721 Vernon Rd, Franklin, TN 37067
Active · $4,499,900
4 beds3.5 baths3,896 sq ft$1,155 /sq ft27.45 acres
MLS #3152578 · updated 2026-06-28 · listed with Southern Life Real Estate
Active · $4,499,900
MLS #3152578 · updated 2026-06-28 · listed with Southern Life Real Estate
4-bed, 3.5-bath home at 721 Vernon Rd, Franklin, 3,896 sqft, $4,499,900 ($1,155/sqft), by Southern Life Real Estate.
721 Vernon Rd is a 4-bedroom, 3.5-bath home in Franklin, TN 37067, offered at $4,499,900, about $1,155/sq ft across 3,896 sq ft.
Market read: Franklin 37067 homes is a buyer-favored market at about 10.3 months of inventory.
School zone: assigned to Jordan Elementary School, Sunset Middle School, Ravenwood High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 721 Vernon Rd (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-28. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Secluded and private, this exceptional 4-bedroom, 3.5-bath home sits on 27 acres enrolled in Greenbelt, offering a rare combination of tranquility, space, and convenience. Approximately 3 acres are cleared around the home, providing an ideal setting for outdoor living, gardening, or simply enjoying the surrounding natural beauty. Future subdividing for estate lot development is possible. Located on a unique property line that separates Brentwood and Franklin, the property offers a prime Middle Tennessee location with the potential for a future connection to Brentwood Utilities. The land is complemented by outstanding outbuildings that make this property ideal for hobbyists, car collectors, contractors, or those needing significant workspace and storage. A massive 70' x 52' four-vehicle garage features 14-foot doors, perfect for larger vehicles, equipment, or recreational toys. Attached is a 52' x 21' conditioned workshop complete with plumbing in place for a future bathroom and a spacious storage loft above. In addition, a 40' x 60' equipment garage provides substantial covered storage for tractors, trailers, boats, or additional vehicles. Whether you are seeking privacy, room to expand, space for equipment, or a versatile property with exceptional utility buildings, this rare acreage opportunity offers endless possibilities while still being just minutes from the amenities of Brentwood and Franklin.
Listing remarks courtesy of Southern Life Real Estate via RealTracs.
| Metric | This home | Franklin 37067 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $1,155 | $320 median | - |
| Price position | 97th pctile | -9% vs median | - |
This listing beside the active Franklin 37067 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Analysis, not an appraisal.
At $1,155/sq ft, this home is among the highest-priced of the active homes in Franklin 37067 by price per square foot (97th percentile).
Franklin 37067 trades about 9% below greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Franklin 37067.
Computed by Grant Hammond from the active Franklin 37067 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 | 241 in Franklin 37067 homes |
|---|---|
| Recent absorption | about 23.4 sales / mo |
| Months of inventory | 10.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37067 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37067 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 721 Vernon Rd at $4,499,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $4,499,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
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.
721 Vernon Rd sits in Franklin, Williamson County.
In Franklin 37067, homes there are priced around $320 per square foot; inventory is running at about 10.3 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.
721 Vernon Rd is zoned for Jordan Elementary School, Sunset Middle School, Ravenwood 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 (2026-06-28), 721 Vernon Rd, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
721 Vernon Rd, Franklin is listed at $4,499,900, about $1,155 per square foot across 3,896 square feet.
4 bedrooms and 3.5 ba (3 full, 1 half).
About $1,155 per square foot ($4,499,900 across 3,896 sqft).
721 Vernon Rd, Franklin was built in 1998.
Yes, 2 garage spaces, per the listing.
No HOA dues are reported for this home.
No subdivision is reported.
721 Vernon Rd, Franklin is zoned for Jordan Elementary School, Sunset Middle School, Ravenwood High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 721 Vernon 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 $1,155 per square foot, 721 Vernon Rd, Franklin ranks in the 97th percentile of active Franklin 37067 listings by price per square foot, roughly 261% above the Franklin 37067 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37067 is currently a buyer-favored market (ample supply), at about 10.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 721 Vernon Rd (reference).
Get the full details, recent comparable sales, and any off-market options for 721 Vernon Rd - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Southern Life 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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