5215 Backbone Ridge Rd, Franklin, TN 37064
5215 Backbone Ridge Rd, Franklin, TN 37064, Active at $2,980,000 ($1,042/sq ft). 5 bd · 3.5 ba (3 full, 1 half) · 2,860 sqft · $1,042/sqft · 17 ac.
5215 Backbone Ridge Rd, Franklin, TN 37064, Active at $2,980,000 ($1,042/sq ft). 5 bd · 3.5 ba (3 full, 1 half) · 2,860 sqft · $1,042/sqft · 17 ac.
Active · $2,980,000
MLS #3135945 · listed February 23, 2026 · 245 days on market · updated October 8, 2026
5-bed, 3.5-bath home at 5215 Backbone Ridge Rd, Franklin, 2,860 sqft, $2,980,000 ($1,042/sqft), by United Country Real Estate Leipers Fork.
5215 Backbone Ridge Rd is a 5-bedroom, 3.5-bath home in Franklin, TN 37064, offered at $2,980,000, about $1,042/sq ft across 2,860 sq ft.
Recently sold in Franklin 37064: 159 comparable homes from $1,945,000 to $4,000,000, a median of $531/sq ft.
Market read: the Franklin 37064 homes market is balanced, at about 3.7 months of inventory; recent sales have closed near 98.9% of list over the past year.
All-in, about $18,800/mo at 20% down (7.60% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $1,967/mo, roughly 10% of the all-in monthly payment.
At the current 7.60% 30-year jumbo rate, principal and interest on this home runs about $16,833/mo; at the 6.90% rate of about three months ago it would be roughly $15,701/mo, so monthly P&I is about $1,132 higher now.
School zone: assigned to Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 5215 Backbone Ridge Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 8, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
A rare opportunity to own 17 private acres within the highly sought-after Big East Fork Agrihood in Franklin, Tennessee. This 5-bedroom, 3.5-bath home offers 2,860 sq ft of comfortable living space, set among rolling countryside and a community centered around land stewardship, privacy, and intentional living. Surrounded by natural beauty and protected acreage, the property provides a peaceful retreat with room to grow, garden, and enjoy the outdoors, while still being within convenient reach of Franklin and Nashville. The existing home offers immediate livability and the potential to be further personalized or enhanced over time. Located within the Big East Fork Agrihood Association, this property is part of a thoughtfully designed community that prioritizes open space, preservation, and a shared connection to the land. With long-term subdivision restrictions in place, owners benefit from protected density and a consistent, estate-level environment. This is an ideal opportunity for buyers seeking a primary residence, a second home, or a long-term land investment in one of Williamson County's most distinctive and desirable settings.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 5215 Backbone Ridge Rd (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $2,980,000 | -$220,000 (-6.9%) | |
| Listed | $3,200,000 |
Listed February 23, 2026, this listing has been on the market 245 days as of October 26, 2026. The price has been reduced once, from $3,200,000 to $2,980,000 (-6.9%). The most recent change was first seen on our daily record June 21, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 5215 Backbone Ridge Rd at $2,980,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $2,980,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 5215 Backbone Ridge Rd is about $18,800/mo, 20% down on a 30-year fixed at 7.60% (a jumbo loan), including principal & interest $16,833, estimated property tax $972, homeowners insurance $995. Estimate only; not a loan offer.
| Principal & interest | $16,833/mo |
|---|---|
| Property tax (est.) | $972/mo |
| Homeowners insurance (est.) | $995/mo |
| Estimated total | $18,800/mo |
Assumes 20% down, 30-year fixed at 7.60% (Mortgage News Daily, as of October 23, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.60% | $15,226/mo | $17,193/mo | -$1,607/mo |
| 7.10% | $16,021/mo | $17,988/mo | -$812/mo |
| 7.60% | $16,833/mo | $18,800/mo | current |
| 8.10% | $17,659/mo | $19,626/mo | +$826/mo |
| 8.60% | $18,500/mo | $20,467/mo | +$1,667/mo |
Principal & interest on a 30-year fixed at 20% down ($2,384,000 loan), with property tax, insurance held constant at $1,967/mo. Current 30-year fixed 7.60% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.
Owning 5215 Backbone Ridge Rd runs about $18,800/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $1,042 | $383 median | - |
| Price position | 91st pctile | +172% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 26, 2026.
At $1,042/sq ft, this home ranks in the 91st percentile of the active homes in Franklin 37064 by price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of October 26, 2026, refreshed weekly.
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).
| Active listings | 383 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 103.5 sales / mo |
| Months of inventory | 3.7 months, a balanced market |
Over the past 12 months, homes in Franklin 37064 homes sold at about 98.9% of list price.
Recorded sales in Franklin 37064 homes: 1152 in the past 12 months.
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 September 27, 2026.
5215 Backbone Ridge Rd sits in Franklin, Williamson County.
In Franklin 37064, homes there are priced around $392 per square foot; inventory in Franklin 37064 homes is running at about 3.7 months, a balanced market; recent sales closed near 98.9% of list price; 159 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.
Approximately 20 miles from downtown Nashville (straight-line distance).
5215 Backbone Ridge Rd is zoned for Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Franklin High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 5215 Backbone Ridge Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 5215 Backbone Ridge Rd, by price and size.
Listed by Cindy Garvey, United Country Real Estate Leipers Fork. 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.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (October 8, 2026), 5215 Backbone Ridge Rd, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
5215 Backbone Ridge Rd was listed on February 23, 2026 and has been on the market 245 days as of October 26, 2026, per Realtracs.
Yes. It was first listed at $3,200,000. The price has been reduced once, most recently to $2,980,000 by June 21, 2026, a total change of -6.9%.
5215 Backbone Ridge Rd, Franklin is listed at $2,980,000, about $1,042 per square foot across 2,860 square feet.
5 bedrooms and 3.5 bathrooms (3 full, 1 half).
About $1,042 per square foot ($2,980,000 across 2,860 sqft).
5215 Backbone Ridge Rd, Franklin was built in 1910.
No garage is reported in the listing.
No HOA dues are reported for this home.
No subdivision is reported.
About $18,800 a month with 20% down on a 30-year fixed at 7.60%, principal and interest $16,833, estimated property tax $972, insurance $995. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
5215 Backbone Ridge Rd, Franklin is zoned for Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 5215 Backbone Ridge 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.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $1,042 per square foot, 5215 Backbone Ridge Rd, Franklin ranks in the 91st percentile of active Franklin 37064 listings by price per square foot, roughly 166% above the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $531 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 homes market is currently balanced, at about 3.7 months of inventory; recent sales have closed near 98.9% of list price over the past year, per Realtracs as of September 27, 2026.
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