Property details
Description of 1886 Carters Creek Pike
This property is sold in "as is" condition. New soil mapping will be done as the property is on a septic system. The building on the property was the old Moose Lodge and hasn't been occupied for years. Buyer to verify any pertinent information. Please see MLS # 2931797 for the lot land listing as well.
Listing updated: 2026-11-04
Zoned schools: Winstead Elementary School, Legacy Middle School, Independence High School (verify current zoning with the district).
About this property
1886 Carters Creek Pike is a property in Franklin, TN 37064, last listed at $1,500,000, about $326/sq ft across 4,608 sq ft.
At $326/sq ft, this property is about 15% below the Franklin 37064 median list price per square foot of $383.
Recently sold in Franklin 37064: 12 comparable homes from $967,000 to $1,952,633, a median of $436/sq ft.
Price & sale history
- Last sold for $323,200 in December 2017.
- 34 days on market (tracked since Jun 19, 2026).
Last sale & county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
How is it priced in Franklin?
Franklin 37064 homes: a seller's market as of 11-04-2026. About 3.7 months of supply, 98.8% sale-to-list (trailing 6 months).
- Median sale price
- $1,000,000
- Average sale price
- $1,442,152
- Active inventory
- 614+1% MoM
- Months of supply
- 3.70% MoM
Seller's market
Full Franklin 37064 market detail
| Active listings | 614 |
|---|---|
| Median list price | $1,172,000 |
| Median $/sqft (list) | $383 |
| Homes closed (12-mo) | 1,619 |
| Median closed price | $1,000,000 |
| Average closed price | $1,442,152 |
| Sale-to-list (trailing 6 mo, dated closings, n=667) | 98.8% |
| Months of supply | 3.7 |
As of (614 active listings). Source: Realtracs via IDX. Analysis by Grant Hammond.
What's your Franklin 37064 home worth? Get a free local valuation →
Financing this property
Five-plus-unit and commercial properties are financed with a commercial loan, not a conforming 30-year mortgage: DSCR-underwritten, typically 20-30% down on a 20-25-year amortization (often a 5/7/10-year term), and qualified on net operating income (NOI), not personal income. Ask Grant Hammond about financing and to request the rent roll and operating statement.
Frequently asked questions
Can you short-term rent 1886 Carters Creek Pike?
1886 Carters Creek Pike is in Franklin (Williamson County), not Metro Nashville, so Nashville's short-term-rental permit program does not apply here. Williamson County and the City of Franklin set their own short-term-rental rules; verify the current local ordinance before counting on STR use.
How is 1886 Carters Creek Pike financed?
Five-plus-unit and commercial properties use a commercial loan -- commonly DSCR-underwritten on the property's net operating income, typically with 20-30% down on a 20-25-year amortization -- not a conforming 30-year mortgage. Contact Grant Hammond, Compass RE, about financing.
What is the cap rate or rent roll for 1886 Carters Creek Pike?
Cap rate, net operating income, and gross rent multiplier depend on the current rents and operating expenses, which are not included in the public listing data. Contact Grant Hammond, Compass RE, for the rent roll and operating statement.
How much does 1886 Carters Creek Pike cost?
1886 Carters Creek Pike is listed at $1,500,000, about $326 per square foot across 4,608 square feet (as of 11-04-2026).
What is the price per square foot for 1886 Carters Creek Pike?
1886 Carters Creek Pike is priced at $326 per square foot, 4,608 square feet at $1,500,000 (as of 11-04-2026).
What schools is 1886 Carters Creek Pike, Franklin zoned for?
1886 Carters Creek Pike, Franklin is zoned for Winstead Elementary School (elementary), Legacy Middle School (middle), Independence High School (high) in Williamson County, per the listing. Attendance zones are assigned by address and can change; confirm the current assignment with the school district before relying on it.
How big is the lot for 1886 Carters Creek Pike?
1886 Carters Creek Pike sits on a 10.1-acre lot, measuring approximately 10.10 ac (per the listing).
Does 1886 Carters Creek Pike have a basement?
No. 1886 Carters Creek Pike has no basement, per the listing.
When was 1886 Carters Creek Pike built?
1886 Carters Creek Pike was built in 1965.
What are the property taxes on 1886 Carters Creek Pike?
The annual property tax reported for 1886 Carters Creek Pike is about $2,088 (as reported on the listing, as of 11-04-2026).
Is Franklin a buyer's or seller's market?
Franklin is currently a seller's market, with about 3.7 months of supply, 98.8% sale-to-list. The median list price is around $1,172,000 (as of 11-04-2026, Realtracs via IDX).
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.