RealtyLens
for saleRealtyLens property overview
$307,000

8987 Gracie Ln

Cordova, TN, 38016
View more Cordova, TN property pages
4Beds
2.5Baths
1,607Sqft
$191$/sqft

Listing Notes

Come and see this BEAUTIFUL property tucked away in the highly sought-after Gardens of Carrollwood neighborhood! 8987 Gracie Lane offers 1,607 square feet of light-filled living space designed for comfort and everyday enjoyment. This traditional brick home features 4 bedrooms, 2 full baths, and a convenient primary suite on the main level with double vanities, walk-in closet, and vaulted/coffered ceiling. Imagine cozying up in the spacious den/great room featuring a stunning masonry gas fireplace with gas logs. The kitchen is equipped with a range/oven, dishwasher, microwave, disposal, breakfast bar, and a separate breakfast room perfect for morning gatherings. Plantation shutters, all window treatments, a covered patio, and a wood-fenced backyard complete the package - all nestled in a community with neighborhood lake access. With easy access to Hwy 64 and move-in ready condition, this home checks every box. Come on home to the comfort and charm of Gracie Lane.

Market Insights

Above nearby median+37%

$191/sqft vs a nearby median of $139/sqft.

Nearby median$139/sqft
Nearby properties12
Property size1,607 sqft
  • +37% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,607 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$223k$205k$241k · 58% confidence
vs ask $307k+$84k (+27.4%)

Asking price is about 27.4% above where comps + adjustments land — there is room to negotiate.

$139/sqft median across 11 tight comps × 1,607 sqft= $223k
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position+37% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
11 days
Last price change
No change recorded
Listed
May 1, 2026
Photos
26 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$307,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.