A newly built, modern home in the Nashville suburb of Madison, TN, has snagged a buyer in nearly no time.

Listed for $549,000, the stylish three-bedroom residence was designed by Nashville architect Ryan Thewes. After just a week on the market, the 1,538-square-foot home is in contingent status on Realtor.com®.

“The overall design with this architect doesn’t happen at this price point,” says listing agent Brian Bequette, of Sneaky Ninja. “Madison is an emerging market that is starting to get more popular. Because we are in an emerging market, we had to keep the price at a spot that is commensurate with the market.”

Fantastic finishes

The home, with its high-end design, certainly seems like a score at this price. The black-and-natural wood exterior stands out in the dwelling’s treed setting. A covered front porch offers the perfect spot to relax and take in the views.

The bright, modern interior offers high ceilings and oversized windows that flood the place with abundant natural light. A sleek kitchen has an island with bar seating and a separate dining area overlooking the private backyard.

There are concrete floors on the first floor and hardwoods upstairs, where the three bedrooms are situated. An airy living room on the main floor is surrounded by windows.

“Everyone loves the finishes,” Bequette said. “There are concrete slabs, and the cabinets are modern, but nothing is overly fancy. They used good materials, and it is so well done. There is very little maintenance cost over the first three to five years of ownership. And the investment will only go up in price over time.”

Built for a new market

The structure was built by Black Chandelier Properties and reduced a bit in size, to see how it would fare in this market.

“If this home were built in East Nashville, it would be 2,100 to 2,200 square feet in size,” Bequette says. “We shaved off about 500 square feet to price it for this market. The builder built three of these homes side by side. This is the third one. We released one at at a time to feel the market out. In terms of buyers, we found we had the most interest from musicians and artists. The other two homes sold to investors.”

Along with its sophisticated design, the property’s locale was particularly attractive to buyers.

“Madison is north of Inglewood and has become the recipient of people who want to live in East Nashville,” Bequette explains.

The home sits on a half-acre, wooded lot with plenty of privacy. Plus, it has a detached, two-car carport with a storage area.

“People like that there is an outside sitting area with twin porches in both the front and rear,” Bequette notes. “And it’s covered on both sides. The lot was completely treed when it was bought. It is a low-maintenance yard now, and people seem to love that.”

The post Modern Bargain: Newly Built Home Near Nashville Attracts a Buyer in Just a Week appeared first on Real Estate News & Insights | realtor.com®.