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Back to Nashville, Tennessee
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 $506,990 This is the starting price for available plans and quick move-ins within this community and is subject to change.

  • 3-4 Beds
  • 2-3 Baths
  • 2 Car garage
  • 2,233 - 2,922 Sq Ft
  • 5 Total homes
  • 4 Floor plans

Special offers

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

Financing

Move In Now, Pay Less

For a limited time, secure a 2/1 Buydown with first year rates as low as 2.875% Rate* / 5.6185% APR* on a 30-year fixed-rate FHA loan through M/I Financial, LLC. on new homes that can close by July 31st, 2026. Learn how you can increase your home ... This offer runs through 07/31/2026.

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Fixed interest rate

Moving Later? Lock In a Below-Market Rate*

Thinking about moving later this year? At M/I Homes, we understand that buying a home is one of the most significant decisions you'll ever make. That's why we're offering a special extended rate lock on a below market rate* through M/I Financial, ...

Learn more
Hot deal

Our Biggest Offers of the Year

Time is running out to personalize a home of your own, just the way you dreamed it. Whether you are looking to move quickly, or build your dream home from the ground up, our locations across the Nashville areas' top neighborhoods are the perfect p... This offer runs through 06/21/2026.

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Community highlights

Community amenities

  • Trails

About Pennington Mills

Pennington Mills in Nashville offers a comfortable suburban setting near Briley Parkway and I-40, with a quick drive to downtown and the energy of Music City. This community features single-family homes designed with inviting outdoor spaces, brick exteriors, and thoughtful layouts that balance style and function.Inside, open kitchens with granite countertops and modern finishes create a warm gathering place, while options like covered patios and enhanced owner’s suites allow for added personalization. A community Greenway trail provides space for morning jogs or relaxed evening walks.Living here means enjoying Nashville’s blend of culture, live music, and outdoor recreation, from the Cumberland River to nearby parks and greenways. Pennington Mills offers a connected lifestyle with the conv...

Pennington Mills in Nashville offers a comfortable suburban setting near Briley Parkway and I-40, with a quick drive to downtown and the energy of Music City. This community features single-family homes designed with inviting outdoor spaces, brick exteriors, and thoughtful layouts that balance style and function.Inside, open kitchens with granite countertops and modern finishes create a warm gathering place, while options like covered patios and enhanced owner’s suites allow for added personalization. A community Greenway trail provides space for morning jogs or relaxed evening walks.Living here means enjoying Nashville’s blend of culture, live music, and outdoor recreation, from the Cumberland River to nearby parks and greenways. Pennington Mills offers a connected lifestyle with the convenience and character that make Nashville such a vibrant place to call home.

Have questions about the amenities?

Upcoming events

May

30

Dream Big: Home Tour Event | 10:00AM-06:00PM

Are you ready to find the home of your dreams? Join us for our home tours across the Nashville Area to bring your new home dreams to reality, and then take advantage of our biggest offers of the year. ?? Join us Saturday or Su...

Location: 500 Canal Circle Nashville, TN 37214

June

6

Build a Birdhouse in Nashville | 12:00PM-04:00PM

Join us at Pennington Mills for our FREE Build a Birdhouse event and get hands-on with a fun, creative activity for all ages. Whether you're an experienced DIYer or simply looking for a unique way to spend the weekend, this eve...

Location: 500 Canal Circle Nashville, TN 37214

June

13

Dream Big: Homesite Walk Event | 10:00AM-06:00PM

Are you ready to build the home of your dreams? Join us for our homesite walk across the Nashville Area to bring your new home dreams to reality, and take advantage of our biggest offers of the year. ?? Join us Saturday or Sun...

Location: 500 Canal Circle Nashville, TN 37214

Get more details

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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

Heather Reed

Hours

Closed Mon; Tue-Wed 10am-6pm; By Appointment Only Thu-Fri; Sat 10am-6pm; Sun 12pm-6pm

Available homes

Filters

Price
Bedrooms
Bathrooms

Floor plans (4)

Marion floor plan

Marion

From $506,990

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

Dogwood

From $519,990

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

Arcadia

From $524,990

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

Guilford

From $560,990

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

Quick move-ins (6)

553 Canal Circle (Dogwood)

553 Canal Circle (Dogwood)

$574,990

  • 4 Beds
  • 3.5 Baths
  • 2 Gr
  • 2,347 SqFt
  • Quick move-in
  • Single family home
937 Watercourse Court (Marion)

937 Watercourse Court (Marion)

$582,110

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,233 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
501 Canal Circle (Arcadia)

501 Canal Circle (Arcadia)

$587,330

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,442 SqFt
  • Quick move-in
  • Single family home
929 Watercourse Court (Guilford)

929 Watercourse Court (Guilford)

$625,685

  • 4 Beds
  • 3.5 Baths
  • 2 Gr
  • 2,922 SqFt
  • Quick move-in
  • Single family home
909 Watercourse Court (Guilford)

909 Watercourse Court (Guilford)

$628,280

  • 4 Beds
  • 3.5 Baths
  • 2 Gr
  • 2,922 SqFt
  • Quick move-in
  • Single family home

Community map for Pennington Mills

Explore the homesites within Pennington Mills and see what homes you can build on each site.

Neighborhood

Community map

Community location & sales center

500 Canal Circle Nashville, TN 37214

888-532-4803

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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

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 50 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 170,000 homeowners, and grown to become one of the nation’s leading homebuilders.

View full builder profile > View builder's website >

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    This listing's information was verified with the builder for accuracy 23 hours ago