Pennington Mills

Pennington Mills at a glance

Pennington Mills is an active new-construction community in the Donelson area of Nashville, in the Music Valley pocket of Davidson County, Tennessee. The neighborhood is built around Canal Circle and sits about 15 minutes from downtown Nashville via Briley Parkway, with direct adjacency to Two Rivers Park and the Shelby Bottoms Nature Center greenway system. It's a compact, walkable enclave of new single-family homes designed to put green space and an easy commute within reach at the same time.

The community offers single-family homes built by M/I Homes, with pricing that starts at $474,990 and floor plans ranging from 1,598 to 3,000 square feet and three to four bedrooms. As of June 2026 it is actively selling, with roughly 19 to 23 homes remaining and a mix of Quick Move-In homes and to-be-built options on the board. Pennington Mills tends to draw buyers who want a brand-new home with low-maintenance features and quick access to both downtown and the outdoors, including out-of-state buyers relocating to the Nashville area who value being able to lock in new construction near the airport and the river.

Who builds in Pennington Mills

Pennington Mills is built by M/I Homes, a national homebuilder with an established presence across the Nashville mid-state market. At Pennington Mills, M/I Homes is delivering its Smart Series line of single-family homes, which emphasizes open-concept layouts and a curated set of included features so buyers can move through the selection process efficiently.

Because there's a single builder here, the experience is consistent from plan to plan, and the on-site team handles the build logistics start to finish. We tour M/I Homes communities across the area regularly, so when you're comparing what's available at Pennington Mills, we can help you understand how its Smart Series homes line up against other M/I and non-M/I new construction nearby — at little or no cost to you as the buyer.

Homes & floor plans

Homes at Pennington Mills are single-family residences from the M/I Homes Smart Series, ranging from 1,598 to 3,000 square feet with three to four bedrooms. Lots run approximately 0.14 to 0.16 acres and vary by homesite, so the exact dimensions depend on the specific lot you choose.

• Open-concept Smart Series floor plans
• Granite countertops
• Brick elevations with landscaping
• Two-car garages
• Covered and outdoor patio spaces
• Both Quick Move-In (already underway) and to-be-built homes

M/I Homes publishes its current floor plans, included features, and available homesites on its official community page. Because the plan lineup, inventory, and finishes change as the community sells through, we'll pull the live plan list and walk it with you rather than rely on a static snapshot — just ask and we'll send over what's actually available today.

Amenities & community life

Day-to-day life at Pennington Mills is shaped as much by what's around it as by what's inside it. The community includes a greenway walking trail and outdoor spaces with patios, and it sits adjacent to two of the largest green spaces on this side of Nashville.

• A greenway walking trail within the community
• Two Rivers Park — 374 acres adjacent to the neighborhood, with a skate park and a water park
• Shelby Bottoms Nature Center — adjacent, with 10-plus miles of trails
• Outdoor patio spaces designed into the homes for low-maintenance living

For buyers who want a new home but don't want to trade away green space, the combination of an on-site greenway and direct access to Two Rivers Park and Shelby Bottoms is a defining part of the Pennington Mills setting.

Location, access & schools

Pennington Mills is located off Canal Circle in the Donelson / Music Valley area of Nashville (Davidson County), with a community location on Canal Circle, Nashville, TN 37214. Downtown Nashville is roughly 15 minutes away via Briley Parkway, and the neighborhood's adjacency to Two Rivers Park and Shelby Bottoms Nature Center puts hundreds of acres of parkland and 10-plus miles of trails right at the edge of the community.

Pennington Mills is zoned to the McGavock Cluster of Metro Nashville Public Schools, including Pennington Elementary School and McGavock High School. School zoning can change, so we recommend confirming current attendance boundaries with the district for the specific address you're considering before you write an offer.

What to verify before you buy

New-construction details move quickly, and we'd rather you make decisions on live numbers than on a page. Before you write an offer at Pennington Mills, let's confirm the current specifics together.

• Current pricing and any active builder incentives — we pull live numbers for you
• Which homes are Quick Move-In versus to-be-built, and current availability (roughly 19-23 homes remained as of June 2026)
• The current phase and remaining homesites
• The specific lot size and orientation for any home you're considering
• HOA dues, what they cover, and any community rules
• Current zoned-school boundaries for the exact address

We don't speculate on future values or guess at figures we can't confirm — we get you the real, current numbers so you can decide with confidence.

Working with The Will Johnson Team

We represent buyers in new construction at little or no cost to you, and because we tour communities like Pennington Mills constantly, we can help you compare floor plans, read the builder's contract, and navigate the build from contract to closing. Our role is to make sure your interests are represented at every step while keeping the experience positive for everyone at the table.

Ready to see what's available at Pennington Mills, or to compare it against other new construction in Donelson and the wider Nashville area? Call The Will Johnson Team at 615-265-1000 and we'll pull the current homes and numbers for you.

Commute & getting around from Pennington Mills

Pennington Mills sits in the Pennington Bend pocket of Donelson, off McGavock Pike near Briley Parkway. Its biggest practical advantage is proximity to Nashville International Airport (BNA), which sits in the Donelson area itself, roughly 8 miles east of downtown Nashville. Opry Mills, the Grand Ole Opry, and the Gaylord Opryland Resort in the Music Valley entertainment district are also close, commonly cited at a few miles / a short drive up McGavock Pike or Briley Parkway. Downtown Nashville is about 15 minutes away via Briley Parkway and I-40, per M/I Homes' own community listing — though commute times shift with traffic patterns, so we'd encourage anyone commuting daily to a specific employer or the airport to test-drive the actual drive at rush hour before deciding.

