3530 Bailey Rd, Franklin, TN 37064
Conditional · $19,995,000
MLS #2985789 · updated 2026-06-08 · listed with Covey Rise Properties LLC
Conditional · $19,995,000
MLS #2985789 · updated 2026-06-08 · listed with Covey Rise Properties LLC






























3-bed, 2.5-bath home at 3530 Bailey Rd in Terp Brian, Franklin, 3,030 sqft, $19,995,000 ($6,599/sqft), by Covey Rise Properties LLC.
3530 Bailey Rd is a 3-bedroom, 2.5-bath home in Franklin, TN 37064, offered at $19,995,000, about $6,599/sq ft across 3,030 sq ft.
Bedroom count: this home is listed in the MLS structured data as 3 bedrooms, while the listing remarks describe a 12-bedroom layout. We report the structured MLS count (3); confirm the configuration that matters to you.
Market read: Franklin 37064 homes is a buyer-favored market at about 7.3 months of inventory.
School zone: assigned to Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 3530 Bailey Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-08. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Nestled just two miles from the heart of historic Leiper's Fork, Little Fawn Farm encompasses 97 acres of exquisitely maintained countryside along one of Middle Tennessee's most prestigious roads. A grand entry gate sets the tone, welcoming visitors into a property defined by meticulous attention to detail and timeless Southern charm. As you wind down the long drive, passing a tranquil pond with a fountain, you're enveloped by sweeping views of rolling pastures and wooded ridges. The main residence, a charming three-bedroom home designed to capture natural light, sits perfectly elevated to take in the scenic vistas. The entire third floor is dedicated to a luxurious primary suite offering unobstructed views for miles. Entertaining is effortless here, thanks to a stunning 35x40 party barn. Once a working barn, it's been transformed into an entertainer's paradise featuring multiple sitting areas, TVs for game days, a loft area, half bath, and kitchen. Glass bay doors open wide to let in the crisp Tennessee air, while a covered porch overlooks the new horse barn and beautifully fenced pastures. An inviting firepit and newly installed outdoor kitchen complete the barn's alfresco offerings. For equestrian enthusiasts, the horse barn surpasses expectations with custom-built 14x14 stalls, indoor and outdoor wash bays, office, and a well-appointed tack room. Additional structures include a dedicated donkey barn, a spacious 30x50 detached four-bay garage ideal for a car collection, small barn with half bath and a workshop garage. The estate's grounds boast natural water features like a spring-fed, stocked pond and a stunning swimming hole with stone coping, a waterfront fire pit and graceful waterfalls. The property enjoys frontage on Murfrees Creek for fishing, while deer and wild turkey are bountiful for the outdoor enthusiasts. Little Fawn Farm offers ample opportunities for expansion with an approved 12-bedroom perk site and three additional build sites.
Listing remarks courtesy of Covey Rise Properties LLC via RealTracs.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $6,599 | $391 median | - |
| Price position | 100th pctile | +11% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Analysis, not an appraisal.
At $6,599/sq ft, this home is among the highest-priced of the active homes in Franklin 37064 by price per square foot (100th percentile).
Franklin 37064 trades about 11% above greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Franklin 37064.
Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-17, refreshed weekly. Analysis, not an appraisal.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX). Analysis, not an appraisal.
| Active listings | 653 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 89.5 sales / mo |
| Months of inventory | 7.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 3530 Bailey Rd at $19,995,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $19,995,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $7,333,700 trails the $19,995,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $29,261 now to roughly $79,780 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
3530 Bailey Rd sits in Terp Brian, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $391 per square foot; inventory is running at about 7.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Market data, not an appraisal.
3530 Bailey Rd is zoned for Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-06-08), 3530 Bailey Rd, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
3530 Bailey Rd, Franklin is listed at $19,995,000, about $6,599 per square foot across 3,030 square feet.
3 bedrooms and 2.5 ba (2 full, 1 half).
About $6,599 per square foot ($19,995,000 across 3,030 sqft).
3530 Bailey Rd, Franklin was built in 2016.
Yes, 3 garage spaces, per the listing.
No HOA dues are reported for this home.
3530 Bailey Rd, Franklin is in the Terp Brian subdivision of Franklin.
3530 Bailey Rd, Franklin is zoned for Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 3530 Bailey Rd, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $6,599 per square foot, 3530 Bailey Rd, Franklin ranks in the 100th percentile of active Franklin 37064 listings by price per square foot, roughly 1588% above the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37064 is currently a buyer-favored market (ample supply), at about 7.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 3530 Bailey Rd (reference).
Get the full details, recent comparable sales, and any off-market options for 3530 Bailey Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Covey Rise Properties LLC. 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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