at 7.55%, principal and interest $7,307, estimated property tax $762, insurance $553. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
518b Scholarship Dr, Nashville is zoned for Charlotte Park Elementary, H. G. Hill Middle, James Lawson High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No HOA dues are reported; confirm the building's fee structure.
At $413 per square foot, 518b Scholarship Dr, Nashville is in the 88th percentile of active listings in the Charlotte Park, about 29% above the $321 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
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, 350+ Nashville high-rise condo sales and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $413 per square foot, 518b Scholarship Dr, Nashville ranks in the 88th percentile of active Charlotte Park listings by price per square foot, roughly 29% above the Charlotte Park median; recent comparable sales in Charlotte Park closed near $339 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Charlotte Park market is currently balanced, at about 4.7 months of inventory; recent sales have closed near 99.7% of list price over the past year, per Realtracs as of November 1, 2026.
Thinking of selling in Charlotte Park?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.