Builder incentives & how pricing has moved

New-construction pricing at Pennington Mills has shifted as the community has sold through its phases. As of June 2026, the builder's published starting price was $474,990 for its smaller Smart Series plans (1,598 sq ft and up). As of July 2026, M/I Homes' community page describes Pennington Mills as approaching its final phase of homesites, with a starting price of $575,000 and a square footage range of 2,233 to 2,922 sq ft — consistent with the smaller, entry-level plans selling out and the remaining inventory skewing toward larger homes. We aren't predicting where pricing goes from here; we're passing along what the builder has published at two different points in time so you can see the trend for yourself. M/I Homes also periodically runs limited-time financing incentives, such as a 2/1 rate buydown on homes closing by a specific date (August 31, 2026, as of this writing) — incentives like this change often, so we'll confirm exactly what's currently offered, and whether it beats negotiating price or closing-cost credits instead, before you sign anything.

HOA & investor checklist

• Current HOA dues, what they cover, and any rental or short-term-rental restrictions, in writing from the builder or HOA management company
• Flood zone status for the specific lot — Pennington Bend sits along a bend of the Cumberland River, and Metro Water Services' Flood Information Risk and Storm Tool (nashvilletn.withforerunner.com, or 615-862-7225) shows regulated floodplain boundaries and elevation-certificate data by address
• Whether flood insurance would be required or recommended for that lot, and the estimated annual premium
• Property tax estimate at assessed value once the home is complete, from the Davidson County Assessor of Property
• Builder warranty terms (structural, systems, and appliance coverage periods) in writing

We can't predict future appreciation or resale values at Pennington Mills or anywhere else — nobody can do that responsibly. What we can do is make sure you're buying with complete, current, verified information rather than assumptions.

Pennington Mills FAQ

Is Pennington Mills still selling, and how many homes are left? As of July 2026, M/I Homes describes the community as approaching its final phase of homesites with limited availability. Inventory changes weekly in a community this close to sellout, so we'll pull the live count and specific available addresses rather than rely on a snapshot. What school will my kids attend? Schools are assigned by home address within Metro Nashville Public Schools, not by community name, and boundaries can be redrawn — rather than characterize school quality ourselves, we'd point you to GreatSchools.org and the Tennessee Department of Education's report card site for the specific address, and confirm the zoned assignment with MNPS before you write an offer. Does using a buyer's agent cost more at Pennington Mills? Working with The Will Johnson Team costs you little or no money out of pocket in most new-construction transactions, and it gives you an advocate who isn't working for the builder — reviewing the contract, flagging what to verify, and representing your interests through closing.

Commute & getting around from Pennington Mills

Pennington Mills sits in the Pennington Bend pocket of Donelson, off McGavock Pike near Briley Parkway. Its biggest practical advantage is proximity to Nashville International Airport (BNA), which sits in the Donelson area itself, roughly 8 miles east of downtown Nashville. Opry Mills, the Grand Ole Opry, and the Gaylord Opryland Resort in the Music Valley entertainment district are also close, commonly cited at a few miles / a short drive up McGavock Pike or Briley Parkway. Downtown Nashville is about 15 minutes away via Briley Parkway and I-40, per M/I Homes' own community listing — though commute times shift with traffic patterns, so we'd encourage anyone commuting daily to a specific employer or the airport to test-drive the actual drive at rush hour before deciding.

Builder incentives & how pricing has moved

New-construction pricing at Pennington Mills has shifted as the community has sold through its phases. As of June 2026, the builder's published starting price was $474,990 for its smaller Smart Series plans (1,598 sq ft and up). As of July 2026, M/I Homes' community page describes Pennington Mills as approaching its final phase of homesites, with a starting price of $575,000 and a square footage range of 2,233 to 2,922 sq ft — consistent with the smaller, entry-level plans selling out and the remaining inventory skewing toward larger homes. We aren't predicting where pricing goes from here; we're passing along what the builder has published at two different points in time so you can see the trend for yourself. M/I Homes also periodically runs limited-time financing incentives, such as a 2/1 rate buydown on homes closing by a specific date (August 31, 2026, as of this writing) — incentives like this change often, so we'll confirm exactly what's currently offered, and whether it beats negotiating price or closing-cost credits instead, before you sign anything.

HOA & investor checklist

We can't predict future appreciation or resale values at Pennington Mills or anywhere else — nobody can do that responsibly. What we can do is make sure you're buying with complete, current, verified information rather than assumptions.

Pennington Mills FAQ

Is Pennington Mills still selling, and how many homes are left? As of July 2026, M/I Homes describes the community as approaching its final phase of homesites with limited availability. Inventory changes weekly in a community this close to sellout, so we'll pull the live count and specific available addresses rather than rely on a snapshot. What school will my kids attend? Schools are assigned by home address within Metro Nashville Public Schools, not by community name, and boundaries can be redrawn — rather than characterize school quality ourselves, we'd point you to GreatSchools.org and the Tennessee Department of Education's report card site for the specific address, and confirm the zoned assignment with MNPS before you write an offer. Does using a buyer's agent cost more at Pennington Mills? Working with The Will Johnson Team costs you little or no money out of pocket in most new-construction transactions, and it gives you an advocate who isn't working for the builder — reviewing the contract, flagging what to verify, and representing your interests through closing.