Step into Nashville’s history at the iconic Spence Manor, located on world-famous Music Row with this non-owner occupied STR eligible condo. Originally built as a luxury hotel, Spence Manor welcomed music legends including Dolly Parton & Elvis Presley and countless artists who shaped the city’s cultural identity. It is widely considered the music industry's first luxury "five-diamond" style hotel in the area and was converted from a hotel into 44 private condominium units in 1986. Today, it remains one of Nashville’s most recognizable addresses—home to the famed guitar-shaped swimming pool and
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $380 per square foot, compared with a $420 median for active 1-bedroom homes in Nashville. Its asking price falls near the 44th percentile of that active group. The comparison uses 565 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 9 days, while the current cohort averages 62 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $468,900, and the median is $446 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1803 Broadway | May 29, 2026 | 1 bd · 829 sqft | $326,000 | 0.1 mi |
| 1803 Broadway | Jun 26, 2026 | 1 bd · 851 sqft | $329,000 | 0.2 mi |
| 807 18th Ave, S | Aug 11, 2026 | 2 bd · 1,588 sqft | $510,000 | 0.2 mi |
| 1803 Broadway | Jun 29, 2026 | 1 bd · 620 sqft | $285,000 | 0.2 mi |
| 1408 Sigler St | Aug 26, 2026 | 4 bd · 3,382 sqft | $1,465,000 | 0.2 mi |
| 50 Music Sq, W | Jul 28, 2026 | 2 bd · 766 sqft | $681,900 | 0.2 mi |
| 50 Music Sq, W | Jul 24, 2026 | 2 bd · 747 sqft | $612,899 | 0.2 mi |
| 50 Music Sq, W | Jul 24, 2026 | 1 bd · 489 sqft | $427,800 | 0.2 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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