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Aster Elevation C
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Community A community is a collection of new construction homes built on homesites by one builder. To learn more about the new construction building process, please visit our Learning Center here: Learn More About The New Home Buying Process! Hot Deal

Pennington Mills

500 Canal Circle, Nashville, TN, 37214

by M/I Homes

From $477,990 This is the starting price for available plans and quick move-ins within this community and is subject to change.

  • 3-4 Beds
  • 2-4.5 Baths
  • 2 Garages
  • 1,598 - 2,922 SqFt
  • 8 Total homes
  • 5 Floor plans

Special offers

Explore the latest promotions at Pennington Mills. to learn more!

Fixed interest rate

New 5.875% Rate* / 5.9662% APR* on a 30-Year Fixed-Rate Conventional Loan for Investment Homes

For a limited time, secure a 5.875% Promo Rate* / 5.9662% APR* on a 30-year fixed-rate con...

For a limited time, secure a 5.875% Promo Rate* / 5.9662% APR* on a 30-year fixed-rate conventional loan offered through M/I Financial, LLC for investment or second homes in the Nashville area. This offer runs through 11/28/2025.

New 5.875% Rate* / 5.9662% APR* on a 30-Year Fixed-Rate Conventional Loan for Investment Homes
Hot deal

Something BIG is Happening

Your search is over. You've looked. You've planned. We'll make it yours. Now through Nove...

Your search is over. You've looked. You've planned. We'll make it yours. Now through November 16th, visit our model homes across the Nashville Area to learn more about incredible end of the year incentives on our Quick Move-In Homes. This offer runs through 11/16/2025.

Something BIG is Happening

Community highlights

Community amenities

  • Trails

Community description

Discover Pennington Mills, Nashville's newest home community! Nestled conveniently near Briley Parkway and just minutes from Interstate 40, this community offers easy access to downtown Nashville in just 15 minutes. Imagine living close to the heart of Music City while enjoying the convenience of a suburban retreat. About Our New Construction Homes in Nashville, TNPennington Mills will feature our Smart Series of homes, meticulously designed with outdoor spaces for relaxation. Each home boasts stunning brick elevations and front landscaping that enhance curb appeal, setting a welcoming tone from the moment you arrive. Step inside to discover the craftsmanship that defines our homes. The kitchens are culinary dreams with beautiful cabinets, stylish backsplashes, and granite countertops, p...

Discover Pennington Mills, Nashville's newest home community! Nestled conveniently near Briley Parkway and just minutes from Interstate 40, this community offers easy access to downtown Nashville in just 15 minutes. Imagine living close to the heart of Music City while enjoying the convenience of a suburban retreat. About Our New Construction Homes in Nashville, TNPennington Mills will feature our Smart Series of homes, meticulously designed with outdoor spaces for relaxation. Each home boasts stunning brick elevations and front landscaping that enhance curb appeal, setting a welcoming tone from the moment you arrive. Step inside to discover the craftsmanship that defines our homes. The kitchens are culinary dreams with beautiful cabinets, stylish backsplashes, and granite countertops, perfect for entertaining friends and family. Personalize your home with optional upgrades, such as a covered patio or a luxury owner's suite featuring both a tub and a shower. Plus, enjoy the community's Greenway walking trail, ideal for evening strolls or morning jogs. Living in the Music CityLiving in Nashville, TN, offers a lifestyle that blends rich cultural heritage with modern amenities. Known worldwide as the "Music City," Nashville is not only the heart of country music but also a hub for creativity, entertainment, and Southern hospitality. Nashville's music scene is legendary. From the historic Grand Ole Opry, where country music icons have performed for decades, to the honky-tonks of Broadway filled with live music day and night, there's something for every music lover. Nature enthusiasts will appreciate Nashville's scenic beauty. Walk or bike along the Shelby Bottoms Greenway or explore Radnor Lake State Park's hiking trails. Boating and fishing on the Cumberland River are popular activities, offering a serene escape within city limits. Don't miss your chance to call Pennington Mills home! Sign up now to receive exclusive updates on home relea...

Have questions about the amenities?

Upcoming events

November

11

Rescheduled: Pelotonia Benefit Home Celebration | 09:00AM-10:30AM

Join us for complimentary coffee and pastries from Southern Sips to celebrate Nashville's first Pelotonia Benefit Home! At 9:30 A.M., we'll have a ribbon cutting to honor the fight to end cancer followed by a group photo. Thank...

