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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 $474,990 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
  • 1,598 - 2,922 Sq Ft
  • 11 Total homes
  • 5 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 April 30th, 2026. Learn how you can increase your home... This offer runs through 04/30/2026.

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Design incentive

Hometown Heroes

We can never repay you for your care, dedication, and tireless work in service of others, but we can make it easier to own your dream home! Contact our team today to learn how you might be eligible for $2,000 towards design options and upgrades in...

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Hot deal

Take Advantage of Our Exclusive Home-to-Sell Program

Many people need to sell their current home before they can move into the new home of their dreams! We can help you sell your existing home, making the process of purchasing your new M/I home smoother and quicker. With our Home-To-Sell program, yo...

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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 from the Smart Series, 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 ...

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 from the Smart Series, 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

April

4

Hello Spring! Open House Weekend | 01:00PM-04:00PM

??Say "hello" to spring! Searching for a new home? Explore our beautiful selection of Quick Move-In homes ready for you in and around Nashville. Check out Pennington Mills, Bledsoe Springs, Hillcrest Village, Reserve at Silver ...

Location: 500 Canal Circle Nashville, TN 37214

April

25

Nashville Tour of Homes | 10:00AM-06:00PM

M/I Homes is proud to participate in the 2026 Tour of Homes in Nashville, presented by My Southern Home with Kimberly Greenwell. Click below to view our featured segment ↓    Come see our beautiful communiti...

Location: 500 Canal Circle Nashville, TN 37214

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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

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

Available homes

Filters

Price
Bedrooms
Bathrooms

Floor plans (5)

Aster floor plan

Aster

From $474,990

  • 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
Dogwood floor plan

Dogwood

From $509,990

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

Arcadia

From $514,990

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

Guilford

From $550,990

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

Quick move-ins (12)

965 Watercourse Court (Aster)

965 Watercourse Court (Aster)

$520,156

  • 3 Beds
  • 2 Baths
  • 2 Gr
  • 1,603 SqFt
  • Quick move-in
  • Single family home
961 Watercourse Court (Arcadia)

961 Watercourse Court (Arcadia)

$565,181

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

937 Watercourse Court (Marion)

$572,110

  • 4 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,233 SqFt
  • Quick move-in
  • Single family home
942 Watercourse Court (Dogwood)

942 Watercourse Court (Dogwood)

$572,571

  • 4 Beds
  • 3.5 Baths
  • 2 Gr
  • 2,372 SqFt
  • Quick move-in
  • Single family home
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
921 Watercourse Court (Arcadia)

921 Watercourse Court (Arcadia)

$574,995

  • 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
933 Watercourse Court (Arcadia)

933 Watercourse Court (Arcadia)

$591,617

  • 3 Beds
  • 2.5 Baths
  • 2 Gr
  • 2,442 SqFt
  • Quick move-in
  • Single family home

Community map for Pennington Mills

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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

Schools near Pennington Mills

  • Metro Nashville Public Schools

Actual schools may vary. Contact the builder for more information.

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 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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  • 3-5 Beds
  • 2-3 Baths
  • 2,005 - 2,884 SqFt
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Barton's Mill

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  • 3-5 Beds
  • 2-3 Baths
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This listing's information was verified with the builder for accuracy 20 hours ago