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402 Lake Valley Dr, Franklin, TN 37069

402 Lake Valley Dr, Franklin, TN 37069, Conditional at $499,000. 4.75 acres · 4.75 ac · $105,053/acre · Sloped.

Conditional · $499,000

4.75 acres$105,053 /acreLot/Land/Acreage

MLS #2755139 · listed June 28, 2026 · 27 days on market · updated June 30, 2026

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

The quick read

402 Lake Valley Dr is a 4.75-acre homesite in Franklin, TN 37069, offered at $499,000.

Next step: ask Grant Hammond anything about 402 Lake Valley Dr (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of June 30, 2026. RealTracs via IDX.

This is a vacant homesite: lot size, price per acre, and buildability are below; interior and residence data do not apply.

Highlights

4.75 acresSloped$105,053/acre

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
All 14 property fields
SubdivisionLegends Ridge
CountyWilliamson
ListedJune 28, 2026
Days on market27
UpdatedJune 30, 2026

Listing activity

DateEventPriceChange
Last recorded sale$460,000
Listed$499,000
  • Listed at $499,000, about 8% above the last recorded sale ($460,000, May 20, 2021).

County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.

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

How this homesite is priced

The evidence behind that pricing read:

  • Priced at $105,053 per acre across 4.75 acres; lot character: Sloped. Land is compared on a per-acre basis, not $/sqft.
  • Analysis by Grant Hammond, Compass RE, comp-based, not an appraisal.

Location & neighborhood

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

Ask Grant about 402 Lake Valley Dr

Get the full details, recent comparable sales, and any off-market options for 402 Lake Valley Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

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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.

Nashville real estate insights

Read: Franklin, TN Home Prices by School Zone (2026)
Franklin, TN Home Prices by School Zone (2026)

What Franklin, TN homes cost per square foot in each Williamson County Schools zone: median price and $/sq ft for all seven high-school zones.

Read: Franklin TN Home Prices: The Williamson County Market Pulse
Franklin TN Home Prices: The Williamson County Market Pulse

Franklin TN home prices over the trailing six months: 978 closings, a $949,995 median, and the new-construction supply that keeps Williamson County near double the Davidson County median. A broker's data read, with live market stats, current MLS listings, and how Franklin compares to Brentwood.

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Frequently asked questions about 402 Lake Valley Dr

Is 402 Lake Valley Dr, Franklin still for sale?

As of the latest update (June 30, 2026), 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.

How do I tour or make an offer on 402 Lake Valley Dr, Franklin?

Request a walkthrough of the parcel or submit an offer through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.

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.

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