Property details
Description of 151 Franklin Rd, Franklin, TN 37064
Undeniably Franklin's most iconic residence, Riverview Mansion has stood as a luminary example of grace and splendor for over 120 years. Integral to Franklin's rich history, Riverview has served as the residence of past mayors, physicians, and visionaries. Original portions of the home were built in 1902 by the celebrated Henry Mayberry, with further enhancements in 1940. This opulent home features four generously sized bedrooms and four lavish bathrooms. Overwhelmed with history, every room in this stately home tells a beautiful and unique story. The refined living space is decorated with the home's original wallpaper, a dramatic 360-degree stairwell that elegantly ascends without needing a center pole (a first of its kind) and silk drapes displaying a silent testimony to its splendid past. The formal dining room is furnished with prize-winning pieces from the 1893 Chicago World's Fair Expo, adding a layer of intrigue and culture. Select pieces available for purchase. Not to be overshadowed, the third-floor ballroom was once the venue for enchanting twentieth-century galas. The estate is enriched further with a charming 1800s log cabin, featuring one bedroom and one bathroom, currently used as an income-producing short-term rental. The home's original smokehouse is on-site as well. The sprawling 15 acres provides a sense of privacy and escape, accommodating a Sears & Roebuck craftsman-style horse barn with ten stalls, complete with a tack room and a spacious hay loft, poised to delight equestrian enthusiasts. Step into a living piece of history, where every corner tells a story, and modern amenities meet historical splendor for a truly unique lifestyle with all of the perks of being in the middle of Historic Downtown Franklin. Please see attachment in doc section for further comprehensive history!
Listing updated:
Zoned schools: Johnson Elementary, Freedom Middle School, Franklin High School (verify current zoning with the district).
Undeniably Franklin's most iconic residence, Riverview Mansion has stood as a luminary example of grace and splendor for over 120 years. Integral to Franklin's rich history, Riverview has served as the residence of past mayors, physicians, and visionaries. Original portions of the home were built in 1902 by the celebrated Henry Mayberry, with further enhancements in 1940. This opulent home features four generously sized bedrooms and four lavish bathrooms. Overwhelmed with history, every room in this stately home tells a beautiful and unique story. The refined living space is decorated with the home's original wallpaper, a dramatic 360-degree stairwell that elegantly ascends without needing a center pole (a first of its kind) and silk drapes displaying a silent testimony to its splendid past. The formal dining room is furnished with prize-winning pieces from the 1893 Chicago World's Fair Expo, adding a layer of intrigue and culture. Select pieces available for purchase. Not to be overshadowed, the third-floor ballroom was once the venue for enchanting twentieth-century galas. The estate is enriched further with a charming 1800s log cabin, featuring one bedroom and one bathroom, currently used as an income-producing short-term rental. The home's original smokehouse is on-site as well. The sprawling 15 acres provides a sense of privacy and escape, accommodating a Sears & Roebuck craftsman-style horse barn with ten stalls, complete with a tack room and a spacious hay loft, poised to delight equestrian enthusiasts. Step into a living piece of history, where every corner tells a story, and modern amenities meet historical splendor for a truly unique lifestyle with all of the perks of being in the middle of Historic Downtown Franklin. Please see attachment in doc section for further comprehensive history!
| LAST UPDATED | 8/26/2025 | TRACT | Riverview |
|---|---|---|---|
| YEAR BUILT | 1902 | COUNTY | Williamson |
| STATUS | Conditional | PROPERTY TYPE(S) | Single Family |
| Elementary School | Johnson Elementary |
|---|---|
| Jr. High School | Freedom Middle School |
| High School | Franklin High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Gas Range, Double Oven, Electric Oven |
| BARN/EQUESTRIAN | Yes |
| BASEMENT | Partial, Unfinished, Yes |
| CONSTRUCTION | Stone, Stucco |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| HEAT | Central |
| INTERIOR | Built-in Features, Entrance Foyer, High Ceilings, Walk-In Closet(s), Wet Bar |
| LOT | 15 acre(s) |
| LOT DESCRIPTION | Private |
| LOT DIMENSIONS | 15 |
| PARKING | Private |
| SEWER | Private Sewer |
| STORIES | 1 |
| STYLE | Colonial |
| SUBDIVISION | Riverview |
| TAXES | 11911 |
| UTILITIES | Water Available |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties marked with the MTRMLS approved logo are provided courtesy of the RealTracs Internet Data Exchange Program
Copyright 2026 MTRMLS, Inc.
Information Is Believed To Be Accurate But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
About this home
Status: this home is currently under contract, per RealTracs as of July 10, 2026.
151 Franklin Rd, Franklin, TN 37064 is a 4-bedroom, 4-bath home in Franklin, TN 37064, offered at $12,000,000, about $2,144/sq ft across 5,598 sq ft.
Bedroom count: this home is listed in the MLS structured data as 4 bedrooms, while the listing remarks describe a 1-bedroom-plus-den layout. We report the structured MLS count (4); confirm the configuration that matters to you.
