4540 Peytonsville Rd, Franklin, TN 37064
Conditional · $17,500,000
185.42 acres$94,380 /acreFarms/Ranch
MLS #2914254 · updated 2026-05-08 · listed with McArthur Sanders Real Estate
Conditional · $17,500,000
MLS #2914254 · updated 2026-05-08 · listed with McArthur Sanders Real Estate
185.42-acre homesite at 4540 Peytonsville Rd, Franklin, $17,500,000 ($94,380/acre), by McArthur Sanders Real Estate.
4540 Peytonsville Rd is a 185.42-acre homesite in Franklin, TN 37064, offered at $17,500,000.
Next step: ask Grant Hammond anything about 4540 Peytonsville Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-05-08. RealTracs via IDX.
This is a vacant homesite (land silo), lot size, price per acre, and buildability are below; interior and residence data do not apply.
Franklin Residential Development Opportunity! Targeted Growth/Expansion Area just off I-65/Goose Creek Bypass/Peytonsville Road Interchange. Approx. 185.42 Acres (Per Survey). +/-2,740 feet of frontage along the north side of Peytonsville Road. Property is irregular in shape. Maximum depth of the property from Peytonsville Road to the rear boundary is approximately 3,460 feet. Overall topography is rolling with contours ranging from +/-745 feet to +/-1,050 feet. Incredible Views; Freshwater Spring on property; Mix of open pasture and woods. Small Family Cemetery is located immediately west of the existing residence. Current Zoning: ER Estate Residential District (City of Franklin) | Long Range Land Use: Neighborhood Green (Per Envision Franklin). Beautiful Modern Farmhouse contains +/- 3,000 Sq. Ft. of Finished Living Space. The Primary BR and Ensuite are on the Main Level. 3 Car Detached Garage w/Shop and Equipment Storage and Multiple Barns. Existing Residence could be incorporated into a future development plan. Utility Availability/Providers: Water-Milcrofton Utility District. City of Franklin Sewer (Will require extension from the west). Electric-Middle Tennessee Electric. Gas-Atmos Energy. Great Location! 2.0 Miles to I-65; 4.5 Miles to I-840; 2.5 Miles to Shopping and Dining in Berry Farms; 6.0 Miles to Williamson Medical Center; 8.0 Miles to Cool Springs; 9.0 Miles to Downtown Franklin; 25.0 Miles to Downtown Nashville and BNA. Nearby Residential Developments Include: Brandon Park Downs (Homes from $2.2M to $3.5M), Berry Farms Town Center (Homes from $950K to $1.9M.), Southbrooke (Homes from $1.1M to $1.9M), Southvale (Homes from $1.2M to $1.65M). Proposed 1,425 Unit Erickson Communities Senior Living Facility just west of Property. Buyer responsible for re-enrolling in Greenbelt or be responsible for any applicable rollback taxes. Buyer to verify any and all pertinent information to Buyer's satisfaction. Listing Agent must be present for all showings.
Listing remarks courtesy of McArthur Sanders Real Estate via RealTracs.
The evidence behind that pricing read:
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. Estimate only; not a loan offer.
| List price | $17,500,000 |
|---|---|
| Property tax basis | Assessed land value × the county assessment ratio (varies by land classification) × the Williamson County rate |
Dated history for this listing, tracked by the GH Market Engine.
4540 Peytonsville Rd sits in Franklin, Williamson County.
As of the latest update (2026-05-08), 4540 Peytonsville Rd, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
4540 Peytonsville Rd, Franklin is listed at $17,500,000, about $94,380 per acre across 185.42 acres.
185.42 acres (185.42 ac).
About $94,380 per acre.
No subdivision is reported.
No HOA dues are reported for this homesite.
4540 Peytonsville Rd, 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.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
Complete reported fields for 4540 Peytonsville Rd (reference).
Get the full details, recent comparable sales, and any off-market options for 4540 Peytonsville Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with McArthur Sanders Real Estate. 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.
Franklin, TN single-family homes closed at a median of $1,050,000, or $342 per square foot, over the past 24 months. Median price per square foot runs from $306 to $462 across the seven Williamson County Schools high-school attendance zones (RealTracs, 3,387 closings).
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.
Short-term rental laws in Middle Tennessee govern permit types, zoning eligibility, and HOA restrictions across Nashville, Brentwood, Franklin, and Belle Meade.
[vc_row][vc_column width="1/1"][vc_column_text]It is quite rare for a high-end property to be foreclosed upon in historic downtown Franklin, TN. It’s even more rare for one of the
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