384 Lake Valley Dr, Franklin, TN 37069
384 Lake Valley Dr, Franklin, TN 37069, Active at $2,595,000 ($367/sq ft). 4 bd · 5 ba · 7,065 sqft · $367/sqft · 1.7 ac.
384 Lake Valley Dr, Franklin, TN 37069, Active at $2,595,000 ($367/sq ft). 4 bd · 5 ba · 7,065 sqft · $367/sqft · 1.7 ac.
Active · $2,595,000
MLS #3155108 · updated 2026-06-25 · listed with Onward Real Estate
4-bed, 5-bath home at 384 Lake Valley Dr in Legends Ridge Sec 4-A, Franklin, 7,065 sqft, $2,595,000 ($367/sqft), by Onward Real Estate.
384 Lake Valley Dr is a 4-bedroom, 5-bath home in Franklin, TN 37069, offered at $2,595,000, about $367/sq ft across 7,065 sq ft.
At $367/sq ft, this home is priced in line with the Franklin 37069 list-price median of $365/sq ft.
Market read: Franklin 37069 homes is a buyer-favored market at about 6.3 months of inventory.
School zone: assigned to Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 384 Lake Valley Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-25. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Tucked within the prestigious neighborhood of Legends Ridge, this custom estate blends timeless design with effortless livability, just minutes from the charm of downtown Franklin. Designed with entertaining at its core, the home unfolds with a sense of scale and warmth, anchored by a dramatic two-story great room with soaring 22-foot ceilings. Natural light pours through French casement windows, creating an inviting backdrop for both intimate gatherings and larger celebrations. The formal dining room, wrapped in designer House of Scalamandré wallpaper, makes a striking statement, while a fully equipped wet bar, thoughtfully positioned off the foyer and adjoining piano room, alongside an impressive temperature-controlled wine room, sets the stage for curated evenings at home. The kitchen is both refined and functional, centered around a 10-foot quartz island and complemented by premium appliances including Sub-Zero, Bosch, Miele and more. Thoughtful details like parlor doors, a built-in china cabinet and a cozy breakfast nook create a space that feels as beautiful as it is practical. The main-level living spaces offer versatility and privacy, from a richly appointed library with fireplace to a light-filled den that opens directly to the outdoor living areas. The primary suite is a true retreat, featuring a spa-like bath with heated marble floors, soaking tub, walk-in shower and dual closets designed for everyday luxury. Upstairs, each bedroom offers its own en-suite bath and walk-in closet, connected by a striking catwalk overlooking the great room. A flex space, along with a fully equipped media and bonus room with surround sound and wet bar, creates the perfect balance of work and play. Outdoor living is where this home truly shines. With over 2,000 square feet of paver patio, a fully outfitted outdoor kitchen, spa with spillover feature, the setting is designed for year-round enjoyment, whether hosting under the stars or enjoying a quiet morning at home.
Listing remarks courtesy of Onward Real Estate via RealTracs.
Among the 155 active homes in Franklin 37069, this home at $367/sq ft falls in the 51st percentile on price per square foot.
Computed by Grant Hammond from 155 Franklin 37069 comparables (RealTracs via IDX), as of 2026-07-18, 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 | 165 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 26.2 sales / mo |
| Months of inventory | 6.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37069 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 384 Lake Valley Dr at $2,595,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $2,595,000 |
|---|---|
| HOA dues | $233 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $1,274,000 trails the $2,595,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $4,141 now to roughly $8,434 (appraised value times the 25% Tennessee residential ratio times the Williamson County (unincorporated) 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.
384 Lake Valley Dr sits in Legends Ridge Sec 4-A, Franklin, Williamson County.
In Franklin 37069, homes there are priced around $365 per square foot; inventory is running at about 6.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Market data, not an appraisal.
384 Lake Valley Dr is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin 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 (2026-06-25), 384 Lake Valley Dr, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
384 Lake Valley Dr, Franklin is listed at $2,595,000, about $367 per square foot across 7,065 square feet.
4 bedrooms and 5 ba.
About $367 per square foot ($2,595,000 across 7,065 sqft).
384 Lake Valley Dr, Franklin was built in 1998.
Yes, 3 garage spaces, per the listing.
HOA dues are $233 per month, as listed.
384 Lake Valley Dr, Franklin is in the Legends Ridge Sec 4-A subdivision of Franklin.
384 Lake Valley Dr, Franklin is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 384 Lake Valley Dr, 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 $367 per square foot, 384 Lake Valley Dr, Franklin ranks in the 51st percentile of active Franklin 37069 listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37069 is currently a buyer-favored market (ample supply), at about 6.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 384 Lake Valley Dr (reference).
Get the full details, recent comparable sales, and any off-market options for 384 Lake Valley Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Onward 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 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.
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