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248 Sailboat Dr, Nashville, TN 37217

248 Sailboat Dr, Nashville, TN 37217, Conditional at $270,000 ($124/sq ft). 3 bd · 2 ba · 2,170 sqft · $124/sqft · 0.28 ac.

Conditional · $270,000

3 beds2 baths2,170 sq ft$124 /sq ft0.28 acres

MLS #3599196 · listed September 17, 2026 · 9 days on market · updated September 26, 2026

3-bed, 2-bath home at 248 Sailboat Dr in Edge-O-Lake Estates, Nashville, 2,170 sqft, $270,000 ($124/sqft), by Legacy Real Estate Group.

The quick read

248 Sailboat Dr is a 3-bedroom, 2-bath home in Nashville, TN 37217, offered at $270,000, about $124/sq ft across 2,170 sq ft.

At $124/sq ft, this home is about 28% below the Edge-O-Lake Estates median list price per square foot of $173.

Recently sold in Edge-O-Lake Estates: 16 comparable homes from $235,000 to $350,000, a median of $176/sq ft; this listing at $124/sq ft is about 30% below recent sold prices.

Market read: the Edge-O-Lake Estates market is balanced as of October 17, 2026, at about 3.4 months of inventory; recent sales have closed near 100% of list in the 12 months to October 22, 2026.

All-in, about $1,874/mo at 20% down (7.40% 30-year fixed).

At the current 7.40% 30-year rate, principal and interest on this home runs about $1,496/mo; at the 6.77% rate of about three months ago it would be roughly $1,404/mo, so monthly P&I is about $92 higher now.

School zone: assigned to Lakeview Elementary School, Apollo Middle, Antioch High School. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond anything about 248 Sailboat Dr (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 26, 2026. Realtracs via IDX.

This is a standard residential home, not a permitted short-term rental.

What the listing photos show

The listing photos show a single-story brick ranch with a low pitched shingle roof, green shutters and a white gabled entry. A broad front lawn runs to a concrete walkway, with a large window across the front of the home and a few shrubs along the foundation. Mature trees stand behind the house in Nashville.

Seen in the photos: brick exterior, green shutters, white front gable, front lawn, concrete walkway, front picture window, single-story ranch.

Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.

Highlights

2-car garageBuilt 1967

Full property details

Complete reported fields for 248 Sailboat Dr (reference).

MLS #3599196
StatusConditional
Price$270,000
Price / sqft$124
Bedrooms3
Bathrooms2
Living area2,170 sqft
Lot size0.28 acres
Year built1967
All 28 property fields
Garage spaces2
Stories1
HeatingCentral, Electric
CoolingYes
BasementFull, Yes
ConstructionBrick, Frame
ParkingGarage Faces Rear, Attached
Annual taxes$2,433
AppliancesNone
FireplaceYes
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Water Available
Garage typeAttached Garage, Yes
SubdivisionEdge-O-Lake Estates
CountyDavidson
ListedSeptember 17, 2026
Days on market9
UpdatedSeptember 26, 2026

Listing activity

DateEventPriceChange
Under contract
Listed$270,000

Listed September 17, 2026, this listing was on the market 9 days before it went under contract. It has been under contract since September 26, 2026.

  • County assessment: $345,800 total appraised value (land $76,000 + improvements $269,800).

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 248 Sailboat Dr by year: $106,100 in 1999 to $345,800 in 2025, a change of +226%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$76,000$269,800$0$345,800ROLL
2021$55,000$179,400$0$234,400ROLL
2017$35,000$134,400$0$169,400ROLL
2013$25,000$105,400$0$130,400ROLL
2012$33,000$98,500$0$131,500JUNE
2009$33,000$98,500$0$131,500ROLL
2005$26,000$108,700$0$134,700ROLL
2001$16,000$101,800$0$117,800ROLL
2000$16,000$90,100$0$106,100ROLL
1999$16,000$90,100$0$106,100ROLL

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 248 Sailboat Dr at $270,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.

List price$270,000
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 248 Sailboat Dr, Nashville

Estimated total monthly payment for 248 Sailboat Dr is about $1,874/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $1,496, estimated property tax $156, homeowners insurance $222. Estimate only; not a loan offer.

Principal & interest$1,496/mo
Property tax (est.)$156/mo
Homeowners insurance (est.)$222/mo
Estimated total$1,874/mo
7.61%6.13%7.4%February 19, 2025October 20, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.40% (Mortgage News Daily, as of October 20, 2026).

Assumes 20% down, 30-year fixed at 7.40% (Mortgage News Daily, as of October 20, 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.40%$1,351/mo$1,729/mo-$145/mo
6.90%$1,423/mo$1,801/mo-$73/mo
7.40%$1,496/mo$1,874/mocurrent
7.90%$1,570/mo$1,948/mo+$74/mo
8.40%$1,646/mo$2,024/mo+$150/mo

Principal & interest on a 30-year fixed at 20% down ($216,000 loan), with property tax, insurance held constant at $378/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.

Buy versus rent, 248 Sailboat Dr

Owning 248 Sailboat Dr runs about $1,874/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.

How this home is priced

How 248 Sailboat Dr compares in Edge-O-Lake Estates

MetricThis homeEdge-O-Lake Estates activeRecently sold
Price / sq ft$124$177 median-
Price position0th pctile-30% vs median-
Edge-O-Lake Estates vs Nashville 37217 area--17%-

This listing beside the active Edge-O-Lake Estates market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.