Location: 500 Canal Circle Nashville, TN 37214

For more information, visit the builder's website.

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Community location & sales center
Pennington Mills

Pennington Mills
M/I Homes
500 Canal Circle, Nashville, TN 37214

888-532-4803

Sales Agent

Alexandra Salazar

Hours

Mon 2pm-6pm; Tue-Sat 10am-6pm; Sun 12pm-6pm

Available homes

Filters

Price
Bedrooms
Bathrooms

Floor plans (5)

Aster floor plan

Aster

From $477,990

  • 3 Beds
  • 2 Baths
  • 2 Gr
  • 1,598 SqFt
  • Floor plan
  • Single family home
Marion floor plan

Marion

From $496,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,233 SqFt
  • Floor plan
  • Single family home
Arcadia floor plan

Arcadia

From $503,990

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,442 SqFt
  • Floor plan
  • Single family home
Dogwood floor plan

Dogwood

From $513,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,347 SqFt
  • Floor plan
  • Single family home
Guilford floor plan

Guilford

From $543,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,922 SqFt
  • Floor plan
  • Single family home

Quick move-ins (9)

549 Canal Circle (Aster)

549 Canal Circle (Aster)

$524,990

  • 3 Beds
  • 2 Baths
  • 2 Gr
  • 1,598 SqFt
  • Quick move-in
  • Single family home
505 Canal Circle (Marion)

505 Canal Circle (Marion)

$534,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,233 SqFt
  • Quick move-in
  • Single family home
545 Canal Circle (Marion)

545 Canal Circle (Marion)

$549,990

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,233 SqFt
  • Quick move-in
  • Single family home
525 Canal Circle (Marion)

525 Canal Circle (Marion)

$550,920

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,233 SqFt
  • Quick move-in
  • Single family home
521 Canal Circle (Arcadia)

521 Canal Circle (Arcadia)

$570,630

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,442 SqFt
  • Quick move-in
  • Single family home
529 Canal Circle (Arcadia)

529 Canal Circle (Arcadia)

$573,390

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,442 SqFt
  • Quick move-in
  • Single family home
500 Canal Circle (Arcadia)

500 Canal Circle (Arcadia)

Model home

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,442 SqFt
  • Quick move-in
  • Single family home
553 Canal Circle (Dogwood)

553 Canal Circle (Dogwood)

$576,990

  • 4 Beds
  • 3.5 Baths
  • 2 Gr
  • 2,347 SqFt
  • Quick move-in
  • Single family home

Community map for Pennington Mills

Auto-looped video of a floor plan being changed

Browse this interactive map to see this community's available lots.

Neighborhood

Community map

Community location & sales center

500 Canal Circle
Nashville, TN 37214

888-532-4803

Please enter a valid location or select an item from the list.
Driving directions to sales center

Amenities

  • Overall information
  • Neighborhood amenities

Community & neighborhood

Local points of interest

  • Country Music Hall of Fame and Museum
  • Downtown Nashville
  • Bridgestone Arena
  • Nashville Zoo at Grassmere
  • Tennessee Sports Hall of Fame
  • Cumberland Park
  • Grand Ole Opry
  • Frist Art Museum
  • Nashville Barrel Company
  • Yee-Haw Brewing Co

Health and fitness

  • Trails

Community services & perks

  • HOA fees: Unknown, please contact the builder

Nearby schools

Metro Nashville Public Schools

Elementary school.  Grades PK to 5.

  • Public school
  • Teacher - student ratio: 1:14
  • Students enrolled: 308

2817 Donna Hill Dr, Nashville, TN, 37214

615-885-8918

Middle school.  Grades 6 to 8.

  • Public school
  • Teacher - student ratio: 1:11
  • Students enrolled: 266

2991 Mcgavock Pike, Nashville, TN, 37214

615-885-8931

High school.  Grades 9 to 12.

  • Public school
  • Teacher - student ratio: 1:18
  • Students enrolled: 2098

3150 Mcgavock Pike, Nashville, TN, 37214

615-885-8850

Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.

Builder details

M/I Homes

M/I Homes Logo

M/I Homes has been building new homes of outstanding quality and superior design for more than 40 years. Founded in 1976 by Irving and Melvin Schottenstein, and guided by Irving’s drive to always “treat the customer right,” we’ve fulfilled the dreams of more than 150,000 homeowners, and grown to become one of the nation’s leading homebuilders.

View full builder profile > View builder’s website >