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Riverfront

Riverfront

$980,089 Average Value
$1,189 Average Price per Sq Ft
23 Homes For Sale

Why the Riverfront is a good place to live

The Riverfront offers high-end urban vibes and quick access to recreation and a vibrant dining and entertainment scene. Several of Downtown Nashville’s sleek high-rises and the iconic “Batman” tower overlook this neighborhood along the Cumberland River. Residents here may easily walk to the Riverfront Park, as well as restaurants, cocktail bars and live music and sporting venues. The neighborhood is directly across the river from the East Bank, where there are plans to bring in an ambitious mixed-use project and new homes for both software giant Oracle and the Tennessee Titans.

There are historic buildings that have been converted into condos.
There are historic buildings that have been converted into condos.

Buyers will find many condos

The Riverfront has many luxury condos and apartments in modern multi-story buildings overlooking streets and sidewalks bustling with walkers. Notable properties include the Four Seasons Hotel, which also has residences and a rooftop area that offers views of the city. Other amenities in this area include community terraces, outdoor pools, small gyms and parking garages.

Jon Sexton, president and CEO of Nashville HOME, a leading team with Benchmark Realty, says the area draws buyers from “all over the board.” “You’ll get people who use it as a second home, and they have a place downtown because they want to go down and spend the weekends there,” he says. “You don’t see a lot of families downtown, so it’s definitely going to be singles or couples, that’s for sure.”

Riverfront is more expensive than many Nashville neighborhoods

When it comes to costs, the Riverfront is on the city’s higher end, even when compared with nearby neighborhoods. The Riverfront’s median sale price of about $1.3 million is more than double that of the city and neighbors like Downtown Nashville and The Gulch. Depending on a mix of size and location, condos may sell from the low $600,000s to $1.7 million for one over 1,000 square feet. Larger and even more upscale units may run between $3.5 million and $5.1 million.

Riverfront Park and trails offer plenty of recreation

Riverfront Park is the neighborhood’s main outdoor destination and runs along the bank of the Cumberland River. The park offers a place to relax and see the water and is a stopping point along the Cumberland River Greenway. The trail goes to a few nearby neighborhoods and other destinations like downtown’s passenger rail stop. Trail users may also get on a path that leads to Bicentennial Capitol Mall State Park. Other amenities include the Nashville Street Workout Park for people who like to do outdoor calisthenics and the John Seigenthaler Pedestrian Bridge.

The Bicentennial Capitol Mall State Park has 19 acres of green space and pathways.
The Bicentennial Capitol Mall State Park has 19 acres of green space and pathways.
The Cumberland River Greenway is a trail that runs through the Riverfront neighborhood.
The Cumberland River Greenway is a trail that runs through the Riverfront neighborhood.
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There are many options for cocktails and comfort foods

“With all the attractions that Downtown Nashville has, just to be a few steps from it all, makes it [the Riverfront] extremely attractive,” Sextons says. The neighborhood is close to the many bars in Printer’s Alley and Broadway’s Honky Tonk Highway, as well as several more upscale restaurants and watering holes around First and Second avenues:

  • Zuzu Nashville serves Asian fusion in a place with cultural decor.
  • The Hampton Social is known for its seafood and classic comfort foods.
  • The Rutledge is a modern grill in the Four Seasons building.
  • Doc Holliday’s Saloon is a Western-themed bar with dollar bills on its walls and ceiling.
  • Acme Feed and Seed has bar fare, occasional live music and rooftop views.
“There are a lot of rooftop bars in downtown Nashville,” Sexton says. “When I moved here, that didn’t exist. Now, you basically can’t have a bar without it.”

The neighborhood offers access to Nashville’s entertainment scene

The Riverfront’s entertainment venues include the Ascend Amphitheater, which has drawn a large variety of big-name recording artists since it opened in 2015. Rascal Flatts, Lenny Kravitz, Goo Goo Dolls and Phish are just a few of the performers who have played there over the years. The amphitheater’s lawn can hold crowds of several thousand people, while downtown’s cityscape serves as a backdrop to the venue’s large and modern stage.

Sports fans here are only a few blocks from Nashville Predators games at Bridgestone Arena and First Horizon Park, home of the Nashville Sounds minor league team. Just across the river is Nissan Stadium, home of the NFL’s Tennessee Titans. Scheduled to be finished in 2027, the new Nissan Stadium is expected to boost the area’s vibrancy. “The stadium will bring us a Super Bowl — that’s the main reason for this investment here,” Sexton says. “When a Super Bowl comes to a town, that speaks volumes of how far Nashville has come and where it’s going.”

Commuters are close to the WeGo system and interstates

Riverfront is a convenient neighborhood for people who need to drive to commute or who try to limit their car use:

  • WeGo buses serve the area.
  • The WeGo Star rail system has a station off First Avenue South.
  • Commuters who drive have quick access to Interstates 24 and 40.
  • I-24 goes to Interstate 65, which offers a route to the Tennessee-Kentucky border.
  • The Nashville International Airport is less than 10 miles away.

Yann Ranaivo
Written By
Yann Ranaivo
Nathan Pedigo
Photography Contributed By
Nathan Pedigo
Peter Medawar
Video By
Peter Medawar

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Nashville International

15 min drive

Train

Riverfront

Bus

1st Ave & Shelby Ped Bridge Sb

Bus

Broadway Ave & 2nd Ave N Wb

Bus

Hermitage Ave & Peabody St Wb

Bus

Hermitage Ave & Lea Ave Wb

Bus

Riverfront Station

Bus

Hermitage Ave & Lindsley Ave Wb

Bus

James Robertson Pkwy & Gay St Wb

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Riverfront US
Homicide 9 4
Sexual Assault 9 4
Assault with Weapon 9 4
Robbery 9 4
Burglary 10 4
Motor Vehicle Theft 10 4
Larceny 10 4
Crime Score 9 4

Source: WhatIsMyCrimeRisk.com

Riverfront Demographics and Home Trends

Housing Trends

Median List Price
$655,000
Median Sale Price
$1,297,500
Median Single Family Sale Price
$17,225,000
Median 2 Bedroom Sale Price
$632,500
Median Change From 1st List Price
2%
Last 12 months Home Sales
16
Median Home Sale Price YoY Change
4%
Average Price Per Sq Ft
$1,189

Neighborhood Facts

Number of Homes
296
Number of Homes for Sale
23
Median Year Built
1986
Months of Supply
17.30
Average Single Family Home Size Sq Ft
1,387
Significantly below the national average
1,929
Average 2 Bedroom Size Sq Ft
1,193
Average 1 Bedroom Size Sq Ft
718
Median Lot Size Sq Ft
1,306

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,933
Median Age
37
Population Density
11 ppl/acre
Population under 18
11.5%
Below the national average
23.8%
Population over 65
7.1%
Below the national average
19.1%

Finances

Median Household Income
$82,674
On par with the national average
$79,601
Average Household Income
$117,388

Education and Workforce

High School Graduates
95.5%
College Graduates
68.1%
Significantly above the national average
34.1%
Advanced Degrees
17.5%
% Population in Labor Force
80.4%
Above the national average
64.9%

Weather

Annual Precipitation
51''
Average Winter Low Temperature
30°F
Average Summer High Temperature
91°F
Annual Snowfall
14''

Area Factors

Bikeable

Bike Score®

65 / 100

Very Walkable

Walk Score®

71 / 100

Good Transit

Transit Score®

66 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Riverfront