402 Lake Valley Dr, Franklin, TN 37069

Conditional · $499,000 · 4.75 acres · 4.75 ac · $105,053/acre · Sloped

MLS #2755139 · updated 2026-06-30 · listed with Fridrich & Clark Realty

Photo 1 of 27: view at 402 Lake Valley Dr Photo 2 of 27: view at 402 Lake Valley Dr Photo 3 of 27: view at 402 Lake Valley Dr Photo 4 of 27: view at 402 Lake Valley Dr Photo 5 of 27: view at 402 Lake Valley Dr

27 photos.

4.75-acre homesite at 402 Lake Valley Dr in Legends Ridge, Franklin, $499,000 ($105,053/acre), by Fridrich & Clark Realty.

This is a vacant homesite (land silo) — lot size, price per acre, and buildability are below; interior and residence data do not apply.

Tour or ask about this home

Fastest way to see 402 Lake Valley Dr: request the earliest tour slot or send a question — Grant Hammond, Compass RE, replies directly.

Highlights

4.75 acresSloped$105,053/acre

How this homesite is priced

The evidence behind that pricing read:

Cost of ownership

Financing a homesite differs from a home mortgage — lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value plus HOA dues. Estimate only; not a loan offer.

List price$499,000
HOA dues$520 / mo
Property tax basisAssessed land value × the county assessment ratio (varies by land classification) × the Williamson County rate

Listing activity

Dated history for this listing, tracked by the GH Market Engine.

    Location & neighborhood

    402 Lake Valley Dr sits in Legends Ridge, Franklin, Williamson County.

    Full property details

    Complete reported fields for 402 Lake Valley Dr (reference).

    MLS #2755139
    StatusConditional
    Price$499,000
    Price / acre$105,053
    Lot size4.75 acres
    Lot dimensions4.75 ac
    Lot featuresSloped
    Property typeLot/Land/Acreage
    HOA dues$520 / mo
    SubdivisionLegends Ridge
    CountyWilliamson
    Updated2026-06-30

    Frequently asked questions

    Is 402 Lake Valley Dr, Franklin still for sale?

    As of the latest update (2026-06-30), 402 Lake Valley Dr, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

    How much does 402 Lake Valley Dr, Franklin cost?

    402 Lake Valley Dr, Franklin is listed at $499,000, about $105,053 per acre across 4.75 acres.

    How big is the lot at 402 Lake Valley Dr, Franklin?

    4.75 acres (4.75 ac).

    What is the price per acre?

    About $105,053 per acre.

    What subdivision is 402 Lake Valley Dr, Franklin in?

    402 Lake Valley Dr, Franklin is in the Legends Ridge subdivision of Franklin.

    Are there HOA dues?

    HOA dues are $520 per month, as listed.

    Can you build on 402 Lake Valley Dr, Franklin?

    402 Lake Valley Dr, Franklin is a homesite; buildability depends on zoning, available utilities, and topography — confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.

    Who can tell me more about 402 Lake Valley Dr, Franklin?

    Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

    Explore more

    Listed with Fridrich & Clark Realty. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.

    Market guidance by Grant Hammond, Compass RE — 25+ years, $1B+ in Middle Tennessee sales.

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