Recently sold in Franklin 37064: 12 comparable homes from $7,450,000 to $16,000,000, a median of $898/sq ft; this listing at $2,144/sq ft is about 139% above recent sold prices.
All-in, about $59,051/mo at 30% down (6.64% 30-yr).
At the current 6.64% 30-year rate, principal and interest on this home runs about $53,858/mo; at the 6.50% rate of about three months ago it would be roughly $53,105/mo; monthly P&I is about $754 higher now.
Beyond principal and interest, the recurring carrying costs on this home (property tax (about $993/mo) and insurance (about $4,200/mo)) run about $5,193/mo, roughly 9% of the all-in monthly payment.
How is it priced in Franklin?
| Active listings | 31 |
|---|---|
| Median list price | $570,806 |
| Median $/sqft (list) | $250 |
As of (31 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this home compares in Riverview
At $2,144/sq ft, this home is among the highest priced per square foot of the 31 active homes in Riverview (about the 100th percentile).
Riverview trades about 36% below the Franklin 37064 area on a price-per-square-foot basis.
Computed by Grant Hammond from 31 active Riverview comparables (RealTracs via IDX), refreshed weekly. Analysis, not an appraisal.
Williamson County home prices by school zone
Closed single-family sales, trailing 24 monthsHomes zoned to Franklin High closed at a median of $1,060,000 ($349/sq ft) over the past 24 months, across 774 single-family sales. That is the third-highest price per square foot of Williamson County's 9 high-school zones, 9% above the $319/sq ft countywide median.
RealTracs closed single-family sales, trailing 24 months, grouped by high-school attendance zone. Assignment depends on the exact address and can change; verify with the district before making an offer. Analysis by Grant Hammond, data via RealTracs (IDX).
Financing 151 Franklin Rd, Franklin
The estimated monthly payment for 151 Franklin Rd, Franklin is about $59,051: a jumbo 30-year mortgage at 6.638% with 30% down, including property tax, insurance. Estimate only; not a loan offer or appraisal.
- Principal & interest: $53,858
- Property tax: $993
- Insurance (est.): $4,200
- Income to qualify: $2,530,754
- Cash to close: $3,960,000
- Equity at yr 5: $4,124,310
30- vs 15-year fixed, monthly. Source: Freddie Mac & Optimal Blue via FRED, updated 2026-07-08.
Property tax is the actual annual amount reported on the listing for this property, not a list-price estimate. Insurance/PMI are estimates; rate is editable. Estimate only; not a loan offer.
Frequently asked questions
Is 151 Franklin Rd still for sale?
151 Franklin Rd is currently under contract as of 08-26-2025, per RealTracs. Contact Grant Hammond, Compass RE, to ask whether backup offers are being accepted.
How much does 151 Franklin Rd cost?
151 Franklin Rd is listed at $12,000,000, about $2,144 per square foot across 5,598 square feet (as of 08-26-2025).
What is the price per square foot for 151 Franklin Rd?
151 Franklin Rd is priced at $2,144 per square foot, 5,598 square feet at $12,000,000 (as of 08-26-2025).
Does 151 Franklin Rd have an HOA?
No. 151 Franklin Rd has no HOA dues, per the listing (as of 08-26-2025).
How big is the lot for 151 Franklin Rd?
151 Franklin Rd sits on a 15-acre lot, measuring approximately 15 (per the listing).
Does 151 Franklin Rd have a basement?
Yes. 151 Franklin Rd has an unfinished basement, per the listing.
When was 151 Franklin Rd built?
151 Franklin Rd was built in 1902.
What are the property taxes on 151 Franklin Rd?
The annual property tax reported for 151 Franklin Rd is about $11,911 (as reported on the listing, as of 08-26-2025).
What is the estimated monthly payment for 151 Franklin Rd?
About $59,051 per month at 6.638% on a 30-year loan with 30% down, including the actual property tax and an insurance estimate. Estimate only, not a loan offer.
What schools serve 151 Franklin Rd?
151 Franklin Rd is zoned for Johnson Elementary, Freedom Middle School, Franklin High School, per the listing. Verify current enrollment and zoning with the district.
Similar listings at Riverview
- 2401 Pennington Bend Rd Nashville, $1,300,000, 3 bd / 3.5 ba, 2,101 sq ft
- 1100 Riverview Run Madison, $608,227, 5 bd / 3 ba, 2,604 sq ft
- 1105 Riverview Run Madison, $588,718, 4 bd / 3.5 ba, 2,589 sq ft
- 1116 Riverview Run Madison, $582,240, 4 bd / 3 ba, 2,589 sq ft
- 1107 Riverview Run Madison, $570,806, 3 bd / 2 ba, 1,860 sq ft
- 1104 Riverview Run Madison, $528,029, 4 bd / 2.5 ba, 2,323 sq ft
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Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.