This listing beside the active Edge-O-Lake Estates market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.

How this home compares in Edge-O-Lake Estates

At $124/sq ft, this home is among the lowest-priced of the 11 active homes in Edge-O-Lake Estates by price per square foot (0th percentile).

Edge-O-Lake Estates trades about 17% below Nashville 37217 area on a price-per-square-foot basis.

Taken together, this home reads toward the lower end per square foot for Edge-O-Lake Estates.

Computed by Grant Hammond from 11 Edge-O-Lake Estates comparables (Realtracs via IDX), as of October 23, 2026, refreshed weekly.

Home prices by high-school zone in Davidson County

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 zoneMedian $/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).

Competition & market pace

Active listings8 in Edge-O-Lake Estates
Recent absorptionabout 2.4 sales / mo
Months of inventory3.4 months, a balanced market

Over the past 12 months, homes in Edge-O-Lake Estates sold at about 100% of list price.

Recorded sales in Edge-O-Lake Estates: 30 in the past 12 months.

Supply-side and recent-sale context for Edge-O-Lake Estates. Sale figures are trailing 6/12/24-month medians of recorded Edge-O-Lake Estates closings. Source Realtracs via IDX, as of October 17, 2026.

Location & neighborhood

248 Sailboat Dr sits in Edge-O-Lake Estates, Nashville, Davidson County.

Edge-O-Lake Estates market snapshot

In Edge-O-Lake Estates, homes there are priced around $173 per square foot; inventory is running at about 3.4 months, a balanced market; recent sales closed near 100% of list price; 16 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.

Approximately 10 miles from downtown Nashville (straight-line distance).

Assigned schools

248 Sailboat Dr is zoned for Lakeview Elementary School, Apollo Middle, Antioch High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

Ask Grant about 248 Sailboat Dr

Get the full details, recent comparable sales, and any off-market options for 248 Sailboat Dr - 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

Similar listings nearby

Comparable listings near 248 Sailboat Dr, by price and size.

Listed with Legacy Real Estate 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 real estate insights

Read: Nashville Housing Market 2026 Outlook and Forecast
Nashville Housing Market 2026 Outlook and Forecast

Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.

Read: Middle Tennessee Real Estate Market Update September 2026
Middle Tennessee Real Estate Market Update September 2026

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.

Read: Middle Tennessee Real Estate Market Update August 2026
Middle Tennessee Real Estate Market Update August 2026

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.

Read: Middle Tennessee Real Estate Market Update July 2026
Middle Tennessee Real Estate Market Update July 2026

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.

Popular searches in Nashville

Frequently asked questions about 248 Sailboat Dr

Is 248 Sailboat Dr, Nashville still for sale?

As of the latest update (September 26, 2026), 248 Sailboat Dr, Nashville is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 248 Sailboat Dr been on the market?

248 Sailboat Dr was listed on September 17, 2026 and went under contract on September 26, 2026, after 9 days on the market, per Realtracs.

Has the price of 248 Sailboat Dr changed?

No. The asking price has been $270,000 since it was listed on September 17, 2026.

What do the photos of 248 Sailboat Dr, Nashville show?

The listing photos show a single-story brick ranch with a low pitched shingle roof, green shutters and a white gabled entry. Features seen in the photos include brick exterior, green shutters, white front gable, front lawn, concrete walkway and front picture window. Described from the Realtracs listing photos.

How much does 248 Sailboat Dr, Nashville cost?

248 Sailboat Dr, Nashville is listed at $270,000, about $124 per square foot across 2,170 square feet.

How many bedrooms and bathrooms does 248 Sailboat Dr, Nashville have?

3 bedrooms and 2 bathrooms.

What is the price per square foot?

About $124 per square foot ($270,000 across 2,170 sqft).

When was 248 Sailboat Dr, Nashville built?

248 Sailboat Dr, Nashville was built in 1967.

Does 248 Sailboat Dr, Nashville have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

No HOA dues are reported for this home.

What subdivision is 248 Sailboat Dr, Nashville in?

248 Sailboat Dr, Nashville is in the Edge-O-Lake Estates subdivision of Nashville.

What is the estimated monthly payment for 248 Sailboat Dr, Nashville?

About $1,874 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $1,496, estimated property tax $156, insurance $222. 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 248 Sailboat Dr, Nashville zoned for?

248 Sailboat Dr, Nashville is zoned for Lakeview Elementary School, Apollo Middle, Antioch High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

Is 248 Sailboat Dr, Nashville a short-term-rental property?

No, 248 Sailboat Dr, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.

How do I schedule a tour of 248 Sailboat Dr, 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 248 Sailboat Dr, 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 248 Sailboat Dr, 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 248 Sailboat Dr, 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 248 Sailboat Dr, Nashville priced compared to the market?

At about $124 per square foot, 248 Sailboat Dr, Nashville ranks in the 0th percentile of active Edge-O-Lake Estates listings by price per square foot, roughly 28% below the Edge-O-Lake Estates median; recent comparable sales in Edge-O-Lake Estates closed near $176 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Edge-O-Lake Estates market favoring buyers or sellers?

The Edge-O-Lake Estates market is currently balanced, at about 3.4 months of inventory; recent sales have closed near 100% of list price over the past year, per Realtracs as of October 17, 2026.

Thinking of selling in Edge-O-Lake Estates?

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