127 Pennystone Cir, Franklin, TN 37067
Conditional · $709,000
3 beds3.5 baths2,611 sq ft$272 /sq ft0.08 acres
MLS #3201662 · updated 2026-06-09 · listed with Zeitlin Sotheby's International Realty
Conditional · $709,000
MLS #3201662 · updated 2026-06-09 · listed with Zeitlin Sotheby's International Realty
3-bed, 3.5-bath condo at 127 Pennystone Cir in Avalon Sec 4, Franklin, 2,611 sqft, $709,000 ($272/sqft), by Zeitlin Sotheby's International Realty.
127 Pennystone Cir is a 3-bedroom, 3.5-bath condo in Franklin, TN 37067, offered at $709,000, about $272/sq ft across 2,611 sq ft.
At $272/sq ft, this condo is about 20% below the Avalon median list price per square foot of $338.
Market read: Franklin 37067 condos is a buyer-favored market at about 8.6 months of inventory.
Next step: ask Grant Hammond anything about 127 Pennystone Cir (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-09. RealTracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
BEST VALUE IN THE MEADE OF AVALON!!! Welcome to 127 Pennystone Circle in the gated community of Meade of Avalon, a beautifully maintained community known for its park-like setting and unbeatable location. This spacious 3-bedroom, 3.5-bath home offers an open-concept main level design. The thoughtfully updated interior features a renovated laundry room, a new water heater installed in 2026, and a large primary suite complete with an spacious bedroom and bath. With generous living spaces and a functional layout, this home is ideal as a full-time residence or a convenient lock-and-leave getaway. Enjoy easy access to the community pool and clocktower, while the HOA handles all exterior maintenance for truly low-maintenance living. Residents of Meade of Avalon also enjoy direct connectivity to Smith Park and Brentwood's extensive trail system, perfect for walking, biking, and enjoying the outdoors. Located in a highly sought-after school zone including Clovercroft Elementary, Woodland Middle, and Ravenwood High School, this home offers both lifestyle and location in one exceptional package. This is a must-see opportunity in one of Franklin's most desirable gated communities!
Listing remarks courtesy of Zeitlin Sotheby's International Realty via RealTracs.
At $272/sq ft, this condo ranks in the 10th percentile of the 51 active condos in Avalon by price per square foot.
Computed by Grant Hammond from 51 Avalon comparables (RealTracs via IDX), as of 2026-07-17, refreshed weekly. Analysis, not an appraisal.
In Avalon Sec 4, the median sale price per square foot has moved from about $316 (2025-08) to about $488 (2026-07), roughly 54% up across the last 8 months of recorded sales.
Computed by Grant Hammond from the monthly price-per-square-foot of recorded Avalon Sec 4 closings (RealTracs via IDX). Analysis, not an appraisal.
| Active listings | 53 in Franklin 37067 condos |
|---|---|
| Recent absorption | about 6.2 sales / mo |
| Months of inventory | 8.6 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37067 condos. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37067 condos closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 127 Pennystone Cir at $709,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $709,000 |
|---|---|
| HOA dues | $585 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $452,100 trails the $709,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,804 now to roughly $2,829 (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.
127 Pennystone Cir sits in Avalon Sec 4, Franklin, Williamson County.
In Avalon, homes there are priced around $338 per square foot; inventory is running at about 8.6 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.
127 Pennystone Cir is zoned for Clovercroft Elementary School, Woodland 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 (2026-06-09), 127 Pennystone Cir, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
127 Pennystone Cir, Franklin is listed at $709,000, about $272 per square foot across 2,611 square feet.
3 bedrooms and 3.5 ba (3 full, 1 half).
About $272 per square foot ($709,000 across 2,611 sqft).
127 Pennystone Cir, Franklin was built in 2006.
Yes, 2 garage spaces, per the listing.
HOA dues are $585 per month, as listed.
127 Pennystone Cir, Franklin is in the Avalon Sec 4 subdivision of Franklin.
127 Pennystone Cir, Franklin is zoned for Clovercroft Elementary School, Woodland Middle School, Ravenwood High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
HOA dues are $585 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
On a fee-adjusted price-per-square-foot basis within the building, so units compare on true carrying cost rather than raw list price.
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 $272 per square foot, 127 Pennystone Cir, Franklin ranks in the 10th percentile of active Avalon listings by price per square foot, roughly 20% below the Avalon median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Avalon is currently a buyer-favored market (ample supply), at about 8.6 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 127 Pennystone Cir (reference).
Get the full details, recent comparable sales, and any off-market options for 127 Pennystone Cir - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Zeitlin Sotheby's International Realty. 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.
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