406 Wild Elm St, Franklin, TN 37064
Active · $1,950,000
5 beds4.5 baths5,334 sq ft$366 /sq ft0.28 acres
MLS #3159625 · updated 2026-06-28 · listed with Parks Compass
Active · $1,950,000
MLS #3159625 · updated 2026-06-28 · listed with Parks Compass
5-bed, 4.5-bath home at 406 Wild Elm St in Westhaven, Franklin, 5,334 sqft, $1,950,000 ($366/sqft), by Parks Compass.
406 Wild Elm St is a 5-bedroom, 4.5-bath home in Franklin, TN 37064, offered at $1,950,000, about $366/sq ft across 5,334 sq ft.
At $366/sq ft, this home is about 25% below the Westhaven median list price per square foot of $485.
Market read: Westhaven is a balanced market at about 5.6 months of inventory.
School zone: assigned to Pearre Creek Elementary 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 406 Wild Elm St (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.
Location is EVERYTHING and VALUE is next! Rare all-brick Westhaven home with a finished basement and double front porches on one of the community's most coveted streets. Thoughtfully designed floor plan, abundant storage, and multiple indoor/outdoor living spaces create this truly unique home. Best value per sq/ft in Westhaven. **Stunning main floor includes the Primary Suite, large formal Dining Room, Butler's Pantry, spacious and renovated eat-in Kitchen with Sitting Room and oversized main-level Family Room with stack-stone fireplace and extensive built-ins. **The renovated kitchen includes a Thermador range, double ovens, quartz and solid walnut butcher block countertops, floating shelves, designer lighting and perfect space for everyday living and entertaining. **Upstairs offers 3 generously sized Bedrooms, 2 full Baths, dedicated Office, Bonus Room, ample finished and unfinished storage and access to a second-floor covered porch that provides a cozy, private oasis. **The newly finished Basement adds approximately 1,000 sq ft of living space with a large Bonus room, full bath, flex space suitable for a workout room or 5th bedroom, and courtyard access. *Additional features include a three-car garage, large driveway, as well as a new roof, gutters and downspouts.
Listing remarks courtesy of Parks Compass via RealTracs.
| Metric | This home | Westhaven active | Recently sold |
|---|---|---|---|
| Price / sq ft | $366 | $485 median | - |
| Price position | 6th pctile | +24% vs median | - |
This listing beside the active Westhaven market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Analysis, not an appraisal.
Among the active homes in Westhaven, this home at $366/sq ft falls in the 6th percentile on price per square foot.
Westhaven trades about 24% above Franklin 37064 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Westhaven.
Computed by Grant Hammond from the active Westhaven 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 | 55 in Westhaven |
|---|---|
| Recent absorption | about 9.8 sales / mo |
| Months of inventory | 5.6 months, a balanced market |
Supply-side and recent-sale context for Westhaven. Sale figures are trailing 6/12/24-month medians of recorded Westhaven closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 406 Wild Elm St at $1,950,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,950,000 |
|---|---|
| HOA dues | $332 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $964,700 trails the $1,950,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $3,849 now to roughly $7,781 (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.
406 Wild Elm St sits in Westhaven, Franklin, Williamson County.
In Westhaven, homes there are priced around $485 per square foot; inventory is running at about 5.6 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Market data, not an appraisal.
406 Wild Elm St is zoned for Pearre Creek Elementary 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 (2026-06-28), 406 Wild Elm St, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
406 Wild Elm St, Franklin is listed at $1,950,000, about $366 per square foot across 5,334 square feet.
5 bedrooms and 4.5 ba (4 full, 1 half).
About $366 per square foot ($1,950,000 across 5,334 sqft).
406 Wild Elm St, Franklin was built in 2007.
Yes, 3 garage spaces, per the listing.
HOA dues are $332 per month, as listed.
406 Wild Elm St, Franklin is in the Westhaven subdivision of Franklin.
406 Wild Elm St, Franklin is zoned for Pearre Creek Elementary School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 406 Wild Elm St, 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 $366 per square foot, 406 Wild Elm St, Franklin ranks in the 6th percentile of active Westhaven listings by price per square foot, roughly 25% below the Westhaven median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Westhaven is currently a balanced market, at about 5.6 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 406 Wild Elm St (reference).
Get the full details, recent comparable sales, and any off-market options for 406 Wild Elm St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Parks Compass. 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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