5028 Franklin Pike, Nashville, TN 37220
5028 Franklin Pike, Nashville, TN 37220, Active at $4,999,900 ($433/sq ft). 7 bd · 11 ba · 11,554 sqft · $433/sqft · 1.92 ac.
5028 Franklin Pike, Nashville, TN 37220, Active at $4,999,900 ($433/sq ft). 7 bd · 11 ba · 11,554 sqft · $433/sqft · 1.92 ac.
Active · $4,999,900
MLS #3170133 · listed June 28, 2026 · 27 days on market · updated June 28, 2026
7-bed, 11-bath home at 5028 Franklin Pike in Oak Hill, Nashville, 11,554 sqft, $4,999,900 ($433/sqft), by RE/MAX Homes And Estates.
5028 Franklin Pike is a 7-bedroom, 11-bath home in Nashville, TN 37220, offered at $4,999,900, about $433/sq ft across 11,554 sq ft.
At $433/sq ft, this home is about 36% below the Oak Hill median list price per square foot of $676.
Market read: the Oak Hill market is balanced, at about 4.4 months of inventory.
All-in, about $29,656/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $3,898/mo, roughly 13% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this home runs about $25,758/mo; at the 6.277% rate of about three months ago it would be roughly $24,698/mo, so monthly P&I is about $1,060 higher now.
School zone: assigned to Crieve Hall Elementary, McMurray Middle, John Overton Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 5028 Franklin Pike (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of June 28, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Complete reported fields for 5028 Franklin Pike (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $4,999,900 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 5028 Franklin Pike at $4,999,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $4,999,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 5028 Franklin Pike is about $29,656/mo, 20% down on a 30-year fixed at 6.68% (a jumbo loan), including principal & interest $25,758, estimated property tax $2,898, homeowners insurance $1,000. Estimate only; not a loan offer.
| Principal & interest | $25,758/mo |
|---|---|
| Property tax (est.) | $2,898/mo |
| Homeowners insurance (est.) | $1,000/mo |
| Estimated total | $29,656/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Davidson County General Services District rate 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 |
|---|---|---|---|
| 5.68% | $23,165/mo | $27,063/mo | -$2,593/mo |
| 6.18% | $24,446/mo | $28,344/mo | -$1,312/mo |
| 6.68% | $25,758/mo | $29,656/mo | current |
| 7.18% | $27,097/mo | $30,995/mo | +$1,339/mo |
| 7.68% | $28,463/mo | $32,361/mo | +$2,705/mo |
Principal & interest on a 30-year fixed at 20% down ($3,999,920 loan), with property tax, insurance held constant at $3,898/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 5028 Franklin Pike runs about $29,656/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 | Oak Hill active | Recently sold |
|---|---|---|---|
| Price / sq ft | $433 | $676 median | - |
| Price position | 0th pctile | -36% vs median | - |
| Oak Hill vs Nashville 37220 area | - | +39% | - |
This listing beside the active Oak Hill market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $433/sq ft, this home is among the lowest-priced of the 9 active homes in Oak Hill by price per square foot (0th percentile).
Oak Hill trades about 39% above Nashville 37220 area on a price-per-square-foot basis.
Taken together, this home reads toward the lower end per square foot for Oak Hill.
Computed by Grant Hammond from 9 Oak Hill comparables (RealTracs via IDX), as of 2026-07-24, 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 |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (RealTracs via IDX).
| Active listings | 17 in Oak Hill |
|---|---|
| Recent absorption | about 3.9 sales / mo |
| Months of inventory | 4.4 months, a balanced market |
Supply-side and recent-sale context for Oak Hill. Sale figures are trailing 6/12/24-month medians of recorded Oak Hill closings. Source RealTracs via IDX, as of 2026-07-23.
5028 Franklin Pike sits in Oak Hill, Nashville, Davidson County.
In Oak Hill, homes there are priced around $676 per square foot; inventory is running at about 4.4 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
5028 Franklin Pike is zoned for Crieve Hall Elementary, McMurray Middle, John Overton Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 5028 Franklin Pike - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 5028 Franklin Pike, by price and size.
Listed with RE/MAX Homes And Estates. 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.
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As of the latest update (June 28, 2026), 5028 Franklin Pike, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
5028 Franklin Pike, Nashville is listed at $4,999,900, about $433 per square foot across 11,554 square feet.
7 bedrooms and 11 bathrooms.
About $433 per square foot ($4,999,900 across 11,554 sqft).
5028 Franklin Pike, Nashville was built in 1961.
Yes, 3 garage spaces, per the listing.
No HOA dues are reported for this home.
5028 Franklin Pike, Nashville is in the Oak Hill subdivision of Nashville.
About $29,656 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $25,758, estimated property tax $2,898, insurance $1,000. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
5028 Franklin Pike, Nashville is zoned for Crieve Hall Elementary, McMurray Middle, John Overton Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 5028 Franklin Pike, Nashville 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. Use the tour or question form on this page.
At about $433 per square foot, 5028 Franklin Pike, Nashville ranks in the 0th percentile of active Oak Hill listings by price per square foot, roughly 36% below the Oak Hill median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Oak Hill market is currently balanced, at about 4.4 months of inventory, per RealTracs as of 2026-07-23.
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